Wednesday, November 6, 2013

Texas Oil & Gas Corps and Partnerships Stock Market Prices Up 178% Since President Obama Took Office

From a review of SEC filings, I found 57 Oil & Gas Corps and Partnerships headquartered in the State of Texas which generated Core, Ongoing Pretax Income or Pretax Loss of at least $200 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 today November 6, 2013 or were acquired in either 2012 or 2013.

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 178% from January 16, 2009 to November 6, 2013.  This 178% increase is 1.65 times the 108% increase in the S&P 500 Index over the same time span.

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 178% 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 substantially higher percentage 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.

Below here are the common stock market closing prices of each of these 57 Texas Oil & Gas Companies at both today (November 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 11-6-13 1-16-09 (Decrease)
Texas Oil and Gas Corps and Partnerships







Pioneer Natural Resources Irving $198.55 $16.11 1132%
CVR Energy Sugar Land $34.24 $4.71 627%
Targa Resources Partners Houston $50.63 $7.89 542%
Oceaneering Intl Houston $85.91 $14.77 482%
Core Labs NV Houston $187.61 $33.93 453%
Oil States Intl Houston $107.84 $19.51 453%
Cabot Oil & Gas Houston $33.89 $6.26 441%
Concho Resources Midland $106.88 $22.11 383%
Energy Transfer Equity LP Dallas $68.85 $17.06 304%
FMC Technologies Houston $50.26 $13.12 283%
HollyFrontier Dallas $43.43 $11.42 280%
Atwood Oceanics Houston $54.20 $15.22 256%
Helix Energy Solutions Houston $22.80 $6.56 248%
National Oilwell Varco Houston $81.40 $24.25 236%
Noble Energy Houston $74.59 $23.40 219%
Western Refining El Paso $31.94 $10.04 218%
Halliburton Houston $54.40 $17.74 207%
Southern Union Dallas $41.10 $13.44 206%
Tesoro San Antonio $47.44 $15.91 198%
Enterprise Products Partners Houston $62.84 $22.00 186%
Plains All American Pipeline LP Houston $52.37 $18.89 177%
EOG Resources Houston $176.64 $63.73 177%
Rowan Companies Houston $36.90 $13.81 167%
El Paso Pipeline Partners Houston $41.11 $16.65 147%
Anadarko Petroleum The Woodlands $92.02 $37.48 146%
Patterson UTI Snyder $24.59 $10.15 142%
Cameron Intl Houston $54.45 $22.58 141%
Spectra Energy Houston $34.98 $14.78 137%
Plains Exploration & Production Houston $48.90 $20.80 135%
Schlumberger Houston $93.23 $39.90 134%
Marathon Oil Houston $36.45 $17.28 111%
Enbridge Energy Partners Houston $30.39 $14.52 109%
Key Energy Services Houston $7.90 $3.82 107%
ConocoPhillips Houston $73.90 $37.64 96%
Linn Energy Houston $30.46 $15.98 91%
Buckeye Partners Houston $69.40 $37.06 87%
Valero Energy San Antonio $40.24 $21.95 83%
Atmos Energy Dallas $44.68 $24.43 83%
Baker Hughes Houston $57.96 $31.88 82%
Denbury Resources Plano $19.44 $10.76 81%
Noble Corp Houston $37.62 $21.61 74%
Kinder Morgan Energy Partners Houston $80.96 $48.20 68%
Nabor Industries Houston $17.92 $11.29 59%
Weatherford Intl Houston $17.04 $10.77 58%
Newfield Exploration The Woodlands $30.09 $19.99 51%
Energy Transfer Partners Dallas $53.35 $35.95 48%
Boardwalk Pipeline Partners Houston $28.60 $20.72 38%
W&T Offshore Houston $18.99 $13.90 37%
Southwestern Energy Houston $36.62 $28.60 28%
Exxon Mobil Irving $93.22 $78.10 19%
Apache Houston $88.45 $74.49 19%
Diamond Offshore Houston $60.35 $57.97 4%
Alon USA Energy Dallas $11.25 $11.42 -1%
Transocean Ltd Houston $49.03 $50.09 -2%
NuStar Energy LP San Antonio $42.72 $45.26 -6%
Ultra Petroleum Houston $19.28 $34.64 -44%
Quicksilver Resources Fort Worth $2.35 $6.65 -65%





Average Increase:  all 57 Oil and Gas Corps and Partnerships
178%





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