Oasis Pete New (Call) (OAS) Position Has Raised by Concourse Capital Management Llc; Clifford Swan Investment Counsel Has Lowered Chevron Corp. (CVX) Holding by $506,046; Shares Rose

September 6, 2018 - By Rhonda Roth

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Clifford Swan Investment Counsel Llc decreased its stake in Chevron Corp. (CVX) by 1.71% based on its latest 2018Q1 regulatory filing with the SEC. Clifford Swan Investment Counsel Llc sold 4,439 shares as the company’s stock rose 6.62% while stock markets declined. The institutional investor held 254,708 shares of the integrated oil company at the end of 2018Q1, valued at $29.05 million, down from 259,147 at the end of the previous reported quarter. Clifford Swan Investment Counsel Llc who had been investing in Chevron Corp. for a number of months, seems to be less bullish one the $220.80B market cap company. The stock decreased 3.10% or $3.69 during the last trading session, reaching $115.23. About 8.16M shares traded or 50.48% up from the average. Chevron Corporation (NYSE:CVX) has risen 16.25% since September 6, 2017 and is uptrending. It has outperformed by 3.68% the S&P500. Some Historical CVX News: 15/05/2018 – 3G EXITED NUE, CVX, RSPP, PE, LBRDK IN 1Q: 13F; 06/03/2018 – CHEVRON – TENGIZ GROWTH PROJECT IN KAZAKHSTAN IS ON TRACK TO DELIVER FIRST PRODUCTION IN 2022; 09/03/2018 – SA’S COMPETITION TRIBUNAL- REBRANDING COSTS FOR PRIVATE SERVICE STATIONS AND 6 BLN RAND REFINERY UPGRADE SOME CONDITIONS IN APPROVED SINOPEC MERGER WITH CHEVRON SA; 07/05/2018 – DNB Global Indeks Adds Chevron, Exits Harris, Cuts Exxon; 18/05/2018 – Amyris Sustainable Lubricants Joint Venture Company, Novvi, and Chevron Enter Agreement To Develop and Bring To Market New Rene; 21/03/2018 – Record U.S. oil offshore lease sale to test Trump energy push; 04/05/2018 – SA’S COMPETITION TRIBUNAL- CONDITIONS OF AGREEMENT WILL APPLY FOR 5 YEARS; 05/03/2018 – Sharenet: Chevron in talks to sell stake in Canada LNG project; 12/04/2018 – Sempra’s Mexican Unit Ienova to Store Fuel for Chevron; 07/03/2018 – Anonymous: Chevron in talks to sell minority stake in Kitimat LNG project

Concourse Capital Management Llc increased its stake in Oasis Pete Inc New (Call) (OAS) by 50% based on its latest 2018Q1 regulatory filing with the SEC. Concourse Capital Management Llc bought 100,000 shares as the company’s stock rose 36.98% while stock markets declined. The hedge fund held 300,000 shares of the oil & gas production company at the end of 2018Q1, valued at $2.43 million, up from 200,000 at the end of the previous reported quarter. Concourse Capital Management Llc who had been investing in Oasis Pete Inc New (Call) for a number of months, seems to be bullish on the $3.93B market cap company. The stock decreased 6.72% or $0.89 during the last trading session, reaching $12.36. About 7.27 million shares traded or 5.01% up from the average. Oasis Petroleum Inc. (NYSE:OAS) has risen 16.71% since September 6, 2017 and is uptrending. It has outperformed by 4.14% the S&P500. Some Historical OAS News: 22/04/2018 – DJ Oasis Petroleum Inc, Inst Holders, 1Q 2018 (OAS); 22/05/2018 – Oasis Petroleum at J.P. Morgan Energy Equity Conference Jun 18; 09/03/2018 Oasis Midstream Partners Announces 2017 K-1 Availability; 15/05/2018 – Encompass Capital Advisors Buys 1.8% of Oasis Petroleum; 23/05/2018 – OASIS PETROLEUM INC OAS.N : MORGAN STANLEY RAISES TO OVERWEIGHT FROM EQUAL-WEIGHT; 20/04/2018 – Oasis Petroleum Presenting at Citigroup Conference May 15; 21/05/2018 – OASIS PETROLEUM INC OAS.N : SIMMONS RAISES TARGET PRICE TO $24 FROM $18; 30/04/2018 – OASIS PETROLEUM IN AMENDED REVOLVING CREDIT PACT; 21/05/2018 – CLS Holdings USA Expects to Close its Acquisition of Oasis Cannabis by the End of the Second Quarter; 15/05/2018 – Paulson & Co Inc. Exits Position in Oasis Petroleum

