Energy Portfolios, 2 years 8 months Sustainable Energy Up 103%, Fossil Fuel DOWN 34%

PLPort.1508On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 Million in the Sustainable Energy space and $8.0 Million in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space,

  • The Fossil Fuel portfolio is now worth $5.26 Million, down 34.28% overall, 12.85% on an annualized basis.
  • The Sustainable Energy portfolio is now worth $16.2 Million, up 102.6%, 38.48% on an annualized basis.
  • The Dow Jones Industrial Average is up 25.74%, 9.65% on an annualized basis, from 13,091 on 12/21/12 to close at 16,460 on 8/21/15.
  • The S&P 500 is up 37.8%, from 1,430 to close at 1,971 on 8/21/15.
  • The Fossil Fuel and Sustainable Energy portfolios, like the indices, are down in the last month.

The conclusion, that investors are moving away from Fossil Fuels and into Sustainable Energy, seems logical, if not obvious.

The Sustainable Energy portfolio is composed of Cree (CREE) and Lighting Sciences (LSCG) in the LED space, GT Advanced Tech (GTAT), which at the time made solar ovens for cooking PV wafers. First Solar (FSLR) and Sunpower Corp. (SPWR) in the solar space, Vestas (VWSYF), a wind company, Solazyme (SZYM) a biofuel company and Next Era Energy (NEE), a utility.

The fossil fuel companies are the oil companies British Petroleum (BP), Chevron Texaco (CVX), Conoco Phillips (COP), Exxon Mobil (XOM) and RD Shell (RDS.A), the coal company Peabody Coal (BTU), and Haliburton (HAL) and Transocean (RIG), companies in the offshore oil and oil and gas drilling service industries.

The data are summarized beginning in Table 1, below.

Summary Data
Portfolio 12/21/12 08/21/15 Delta % Annualized
Sustainable Energy 8,000,000 16,208,418 8,208,418 102.61% 38.48%
Fossil Fuel 8,000,000 5,257,982 -2,742,018 -34.28% -12.85%
DJI 13,091 16,460 3,369 25.74% 9.65%
S&P 500 1,430 1,971 541 37.83% 14.19%
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 08/21/15 Delta Delta %
1 Cree CREE 34.0 25.5 -8.55 -25.15%
2 First Solar FSLR 31.0 45.5 14.47 46.68%
3 GT Adv. Tech. GTAT 3.0 0.1 -2.92 -97.43%
4 Lighting Science LSCG 0.8 0.2 -0.60 -79.33%
5 Next Era Energy NEE 70.0 107.0 36.96 52.80%
6 Sun Power SPWR 5.4 21.7 16.29 300.00%
7 Solazyme SZYM 8.3 2.1 -6.24 -74.82%
8 Vestas VWS 6.3 50.4 44.05 698.10%
Note that GTAT is currently in bankruptcy protection.
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 08/21/15 Delta Delta %
1 BP BP 42.1 33.2 -8.92 -21.18%
2 Chevron Texaco CVX 109.7 75.8 -33.94 -30.94%
3 Conoco Philips COP 58.6 45.4 -13.21 -22.54%
4 Exxon Mobil XOM 87.2 72.1 -15.11 -17.32%
5 Royal Dutch Shell RDS.A 69.3 52.5 -16.78 -24.22%
6 Haliburton HAL 34.7 35.7 1.02 2.94%
7 Transocean RIG 45.6 12.8 -32.85 -71.98%
8 Peabody Coal BTU 26.4 1.8 -24.58 -93.28%
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 08/21/15 Delta Delta %
1 Cree CREE 1,000 749 -251 -25.15%
2 First Solar FSLR 1,000 1,467 467 46.68%
3 GT Adv. Tech. GTAT 1,000 26 -974 -97.43%
4 Lighting Science LSCG 1,000 207 -793 -79.33%
5 Next Era Energy NEE 1,000 1,528 528 52.80%
6 Sun Power SPWR 1,000 4,000 3,000 300.00%
7 Solazyme SZYM 1,000 252 -748 -74.82%
8 Vestas VWS 1,000 7,981 6,981 698.10%
total 8,000 16,208 8,208 102.61%
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 08/21/15 Amount Per Cent
1 BP BP 1,000 788 -212 -21.18%
2 Chevron Texaco CVX 1,000 691 -309 -30.94%
3 Conoco Philips COP 1,000 775 -225 -22.54%
4 Exxon Mobil XOM 1,000 827 -173 -17.32%
5 Royal Dutch Shell RDS.A 1,000 758 -242 -24.22%
6 Haliburton HAL 1,000 1,029 29 2.94%
7 Transocean RIG 1,000 280 -720 -71.98%
8 Peabody Coal BTU 1,000 68 -932 -93.19%
total 8,000 5,216 -2,784 -34.80%
Values in thousands.
Table 5

