On October 31, 2014, the average stock market prices of the 18 Louisiana Companies, 7 of which are Oil & Gas Related Companies, had increased 307% from March 6, 2009. On the most recent date March 17, 2015, this average stock market price increase from March 6, 2009, six years ago, for these same Louisiana Companies, 7 of which are Oil & Gas Related Companies, had dropped precipitously to 253%.
I would find it hard to believe that the US Federal Reserve would contemplate raising interest rates when you have the key Oil & Gas Industry, especially the smaller Oil & Gas Companies which are growing like weeds given so many larger ones imploding, being devastated financially like they clearly are presently.....and also when you have the very significant economic spillover effects to the many Texas, Oklahoma and Louisiana Non-Oil & Gas Companies that has occurred in the past four and a half months. Also, from my stock pricing, I can see that many small and medium-sized Oil & Gas Companies in US States other than Texas, Oklahoma and Louisiana have also experienced their stock market prices flat-out collapsing in the most recent four and a half months.
Below here are the 18 Louisiana Headquartered Companies with Stock Market Caps now above $100 mil and which have had their common stocks trading from December 31, 2007, or early in 2008 for companies first going public then, through the most recent date March 17, 2015, or the date the Companies were sold, if they were sold since the beginning of 2014.
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 | |||
Louisiana Company | HQs | 3-17-15 | 3-6-09 | 12-31-07 | 3-17-15 | 3-6-09 | 3-17-15 | |
$s | $s | $s | ||||||
Lamar Advertising | Baton Rouge | LA | 58.53 | 5.59 | 48.07 | 947% | -88% | 22% |
Globalstar | Covington | LA | 3.30 | 0.37 | 8.00 | 792% | -95% | -59% |
Stone Energy Corp | Lafayette | LA | 14.71 | 1.81 | 46.91 | 713% | -96% | -69% |
Pool Corp | Covington | LA | 69.71 | 11.59 | 19.83 | 501% | -42% | 252% |
H&E Equipment Services | Baton Rouge | LA | 23.67 | 4.95 | 18.88 | 378% | -74% | 25% |
Albemarle | Baton Rouge | LA | 52.49 | 16.17 | 41.25 | 225% | -61% | 27% |
Amerisafe Inc | DeRidder | LA | 41.98 | 13.80 | 15.51 | 204% | -11% | 171% |
Teche Holding Co | New Iberia | LA | 71.82 | 26.70 | 37.75 | 169% | -29% | 90% |
Gulf Island Fabrication | Houma | LA | 13.75 | 5.44 | 31.71 | 153% | -83% | -57% |
PHI Inc | Lafayette | LA | 30.06 | 13.03 | 31.60 | 131% | -59% | -5% |
LHC Group | Lafayette | LA | 32.51 | 17.16 | 24.98 | 89% | -31% | 30% |
Hornbeck Offshore Services | Covington | LA | 19.37 | 10.73 | 44.95 | 81% | -76% | -57% |
Midsouth Bancorp | Lafayette | LA | 14.72 | 8.25 | 23.30 | 78% | -65% | -37% |
IberiaBank | Lafayette | LA | 63.87 | 38.39 | 46.75 | 66% | -18% | 37% |
CenturyLink | Monroe | LA | 35.13 | 24.09 | 41.46 | 46% | -42% | -15% |
PetroQuest Energy Inc | Lafayette | LA | 2.04 | 1.80 | 14.30 | 13% | -87% | -86% |
Amedisys | Baton Rouge | LA | 27.19 | 26.41 | 48.52 | 3% | -46% | -44% |
Tidewater | New Orleans | LA | 22.80 | 32.07 | 54.86 | -29% | -42% | -58% |
Average % Change all 18 Louisiana Companies | 253% | -58% | 9% |