Hindsight Market

The Graveyard › 2002

Conoco

COC · Oil Refining · NYSE · in our data August 16, 1999 to August 30, 2002 (3 years)

The first trading day in our data for Conoco is August 16, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 2, 2002, the market valued it at $18.5 billion. It left the market when it was bought or merged, last trading at $24.55, -23.2% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1999-082002-08
Peak market value$18.5 billionApril 2, 2002
Highest split-adjusted share price$31.98May 21, 2001
Last share price$24.55August 30, 2002
From its split-adjusted high to the end-23.2%
Return over the days in our data-0.3%with dividends, before the last trade
Worst single day-9.7%September 24, 2001

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 1999.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Oil Refining