Home |
Free Dividend Report |
Stock Splits Calendar |
KEG Stock Split History |
Preferred Stock Newsletter |
KEG Options Chain |
KEG Message Board |
KEG (KEG) has 2 splits in our KEG split history database. The first split for KEG took place on December 11, 1992. This was a 178 for 10000 reverse split, meaning for each 10000 shares of KEG owned pre-split, the shareholder now owned 178 shares. For example, a 1000 share position pre-split, became a 17.8 share position following the split. KEG's second split took place on December 16, 2016. This was a 1 for 200 reverse split, meaning for each 200 shares of KEG owned pre-split, the shareholder now owned 1 share. For example, a 17.8 share position pre-split, became a 0.089 share position following the split.
When a company such as KEG 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 KEG split history from start to finish, an original position size of 1000 shares would have turned into 0.089 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into KEG shares, starting with a $10,000 purchase of KEG, presented on a split-history-adjusted basis factoring in the complete KEG split history.
Growth of $10,000.00 Without Dividends Reinvested |
||
Start date: | 12/16/2014 | |
End date: | 11/27/2019 | |
Start price/share: | $210.00 | |
End price/share: | $0.27 | |
Dividends collected/share: | $0.00 | |
Total return: | -99.87% | |
Average Annual Total Return: | -73.93% | |
Starting investment: | $10,000.00 | |
Ending investment: | $12.87 | |
Years: | 4.95 |
About KEG |
Key Energy Services is an onshore, rig-based well servicing contractor. Co.'s business segments are: Rig Services, which includes the completion of newly drilled wells, workover and recompletion of existing oil and natural gas wells, well maintenance, and the plugging and abandonment of wells at the end of their useful lives; Fishing and Rental Services, which provides fishing services and rental equipment; Coiled Tubing Services, which involves the use of a continuous metal pipe spooled onto a reel to deploy into oil and natural gas wells to perform various applications; and Fluid Management Services, which provides transportation and well-site storage services for various fluids. According to our KEG split history records, KEG has had 2 splits. |
KEG Split History Table | |
Date | Ratio |
12/11/1992 | 178 for 10000 |
12/16/2016 | 1 for 200 |
Energy Stock Splits |
KEG is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:
KMI Split History Also explore: KEG shares outstanding history
Free KEG Email Alerts:
|
KEG 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.Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.3%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.3%.