Split History
MR split history picture
MR (MR) has 2 splits in our MR split history database. The first split for MR took place on July 15, 1997. This was a 1 for 6 reverse split, meaning for each 6 shares of MR 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. MR's second split took place on March 01, 2019. This was a 1 for 15 reverse split, meaning for each 15 shares of MR owned pre-split, the shareholder now owned 1 share. For example, a 166.666666666667 share position pre-split, became a 11.1111111111111 share position following the split.

When a company such as MR 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 MR split history from start to finish, an original position size of 1000 shares would have turned into 11.1111111111111 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MR shares, starting with a $10,000 purchase of MR, presented on a split-history-adjusted basis factoring in the complete MR split history. MR split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 06/23/2014
End date: 11/13/2020
Start price/share: $378.90
End price/share: $5.36
Dividends collected/share: $0.00
Total return: -98.59%
Average Annual Total Return: -48.61%
Starting investment: $10,000.00
Ending investment: $141.39
Years: 6.40
Montage Resource is an independent exploration and production company engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. Co.'s properties include Utica Shale fairway and Marcellus Area. Co. is the operator of the Utica Core Area and its Marcellus Area. Co.'s subsidiary, Magnum Hunter Production, Inc., owns certain oil and gas properties, primarily in Kentucky, including interests in certain drilling partnerships. According to our MR split history records, MR has had 2 splits.
Date Ratio
07/15/19971 for 6
03/01/20191 for 15
MR is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:

MRK Split History
MRNS Split History
MSON Split History
MTEM Split History
MYG Split History
MYGN Split History
MYL Split History
MYO Split History
NAOV Split History
NAVB Split History

Email EnvelopeFree MR Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

NRx Pharmaceuticals, Inc. (NRXP)
Tritium DCFC Limited (DCFC)
Pluri Inc. (PLUR)
Rent the Runway, Inc. (RENT)
Castor Maritime Inc. (CTRM)
ETAO International Co., Ltd. (ETAO)
Aterian, Inc. (ATER)
Chipotle Mexican Grill, Inc. (CMG)
Moleculin Biotech, Inc. (MBRX)
Longeveron Inc. (LGVN)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

MR Insider Buying

MR 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.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.