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 Video: What is a Stock Split?
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| Southwestern Energy is a holding company. Through its subsidiaries, Co. is an independent energy company engaged in exploration, development and production activities, including the related marketing of natural gas, associated natural gas liquids (NGLs) and oil produced in its operations. Co.'s primary business is the exploration for and production of natural gas as well as associated NGLs and oil, with its ongoing operations focused on the development of unconventional natural gas reservoirs located in Pennsylvania, West Virginia, Ohio and Louisiana. Co.'s marketing activities market and transport natural gas, oil, and NGLs primarily produced in its exploration and production operations. According to our SWN split history records, Southwestern Energy has had 4 splits. | |
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Southwestern Energy (SWN) has 4 splits in our SWN split history database. The first split for SWN took place on August 06, 1993. This was a 3 for 1
split, meaning for each share of SWN owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. SWN's second split took place on June 06, 2005. This was a 2 for 1 split, meaning for each share of SWN owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. SWN's third split took place on November 18, 2005. This was a 2 for 1 split, meaning for each share of SWN owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. SWN's 4th split took place on March 26, 2008. This was a 2 for 1 split, meaning for each share of SWN owned pre-split, the shareholder now owned 2 shares. For example, a 12000 share position pre-split, became a 24000 share position following the split.
When a company such as Southwestern Energy 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 SWN split history from start to finish, an original position size of 1000 shares would have turned into 24000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Southwestern Energy shares, starting with a $10,000 purchase of SWN, presented on a split-history-adjusted basis factoring in the complete SWN split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/17/2014 |
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| End date: |
09/13/2024 |
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| Start price/share: |
$37.51 |
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| End price/share: |
$6.26 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-83.31% |
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| Average Annual Total Return: |
-16.40% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$1,668.31 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/06/1993 | 3 for 1
| | 06/06/2005 | 2 for 1 | | 11/18/2005 | 2 for 1 | | 03/26/2008 | 2 for 1 |
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