 |
 Video: What is a Stock Split?
|
|
|
| Marathon Petroleum is an independent petroleum refining and marketing, retail and midstream company. Co.'s segments include: Refining and Marketing, which refines crude oil and other feedstocks at its refineries, purchases refined products and ethanol for resale and distributes refined products; Retail, which sells transportation fuels and convenience products in the retail market across the U.S.; and Midstream, which transports, stores, distributes and markets crude oil and refined products via refining logistics assets, pipelines, terminals, towboats and barges, gathers, processes and transports natural gas, and gathers, transports, fractionates, stores and markets natural gas liquids. According to our MPC split history records, Marathon Petroleum has had 1 split. | |
|
Marathon Petroleum (MPC) has 1 split in our MPC split history database. The split for MPC took place on June 11, 2015. This was a 2 for 1 split, meaning for each share of MPC 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 Marathon Petroleum 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 MPC 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 Marathon Petroleum shares, starting with a $10,000 purchase of MPC, presented on a split-history-adjusted basis factoring in the complete MPC split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
06/24/2011 |
|
| End date: |
01/15/2021 |
|
| Start price/share: |
$18.63 |
|
| End price/share: |
$43.98 |
|
| Starting shares: |
536.77 |
|
| Ending shares: |
713.34 |
|
| Dividends reinvested/share: |
$12.81 |
|
| Total return: |
213.73% |
|
| Average Annual Total Return: |
12.69% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$31,371.55 |
|
| Years: |
9.57 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
06/24/2011 |
|
| End date: |
01/15/2021 |
|
| Start price/share: |
$18.63 |
|
| End price/share: |
$43.98 |
|
| Dividends collected/share: |
$12.81 |
|
| Total return: |
204.86% |
|
| Average Annual Total Return: |
12.35% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$30,477.37 |
|
| Years: |
9.57 |
|
|
|
| Date |
Ratio |
| 06/11/2015 | 2 for 1 |
|
|
