$1.13 Billion SPO Advisory’s Top 4 Basic Materials Stocks

Wall St. Watchdog reveals information regarding SPO Advisory Corp.’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 4 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $1.138 billion.

  • Pioneer Natural Resources Co. (NYSE:PXD): On 06/30/2011, SPO Advisory Corp. reported holding 10,508,614 shares with a market value of $941,256,553. This comprised 11.46% of the total portfolio. On 09/30/2011, SPO Advisory Corp. reported holding 10,508,614 shares with a market value of $691,151,508. This comprised 10.33% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Pioneer Natural Resources Company is an independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations primarily in the United States.
  • Oasis Petroleum Inc. (NYSE:OAS): On 06/30/2011, SPO Advisory Corp. reported holding 7,141,759 shares with a market value of $211,967,409. This comprised 2.58% of the total portfolio. On 09/30/2011, SPO Advisory Corp. reported holding 9,515,949 shares with a market value of $212,491,140. This comprised 3.17% of the total portfolio. The net change in shares for this position over the two quarters is 2,374,190. About Company: Oasis Petroleum Inc., is an independant exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources.
  • Quicksilver Resources Inc. (NYSE:KWK): On 06/30/2011, SPO Advisory Corp. reported holding 24,985,154 shares with a market value of $368,780,879. This comprised 4.49% of the total portfolio. On 09/30/2011, SPO Advisory Corp. reported holding 24,985,154 shares with a market value of $189,387,465. This comprised 2.83% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Quicksilver Resources Inc. is involved in the acquisition, development, exploration, production, and sale of natural gas and crude oil. The Company also conducts operations in the gathering, processing, and transmission of natural gas. Quicksilver owns properties in Michigan, Wyoming, and Montana in the United States, and in Canada.
  • Petroquest Energy Inc. (NYSE:PQ): On 06/30/2011, SPO Advisory Corp. reported holding 8,197,700 shares with a market value of $57,547,854. This comprised 0.7% of the total portfolio. On 09/30/2011, SPO Advisory Corp. reported holding 8,197,700 shares with a market value of $45,087,350. This comprised 0.67% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: PetroQuest Energy, Inc. explores, develops, acquires, and operates oil and gas properties onshore and offshore in the Gulf Coast Region.

(Note: Data regarding SPO Advisory Corp.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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