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Oslo Asset Management ASA Buys Devon Energy Corp, Noble Energy Inc

- By insider

Oslo, Q8, based Investment company Oslo Asset Management ASA buys Devon Energy Corp, Noble Energy Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Oslo Asset Management ASA. As of 2019Q1, Oslo Asset Management ASA owns 13 stocks with a total value of $446 million. These are the details of the buys and sells.

  • Added Positions: DVN, NBL, QEP, PDCE, PE, APC, SM, OAS, NGS,
  • Reduced Positions: PXD, GPOR,


For the details of Oslo Asset Management ASA's stock buys and sells,
go to https://www.gurufocus.com/guru/oslo+asset+management+asa/current-portfolio/portfolio

These are the top 5 holdings of Oslo Asset Management ASA

  1. QEP Resources Inc (QEP) - 6,993,278 shares, 12.22% of the total portfolio. Shares added by 13.58%
  2. SM Energy Co (SM) - 2,489,343 shares, 9.76% of the total portfolio. Shares added by 3.20%
  3. PDC Energy Inc (PDCE) - 1,065,291 shares, 9.72% of the total portfolio. Shares added by 8.37%
  4. Devon Energy Corp (DVN) - 1,337,586 shares, 9.47% of the total portfolio. Shares added by 20.97%
  5. Gulfport Energy Corp (GPOR) - 5,078,733 shares, 9.13% of the total portfolio. Shares reduced by 2.98%

Added: Devon Energy Corp (DVN)

Oslo Asset Management ASA added to a holding in Devon Energy Corp by 20.97%. The purchase prices were between $22.54 and $31.88, with an estimated average price of $27.85. The stock is now traded at around $32.14. The impact to a portfolio due to this purchase was 1.64%. The holding were 1,337,586 shares as of .

Added: Noble Energy Inc (NBL)

Oslo Asset Management ASA added to a holding in Noble Energy Inc by 36.99%. The purchase prices were between $18.76 and $25.08, with an estimated average price of $22.59. The stock is now traded at around $27.06. The impact to a portfolio due to this purchase was 1.56%. The holding were 1,044,300 shares as of .



Here is the complete portfolio of Oslo Asset Management ASA. Also check out:

1. Oslo Asset Management ASA's Undervalued Stocks

2. Oslo Asset Management ASA's Top Growth Companies, and

3. Oslo Asset Management ASA's High Yield stocks

4. Stocks that Oslo Asset Management ASA keeps buyingThis article first appeared on GuruFocus.