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 Video: What is a Stock Split?
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| Chevron is engaged in energy and chemicals operations. Upstream operations consist primarily of exploring for, developing, producing and transporting crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas; transporting crude oil by primary international oil export pipelines; transporting, storage and marketing of natural gas; and a gas-to-liquids plant. Downstream operations consist primarily of refining crude oil into petroleum products; marketing of crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products; and others. According to our CVX split history records, Chevron has had 1 split. | |
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Chevron (CVX) has 1 split in our CVX split history database. The split for CVX took place on September 13, 2004. This was a 2 for 1 split, meaning for each share of CVX 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.
When a company such as Chevron 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 CVX split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Chevron shares, starting with a $10,000 purchase of CVX, presented on a split-history-adjusted basis factoring in the complete CVX split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$116.02 |
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| End price/share: |
$150.74 |
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| Starting shares: |
86.19 |
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| Ending shares: |
131.88 |
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| Dividends reinvested/share: |
$50.28 |
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| Total return: |
98.79% |
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| Average Annual Total Return: |
7.11% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$19,874.68 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/04/2024 |
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| Start price/share: |
$116.02 |
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| End price/share: |
$150.74 |
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| Dividends collected/share: |
$50.28 |
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| Total return: |
73.26% |
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| Average Annual Total Return: |
5.65% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,325.87 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 09/13/2004 | 2 for 1 |
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