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 Video: What is a Stock Split?
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| APA Corporation is an independent energy company. Co. owns subsidiaries that explore for and produce oil and natural gas in the U.S., Egypt, and the United Kingdom, and that explore for oil and natural gas offshore Suriname. Co.'s upstream business has oil and gas operations in three geographic areas: the U.S., Egypt and offshore the United Kingdom in the North Sea (North Sea). It also has active exploration and appraisal operations ongoing in Suriname, as well as interests in Uruguay and other international locations. It maintains a diversified asset portfolio, including conventional and unconventional, onshore and offshore, oil and natural gas exploration and production interests. According to our APA stock split history records, APA has had 3 splits. | |
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APA (APA) has 3 splits in our APA stock split history database. The first split for APA took place on December 27, 2001. This was a 11 for 10 split, meaning for each 10 shares of APA owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. APA's second split took place on March 10, 2003. This was a 105 for 100 split, meaning for each 100 shares of APA owned pre-split, the shareholder now owned 105 shares. For example, a 1100 share position pre-split, became a 1155 share position following the split. APA's third split took place on January 15, 2004. This was a 2 for 1 split, meaning for each share of APA owned pre-split, the shareholder now owned 2 shares. For example, a 1155 share position pre-split, became a 2310 share position following the split.
When a company such as APA 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 APA stock split history from start to finish, an original position size of 1000 shares would have turned into 2310 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into APA shares, starting with a $10,000 purchase of APA, presented on a split-history-adjusted basis factoring in the complete APA stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/12/2014 |
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| End date: |
12/10/2024 |
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| Start price/share: |
$56.44 |
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| End price/share: |
$22.26 |
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| Starting shares: |
177.18 |
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| Ending shares: |
219.52 |
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| Dividends reinvested/share: |
$8.09 |
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| Total return: |
-51.13% |
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| Average Annual Total Return: |
-6.91% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$4,885.91 |
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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: |
12/12/2014 |
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| End date: |
12/10/2024 |
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| Start price/share: |
$56.44 |
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| End price/share: |
$22.26 |
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| Dividends collected/share: |
$8.09 |
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| Total return: |
-46.23% |
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| Average Annual Total Return: |
-6.01% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,379.51 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 12/27/2001 | 11 for 10 | | 03/10/2003 | 105 for 100 | | 01/15/2004 | 2 for 1 |
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