If you want more money going to Dubai!
I'm watching Kieth Olberman and the Premier of MSNBC's Rachel Maddow Show, which I'm a HUGE FAN because she's also a talk show host on Air America, and a Gay icon with a tremendous amount of integrity and calm strength.
I couldn't help noticing all of these natural gas commercials, and a company with the vast majority of holdings, called Chesapeake Energy Corp. What is the question we need to ask? Exactly--Who owns this company? T. Boone Pickens, a neo-liberal oil man who has a great idea, even a green idea. But, do you want this guy to be the one who makes money off of the remaking of our energy infrastructure? I don't! Now that Halliburton has moved its corporate offices to Dubai, all this does is tie our energy again to countries who are suspect in funding terrorism, and to Cheney.
T Boone Pickens Buys Chesapeake Energy Corp., Devon Energy Corp., Halliburton Company., Tenaris S.A., Sells Titanium Metals Corp, From www.gurufocus.com: Sock Market Insight article, August 27,2008.
As oil prices decline, energy stocks lost their multi-year uptrend and come down quickly. But oil man billionaire T Boone Pickens is buying more. If you like to buy more energy stocks, see what T Boone Pickens is buying. T Boone Pickens owns 27 stocks with a total value of $2.1 billion. These are his buys and sells during the second quarter.
T Boone Pickens buys Chesapeake Energy Corp., Devon Energy Corp., Tenaris S.A., EOG Resources Inc., BPZ RESOURCES, INC, sells Titanium Metals Corp. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, BP Capital. T Boone Pickens owns 27 stocks with a total value of $2.1 billion. These are the details of the buys and sells.
New Purchases: BZP, CHK, DVN, EOG, TS,
Added Positions: ABB, DNR, FLR, HAL, JEC, OXY, RIG, SGR, SLB, SU, TLM, WFT, XTO,
Sold Out: TIE,
For the details of T Boone Pickens's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=T+Boone+Pickens
Added: Halliburton Company (HAL)
T Boone Pickens added to his holdings in Halliburton Company by 65.78%. His purchase prices were between $40.99 and $52.16, with an estimated average price of $47.5. The impact to his portfolio due to this purchase was 2.43%. His holdings were 2,447,470 shares as of 06/30/2008.
Halliburton Company provides a variety of services equipment maintenance and engineering and construction to energy industrial and governmental customers. The company is made up of the following three business segments: Energy Services Group Engineering and Construction Group and Dresser Equipment Group. Halliburton Company has a market cap of $38.24 billion; its shares were traded at around $43.61 with a P/E ratio of 15.90 and P/S ratio of 2.35. The dividend yield of Halliburton Company stocks is 0.83%.
No comments:
Post a Comment