|“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.
|Up/down potential, %|
|BKR||Baker Hughes Company||25.15||-67||-50||-90|
|COG||Cabot Oil & Gas Corporati||19.20||-22||-19||-55|
|CVX||Chevron Corporation||103.31||premium content|
|CXO||Concho Resources Inc||0.00||n/a||n/a||n/a|
|DVN||Devon Energy Corporation||22.27||premium content|
|EOG||EOG Resources, Inc.||72.37||premium content|
|FANG||Diamondback Energy, Inc.||73.80||premium content|
|FTI||TechnipFMC plc||7.59||premium content|
|HAL||Halliburton Company||22.27||premium content|
|HES||Hess Corporation||68.80||premium content|
|HFC||HollyFrontier Corporation||38.45||premium content|
|HP||Helmerich & Payne, Inc.||29.38||premium content|
|Up/down potential, %|
|KMI||Kinder Morgan, Inc.||15.72||-76||-10||49|
|MPC||Marathon Petroleum Corpor||56.65||-49||15||50|
|MRO||Marathon Oil Corporation||11.84||9||62||-327|
|NBL||Noble Energy Inc||0.00||n/a||n/a||n/a|
|NOV||National Oilwell Varco, I||15.87||premium content|
|OKE||ONEOK, Inc.||46.71||premium content|
|OXY||Occidental Petroleum Corp||28.16||premium content|
|PSX||Phillips 66||87.25||premium content|
|PXD||Pioneer Natural Resources||150.06||premium content|
|SLB||Schlumberger Limited||29.41||premium content|
|VLO||Valero Energy Corporation||78.16||premium content|
|WMB||Williams Companies, Inc.||23.91||premium content|
|XOM||Exxon Mobil Corporation||56.70||premium content|