Petroleum & Resources Corp Buys FMC Corp, Freeport-McMoRan Inc, Nucor Corp, Sells Celanese Corp, Valero Energy Corp, International Paper Co

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Apr 16, 2020
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Baltimore, MD, based Investment company Petroleum & Resources Corp (Current Portfolio) buys FMC Corp, Freeport-McMoRan Inc, Nucor Corp, Ecolab Inc, Packaging Corp of America, sells Celanese Corp, Valero Energy Corp, International Paper Co, Vulcan Materials Co, CF Industries Holdings Inc during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Petroleum & Resources Corp. As of 2020Q1, Petroleum & Resources Corp owns 57 stocks with a total value of $298 million. These are the details of the buys and sells.

For the details of PETROLEUM & RESOURCES CORP's stock buys and sells, go to https://www.gurufocus.com/guru/petroleum+%26+resources+corp/current-portfolio/portfolio

These are the top 5 holdings of PETROLEUM & RESOURCES CORP
  1. Exxon Mobil Corp (XOM) - 1,586,030 shares, 20.18% of the total portfolio. Shares added by 7.18%
  2. Chevron Corp (CVX) - 766,200 shares, 18.61% of the total portfolio. Shares added by 2.46%
  3. Linde PLC (LIN) - 103,100 shares, 5.98% of the total portfolio. Shares reduced by 1.15%
  4. ConocoPhillips (COP) - 524,800 shares, 5.42% of the total portfolio. Shares reduced by 1.63%
  5. Kinder Morgan Inc (KMI) - 730,000 shares, 3.41% of the total portfolio. Shares reduced by 7.24%
New Purchase: Materials Select Sector SPDR (XLB)

Petroleum & Resources Corp initiated holding in Materials Select Sector SPDR. The purchase prices were between $38.35 and $61.42, with an estimated average price of $55.41. The stock is now traded at around $47.83. The impact to a portfolio due to this purchase was 0.31%. The holding were 20,500 shares as of .

Added: FMC Corp (FMC)

Petroleum & Resources Corp added to a holding in FMC Corp by 166.67%. The purchase prices were between $59.82 and $108.29, with an estimated average price of $93.25. The stock is now traded at around $81.90. The impact to a portfolio due to this purchase was 0.62%. The holding were 36,000 shares as of .

Added: Freeport-McMoRan Inc (FCX)

Petroleum & Resources Corp added to a holding in Freeport-McMoRan Inc by 146.11%. The purchase prices were between $5.31 and $13.53, with an estimated average price of $10.57. The stock is now traded at around $7.42. The impact to a portfolio due to this purchase was 0.52%. The holding were 383,200 shares as of .

Added: Nucor Corp (NUE)

Petroleum & Resources Corp added to a holding in Nucor Corp by 138.36%. The purchase prices were between $28.42 and $56.28, with an estimated average price of $44.77. The stock is now traded at around $35.13. The impact to a portfolio due to this purchase was 0.51%. The holding were 72,700 shares as of .

Added: Ecolab Inc (ECL)

Petroleum & Resources Corp added to a holding in Ecolab Inc by 31.80%. The purchase prices were between $125.22 and $210.31, with an estimated average price of $188.41. The stock is now traded at around $171.93. The impact to a portfolio due to this purchase was 0.4%. The holding were 31,500 shares as of .

Added: Packaging Corp of America (PKG)

Petroleum & Resources Corp added to a holding in Packaging Corp of America by 146.74%. The purchase prices were between $76.22 and $111.99, with an estimated average price of $97.41. The stock is now traded at around $83.68. The impact to a portfolio due to this purchase was 0.39%. The holding were 22,700 shares as of .

Added: Concho Resources Inc (CXO)

Petroleum & Resources Corp added to a holding in Concho Resources Inc by 24.21%. The purchase prices were between $36 and $93.11, with an estimated average price of $70.29. The stock is now traded at around $45.61. The impact to a portfolio due to this purchase was 0.24%. The holding were 84,640 shares as of .

Sold Out: Cimarex Energy Co (XEC)

Petroleum & Resources Corp sold out a holding in Cimarex Energy Co. The sale prices were between $13.25 and $55.13, with an estimated average price of $36.46.



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