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 Video: What is a Stock Split?
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| EOG Resources, Inc. is a crude oil and natural gas exploration and production company. It explores, develops, produces, and markets crude oil, natural gas liquids (NGLs) and natural gas primarily in major producing basins in the U.S., the Republic of Trinidad and Tobago (Trinidad) and, from time to time, selects other international areas. Its operations are located in the basins of the U.S. with a focus on crude oil and, to a lesser extent, natural gas plays. It is focused on the Wolfcamp, Bone Spring, and Leonard plays. The South Texas area includes its Eagle Ford play and its Dorado gas play. According to our EOG split history records, EOG Resources has had 3 splits. | |
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EOG Resources (EOG) has 3 splits in our EOG split history database. The first split for EOG took place on June 16, 1994. This was a 2 for 1
split, meaning for each share of EOG 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. EOG's second split took place on March 02, 2005. This was a 2 for 1 split, meaning for each share of EOG 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. EOG's third split took place on April 01, 2014. This was a 2 for 1 split, meaning for each share of EOG owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as EOG Resources 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 EOG split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EOG Resources shares, starting with a $10,000 purchase of EOG, presented on a split-history-adjusted basis factoring in the complete EOG split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$90.54 |
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| End price/share: |
$138.05 |
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| Starting shares: |
110.45 |
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| Ending shares: |
145.84 |
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| Dividends reinvested/share: |
$27.89 |
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| Total return: |
101.34% |
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| Average Annual Total Return: |
7.25% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,128.27 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
01/16/2025 |
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| Start price/share: |
$90.54 |
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| End price/share: |
$138.05 |
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| Dividends collected/share: |
$27.89 |
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| Total return: |
83.28% |
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| Average Annual Total Return: |
6.25% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,329.27 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 06/16/1994 | 2 for 1
| | 03/02/2005 | 2 for 1 | | 04/01/2014 | 2 for 1 |
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