Did you know that Arizona has helium? As a matter of fact Arizona is home to some of the richest helium containing gas in the world. A recent increase in the value of helium caused great interest in the quest for this gas.
But there is much more in Arizona than Helium; currently Arizona produces 200 barrels of oil and 1 million cubic feet of gas everyday from wells around the state. Additionally Arizona produces the most non-fuel minerals in the country.
Other interesting facts about Arizona are:
1. Arizona produced more than 60% of copper mined in the U.S in 2007.
2. Arizona’s copper industry generated a combined revenue for the state of $4.719 Billion in 2006.
3. The mining industry employs 22,000 people.
4. Arizona’s 2007 total gross state product was $247,028 million.
5. Arizona has passed legislation requiring that 15% of its energy come from renewable sources by the year 2025.
6. Sun shines in the state 85% of the time, which makes it very appealing to solar energy.
7. One of Arizona’s major crops is lettuce, it produces over 1 million metric tons per year.
8. Arizona does not observe Daylight Savings Time
9. The Grand Canyon is one of Arizona’s major touristic attractions.
10. Arizona’s estimated population is 6 million.
The following 10 stock companies are headquartered in Arizona with market caps of over $1 billion.
Freeport McMoRan Copper & Gold (FCX) explores, and mines properties in North America, South America, Indonesia, and Africa. The stock has a PE of 10.69, PEG of 0.83, and pays a yield of 2%.
Southern Copper Corp, (PCU) is engaged in the production, and sell of copper, molybdenum, zinc, silver, lead and gold. The stock has a PE of 9.86, PEG of 8.41, and it pays a yield of 9.60%.
First Solar Inc. (FSLR) designs, makes and markets solar electric equipment. The stock has a PE of 90.87, and a PEG of 1.24.
Apollo Group Inc. (APOL) and its subsidiaries are in the business of providing educational programs at levels from high school to university. The stock has a PE OF 31.08, and a PEG of 1.57.
Microchip Technology Inc (MCHP) makes and sells semiconductor products for multiple applications. The stock has a PE of 23.3 and a PEG of 1.53. It pays a yield of 4.10%.
Allied Waste Ind. (AW) is a waste management company , providing the following services from collection to recycling and disposal of nonhazardous waste. The stock has a PE of 17.99, and a PEG of 1.21.
Avnet Inc (AVT) is in the business of distribution of computer software and different electronic components. The stock has a PE of 9.45, and a PEG of 0.61.
ON semiconductor Corp. (ONNN) makes and sells power and data management around the world. The stock has a PE of 17.95 and a PEG of 0.96.
Pinnacle West Capital Corp. (PNW) is in the business of producing, transporting and delivering electricity in the United States. The stock has a PE of 10.34, a PEG of 3.39 and pays a yield of 6.10%.
Petsmart Inc. (PETM) sells foods and goods for animals. It also provides different services. The stock has a PE of 16.77 and a PEG of 1.04. It pays a yield of 0.50%.
Check out stocks from some other states: Hawaii stocks, Alaska stocks, and Oregon stocks.
Author does not own any of the above.