February 2011

Trends and Resources

HP Impact: Energy stocks outperformed market indices in 2010

Despite a poor start, 2010 finished as a “wonderful year” for energy investors, with more than 65% of oil and gas stocks delivering positive returns last year, according to a report from IHS..

Thinnes, Billy, Hydrocarbon Processing Staff

Despite a poor start, 2010 finished as a “wonderful year” for energy investors, with more than 65% of oil and gas stocks delivering positive returns last year, according to a report from IHS Herold. Driven by economic growth, crude prices, which hit bottom in late May 2010 at around $65 per barrel, rose steadily and consistently through the second half of the year, and took oil company shares with them. The median gain for the 503 stocks covered in the report was 21%, which, while it did not match the record-setting 59% gain posted in the 2009 IHS report, did outperform the market indices of nearly all Organization for Economic Cooperation and Development (OECD) countries. Total c

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