T Boone Pickens Buys Anadarko Petroleum Corp., Weatherford International Ltd., KBR Inc, Sells Peabody Energy Corp., Mariner Energy, Inc., Consol Energy Inc.

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Aug 16, 2007
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T Boone Pickens buys Anadarko Petroleum Corp., Weatherford International Ltd., KBR Inc, sells Peabody Energy Corp., Mariner Energy, Inc. Common Stock, Consol Energy Inc., Encana Corporation, Eog Resources Inc., Halliburton Co. during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, BP Capital. T Boone Pickens owns 20 stocks with a total value of $856 million. These are the details of the buys and sells.


New Purchases: APC, KBR, WFT,


Added Positions: TLM,


Reduced Positions: GSF, TSO, VLO,


Sold Out: BTU, CNX, ECA, EOG, HAL, ME,





Added: Talisman Energy Inc. (TLM, Financial)


T Boone Pickens added to his holdings in Exploration & Production company Talisman Energy Inc. by 215.53%. His purchase prices were between $18.17 and $20.93, with an estimated average price of $19.7. The impact to his portfolio due to this purchase was 2.94%. His holdings were 1,904,459 shares as of 06/30/2007.


Talisman Energy, Inc., an independent international upstream oil and gas company, engages in the exploration, development, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids in North America and international. Talisman Energy Inc. has a market cap of $16.85 billion, its shares were traded at around $16.52 with with P/E ratio of 8.80 and P/S ratio of 2.31.


New Purchase: Anadarko Petroleum Corp. (APC, Financial)


T Boone Pickens initiated holdings in Exploration & Production company Anadarko Petroleum Corp.. His purchase prices were between $44.22 and $54.03, with an estimated average price of $48.6. The impact to his portfolio due to this purchase was 1.39%. His holdings were 229,450 shares as of 06/30/2007.


Anadarko Petroleum Corporation engages in the acquisition, exploration, and production of oil and gas primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria. Anadarko Petroleum Corp. has a market cap of $22.14 billion, its shares were traded at around $47.14 with with P/E ratio of 5.30 and P/S ratio of 1.78.


New Purchase: Weatherford International Ltd. (WFT, Financial)


T Boone Pickens initiated holdings in Oil Equipment & Services company Weatherford International Ltd.. His purchase prices were between $46.91 and $58.1, with an estimated average price of $53.7. The impact to his portfolio due to this purchase was 1.2%. His holdings were 185,886 shares as of 06/30/2007.


Weatherford International, Ltd. provides equipment and services used for the drilling, completion, and production of oil and natural gas wells in the United States. Weatherford International Ltd. has a market cap of $17.18 billion, its shares were traded at around $50.98 with with P/E ratio of 18.68 and P/S ratio of 2.40.


New Purchase: KBR Inc (KBR, Financial)


T Boone Pickens initiated holdings in Heavy Construction company KBR Inc. His purchase prices were between $20.54 and $28.06, with an estimated average price of $24.6. The impact to his portfolio due to this purchase was 1.01%. His holdings were 330,447 shares as of 06/30/2007.


KBR, Inc. operates as an engineering, construction, and services company supporting energy, petrochemicals, government services, and civil infrastructure sectors worldwide. KBR Inc has a market cap of $5.04 billion, its shares were traded at around $29.82 with with P/E ratio of 21.41 and P/S ratio of 0.53.


Reduced: Globalsantafe Corp. (GSF, Financial)


T Boone Pickens reduced to his holdings in Oil Equipment & Services company Globalsantafe Corp. by 40.6%. His sale prices were between $61.55 and $73.47, with an estimated average price of $67.2. The impact to his portfolio due to this sale was 4.05%. T Boone Pickens still held 676,119 shares as of 06/30/2007.


GlobalSantaFe Corporation, through its subsidiaries, operates as an offshore oil and gas drilling contractor. It provides offshore oil and gas contract drilling services to the oil and gas industry on a daily rate basis primarily in the U.S. Globalsantafe Corp. has a market cap of $14.94 billion, its shares were traded at around $66.03 with with P/E ratio of 11.84 and P/S ratio of 3.89.


Reduced: Valero Energy Corp. (VLO, Financial)


T Boone Pickens reduced to his holdings in Exploration & Production company Valero Energy Corp. by 74.24%. His sale prices were between $65.7 and $76.35, with an estimated average price of $72.4. The impact to his portfolio due to this sale was 2.06%. T Boone Pickens still held 415,954 shares as of 06/30/2007.


