Split History
ETFs Holding TGC »    TGC Historical Stock Prices »



Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Tengasco is engaged in the business of exploration for and production of oil and natural gas. Co.'s primary area of exploration and production is in Kansas. According to our TGC split history records, TGC has had 2 splits.
TGC split history picture
TGC (TGC) has 2 splits in our TGC split history database. The first split for TGC took place on August 30, 2001. This was a 105 for 100 split, meaning for each 100 shares of TGC owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split. TGC's second split took place on March 24, 2016. This was a 1 for 10 reverse split, meaning for each 10 shares of TGC owned pre-split, the shareholder now owned 1 share. For example, a 1050 share position pre-split, became a 105 share position following the split.

When a company such as TGC 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. When a company such as TGC conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the TGC split history from start to finish, an original position size of 1000 shares would have turned into 105 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TGC shares, starting with a $10,000 purchase of TGC, presented on a split-history-adjusted basis factoring in the complete TGC split history. TGC split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/01/2014
End date: 02/26/2021
Start price/share: $4.80
End price/share: $2.47
Dividends collected/share: $0.00
Total return: -48.54%
Average Annual Total Return: -9.16%
Starting investment: $10,000.00
Ending investment: $5,147.52
Years: 6.91
Date Ratio
08/30/2001105 for 100
03/24/20161 for 10
TGC is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:

TGE Split History
TISI Split History
TK Split History
TLM Split History
TNK Split History
TNP Split History
TOPS Split History
TOT Split History
TPLM Split History
TRB Split History

Email EnvelopeFree TGC Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

NRx Pharmaceuticals, Inc. (NRXP)
Tritium DCFC Limited (DCFC)
Pluri Inc. (PLUR)
Rent the Runway, Inc. (RENT)
Castor Maritime Inc. (CTRM)
ETAO International Co., Ltd. (ETAO)
Aterian, Inc. (ATER)
Chipotle Mexican Grill, Inc. (CMG)
Moleculin Biotech, Inc. (MBRX)
Longeveron Inc. (LGVN)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

TGC Insider Buying

TGC Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.