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Video: What is a Stock Split?
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U.S. Energy is an independent energy company focused on the acquisition and development of oil and natural gas producing properties in the continental U.S. Co. participates in oil and natural gas projects as both a non-operating working interest owner through exploration and development agreements with various oil and natural gas exploration and production companies and as an operator. Co. owns working interests in a geographically and geologically portfolio of oil-weighted prospects in varying stages of exploration and development, including Williston Basin, ND, Permian Basin, NM, and Texas (Gulf Coast). According to our US Energy stock split history records, US Energy has had 2 splits. | |
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US Energy (USEG) has 2 splits in our US Energy stock split history database. The first split for USEG took place on June 22, 2016. This was a 1 for 6 reverse split, meaning for each 6 shares of USEG owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 166.666666666667 share position following the split. USEG's second split took place on January 06, 2020. This was a 1 for 10 reverse split, meaning for each 10 shares of USEG owned pre-split, the shareholder now owned 1 share. For example, a 166.666666666667 share position pre-split, became a 16.6666666666667 share position following the split.
When a company such as US Energy 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 US Energy stock split history from start to finish, an original position size of 1000 shares would have turned into 16.6666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into US Energy shares, starting with a $10,000 purchase of USEG, presented on a split-history-adjusted basis factoring in the complete US Energy stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$295.20 |
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End price/share: |
$1.08 |
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Starting shares: |
33.88 |
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Ending shares: |
35.49 |
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Dividends reinvested/share: |
$0.11 |
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Total return: |
-99.62% |
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Average Annual Total Return: |
-42.68% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$38.35 |
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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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$295.20 |
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End price/share: |
$1.08 |
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Dividends collected/share: |
$0.11 |
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Total return: |
-99.60% |
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Average Annual Total Return: |
-42.37% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$40.47 |
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Years: |
10.00 |
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Date |
Ratio |
06/22/2016 | 1 for 6 | 01/06/2020 | 1 for 10 |
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