From a review of SEC Filings , I found 22 Corps and Partnerships.....12 Oil & Gas and 10 Non-Oil & Gas.....headquartered in the State of Oklahoma which
generated Core, Ongoing Pretax Income or Pretax Loss of
at least $20 mil each in any of the first three years of the Obama
Administration (2009, 2010 or 2011), and which also 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 September 5, 2013 or was acquired in the past year.
The historical stock prices were obtained from the following two excellent internet resources..... Google Finance and MarketWatch Big Charts .
These 22 Oklahoma Companies had
their average stock prices increase by an off-the-charts 512% from
January 16, 2009 to September 5, 2013. This 512% increase is 5.4 times
the 95% increase
in the S&P 500 Index over the same time span.
The major contributors to this outsized stock market appreciation were Dollar Thrifty and GulfPort Energy. And more than half of these 22 Companies had at least triple-digit percentage increases.
The Oil & Gas industry doesn't seem to be so hot on the Obama Administration, but that is not consistent with what has happened in Oklahoma where the 12 largest Oil & Gas Corps and Partnerships have experienced an average stock market appreciation of 277% so far during the Obama Administration. And I would be surprised if this average stock market appreciation isn't above 400% for the Obama Administration's entire 8 year run. After all, US Energy Secretary Ernest Moniz is brilliant and also very savvy. He knows that if natural gas drilling is done in the best environmental and safe way, it will do both economic and national security wonders for the country.
The Oklahoma City Thunder dominate professional sports in Oklahoma, but Tulsa dominates in stock market appreciation. Of these 22 Oklahoma Corps and Partnerships, 12 of them are HQed in Tulsa and they achieved an average stock market appreciation so far during the Obama Administration of an incredible 735%. In comparison, 7 of them were HQed in Oklahoma City, achieving an average stock market appreciation of 267%, still a very impressive growth.
Below here are the common stock market closing prices of each of these
22 Oklahoma Corps and Partnerships at both the most recent date (September 5, 2013) and
also at the date
just before President Obama took office in his first term (Jan 16,
2009), as well as the percentage stock
market price changes for this period of time:
