Business Insider analyzed the value dynamics of the stocks of companies included in the S&P 500 Index (the largest capitalized US public corporations), and came up with a rating of the most profitable.
The past 2022 has been a difficult year for most investors in the stock market, with the S&P 500 ending the year down 20% due to inflation and rising interest rates.
But there were companies that emerged victorious in 2022, mainly in the energy sector, which is expected given the growth in raw materials.
Events around the world have led to record profits for oil companies like Exxon Mobil or Occidental Petroleum, for example.
The latter was heavily invested in 2022 by billionaire Warren Buffett through his company Berkshire Hathaway.
Buffett also owns a stake in Chevron, which is the 17th best-performing company in the S&P 500 (up about 50% in 2022).
The energy sector ended the year with an average growth of 56%, being the only one that showed positive dynamics in the year.
Meanwhile, about 70% of S&P 500 companies posted negative returns, which makes energy stocks so strong.
Combined, the top 10 stocks in the S&P 500 added a total of $357 billion in market value in 2022.
At the same time, for the stocks that lost the most in price in the last year, the cumulative decline in market value reaches $1.6 trillion! The “losers” included, among others, Tesla, Meta Platforms (recognized as extremist and banned in the Russian Federation), and PayPal.
Here’s a ranking of the most successful S&P 500 companies in 2022.
- 10 Valero Energy
Yield: 68.1%
Market value growth: $18.1 billion
- 9 halliburton
Yield: 70.0%
Market value growth: $15.0 billion
- 8.First lot
Yield: 70.7%
Market value growth: $6.4 billion
- 7.APA
Yield: 70.7%
Market value growth: $5.6 billion
- 6 Schlumbergers
Yield: 76.7%
Market value growth: $33.5 billion
- 5 ExxonMobil
Yield: 78.5%
Market value growth: $192.8 billion
- 4 oil marathon
Yield: 81.6%
Market value growth: $20.8 billion
- 3.Hess
Yield: 90.3%
Market value growth: $20.6 billion
- 2 constellation energy
Yield: 106.6%
Market value growth: $14.2 billion
- 1. Occidental Petroleum
Yield: 114.8%
Market value growth: $29.8 billion
Author:
Ekaterina Alipova
Source: RB
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
