Weekly Performance Update On 6 Large Foreign Integrated Oil And Gas Companies

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Includes: BP, E, RDS.A, STO, SU, TOT
by: Power Hedge

The price of crude oil increased by 1.14% over the past week. The overall market also had a very good week, with the S&P 500 climbing over the last week. This had the effect of pushing up the stocks of big oil companies, including those that I follow with these weekly updates. It has not affected all the companies in the same way as there are many other factors that could have some influence over investor behavior. Last week, I was also asked to begin including Italian firm Eni (NYSE:E) into these weekly results and so it makes its debut here in this week's edition. So, without further adieu, here's how the six stocks performed.

Statoil (NYSE:STO) opened at $25.73 on April 23, 2012. The stock closed at $26.71 in after hours trading on April 27, 2012. Stockholders in the company thus saw a gain of $0.98 per ADR share or 3.81% over the week. Statoil opened at $27.03 on March 26, 2012. This gives the stock a four-week loss of $0.32 or 1.20%.

STO 5-Day Chart

Source: Fidelity Investments

STO 4-Week Chart

Source: Fidelity Investments

BP plc (NYSE:BP) opened the week at $41.52. The stock closed at $43.54 in after hours trading on April 27, 2012. This gives BP shareholders a gain of $2.02 or 4.90% over the week. BP opened at $44.64 on April 2. Thus, shareholders of BP stock suffered a loss of $1.10 or 2.46% over the four-week period.

BP 5-Day Chart

Source: Fidelity Investments

BP 4-Week Chart

Source: Fidelity Investments

Total S.A. (NYSE:TOT) opened on April 23, 2012 at $46.74 per share. The stock closed at $48.33 in after hours trading on April 27. Thus, Total shareholders experienced a gain of $1.59 or 3.40% over the week. Total's stock continues to suffer from the Elgin Field natural gas leak in the North Sea. There are indications that the stock's decline related to this has been too great. Total could therefore be significantly undervalued at this price. Total opened on April 2 at $51.92. Thus stockholders have incurred a capital loss of $3.59 or 6.91% over the past four weeks.

TOT 5-Day Chart

Source: Fidelity Investments

TOT 4-Week Chart

Source: Fidelity Investments

Suncor (NYSE:SU) opened on April 23 at $30.66. The stock closed at $32.10 in after hours trading on April 27. This gives the stock a gain of $1.44 or 4.70% for the week. The stock opened on April 2, 2012 at $32.59. Thus, shareholders of Suncor suffered a loss of $0.49 or 1.50% over the four week period. Despite the gain, Suncor shares look significantly undervalued at this level.

SU 5-Day Chart

Source: Fidelity Investments

SU 4-Week Chart

Source: Fidelity Investments

Royal Dutch Shell (NYSE:RDS.A) opened at $67.60 on April 23. The stock closed at $71.22 in after hours trading on Friday, April 27. This gives shareholders a gain of $3.62 or 5.36% for the week. The stock opened at $69.62 on April 2, 2012. Shareholders thus saw a gain of $1.60 per share or 2.30% over the four-week period.

RDS.A 5-Day Chart

Source: Fidelity Investments

RDS.A 4-Week Chart

Source: Fidelity Investments

Eni opened at $42.38 on April 23. The stock closed at $44.86 in after hours trading on Friday, April 27. This gives shareholders a gain of $2.48 or 5.85% for the week. The stock opened at $46.37 on April 2, 2012. Shareholders thus incurred a loss of $1.51 per share or 3.26% over the four-week period.

E 5-Day Chart

Source: Fidelity Investments

E 4-Week Chart

Source: Fidelity Investments

Eni was the best performing stock this week. BP, Suncor, and Royal Dutch Shell also delivered strong performance. Not one of these stocks saw a loss for the week. Royal Dutch Shell remains the best performing stock over the four week period and is the only stock to see a gain in share price over the past four weeks. Total was the worst performing company over the past week. Total was also the worst performing company over the four week period due largely to the sell-off caused by the company's gas leak at the Elgin field in the North Sea. This could be a buying opportunity for Total stock as most indications point to the sell off being too great for the potential damages that could arise from this situation.

Disclosure: I am long BP, SU, STO.

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