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Video: What is a Stock Split?
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Berry Corporation (bry) is an independent upstream energy company. Co. operates through two segments: exploration and production (E&P) and well servicing and abandonment (CJWS). The E&P segment consists of the development and production of onshore, low geologic risk, long-lived conventional oil and gas reserves, primarily located in California, as well as Utah. Its California operating area consists of properties located in Midway-Sunset, South Belridge, McKittrick and Poso Creek fields in the San Joaquin basin in Kern County. Co. operates Uinta basin operations in the Brundage Canyon, Ashley Forest, and Lake Canyon areas in Utah. According to our BRY split history records, Berry Corp (bry) has had 2 splits. | |
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Berry Corp (bry) (BRY) has 2 splits in our BRY split history database. The first split for BRY took place on June 05, 2006. This was a 2 for 1 split, meaning for each share of BRY owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. BRY's second split took place on October 30, 1989. This was a 2 for 1 split, meaning for each share of BRY owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Berry Corp (bry) splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the BRY split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Berry Corp (bry) shares, starting with a $10,000 purchase of BRY, presented on a split-history-adjusted basis factoring in the complete BRY split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
07/19/2018 |
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End date: |
01/16/2025 |
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Start price/share: |
$14.50 |
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End price/share: |
$4.99 |
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Starting shares: |
689.66 |
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Ending shares: |
1,157.65 |
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Dividends reinvested/share: |
$4.07 |
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Total return: |
-42.23% |
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Average Annual Total Return: |
-8.09% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5,778.40 |
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Years: |
6.50 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
07/19/2018 |
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End date: |
01/16/2025 |
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Start price/share: |
$14.50 |
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End price/share: |
$4.99 |
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Dividends collected/share: |
$4.07 |
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Total return: |
-37.52% |
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Average Annual Total Return: |
-6.98% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,247.45 |
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Years: |
6.50 |
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Date |
Ratio |
06/05/2006 | 2 for 1 | 10/30/1989 | 2 for 1 |
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