- Published: 25 April 2010
- Written by sandihop
Energy Commentary from Karl Miller - Read Bio and More info
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April 26, 2010
Delta B.C. - April 26, 2010 (Investorideas.com energy newswire) - www.InvestorIdeas.com, a leading investor research portal covering multiple sectors including energy, reports on the market performance of Senior energy executive and institutional investor Karl W. Miller’s portfolio compared to the S&P.
Senior energy executive and institutional investor Karl W. Miller disclosed his model energy portfolio, "Charitable Energy Stocks" on January 27, 2010 at Investorideas.com. See weblink: http://www.naturalgasstocks.com/Karl_Miller/news/1281.asp
Mr. Miller invites investment professionals to review how energy investors could have fared if they purchased the stocks in his Energy Portfolio and on January 27, 2010 and held them until April 23, 2010, excluding dividends and any portfolio re-positioning Mr. Miller recommended at Investorideas.com during this time period.
Mr. Miller, known for his acumen on market timing and value investing in the energy sector as one of the leading energy investors, matched the Standard and Poors Index exactly on his pure stock portfolio, without factoring in the use of any options, at 11% average return.
If investors factor the dividends and portfolio repositioning recommended by Mr. Miller during this time period, investors would have realized in excess of a twenty percent (20%) return in approximately ninety (90) days of invested capital at risk in the market.
For further detail on the portfolio repositioning we refer to Mr. Miller's recommendation that investors "Take Profits Across the Board" on April 7, 2010 at Investorideas.com
See Weblink: http://www.naturalgasstocks.com/Karl_Miller/news/4071.asp
Then Mr. Miller advised that investors that "Now is time to take advantage of oversold market conditions and lower overall energy portfolio costs by purchasing energy equities now" on April 16, 2010.
See Weblink: http://www.naturalgasstocks.com/Karl_Miller/news/4161.asp
*Mr. Miller does not disclose his portfolio repositioning activities to Investorideas.com, but has advised that his model energy portfolio has not changed and is listed below with the performance results had investors simply purchased and held the securities listed for the time period mentioned.
Company
Exchange
Settle 1/27/2010
Settle 4/23/2010
Percentage Gain/Loss
ANADARKO PETROLEUM
NYSE
$64.98
74.11
14%
APACHE CORP
NYSE
$ 101.40
$ 109.87
8%
CHESAPEAKE ENERGY CORP
NYSE
$ 25.93
$ 24.89
-4%
CHEVRON CORPORATION
NYSE
$73.70
$ 82.67
12%
DEVON ENERGY CORP
NYSE
$ 69.35
$ 70.04
1%
EL PASO CORP
NYSE
$ 10.62
$ 12.51
18%
EOG RESOURCES INC
NYSE
$ 92.39
$ 113.72
23%
EXXON MOBIL CORP
NYSE
$ 65.54
$ 69.24
6%
MARATHON OIL CORP
NYSE
$ 30.37
$ 33.08
9%
MCDERMOTT INTERNATIONAL INC
NYSE
$ 23.12
$28.70
24%
OCCIDENTAL PETROLEUM
NYSE
$ 76.43
$ 87.48
14%
WILLIAMS COMPANIES INC
NYSE
$ 21.98
$ 24.50
11%
XTO ENERGY INC
NYSE
$ 45.41
$ 48.61
7%
Mr. Miller's Average Portfolio Return
11%
S&P Return
1,097.00
1,217.00
11%
Mr. Miller has a long history in the global energy business and has held a variety of executive management positions both within the United States, Europe and Asia. Mr. Miller has bid on over $25 billion in energy related assets during his career.
Mr. Miller has built, restructured and managed energy businesses for major public energy companies on several continents, including PG&E Corporation, Electricite de France, El Paso Energy, Enron Corporation and JPMorgan Chase
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Source - Investorideas.com
This column, Energy Commentary from Karl Miller, is the opinion of Karl Miller. Content found in the articles is subject to the terms found in the InvestorIdeas.com disclaimer and does not represent a recommendation of investment advice by Mr. Miller. Investors should seek the advice of a qualified investment professional prior to making any investment decisions.
U.S. Utilities and Natural Gas producers are the best "Safe Haven" after U.S. Treasuries Plus You Collect a Dividend, Not Zero Percent Interest Rate" at the following link: http://www.naturalgasstocks.com/Karl_Miller/news/2046.asp
Published at the Investor Ideas Newswire