Monday, February 17, 2014

17 Largest US Gas Utilities Corp Stock Prices Down 25% Due to Financial Meltdown Spillover Effects, Then Up 102% Under Obama and the US Fed

I found 17 US Gas Utilities Corps classified in the Utilities Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil 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 the most recent date February 14, 2014.

The historical common stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 17 largest US Gas Utilities Corps had their average stock prices decline by 25% 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 in the slightly less than five years since March 6, 2009, the average stock prices of these same 17 largest US Gas Utilities Corps have increased by a very respectable 102% through February 14, 2014, led by Pittsburgh, PA-based EQT Corp (up 242%).  This average stock price increase of 102% excludes the substantial common stock cash dividends received by Gas Utilities Companies' investors during the past five years.

All 17 Gas Utilities Companies had their stock prices increase since March 6, 2009.

Clearly, a clear majority of the investors in and employees of these 17 largest US Gas Utilities Corps 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.

Below here are the stock market prices of each of these 17 largest US Gas Utilities Corps on February 14, 2014, on March 6, 2009, and on  December 31, 2007:






Market Market






Price Price






% %






Change Change



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



Price Price Price to to
Gas Utilities Corps HQs
2-14-14 3-6-09 12-31-07 2-14-14 3-6-09








EQT Corp Pittsburgh PA      97.67      28.57      53.28 242% -46%
Southwest Gas Las Vegas NV      54.13      17.53      29.77 209% -41%
Questar Salt Lake City UT      23.96        8.27      17.43 190% -53%
Integrys Energy Group Chicago IL      55.69      21.01      51.69 165% -59%
Chesapeake Utilities Dover DE      59.17      23.74      31.85 149% -25%
Sempra San Diego CA      93.15      38.22      61.88 144% -38%
Atmos Energy Dallas TX      45.53      20.73      28.04 120% -26%
Delta Natural Gas Winchester KY      19.59        9.60      12.63 104% -24%
Clean Energy Fuels Seal Beach CA        9.77        4.98      15.14 96% -67%
AGL Resources Atlanta GA      46.35      24.70      37.64 88% -34%
South Jersey Industries Folsom NJ      55.34      33.31      36.09 66% -8%
Piedmont Natural Gas Charlotte NC      33.35      22.68      26.16 47% -13%
New Jersey Resources Wall NJ      45.07      31.50      33.35 43% -6%
WGL Holdings Washington DC      37.38      29.84      32.76 25% -9%
Gas Natural Great Falls MT        9.88        8.15        6.28 21% 30%
Laclede Group St Louis MO      44.98      37.26      34.24 21% 9%
Northwest Natural Gas Portland OR      42.39      39.11      48.66 8% -20%








Average % Change all 17




102% -25%