Hess Stock: Millennium’s Top Basic Materials Investment in $1.8 Billion Portfolio

Wall St. Watchdog reveals information regarding Millennium Management LLC’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 300 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $1.814 billion.

  • Hess Corporation (NYSE:HES): On 06/30/2011, Millennium Management LLC reported holding 708,233 shares with a market value of $52,947,501. This comprised 0.48% of the total portfolio. On 09/30/2011, Millennium Management LLC reported holding 1,073,258 shares with a market value of $56,303,114. This comprised 0.66% of the total portfolio. The net change in shares for this position over the two quarters is 365,025. About Company: Hess Corporation is a global integrated energy company. The Company explores for, produces, markets, and refines crude oil and natural gas. The Company operates in countries that include Algeria, Australia, Azerbaijan, Brazil, Denmark, Egypt, Equatorial Guinea, Gabon, Ghana, Indonesia, Libya, Malaysia, Norway, Peru, Russia, Thailand, the United Kingdom and the United States.
  • Occidental Petroleum Corporation (NYSE:OXY): On 06/30/2011, Millennium Management LLC reported holding 567,426 shares with a market value of $59,035,002. This comprised 0.54% of the total portfolio. On 09/30/2011, Millennium Management LLC reported holding 745,484 shares with a market value of $53,302,106. This comprised 0.63% of the total portfolio. The net change in shares for this position over the two quarters is 178,058. About Company: Occidental Petroleum Corporation explores for, develops, produces, and markets crude oil and natural gas. The Company also manufactures and markets a variety of basic chemicals, vinyls and performance chemicals. Occidental also gathers, treats, processes, transports, stores, trades and markets crude oil, natural gas, NGLs, condensate and carbon dioxide (CO2) and generates and markets power.
  • Eog Resources Inc. (NYSE:EOG): On 06/30/2011, Millennium Management LLC reported holding 57,010 shares with a market value of $5,960,396. This comprised 0.05% of the total portfolio. On 09/30/2011, Millennium Management LLC reported holding 746,962 shares with a market value of $53,041,773. This comprised 0.63% of the total portfolio. The net change in shares for this position over the two quarters is 689,952. About Company: EOG Resources, Inc. explores for, develops, produces and markets natural gas and crude oil. The Company operates in major producing basins in the United States, Canada, Trinidad, the United Kingdom North Sea, China and, from time to time, select other international areas.
  • Nalco Holding Co. (NYSE:NLC): On 06/30/2011, Millennium Management LLC reported holding 0 shares. On 09/30/2011, Millennium Management LLC reported holding 1,168,707 shares with a market value of $40,881,370. This comprised 0.48% of the total portfolio. The net change in shares for this position over the two quarters is 1,168,707. About Company: Nalco Holding Co. provides integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications. The Company’s products and services are used in water treatment applications to prevent corrosion, contamination and the buildup of harmful deposits, or in production processes to enhance process efficiency.
  • Anadarko Petroleum Corporation (NYSE:APC): On 06/30/2011, Millennium Management LLC reported holding 751,692 shares with a market value of $57,699,880. This comprised 0.52% of the total portfolio. On 09/30/2011, Millennium Management LLC reported holding 647,498 shares with a market value of $40,824,748. This comprised 0.48% of the total portfolio. The net change in shares for this position over the two quarters is -104,194. About Company: Anadarko Petroleum Corporation is an independent oil and gas exploration and production company with international operations. In the United States, the Company operates in Texas and surrounding states, the Rocky Mountain region, Alaska, and the Gulf of Mexico. Internationally, Anadarko has exploration and/or production operations in Africa, Asia, South America, and the Caribbean.
  • Devon Energy Corporation (NYSE:DVN): On 06/30/2011, Millennium Management LLC reported holding 641,876 shares with a market value of $50,586,246. This comprised 0.46% of the total portfolio. On 09/30/2011, Millennium Management LLC reported holding 680,416 shares with a market value of $37,722,262. This comprised 0.45% of the total portfolio. The net change in shares for this position over the two quarters is 38,540. About Company: Devon Energy Corporation is an independent energy company that is involved primarily in oil and gas exploration, development and production, the transportation of oil, gas, and NGLs and the processing of natural gas. The Company also has marketing and midstream operations primarily in North America that include gas, crude oil and NGLs.
  • Apache Corp. (NYSE:APA): On 06/30/2011, Millennium Management LLC reported holding 90,855 shares with a market value of $11,210,598. This comprised 0.1% of the total portfolio. On 09/30/2011, Millennium Management LLC reported holding 460,543 shares with a market value of $36,953,969. This comprised 0.44% of the total portfolio. The net change in shares for this position over the two quarters is 369,688. About Company: Apache Corporation is an independent energy company. The Company explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The Company has operations in North America, onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea (North Sea), and onshore Argentina, as well as on the Chilean side of the island of Tierra del Fuego.
  • Chesapeake Energy Corporation (NYSE:CHK): On 06/30/2011, Millennium Management LLC reported holding 512,459 shares with a market value of $15,214,908. This comprised 0.14% of the total portfolio. On 09/30/2011, Millennium Management LLC reported holding 1,356,438 shares with a market value of $34,656,990. This comprised 0.41% of the total portfolio. The net change in shares for this position over the two quarters is 843,979. About Company: Chesapeake Energy Corporation produces oil and natural gas. The Company’s operations are focused on discovering, developing and acquiring conventional and unconventional natural gas reserves onshore in the United States.
  • Pioneer Natural Resources Co. (NYSE:PXD): On 06/30/2011, Millennium Management LLC reported holding 366,037 shares with a market value of $32,785,934. This comprised 0.3% of the total portfolio. On 09/30/2011, Millennium Management LLC reported holding 524,476 shares with a market value of $34,494,785. This comprised 0.41% of the total portfolio. The net change in shares for this position over the two quarters is 158,439. 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.
  • Sm Energy Company (NYSE:SM): On 06/30/2011, Millennium Management LLC reported holding 1,076,378 shares with a market value of $79,092,259. This comprised 0.72% of the total portfolio. On 09/30/2011, Millennium Management LLC reported holding 564,407 shares with a market value of $34,231,285. This comprised 0.4% of the total portfolio. The net change in shares for this position over the two quarters is -511,971. About Company: SM Energy Company is an independent energy company that explores for and produces natural gas and crude oil. The Company’s operations are focused on The ArkLaTex, Gulf Coast, Mid-Continent, Rocky Mountains, and Permian Basin regions.

(Note: Data regarding Millennium Management LLC’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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