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EnCap Energy Capital Fund IX, L.P. Buys Montage Resources Corp

- By insider

Investment company EnCap Energy Capital Fund IX, L.P. buys Montage Resources Corp during the 3-months ended 2019Q1, according to the most recent filings of the investment company, EnCap Energy Capital Fund IX, L.P.. As of 2019Q1, EnCap Energy Capital Fund IX, L.P. owns 3 stocks with a total value of $523 million. These are the details of the buys and sells.

  • Added Positions: MR,


For the details of EnCap Energy Capital Fund IX, L.P.'s stock buys and sells,
go to https://www.gurufocus.com/guru/encap+energy+capital+fund+ix%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of EnCap Energy Capital Fund IX, L.P.

  1. Devon Energy Corp (DVN) - 9,759,879 shares, 58.85% of the total portfolio.
  2. Montage Resources Corp (MR) - 7,378,058 shares, 21.20% of the total portfolio. Shares added by 51.92%
  3. SM Energy Co (SM) - 5,971,610 shares, 19.95% of the total portfolio.

Added: Montage Resources Corp (MR)

EnCap Energy Capital Fund IX, L.P. added to a holding in Montage Resources Corp by 51.92%. The purchase prices were between $13.58 and $17.55, with an estimated average price of $16.03. The stock is now traded at around $10.49. The impact to a portfolio due to this purchase was 7.25%. The holding were 7,378,058 shares as of .



Here is the complete portfolio of EnCap Energy Capital Fund IX, L.P.. Also check out:

1. EnCap Energy Capital Fund IX, L.P.'s Undervalued Stocks

2. EnCap Energy Capital Fund IX, L.P.'s Top Growth Companies, and

3. EnCap Energy Capital Fund IX, L.P.'s High Yield stocks

4. Stocks that EnCap Energy Capital Fund IX, L.P. keeps buyingThis article first appeared on GuruFocus.