|Free Dividend Report|
|Stock Splits Calendar|
|MPO Stock Split History|
|Preferred Stock Newsletter|
|MPO Options Chain|
|Stock Message Boards|
MPO (MPO) has 1 split in our MPO split history database. The split for MPO took place on August 04, 2015. This was a 1 for 10 reverse split, meaning for each 10 shares of MPO owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as MPO 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 MPO split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MPO shares, starting with a $10,000 purchase of MPO, presented on a split-history-adjusted basis factoring in the complete MPO split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-41.39%|
|Amplify Energy is a holding company. Through its wholly-owned subsidiary, Midstates Petroleum Company LLC, Co. is an independent exploration and production company focused on the application of drilling, completion and production operations techniques in oil and liquids basins in the onshore U.S. Co.'s operations are focused on exploration and production activities in the Mississippian Lime. Co.'s Mississippian Lime assets are located in Oklahoma and target the Mississippian Lime formation. According to our MPO split history records, MPO has had 1 split.|
|MPO Split History Table|
|08/04/2015||1 for 10|
|Energy Stock Splits|
|MPO is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: MPO shares outstanding history