Robert Rodriguez Buys BJ Services Company, Newfield Exploration Company, Pride International Inc.

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Jan 17, 2009
Robert Rodriguez froze his buying in Nov. 2007, good timing! At least he avoided more loss. Now he is buying! He bought a lot of oil stocks during the fourth quarter of 2008. He has been bullish on oil, and dramatic drop in oil prices created good opportunities for him. These are his buys during the last quarter of 2008.


Robert Rodriguez buys BJ Services Company, Newfield Exploration Company, Pride International Inc., Reliance Steel & Aluminum Co., CNX Gas Corp., St. Mary Land & Exploration Company, Cimarex Energy Co., Cabot Oil & Gas Corp., Fleetwood Enterprises Inc. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, FPA Capital. Robert Rodriguez owns 24 stocks with a total value of $586 million. These are the details of the buys and sells.





New Purchases: BJS, COG, CXG, FLE, NFX, PDE, RS, SM, XEC,

Added Positions: ARW, ATW, FL, PTEN, RDC, SIG, WDC,





For the details of Robert Rodriguez's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Robert+Rodriguez


Added: Arrow Electronics Inc. (ARW, Financial)


Robert Rodriguez added to his holdings in Arrow Electronics Inc. by 42.42%. The impact to his portfolio due to this purchase was 2.57%. His holdings were 2,684,700 shares as of 12/31/2008.


Arrow Electronics Inc. is the world's largest distributor of electronic components and computer products to industrial and commercial customers. The company is a major global provider of products services and solutions to industrial and commercial users of electronic components and computer products. The company offers sales service and technical support capabilities that not only enable the company to provide the most powerful line card to their customers but to be their strategic business partner as well. Through a wide range of value-added services the company assists their customers reduce their time to market lower their total cost of ownership and enhance their overall competitiveness. Arrow Electronics Inc. has a market cap of $2.35 billion; its shares were traded at around $19.29 with a P/E ratio of 6 and P/S ratio of 0.15. Arrow Electronics Inc. had an annual average earning growth of 0.7% over the past 10 years.


Added: Western Digital Corp. (WDC, Financial)


Robert Rodriguez added to his holdings in Western Digital Corp. by 239.28%. The impact to his portfolio due to this purchase was 1.37%. His holdings were 990,700 shares as of 12/31/2008.


Western Digital Corp. designs develops manufactures and markets a broad line of hard drives featuring leading-edge technology. The company's hard drives are designed for the desktop PC market and the high-end hard drive market and recently for the emerging market for hard drives specially designed for audio-visual applications such as new video recording devices. The company sells its products worldwide to computer manufacturers for inclusion in their computer systems or subsystems and to distributors resellers and retailers. Western Digital Corp. has a market cap of $2.73 billion; its shares were traded at around $13.31 with a P/E ratio of 2.5 and P/S ratio of 0.34. Western Digital Corp. had an annual average earning growth of 55.8% over the past 5 years.


Added: Rowan Companies Inc. (RDC, Financial)


Robert Rodriguez added to his holdings in Rowan Companies Inc. by 18.77%. The impact to his portfolio due to this purchase was 1.17%. His holdings were 2,721,000 shares as of 12/31/2008.


Rowan Companies Inc. is a major provider of international and domestic offshore contract drilling services. The Company also owns and operates a manufacturing division that produces equipment for the drilling mining and timber industries. Rowan Companies Inc. has a market cap of $1.95 billion; its shares were traded at around $13.81 with a P/E ratio of 3.8 and P/S ratio of 0.93. The dividend yield of Rowan Companies Inc. stocks is 2.32%. Rowan Companies Inc. had an annual average earning growth of 10.9% over the past 10 years.


Added: Signet Group plc (SIG, Financial)


Robert Rodriguez added to his holdings in Signet Group plc by 40.65%. The impact to his portfolio due to this purchase was 0.86%. His holdings were 2,018,600 shares as of 12/31/2008.


Signet Group PLC operates specialist retail jewellery stores. These include stores in the US where the Group's US division Sterling trades as Kay Jewelers Jared -- The Galleria of Jewelry and under a number of regional names and stores in the UK where the Group trades as H. Samuel Ernest Jones and Leslie Davis. (PRESS RELEASE) Signet Group plc has a market cap of $717.15 million; its shares were traded at around $9.42 with and P/S ratio of 0.2. The dividend yield of Signet Group plc stocks is 17.31%. Signet Group plc had an annual average earning growth of 10.4% over the past 10 years.


Added: PattersonUTI Energy Inc. (PTEN, Financial)


Robert Rodriguez added to his holdings in PattersonUTI Energy Inc. by 11.5%. The impact to his portfolio due to this purchase was 0.85%. His holdings were 4,208,000 shares as of 12/31/2008.


