EQU Split History

EQU (EQU) has 1 split in our EQU split history database. The split for EQU took place on June 01, 2010. This was a 1 for 3 reverse split, meaning for each 3 shares of EQU owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split.

When a company such as EQU 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 EQU split history from start to finish, an original position size of 1000 shares would have turned into 333.333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EQU shares, starting with a $10,000 purchase of EQU, presented on a split-history-adjusted basis factoring in the complete EQU split history.

Growth of $10,000.00 With Dividends Reinvested
Start date:	06/11/2013
End date:	07/29/2014
Start price/share:	$3.70
End price/share:	$5.45
Starting shares:	2,702.70
Ending shares:	2,784.55
Dividends reinvested/share:	$0.15
Total return:	51.76%
Average Annual Total Return:	44.58%
Starting investment:	$10,000.00
Ending investment:	$15,176.22
Years:	1.13

Growth of $10,000.00 Without Dividends Reinvested
Start date:	06/11/2013
End date:	07/29/2014
Start price/share:	$3.70
End price/share:	$5.45
Dividends collected/share:	$0.15
Total return:	51.35%
Average Annual Total Return:	44.23%
Starting investment:	$10,000.00
Ending investment:	$15,134.65
Years:	1.13

About EQU

Equal Energy is an exploration and production oil and gas company. Co. is engaged in the exploration for, and acquisition development and production of, petroleum and natural gas with operations in Oklahoma. As of Dec 31 2013, Co. had total proved of 24.3 million barrels of oil equivalent consisting of proved crude oil of 0.3 million barrels (MMbbls), proved natural gas liquids of 12.9 Mbbls and proved natural gas of 66.4 billion cubic feet. According to our EQU split history records, EQU has had 1 split.