Thursday, May 15, 2014

Louisiana Company Average Stock Market Prices Up 370% Under Obama, a Democratic US Senate and a Quantitative Easing US Fed, After Being Down 58% During Financial Meltdown

I found 18 Louisiana Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings 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 May 14, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 18 Louisiana Companies had their 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 more than five years since March 6, 2009, the average stock market prices of these same 18 Louisiana Companies have increased by a very impressive 370% through May 14, 2014, led mainly by Stone Energy's stock market price increasing by 22 times in the most recent roughly 5 years.

In similar fashion, from the US Bureau of Labor Statistics, the US unemployment rate doubled from 5.0% in December 2007 to 10.0% in October 2009, early in President Obama's first term which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown.

And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), taking full effect, coupled with the Quantitative Easing by the US Fed, the US unemployment rate declined sharply from 10.0% in October 2009 to 6.3% in the most recently reported April 2014.

In like manner, Louisiana's unemployment rate nearly doubled, going from 3.7% in December 2007 to 6.9% in October 2009.  And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), going full throttle, coupled with the Quantitative Easing by the US Fed, the Louisiana State unemployment rate declined sharply, going from 6.9% in October 2009 to 4.5% in the most recently reported April 2014.

Below here are the stock market prices of each of these 18 Louisiana Companies on May 14, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:






Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Louisiana Company HQs
5-14-14 3-6-09 12-31-07 5-14-14 3-6-09



$s $s $s

Stone Energy Corp Lafayette LA       41.36      1.81    46.91 2185% -96%
Lamar Advertising Baton Rouge LA       50.25      5.59    48.07 799% -88%
Globalstar Covington LA         3.15      0.37      8.00 751% -95%
H&E Equipment Services Baton Rouge  LA        34.83      4.95    18.88 604% -74%
Pool Corp Covington LA       57.63    11.59    19.83 397% -42%
Albemarle Baton Rouge LA       68.98    16.17    41.25 327% -61%
Hornbeck Offshore Services Covington LA       41.96    10.73    44.95 291% -76%
Gulf Island Fabrication Houma LA       18.80      5.44    31.71 246% -83%
PetroQuest Energy Inc Lafayette LA         6.14      1.80    14.30 241% -87%
PHI Inc Lafayette LA       41.40    13.03    31.60 218% -59%
Amerisafe Inc DeRidder LA       38.96    13.80    15.51 182% -11%
Teche Holding Co New Iberia LA       70.97    26.70    37.75 166% -29%
Midsouth Bancorp Lafayette LA       17.63      8.25    23.30 114% -65%
Tidewater New Orleans LA       50.85    32.07    54.86 59% -42%
IberiaBank Lafayette LA       60.44    38.39    46.75 57% -18%
CenturyLink Monroe LA       37.66    24.09    41.46 56% -42%
LHC Group Lafayette LA       20.44    17.16    24.98 19% -31%
Amedisys Baton Rouge LA       14.00    26.41    48.52 -47% -46%








Average % Change all 18




370% -58%