Patterson is one of the leading providers of domestic land drillingservices to major & independent oil & natural gas companies. The Company focuses its operations in Texas & southeast New Mexico. The Company currently has a drilling fleet of 114 drilling rigs 108 of which are currently operable. The Company is also engaged in the development exploration acquisition & production of oil and natural gas; however due to the substantial growth in the Company's drilling contract operations the oil & natural gas operations are no longer material to the Company's overall operations. PattersonUTI Energy Inc. has a market cap of $1.95 billion; its shares were traded at around $10.33 with a P/E ratio of 4.9 and P/S ratio of 0.92. The dividend yield of PattersonUTI Energy Inc. stocks is 5.09%. PattersonUTI Energy Inc. had an annual average earning growth of 26% over the past 10 years. GuruFocus rated PattersonUTI Energy Inc. the business predictability rank of 2-star.


Added: Atwood Oceanics Inc. (ATW, Financial)


Robert Rodriguez added to his holdings in Atwood Oceanics Inc. by 51.92%. The impact to his portfolio due to this purchase was 0.52%. His holdings were 586,700 shares as of 12/31/2008.


Atwood Oceanics Inc. its international operating subsidiary Atwood Oceanics Pacific Limited and related subsidiaries are engaged in the business of international offshore drilling and completion of exploratory and developmental oil and gas wells as well as related support management and consulting services. Enhancing shareholder value through safe quality operations is at the core of all of the Atwood Group?s activities. Atwood Oceanics Inc. has a market cap of $1.12 billion; its shares were traded at around $15.22 with a P/E ratio of 4.4 and P/S ratio of 2.13. Atwood Oceanics Inc. had an annual average earning growth of 7.8% over the past 10 years.


Added: Foot Locker Inc. (FL, Financial)


Robert Rodriguez added to his holdings in Foot Locker Inc. by 12.78%. The impact to his portfolio due to this purchase was 0.49%. His holdings were 3,436,916 shares as of 12/31/2008.


Foot Locker Inc. is a leading global retailer operating primarily mall-based stores in North America Europe Asia and Australia. The company operates in two business segments the Global Athletic Group and the Northern Group. The Global Athletic Group operates the following retail stores: Foot Locker Lady Foot Locker Kids Foot Locker Champs Sports Footlocker.com. The Northern Group consists of four apparel formats:Northern Reflections Northern Traditions Northern Getaway and NorthernElements. Foot Locker Inc. has a market cap of $1.27 billion; its shares were traded at around $7.74 with a P/E ratio of 12.1 and P/S ratio of 0.23. The dividend yield of Foot Locker Inc. stocks is 7.34%. Foot Locker Inc. had an annual average earning growth of 18.8% over the past 10 years.


New Purchase: BJ Services Company (BJS, Financial)


Robert Rodriguez initiated holdings in BJ Services Company. The impact to his portfolio due to this purchase was 4.3%. His holdings were 2,159,800 shares as of 12/31/2008.


BJ Services Company is a leading provider of pressure pumping and other oilfield services serving the petroleum industry worldwide. The Company's pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells and in remedial work on existing wells both onshore and offshore. BJ Services Company has a market cap of $3.63 billion; its shares were traded at around $11.18 with a P/E ratio of 5.6 and P/S ratio of 0.67. The dividend yield of BJ Services Company stocks is 1.61%. BJ Services Company had an annual average earning growth of 24.7% over the past 10 years. GuruFocus rated BJ Services Company the business predictability rank of 3-star.


New Purchase: Newfield Exploration Company (NFX, Financial)


Robert Rodriguez initiated holdings in Newfield Exploration Company. The impact to his portfolio due to this purchase was 4.28%. His holdings were 1,269,900 shares as of 12/31/2008.


Newfield Exploration Company explores develops and acquires oil and natural gas properties primarily in the Gulf of Mexico. The company plans to continue to expand its reserve base and increase cash flow through the exploration and development of existing properties and the acquisition of proved properties with drilling upside. The company emphasizes: reserve growth through exploratory drilling balance between exploration and the acquisition and exploitation of proved properties strong geographic focus control of operations/low cost structure and use of 3-D seismic. Newfield Exploration Company has a market cap of $2.79 billion; its shares were traded at around $19.99 with a P/E ratio of 5.4 and P/S ratio of 1.57. Newfield Exploration Company had an annual average earning growth of 19.1% over the past 10 years. GuruFocus rated Newfield Exploration Company the business predictability rank of 4-star.


New Purchase: Pride International Inc. (PDE, Financial)


Robert Rodriguez initiated holdings in Pride International Inc.. The impact to his portfolio due to this purchase was 3.51%. His holdings were 1,288,000 shares as of 12/31/2008.


Pride is a leading international provider of contract drilling and relatedservices operating both offshore and on land. In recent years Pride has focused its growth strategy on the higher margin offshore and nternational drilling markets. Offshore and international markets generally have greater profit potential than domestic land-based markets primarily as a result of less competition higher utilization rates and stronger demand resulting from a general trend by oil and gas companies to shift expenditures to exploration and development activities abroad and in the Gulf of Mexico. Pride International Inc. has a market cap of $3.04 billion; its shares were traded at around $16 with a P/E ratio of 5.2 and P/S ratio of 1.49. Pride International Inc. had an annual average earning growth of 4.5% over the past 10 years.


