Hindsight Market

The Graveyard › 1999

Pennzoil

PZE · Oil & Gas · NYSE · in our data January 2, 1968 to August 17, 1999 (31.6 years)

Our price history begins on January 2, 1968, and Pennzoil was already trading then; how long before that, our data does not say. At its peak, on October 6, 1997, the market valued it at $3.9 billion. It left the market when it was bought or merged, last trading at $17.50, -58.1% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1968-011999-08
Peak market value$3.9 billionOctober 6, 1997
Highest split-adjusted share price$41.80October 6, 1997
Last share price$17.50August 17, 1999
From its split-adjusted high to the end-58.1%
Return over the days in our data+528.9%with dividends, before the last trade
Worst single day-20.7%October 19, 1987

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 1999: Oil & Gas