During this five years and five months period of time from March 6, 2009 through August 15, 2014, both Colorado US Senators.....Mark Udall and Michael Bennet.....were Democrats.
I found 59 Colorado 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 August 15, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 62 Colorado Companies had their average stock market prices decline by a massive 62% 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 five years and five months since March 6, 2009 through August 15, 2014, when both Colorado US Senators were Democrats, the average stock market prices of these same 62 Colorado Companies have increased by a spectacular 498%.
Thus in the six years and seven months from December 31, 2007 before the 2008 financial meltdown to the most recent date August 15, 2014, the equally-company-weighted average stock market prices of these same 62 Colorado Companies have increased by an impressive 62%...... yeah, they have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 62%.
Below here are the stock market prices of each of these 62 Colorado Companies on August 15, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:
Market | Market | Market | ||||||
Price | Price | Price | ||||||
% | % | % | ||||||
Change | Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | 12-31-07 | |||
Price | Price | Price | to | to | to | |||
Colorado Company | HQs | 8-15-14 | 3-6-09 | 12-31-07 | 8-15-14 | 3-6-09 | 8-15-14 | |
$s | $s | $s | UDALL & | |||||
BENNET | ||||||||
Kodiak Oil & Gas | Denver | CO | 14.87 | 0.22 | 2.20 | 6659% | -90% | 576% |
Advanced Emissions Solutions | Highland Ranch | CO | 23.01 | 1.57 | 3.79 | 1370% | -59% | 508% |
Chipotle Mexican Grill | Denver | CO | 678.18 | 49.19 | 147.07 | 1279% | -67% | 361% |
Innospec Inc | Littleton | CO | 40.25 | 3.04 | 17.16 | 1224% | -82% | 135% |
Crocs Inc | Niwot | CO | 15.55 | 1.19 | 36.81 | 1207% | -97% | -58% |
Air Methods | Englewood | CO | 58.40 | 4.67 | 16.56 | 1151% | -72% | 253% |
Allied Motion Technologies | Englewood | CO | 14.64 | 1.29 | 4.65 | 1037% | -72% | 215% |
Liberty Interactive | Englewood | CO | 28.38 | 2.50 | 19.08 | 1035% | -87% | 49% |
Spectranetics | Colorado Springs | CO | 27.43 | 2.70 | 15.33 | 916% | -82% | 79% |
Liberty Global | Englewood | CO | 43.76 | 4.48 | 13.63 | 876% | -67% | 221% |
Cimarex Energy Co | Denver | CO | 136.55 | 15.92 | 42.53 | 758% | -63% | 221% |
Whiting Petroleum | Denver | CO | 84.61 | 10.07 | 28.83 | 741% | -65% | 193% |
Berry Petroleum | Denver | CO | 47.25 | 5.74 | 44.45 | 723% | -87% | 6% |
MarkWest Energy Partners LP | Denver | CO | 75.18 | 9.16 | 33.78 | 721% | -73% | 123% |
Dot Hill | Longmont | CO | 3.50 | 0.43 | 2.43 | 716% | -82% | 44% |
Dish Network | Englewood | CO | 64.77 | 9.27 | 33.95 | 599% | -73% | 91% |
Apartment Investment & Management | Denver | CO | 33.33 | 4.94 | 29.11 | 575% | -83% | 14% |
SM Energy Co | Denver | CO | 75.24 | 11.63 | 38.61 | 547% | -70% | 95% |
TW Telecom | Littleton | CO | 38.88 | 6.80 | 20.29 | 472% | -66% | 92% |
