Saturday, February 22, 2014

North Dakota Company Average Stock Prices Up 84% Under Obama and the US Fed, After Being Down 31% Due to Financial Meltdown

I found 3 North Dakota Headquartered 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.

Included in the 3 was Diversified Utilities Company MDU Resources Group, which plays such a pivotal role in North Dakota's economy.

These 3 North Dakota Companies had their equally-company-weighted average stock market prices decline by 31% 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 3 North Dakota Companies have increased by 84% through February 21, 2014.

So, there are so few Companies with HQs in North Dakota, but the Oil Boom there is just immense..... so much so that now the Unemployment Rate in North Dakota is only 2.7%.

Below here are the stock market prices of these 3 North Dakota 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
North Dakota Company HQs
2-21-14 3-6-09 12-31-07 2-21-14 3-6-09








MDU Resources Group Bismarck ND          34.55        13.21          27.61 162% -52%
Titan Machinery West Fargo ND          15.53          8.17          13.10 90% -38%
Investors Real Estate Trust Minot ND            8.75          8.77            8.97 0% -2%








Average % Change all 3




84% -31%