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Video: What is a Stock Split?
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Liberty Energy is a holding company. Through its subsidiaries, Co. is an oilfield services and technology company. Co. provides customers hydraulic fracturing services, together with complementary services including wireline services, proppant delivery solutions, data analytics, related goods, and technologies. Co.'s primary locations of operation include the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, the San Juan Basin, the Powder River Basin, the Haynesville Shale, the South Central Oklahoma Oil Province and Sooner Trend Anadarko Canadian Kingfisher, the Marcellus Shale, the Utica Shale, and the Western Canadian Sedimentary Basin. According to our LBRT split history records, Liberty Energy has had 1 split. | |
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Liberty Energy (LBRT) has 1 split in our LBRT split history database. The split for LBRT took place on January 18, 2000. This was a 2 for 1
split, meaning for each share of LBRT 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 Liberty Energy 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 LBRT 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 Liberty Energy shares, starting with a $10,000 purchase of LBRT, presented on a split-history-adjusted basis factoring in the complete LBRT split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/12/2018 |
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End date: |
04/26/2024 |
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Start price/share: |
$21.75 |
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End price/share: |
$23.01 |
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Starting shares: |
459.77 |
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Ending shares: |
484.63 |
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Dividends reinvested/share: |
$0.69 |
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Total return: |
11.51% |
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Average Annual Total Return: |
1.75% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,152.54 |
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Years: |
6.29 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/12/2018 |
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End date: |
04/26/2024 |
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Start price/share: |
$21.75 |
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End price/share: |
$23.01 |
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Dividends collected/share: |
$0.69 |
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Total return: |
8.97% |
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Average Annual Total Return: |
1.37% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,893.23 |
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Years: |
6.29 |
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Date |
Ratio |
01/18/2000 | 2 for 1
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