Billionaire oilman T. Boone Pickens is buying into a lot of new oil companies. But he did sell TransOcean, the company that involves the BP oil spill. These are the details of buys and sells.
T Boone Pickens buys Devon Energy Corp., Southwestern Energy Company, Oceaneering International Inc., Quicksilver Resources Inc., Apache Corp., Chevron Corp., Encana Corp., Clayton Williams Energy Inc., Fluor Corp., Plains Exploration & Production Company, Murphy Oil Corp., Massey Energy Company, sells Transocean Inc. during the 3-months ended 06/30/2010, according to the most recent filings of his investment company, BP Capital. T Boone Pickens owns 27 stocks with a total value of $208 million. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of T Boone Pickens
Hess Corporation, is a global integrated energy company engaged in the exploration for and the production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products, electricity. Hess Corp. has a market cap of $17.42 billion; its shares were traded at around $53.44 with a P/E ratio of 11.5 and P/S ratio of 0.6. The dividend yield of Hess Corp. stocks is 0.8%. Hess Corp. had an annual average earning growth of 8.4% over the past 10 years. GuruFocus rated Hess Corp. the business predictability rank of 4-star.
Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corp. has a market cap of $13.71 billion; its shares were traded at around $21.32 with a P/E ratio of 6.9 and P/S ratio of 1.8. The dividend yield of Chesapeake Energy Corp. stocks is 1.4%. Chesapeake Energy Corp. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Chesapeake Energy Corp. the business predictability rank of 2-star.
Anadarko Petroleum Corporation is one of the world's largest independentoil and gas exploration and production companies. Anadarko Petroleum Corp. has a market cap of $26.51 billion; its shares were traded at around $53.05 with a P/E ratio of 43.6 and P/S ratio of 3. The dividend yield of Anadarko Petroleum Corp. stocks is 0.7%. Anadarko Petroleum Corp. had an annual average earning growth of 12.8% over the past 10 years. GuruFocus rated Anadarko Petroleum Corp. the business predictability rank of 2-star.
SUNCOR ENERGY is a world leader in mining and extracting crude oil from the vast oil sands deposits of northern Alberta. Suncor Energy Inc. has a market cap of $50.53 billion; its shares were traded at around $32.41 with a P/E ratio of 33.7 and P/S ratio of 2.1. The dividend yield of Suncor Energy Inc. stocks is 1.2%. Suncor Energy Inc. had an annual average earning growth of 17.5% over the past 10 years. GuruFocus rated Suncor Energy Inc. the business predictability rank of 2-star.
CONSOL Energy Inc. is the largest producer of high-Btu bituminous coal in the United States, and the largest exporter of U. Consol Energy Inc. has a market cap of $8.14 billion; its shares were traded at around $36.31 with a P/E ratio of 14.1 and P/S ratio of 1.7. The dividend yield of Consol Energy Inc. stocks is 1.1%. Consol Energy Inc. had an annual average earning growth of 30.3% over the past 10 years. GuruFocus rated Consol Energy Inc. the business predictability rank of 3-star.
SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City with its principal focus on exploration and production. Sandridge Energy Inc has a market cap of $943.7 million; its shares were traded at around $4.49 with a P/E ratio of 8.7 and P/S ratio of 1.6.
Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration, development and production, and in the acquisition of producing properties. Devon Energy Corp. has a market cap of $28.59 billion; its shares were traded at around $63.8 with a P/E ratio of 10.6 and P/S ratio of 3.5. The dividend yield of Devon Energy Corp. stocks is 1%.
Southwestern Energy Company is an energy company primarily focused on natural gas. Southwestern Energy Company has a market cap of $12.04 billion; its shares were traded at around $34.96 with a P/E ratio of 21.4 and P/S ratio of 5.6. Southwestern Energy Company had an annual average earning growth of 20% over the past 10 years.
