Wednesday, March 12, 2014

Texas IPOs During Obama: 82 Companies Up 42% Over 23 Month Average Period

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were a huge number of 82 Texas Companies filing IPOs so far during the Obama Administration .....from Jan 2009 through Feb 2014..... which have a Market Capitalization of more than $100 mil presently or were sold for at least that amount.
 
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.  The superb Yahoo Finance website was also utilized heavily.

These 82 Texas Companies had their average stock market price increase by an impressive 42% over a short 23 month average period of time that their common stocks traded through the most recent date March 11, 2014.

The 45 Texas Oil & Gas Companies filing IPOs during the Obama Administration had an average stock market price increase of a healthy 32% over a short 22 month average period of time, with 4 of them more than tripling in price and 7 of them more than doubling in price.

The 37 Texas Non-Oil & Gas Companies filing IPOs during the Obama Administration did even much better, registering an average stock market price increase of a very robust 54% over a short 23 month average period of time.  Leading the pack were two Technology Companies, which more than tripled ..... RigNet up 339% and SolarWinds up 220%.  There were 11 of these 37 Companies which posted stock market price appreciation above 90% for this very short period of time.

Below here are the stock market prices on the most recent date March 11, 2014 or the date the Company was sold and also at the close on the first day of the IPO, as well as the related % Market Price Change for this period of time, for these 82 Texas Companies:






