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 Video: What is a Stock Split?
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| Marathon Oil is an independent exploration and production company focused on U.S. resource plays: Eagle Ford, Bakken, Sooner Trend (oil field), Anadarko (basin), Canadian (and) Kingfisher (counties) and South Central Oklahoma Oil Province in Oklahoma and Northern Delaware in New Mexico. Co.'s segments are: United States, which explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in the U.S.; and International, which produces and markets crude oil and condensate, NGLs and natural gas outside of the U.S. as well as produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol, in Equatorial Guinea. According to our MRO split history records, Marathon Oil has had 4 splits. | |
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Marathon Oil (MRO) has 4 splits in our MRO split history database. The first split for MRO took place on June 19, 2007. This was a 2 for 1 split, meaning for each share of MRO 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. MRO's second split took place on May 07, 1991. This was a 6 for 5 split, meaning for each 5 shares of MRO owned pre-split, the shareholder now owned 6 shares. For example, a 2000 share position pre-split, became a 2400 share position following the split. MRO's third split took place on July 01, 2011. This was a 10000 for 5965 split, meaning for each 5965 shares of MRO owned pre-split, the shareholder now owned 10000 shares. For example, a 2400 share position pre-split, became a 4023.47024308466 share position following the split. MRO's 4th split took place on June 02, 1976. This was a 3 for 2 split, meaning for each 2 shares of MRO owned pre-split, the shareholder now owned 3 shares. For example, a 4023.47024308466 share position pre-split, became a 6035.20536462699 share position following the split.
When a company such as Marathon Oil 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 MRO split history from start to finish, an original position size of 1000 shares would have turned into 6035.20536462699 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Marathon Oil shares, starting with a $10,000 purchase of MRO, presented on a split-history-adjusted basis factoring in the complete MRO split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
05/29/2013 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$35.46 |
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| End price/share: |
$23.26 |
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| Starting shares: |
282.01 |
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| Ending shares: |
332.85 |
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| Dividends reinvested/share: |
$3.44 |
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| Total return: |
-22.58% |
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| Average Annual Total Return: |
-2.53% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,739.99 |
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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: |
05/29/2013 |
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| End date: |
05/26/2023 |
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| Start price/share: |
$35.46 |
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| End price/share: |
$23.26 |
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| Dividends collected/share: |
$3.44 |
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| Total return: |
-24.70% |
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| Average Annual Total Return: |
-2.80% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$7,528.29 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/19/2007 | 2 for 1 | | 05/07/1991 | 6 for 5 | | 07/01/2011 | 10000 for 5965 | | 06/02/1976 | 3 for 2 |
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