OCEANEERING INTERNATIONAL, INC. is an advanced applied technology company that provides engineered services and hardware to customers who operate in marine, space and other harsh environments. Oceaneering International Inc. has a market cap of $2.83 billion; its shares were traded at around $51.98 with a P/E ratio of 15.1 and P/S ratio of 1.6. Oceaneering International Inc. had an annual average earning growth of 29.7% over the past 10 years. GuruFocus rated Oceaneering International Inc. the business predictability rank of 4-star.
Quicksilver Resources Inc. is an independent energy company engaged in the acquisition, development, exploration, production and sale of natural gas, crude oil and condensate and the gathering, processing and transmission of natural gas. Quicksilver Resources Inc. has a market cap of $1.97 billion; its shares were traded at around $11.93 with a P/E ratio of 12.9 and P/S ratio of 2.4.
Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. Apache Corp. has a market cap of $31.16 billion; its shares were traded at around $93 with a P/E ratio of 11.4 and P/S ratio of 3.7. The dividend yield of Apache Corp. stocks is 0.7%. Apache Corp. had an annual average earning growth of 16.6% over the past 10 years. GuruFocus rated Apache Corp. the business predictability rank of 3-star.
Chevron is the fifth-largest integrated energy company in the world. Chevron Corp. has a market cap of $156.88 billion; its shares were traded at around $77.77 with a P/E ratio of 9.4 and P/S ratio of 0.9. The dividend yield of Chevron Corp. stocks is 3.7%. Chevron Corp. had an annual average earning growth of 11.5% over the past 10 years. GuruFocus rated Chevron Corp. the business predictability rank of 3-star.
EnCana Corporation is one of the world's largest independent natural gas producers and gas storage operators. Encana Corp. has a market cap of $20.96 billion; its shares were traded at around $28.68 with a P/E ratio of 13 and P/S ratio of 1.9. The dividend yield of Encana Corp. stocks is 2.8%. Encana Corp. had an annual average earning growth of 20.7% over the past 10 years.
Clayton Williams Energy is an independent oil and gas company engaged in the exploration for and development and production of oil and natural gas primarily in Texas, Louisiana and New Mexico. Clayton Williams Energy Inc. has a market cap of $544.8 million; its shares were traded at around $44.85 with a P/E ratio of 135.9 and P/S ratio of 2.1. Clayton Williams Energy Inc. had an annual average earning growth of 11.9% over the past 10 years.
Fluor is a FORTUNE 500 company that delivers engineering, procurement, construction, maintenance (EPCM), and project management to governments and clients in diverse industries around the world. Fluor Corp. has a market cap of $8.36 billion; its shares were traded at around $47 with a P/E ratio of 14 and P/S ratio of 0.4. The dividend yield of Fluor Corp. stocks is 1.1%. Fluor Corp. had an annual average earning growth of 22% over the past 10 years. GuruFocus rated Fluor Corp. the business predictability rank of 2-star.
PLAINS EXPLORATION & PRODUCTION COMPANY is an independent oil and gas company primarily engaged in the activities of acquiring, developing, exploring and producing oil and gas properties primarily in the United States. Plains Exploration & Production Company has a market cap of $3.4 billion; its shares were traded at around $23.88 with a P/E ratio of 7.2 and P/S ratio of 2.8.
Murphy Oil Corporation is a worldwide oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom and crude oil transportation and trading operations in Canada. Murphy Oil Corp. has a market cap of $11.08 billion; its shares were traded at around $56.59 with a P/E ratio of 14.4 and P/S ratio of 0.6. The dividend yield of Murphy Oil Corp. stocks is 1.9%. Murphy Oil Corp. had an annual average earning growth of 19% over the past 10 years. GuruFocus rated Murphy Oil Corp. the business predictability rank of 5-star.
Massey Energy Company produces, processes and sells bituminous, low sulfur coal of steam and metallurgical grades through its processing and shipping centers. Massey Energy Company has a market cap of $3.36 billion; its shares were traded at around $32.74 with a P/E ratio of 38.8 and P/S ratio of 1.2. The dividend yield of Massey Energy Company stocks is 0.8%. Massey Energy Company had an annual average earning growth of 12.5% over the past 10 years.
Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells. Transocean Inc. has a market cap of $17.53 billion; its shares were traded at around $54.53 with a P/E ratio of 6.4 and P/S ratio of 1.5. Transocean Inc. had an annual average earning growth of 22% over the past 10 years. GuruFocus rated Transocean Inc. the business predictability rank of 2-star.
T Boone Pickens buys Devon Energy Corp., Southwestern Energy Company, Oceaneering International Inc., Quicksilver Resources Inc., Apache Corp., Chevron Corp., Encana Corp., Clayton Williams Energy Inc., Fluor Corp., Plains Exploration & Production Company, Murphy Oil Corp., Massey Energy Company, sells Transocean Inc. during the 3-months ended 06/30/2010, according to the most recent filings of his investment company, BP Capital. T Boone Pickens owns 27 stocks with a total value of $208 million. These are the details of the buys and sells.
- New Purchases: APA, CVX, CWEI, DVN, ECA, FLR, KWK, MEE, MUR, OII, PXP, SWN,
- Added Positions: APC, CHK, CNX, HES, SD, SU,
- Reduced Positions: RIG,
This is the sector weightings of his portfolio:
These are the top 5 holdings of T Boone Pickens
- Suncor Energy Inc. (SU) - 553,294 shares, 7.82% of the total portfolio. Shares added by 48.32%
- Hess Corp. (HES) - 284,129 shares, 6.87% of the total portfolio. Shares added by 110.22%
- McMoRan Exploration Co. (MMR) - 1,120,415 shares, 5.98% of the total portfolio. Shares reduced by 5.56%
- Chesapeake Energy Corp. (CHK) - 589,616 shares, 5.93% of the total portfolio. Shares added by 114.6%
- Devon Energy Corp. (DVN) - 190,454 shares, 5.57% of the total portfolio. Shares added by 10000%
Added: Hess Corp. (HES, Financial)
T Boone Pickens added to his holdings in Hess Corp. by 110.22%. His purchase prices were between $49.69 and $65.53, with an estimated average price of $57.83. The impact to his portfolio due to this purchase was 3.6%. His holdings were 284,129 shares as of 06/30/2010.Hess Corporation, is a global integrated energy company engaged in the exploration for and the production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products, electricity. Hess Corp. has a market cap of $17.42 billion; its shares were traded at around $53.44 with a P/E ratio of 11.5 and P/S ratio of 0.6. The dividend yield of Hess Corp. stocks is 0.8%. Hess Corp. had an annual average earning growth of 8.4% over the past 10 years. GuruFocus rated Hess Corp. the business predictability rank of 4-star.
Added: Chesapeake Energy Corp. (CHK, Financial)
T Boone Pickens added to his holdings in Chesapeake Energy Corp. by 114.6%. His purchase prices were between $20.75 and $25.36, with an estimated average price of $23.44. The impact to his portfolio due to this purchase was 3.17%. His holdings were 589,616 shares as of 06/30/2010.Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corp. has a market cap of $13.71 billion; its shares were traded at around $21.32 with a P/E ratio of 6.9 and P/S ratio of 1.8. The dividend yield of Chesapeake Energy Corp. stocks is 1.4%. Chesapeake Energy Corp. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Chesapeake Energy Corp. the business predictability rank of 2-star.
Added: Anadarko Petroleum Corp. (APC, Financial)
T Boone Pickens added to his holdings in Anadarko Petroleum Corp. by 134.51%. His purchase prices were between $34.83 and $74.74, with an estimated average price of $56.98. The impact to his portfolio due to this purchase was 3.12%. His holdings were 314,134 shares as of 06/30/2010.Anadarko Petroleum Corporation is one of the world's largest independentoil and gas exploration and production companies. Anadarko Petroleum Corp. has a market cap of $26.51 billion; its shares were traded at around $53.05 with a P/E ratio of 43.6 and P/S ratio of 3. The dividend yield of Anadarko Petroleum Corp. stocks is 0.7%. Anadarko Petroleum Corp. had an annual average earning growth of 12.8% over the past 10 years. GuruFocus rated Anadarko Petroleum Corp. the business predictability rank of 2-star.