1st Day





3-11-14 IPO %





Stock Closing Market
IPO
City

Market Market Price
Date Company HQs Sector Industry Price Price Change

Texas IPOs During Obama






Oil & Gas Companies





12/7/10 Targa Resources Investments  Houston Basic Materials Oil & Gas Pipilines $97.12 $24.70 293%
10/12/12 Diamondback Energy  Midland Basic Materials Independent Oil & Gas $62.01 $17.50 254%
7/14/11 Oiltanking Partners, L.P.  Houston Basic Materials Oil & Gas Pipelines $73.15 $23.70 209%
5/9/13 Emerge Energy Services LP    Southlake Basic Materials Oil&Gas Equip&Services $50.10 $16.55 203%
6/17/10 Oasis Petroleum  Houston Basic Materials Independent Oil & Gas $41.24 $14.88 177%
4/20/11 Tesoro Logistics LP  San Antonio Basic Materials Oil & Gas Equipment & Services $62.25 $23.50 165%
1/15/13 USA Compression Partners, LP  Austin Basic Materials Oil & Gas Pipelines $27.38 $11.66 135%
2/2/12 Matador Resources  Dallas Basic Materials Independent Oil & Gas $21.72 $11.75 85%
7/23/13 Phillips 66 Partners LP   Houston Basic Materials Oil&Gas Refining&Marketing $47.68 $29.70 61%
12/7/12 Western Gas Equity Partners, LP  Woodlands Basic Materials Oil & Gas Pipelines $44.66 $28.00 60%
12/14/11 Sanchez Energy  Houston Basic Materials Independent Oil & Gas $26.94 $18.25 48%
12/11/13 Valero Energy Partners LP  San Antonio Basic Materials Oil & Gas Pipelines $38.44 $28.00 37%
12/16/09 Cobalt International Energy  Houston Basic Materials Independent Oil & Gas $17.83 $13.50 32%
1/17/14 RSP Permian   Dallas Basic Materials Oil&Gas Drilling&Exploration $26.50 $20.15 32%
12/16/11 Creatwood Midstream Partners LP Houston Basic Materials Oil & Gas Pipelines $22.66 $17.65 28%
8/2/13 Athlon Energy   Fort Worth Basic Materials Indpendent Oil & Gas $35.34 $27.56 28%
12/15/11 Mid-Con Energy Partners, LP   Dallas Basic Materials Independent Oil & Gas $23.03 $18.05 28%
10/10/13 Western Refining Logistics, LP   El Paso Basic Materials Oil & Gas Pipelines $30.60 $24.10 27%
10/16/13 Plains GP Holdings, L.P.  Houston Basic Materials Oil & Gas Pipelines $27.48 $22.00 25%
4/12/12 Forum Energy Technologies  Houston Basic Materials Oil&Gas Equipment&Services $27.08 $21.75 25%
4/12/12 MRC Global  Houston Basic Materials Oil&Gas Equipment&Services $26.03 $21.04 24%
11/7/13 Midcoast Energy Partners, L.P.   Houston Basic Materials Independent Oil & Gas $20.73 $17.49 19%
12/9/11 Memorial Production Partners LP  Houston Basic Materials Independent Oil & Gas $22.86 $19.79 16%
12/13/13 Cheniere Energy Partners LP Holdings  Houston Basic Materials Natural Gas Distribution $21.25 $19.22 11%
7/24/13 Jones Energy  Austin Basic Materials Independent Oil & Gas $15.20 $13.83 10%
1/17/14 EP Energy   Houston Basic Materials Major Integrated Oil&Gas $19.01 $18.08 5%
2/11/11 Kinder Morgan Houston Basic Materials Oil & Gas Pipelines $31.59 $31.05 2%
4/30/10 PAA Natural Gas Storage  Houston Basic Materials Natural Gas Transmission $23.00 $23.25 -1%
12/17/10 QR Energy, LP  Houston Basic Materials Independent Oil & Gas $18.35 $19.60 -6%
7/26/13 Marlin Midstream Partners, LP   Houston Basic Materials Oil & Gas Pipelines $18.12 $19.50 -7%
1/17/13 CVR Refining, LP  Sugar Land Basic Materials Oil&Gas Refining&Marketing $23.07 $25.05 -8%
11/11/11 LRR Energy, L.P.  Houston Basic Materials Independent Oil & Gas $17.11 $19.05 -10%
7/29/11 C&J Energy Services  Houston Basic Materials Oil&Gas Refining&Marketing $26.03 $30.50 -15%
11/120 Alon USA Partners, LP  Dallas Basic Materials Oil&Gas Refining&Marketing $14.55 $18.40 -21%
10/12/12 Linn Co LLC    Houston Basic Materials Independent Oil & Gas $28.88 $38.26 -25%
5/5/11 VOC Energy Trust  Austin Basic Materials Independent Oil & Gas $15.16 $21.00 -28%
8/11/11 SandRidge Permian Trust  Austin Basic Materials Independent Oil & Gas $12.35 $18.00 -31%
5/3/12 Pacific Coast Oil Trust  Austin Basic Materials Independent Oil & Gas $13.38 $20.00 -33%
11/3/11 Enduro Royalty Trust Austin Basic Materials Independent Oil & Gas $13.15 $21.26 -38%
11/11/11 Chesapeake Granite Wash Trust  Austin Basic Materials Oil & Gas Pipelines $11.13 $18.87 -41%
3/23/12 Whiting USA Trust II  Austin Basic Materials Independent Oil & Gas $12.93 $24.46 -47%
4/18/12 SandRidge Mississippian Trust II  Austin Basic Materials Independent Oil & Gas $8.28 $21.40 -61%
4/20/12 Midstates Petroleum  Houston Basic Materials Independent Oil & Gas $5.20 $15.03 -65%
4/7/11 SandRidge Mississippian Trust I   Austin Basic Materials Independent Oil & Gas $7.70 $24.21 -68%
6/24/11 KiOR  Pasadena Basic Materials Oil&Gas Refining&Marketing $1.31 $15.00 -91%









