Portfolio of Bakken Formation Oil and Gas Stocks
Here are 10 stocks that have oil and gas drilling operations in the Bakken Formation that is located in North Dakota and Montana.
|10 Bakken Shale Oil and Gas Stocks|
Stock & Price Chart
Recent Prices &
|Marathon Oil Corporation||MRO|
|Whiting Petroleum Corporation||WLL|
|Price data from Quandl as of today.|
The 8 stocks included in the portfolio
computations are: CLR, ERF, EOG, HK, HES, MRO, SM and WLL. The current value of the portfolio assumes that $1,250.00 was invested (total of $10,000) in each stock at its closing monthly price for the current date in 2009. All prices are adjusted for splits and dividends. OAS and QEP were excluded from the portfolio computations because of insufficient price data.
To inspect the performance of the Bakken Shale Oil and Gas Stocks portfolio, see the chart of portfolio below. Portfolio values are computed using monthly closes for stocks from Quandl.
The current value of a $10,000 investment is $20,089. The percent return is 100.89%. The annualized return is 7.22%.