Hart Energy Publishing

Herold: Oil stocks improved significantly in 1999, but not enough

The spot price of West Texas Intermediate pounded the high-flying Dow Jones industrials' gains in 1999, improving 112% to the Dow's 25%, but oil-company stocks were impaled, in contrast. "The group produced returns that can be ...

By Nissa Darbonne
February 29, 2000
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