Heronetta Management, L.P. Buys Hess Midstream Operations LP, BP Midstream Partners LP, Phillips 66 Partners LP, Sells Tallgrass Energy LP, EQM Midstream Partners LP, Hess Midstream Operations LP

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May 08, 2020
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New York, NY, based Investment company Heronetta Management, L.P. (Current Portfolio) buys Hess Midstream Operations LP, BP Midstream Partners LP, Phillips 66 Partners LP, Western Midstream Partners LP, NuStar Energy LP, sells Tallgrass Energy LP, EQM Midstream Partners LP, Hess Midstream Operations LP, Targa Resources Corp during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Heronetta Management, L.P.. As of 2020Q1, Heronetta Management, L.P. owns 23 stocks with a total value of $84 million. These are the details of the buys and sells.

For the details of Heronetta Management, L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/heronetta+management%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of Heronetta Management, L.P.
  1. Enterprise Products Partners LP (EPD) - 894,180 shares, 15.26% of the total portfolio. Shares added by 6.69%
  2. Magellan Midstream Partners LP (MMP) - 251,598 shares, 10.95% of the total portfolio. Shares added by 10.11%
  3. Energy Transfer LP (ET) - 1,423,058 shares, 7.81% of the total portfolio. Shares added by 8.54%
  4. Canadian Pacific Railway Ltd (CP) - 20,000 shares, 7.41% of the total portfolio. Shares reduced by 14.89%
  5. Enbridge Inc (ENB) - 144,803 shares, 7.01% of the total portfolio. Shares reduced by 5.05%
New Purchase: Hess Midstream Operations LP (HESM)

Heronetta Management, L.P. initiated holding in Hess Midstream Operations LP. The purchase prices were between $6.24 and $25.58, with an estimated average price of $19.02. The stock is now traded at around $16.16. The impact to a portfolio due to this purchase was 1.53%. The holding were 126,500 shares as of .

Added: BP Midstream Partners LP (BPMP)

Heronetta Management, L.P. added to a holding in BP Midstream Partners LP by 51.78%. The purchase prices were between $6.89 and $16.93, with an estimated average price of $13.12. The stock is now traded at around $11.85. The impact to a portfolio due to this purchase was 0.71%. The holding were 187,300 shares as of .

Added: Phillips 66 Partners LP (PSXP)

Heronetta Management, L.P. added to a holding in Phillips 66 Partners LP by 20.53%. The purchase prices were between $24.51 and $64.78, with an estimated average price of $53.47. The stock is now traded at around $44.12. The impact to a portfolio due to this purchase was 0.34%. The holding were 45,200 shares as of .

Added: Western Midstream Partners LP (WES)

Heronetta Management, L.P. added to a holding in Western Midstream Partners LP by 30.20%. The purchase prices were between $3.11 and $21.7, with an estimated average price of $13.99. The stock is now traded at around $7.16. The impact to a portfolio due to this purchase was 0.29%. The holding were 322,891 shares as of .

Added: NuStar Energy LP (NS)

Heronetta Management, L.P. added to a holding in NuStar Energy LP by 29.22%. The purchase prices were between $6.77 and $28.53, with an estimated average price of $22.01. The stock is now traded at around $12.31. The impact to a portfolio due to this purchase was 0.04%. The holding were 17,690 shares as of .

Sold Out: Tallgrass Energy LP (TGE)

Heronetta Management, L.P. sold out a holding in Tallgrass Energy LP. The sale prices were between $12.76 and $22.33, with an estimated average price of $20.53.

Sold Out: EQM Midstream Partners LP (EQM)

Heronetta Management, L.P. sold out a holding in EQM Midstream Partners LP. The sale prices were between $9.5 and $30.57, with an estimated average price of $20.67.

Sold Out: Hess Midstream Operations LP (5HM)

Heronetta Management, L.P. sold out a holding in Hess Midstream Operations LP. The sale prices were between $5.66 and $22.57, with an estimated average price of $17.02.

Reduced: Targa Resources Corp (TRGP)

Heronetta Management, L.P. reduced to a holding in Targa Resources Corp by 36.46%. The sale prices were between $4.73 and $41.97, with an estimated average price of $30.18. The stock is now traded at around $13.80. The impact to a portfolio due to this sale was -0.33%. Heronetta Management, L.P. still held 21,608 shares as of .



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