Hindsight Market

The Graveyard › 2002

Pure Resources Inc

PRS · Oil & Gas · NYSE · in our data May 26, 2000 to October 30, 2002 (2.4 years)

The first trading day in our data for Pure Resources Inc is May 26, 2000 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 5, 2001, the market valued it at $1.3 billion. It left the market without a crash, last trading at $20.58. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

2000-052002-10
Peak market value$1.3 billionJune 5, 2001
Highest split-adjusted share price$25.30June 5, 2001
Last share price$20.58October 30, 2002
From its split-adjusted high to the end-18.7%
Return over the days in our data+39.5%with dividends, before the last trade
Worst single day-8.4%June 29, 2001

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 2000.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Oil & Gas