The Graveyard › 1985

Energy Reserves Group

ERGS · Unknown · NASDAQ · in our data June 7, 1973 to January 4, 1985 (11.6 years)

The first trading day in our data for Energy Reserves Group is June 7, 1973 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 28, 1980, the market valued it at $1.0 billion. By the end it had fallen hard: the last trade was $6.16, -70.8% from its split-adjusted high. Our data does not say why it stopped trading.

1973-061985-01

Peak market value$1.0 billionNovember 28, 1980

Highest split-adjusted share price$21.06November 28, 1980

Last share price$6.16January 4, 1985

From its split-adjusted high to the end-70.8%

Return over the days in our data+313.9%with dividends, before the last trade

Worst single day-20.7%June 22, 1973

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.

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Also gone in 1985: Unknown

Shell Oil peaked at $19.8 billion
General Foods Corp peaked at $5.6 billion
Signal Companies peaked at $4.9 billion
Nabisco Brands peaked at $4.8 billion
Canadian Pacific Enterprises peaked at $3.9 billion
American Hospital Supply peaked at $3.7 billion