- 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 Partnership prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 3 largest US Gas Utilities Partnerships had their average market prices decline by a huge 50% 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 market prices of these same 3 largest US Gas Utilities Partnerships have increased by a truly spectacular 2,197% through February 14, 2014, driven by Pittsburgh, PA-based Atlas Energy LP (up a truly off-the-charts' 6,477%....yes, that's up nearly 65 times).
Clearly, a clear majority of the investors in and employees of these 3 largest US Gas Utilities Partnerships must be extremely 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 market prices of each of these 3 largest US Gas Utilities Partnerships 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 Partnerships | 2-14-14 | 3-6-09 | 12-31-07 | 2-14-14 | 3-6-09 | ||
Atlas Energy LP | Pittsburgh | PA | 47.53 | 0.72 | 24.82 | 6477% | -97% |
AmeriGas Partners LP | King of Prussia | PA | 42.88 | 24.51 | 36.04 | 75% | -32% |
Suburban Propane Partners LP | Whippany | NJ | 44.56 | 32.06 | 40.50 | 39% | -21% |
Average % Change all 3 | 2197% | -50% |