Energy Portfolios: 15 Months: Sustainable up 222.6%: Fossil Fuel up 7.3%

by L J Furman, MBA on March 23, 2014

in Connecting the Dots, Energy, Sustainable Investing

Line graph showing valuations of Sustainable and Fossil Fuel Energy Portfolios, not corrected for dividend distributions

On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; Eight in the Sustainable Energy space and eight in the fossil fuel space. The Sustainable Energy portfolio is composed of Cree and Lighting Sciences in the LED space, GTAT, which at the time made solar ovens for cooking PV wafers, and today is diversifying, First Solar and Sunpower in the solar space, Vestas, a wind company, Solazyme a biofuel company and Next Era, a utility. The fossil fuel companies are the oil companies BP, Chevron Texaco, Conoco Phillips, Exxon Mobil and RD Shell, the coal company Peabody Coal, and Haliburton and Transocean, companies in the offshore oil and oil and gas drilling service industries.

The results:

  • The Sustainable Energy Portfolio: Up 222.55% in the last 1 year 3 months.
  • The Fossil Fuel Portfolio: Up 7.8% in the 1 year 3 months.
  • The Dow Jones Industrial Average is up 24.54%.
  • The S&P 500 is up 30.56%.
  • The Fossil Fuel Portfolio dropped from 2/21/14 to 3/21/14.
  • The Fossil Fuel Portfolio continues to dramatically underperform the reference indices.
  • The Sustainable Energy portfolio continues to Tremendously Outperform the averages.
Graph of Sustainable Energy and Fossil Fuel Portfolios, as well as Dow Industrials and S&P 500, 12/21/12 to 3/21/14.

Graph of Sustainable Energy & Fossil Fuel Portfolios, Dow Industrials & S&P 500, 12/21/12 to 3/21/14.

 

PL_Port.14.3bThis does not factor in the value of dividends. Neither does it factor in the value of government subsidies.  The investment universe is limited to US and western European companies. It does not look at the values of Russian, Venezuelan, Iraqui or other fossil fuel companies.

The data are summarized beginning in Table 1, below.

Summary Data
Portfolio 12/21/12 03/21/14 Delta %
Sustainable Energy 8,000,000 25,804,236 17,804,236 222.55%
Fossil Fuel 8,000,000 8,623,985 623,985 7.80%
DJI 13,091 16,303 3,212 24.54%
S&P 500 1,430 1,867 437 30.56%
Table 1

The stock price data for the Sustainable Energy portfolio are in Table 2, below.

Sustainable Energy Portfolio – Stock Prices
Item Company Symbol 12/21/12 03/21/14 Delta Delta %
1 Cree CREE 34.0 60.0 26.03 76.56%
2 First Solar FSLR 31.0 73.4 42.37 136.68%
3 GT Adv. Tech. GTAT 3.0 18.6 15.61 520.33%
4 Lighting Science LSCG 0.8 0.4 -0.36 -48.00%
5 Next Era Energy NEE 70.0 94.6 24.57 35.10%
6 Sun Power SPWR 5.4 33.2 27.72 510.50%
7 Solazyme SZYM 8.3 13.4 5.02 60.19%
8 Vestas VWS 6.3 37.2 30.86 489.06%
Table 2

The stock price data for the Fossil Fuel Portfolio are in Table 3, below.

Fossil Fuel Portfolio – Stock Prices
Item Company Symbol 12/21/12 03/21/14 Delta Delta %
1 BP BP 42.1 46.5 4.39 10.42%
2 Chevron Texaco CVX 109.7 115.6 5.92 5.40%
3 Conoco Philips COP 58.6 67.5 8.86 15.12%
4 Exxon Mobil XOM 87.2 94.3 7.08 8.12%
5 Royal Dutch Shell RDS.A 69.3 71.3 1.97 2.84%
6 Haliburton HAL 34.7 58.1 23.35 67.27%
7 Transocean RIG 45.6 40.4 -5.24 -11.48%
8 Peabody Coal BTU 26.4 15.7 -10.61 -40.27%
Table 3

The valuation data for the Sustainable Energy Portfolio are in Table 4, below.

Sustainable Energy Portfolio – Valuation
    Value Delta
Item Company Symbol 12/21/12 03/21/14 Delta Delta %
1 Cree CREE 1,000 1,766 766 76.56%
2 First Solar FSLR 1,000 2,367 1,367 136.68%
3 GT Adv. Tech. GTAT 1,000 6,203 5,203 520.33%
4 Lighting Science LSCG 1,000 520 -480 -48.00%
5 Next Era Energy NEE 1,000 1,351 351 35.10%
6 Sun Power SPWR 1,000 6,105 5,105 510.50%
7 Solazyme SZYM 1,000 1,602 602 60.19%
8 Vestas VWS 1,000 5,891 4,891 489.06%
total 8,000 25,804 17,804 222.55%
Note that the values are in thousands.
Table 4

The valuation data for the Fossil Fuel Portfolio are in Table 5, below.

