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Video: What is a Stock Split?
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PVR Partners engages in the gathering and processing of natural gas and the management of coal and natural resource properties. Co. has three segments: Eastern Midstream, which provides natural gas gathering and related services in Pennsylvania and West Virginia; Midcontinent Midstream, which provides natural gas processing, gathering services and other related services; and Coal and Natural Resource Management, which involves the management and leasing of coal properties and the collection of royalties. At Dec 31 2012, Co. owned or controlled approximately 871.0 million tons of proven and probable coal reserves in Central and Northern Appalachia, the Illinois Basin and the San Juan Basin. According to our PVR split history records, PVR has had 1 split. | |
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PVR (PVR) has 1 split in our PVR split history database. The split for PVR took place on April 05, 2006. This was a 2 for 1 split, meaning for each share of PVR 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 PVR 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 PVR 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 PVR shares, starting with a $10,000 purchase of PVR, presented on a split-history-adjusted basis factoring in the complete PVR split history.
PVR -- use the split history when considering split-adjusted past price performance. |
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Date |
Ratio |
04/05/2006 | 2 for 1 |
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