Since May 15, 2018, it had 0 insider buys, and 3 sales for $791,174 activity. $228,254 worth of Oasis Petroleum Inc. (NYSE:OAS) shares were sold by Lorentzatos Nickolas J. The insider Reid Taylor L sold $366,600.

Among 39 analysts covering Oasis Petroleum Inc. (NYSE:OAS), 24 have Buy rating, 2 Sell and 13 Hold. Therefore 62% are positive. Oasis Petroleum Inc. had 174 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Oasis Petroleum Inc. (NYSE:OAS) has “Accumulate” rating given on Tuesday, August 30 by Seaport Global. UBS reinitiated the stock with “Neutral” rating in Thursday, March 23 report. The firm earned “Hold” rating on Monday, April 23 by Stifel Nicolaus. The stock has “Buy” rating by Wunderlich on Wednesday, November 9. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, October 18. As per Friday, November 10, the company rating was maintained by Cowen & Co. Stifel Nicolaus maintained Oasis Petroleum Inc. (NYSE:OAS) rating on Monday, September 25. Stifel Nicolaus has “Hold” rating and $10 target. Jefferies upgraded the shares of OAS in report on Tuesday, May 10 to “Buy” rating. The stock has “Hold” rating by Canaccord Genuity on Thursday, August 6. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, September 12.

Concourse Capital Management Llc, which manages about $220.65M and $154.94M US Long portfolio, decreased its stake in Jd Com Inc (NASDAQ:JD) by 17,450 shares to 147,650 shares, valued at $5.98M in 2018Q1, according to the filing. It also reduced its holding in Powershares Qqq Trust (Call) (QQQ) by 32,600 shares in the quarter, leaving it with 25,000 shares, and cut its stake in Amc Entmt Hldgs Inc (Call) (NYSE:AMC).

Investors sentiment decreased to 1.19 in Q1 2018. Its down 0.28, from 1.47 in 2017Q4. It dropped, as 33 investors sold OAS shares while 58 reduced holdings. 40 funds opened positions while 68 raised stakes. 234.82 million shares or 4.71% more from 224.26 million shares in 2017Q4 were reported. Pub Employees Retirement Association Of Colorado holds 0% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS) for 33,064 shares. The New York-based Cipher Cap Limited Partnership has invested 0.01% in Oasis Petroleum Inc. (NYSE:OAS). Two Sigma Securities Limited accumulated 26,584 shares. Piedmont Invest Advisors Ltd holds 0.01% or 68,606 shares in its portfolio. Hsbc Pcl reported 10,623 shares or 0% of all its holdings. Citadel Ltd holds 8.28 million shares or 0.04% of its portfolio. Cap Fund Mngmt Sa has invested 0.05% in Oasis Petroleum Inc. (NYSE:OAS). Northwestern Mutual Wealth Management accumulated 0% or 2,157 shares. Quantbot Techs LP invested in 47,846 shares. Vanguard Group Inc Inc has invested 0.01% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS). Principal Grp Inc Inc reported 0.01% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS). E&G Advisors Ltd Partnership invested 0.05% of its portfolio in Oasis Petroleum Inc. (NYSE:OAS). Bluemountain Capital Lc has invested 0.09% in Oasis Petroleum Inc. (NYSE:OAS). Legal And General Gru Public Ltd Co has invested 0% in Oasis Petroleum Inc. (NYSE:OAS). Luminus Mngmt Limited Liability Corporation owns 500,000 shares.