Added: Suncor Energy Inc. (SU, Financial)
T Boone Pickens added to his holdings in Suncor Energy Inc. by 48.32%. His purchase prices were between $28.51 and $35.3, with an estimated average price of $32.39. The impact to his portfolio due to this purchase was 2.55%. His holdings were 553,294 shares as of 06/30/2010.SUNCOR ENERGY is a world leader in mining and extracting crude oil from the vast oil sands deposits of northern Alberta. Suncor Energy Inc. has a market cap of $50.53 billion; its shares were traded at around $32.41 with a P/E ratio of 33.7 and P/S ratio of 2.1. The dividend yield of Suncor Energy Inc. stocks is 1.2%. Suncor Energy Inc. had an annual average earning growth of 17.5% over the past 10 years. GuruFocus rated Suncor Energy Inc. the business predictability rank of 2-star.
Added: Consol Energy Inc. (CNX, Financial)
T Boone Pickens added to his holdings in Consol Energy Inc. by 70.56%. His purchase prices were between $33.73 and $46.26, with an estimated average price of $40.04. The impact to his portfolio due to this purchase was 0.57%. His holdings were 85,278 shares as of 06/30/2010.CONSOL Energy Inc. is the largest producer of high-Btu bituminous coal in the United States, and the largest exporter of U. Consol Energy Inc. has a market cap of $8.14 billion; its shares were traded at around $36.31 with a P/E ratio of 14.1 and P/S ratio of 1.7. The dividend yield of Consol Energy Inc. stocks is 1.1%. Consol Energy Inc. had an annual average earning growth of 30.3% over the past 10 years. GuruFocus rated Consol Energy Inc. the business predictability rank of 3-star.
Added: Sandridge Energy Inc (SD, Financial)
T Boone Pickens added to his holdings in Sandridge Energy Inc by 4.95%. His purchase prices were between $5.4 and $7.85, with an estimated average price of $6.85. The impact to his portfolio due to this purchase was 0.25%. His holdings were 1,888,954 shares as of 06/30/2010.SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City with its principal focus on exploration and production. Sandridge Energy Inc has a market cap of $943.7 million; its shares were traded at around $4.49 with a P/E ratio of 8.7 and P/S ratio of 1.6.
New Purchase: Devon Energy Corp. (DVN, Financial)
T Boone Pickens initiated holdings in Devon Energy Corp.. His purchase prices were between $60.29 and $70.13, with an estimated average price of $66.01. The impact to his portfolio due to this purchase was 5.57%. His holdings were 190,454 shares as of 06/30/2010.Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration, development and production, and in the acquisition of producing properties. Devon Energy Corp. has a market cap of $28.59 billion; its shares were traded at around $63.8 with a P/E ratio of 10.6 and P/S ratio of 3.5. The dividend yield of Devon Energy Corp. stocks is 1%.
New Purchase: Southwestern Energy Company (SWN, Financial)
T Boone Pickens initiated holdings in Southwestern Energy Company. His purchase prices were between $35.86 and $44.99, with an estimated average price of $40.58. The impact to his portfolio due to this purchase was 3.52%. His holdings were 189,507 shares as of 06/30/2010.Southwestern Energy Company is an energy company primarily focused on natural gas. Southwestern Energy Company has a market cap of $12.04 billion; its shares were traded at around $34.96 with a P/E ratio of 21.4 and P/S ratio of 5.6. Southwestern Energy Company had an annual average earning growth of 20% over the past 10 years.
