S&P 500 Energy

“Buy” - “Sell” 6-year average, %/year (annualized from 3-month gains):+14.1%

These are annualized average 3-month performance results for annual and quarterly financial statements dates falling into a particular calendar year. The performance for the last in the calendar year statement is actually measured in the following year, but is “drawn back” for inclusion into the calendar year under consideration.

The valuation model performance presented on the chart consists of two lines. The green line shows the actual average performance in different years of all stocks in the stock index that were rated by our valuation model (called “Intrinsic value” in the stock table below) as “buy” and “strong buy”. The red line - those rated as “sell” and “strong sell”.

Such performance would be reflective of the performance of two portfolios: one including only “buy” stocks in the index, and another consisting only of sell stocks, with investment decisions taken upon publishing of financial statements for each individual stock in the index.

Though these performances are actual, they are the product of backtesting. That means that if we tweak our stock valuation model, the past performance also changes. The benefit of this is that you always see actual part performance of the current version of the stock valuation model.

TickerCompany NameStock
price, $
Up/down potential, %
Intrinsic
value
Graham
-Dodd
Graham
formula
APAApache Corporation20.81-52-226349
BKRBaker Hughes Company25.15-67-50-90
COGCabot Oil & Gas Corporati19.20-22-19-55
COPConocoPhillips54.67premium content
CVXChevron Corporation103.31premium content
CXOConcho Resources Inc0.00n/an/an/a
DVNDevon Energy Corporation22.27premium content
EOGEOG Resources, Inc.72.37premium content
FANGDiamondback Energy, Inc.73.80premium content
FTITechnipFMC plc7.59premium content
HALHalliburton Company22.27premium content
HESHess Corporation68.80premium content
HFCHollyFrontier Corporation38.45premium content
HPHelmerich & Payne, Inc.29.38premium content
TickerCompany NameStock
price, $
Up/down potential, %
Intrinsic
value
Graham
-Dodd
Graham
formula
KMIKinder Morgan, Inc.15.72-76-1049
MPCMarathon Petroleum Corpor56.65-491550
MROMarathon Oil Corporation11.84962-327
NBLNoble Energy Inc0.00n/an/an/a
NOVNational Oilwell Varco, I15.87premium content
OKEONEOK, Inc.46.71premium content
OXYOccidental Petroleum Corp28.16premium content
PSXPhillips 6687.25premium content
PXDPioneer Natural Resources150.06premium content
SLBSchlumberger Limited29.41premium content
VLOValero Energy Corporation78.16premium content
WMBWilliams Companies, Inc. 23.91premium content
XOMExxon Mobil Corporation56.70premium content