Andreas Halvorsen (Trades, Portfolio) is a Norwegian hedge fund executive and entrepreneur. Halvorsen has shown that he is extremely tough and resilient; upon graduating from the Norwegian naval academy, Halvorsen decided to increase his discipline and went on to become a Norwegian Navy Seal. Halvorsen graduated from Williams College with a degree in economics. He went on to receive his MBA with the highest honors from Stanford in 1990.
After graduating, Halvorsen began his investment career at Morgan Stanley, where he began working in the investment banking division. Halvorsen was then given a tremendous opportunity to work alongside legendary guru Julian Robertson (Trades, Portfolio) at Tiger Management, where he gained experience and expertise. In 1999, he founded Viking Global Investors LP, which currently manages more than $30 billion in capital for investors.
In the first quarter of 2016, Halvorsen purchased 35,515,793 shares of Southwestern Energy Co. (SWN, Financial).
Southwestern Energy was originally incorporated in 1929 as Arkansas Western Gas Company. The company primarily focuses on natural gas and crude oil exploration. With the philosophy “We are energy,” Southwestern Energy is the third largest producer of natural gas of the 48 lower states located within the U.S.
Southwestern Energy has a market cap of $34 billion, an enterprise value of $7.99 billion, a P/B ratio of 0.74 and a quick ratio of 0.69.
Southwestern Energy has several warning signs according to GuruFocus. The Piotroski F- Score is 2, a low score that usually implies poor business operations. The long-term debt has risen over the past three years, as the company has issued $3 billion in debt. The company's asset growth is also faster than revenue growth, which usually implies that the company is becoming less efficient.
Below is a Peter Lynch Chart for Southwestern Energy.
Halvorsen and Viking Global have a team goal to provide best in class performance for investors, and they have been doing a great job of that. The fund has gained an outstanding 23% annualized return before fees since its inception in 1999. Halvorsen has been outperforming the S&P 500, which had an annualized return of 4% over that same time span.
According to Forbes.com, Halvorsen is currently ranked the eighth-richest hedge fund manager in the world.
Cheers to your investment success.