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

Sustainable Energy Portfolio
Market Capitalization (Billions)
Item Company 12/21/12 08/21/15
1 Cree 3.90 2.78
2 First Solar 2.69 4.57
3 GT Adv. Tech. 0.36 0.00
4 Lighting Science 0.15 0.00
5 Next Era Energy 29.60 48.30
6 Sun Power 0.88 2.96
7 Solazyme 0.52 0.17
8 Vestas 1.48 11.93
total 39.58 70.71
Table 6

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

Fossil Fuel Portfolio – Market Capitalization
Market Capitalization (Billions)
Item Company 12/21/12 08/21/15
1 BP 133.8 102.43
2 Chevron Texaco 214.7 142.56
3 Conoco Philips 71.2 55.99
4 Exxon Mobil 397.7 300.74
5 Royal Dutch Shell 216.8 166.68
6 Haliburton 32.2 30.51
7 Transocean 16.4 4.84
8 Peabody Coal 6.37 0.50
total 1089.2 804.25
Table 7

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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%
  25. L. Furman, 8/29 /14, Energy Portfolios: 20 Months: Conclusion & Observations
  26. L. Furman, 10/1/14, The Paradigm Is Shifting; Fossil Fuels Are Becoming Fossils
  27. L. Furman, 10/7/14, Cree: Strong Financials, But …
  28. L. Furman, 10/21/14, Energy Portfolios: 22 Months: Sustainable Energy Up But Dropping.
  29. L. Furman, 11/27/14, Energy Portfolios: 23 Months: Sustainable Energy DOUBLED, Fossil Fuel Down (slightly).
  30. L. Furman, 12/28/14, Energy Portfolios: 24 Months: Sustainable Energy Up 91%, Fossil Fuel DOWN 10%.
  31. L. Furman, 1/27/15, Energy Portfolios: 2 Years, 1 Month, Sustainable Up 85%, Fossil Fuels DOWN 15%
  32. L. Furman, 2/23/15, Energy Portfolios: 2 Years, 2 Months, Sustainable Up 109%, Fossil Fuels DOWN 12%.
  33. L. Furman, 3/21,15, Energy Portfolios, 2 Years 3 Months: Sustainable up 128%, Fossil Fuel DOWN 16%.
  34. L. Furman, 4/21/15, Energy Portfolios, 2 Years 4 Months: Sustainable up 138%, Fossil Fuel DOWN 12%.
  35. L. Furman, 5/21/15, Energy Portfolios, 2 Years 5 Months: Sustainable up 137%, Fossil Fuel DOWN 13.7%.
  36. L. Furman, 6/21/15, Energy Portfolios, 2 Years 6 Months: Sustainable up 128%, Fossil Fuel DOWN 18%.
  37. L. Furman, 7/23/15, Energy Portfolios, 2 Years 7 Months: Sustainable up 121%, Fossil Fuel DOWN 24%.
  38. L. Furman, 8/22/15, Energy Portfolios, 2 Years 8 Months: Sustainable up 102%, Fossil Fuel DOWN 34.3%.

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An analyst with Popular Logistics, I hold a BS and an MBA in “Managing for Sustainability” from Marlboro College, and over 20 years experience in Information Technology. Available as a speaker and consultant, I can be reached at “L Furman” at Popular Logistics . com”.  Investments in equities of various companies are risky.  I do NOT hold a “Series 6″ or “Series 7″ license from the SEC or any comparable license from any other 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.”