Hindsight Market

The Graveyard › 1998

Quaker State

KSF · Oil Refining · NYSE · in our data January 2, 1968 to December 30, 1998 (31 years)

Our price history begins on January 2, 1968, and Quaker State was already trading then; how long before that, our data does not say. At its peak, on April 14, 1998, the market valued it at $853 million. It left the market without a crash, last trading at $12.75. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1968-011998-12
Peak market value$853 millionApril 14, 1998
Highest split-adjusted share price$23.04April 14, 1998
Last share price$12.75December 30, 1998
From its split-adjusted high to the end-44.7%
Return over the days in our data+744.5%with dividends, before the last trade
Worst single day-27.4%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.

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Also gone in 1998: Oil Refining