Hindsight Market

The Graveyard › 1985

Houston Pipe Line Co

ENRNQ1 · Unknown · NYSE · in our data June 21, 1968 to July 16, 1985 (17.1 years)

The first trading day in our data for Houston Pipe Line Co is June 21, 1968 (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 $2.5 billion. It left the market without a crash, last trading at $70.00. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-061985-07
Peak market value$2.5 billionNovember 28, 1980
Highest split-adjusted share price$70.00July 16, 1985
Last share price$70.00July 16, 1985
From its split-adjusted high to the end0.0%
Return over the days in our data+1073.9%with dividends, before the last trade
Worst single day-17.6%February 14, 1984

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 1968.

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Also gone in 1985: Unknown