Woodward | Fort Collins | CO | 51.40 | 9.08 | 33.98 | 466% | -73% | 51% |
PDC Energy Inc | Denver | CO | 56.87 | 10.11 | 59.13 | 463% | -83% | -4% |
Evolving Systems | Englewood | CO | 10.26 | 1.84 | 5.96 | 458% | -69% | 72% |
Penford Corp | Centennial | CO | 12.01 | 2.21 | 25.59 | 443% | -91% | -53% |
DCP Midstream Partners LP | Denver | CO | 53.23 | 10.09 | 45.95 | 428% | -78% | 16% |
Vail Resorts | Broomfield | CO | 76.82 | 16.08 | 53.81 | 378% | -70% | 43% |
Red Robin Gourmet Burgers | Greenwood Village | CO | 54.90 | 12.13 | 31.99 | 353% | -62% | 72% |
UDR Inc | Highlands Ranch | CO | 29.47 | 7.23 | 19.85 | 308% | -64% | 48% |
Mesa Laboratories | Lakewood | CO | 71.45 | 18.01 | 25.00 | 297% | -28% | 186% |
Century Casinos | Colorado Springs | CO | 5.56 | 1.42 | 6.44 | 292% | -78% | -14% |
Arrow Electronics | Englewood | CO | 60.72 | 15.59 | 39.28 | 289% | -60% | 55% |
Level 3 Communications | Broomfield | CO | 41.98 | 10.88 | 45.60 | 286% | -76% | -8% |
Dynamic Materials | Boulder | CO | 19.61 | 5.23 | 58.90 | 275% | -91% | -67% |
IHS Inc | Englewood | CO | 138.47 | 37.00 | 60.56 | 274% | -39% | 129% |
Ball Corp | Broomfield | CO | 63.12 | 18.62 | 22.50 | 239% | -17% | 181% |
EchoStar | Englewood | CO | 48.35 | 14.69 | 18.83 | 229% | -22% | 157% |
Advanced Energy Industries | Ft Collins | CO | 18.49 | 5.66 | 13.08 | 227% | -57% | 41% |
DaVita HealthCare Partners | Denver | CO | 72.11 | 22.86 | 28.18 | 215% | -19% | 156% |
StarTek | Denver | CO | 7.08 | 2.30 | 9.31 | 208% | -75% | -24% |
TeleTech Holdings | Englewood Cliffs | CO | 26.61 | 8.66 | 21.27 | 207% | -59% | 25% |
DCT Industrial Trust | Denver | CO | 7.86 | 2.64 | 9.31 | 198% | -72% | -16% |
Emerald Oil Inc | Denver | CO | 7.81 | 2.66 | 11.97 | 194% | -78% | -35% |
Gaiam Inc | Louisville | CO | 7.34 | 2.57 | 29.68 | 186% | -91% | -75% |
Transmontaigne Partners LP | Denver | CO | 43.03 | 15.11 | 28.39 | 185% | -47% | 52% |
Janus Capital Group | Denver | CO | 11.78 | 4.34 | 32.85 | 171% | -87% | -64% |
Ascent Capital Group | Greenwood Village | CO | 63.01 | 23.76 | 33.95 | 165% | -30% | 86% |
CoBiz Financial | Denver | CO | 11.02 | 4.23 | 14.87 | 161% | -72% | -26% |
Einstein Noah Restaurant Group | Lakewood | CO | 14.31 | 5.77 | 18.15 | 148% | -68% | -21% |
Molson Coors Brewing | Denver | CO | 74.86 | 34.10 | 51.62 | 120% | -34% | 45% |
CSG Systems | Englewood | CO | 27.39 | 13.32 | 14.72 | 106% | -10% | 86% |
Royal Gold Inc | Denver | CO | 79.09 | 40.15 | 30.52 | 97% | 32% | 159% |
Guaranty Bancorp | Denver | CO | 13.94 | 7.75 | 28.90 | 80% | -73% | -52% |
Ciber | Greenwood Village | CO | 3.69 | 2.20 | 6.11 | 68% | -64% | -40% |
Western Union | Englewood | CO | 17.33 | 10.43 | 24.28 | 66% | -57% | -29% |
Array BioPharma | Boulder | CO | 3.87 | 2.60 | 8.42 | 49% | -69% | -54% |
National CineMedia | Centennial | CO | 15.08 | 12.00 | 25.21 | 26% | -52% | -40% |
Bill Barrett Corp | Denver | CO | 21.13 | 17.74 | 41.87 | 19% | -58% | -50% |
MDC Holdings | Denver | CO | 27.53 | 23.47 | 37.13 | 17% | -37% | -26% |
Intrepid Potash | Denver | CO | 15.15 | 14.49 | 50.40 | 5% | -71% | -70% |
