Hindsight Market

The Graveyard › 1999

Devon Energy

DVN · Oil & Gas · AMEX · in our data July 22, 1985 to August 17, 1999 (14.1 years)

The first trading day in our data for Devon Energy is July 22, 1985 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on August 13, 1999, the market valued it at $2.0 billion. It left the market when it was bought or merged, last trading at $40.88, -14.7% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1985-071999-08
Peak market value$2.0 billionAugust 13, 1999
Highest split-adjusted share price$47.92October 13, 1997
Last share price$40.88August 17, 1999
From its split-adjusted high to the end-14.7%
Return over the days in our data+276.6%with dividends, before the last trade
Worst single day-28.6%October 21, 1987

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 1985.

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Also gone in 1999: Oil & Gas