Monday, February 24, 2014

Louisiana Company Average Stock Prices Up 323% Under Obama, Mary Landrieu and the US Fed, After Being Down 58% Due to Financial Meltdown

I found 19 Louisiana Companies in 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 the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date February 21, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 19 Louisiana Companies had their equally-company-weighted average stock market prices decline by a massive 58% 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 equally-company-weighted average stock market prices of these same 19 Louisiana Companies have increased by a very robust 323% through February 21, 2014, led by Stone Energy's stock market price increasing by 18.5 times since March 6, 2009.

18 of the 19 Louisiana Companies had their stock market prices increase since March 6, 2009.

Louisiana citizens should be pleased with the excellent performance of their Louisiana Companies during the Obama Administration.

Below here are the stock market prices of these 19 Louisiana Companies on February 21, 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
Louisiana Company HQs
2-21-14 3-6-09 12-31-07 2-21-14 3-6-09








Stone Energy Corp Lafayette LA          35.37          1.81          46.91 1854% -96%
Lamar Advertising Baton Rouge LA          49.83          5.59          48.07 791% -88%
Globalstar Covington LA            2.37          0.37            8.00 541% -95%
H&E Equipment Services Baton Rouge  LA           30.96          4.95          18.88 525% -74%
Pool Corp Covington LA          58.88        11.59          19.83 408% -42%
Albemarle Baton Rouge LA          63.91        16.17          41.25 295% -61%
Gulf Island Fabrication Houma LA          20.49          5.44          31.71 277% -83%
Hornbeck Offshore Services Covington LA          39.16        10.73          44.95 265% -76%
Reliance Steel & Aluminum Los Angeles LA          70.14        22.44          54.20 213% -59%
PHI Inc Lafayette LA          39.77        13.03          31.60 205% -59%
Amerisafe Inc DeRidder LA          40.08        13.80          15.51 190% -11%
Teche Holding Co New Iberia LA          72.15        26.70          37.75 170% -29%
PetroQuest Energy Inc Lafayette LA            4.49          1.80          14.30 149% -87%
Midsouth Bancorp Lafayette LA          17.24          8.25          23.30 109% -65%
IberiaBank Lafayette LA          62.34        38.39          46.75 62% -18%
Tidewater New Orleans LA          47.34        32.07          54.86 48% -42%
LHC Group Lafayette LA          23.87        17.16          24.98 39% -31%
CenturyLink Monroe LA          31.09        24.09          41.46 29% -42%
Amedisys Baton Rouge LA          16.60        26.41          48.52 -37% -46%








Average % Change all 19




323% -58%