Top 5 4th Quarter Trades of VIKING FUND MANAGEMENT LLC

VIKING FUND MANAGEMENT LLC recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.

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.

PO BOX 500 MINOT, ND 58702-0500

As of the latest 13F report, the guru’s equity portfolio contained 111 stocks valued at a total of $504.00Mil. The top holdings were

According to GuruFocus data, these were VIKING FUND MANAGEMENT LLC’s top five trades of the quarter.

TC Energy Corp


The guru established a new position worth 170,000 shares in NYSE:TRP, giving the stock a 1.34% weight in the equity portfolio. Shares traded for an average price of $43.37 during the quarter.

On 02/02/2023, TC Energy Corp traded for a price of $41.455 per share and a market cap of $41.37Bil. The stock has returned -13.96% over the past year.

GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, TC Energy Corp has a price-earnings ratio of 16.53, a price-book ratio of 1.67, a price-earnings-to-growth (PEG) ratio of 2.71, a EV-to-Ebitda ratio of 12.09 and a price-sales ratio of 3.75.

The price-to-GF Value ratio is 0.92, earning the stock a GF Value rank of 7.

Targa Resources Corp


The guru established a new position worth 65,000 shares in NYSE:TRGP, giving the stock a 0.95% weight in the equity portfolio. Shares traded for an average price of $69.78 during the quarter.

On 02/02/2023, Targa Resources Corp traded for a price of $74.34 per share and a market cap of $16.83Bil. The stock has returned 24.58% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, Targa Resources Corp has a price-earnings ratio of 71.48, a price-book ratio of 7.05, a EV-to-Ebitda ratio of 11.59 and a price-sales ratio of 0.79.

The price-to-GF Value ratio is 0.78, earning the stock a GF Value rank of 9.

Tenaris SA


The guru established a new position worth 100,000 shares in NYSE:TS, giving the stock a 0.7% weight in the equity portfolio. Shares traded for an average price of $32 during the quarter.

On 02/02/2023, Tenaris SA traded for a price of $32.855 per share and a market cap of $19.31Bil. The stock has returned 31.23% over the past year.

GuruFocus gives the company a financial strength rating of 9 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, Tenaris SA has a price-earnings ratio of 9.18, a price-book ratio of 1.33, a EV-to-Ebitda ratio of 6.39 and a price-sales ratio of 1.84.

The price-to-GF Value ratio is 0.87, earning the stock a GF Value rank of 9.

Bank of America Corp


During the quarter, VIKING FUND MANAGEMENT LLC bought 100,000 shares of NYSE:BAC for a total holding of 130,000. The trade had a 0.65% impact on the equity portfolio. During the quarter, the stock traded for an average price of $34.44.

On 02/02/2023, Bank of America Corp traded for a price of $36.1299 per share and a market cap of $288.92Bil. The stock has returned -21.04% 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, Bank of America Corp has a price-earnings ratio of 11.33, a price-book ratio of 1.18, a price-earnings-to-growth (PEG) ratio of 2.10 and a price-sales ratio of 3.13.

The price-to-GF Value ratio is 0.90, earning the stock a GF Value rank of 7.

Archaea Energy Inc


The guru sold out of their 150,000-share investment in NYSE:LFG. Previously, the stock had a 0.64% weight in the equity portfolio. Shares traded for an average price of $24.58 during the quarter.

On 02/02/2023, Archaea Energy Inc traded for a price of $26 per share and a market cap of $2.12Bil. The stock has returned 47.81% over the past year.

GuruFocus gives the company a financial strength rating of 2 out of 10 and a profitability rating of 1 out of 10.

In terms of valuation, Archaea Energy Inc has a price-book ratio of 16.25, a EV-to-Ebitda ratio of 55.23 and a price-sales ratio of 6.86.


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.

When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.

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