Rigzone
Investments by U.S. university endowments in U.S. oil and gas company stocks produced the highest returns for endowments for at least the last decade, according to a recent study conducted for the American Petroleum Institute (API).
Oil and gas company stocks outperformed endowment funds and the Standard & Poor's 500, achieving returns of 52.8 percent in fiscal year (FY) 2010-2011, 7.9 percent in the last five-year period (FY2006-2011) and 11.5 percent in the FY 2001-2011 period, the study found. READ MORE
Link to the study: http://www.api.org/news-and-media/news/newsitems/2013/jan-2013/~/media/Files/News/2012/12-December/API-report-industry-returns-for-college-university-endowments.pdf
Link to API report: http://www.api.org/news-and-media/news/newsitems/2013/jan-2013/oil-and-gas-stocks-are-high-performers-in-college-endowments.aspx.
Link to the study: http://www.api.org/news-and-media/news/newsitems/2013/jan-2013/~/media/Files/News/2012/12-December/API-report-industry-returns-for-college-university-endowments.pdf
Link to API report: http://www.api.org/news-and-media/news/newsitems/2013/jan-2013/oil-and-gas-stocks-are-high-performers-in-college-endowments.aspx.
