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 Video: What is a Stock Split?
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| Plains All American Pipeline, L.P. is a North American midstream service provider with a network of pipeline transportation, terminalling, storage, and gathering assets in key crude oil and natural gas liquids (NGL) producing basins, including the Permian Basin, and major market hubs in the U.S. and Canada. It operates in two segments: Crude Oil and NGL. The Crude Oil segment focuses on gathering and transporting crude oil via pipelines, gathering systems, trucks, barges, or railcars, and providing terminalling and storage services. The NGL segment handles natural gas processing, NGL fractionation, storage, transportation, and terminalling services for third-party customers. According to our PAA split history records, Plains All American Pipeline LP has had 1 split. | |
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Plains All American Pipeline LP (PAA) has 1 split in our PAA split history database. The split for PAA took place on October 02, 2012. This was a 2 for 1 split, meaning for each share of PAA 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 Plains All American Pipeline LP 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 PAA 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 Plains All American Pipeline LP shares, starting with a $10,000 purchase of PAA, presented on a split-history-adjusted basis factoring in the complete PAA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
02/12/2015 |
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| End date: |
02/10/2025 |
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| Start price/share: |
$51.32 |
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| End price/share: |
$19.75 |
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| Starting shares: |
194.86 |
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| Ending shares: |
417.77 |
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| Dividends reinvested/share: |
$14.44 |
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| Total return: |
-17.49% |
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| Average Annual Total Return: |
-1.90% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,254.05 |
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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: |
02/12/2015 |
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| End date: |
02/10/2025 |
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| Start price/share: |
$51.32 |
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| End price/share: |
$19.75 |
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| Dividends collected/share: |
$14.44 |
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| Total return: |
-33.38% |
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| Average Annual Total Return: |
-3.98% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,661.45 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 10/02/2012 | 2 for 1 |
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