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 Video: What is a Stock Split?
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| Cabot Oil & Gas is an independent oil and gas company engaged in the development, exploitation, exploration and production of oil and gas properties. Co.'s assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs. Co. operates in one segment, natural gas development, exploitation, exploration and production, in the continental United States. Co.'s operations are primarily concentrated in one unconventional play—the Marcellus Shale in northeast Pennsylvania. Co.'s Marcellus Shale properties represent its primary operating area and are principally located in Susquehanna County, PA. According to our COG stock split history records, COG has had 4 splits. | |
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COG (COG) has 4 splits in our COG stock split history database. The first split for COG took place on April 01, 2005. This was a 3 for 2 split, meaning for each 2 shares of COG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. COG's second split took place on April 02, 2007. This was a 2 for 1 split, meaning for each share of COG owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. COG's third split took place on January 26, 2012. This was a 2 for 1 split, meaning for each share of COG 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. COG's 4th split took place on August 15, 2013. This was a 2 for 1 split, meaning for each share of COG 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.
When a company such as COG 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 COG stock split history from start to finish, an original position size of 1000 shares would have turned into 12000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into COG shares, starting with a $10,000 purchase of COG, presented on a split-history-adjusted basis factoring in the complete COG stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
10/01/2021 |
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| Start price/share: |
$29.02 |
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| End price/share: |
$22.25 |
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| Starting shares: |
344.59 |
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| Ending shares: |
373.80 |
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| Dividends reinvested/share: |
$1.65 |
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| Total return: |
-16.83% |
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| Average Annual Total Return: |
-2.71% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,319.67 |
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| Years: |
6.70 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
10/01/2021 |
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| Start price/share: |
$29.02 |
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| End price/share: |
$22.25 |
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| Dividends collected/share: |
$1.65 |
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| Total return: |
-17.64% |
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| Average Annual Total Return: |
-2.86% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$8,234.16 |
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| Years: |
6.70 |
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| Date |
Ratio |
| 04/01/2005 | 3 for 2 | | 04/02/2007 | 2 for 1 | | 01/26/2012 | 2 for 1 | | 08/15/2013 | 2 for 1 |
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