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Meridian Resource Corp

TMR · Oil & Gas · NYSE · in our data November 26, 1985 to May 13, 2010 (24.5 years)

The first trading day in our data for Meridian Resource Corp is November 26, 1985 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 1, 2004, the market valued it at $709 million. It ended in a collapse: the last trade was $0.33, -99.1% from its split-adjusted high. The delisting record says: merged or acquired.

1985-112010-05
Peak market value$709 millionOctober 1, 2004
Highest split-adjusted share price$34.31November 29, 1985
Last share price$0.33May 13, 2010
From its split-adjusted high to the end-99.1%
Return over the days in our data-99.1%with dividends, before the last trade
Worst single day-39.6%October 31, 2002

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 2010: Oil & Gas