SHENKMAN CAPITAL MANAGEMENT INC 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.
461 Fifth Ave New York, NY 10017
As of the latest 13F report, the guru’s equity portfolio contained 3 stocks valued at a total of $41.00Mil. The top holdings were DO(55.52%), SMLP(26.98%), and NE(17.50%).
According to GuruFocus data, these were SHENKMAN CAPITAL MANAGEMENT INC’s top five trades of the quarter.
Diamond Offshore Drilling Inc
The guru established a new position worth 3,950,770 shares in NYSE:DO, giving the stock a 55.52% weight in the equity portfolio. Shares traded for an average price of $7.47 during the quarter.
On 08/17/2022, Diamond Offshore Drilling Inc traded for a price of $6.94 per share and a market cap of $703.59Mil. The stock has returned 0.00% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 1 out of 10.
In terms of valuation, Diamond Offshore Drilling Inc has a price-book ratio of 0.92, a EV-to-Ebitda ratio of -143.37 and a price-sales ratio of 3.73.
Noble Corp
The guru established a new position worth 280,044 shares in NYSE:NE, giving the stock a 17.5% weight in the equity portfolio. Shares traded for an average price of $32.94 during the quarter.
On 08/17/2022, Noble Corp traded for a price of $30.42 per share and a market cap of $2.04Bil. The stock has returned 44.17% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Noble Corp has a price-earnings ratio of 9999.00, a price-book ratio of 0.01, a EV-to-Ebitda ratio of 0.83 and a price-sales ratio of 0.02.
The price-to-GF Value ratio is 0.07, earning the stock a GF Value rank of 2.
Summit Midstream Partners LP
The guru established a new position worth 859,826 shares in NYSE:SMLP, giving the stock a 100% weight in the equity portfolio. Shares traded for an average price of $20.56 during the quarter.
On 08/17/2022, Summit Midstream Partners LP traded for a price of $16 per share and a market cap of $162.66Mil. The stock has returned -52.91% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Summit Midstream Partners LP has a price-book ratio of 0.20, a EV-to-Ebitda ratio of 14.31 and a price-sales ratio of 0.34.
The price-to-GF Value ratio is 1.32, earning the stock a GF Value rank of 3.
Oasis Petroleum Inc
The guru sold out of their 6,717-share investment in NAS:CHRD. Previously, the stock had a 22.58% weight in the equity portfolio. Shares traded for an average price of $119.38 during the quarter.
On 08/17/2022, Oasis Petroleum Inc traded for a price of $132.36 per share and a market cap of $5.49Bil. The stock has returned 56.96% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Oasis Petroleum Inc has a price-earnings ratio of 3.02, a price-book ratio of 2.18, a EV-to-Ebitda ratio of 12.50 and a price-sales ratio of 1.22.
Gulfport Energy Corp
The guru sold out of their 3,739-share investment in NYSE:GPOR. Previously, the stock had a 10.38% weight in the equity portfolio. Shares traded for an average price of $77.82 during the quarter.
On 08/17/2022, Gulfport Energy Corp traded for a price of $91.03 per share and a market cap of $1.79Bil. The stock has returned 40.02% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Gulfport Energy Corp has a price-earnings ratio of 9999.00 and a EV-to-Ebitda ratio of -1.40.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 2.
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.
Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!
This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
