Oil & Gas Producers sector monthly seasonality analysis

The 2013 edition of the Almanac looks at the historic monthly performance of the FTSE 350 sectors. Here we look at the Oil & Gas Producers sector.

The following chart plots the average out-performance of the FTSE 350 Oil & Gas Producers sector over the FTSE 100 Index by month since 1999. For example, since 1999 on average the Oil & Gas Producers sector has out-performed the FTSE 100 Index by 2.4 percentage points in March.

Observations:

  1. The strongest months have been March and June – the sector has under-performed the market only three times in March in the last 13 years.
  2. The weakest month has been November – the sector has out-performed the market only six times in march in the last 14 years.

The 13 stocks in the FTSE 350 Oil & Gas Producers sector [NMX0530] are-

Afren [AFR] Ophir Energy [OPHR]
BG Group [BG.] Premier Oil [PMO]
BP [BP.] Royal Dutch Shell [RDSB]
Cairn Energy [CNE] Salamander Energy [SMDR]
EnQuest [ENQ] SOCO International [SIA]
Essar Energy [ESSR] Tullow Oil [TLW]
Heritage Oil Ltd [HOIL]
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