|Free Dividend Report|
|NBL Dividend History|
|NBL Stock Split History|
|Preferred Stock Newsletter|
|NBL Options Chain|
|Stock Message Boards|
Noble Energy (NBL) has 3 splits in our Noble Energy stock split history database. The first split for NBL took place on September 15, 2005. This was a 2 for 1 split, meaning for each share of NBL owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. NBL's second split took place on May 29, 2013. This was a 2 for 1 split, meaning for each share of NBL owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. NBL's third split took place on June 17, 1987. This was a 11168 for 10000 split, meaning for each 10000 shares of NBL owned pre-split, the shareholder now owned 11168 shares. For example, a 4000 share position pre-split, became a 4467.2 share position following the split.
When a company such as Noble Energy 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 Noble Energy stock split history from start to finish, an original position size of 1000 shares would have turned into 4467.2 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Noble Energy shares, starting with a $10,000 purchase of NBL, presented on a split-history-adjusted basis factoring in the complete Noble Energy stock split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||-15.51%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-11.59%|
|About Noble Energy|
|Noble Energy is an independent energy company, engaged in crude oil and natural gas exploration and production. Co.'s operating areas include: United States onshore, primarily the DJ Basin, Delaware Basin; Eastern Mediterranean; and West Africa. Co.'s Midstream segment develops, owns, operates and acquires domestic midstream infrastructure assets, or invests in other midstream entities, with existing focus areas being the DJ and Delaware Basins. Co.'s activities include geophysical and geological evaluation, analysis of commercial, regulatory and political risks, and exploratory and development drilling leading to production, where appropriate. According to our Noble Energy stock split history records, Noble Energy has had 3 splits.|
|NBL Split History Table|
|09/15/2005||2 for 1|
|05/29/2013||2 for 1|
|06/17/1987||11168 for 10000|
|Energy Stock Splits|
|NBL 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: NBL shares outstanding history