New Purchase: Reliance Steel & Aluminum Co. (RS, Financial)


Robert Rodriguez initiated holdings in Reliance Steel & Aluminum Co.. The impact to his portfolio due to this purchase was 1.89%. His holdings were 555,908 shares as of 12/31/2008.


Reliance Steel & Aluminum Co. is one of the largest metals service center companies in the United States. Through a network of metals service centers the company provides value-added materials management and metals processing services and distributes a full line of metal products including carbon alloy stainless and specialty steel aluminum brass and copper products to customers in a broad range of industries. Some of these metals service centers provide processing services for specialty metals only. Reliance Steel & Aluminum Co. has a market cap of $1.59 billion; its shares were traded at around $20.26 with a P/E ratio of 2.8 and P/S ratio of 0.22. The dividend yield of Reliance Steel & Aluminum Co. stocks is 1.85%. Reliance Steel & Aluminum Co. had an annual average earning growth of 20.1% over the past 10 years.


New Purchase: CNX Gas Corp. (CXG, Financial)


Robert Rodriguez initiated holdings in CNX Gas Corp.. The impact to his portfolio due to this purchase was 1.31%. His holdings were 282,200 shares as of 12/31/2008.


CNX Gas Corporation is an independent natural gas exploration development and production company operating in the Appalachian Basin of the United States. CNX Gas Corp. has a market cap of $4.22 billion; its shares were traded at around $25.44 with a P/E ratio of 19.1 and P/S ratio of 8.84.


New Purchase: St. Mary Land & Exploration Company (SM, Financial)


Robert Rodriguez initiated holdings in St. Mary Land & Exploration Company. The impact to his portfolio due to this purchase was 0.84%. His holdings were 242,500 shares as of 12/31/2008.


ST. MARY LAND & EXPLORATION is an independent oil and gas company with diversified interests in the United States and internationally a development project in Russia and exploration projects in Canada Chile the Philippines and Trinidad and Tobago. St. Mary Land & Exploration Company has a market cap of $1.36 billion; its shares were traded at around $18.28 with a P/E ratio of 4.3 and P/S ratio of 1.38. The dividend yield of St. Mary Land & Exploration Company stocks is 0.46%. St. Mary Land & Exploration Company had an annual average earning growth of 29.3% over the past 10 years. GuruFocus rated St. Mary Land & Exploration Company the business predictability rank of 3.5-star.


New Purchase: Cimarex Energy Co. (XEC)


Robert Rodriguez initiated holdings in Cimarex Energy Co.. The impact to his portfolio due to this purchase was 0.78%. His holdings were 170,200 shares as of 12/31/2008.


Cimarex Energy is an independent oil and gas exploration and production company focused on increasing shareholder value through strategies linked to generating attractive economic returns on capital employed and profitable growth in per-share reserves production and cash flow. They intend to profitably grow reserves and production through a balanced mix of exploration exploitation and acquisitions. They have a diversified base of high-quality production along with attractive drilling opportunities. Cimarex Energy Co. has a market cap of $2.4 billion; its shares were traded at around $24.48 with a P/E ratio of 3.1 and P/S ratio of 1.68. The dividend yield of Cimarex Energy Co. stocks is 0.83%. Cimarex Energy Co. had an annual average earning growth of 18.6% over the past 5 years.


New Purchase: Cabot Oil & Gas Corp. (COG)


Robert Rodriguez initiated holdings in Cabot Oil & Gas Corp.. The impact to his portfolio due to this purchase was 0.46%. His holdings were 103,200 shares as of 12/31/2008.


Cabot Oil & Gas Corp. is an independent oil and gas company engaged in the exploration development acquisition and exploitation of oil and gas properties located in four areas of the United States: the onshore Texas and Louisiana Gulf Coast; the Rocky Mountains; Appalachia; and the Mid-Continent or Anadarko Basin. Cabot Oil & Gas Corp. has a market cap of $2.84 billion; its shares were traded at around $25.05 with a P/E ratio of 12.7 and P/S ratio of 3.88. The dividend yield of Cabot Oil & Gas Corp. stocks is 0.44%. Cabot Oil & Gas Corp. had an annual average earning growth of 16.2% over the past 10 years. GuruFocus rated Cabot Oil & Gas Corp. the business predictability rank of 4-star.


New Purchase: Fleetwood Enterprises Inc (FLE)


Robert Rodriguez initiated holdings in Fleetwood Enterprises Inc.. The impact to his portfolio due to this purchase was 0.08%. His holdings were 4,627,600 shares as of 12/31/2008.


Fleetwood Enterprises Inc. is one of the nation's largest producers of manufactured housing and manufacturers of recreational vehicles such as motor homes travel trailers folding trailers and slide-in truck campers. The company's principal manufacturing activities are conducted in the U.S. and to a much lesser extent in Canada. In addition the company operates supply companies which produce components for its primary manufacturing operations while also generating outside sales. Fleetwood Enterprises Inc. has a market cap of $5.34 million; its shares were traded at around $0.07 .