Average % Change all 45 Oil & Gas




32%

Average Number of Months 45 Stocks Traded 22












Non-Oil & Gas Companies





12/15/10 RigNet  Houston Technology Wireless Communications $55.04 $12.55 339%
5/19/09 SolarWinds  Austin Technology Application Software $43.95 $13.75 220%
9/26/13 Applied Optoelectronics   Sugar Land Technology Semiconductor-Integrated Circuits $26.32 $9.96 164%
7/24/12 Chuy's Holdings  Austin Services Restaurants $39.12 $15.06 160%
3/8/12 Nationstar Mortgage Holdings  Lewisville Financial Mortgage Investment $30.29 $14.25 113%
7/27/12 Del Friscos Restaurant Group  Southlake Services Restaurants $26.75 $13.00 106%
5/5/11 Thermon Group Holdings  San Marcos Industrial Goods Diversified Machinery $24.97 $12.28 103%
11/18/11 Mattress Firm Holding   Houston Consumer Goods Home Furnishings & Fixtures $43.55 $22.00 98%
12/17/09 Kraton Performance Polymers  Houston Basic Materials Specialty Chemicals $26.61 $13.51 97%
8/16/12 Hi-Crush Partners LP  Houston Basic Materials Industrial Metals & Minerals $39.38 $20.00 97%
10/9/13 LDR Holding  Austin Health Care Medical Appliances & Equipment $37.32 $19.35 93%
4/3/13 Independent Bank Group  McKinney Financial Regional Banks $54.83 $29.36 87%
9/28/12 Summit Midstream Partners, LP  Dallas Utilities Gas Utilities $38.75 $21.11 84%
11/7/13 Mavenir Systems  Richardson Technology Computer Communications Equip $16.68 $9.64 73%
9/20/12 Susser Petroleum Partners LP  Houston Services Industrial Equipment Wholesale $36.83 $22.91 61%
4/29/10 Convio  Austin Technology Application Software $16.07 $10.24 57%
7/19/13 RetailMeNot  Austin Services Marketing Services $39.43 $27.70 42%
10/3/13 OCI Partners LP Nederland Basic Materials Chemicals-Major Diversified $25.03 $18.80 33%
11/7/13 LGI Homes   Woodlands Financial Real Estate Development $16.74 $12.90 30%
8/12/10 RealPage  Carrollton Technology Application Software $18.48 $14.52 27%
8/26/10 Whitestone REIT  Houston Financial REIT-Diversified $14.43 $11.50 25%
5/26/11 Freescale Semiconductor Holdings I Austin Technology Semiconductor-Broad Line $22.68 $18.33 24%
10/19/10 NetSpend Holdings  Austin Financial Finance Services $15.98 $13.00 23%
7/27/12 AmREIT  Houston Financial REIT-Retail $17.03 $14.02 21%
9/20/13 ClubCorp Holdings  Dallas Services Sporting Activities $17.16 $14.50 18%
4/8/11 CVR Partners, LP  Sugar Land Basic Materials Agriculture Chemicals $20.53 $17.55 17%
6/29/11 HomeAway  Austin Technology Internet Information Providers $44.80 $40.21 11%
1/18/13 CyrusOne  Carrollton Financial REIT-Diversified $22.61 $21.20 7%
1/23/14 Santander Consumer USA Holdings   Dallas Financial Mortgage Investment $23.94 $25.28 -5%
11/1/13 Container Store Group    Coppell Services Specialty Retail $34.10 $36.20 -6%
5/11/12 Ignite Restaurant Group  Houston Services Restaurants $13.73 $17.13 -20%
5/4/12 PetroLogistics LP  Houston Basic Materials Chemicals-Major Diversified $12.98 $16.50 -21%
11/2/12 Southcross Energy Partners, L.P  Dallas Utilities Gas Utilities $17.04 $22.35 -24%
7/22/11 Francescas Holdings  Houston Services Apparel Stores $20.64 $27.65 -25%
5/12/10 Niska Gas Storage  Houston Utilities Gas Utilities $13.40 $19.10 -30%
11/20/09 Archipelago Learning  Dallas Services Education & Training Services $11.10 $18.77 -41%
2/24/12 Bazaarvoice  Austin Technology Application Software $7.91 $16.51 -52%









Average % Change all 37 Non-Oil & Gas



54%

Average Number of Months 37 Stocks Traded 23












Average % Change all 82 Texas Companies



42%

Average Number of Months 82 Stocks Traded 23