Hindsight Market

The Graveyard › 1985

Adobe Oil & Gas Corp

AOI · Unknown · AMEX · in our data November 26, 1973 to October 31, 1985 (11.9 years)

The first trading day in our data for Adobe Oil & Gas Corp is November 26, 1973 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on August 5, 1981, the market valued it at $674 million. By the end it had fallen hard: the last trade was $17.75, -60.1% from its split-adjusted high. Our data does not say why it stopped trading.

1973-111985-10
Peak market value$674 millionAugust 5, 1981
Highest split-adjusted share price$44.49November 25, 1980
Last share price$17.75October 31, 1985
From its split-adjusted high to the end-60.1%
Return over the days in our data+237.0%with dividends, before the last trade
Worst single day-12.3%July 8, 1974

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 1973. How these numbers are made · Report a data issue.

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Also gone in 1985: Unknown