T Boone Pickens Buys Williams Partners LP, Occidental Petroleum, Sunoco Logistics Partners LP, Sells Baker Hughes, TriMas, Patterson-UTI Energy

• New Purchases: OXY, ETP, WNRL, MEP,
• Added Positions: WPZ, SXL, BPL, NOV, PAA, NWL, MPLX, KMI, LNG, DKL,
• Reduced Positions: BHI, PTEN, JBLU, WPX, CVX, TLLP, HZN, SEP, TEP, PTXP,
• Sold Out: TRS, RRTS, MMP,

For the details of T Boone Pickens's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=T+Boone+Pickens

1. Kinder Morgan Inc (KMI) - 675,723 shares, 4.39% of the total portfolio. Shares added by 14.94%
2. WPX Energy Inc (WPX) - 958,524 shares, 4.38% of the total portfolio. Shares reduced by 15.25%
3. Williams Partners LP (WPZ) - 352,278 shares, 4.2% of the total portfolio. Shares added by 588.98%
4. Sunoco LP (SUN) - 416,496 shares, 3.52% of the total portfolio. Shares added by 1.87%
5. Cheniere Energy Inc (LNG) - 266,385 shares, 3.46% of the total portfolio. Shares added by 17.66%

T Boone Pickens initiated holdings in Occidental Petroleum Corp. The purchase prices were between $64.95 and $75.03, with an estimated average price of $71.02. The stock is now traded at around $67.39. The impact to the portfolio due to this purchase was 2.8%. The holdings were 125,462 shares as of 2016-12-31.

T Boone Pickens initiated holdings in Energy Transfer Partners LP. The purchase prices were between $33.16 and $39.37, with an estimated average price of $35.66. The stock is now traded at around $38.41. The impact to the portfolio due to this purchase was 1.22%. The holdings were 108,900 shares as of 2016-12-31.

T Boone Pickens initiated holdings in Western Refining Logistics LP. The purchase prices were between $19.5 and $24.28, with an estimated average price of $21.66. The stock is now traded at around $24.00. The impact to the portfolio due to this purchase was 0.44%. The holdings were 65,534 shares as of 2016-12-31.

T Boone Pickens initiated holdings in Midcoast Energy Partners LP. The purchase prices were between $5.9 and $8.84, with an estimated average price of $7.4. The stock is now traded at around $8.00. The impact to the portfolio due to this purchase was 0.14%. The holdings were 62,554 shares as of 2016-12-31.

T Boone Pickens added to the holdings in Williams Partners LP by 588.98%. The purchase prices were between $33.25 and $38.09, with an estimated average price of $35.92. The stock is now traded at around $41.00. The impact to the portfolio due to this purchase was 3.59%. The holdings were 352,278 shares as of 2016-12-31.

T Boone Pickens added to the holdings in Sunoco Logistics Partners LP by 97.65%. The purchase prices were between $22.52 and $28.09, with an estimated average price of $25.27. The stock is now traded at around $25.86. The impact to the portfolio due to this purchase was 1.7%. The holdings were 456,047 shares as of 2016-12-31.

T Boone Pickens added to the holdings in Buckeye Partners LP by 104.29%. The purchase prices were between $62.51 and $70.76, with an estimated average price of $66. The stock is now traded at around $71.83. The impact to the portfolio due to this purchase was 1.36%. The holdings were 127,924 shares as of 2016-12-31.

T Boone Pickens added to the holdings in National Oilwell Varco Inc by 76.85%. The purchase prices were between $31.43 and $40.32, with an estimated average price of $36.43. The stock is now traded at around $39.60. The impact to the portfolio due to this purchase was 1.19%. The holdings were 234,269 shares as of 2016-12-31.

T Boone Pickens added to the holdings in Plains All American Pipeline LP by 267.57%. The purchase prices were between $28.26 and $33.49, with an estimated average price of $31.6. The stock is now traded at around $30.96. The impact to the portfolio due to this purchase was 0.82%. The holdings were 110,061 shares as of 2016-12-31.

T Boone Pickens added to the holdings in Newell Brands Inc by 38.38%. The purchase prices were between $44.65 and $52.68, with an estimated average price of $48.4. The stock is now traded at around $47.06. The impact to the portfolio due to this purchase was 0.8%. The holdings were 204,928 shares as of 2016-12-31.

T Boone Pickens sold out the holdings in TriMas Corp. The sale prices were between $17.42 and $24, with an estimated average price of $20.41.

T Boone Pickens sold out the holdings in Roadrunner Transportation Systems Inc. The sale prices were between $7.5 and $11.61, with an estimated average price of $9.27.

T Boone Pickens sold out the holdings in Magellan Midstream Partners LP. The sale prices were between $65.17 and $75.79, with an estimated average price of $70.03.

T Boone Pickens reduced to the holdings in Baker Hughes Inc by 72.51%. The sale prices were between $49.96 and $66.89, with an estimated average price of $59.37. The stock is now traded at around $61.06. The impact to the portfolio due to this sale was -2.23%. T Boone Pickens still held 46,696 shares as of 2016-12-31.

T Boone Pickens reduced to the holdings in Patterson-UTI Energy Inc by 43.77%. The sale prices were between $21.39 and $28.83, with an estimated average price of $24.7. The stock is now traded at around $28.62. The impact to the portfolio due to this sale was -1.11%. T Boone Pickens still held 177,780 shares as of 2016-12-31.

T Boone Pickens reduced to the holdings in JetBlue Airways Corp by 56.21%. The sale prices were between $16.93 and $22.79, with an estimated average price of $19.75. The stock is now traded at around $19.84. The impact to the portfolio due to this sale was -0.91%. T Boone Pickens still held 114,170 shares as of 2016-12-31.

T Boone Pickens reduced to the holdings in Chevron Corp by 24.91%. The sale prices were between $99.92 and $118.77, with an estimated average price of $108.9. The stock is now traded at around $113.91. The impact to the portfolio due to this sale was -0.78%. T Boone Pickens still held 63,912 shares as of 2016-12-31.

T Boone Pickens reduced to the holdings in Tesoro Logistics LP by 29.03%. The sale prices were between $43.95 and $51.5, with an estimated average price of $47.27. The stock is now traded at around $59.08. The impact to the portfolio due to this sale was -0.71%. T Boone Pickens still held 100,283 shares as of 2016-12-31.

T Boone Pickens reduced to the holdings in Tallgrass Energy Partners LP by 49.66%. The sale prices were between $43.69 and $48.58, with an estimated average price of $46.52. The stock is now traded at around $51.60. The impact to the portfolio due to this sale was -0.28%. T Boone Pickens still held 16,688 shares as of 2016-12-31.