Energy Portfolios, 20 Months: Sustainable Energy up 229%, Fossil Fuel up 18.4%

by L J Furman, MBA on August 23, 2014

in Carbon, Coal, Connecting the Dots, Deep Economy, Sustainable Investing

PL_Port_1408On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 iMil in the Sustainable Energy space and $8.0 iMil in the fossil fuel space.

  • The Dow Jones Industrial Average is up 30.16 % from 12/21/12.

  • The S&P 500 is up 39.3% from 12/21/12.

  • The Fossil Fuel Portfolio continues to dramatically underperform the reference indices. It is up 18.36% from Dec. 21, 2012 and down 5.67% from July, 2014.

  • The Sustainable Energy portfolio is up 229.19% from Dec. 21, 2012.

PL_Port_1408.AllThe Sustainable Energy portfolio is composed of Cree and Lighting Sciences in the LED space, GT Advanced Technologies, 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 Energy, and Haliburton and Transocean Ltd, companies in the offshore oil and oil and gas drilling service industries. The Sustainable Energy portfolio does not include Tesla and Solar City.

The data are summarized beginning in Table 1, below.

Summary Data
Portfolio 12/21/12 08/21/14 Delta %
Sustainable Energy 8,000,000 26,335,038 18,335,038 229.19%
Fossil Fuel 8,000,000 9,469,177 1,469,177 18.36%
DJI 13,091 17,039 3,948 30.16%
S&P 500 1,430 1,992 562 39.30%
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 08/21/14 Delta Delta %
1 Cree CREE 34.0 45.1 11.07 32.56%
2 First Solar FSLR 31.0 70.7 39.70 128.06%
3 GT Adv. Tech. GTAT 3.0 17.7 14.66 488.67%
4 Lighting Science LSCG 0.8 0.2 -0.56 -74.67%
5 Next Era Energy NEE 70.0 98.0 28.01 40.01%
6 Sun Power SPWR 5.4 37.5 32.04 590.06%
7 Solazyme SZYM 8.3 9.2 0.83 9.95%
8 Vestas VWS 6.3 45.4 39.05 618.86%
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 08/21/14 Delta Delta %
1 BP BP 42.1 48.3 6.15 14.60%
2 Chevron Texaco CVX 109.7 127.9 18.22 16.61%
3 Conoco Philips COP 58.6 81.0 22.38 38.19%
4 Exxon Mobil XOM 87.2 99.3 12.03 13.79%
5 Royal Dutch Shell RDS.A 69.3 79.8 10.50 15.15%
6 Haliburton HAL 34.7 68.3 33.63 96.89%
7 Transocean RIG 45.6 38.7 -6.97 -15.27%
8 Peabody Coal BTU 26.4 16.3 -10.03 -38.06%
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 08/21/14 Delta Delta %
1 Cree CREE 1,000 1,326 326 32.56%
2 First Solar FSLR 1,000 2,281 1,281 128.06%
3 GT Adv. Tech. GTAT 1,000 5,887 4,887 488.67%
4 Lighting Science LSCG 1,000 253 -747 -74.67%
5 Next Era Energy NEE 1,000 1,400 400 40.01%
6 Sun Power SPWR 1,000 6,901 5,901 590.06%
7 Solazyme SZYM 1,000 1,100 100 9.95%
8 Vestas VWS 1,000 7,189 6,189 618.86%
total 8,000 26,335 18,335 229.19%
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 08/21/14 Amount Per Cent
1 BP BP 1,000 1,146 146 14.60%
2 Chevron Texaco CVX 1,000 1,166 166 16.61%
3 Conoco Philips COP 1,000 1,382 382 38.19%
4 Exxon Mobil XOM 1,000 1,138 138 13.79%
5 Royal Dutch Shell RDS.A 1,000 1,152 152 15.15%
6 Haliburton HAL 1,000 1,969 969 96.89%
7 Transocean RIG 1,000 847 -153 -15.27%
8 Peabody Coal BTU 1,000 628 -372 -37.23%
total 8,000 9,427 1,427 17.84%
Note that the values are in thousands.
Table 5

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

Sustainable Energy Portfolio
Market Capitalization
Item Company Market Cap
1 Cree 6.1
2 First Solar 6.3
3 GT Adv. Tech. 2.0
4 Lighting Science 0.1
5 Next Era Energy 43.0
6 Sun Power 6.7
7 Solazyme 0.7
8 Vestas 10.3
total 75.16
Table 6

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

Fossil Fuel Portfolio
Market Capitalization
Item Company Market Cap
1 BP 156.3
2 Chevron Texaco 249.9
3 Conoco Philips 103.8
4 Exxon Mobil 442.6
5 Royal Dutch Shell 261.7
6 Haliburton 60.0
7 Transocean 15.6
8 Peabody Coal 4.2
total 1294.1
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%
  19. L. Furman, 4/22/14, Energy Portfolios, 16 Months: Sustainable Energy up 204.25%, Fossil Fuel up 15.38%
  20. L. Furman, 5/21/14, Energy Portfolios, 17 Months: Sustainable Energy up 211.6%, Fossil Fuels up 18.5%
  21. L. Furman, 6/24/14, Energy Portfolios, 18 Months: Sustainable Energy up 257%, Fossil Fuels up 24.6%
  22. L. Furman, 6/26/14, Energy Portfolios: 18 Months, Analysis
  23. L. Furman, 7/22/14, Energy Portfolios: 19 Months: Sustainable Energy up 222%, Fossil Fuels up 25%
  24. L. Furman, 8/23/14, Energy Portfolios: 20 Months: Sustainable Energy up 229%, Fossil Fuels up 18.4%

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 NOThold 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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