New Purchase: Oceaneering International Inc. (OII, Financial)
T Boone Pickens initiated holdings in Oceaneering International Inc.. His purchase prices were between $40.37 and $68.26, with an estimated average price of $55.26. The impact to his portfolio due to this purchase was 3.19%. His holdings were 147,815 shares as of 06/30/2010.OCEANEERING INTERNATIONAL, INC. is an advanced applied technology company that provides engineered services and hardware to customers who operate in marine, space and other harsh environments. Oceaneering International Inc. has a market cap of $2.83 billion; its shares were traded at around $51.98 with a P/E ratio of 15.1 and P/S ratio of 1.6. Oceaneering International Inc. had an annual average earning growth of 29.7% over the past 10 years. GuruFocus rated Oceaneering International Inc. the business predictability rank of 4-star.
New Purchase: Quicksilver Resources Inc. (KWK, Financial)
T Boone Pickens initiated holdings in Quicksilver Resources Inc.. His purchase prices were between $10.96 and $15.35, with an estimated average price of $13.17. The impact to his portfolio due to this purchase was 3.17%. His holdings were 599,788 shares as of 06/30/2010.Quicksilver Resources Inc. is an independent energy company engaged in the acquisition, development, exploration, production and sale of natural gas, crude oil and condensate and the gathering, processing and transmission of natural gas. Quicksilver Resources Inc. has a market cap of $1.97 billion; its shares were traded at around $11.93 with a P/E ratio of 12.9 and P/S ratio of 2.4.
New Purchase: Apache Corp. (APA, Financial)
T Boone Pickens initiated holdings in Apache Corp.. His purchase prices were between $84.51 and $109.87, with an estimated average price of $97.4. The impact to his portfolio due to this purchase was 3.1%. His holdings were 76,750 shares as of 06/30/2010.Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. Apache Corp. has a market cap of $31.16 billion; its shares were traded at around $93 with a P/E ratio of 11.4 and P/S ratio of 3.7. The dividend yield of Apache Corp. stocks is 0.7%. Apache Corp. had an annual average earning growth of 16.6% over the past 10 years. GuruFocus rated Apache Corp. the business predictability rank of 3-star.
New Purchase: Chevron Corp. (CVX, Financial)
T Boone Pickens initiated holdings in Chevron Corp.. His purchase prices were between $68.36 and $82.83, with an estimated average price of $76.64. The impact to his portfolio due to this purchase was 3.09%. His holdings were 94,753 shares as of 06/30/2010.Chevron is the fifth-largest integrated energy company in the world. Chevron Corp. has a market cap of $156.88 billion; its shares were traded at around $77.77 with a P/E ratio of 9.4 and P/S ratio of 0.9. The dividend yield of Chevron Corp. stocks is 3.7%. Chevron Corp. had an annual average earning growth of 11.5% over the past 10 years. GuruFocus rated Chevron Corp. the business predictability rank of 3-star.
New Purchase: Encana Corp. (ECA, Financial)
T Boone Pickens initiated holdings in Encana Corp.. His purchase prices were between $29.26 and $34.73, with an estimated average price of $32.12. The impact to his portfolio due to this purchase was 2.76%. His holdings were 189,507 shares as of 06/30/2010.EnCana Corporation is one of the world's largest independent natural gas producers and gas storage operators. Encana Corp. has a market cap of $20.96 billion; its shares were traded at around $28.68 with a P/E ratio of 13 and P/S ratio of 1.9. The dividend yield of Encana Corp. stocks is 2.8%. Encana Corp. had an annual average earning growth of 20.7% over the past 10 years.
New Purchase: Clayton Williams Energy Inc. (CWEI)
T Boone Pickens initiated holdings in Clayton Williams Energy Inc.. His purchase prices were between $36.07 and $53.75, with an estimated average price of $46.19. The impact to his portfolio due to this purchase was 2.37%. His holdings were 117,371 shares as of 06/30/2010.Clayton Williams Energy is an independent oil and gas company engaged in the exploration for and development and production of oil and natural gas primarily in Texas, Louisiana and New Mexico. Clayton Williams Energy Inc. has a market cap of $544.8 million; its shares were traded at around $44.85 with a P/E ratio of 135.9 and P/S ratio of 2.1. Clayton Williams Energy Inc. had an annual average earning growth of 11.9% over the past 10 years.
