Monday, February 17, 2014

32 Largest US Electric Utilities Company Stock Prices Down 44% Due to Financial Meltdown Spillover Effects, Then Up 118% Under Obama and the US Fed

I found 32 US Electric Utilities Companies 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 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%