12-month Performance: +16.3%
As the U.S. continues its quest for energy independence, it will look more and more to domestic energy companies. One such example is Southwestern Energy (NYSE:SWN), which receives all of its revenue from the U.S.
The natural gas company is exploring shale opportunity in Pennsylvania, Texas, Arkansas and Oklahoma. It owns acreage in Canada, but hasn’t started drilling or pumping crude and deferred its capex program there until late 2013.
Earnings for the company are expected to slip some this year, but it should regain that lost ground by 2013. And over the last 12 months, SWN has still managed to climb a rock-solid 16.3%, besting the 14% performance of the broader market.
In fact, the stock jumped double digits earlier this week on rising natural gas prices.