Valero Energy Corporation operates as a refining and retailing company in the United States and internationally. Its refining activities include refining operations, wholesale marketing, product supply and distribution, and transportation operations. Valero Energy Corp. has a market cap of $35.11 billion, its shares were traded at around $63.39 with with P/E ratio of 6.33 and P/S ratio of 0.40.


Reduced: Tesoro Corp. (TSO, Financial)


T Boone Pickens reduced to his holdings in Exploration & Production company Tesoro Corp. by 75.02%. His sale prices were between $52.81 and $63.74, with an estimated average price of $58.8. The impact to his portfolio due to this sale was 0.93%. T Boone Pickens still held 242,781 shares as of 06/30/2007.


Tesoro Corporation and its subsidiaries engage in refining and marketing petroleum products in the United States. It operates in two segments, Refining and Retail. Tesoro Corp. has a market cap of $6.12 billion, its shares were traded at around $44.72 with with P/E ratio of 6.28 and P/S ratio of 0.33.


Sold Out: Peabody Energy Corp. (BTU, Financial)


T Boone Pickens sold out his holdings in Coal company Peabody Energy Corp.. His sale prices were between $43.63 and $54.63, with an estimated average price of $49.8. The impact to his portfolio due to this sale was less than 0.01%.


Peabody Energy Corporation, through its subsidiaries, engages in the exploration, mining, and production of coal worldwide. It owns interests in 40 coal operations located in the United States and Australia, as well as owns joint venture interests. Peabody Energy Corp. has a market cap of $11.11 billion, its shares were traded at around $42.05 with with P/E ratio of 21.90 and P/S ratio of 2.10.


Sold Out: Consol Energy Inc. (CNX, Financial)


T Boone Pickens sold out his holdings in Coal company Consol Energy Inc.. His sale prices were between $41.42 and $48.88, with an estimated average price of $45.1. The impact to his portfolio due to this sale was less than 0.01%.


CONSOL Energy, Inc. engages in the production of multi-fuel energy and provision of energy services primarily to electric power generation industry in the United States. CONSOL Energy Inc. has a market cap of $6.8 billion, its shares were traded at around $37.27 with with P/E ratio of 16.03 and P/S ratio of 1.92.


Sold Out: Encana Corporation (ECA, Financial)


T Boone Pickens sold out his holdings in Integrated Oil & Gas company Encana Corporation. His sale prices were between $51.9 and $65.7, with an estimated average price of $59.1. The impact to his portfolio due to this sale was less than 0.01%.


EnCana Corporation engages in the exploration, production, and marketing of natural gas, crude oil, and natural gas liquids. It holds interests in various projects located in Canada and the United States. EnCana Corporation has a market cap of $43.56 billion, its shares were traded at around $57.86 with with P/E ratio of 11.61 and P/S ratio of 2.45.


Sold Out: Eog Resources Inc. (EOG, Financial)


T Boone Pickens sold out his holdings in Exploration & Production company Eog Resources Inc.. His sale prices were between $72.36 and $80.39, with an estimated average price of $76. The impact to his portfolio due to this sale was less than 0.01%.


EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas and crude oil primarily in the United States, Canada, offshore Trinidad, and the United Kingdom North Sea. EOG Resources Inc. has a market cap of $16.81 billion, its shares were traded at around $68.68 with with P/E ratio of 16.02 and P/S ratio of 4.57.


Sold Out: Halliburton Co. (HAL, Financial)


T Boone Pickens sold out his holdings in Oil Equipment & Services company Halliburton Co.. His sale prices were between $31.57 and $36.37, with an estimated average price of $34.2. The impact to his portfolio due to this sale was less than 0.01%.


Halliburton Company provides various products and services to the energy industry worldwide. It serves the upstream oil and gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data etc. Halliburton Co. has a market cap of $28.96 billion, its shares were traded at around $32.53 with with P/E ratio of 9.81 and P/S ratio of 1.23.


Sold Out: Mariner Energy, Inc. Common Stock (ME, Financial)


T Boone Pickens sold out his holdings in Exploration & Production company Mariner Energy, Inc. Common Stock. His sale prices were between $20.28 and $25.29, with an estimated average price of $23.5. The impact to his portfolio due to this sale was less than 0.01%.


Mariner Energy, Inc. operates as an independent oil and gas exploration, development, and production company in West Texas and the Gulf of Mexico. In West Texas, it operates in the prolific Spraberry, Dean, and Wolfcamp trends in the Permian Basin. Mariner Energy, Inc. Common Stock has a market cap of $1.73 billion, its shares were traded at around $19.82 with with P/E ratio of 11.38 and P/S ratio of 2.18.