Energy Portfolios: 4 Years, 2 Months: Sustainable Energy up 117.25%, Fossil Fuel Down 33.99%

by L J Furman, MBA on March 5, 2017

in Connecting the Dots, Energy Economics, Solar, Sustainable Investing, Wind Power

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As of the close of trading on February 21, 2016:

  • The hypothetical value of the Fossil Fuel portfolio is down 33.99% overall, from $8.0 Million to $5.28 Million. This is a collapse of -8.16% on an annualized basis.
  • The aggregate Market Captalization of the companies in the Fossil Fuel portfolio, as of the close of trading on March 3, 2017, dropped 8.68%, from $1.089 Trillion to $994.6 Billion.
  • The hypothetical value of the  Sustainable Energy portfolio has more than doubled since Dec. 2012. Up 117.25% overall and 28.14% on an annualized basis, from $8 Million to $17.38 Million.
  • The aggregate Market Capitalization of these companies, as of the close of trading on 3/3/17, increased 114.46%, from $39.58 Billion to $84.88 Billion
  • As of the close of trading on March 3, 2017, the Market Capitalization of the companies in the Sustainable Energy portfolio increased 114.46% from $39.58 Billion to $84.88 Billion.

In Comparison:

  • The Dow Jones Industrial Average is up 58.45% overall and 14.03% on an annualized basis from 13.091 on Dec. 21, 2012 to 20,743 on Feb. 21, 2017.
  • The S&P 500 is up 58.45% overall and 15.69% on an annualized basis, from 1,430 to 2,365.
  • The NASDAQ is up 94.17% overall and 22.60% on an annualized basis, from 3,021 to 5,866.

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. I did not include Tesla (TSLA) in this portfolio.

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 02/21/17 Delta Delta % Annualized
Sustainable Energy 8,000,000 17,379,887 9,379,887 117.25% 28.14%
Fossil Fuel 8,000,000 5,280,552 -2,719,448 -33.99% -8.16%
DJI 13,091 20,743 7,652 58.45% 14.03%
S&P 500 1,430 2,365 935 65.38% 15.69%
NASDAQ 3,012 5,251 2,239 74.34% 17.84%
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 02/21/17 Delta Delta %
1 Cree CREE 34.0 24.3 -9.73 -28.62%
2 First Solar FSLR 31.0 36.6 5.62 18.13%
3 GT Adv. Tech. GTAT 3.0 0.0 -2.98 -99.28%
4 Lighting Science LSCG 0.8 0.1 -0.69 -92.00%
5 Next Era Energy NEE 70.0 128.3 58.26 83.23%
6 Sun Power SPWR 5.4 8.6 3.15 58.01%
7 Solazyme SZYM 8.3 2.2 -6.19 -74.22%
8 Vestas VWS 6.3 74.0 67.69 1072.74%
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 02/21/17 Delta Delta %
1 BP BP 42.1 33.8 -8.29 -19.68%
2 Chevron Texaco CVX 109.7 11.7 -97.99 -89.32%
3 Conoco Philips COP 58.6 48.1 -10.47 -17.87%
4 Exxon Mobil XOM 87.2 81.9 -5.34 -6.12%
5 Royal Dutch Shell RDS.A 69.3 52.5 -16.80 -24.25%
6 Haliburton HAL 34.7 53.8 19.13 55.11%
7 Transocean RIG 45.6 13.5 -32.17 -70.49%
8 Peabody Coal BTU 395.3 2.6 -392.67 -99.35%
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 02/21/17 Delta Delta %
1 Cree CREE 1,000 714 -286 -28.62%
2 First Solar FSLR 1,000 1,181 181 18.13%
3 GT Adv. Tech. GTAT 1,000 7 -993 -99.28%
4 Lighting Science LSCG 1,000 80 -920 -92.00%
5 Next Era Energy NEE 1,000 1,832 832 83.23%
6 Sun Power SPWR 1,000 1,580 580 58.01%
7 Solazyme SZYM 1,000 258 -742 -74.22%
8 Vestas VWS 1,000 11,727 10,727 1072.74%
total 8,000 17,380 9,380 117.25%
Values 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 02/21/17 Amount Per Cent
1 BP BP 1,000 803 -197 -19.68%
2 Chevron Texaco CVX 1,000 107 -893 -89.32%
3 Conoco Philips COP 1,000 821 -179 -17.87%
4 Exxon Mobil XOM 1,000 939 -61 -6.12%
5 Royal Dutch Shell RDS.A 1,000 758 -242 -24.25%
6 Haliburton HAL 1,000 1,551 551 55.11%
7 Transocean RIG 1,000 295 -705 -70.49%
8 Peabody Coal BTU 1,000 7 -993 -99.34%
total 8,000 5,281 -2719 -33.99%
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 03/03/17 Delta Delta %
1 Cree 3.90 2.58 -1.32 -33.85%
2 First Solar 2.69 3.51 0.82 30.48%
3 GT Adv. Tech. 0.36 0.00 -0.353 -98.88%
4 Lighting Science 0.15 0.01 -0.143 -93.46%
5 Next Era Energy 29.60 61.09 31.49 106.39%
6 Sun Power 0.88 1.08 0.2021 23.02%
7 Solazyme 0.52 0.18 -0.3357 -64.72%
8 Vestas 1.48 16.42 14.94 1009.46%
total 39.58 84.877 45.3004 114.46%
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 03/03/17 Delta Delta %
1 BP 133.8 111.23 -22.57 -16.87%
2 Chevron Texaco 214.7 215.32 0.62 0.29%
3 Conoco Philips 71.2 58.60 -12.6 -17.70%
4 Exxon Mobil 397.7 338.47 -59.23 -14.89%
5 Royal Dutch Shell 216.8 219.47 2.67 1.23%
6 Haliburton 32.2 46.70 14.5 45.03%
7 Transocean 16.4 4.81 -11.59 -70.67%
8 Peabody Coal 6.37 0.04 -6.329 -99.36%
total 1089.2 994.64 -94.529 -8.68%
Table 7

