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Crude oil prices declined slowly over the past week. There was not the volatility that is expected in today's market. This is in stark contrast to the S&P 500 which did indeed display significant volatility. The S&P started the week by climbing on Monday and Tuesday, reaching its intra-week high on Tuesday. From there, it declined overall for the remainder of the week with the occasional correction. However, the actual closing price for the index for the week was almost identical to the week's opening price. This has all had an effect on the six oil companies that I track in these weekly updates.

Statoil (NYSE:STO) opened at $23.23 on June 18, 2012. The stock closed at $22.71 in after hours trading on June 22, 2012. Stockholders in the company thus incurred a loss of $0.52 per ADR share or 2.24% over the week. Statoil opened at $23.34 on May 29, 2012. This gives the stock a trailing four-week loss of $0.63 or 2.70%. The company's stock has been relatively flat over the last several weeks despite Statoil having great success at both increasing production and finding large new discoveries. The market does not appear to be considering this and is making the company look considerably undervalued.

STO 5-Day Chart

Source: Fidelity Investments

STO 4-Week Chart

Source: Fidelity Investments

BP plc (NYSE:BP) opened the week at $39.58. The stock closed at $38.38 in after hours trading on June 18. This gives BP shareholders a paper loss of $1.20 or 3.13% over the week. BP opened at $38.20 on May 29. Thus, shareholders of BP stock witnessed a gain of $0.18 or 0.47% over the trailing four-week period.

BP 5-Day Chart

Source: Fidelity Investments

BP 4-Week Chart

Source: Fidelity Investments

Total S.A. (NYSE:TOT) opened on June 18, 2012 at $43.76 per share. The stock closed at $43.36 in after hours trading on June 22. This gives ADR shareholders a loss of $0.40 or 0.91% for the week. Total opened on May 29 at $44.14. Thus, stockholders have seen a loss of $0.78 or 1.77% over the past four weeks. Total went ex-dividend on June 13, 2012. Shareholders as of this date will receive a dividend of approximately $0.767 per share. When the dividend is considered, Total shareholders have seen a loss of approximately $0.013 or 0.02% over the trailing four-week period.

TOT 5-Day Chart

Source: Fidelity Investments

TOT 4-Week Chart

Source: Fidelity Investments

Suncor (NYSE:SU) opened on June 18 at $28.00. The stock closed at $27.59 in after hours trading on June 22. This gives the stock a loss of $0.41 or 1.46% for the week. The stock opened on May 29, 2012 at $28.35. Thus, Suncor stock has seen a loss of $0.76 or 2.68% over the trailing four week period. Suncor went ex-dividend on May 31. Shareholders as of that date will receive a dividend of $0.13 per share. Thus, Suncor's trailing four-week return was a loss of $0.63 per share or 2.22% when the dividend is considered.

SU 5-Day Chart

Source: Fidelity Investments

SU 4-Week Chart

Source: Fidelity Investments

Royal Dutch Shell (NYSE:RDS.A) opened at $66.70 on June 18. The stock closed at $65.80 in after hours trading on Friday, June 22. This gives shareholders a loss of $0.90 or 1.35% for the week. The stock opened at $63.34 on May 29, 2012. Shareholders thus witnessed a capital gain of $2.46 per share or 3.88% over the four-week period.

RDS.A 5-Day Chart

Source: Fidelity Investments

RDS.A 4-Week Chart

Source: Fidelity Investments

Eni (NYSE:E) opened at $40.41 on June 18. The stock closed at $40.71 in after hours trading on Friday, June 22. This gives shareholders a gain of $0.30 or 0.74% for the week. This gain makes Eni the only one of these six stocks to show a positive return over the past week. The stock opened at $39.30 on May 29, 2012. Shareholders thus experienced a gain of $1.41 per share or 3.59% over the trailing four-week period.

E 5-Day Chart

Source: Fidelity Investments

E 4-Week Chart

Source: Fidelity Investments

Eni was the best performing stock out of these six over the past week and it was the only one of the companies to see a share price gain. Total had the smallest loss of the remaining stocks. Royal Dutch Shell was the best performing stock over the trailing four-week period with Eni in a very close second place. BP was the worst performing stock over the past week. Surprisingly, Statoil was the worst performing stock of these six over the trailing four-week period. Suncor took second place for the worst performing stock. BP, Royal Dutch Shell, and Eni all saw gains over the trailing four-week period and the remainders each took a loss. Overall, the fall in oil prices that has been going on recently has had harsh negative effects on the stocks of these companies.

Disclosure: I am long STO, BP, SU.

Source: Weekly Performance Update On 6 Foreign Integrated Oil And Gas Stocks