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 Video: What is a Stock Split?
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| ONEOK Partners is engaged in the gathering, processing, storage and transportation of natural gas. Co. has three reportable business segments: Natural Gas Gathering and Processing, which provides nondiscretionary services to crude oil and natural gas producers that include the gathering and processing of natural gas produced from crude oil and natural gas wells; Natural Gas Liquids, which owns and operates facilities that gather, fractionate, treat and distribute natural gas liquid (NGLs) and store NGL products; and Natural Gas Pipelines, which provides transportation and storage services to end users through its wholly owned assets and its 50.0% ownership in Northern Border Pipeline. According to our OKS split history records, OKS has had 1 split. | |
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OKS (OKS) has 1 split in our OKS split history database. The split for OKS took place on July 13, 2011. This was a 2 for 1 split, meaning for each share of OKS 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 OKS 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 OKS 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 OKS shares, starting with a $10,000 purchase of OKS, presented on a split-history-adjusted basis factoring in the complete OKS split history.
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| Date |
Ratio |
| 07/13/2011 | 2 for 1 |
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