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T Boone Pickens Buys Peabody Energy Corp., Chesapeake Energy Corp., Sells ABB Ltd., Westport Innovations Inc, Valero Energy Corp.

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gurufocus
Feb 20, 2009
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Oil is way down from its peak. Where will it go? It seems T Boone Pickens sold out most of his oil positions. Is he seeing something? These are his portoflio change in BP Capital.


T Boone Pickens buys Peabody Energy Corp., Chesapeake Energy Corp., sells ABB Ltd., Westport Innovations Inc, Valero Energy Corp., Tenaris S.A., Talisman Energy Inc., Schlumberger Ltd., The Shaw Group Inc., SANDRIDGE ENERGY INC, National Oilwell Varco Inc., Petrohawk Energy Corp., Halliburton Company, The Greenbrier Companies Inc., Foster Wheeler Ltd., Fluor Corp., DresserRand Group Inc., Chevron Corp., Clean Energy Fuels Corp., BPZ RESOURCES, INC, XTO Energy Inc. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, BP Capital. T Boone Pickens owns 9 stocks with a total value of $40 million. These are the details of the buys and sells.


New Purchases: BTU, CHK,

Reduced Positions: DNR, DVN, MMR, OXY, RIG, SU, WFT,


Sold Out: ABB, BZP, CLNE, CVX, DRC, FLR, FWLT, GBX, HAL, HK, NOV, SD, SGR, SLB, TLM, TS, VLO, WPRT, XTO,


For the details of T Boone Pickens's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=T+Boone+Pickens
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