Monday, January 27, 2014

19 Largest US Major Diversified Chemical Corps Average Stock Prices Down 60% Due to Financial Meltdown Spillover Effects, Then Up 464% Under Obama and the US Fed

I found 19 US Major Diversified Chemical Companies classified in the Basic Materials Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each and which also had their common stocks trading on each of the following three dates: on December 31, 2007 during President Bush's second term, on March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and also on January 27, 2014.  I excluded Clean Diesel Technologies since it didn't seem to fit into this Industry Category.
 
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 19 US Major Diversified Chemical Companies had their average stock prices drop by a massive 60% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 19 US Major Diversified Chemical Corps have increased by a very impressive 464% through January 27, 2014, led by Asland.  And all 19 had stock price appreciation with the lowest increase being a very healthy 128%.     
           
Clearly, the investors in and employees of all 19 of these US Major Diversified Chemical Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.

Below here are the market prices of each of these 19 US Major Diversified Chemical Companies on January 27, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 27, 2014:






Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to
Chemicals- Major Diversified HQs
 1-27-14   3-6-09   12-31-07  1-27-14 3-6-09








Ashland Covington KY      95.29        6.08      47.43 1467% -87%
Arabian American Development Co Sugar Land TX      11.44        0.87        7.65 1215% -89%
Huntsman Salt Lake City UT      21.70        2.25      25.70 864% -91%
Eastman Chemical Kingsport TN      74.38        9.13      30.55 715% -70%
Celanese Corp Irving TX      51.43        8.36      42.32 515% -80%
Dow Chemical Midland MI      43.10        7.11      39.42 506% -82%
Rex American Resources Dayton OH      40.09        6.86      15.77 484% -56%
LSB Industries Oklahoma City OK      35.11        7.05      28.22 398% -75%
Valhi Dallas TX      14.08        2.95        5.31 377% -44%
Balchem New Hampton NY      54.61      12.93      14.92 322% -13%
Aceto Port Washington NY      21.19        5.28        8.00 301% -34%
FMC Corp Philadelphia PA      71.69      17.97      27.28 299% -34%
Airgas Inc Radnor PA     106.85      27.09      52.11 294% -48%
DuPont Wilmington DE      60.24      16.87      44.09 257% -62%
Rentech Los Angeles CA        1.81        0.56        1.81 223% -69%
A. Schulman Fairlawn OH      33.29      12.56      21.55 165% -42%
Landec Menlo Park CA      11.22        4.45      13.40 152% -67%
Air Products & Chemicals Allentown PA     106.24      46.41      98.63 129% -53%
Praxair Danbury CT     125.74      55.24      88.71 128% -38%








Average % Change all 19




464% -60%