More important recent Chevron Corporation (NYSE:CVX) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Chevron, First Data, JD.com, MongoDB, PG&E, Rite Aid, Tilray, Vodafone and …” on September 06, 2018, also Bizjournals.com published article titled: “Exclusive: Chevron sells 103 acres in Katy area, portion to become 1.4M SF development”, Seekingalpha.com published: “Chevron: Options To Boost The Yield” on August 30, 2018. More interesting news about Chevron Corporation (NYSE:CVX) was released by: 247Wallst.com and their article: “Merrill Lynch Shuffles the Deck on Oil Company Ratings” with publication date: September 06, 2018.

Clifford Swan Investment Counsel Llc, which manages about $2.29 billion and $1.77B US Long portfolio, upped its stake in Vodafone Group Plc New (NASDAQ:VOD) by 31,081 shares to 176,887 shares, valued at $4.92 million in 2018Q1, according to the filing. It also increased its holding in Alphabet Inc Class A by 543 shares in the quarter, for a total of 14,549 shares, and has risen its stake in Tractor Supply Company (NASDAQ:TSCO).

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.09, from 0.99 in 2017Q4. It dived, as 55 investors sold CVX shares while 718 reduced holdings. 114 funds opened positions while 579 raised stakes. 1.19 billion shares or 0.11% more from 1.19 billion shares in 2017Q4 were reported. Bridges Investment Mngmt has 1.18% invested in Chevron Corporation (NYSE:CVX). Kidder Stephen W invested in 0.56% or 12,950 shares. Adirondack accumulated 11,784 shares or 1.05% of the stock. Hoertkorn Richard Charles has invested 1.15% in Chevron Corporation (NYSE:CVX). Hamel Assoc Inc has 0.46% invested in Chevron Corporation (NYSE:CVX) for 60,657 shares. Robeco Institutional Asset Mgmt Bv stated it has 0.18% of its portfolio in Chevron Corporation (NYSE:CVX). 5.78M are owned by Century Companies. Sei Comm has 567,110 shares. Arizona State Retirement System has 0.59% invested in Chevron Corporation (NYSE:CVX). Westpac Banking stated it has 123,590 shares or 0% of all its holdings. Conning holds 63,097 shares or 0.23% of its portfolio. Dynamic Advisor Solutions Ltd Liability Company holds 42,160 shares. Valmark Advisers has invested 0.01% in Chevron Corporation (NYSE:CVX). Hwg Limited Partnership owns 338 shares. F&V Cap Management Ltd Liability reported 3.6% stake.

Among 36 analysts covering Chevron Corporation (NYSE:CVX), 26 have Buy rating, 0 Sell and 10 Hold. Therefore 72% are positive. Chevron Corporation had 128 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Cowen & Co on Tuesday, October 24. RBC Capital Markets maintained the stock with “Sell” rating in Tuesday, November 7 report. The firm earned “Hold” rating on Thursday, January 4 by Bank of America. The firm has “Buy” rating by Piper Jaffray given on Thursday, August 24. The stock has “Hold” rating by RBC Capital Markets on Friday, March 24. As per Thursday, July 6, the company rating was maintained by RBC Capital Markets. The company was maintained on Tuesday, September 19 by RBC Capital Markets. The firm has “Equal Weight” rating by Barclays Capital given on Tuesday, January 12. Wells Fargo upgraded Chevron Corporation (NYSE:CVX) rating on Tuesday, February 6. Wells Fargo has “Buy” rating and $134.0 target. The rating was maintained by Cowen & Co with “Buy” on Tuesday, September 19.

Analysts await Chevron Corporation (NYSE:CVX) to report earnings on October, 26. They expect $2.28 earnings per share, up 121.36% or $1.25 from last year’s $1.03 per share. CVX’s profit will be $4.37B for 12.63 P/E if the $2.28 EPS becomes a reality. After $1.78 actual earnings per share reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 28.09% EPS growth.

Since April 17, 2018, it had 0 buys, and 10 selling transactions for $50.35 million activity. Shares for $1.54 million were sold by Geagea Joseph C on Monday, May 7. JOHNSON JAMES WILLIAM sold $1.23 million worth of stock. Pate R. Hewitt sold $3.31 million worth of Chevron Corporation (NYSE:CVX) on Wednesday, May 9. Wirth Michael K had sold 130,000 shares worth $16.64M. $17.55 million worth of Chevron Corporation (NYSE:CVX) shares were sold by Yarrington Patricia E.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart

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