Split History
PNG split history picture
PNG (PNG) has 2 splits in our PNG split history database. The first split for PNG took place on March 10, 1997. This was a 3 for 2 split, meaning for each 2 shares of PNG owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. PNG's second split took place on May 10, 2002. This was a 3 for 2 split, meaning for each 2 shares of PNG owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.

When a company such as PNG splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the PNG split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PNG shares, starting with a $10,000 purchase of PNG, presented on a split-history-adjusted basis factoring in the complete PNG split history. PNG split adjusted history picture
PNG -- use the split history when considering split-adjusted past price performance.

PAA Natural Gas Storage is engaged in the ownership, acquisition, development, operation and commercial management of natural gas storage facilities. Co. also leases storage capacity and pipeline transportation capacity from third parties. Co. provides natural gas storage services to local gas distribution companies, electric utilities, pipelines, direct industrial users, electric power generators, marketers, producers, liquefied natural gas exporters and affiliates of such entities. Co.'s operations are conducted directly and indirectly through its primary operating subsidiaries. Co.'s storage rates are regulated under Federal Energy Regulatory Commission rate-making policies. According to our PNG split history records, PNG has had 2 splits.
Date Ratio
03/10/19973 for 2
05/10/20023 for 2
PNG is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:

PNN Split History
PQ Split History
PRD Split History
PSTR Split History
PTA Split History
PTEN Split History
PVA Split History
PVR Split History
REI Split History
REN Split History

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