Enron Stock Chart Over Time
Below is the full history of Enron’s stock chart, from 1998 to the end of 2001.
Enron Daily Stock Price history Excel data
See the full Enron daily stock price history from 1998 to its demise 2001 in Excel and PDF format.
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What was the Enron Ticker symbol?
Enron traded under the ticket symbol ENE exchange on the New York Stock Exchange. Later, Enron traded under ENRN when it traded on the NASDAQ.
What is the history of Enron’s stock chart?
Enron was originally called Northern Natural Gas Company, forming in 1930 just a few months after the great stock market crash of 1929. Northern (Enron’s) initial IPO was in 1947 on the NYSE. The Enron we know came to be named after various mergers and acquisitions in 1985, being officially renamed in 1986.
Enron’s initial stock market growth from 1990-1998 was 311% – about in line with the S&P 500’s growth. Then the story gets more interesting:
- From 1999 it increased 56% despite the S&P only increasing 20%
- In 2000, it increased 87% despite a 20% decline in the S&P. It hit it’s highest stock price this year at $90.75 per share.
- In 2001, the share price slowly tumbled. Despite some rallies, in hit a low of $0.25 per share on 30th November 2001.
Key moments in Enron’s stock chart history
- Extreme growth from December 1999 to January 2000 as Enron defies expectations. Enron is considered one of America’s most innovative companies
- August 23rd 2000: Despite the Dot Com bubble starting to burst, Enron powers on. The stock price hits a high of $90.75.
- April 17th 2001: The stock price receives a boost as Enron reports Q1 profits of $536 million.
- August 14th 2001: Jeffrey Skilling resigns, citing personal reasons. Kenneth Lay takes over as CEO and just a week later, sells 93k shares.
- September 26th 2001: The stock price receives another boost as Kenneth Lay reassures employees that Enron stock is a good buy. This, despite the fallout from 9/11.
- October 16th 2001: Enron reports a Q3 loss of $618. This, combined with an SEC investigation into Enron’s accounting practices just 6 days later starts a mass sell-off.
- 2nd December 2001: Enron files for bankruptcy.
What was Enron’s highest stock price?
Enron’s highest stock price shortly before its collapse was $90.75 on August 23rd 2000.
What was Enron’s lowest stock price?
Enron hit an intra-day low of $0.25 per share on November 30th 2001. This was shortly before their bankruptcy filing on December 2nd 2001 on complete collapse of the company.
How much is Enron’s stock worth today?
Enron stock is not worth anything today. However, Siemens Energy AG trades under ENRN, hence you will still find the stock under Enron’s original ticker.
Why the history of Enron’s stock chart matters
Actively picking stocks is still the most popular form of trading today. You can pick a great company on paper and be severely punished.
Back in the day, ‘diversification’ meant picking about 15-20 US stocks. That was considered a diversified portfolio.
Today, diversification is closer to 7,000 global stocks, that tracks an index. This is passive investing through index funds, and it helps to mitigate the risk.
When your portfolio is just 20 stocks, the risk is large. Any investment where there is a possibility you can be ‘wiped out’ – no matter how small the risk – is not worth investing in.
Wouldn’t you be invested in Enron through passive investing?
Yes, but your exposure would be orders of magnitude lower. If one of your 7,000 stocks goes bust, it is but a blip on your portfolio chart.
Learn more about passive investing with our passive investing guide.