Thompson Creek Metals | Denver | CO | 2.84 | 2.92 | 17.11 | -3% | -83% | -83% |
Resolute Energy Corp | Denver | CO | 7.32 | 9.37 | 9.19 | -22% | 2% | -20% |
Newmont Mining | Greenwood Village | CO | 26.89 | 38.90 | 48.83 | -31% | -20% | -45% |
Forest Oil Corp | Denver | CO | 1.67 | 8.10 | 36.57 | -79% | -78% | -95% |
Average % Change all 62 | 498% | -62% | 62% |
In addition to the above 62 Colorado Companies, below here are the 11 Colorado Companies filing Initial Public Offerings (IPOs) since 2009 which have experienced stock market price appreciation of more than 15% above their initial offering price:
% | |||||||||
Market | # of | ||||||||
Price | Months | ||||||||
8-15-14 | Change | Stock | |||||||
Stock | From | Traded | |||||||
IPO | City | State | Market | Offering | Offering | Thru | |||
Date | Colorado Company IPO | HQs | Sector | Industry | Price | Price | Price | 8-15-14 | |
$ | $ | ||||||||
11/16/11 | Clovis Oncology | Boulder | CO | Healthcare | Biotechnology | 44.22 | 13.00 | 240% | 33 |
12/15/11 | Bonanza Creek Energy | Denver | CO | Basic Materials | Independent Oil & Gas | 57.00 | 17.00 | 235% | 32 |
9/23/10 | CoreSite Realty | Denver | CO | Financial | REIT-Office | 35.34 | 16.00 | 121% | 47 |
10/26/12 | WhiteWave Foods (The) | Denver | CO | Consumer Goods | Food-Major Diversified | 33.51 | 17.00 | 97% | 22 |
8/14/13 | Envision Healthcare Holdings | Greenwood Village | CO | Health Care | Long-Term Care Facilities | 35.80 | 23.00 | 56% | 12 |
5/14/09 | DigitalGlobal | Longmont | CO | Industrial Goods | Aerospace/Defense | 29.36 | 19.00 | 55% | 63 |
7/27/11 | American Midstream Partners, LP | Denver | CO | Utilities | Gas Utilities | 29.84 | 21.00 | 42% | 37 |
10/2/13 | RE/MAX Holdings | Denver | CO | Financial | Property Management | 30.22 | 22.00 | 37% | 10 |
10/10/13 | Antero Resources | Denver | CO | Basic Materials | Oil&Gas Drilling&Exploration | 55.52 | 44.00 | 26% | 10 |
7/25/12 | Natural Grocers by Vitamin Cottage | Lakewood | CO | Services | Grocery Stores | 18.52 | 15.00 | 23% | 25 |
6/28/13 | Noodles & Company | Broomfield | CO | Services | Restaurants | 20.98 | 18.00 | 17% | 14 |
In like manner on the employment front, from the US Bureau of Labor Statistics, Colorado's State unemployment rate more than doubled, going from 4.1% in December 2007 to 8.3% in October 2009, which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown. But in the four years and eight months since then, when both Democratic Colorado US Senators.....Mark Udall and Michael Bennet.....were in office, the Colorado State unemployment rate has declined from 8.3% in October 2009 to 5.5% in the most recently reported June 2014.
Colorado Citizens must be very pleased with both the outstanding performance of nearly all of their Colorado Companies as well as the very significant drop in the Colorado Unemployment Rate, both occurring during the most recent roughly five years when Mark Udall and Michael Bennet were both serving in the US Senate very effectively for the interests of their Colorado constituents.