The market capitalization data for the Big Oil portion of the Fossil Fuel Portfolio are in Table 8.

Big Oil Portfolio – Market Capitalization
Market Capitalization (Billions)
Item Company 12/21/12 03/03/17 Delta Delta %
1 BP 133.8 111.2 -22.57 -16.87%
2 Chevron Texaco 214.7 215.3 0.62 0.29%
3 Conoco Philips 71.2 58.6 -12.6 -17.70%
4 Exxon Mobil 397.7 338.5 -59.23 -14.89%
5 Royal Dutch Shell 216.8 219.5 2.67 1.23%
total 1034.2 943.1 -91.11 -8.81%
Table 8

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%.
  39. L. Furman, 8/26/15, Energy Portfolios and “The Correction“.
  40. L. Furman, 10/1/15, Energy Portfolios, 2 Years 9 Months: Sustainable up 111.3%, Fossil Fuels DOWN 33.5%.
  41. L. Furman, 10/22/15, Energy Portfolios, 2 Years 10 Months: Sustainable Energy Up 125%, Fossil Fuel DOWN 27%.
  42. L. Furman, 11/23/15, Energy Portfolios, 2 Years 11 Months: Sustainable Energy Up 129%, Fossil Fuel DOWN 29.6%.
  43. L. Furman, 12/22/15, Energy Portfolios, 3 Years: Sustainable Energy up 166.6%, Fossil Fuel DOWN 36.2%
  44. L. Furman, 1/26/16, Energy Portfolios, 3 Years, 1 Month: Sustainable Energy UP 135.6%, Fossil Fuels DOWN 42.8%.
  45. L. Furman, 2/22/16, Energy Portfolios, 3 Years, 2 Months: Sustainable Energy Up 139.5%, Fossil Fuels DOWN 40.7%.
  46. L. Furman, 3/24/16, Energy Portfolios, 3 Years, 3 Months: Sustainable Energy Up 159.7%, Fossil Fuels DOWN 33.2%.
  47. L. Furman, 4/22/16, Energy Portfolios, 3 Years, 4 Months: Sustainable Energy Up 139%, Fossil Fuels DOWN 29.3%.
  48. L. Furman, 5/22/16, Energy Portfolios, 3 Years, 5 Months, Sustainable Energy Up 122%, Fossil Fuels Down 30%.
  49. L. Furman, 8/20/16, Energy Portfolios, 3 Years, 6 Months: Sustainable Energy Up 139%, Fossil Fuels DOWN 29.3%.
  50. L. Furman, 8/20/16, Energy Portfolios, 3 Years, 7 Months: Sustainable Energy Up 125%, Fossil Fuels DOWN 26%.
  51. L. Furman, 8/22/16, Energy Portfolios, 3 Years, 8 Months: Sustainable Energy Up 138%, Fossil Fuels DOWN 27%.
  52. L. Furman, 9/26/16, Energy Portfolios, 3 Years, 9 Months: Sustainable Energy up 133.5%, Fossil Fuels Down 31%.
  53. L. Furman, 10/23/16, Energy Portfolios, 3 Years, 10 Months: Sustainable Energy up 130%, Fossil Fuels Down 26%
  54. L. Furman, 11/25/16, Energy Portfolios, 3 Years, 11 Months: Sustainable Energy up 93%, Fossil Fuels Down 20%
  55. L. Furman, 1/1/17, Energy Portfolios, 4 Years: Sustainable Energy up 130%, Fossil Fuels Down 26%
  56. L. Furman, 1/23/17, Energy Portfolios: 4 Years, 1 Month: Sustainable Energy Effectively Doubled, Fossil Fuels Down 18.3%.
  57. L. Furman, 3/5/17, Energy Portfolios: 4 Years, 2 Months: Sustainable Energy up 117.25%, Fossil Fuel Down 33.99%

A co-founder of Popular Logistics, I hold a BS in Biology, with additional concentrations in Computer Science and Environmental Studies and an MBA in “Managing for Sustainability” from Marlboro College. Available as a speaker and consultant, I can be reached at “Popular Logistics . com” as “L Furman.”

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