Hindsight Market

The Graveyard › 1992

Grace Energy Corp

GEG · Oil & Gas · NYSE · in our data August 18, 1989 to June 26, 1992 (2.9 years)

The first trading day in our data for Grace Energy Corp is August 18, 1989 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 8, 1990, the market valued it at $611 million. It left the market without a crash, last trading at $18.94. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1989-081992-06
Peak market value$611 millionJanuary 8, 1990
Highest split-adjusted share price$24.88January 8, 1990
Last share price$18.94June 26, 1992
From its split-adjusted high to the end-23.9%
Return over the days in our data-15.8%with dividends, before the last trade
Worst single day-9.6%March 18, 1991

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 1989. How these numbers are made · Report a data issue.

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Also gone in 1992: Oil & Gas