Several of the 57 Companies are legally foreign corporations but with substantial operations in Texas.
The historical stock prices were obtained from the following two excellent internet resources..... Google Finance and MarketWatch Big Charts .
These 57 Texas Oil & Gas Companies had their average stock prices increase by a very impressive 170% from January 16, 2009 to September 6, 2013. This 170% increase is 1.8 times the 95% increase in the S&P 500 Index over the same time span.
More than half of these 57 Texas Oil & Gas 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 Texas where the 57 largest Oil & Gas Companies have experienced an average stock market price appreciation of 170% so far during the Obama Administration or in Oklahoma where the 12 largest Oil & Gas Companies have experienced an average stock market price appreciation of an even higher 277% so far during the Obama Administration.
I would be surprised if this average stock market price appreciation for these 57 Texas Oil & Gas Companies isn't above 300% for the Obama Administration's entire 8 year run. After all, US Energy Secretary Ernest Moniz is extremely bright and also very savvy. He strongly favors Green Energy but he also knows that US technological advances in getting to oil and gas have been just spectacular in recent years and he also understands that if US natural gas drilling is done in the best environmental and safe way, it will do both economic and national security wonders for the country.
Of these 57 Texas Oil & Gas Companies, 41 of them were HQed in the Houston Area and experienced an average stock market price increase of 168% so far during the Obama Administration. In comparison, 10 of them were HQed in the Dallas Area and experienced a bit higher 189% average.
Below here are the common stock market closing prices of each of these 57 Texas Oil & Gas Companies at both the most recent date (September 6 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:
Market | Market | Percentage | ||
Texas | Price | Price | Increase | |
HQs | 9-6-13 | 1-16-09 | (Decrease) | |
Texas Oil & Gas Companies | ||||
Pioneer Natural Resources | Irving | $180.86 | $16.11 | 1023% |
CVR Energy | Sugar Land | $42.44 | $4.71 | 801% |
Targa Resources Partners | Houston | $49.19 | $7.89 | 523% |
Cabot Oil & Gas | Houston | $38.74 | $6.26 | 519% |
Oceaneering Intl | Houston | $81.03 | $14.77 | 449% |
Oil States Intl | Houston | $95.28 | $19.51 | 388% |
Core Labs NV | Houston | $156.93 | $33.93 | 363% |
Concho Resources | Midland | $99.84 | $22.11 | 352% |
FMC Technologies | Houston | $54.71 | $13.12 | 317% |
Helix Energy Solutions | Houston | $25.81 | $6.56 | 293% |
HollyFrontier | Dallas | $43.69 | $11.42 | 283% |
Energy Transfer Equity LP | Dallas | $63.51 | $17.06 | 272% |
Atwood Oceanics | Houston | $56.05 | $15.22 | 268% |
National Oilwell Varco | Houston | $78.01 | $24.25 | 222% |
Southern Union | Dallas | $41.10 | $13.44 | 206% |
Tesoro | San Antonio | $46.78 | $15.91 | 194% |
Western Refining | El Paso | $29.03 | $10.04 | 189% |
Halliburton | Houston | $49.54 | $17.74 | 179% |
Rowan Companies | Houston | $37.26 | $13.81 | 170% |
Noble Energy | Houston | $62.91 | $23.40 | 169% |
Plains All American Pipeline LP | Houston | $50.47 | $18.89 | 167% |
Enterprise Products Partners | Houston | $58.65 | $22.00 | 167% |
Cameron Intl | Houston | $58.40 | $22.58 | 159% |
EOG Resources | Houston | $161.72 | $63.73 | 154% |
Anadarko Petroleum | The Woodlands | $93.01 | $37.48 | 148% |
El Paso Pipeline Partners | Houston | $41.00 | $16.65 | 146% |
Plains Exploration & Production | Houston | $48.90 | $20.80 | 135% |
Spectra Energy | Houston | $32.79 | $14.78 | 122% |
Schlumberger | Houston | $85.14 | $39.90 | 113% |
Marathon Oil | Houston | $35.69 | $17.28 | 107% |
Enbridge Energy Partners | Houston | $29.94 | $14.52 | 106% |
Key Energy Services | Houston | $7.87 | $3.82 | 106% |
Patterson UTI | Snyder | $19.83 | $10.15 | 95% |
ConocoPhillips | Houston | $68.20 | $37.64 | 81% |
Noble Corp | Houston | $39.00 | $21.61 | 80% |
Buckeye Partners | Houston | $66.37 | $37.06 | 79% |
Valero Energy | San Antonio | $36.76 | $21.95 | 67% |
Kinder Morgan Energy Partners | Houston | $80.19 | $48.20 | 66% |
Denbury Resources | Plano | $17.66 | $10.76 | 64% |
Atmos Energy | Dallas | $39.49 | $24.43 | 62% |
Baker Hughes | Houston | $48.99 | $31.88 | 54% |
Linn Energy | Houston | $24.25 | $15.98 | 52% |
Weatherford Intl | Houston | $15.49 | $10.77 | 44% |
Boardwalk Pipeline Partners | Houston | $29.63 | $20.72 | 43% |
Nabor Industries | Houston | $15.96 | $11.29 | 41% |
Energy Transfer Partners | Dallas | $50.79 | $35.95 | 41% |
Southwestern Energy | Houston | $37.63 | $28.60 | 32% |
Newfield Exploration | The Woodlands | $23.86 | $19.99 | 19% |
W&T Offshore | Houston | $16.38 | $13.90 | 18% |
Apache | Houston | $86.51 | $74.49 | 16% |
Exxon Mobil | Irving | $87.25 | $78.10 | 12% |
Diamond Offshore | Houston | $64.33 | $57.97 | 11% |
Alon USA Energy | Dallas | $12.18 | $11.42 | 7% |
Transocean Ltd | Houston | $46.47 | $50.09 | -7% |
NuStar Energy LP | San Antonio | $41.11 | $45.26 | -9% |
Ultra Petroleum | Houston | $20.36 | $34.64 | -41% |
Quicksilver Resources | Fort Worth | $1.68 | $6.65 | -75% |
Average Increase: all 57 Oil & Gas Companies | 170% |