Oslo Asset Management AS 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.
Henrik Ibsens Gate 20 Oslo, Q8 0255
As of the latest 13F report, the guru’s equity portfolio contained 9 stocks valued at a total of $69.00Mil. The top holdings were NE(18.77%), VAL(16.71%), and PDCE(14.37%).
According to GuruFocus data, these were Oslo Asset Management AS’s top five trades of the quarter.
Daqo New Energy Corp
During the quarter, Oslo Asset Management AS bought 62,000 shares of NYSE:DQ for a total holding of 170,000. The trade had a 3.48% impact on the equity portfolio. During the quarter, the stock traded for an average price of $48.96.
On 02/07/2023, Daqo New Energy Corp traded for a price of $42.3403 per share and a market cap of $3.17Bil. The stock has returned 16.03% over the past year.
GuruFocus gives the company a financial strength rating of 10 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Daqo New Energy Corp has a price-earnings ratio of 2.00, a price-book ratio of 0.74, a price-earnings-to-growth (PEG) ratio of 0.06, a EV-to-Ebitda ratio of 1.20 and a price-sales ratio of 0.78.
The price-to-GF Value ratio is 0.26, earning the stock a GF Value rank of 2.
Valaris Ltd
Oslo Asset Management AS reduced their investment in NYSE:VAL by 45,000 shares. The trade had a 3.29% impact on the equity portfolio. During the quarter, the stock traded for an average price of $62.39.
On 02/07/2023, Valaris Ltd traded for a price of $75.48999999999999 per share and a market cap of $5.68Bil. The stock has returned 79.81% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 1 out of 10.
In terms of valuation, Valaris Ltd has a price-earnings ratio of 32.54, a price-book ratio of 4.67, a EV-to-Ebitda ratio of 19.54 and a price-sales ratio of 4.85.
Natural Gas Services Group Inc
The guru sold out of their 209,727-share investment in NYSE:NGS. Previously, the stock had a 3.15% weight in the equity portfolio. Shares traded for an average price of $10.92 during the quarter.
On 02/07/2023, Natural Gas Services Group Inc traded for a price of $11.4099 per share and a market cap of $141.76Mil. The stock has returned -5.23% 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, Natural Gas Services Group Inc has a price-book ratio of 0.60, a EV-to-Ebitda ratio of 8.09 and a price-sales ratio of 1.80.
The price-to-GF Value ratio is 0.96, earning the stock a GF Value rank of 7.
Brookfield Infrastructure Partners LP
The guru sold out of their 47,500-share investment in NYSE:BIP. Previously, the stock had a 2.55% weight in the equity portfolio. Shares traded for an average price of $34.93 during the quarter.
On 02/07/2023, Brookfield Infrastructure Partners LP traded for a price of $34.32 per share and a market cap of $15.75Bil. The stock has returned -10.44% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Brookfield Infrastructure Partners LP has a price-earnings ratio of 250.51, a price-book ratio of 2.46, a price-earnings-to-growth (PEG) ratio of 9.45, a EV-to-Ebitda ratio of 7.53 and a price-sales ratio of 1.12.
The price-to-GF Value ratio is 0.70, earning the stock a GF Value rank of 10.
Devon Energy Corp
The guru sold out of their 20,000-share investment in NYSE:DVN. Previously, the stock had a 1.8% weight in the equity portfolio. Shares traded for an average price of $68.16 during the quarter.
On 02/07/2023, Devon Energy Corp traded for a price of $60.38 per share and a market cap of $39.47Bil. The stock has returned 24.82% 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, Devon Energy Corp has a price-earnings ratio of 6.34, a price-book ratio of 3.63, a EV-to-Ebitda ratio of 4.29 and a price-sales ratio of 2.07.
The price-to-GF Value ratio is 1.47, 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.
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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