 |
 Video: What is a Stock Split?
|
|
|
| ConocoPhillips is an independent exploration and production company which explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas and natural gas liquids. Co.'s segments are: Alaska, which operates in Alaska; Lower 48, which operates in the U.S. states and the Gulf of Mexico; Canada, which operates in Alberta and British Columbia, Canada; Europe, Middle East and North Africa, which includes operations located in the Norwegian sector of the North Sea, the Norwegian Sea, and terminalling operations in the U.K.; Asia Pacific, which operates in China, Indonesia, Malaysia and Australia; and Other International, which includes activities in Colombia. According to our COP split history records, ConocoPhillips has had 6 splits. | |
|
ConocoPhillips (COP) has 6 splits in our COP split history database. The first split for COP took place on January 02, 1997. This was a 11 for 10
split, meaning for each 10
shares of COP owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. COP's second split took place on December 29, 1997. This was a 5 for 4
split, meaning for each 4
shares of COP owned pre-split, the shareholder now owned 5 shares. For example, a 1100 share position pre-split, became a 1375 share position following the split. COP's third split took place on December 29, 1998. This was a 5 for 4
split, meaning for each 4
shares of COP owned pre-split, the shareholder now owned 5 shares. For example, a 1375 share position pre-split, became a 1718.75 share position following the split. COP's 4th split took place on December 27, 1999. This was a 11 for 10
split, meaning for each 10
shares of COP owned pre-split, the shareholder now owned 11 shares. For example, a 1718.75 share position pre-split, became a 1890.625 share position following the split. COP's 5th split took place on June 02, 2005. This was a 2 for 1 split, meaning for each share of COP owned pre-split, the shareholder now owned 2 shares. For example, a 1890.625 share position pre-split, became a 3781.25 share position following the split. COP's 6th split took place on May 01, 2012. This was a 1311791 for 1000000 split, meaning for each 1000000 shares of COP owned pre-split, the shareholder now owned 1311791 shares. For example, a 3781.25 share position pre-split, became a 4960.20971875 share position following the split.
When a company such as ConocoPhillips 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 COP split history from start to finish, an original position size of 1000 shares would have turned into 4960.20971875 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ConocoPhillips shares, starting with a $10,000 purchase of COP, presented on a split-history-adjusted basis factoring in the complete COP split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/09/2014 |
|
| End date: |
10/07/2024 |
|
| Start price/share: |
$71.44 |
|
| End price/share: |
$114.72 |
|
| Starting shares: |
139.98 |
|
| Ending shares: |
193.63 |
|
| Dividends reinvested/share: |
$23.11 |
|
| Total return: |
122.13% |
|
| Average Annual Total Return: |
8.31% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$22,221.87 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/09/2014 |
|
| End date: |
10/07/2024 |
|
| Start price/share: |
$71.44 |
|
| End price/share: |
$114.72 |
|
| Dividends collected/share: |
$23.11 |
|
| Total return: |
92.92% |
|
| Average Annual Total Return: |
6.79% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$19,292.30 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 01/02/1997 | 11 for 10
| | 12/29/1997 | 5 for 4
| | 12/29/1998 | 5 for 4
| | 12/27/1999 | 11 for 10
| | 06/02/2005 | 2 for 1 | | 05/01/2012 | 1311791 for 1000000 |
|
|
Free COP Email Alerts:
