Caymus Capital Partners LP Increases Position in Pdc Energy (PDCE); Sailingstone Capital Partners Has Lifted Its Position in Noble Energy (NBL) by $71.18 Million as Share Price Declined

February 21, 2018 - By Adrian Mccoy

Sailingstone Capital Partners Llc increased its stake in Noble Energy Inc (NBL) by 330.48% based on its latest 2017Q3 regulatory filing with the SEC. Sailingstone Capital Partners Llc bought 2.54 million shares as the company’s stock declined 15.68% while stock markets rallied. The institutional investor held 3.31M shares of the oil & gas production company at the end of 2017Q3, valued at $93.91 million, up from 769,251 at the end of the previous reported quarter. Sailingstone Capital Partners Llc who had been investing in Noble Energy Inc for a number of months, seems to be bullish on the $14.29 billion market cap company. The stock increased 1.55% or $0.45 during the last trading session, reaching $29.57. About 5.12 million shares traded. Noble Energy, Inc. (NYSE:NBL) has declined 10.36% since February 21, 2017 and is downtrending. It has underperformed by 27.06% the S&P500.

Caymus Capital Partners Lp increased its stake in Pdc Energy Inc (PDCE) by 33.28% based on its latest 2017Q3 regulatory filing with the SEC. Caymus Capital Partners Lp bought 380,900 shares as the company’s stock declined 25.81% while stock markets rallied. The hedge fund held 1.53 million shares of the energy company at the end of 2017Q3, valued at $74.79M, up from 1.14M at the end of the previous reported quarter. Caymus Capital Partners Lp who had been investing in Pdc Energy Inc for a number of months, seems to be bullish on the $3.38 billion market cap company. The stock decreased 0.48% or $0.25 during the last trading session, reaching $51.7. About 216,036 shares traded. PDC Energy, Inc. (NASDAQ:PDCE) has declined 13.25% since February 21, 2017 and is downtrending. It has underperformed by 29.95% the S&P500.




Since December 11, 2017, it had 1 buy, and 3 selling transactions for $5.33 million activity. $499,835 worth of Noble Energy, Inc. (NYSE:NBL) was bought by STOVER DAVID L. The insider Fisher Kenneth M. sold $219,483.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.29, from 1.31 in 2017Q2. It turned negative, as 49 investors sold NBL shares while 150 reduced holdings. 43 funds opened positions while 159 raised stakes. 448.27 million shares or 2.45% more from 437.54 million shares in 2017Q2 were reported. California Public Employees Retirement System has 872,389 shares for 0.04% of their portfolio. Ww Investors owns 54.97M shares or 0.35% of their US portfolio. Majedie Asset Ltd has invested 0.23% of its portfolio in Noble Energy, Inc. (NYSE:NBL). Stevens Mngmt Lp holds 36,551 shares or 0.04% of its portfolio. Bancorporation Of Nova Scotia invested in 84,027 shares. Moreover, Plante Moran Advisors Ltd has 0.01% invested in Noble Energy, Inc. (NYSE:NBL) for 434 shares. Oregon Pub Employees Retirement Fund stated it has 48,157 shares. 7,890 were reported by S&Co Inc. Arizona State Retirement System owns 181,688 shares. State Of New Jersey Common Pension Fund D owns 0.02% invested in Noble Energy, Inc. (NYSE:NBL) for 203,000 shares. Farmers And Merchants Invests accumulated 0% or 264 shares. First Midwest Commercial Bank Tru Division owns 11,857 shares for 0.04% of their portfolio. Community Natl Bank Na has invested 0% in Noble Energy, Inc. (NYSE:NBL). Utah Retirement Systems, a Utah-based fund reported 88,243 shares. Caisse De Depot Et Placement Du Quebec has 0.01% invested in Noble Energy, Inc. (NYSE:NBL).

Among 30 analysts covering Noble Energy Inc. (NYSE:NBL), 22 have Buy rating, 0 Sell and 8 Hold. Therefore 73% are positive. Noble Energy Inc. had 104 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained Noble Energy, Inc. (NYSE:NBL) on Tuesday, January 30 with “Buy” rating. The rating was maintained by Wunderlich on Wednesday, July 6 with “Buy”. RBC Capital Markets maintained Noble Energy, Inc. (NYSE:NBL) rating on Tuesday, August 4. RBC Capital Markets has “Outperform” rating and $53 target. The firm earned “Buy” rating on Thursday, September 7 by RBC Capital Markets. The firm has “Buy” rating by Jefferies given on Wednesday, December 20. As per Thursday, June 1, the company rating was maintained by RBC Capital Markets. Wunderlich maintained it with “Buy” rating and $60 target in Friday, September 4 report. The rating was downgraded by Tudor Pickering on Monday, March 28 to “Hold”. The firm earned “Overweight” rating on Monday, September 18 by PiperJaffray. The rating was maintained by BMO Capital Markets on Tuesday, September 5 with “Buy”.

Sailingstone Capital Partners Llc, which manages about $6.37B and $3.73B US Long portfolio, decreased its stake in Advantage Oil & Gas Ltd (NYSE:AAV) by 871,296 shares to 183,181 shares, valued at $1.15 million in 2017Q3, according to the filing. It also reduced its holding in Denbury Res Inc (NYSE:DNR) by 374,538 shares in the quarter, leaving it with 30.37M shares, and cut its stake in Centennial Resource Dev Inc.

Among 28 analysts covering PDC Energy (NASDAQ:PDCE), 21 have Buy rating, 0 Sell and 7 Hold. Therefore 75% are positive. PDC Energy had 82 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of PDC Energy, Inc. (NASDAQ:PDCE) has “Buy” rating given on Friday, November 6 by Wunderlich. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, January 11. As per Tuesday, March 15, the company rating was maintained by JP Morgan. The stock of PDC Energy, Inc. (NASDAQ:PDCE) has “Buy” rating given on Thursday, July 13 by Stifel Nicolaus. Mizuho initiated PDC Energy, Inc. (NASDAQ:PDCE) on Thursday, October 6 with “Neutral” rating. As per Tuesday, October 10, the company rating was maintained by BMO Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, April 8 report. The rating was downgraded by Goldman Sachs to “Neutral” on Friday, December 16. The rating was maintained by Stifel Nicolaus on Wednesday, December 13 with “Buy”. The stock of PDC Energy, Inc. (NASDAQ:PDCE) has “Hold” rating given on Monday, December 11 by Credit Suisse.

Caymus Capital Partners Lp, which manages about $377.99 million and $794.30 million US Long portfolio, decreased its stake in Pioneer Nat Res Co (NYSE:PXD) by 278,450 shares to 106,550 shares, valued at $15.72M in 2017Q3, according to the filing. It also reduced its holding in Antero Res Corp (NYSE:AR) by 107,150 shares in the quarter, leaving it with 4.26M shares, and cut its stake in Wildhorse Resource Dev Corp.

Since October 16, 2017, it had 0 insider purchases, and 5 insider sales for $358,271 activity. Another trade for 1,500 shares valued at $80,100 was sold by Lauck Lance. 1,000 shares were sold by REASONER SCOTT J, worth $55,830 on Tuesday, January 16. $94,911 worth of stock was sold by SWOVELAND JEFFREY C on Tuesday, January 16.

Investors sentiment increased to 1.6 in Q3 2017. Its up 0.55, from 1.05 in 2017Q2. It is positive, as 27 investors sold PDCE shares while 50 reduced holdings. 33 funds opened positions while 90 raised stakes. 64.04 million shares or 0.26% less from 64.21 million shares in 2017Q2 were reported. invested in 248,000 shares or 0% of the stock. Cambrian Cap Partnership has invested 2.32% of its portfolio in PDC Energy, Inc. (NASDAQ:PDCE). 79,000 were accumulated by Third Avenue Mgmt Limited Liability. Bnp Paribas Asset Sa invested 0.11% in PDC Energy, Inc. (NASDAQ:PDCE). Quantitative Systematic Strategies Ltd Company invested in 26,989 shares. Riverhead Mngmt Limited owns 5,498 shares. Nwq Lc owns 934,532 shares. Harris Assoc Ltd Partnership accumulated 122,475 shares. Glenmede Tru Na has 0.05% invested in PDC Energy, Inc. (NASDAQ:PDCE) for 209,876 shares. Shufro Rose Limited Liability Company reported 9,300 shares stake. Shanda Asset Management Holding Limited holds 0.11% or 16,839 shares. Sector Pension Board owns 41,508 shares for 0.01% of their portfolio. 14,351 were reported by Piedmont Inv Advisors Limited Liability Corp. Moreover, Rhumbline Advisers has 0.01% invested in PDC Energy, Inc. (NASDAQ:PDCE). Northern stated it has 0.02% in PDC Energy, Inc. (NASDAQ:PDCE).

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