Fossil Fuel Portfolio – Valuations
Value Delta
Item Company Symbol 12/21/12 03/21/14 Amount Per Cent
1 BP BP 1,000 1,104 104 10.42%
2 Chevron Texaco CVX 1,000 1,054 54 5.40%
3 Conoco Philips COP 1,000 1,151 151 15.12%
4 Exxon Mobil XOM 1,000 1,081 81 8.12%
5 Royal Dutch Shell RDS.A 1,000 1,028 28 2.84%
6 Haliburton HAL 1,000 1,673 673 67.27%
7 Transocean RIG 1,000 885 -115 -11.48%
8 Peabody Coal BTU 1,000 605 -395 -39.46%
total 8,000 8,582 582 7.28%
Note that the values are in thousands.
Table 5

The market capitalization data for the Sustainable Energy Portfolio are in Table 6.

Sustainable Energy Portfolio
Market Capitalization
Item Company Market Cap
1 Cree 8.8
2 First Solar 5.2
3 GT Adv. Tech. 1.1
4 Lighting Science 0.1
5 Next Era Energy 35.6
6 Sun Power 3.1
7 Solazyme 0.7
8 Vestas 5.8
total 60.39
Table 6

The market capitalization data for the Fossil Fuel Portfolio are in Table 7.

Fossil Fuel Portfolio
Market Capitalization
Item Company Market Cap
1 BP 137.1
2 Chevron Texaco 231.5
3 Conoco Philips 89.3
4 Exxon Mobil 383.4
5 Royal Dutch Shell 211.8
6 Haliburton 50.7
7 Transocean 16.8
8 Peabody Coal 5.1
total 1125.7
Table 7

 

 

Posts in this series

  1. L. Furman, 12/21/12, Popular Logistics Sustainable Energy Portfolio,
  2. L. Furman, 2/8/13, Nega-Watts, Nega-Fuel-Watts, Mega-Bucks,
  3. L. Furman, 2/9/13, Gold Bricks and Sink-Holes – The Risk & Reward of Fossil Fuel, Solar & Wind,
  4. L. Furman, 3/2/13, Sustainable Energy Portfolio UP 16% & Fossil Fuel Portfolio Up 1.7% – Since Dec.21, 2012..
  5. L. Furman, 3/23/13, Portfolio Simulation At 3 Months: Sustainable Energy: Up 22%. Fossil Fuels: 3%.
  6. L. Furman, 4/26/13, Earth Day, 2013. Oil Spills, Explosions, Fracking Business As Usual & The Stock Market Response
  7. L. Furman, 5/13/13, Popular Logistics Energy Portfolios: The Trend Continues.
  8. L. Furman, 6/24/13, Popular Logistics Energy Portfolios: At 6 months
  9. L. Furman, 7/22/13, Popular Logistics Energy Portfolios: Sustainable Energy Doubles. Fossil Fuels increase 5.4%
  10. L. Furman, 8/22/13, Popular Logistics Energy Portfolios: An Exercise in Climate Capitalism
  11. L. Furman, 9/20/13, Energy Portfolios – Investing for the Future
  12. L. Furman, 10/21/13, Sustainable Investing – Green Energy, Green Economy
  13. L. Furman, 11/22/13, Energy Portfolios: Minor Corrections, Overall Results In Line With the Trend
  14. L. Furman, 12/23/13, Energy Portfolios at One Year Sustainable Energy up 140%. Fossil Fuels up 9.85%.
  15. L. Furman, 12/26/13, Energy Portfolios and Reference Indices, 2013 Summary.
  16. L. Furman, 1/22/14, Energy Portfolios: 13 Months, Sustainable Energy up 167.4%, Fossil Fuels up 9.44%.
  17. L. Furman, 2/24/14, Energy Portfolios: 14 Months: Sustainable Energy up 184.4%, Fossil Fuels up 8.7%
  18. L. Furman, 3/23/14, Energy Portfolios: 15 Months: Sustainable Energy up 222.6, Fossil Fuel up 7.3%

I, Larry Furman, an analyst with Popular Logistics, hold a BS and an MBA, am available for consulting in various domains and can be reached at “lfurman97” at G Mail.  My goal in these posts is to present and discuss phenomena which I find interesting and which appear indicative of systemic shifts in the economy. Investments in equities of various companies are risky.  I do NOT hold a “Series 6” or “Series 7” license from the SEC or any similar licensing body. I am NOT a licensed stock broker, investment adviser or financial adviser and this should n0t be considered “Financial Advice” or “Investment Advice.”

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