Top 5 2nd Quarter Trades of Oslo Asset Management AS

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Aug 08, 2022
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Oslo Asset Management AS recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.

The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.

Henrik Ibsens Gate 20 Oslo, Q8 0255

As of the latest 13F report, the guru’s equity portfolio contained 16 stocks valued at a total of $92.00Mil. The top holdings were PDCE(11.08%), SM(10.39%), and NE(9.97%).

According to GuruFocus data, these were Oslo Asset Management AS’s top five trades of the quarter.

Devon Energy Corp


Oslo Asset Management AS reduced their investment in NYSE:DVN by 75,000 shares. The trade had a 5.83% impact on the equity portfolio. During the quarter, the stock traded for an average price of $65.21.

On 08/08/2022, Devon Energy Corp traded for a price of $57.49 per share and a market cap of $37.47Bil. The stock has returned 125.21% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, Devon Energy Corp has a price-earnings ratio of 7.26, a price-book ratio of 3.71, a EV-to-Ebitda ratio of 4.59 and a price-sales ratio of 2.20.

The price-to-GF Value ratio is 1.55, earning the stock a GF Value rank of 1.

PDC Energy Inc


During the quarter, Oslo Asset Management AS bought 80,000 shares of NAS:PDCE for a total holding of 165,727. The trade had a 5.35% impact on the equity portfolio. During the quarter, the stock traded for an average price of $72.47.

On 08/08/2022, PDC Energy Inc traded for a price of $55.525 per share and a market cap of $5.35Bil. The stock has returned 46.19% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, PDC Energy Inc has a price-earnings ratio of 11.06, a price-book ratio of 1.93, a EV-to-Ebitda ratio of 4.94 and a price-sales ratio of 1.84.

The price-to-GF Value ratio is 1.06, earning the stock a GF Value rank of 5.

Coterra Energy Inc


Oslo Asset Management AS reduced their investment in NYSE:CTRA by 150,000 shares. The trade had a 5.32% impact on the equity portfolio. During the quarter, the stock traded for an average price of $30.28.

On 08/08/2022, Coterra Energy Inc traded for a price of $28.055 per share and a market cap of $22.30Bil. The stock has returned 75.49% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, Coterra Energy Inc has a price-earnings ratio of 7.82, a price-book ratio of 1.83, a price-earnings-to-growth (PEG) ratio of 0.07, a EV-to-Ebitda ratio of 4.91 and a price-sales ratio of 3.08.

The price-to-GF Value ratio is 0.66, earning the stock a GF Value rank of 8.

Antero Resources Corp


The guru established a new position worth 115,000 shares in NYSE:AR, giving the stock a 3.83% weight in the equity portfolio. Shares traded for an average price of $36.48 during the quarter.

On 08/08/2022, Antero Resources Corp traded for a price of $36.24 per share and a market cap of $11.11Bil. The stock has returned 166.45% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 5 out of 10.

In terms of valuation, Antero Resources Corp has a price-earnings ratio of 13.49, a price-book ratio of 1.87, a EV-to-Ebitda ratio of 7.35 and a price-sales ratio of 1.54.

The price-to-GF Value ratio is 2.15, earning the stock a GF Value rank of 1.

SM Energy Co


During the quarter, Oslo Asset Management AS bought 99,000 shares of NYSE:SM for a total holding of 280,108. The trade had a 3.67% impact on the equity portfolio. During the quarter, the stock traded for an average price of $40.61.

On 08/08/2022, SM Energy Co traded for a price of $37.23 per share and a market cap of $4.56Bil. The stock has returned 100.16% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, SM Energy Co has a price-earnings ratio of 5.26, a price-book ratio of 1.86, a EV-to-Ebitda ratio of 3.15 and a price-sales ratio of 1.38.

The price-to-GF Value ratio is 1.40, earning the stock a GF Value rank of 1.


Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.

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