As 2011 comes to a close, it's a great time to look back at what happened to the stocks that interest you. By making sure you know the important things that a company accomplished -- as well as the setbacks it experienced -- you can make a better decision about whether it's a smart investment for your portfolio.
Today, let's take a look at Westport Innovations
Stats on Westport
|Year-to-Date Stock Return||55.1%|
|Market Cap||$1.42 billion|
|Revenue, Trailing 12 Months||$207.7 million|
|1-Year Revenue Growth||44%|
|1-Year Profit Growth||NM (loss of $60.5 million over past 12 months)|
|CAPS Rating (out of 5)||*****|
Source: S&P Capital IQ. NM = not meaningful.
What happened to Westport this year?
Westport is a small company, but it's made a lot of progress this year. The company has had a long-standing partnership with engine giant Cummins
But Westport has seen some exciting new initiatives take root this year. Caterpillar
Also, the company joined up with Royal Dutch Shell
The biggest problem for Westport is that its losses have continued to widen. But shareholders are still optimistic, and with the huge interest in natural gas -- especially in the U.S. -- Westport appears to have a strong position to capitalize on whatever the future brings. With oil prices still near triple digits, natural gas looks like a smart alternative.
Westport isn't the only stock that could benefit from high oil prices, though. Learn more about three other stocks that will prosper from $100 oil in the Motley Fool's latest special free report on energy. It's yours free, but only for a limited time, so take a look today.
Click here to add Westport Innovations to My Watchlist, which can find all of our Foolish analysis on it and all your other stocks.
Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. The Motley Fool owns shares of Ford. Motley Fool newsletter services have recommended buying shares of General Motors, Ford, Westport Innovations, and Cummins. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.