Hindsight Market

The Graveyard › 1997

Txu Gas Co

TXU2 · Utilities · NYSE · in our data January 2, 1968 to August 5, 1997 (29.6 years)

Our price history begins on January 2, 1968, and Txu Gas Co was already trading then; how long before that, our data does not say. At its peak, on November 26, 1980, the market valued it at $2.0 billion. It left the market without a crash, last trading at $19.75. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1968-011997-08
Peak market value$2.0 billionNovember 26, 1980
Highest split-adjusted share price$24.01January 10, 1997
Last share price$19.75August 5, 1997
From its split-adjusted high to the end-17.8%
Return over the days in our data+572.5%with dividends, before the last trade
Worst single day-23.4%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 1997: Utilities