Hindsight Market

The Graveyard › 1999

Rutherford-moran Oil Corp

RMOC · Oil & Gas · NASDAQ · in our data June 21, 1996 to March 17, 1999 (2.7 years)

The first trading day in our data for Rutherford-moran Oil Corp is June 21, 1996 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 20, 1996, the market valued it at $781 million. It ended in a collapse: the last trade was $3.62, -88.1% from its split-adjusted high. The delisting record says: likely failure.

1996-061999-03
Peak market value$781 millionNovember 20, 1996
Highest split-adjusted share price$30.50November 20, 1996
Last share price$3.62March 17, 1999
From its split-adjusted high to the end-88.1%
Return over the days in our data-84.7%with dividends, before the last trade
Worst single day-31.8%November 12, 1998

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 1996.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Oil & Gas