Thursday, September 8, 2022

The 68 Texas Cos With Stock Market Caps Above $10 Bil Saw Their Total Audited Annual Earnings Increase By a Completely Off-the-Charts 325% in 2021, the Biden Admin's First Full Year in Office. Then During the Trump Admin's Four Years in Office, These Total Earnings Flat-Out Collapsed Declining in Total By 205% or By 51% Per Year. And Then During the Obama Admin's Eight Years in Office, These Total Earnings Declined in Total By 17% or By 2% Per Year, Driven By the Historically High Oil & Gas Prices in 2008.

From a review of companiesmarketcap.com, of valuetoday.com, of the Google Finance website and of Company SEC filings, there were 68 Texas Companies with stock markets caps above $10 Bil sometime during the month of August 2022.  

From Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these 68 largest Texas Companies for 2021, the Biden Administration's first year in office, for 2020, the Trump Administration's last year in office, for 2016, the Obama Administration's last year in office and for 2008, the Bush Administration's last year in office.