Friday, October 31, 2014

Colorado Company Stock Market Prices Up 457% Since March 6, 2009, a Very Nice Uptick in Just the Past Two Weeks.....14 IPOs Since 2009 With Stock Market Prices Up 69%..... Colorado Audited Earnings For 2 Years 2013 and 2012 Combined Up 752% Over 2 Years 2009 and 2008 Combined.....and a Huge Drop in Colorado Unemployment Rate From 8.3% in October 2009 to only 4.7% in September 2014

Since the Colorado US Senate Race is now very competitive, I think it would be helpful to update how Colorado Companies have done on the stock market price front since March 6, 2009, which was the very bottom point of the US Stock Market due to the spillover effects resulting from the disastrous 2008 financial meltdown, how they have done on the Initial Public Offering (IPO) front and also how the State's unemployment rate has fared.

During this five years and eight months period of time from March 6, 2009 through October 31, 2014, Moderate Mark Udall was a Colorado US Senator.

I found 58 Colorado Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Stock Market Capitalizations of more than $100 mil each 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 October 31, 2014.
I also included two Colorado Companies whose common stock first started trading in 2008.  That makes it 60 Colorado Companies shown below.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 60 Colorado Companies had their average equal-company-weighted 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 eight months since March 6, 2009 through October 31, 2014, the average stock market prices of these same 60 Colorado Companies have increased by an exceptional 457%.    

Below here  are the stock market prices of each of these 60 Colorado Companies on October 31, 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
Colorado Company HQs
Price Price Price to to to


10-31-14 3-6-09 12-31-07 10-31-14 3-6-09 10-31-14



$ $ $ $ $ $









Kodiak Oil & Gas Denver CO      10.79        0.22        2.20 4805% -90% 390%
Innospec Inc Littleton CO      40.37        3.04      17.16 1228% -82% 135%
Chipotle Mexican Grill Denver CO     638.00      49.19     147.07 1197% -67% 334%
Advanced Emissions Solutions Highland Ranch CO      20.22        1.57        3.79 1192% -59% 434%
Spectranetics Colorado Springs CO      31.77        2.70      15.33 1077% -82% 107%
Allied Motion Technologies Englewood CO      14.68        1.29        4.65 1040% -72% 216%
Liberty Interactive Englewood CO      26.14        2.50      19.08 946% -87% 37%
Liberty Global Englewood CO      45.47        4.48      13.63 914% -67% 234%
Air Methods Englewood  CO      47.23        4.67      16.56 912% -72% 185%
Crocs Inc Niwot CO      11.68        1.19      36.81 882% -97% -68%
Dot Hill Longmont CO        3.95        0.43        2.43 821% -82% 63%
Penford Corp Centennial CO      18.85        2.21      25.59 753% -91% -26%
MarkWest Energy Partners LP Denver CO      70.05        9.16      33.78 665% -73% 107%
Apartment Investment & Management Denver CO      35.79        4.94      29.11 624% -83% 23%
Cimarex Energy Co Denver CO     113.67      15.92      42.53 614% -63% 167%
Dish Network Englewood CO      63.65        9.27      33.95 587% -73% 87%
TW Telecom Littleton CO      42.78        6.80      20.29 529% -66% 111%
Whiting Petroleum Denver CO      61.24      10.07      28.83 508% -65% 112%
Evolving Systems Englewood CO      10.90        1.84        5.96 492% -69% 83%
Woodward Fort Collins CO      51.21        9.08      33.98 464% -73% 51%
Vail Resorts Broomfield CO      86.36      16.08      53.81 437% -70% 60%
DCP Midstream Partners LP Denver CO      52.95      10.09      45.95 425% -78% 15%
SM Energy Co Denver CO      56.30      11.63      38.61 384% -70% 46%
Red Robin Gourmet Burgers Greenwood Village CO      54.97      12.13      31.99 353% -62% 72%
PDC Energy Inc Denver CO      43.72      10.11      59.13 332% -83% -26%
Level 3 Communications Broomfield CO      46.91      10.88      45.60 331% -76% 3%
Mesa Laboratories Lakewood CO      76.37      18.01      25.00 324% -28% 205%
UDR Inc Highlands Ranch CO      30.23        7.23      19.85 318% -64% 52%
Century Casinos Colorado Springs CO        5.44        1.42        6.44 283% -78% -16%
Arrow Electronics Englewood CO      56.86      15.59      39.28 265% -60% 45%
IHS Inc Englewood CO     131.03      37.00      60.56 254% -39% 116%
Einstein Noah Restaurant Group Lakewood CO      20.25        5.77      18.15 251% -68% 12%
Advanced Energy Industries Ft Collins CO      19.78        5.66      13.08 249% -57% 51%
Dynamic Materials Boulder CO      18.21        5.23      58.90 248% -91% -69%
Ball Corp Broomfield CO      64.43      18.62      22.50 246% -17% 186%
Janus Capital Group Denver CO      14.99        4.34      32.85 245% -87% -54%
DaVita HealthCare Partners Denver CO      78.07      22.86      28.18 242% -19% 177%
StarTek Denver CO        7.52        2.30        9.31 227% -75% -19%
DCT Industrial Trust Denver CO        8.57        2.64        9.31 225% -72% -8%
EchoStar Englewood CO      46.73      14.69      18.83 218% -22% 148%
TeleTech Holdings Englewood Cliffs CO      25.81        8.66      21.27 198% -59% 21%
Gaiam Inc Louisville CO        7.57        2.57      29.68 195% -91% -74%
CoBiz Financial Denver CO      12.02        4.23      14.87 184% -72% -19%
Ascent Capital Group Greenwood Village CO      64.30      23.76      33.95 171% -30% 89%
Transmontaigne Partners LP Denver CO      37.45      15.11      28.39 148% -47% 32%
Molson Coors Brewing Denver CO      74.38      34.10      51.62 118% -34% 44%
Guaranty Bancorp Denver CO      15.77        7.75      28.90 103% -73% -45%
CSG Systems Englewood CO      26.51      13.32      14.72 99% -10% 80%
Western Union Englewood CO      16.96      10.43      24.28 63% -57% -30%
Ciber Greenwood Village CO        3.27        2.20        6.11 49% -64% -46%
Royal Gold Inc Denver CO      57.15      40.15      30.52 42% 32% 87%
Array BioPharma Boulder CO        3.59        2.60        8.42 38% -69% -57%
National CineMedia Centennial CO      15.90      12.00      25.21 33% -52% -37%
Emerald Oil Inc Denver CO        3.18        2.66      11.97 20% -78% -73%
MDC Holdings Denver CO      24.42      23.47      37.13 4% -37% -34%
Intrepid Potash Denver CO      13.45      14.49      50.40 -7% -71% -73%
Bill Barrett Corp Denver CO      15.20      17.74      41.87 -14% -58% -64%
Thompson Creek Metals Denver CO        1.89        2.92      17.11 -35% -83% -89%
Newmont Mining Greenwood Village CO      18.76      38.90      48.83 -52% -20% -62%
Resolute Energy Corp Denver CO        3.48        9.37        9.19 -63% 2% -62%









