Hindsight Market

The Graveyard › 1995

El Paso Electric Co

EE · Utilities · NASDAQ · in our data December 14, 1972 to June 21, 1995 (22.5 years)

Our price history begins on December 14, 1972, and El Paso Electric Co was already trading then; how long before that, our data does not say. At its peak, on February 4, 1987, the market valued it at $763 million. It ended in a collapse: the last trade was $1.00, -94.2% from its split-adjusted high. The delisting record says: likely failure.

1972-121995-06
Peak market value$763 millionFebruary 4, 1987
Highest split-adjusted share price$17.33February 4, 1987
Last share price$1.00June 21, 1995
From its split-adjusted high to the end-94.2%
Return over the days in our data-69.7%with dividends, before the last trade
Worst single day-32.6%June 9, 1995

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 1972.

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Also gone in 1995: Utilities