Hindsight Market

The Graveyard › 1997

Noram Energy Corp

CNP2 · Utilities · NYSE · in our data January 2, 1968 to August 6, 1997 (29.6 years)

Our price history begins on January 2, 1968, and Noram Energy Corp was already trading then; how long before that, our data does not say. At its peak, on December 14, 1989, the market valued it at $2.4 billion. It left the market without a crash, last trading at $16.25. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-011997-08
Peak market value$2.4 billionDecember 14, 1989
Highest split-adjusted share price$20.15December 14, 1989
Last share price$16.25August 6, 1997
From its split-adjusted high to the end-19.3%
Return over the days in our data+860.7%with dividends, before the last trade
Worst single day-18.4%October 20, 1992

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

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Also gone in 1997: Utilities