Average % Change all 60




457% -62% 56%

Colorado is a strongly entrepreneurial State.  In addition to the above 60 Colorado Companies, below here are the 14 Colorado Companies filing Initial Public Offerings (IPOs) since 2009 which have experienced an average stock market price appreciation of a very robust 69% above their initial offering price for the short period of time their common stocks have been trading:








%








Market








Price






10-31-14
Change






Stock
From
IPO
City State

Market Offering Offering
Date Colorado Company IPO HQs
Sector Industry Price Price Price





$ $









11/16/11 Clovis Oncology  Boulder CO Healthcare Biotechnology       59.66 13.00 359%
12/15/11 Bonanza Creek Energy  Denver CO Basic Materials Independent Oil & Gas       45.24 17.00 166%
9/23/10 CoreSite Realty  Denver CO Financial REIT-Office       37.02 16.00 131%
10/26/12 WhiteWave Foods (The)  Denver CO Consumer Goods Food-Major Diversified       37.23 17.00 119%
8/14/13 Envision Healthcare Holdings  Greenwood Village CO Health Care Long-Term Care Facilities       34.95 23.00 52%
5/14/09 DigitalGlobal  Longmont CO Industrial Goods Aerospace/Defense       28.59 19.00 50%
10/2/13 RE/MAX Holdings  Denver CO Financial Property Management       32.00 22.00 45%
7/27/11 American Midstream Partners, LP  Denver CO Utilities Gas Utilities       28.50 21.00 36%
6/28/13 Noodles & Company  Broomfield CO Services Restaurants       22.83 18.00 27%
7/25/12 Natural Grocers by Vitamin Cottage   Lakewood CO Services Grocery Stores       18.11 15.00 21%
10/10/13 Antero Resources  Denver CO Basic Materials Oil&Gas Drilling&Exploration       52.44 44.00 19%
1/31/14 Intrawest Resorts Holdings  Denver CO Services General Entertainment       10.64 12.00 -11%
6/18/14 Century Communities Greenwood Village CO Consumer Goods Homebuilding       18.48 23.00 -20%
4/12/13 Rally Software Development  Boulder CO Technology Application Software       10.22 14.00 -27%










Average % Change all 14





69%

On the Audited Earnings front, there were 44 Colorado Companies with Market Capitalizations now of at least $1 bil each and with annual audited financial statements filed with the SEC covering all years from 2008 to 2013 have done on the earnings front.

The Total Audited Net Income from Continuing Operations of these 44 largest Colorado Companies for the 2 Most Recent Years 2012 and 2013 combined totaled $23.0 bil, an increase of a phenomenal 752% over the $2.7 bil comparable total earnings for the 2 Years 2008 and 2009 combined.

