- 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 32 largest US Electric Utilities Companies had their average stock prices decline by a huge 44% 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 32 largest US Electric Utilities Companies have increased by a very respectable 118% through February 14, 2014. This 118% increase excludes the substantial common stock cash dividends received by Electric Utilities Companies' investors during the past five years.
31 of these 32 US Electric Utilities Companies had their stock prices increase since March 6, 2009. And 20 of these 32 had their stock prices more than double since March 6, 2009.
Clearly, a clear majority of the investors in and employees of these 32 largest US Electric Utilities 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.
Below here are the stock market prices of each of these 32 largest US Electric Utilities Companies 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 | |||
Electric Utilities Company | HQs | 2-14-14 | 3-6-09 | 12-31-07 | 2-14-14 | 3-6-09 | |
Black Hills | Rapid City | SD | 55.83 | 15.11 | 44.10 | 269% | -66% |
OGE Energy | Oklahoma City | OK | 35.69 | 10.22 | 18.15 | 249% | -44% |
ITC Holdings | Novi | MI | 103.13 | 33.28 | 56.42 | 210% | -41% |
DTE Energy | Detroit | MI | 71.73 | 24.05 | 43.96 | 198% | -45% |
El Paso Electruc | El Paso | TX | 35.97 | 12.44 | 25.57 | 189% | -51% |
The AES Corp | Arlington | VA | 14.62 | 5.11 | 21.39 | 186% | -76% |
CMS Energy | Jackson | MI | 28.53 | 10.87 | 17.38 | 162% | -37% |
Alliant Energy | Madison | WI | 53.67 | 20.94 | 40.69 | 156% | -49% |
Dominion Resources | Richmond | VA | 71.11 | 28.12 | 47.45 | 153% | -41% |
IdaCorp | Boise | ID | 54.23 | 21.76 | 35.22 | 149% | -38% |
UNS Energy | Tucson | AZ | 60.21 | 24.97 | 31.55 | 141% | -21% |
Cleco | Pineville | LA | 48.95 | 20.86 | 27.80 | 135% | -25% |
Wisconsin Energy | Milwaukee | WI | 43.62 | 18.79 | 24.36 | 132% | -23% |
Pinnacle West Capital | Phoenix | AZ | 54.39 | 23.51 | 42.41 | 131% | -45% |
UIL Holdings | New Haven | CT | 40.17 | 17.57 | 36.95 | 129% | -52% |
Great Plains Energy | Kansas City | MO | 25.63 | 11.61 | 29.32 | 121% | -60% |
NextEra Energy | Juno Beach | FL | 93.27 | 42.82 | 67.78 | 118% | -37% |
Edison Intl | Rosemead | CA | 50.54 | 23.73 | 53.37 | 113% | -56% |
Hawaiian Electric Industries | Honolulu | HI | 26.48 | 12.45 | 22.77 | 113% | -45% |
American Electric Power | Columbus | OH | 50.11 | 24.81 | 46.56 | 102% | -47% |
Pepco Holdings | Washington | DC | 20.58 | 10.36 | 29.33 | 99% | -65% |
Portland General Electric | Portland | OR | 31.57 | 16.10 | 27.78 | 96% | -42% |
Empire District Electric | Joplin | MO | 23.31 | 12.53 | 22.78 | 86% | -45% |
TECO Energy | Tampa | FL | 16.65 | 9.27 | 17.21 | 80% | -46% |
Xcel Energy | Minneapolis | MN | 29.65 | 16.57 | 22.57 | 79% | -27% |
SCANA | Cayce | SC | 48.70 | 27.35 | 42.15 | 78% | -35% |
Consolidated Edison | New York | NY | 55.16 | 33.94 | 48.85 | 63% | -31% |
PPL Corp | Allentown | PA | 31.52 | 24.94 | 52.09 | 26% | -52% |
PG&E | San Francisco | CA | 43.94 | 36.69 | 43.09 | 20% | -15% |
Ormat Technologies | Reno | NV | 25.65 | 23.29 | 55.01 | 10% | -58% |
Entergy | New Orleans | LA | 64.49 | 63.52 | 119.52 | 2% | -47% |
FirstEnergy | Akron | OH | 31.75 | 37.54 | 72.34 | -15% | -48% |
Average % Change all 32 | 118% | -44% |