These 17 Largest Louisiana Corps filing with the SEC generated Externally Audited US GAAP Total After-tax Net Income from Continuing Operations of $986 mil in the most recent fiscal year 2011, which was a 94% profit improvement as compared with the Total After-tax Net Income of $508 mil of these same 17 Louisiana companies just three years earlier in 2008, the last year of the Bush/Cheney Administration.
Louisiana Corp 2011 Earnings
Since corporate earnings drive stock prices, in this post I turn my attention to just how well the stock market prices of these Louisiana Corps have performed since President Obama took office.
Of these 17 Louisiana Corps, 15 of them had their common stock trading on both January 16, 2009, which is the last day stocks traded before President Obama took office, and also on yesterday Monday, October 22, 2012.
I retrieved all of the below stock market closing price information from the excellent Big Charts.com website.
These 15 Louisiana Corps had an average stock market price increase of 68% since President Obama took office on January 20, 2009. This is higher than the 61% increase in the Dow Industrials Index, but just a shade lower than the 69% increase in the S&P 500 Index, both during the same time span.
Louisiana citizens have to be satisfied with the stock market performance of their Louisiana companies during the Obama Administration.
And Louisiana citizens also must be pleased with how the Obama Administration worked so hard and very effectively on so many fronts to create a US economic environment that permitted these Louisiana companies to flourish. This highly successful effort created a robust US economic environment which was quite a change from what existed in the just horrible financial meltdown, near Depression year of 2008.
Below here are the common stock market closing prices of each of these 15 Louisiana companies at both the most recent date, and also at the date just before President Obama took office, as well as the percentage stock market price changes for this period of time.
| Market | Market | Percentage | ||
| Louisiana | Price | Price | Increase | |
| HQs | 10-22-12 | 1-16-09 | (Decrease) | |
| S&P 500 Index | 1,433.82 | 850.12 | 69% | |
| Dow Industrials Index | 13,345.89 | 8,281.22 | 61% | |
| Louisiana Largest Corps | ||||
| Lamar Advertising | $39.42 | $11.81 | 234% | |
| Pool | $42.17 | $16.11 | 162% | |
| Albemarle | $56.18 | $22.63 | 148% | |
| Stone Energy | $23.62 | $10.31 | 129% | |
| H&E Equipment Services | $14.59 | $6.98 | 109% | |
| Hornbeck Offshore Services | $34.65 | $17.17 | 102% | |
| Shaw Group | $43.50 | $29.01 | 50% | |
| CenturyLink | $38.56 | $27.16 | 42% | |
| Amerisafe | $26.10 | $19.60 | 33% | |
| Superior Energy Services | $20.41 | $16.08 | 27% | |
| McMoRan Exploration | $11.55 | $9.18 | 26% | |
| Tidewater | $47.14 | $38.51 | 22% | |
| Iberiabank | $44.98 | $40.79 | 10% | |
| Petroquest Energy | $6.31 | $6.16 | 2% | |
| Amedisys | $11.75 | $44.32 | -73% | |
| Average Increase: All 15 Louisiana Largest Corps | 68% | |||
| S&P 500 Index | 1,433.82 | 850.12 | 69% | |
| Dow Industrials Index | 13,345.89 | 8,281.22 | 61% |