Below here are the Audited Net Income (Losses) of each of these 44 largest Colorado Companies for each of the following six years: 2013, 2012, 2011, 2009 and 2008:




2013 2012 2011 2009 2008 2007



Audited Audited Audited Audited Audited Audited


Most Net Net Net Net Net Net


Recent Income Income Income Income Income Income


FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
Colorado Company HQs
mil $s mil $s mil $s mil $s mil $s mil $s









Liberty Media Englewood Dec 13          8,780          1,160              594              193        (1,552)
Dish Network Englewood Dec 13              837              663          1,522              635              903              756
Western Union Englewood Dec 13              798          1,026          1,165              849              919              857
DaVita HealthCare Partners Denver Dec 13              744              641              591              480              421              429
Liberty Interactive Englewood Dec 13              580          1,591              587              637        (2,289)          1,959
Molson Coors Brewing Denver Dec 13              571              438              675              732              403              525
Cimarex Energy Co Denver Dec 13              565              354              530           (312)           (915)              345
Ball Corp Broomfield Dec 13              435              429              469              388              320              281
Arrow Electronics Englewood Dec 13              400              507              599              124           (614)              411
Whiting Petroleum Denver Dec 13              366              414              492           (107)              252              131
Chipotle Mexican Grill Denver Dec 13              327              278              215              127                78                71
MDC Holdings Denver Dec 13              314                63              (98)                25           (381)           (637)
DCP Midstream Partners LP Denver Dec 13              198              211              193              (11)              178                29
SM Energy Co Denver Dec 13              171              (54)              215              (99)                87              187
Woodward Fort Collins Sep 13              146              142              132                94              122                98
Kodiak Oil & Gas Denver Dec 13              141              132                  4                (3)              (56)              (38)
IHS Inc Englewood Nov 13              132              158              135              135                99                84
Janus Capital Group Denver Dec 13              122              112              153           (744)              147              214
WhiteWave Foods Denver Dec 13                99              113              114                61                66                66
Berry Petroleum Denver Dec 13                93              172           (228)                60              122              127
TeleTech Holdings Englewood Cliffs Dec 13                71                74                78                76                77                56
Bonanza Creek Energy Denver Dec 13                70                45                15           (130)                69              (40)
Royal Gold Inc Denver Jun 14                63                73                98                29                41                25
Air Methods Englewood  Dec 13                62                93                47                29                19                28
MarkWest Energy Partners LP Denver Dec 13                40              217              105           (113)              205              (35)
TW Telecom Littleton Dec 13                36                77                58                28                (7)              (55)
Apartment Investment & Management Denver Dec 13                35              (19)           (136)           (197)           (118)              (46)
CoreSite Realty Denver Dec 13                32                11              (11)                (7)              (14)                  3
Vail Resorts Broomfield Jul 14                28                38                16                36                51              108
Intrepid Potash Denver Dec 13                22                87              109                55              143                30
Envision Healthcare Greenwood Village Dec 13                11                41                34              115                85
Crocs Inc Niwot Dec 13                10              131              113              (42)           (185)              168
EchoStar Englewood Dec 13                  3              211                  4              365           (958)              (85)
UDR Inc Highlands Ranch Dec 13                  2              (46)           (127)              (94)              (62)                45
Spectranetics Colorado Springs Dec 13                (0)                  2                  1              (13)                (4)                  7
DCT Industrial Trust Denver Dec 13                (9)              (29)              (43)              (24)              (13)                  0
Antero Resources Denver Dec 13              (24)              225              271              (60)              (43)
PDC Energy Inc Denver Dec 13              (26)              (22)                23              (81)              109                26
DigitalGlobal Longmont Dec 13              (68)                39              (28)                47                54                96
Clovis Oncology Boulder Dec 13              (85)              (74)              (56)              (17)

Level 3 Communications Broomfield Dec 13           (109)           (422)           (827)           (618)           (318)        (1,146)
Bill Barrett Corp Denver Dec 13           (193)                  1                31                50              105                27
Liberty Global Englewood Dec 13           (882)           (584)           (802)           (100)           (694)           (443)
Newmont Mining Greenwood Village Dec 13        (2,777)          2,194          1,108          2,109          1,147           (580)









Total all 44

       12,131        10,913          8,140          4,707        (2,001)          4,084









Two Year Total Earnings

   




…..2012 and 2013

23,044




…..2008 and 2009

         2,706




......% Increase

752%

On the employment front, Colorado has made exceptional progress with its State Unemployment rate dropping precipitously from 8.3% in October 2009 to only 4.7% in the most recently reported September 2014.

And on the Colorado Non-Profit Hospital Organization front, the gigantic Denver headquartered Catholic Health Initiatives generated a Bottom Line Profit of $634 mil in the most recent fiscal year ended June 30, 2014, a $1.1 billion Profit improvement from its $467 mil Bottom Line Loss in the financial meltdown fiscal year ended June 30, 2009.