New Purchase: Fluor Corp. (FLR)
T Boone Pickens initiated holdings in Fluor Corp.. His purchase prices were between $42.22 and $55.13, with an estimated average price of $48.39. The impact to his portfolio due to this purchase was 2.03%. His holdings were 99,491 shares as of 06/30/2010.Fluor is a FORTUNE 500 company that delivers engineering, procurement, construction, maintenance (EPCM), and project management to governments and clients in diverse industries around the world. Fluor Corp. has a market cap of $8.36 billion; its shares were traded at around $47 with a P/E ratio of 14 and P/S ratio of 0.4. The dividend yield of Fluor Corp. stocks is 1.1%. Fluor Corp. had an annual average earning growth of 22% over the past 10 years. GuruFocus rated Fluor Corp. the business predictability rank of 2-star.
New Purchase: Plains Exploration & Production Company (PXP)
T Boone Pickens initiated holdings in Plains Exploration & Production Company. His purchase prices were between $19.34 and $34.55, with an estimated average price of $26.33. The impact to his portfolio due to this purchase was 1.72%. His holdings were 174,346 shares as of 06/30/2010.PLAINS EXPLORATION & PRODUCTION COMPANY is an independent oil and gas company primarily engaged in the activities of acquiring, developing, exploring and producing oil and gas properties primarily in the United States. Plains Exploration & Production Company has a market cap of $3.4 billion; its shares were traded at around $23.88 with a P/E ratio of 7.2 and P/S ratio of 2.8.
New Purchase: Murphy Oil Corp. (MUR)
T Boone Pickens initiated holdings in Murphy Oil Corp.. His purchase prices were between $49.71 and $61.82, with an estimated average price of $55.95. The impact to his portfolio due to this purchase was 1.13%. His holdings were 47,377 shares as of 06/30/2010.Murphy Oil Corporation is a worldwide oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom and crude oil transportation and trading operations in Canada. Murphy Oil Corp. has a market cap of $11.08 billion; its shares were traded at around $56.59 with a P/E ratio of 14.4 and P/S ratio of 0.6. The dividend yield of Murphy Oil Corp. stocks is 1.9%. Murphy Oil Corp. had an annual average earning growth of 19% over the past 10 years. GuruFocus rated Murphy Oil Corp. the business predictability rank of 5-star.
New Purchase: Massey Energy Company (MEE)
T Boone Pickens initiated holdings in Massey Energy Company. His purchase prices were between $27.95 and $54.69, with an estimated average price of $36.33. The impact to his portfolio due to this purchase was 0.86%. His holdings were 65,380 shares as of 06/30/2010.Massey Energy Company produces, processes and sells bituminous, low sulfur coal of steam and metallurgical grades through its processing and shipping centers. Massey Energy Company has a market cap of $3.36 billion; its shares were traded at around $32.74 with a P/E ratio of 38.8 and P/S ratio of 1.2. The dividend yield of Massey Energy Company stocks is 0.8%. Massey Energy Company had an annual average earning growth of 12.5% over the past 10 years.
Reduced: Transocean Inc. (RIG)
T Boone Pickens reduced to his holdings in Transocean Inc. by 41.64%. His sale prices were between $42.58 and $92.03, with an estimated average price of $66.32. The impact to his portfolio due to this sale was -1.87%. T Boone Pickens still held 201,908 shares as of 06/30/2010.Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells. Transocean Inc. has a market cap of $17.53 billion; its shares were traded at around $54.53 with a P/E ratio of 6.4 and P/S ratio of 1.5. Transocean Inc. had an annual average earning growth of 22% over the past 10 years. GuruFocus rated Transocean Inc. the business predictability rank of 2-star.
