Publicly Traded Energy Companies Show little Change In Equity Prices In First Quarter

摘要

With a few exceptions, the 40 energy companies making up Pipeline & Gas Journal's Energy Industry Index showed little change in stock prices for the first quarter of 2000. Six of the companies showed a greater than 10 percent increase in equity value while only one showed a drop of greater than 10 percent of stock price from the beginning of the year to the end of the quarter. Four of the companies showing increases were in the pipeline/marketing area of the energy business. Coastal, Dynegy, Enron and Williams were the gainers. The other two were an oilfield service company, Schlumberger, and a relatively large independent producer, Apache. Only one company, CMS Energy, showed a loss greater than 10 percent.