When a company such as SSE 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 SSE split history from start to finish, an original position size of 1000 shares would have turned into 1050 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SSE shares, starting with a $10,000 purchase of SSE, presented on a split-history-adjusted basis factoring in the complete SSE split history.

About SSE

Seventy Seven Energy is an oilfield services company that provides a range of wellsite services to U.S. land-based exploration and production customers operating in resource plays. Co.'s services include drilling, hydraulic fracturing, oilfield rentals, rig relocation and fluid handling and disposal. Co.'s operations are located across a range of oil and natural gas plays in the onshore U.S., including the Anadarko and Permian Basins and the Barnett, Eagle Ford, Haynesville, Marcellus, Niobrara and Utica Shales. Co. conducts its business through four operating segments: drilling, hydraulic fracturing, oilfield rentals and oilfield trucking. According to our SSE split history records, SSE has had 1 split.

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