Covalent Partners LLC Buys Delta Air Lines Inc, Nine Energy Service Inc, Sells Gaming and Leisure Properties Inc, Pioneer Natural Resources Co, NexTier Oilfield Solutions Inc

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Waltham, MA, based Investment company Covalent Partners LLC (Current Portfolio) buys Delta Air Lines Inc, Nine Energy Service Inc, sells Gaming and Leisure Properties Inc, Pioneer Natural Resources Co, NexTier Oilfield Solutions Inc, Monarch Casino & Resort Inc, ProPetro Holding Corp during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Covalent Partners LLC. As of 2020Q2, Covalent Partners LLC owns 13 stocks with a total value of $7 million. These are the details of the buys and sells.

For the details of Covalent Partners LLC's stock buys and sells, go to https://www.gurufocus.com/guru/covalent+partners+llc/current-portfolio/portfolio

These are the top 5 holdings of Covalent Partners LLC
  1. NexTier Oilfield Solutions Inc (NEX) - 874,765 shares, 30.20% of the total portfolio. Shares reduced by 52.62%
  2. Delta Air Lines Inc (DAL) - 60,000 shares, 23.72% of the total portfolio. New Position
  3. American Airlines Group Inc (AAL) - 1,151,000 shares, 12.57% of the total portfolio.
  4. Gaming and Leisure Properties Inc (GLPI) - 21,614 shares, 10.54% of the total portfolio. Shares reduced by 85.09%
  5. Pioneer Natural Resources Co (PXD) - 4,500 shares, 6.20% of the total portfolio. Shares reduced by 83.49%
New Purchase: Delta Air Lines Inc (DAL)

Covalent Partners LLC initiated holding in Delta Air Lines Inc. The purchase prices were between $19.19 and $36.97, with an estimated average price of $25.43. The stock is now traded at around $28.95. The impact to a portfolio due to this purchase was 23.72%. The holding were 60,000 shares as of .

New Purchase: Nine Energy Service Inc (NINE)

Covalent Partners LLC initiated holding in Nine Energy Service Inc. The purchase prices were between $0.75 and $3.91, with an estimated average price of $1.66. The stock is now traded at around $1.70. The impact to a portfolio due to this purchase was 0.47%. The holding were 16,870 shares as of .

Sold Out: Monarch Casino & Resort Inc (MCRI)

Covalent Partners LLC sold out a holding in Monarch Casino & Resort Inc. The sale prices were between $22.71 and $43.33, with an estimated average price of $33.04.

Sold Out: ProPetro Holding Corp (PUMP)

Covalent Partners LLC sold out a holding in ProPetro Holding Corp. The sale prices were between $2.23 and $7.56, with an estimated average price of $4.57.



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