Huge Energy Companies With Major Institutional Ownership

Wall St. Watchdog generated stock screens for large cap companies in the Energy Sector that have a large percentage of their shares owned by institutional investors.  Some investors like to invest in the companies that institutional investors invest in, under the (perhaps incorrect) assumption that institutions have done sufficient due diligence on the company in question to make it a worthy investment.

Criteria for the screen are:

  • The company trades on a US exchange
  • The company does not trade on the pink sheets
  • The company is not located in China
  • The company’s market capitalization is at least $1 billion
  • At least 90% of the company’s shares are owned by institutional investors
  • The company was profitable in the last quarter
  • The company has grown its revenue year-over-year by at least 35%

Following is information on the companies that met these criteria:

  • Complete Production Services, Inc. (NYSE:CPX): This company operates in the Energy sector. Institutions own 92.49% of the shares. Its market capitalization is $2,821,584,000, its revenue for the most recent fiscal year is $1,561,393,000, which represents a change of 47.80% for the year-over-year period. The shares most recently traded at $35.75. About the company:  Complete Production Services, Inc. offers services to the oil and natural gas production industry. The Company establishes, maintains, and enhances the flow of oil and gas throughout the life of a well, offers land drilling, specialized rig logistics and site preparation services, and offers products such as completion, flow control and artificial lift equipment, and tubular goods.
  • Concho Resources Inc. (NYSE:CXO): This company operates in the Energy sector. Institutions own 91.77% of the shares. Its market capitalization is $9,895,477,000, its revenue for the most recent fiscal year is $972,576,000, which represents a change of 87.18% for the year-over-year period. The shares most recently traded at $95.72. About the company:  Concho Resources Inc. acquires, develops and explores for oil and natural gas properties in the Permian Basin area of Southeast New Mexico and West Texas.
  • Denbury Resources Inc. (NYSE:DNR): This company operates in the Energy sector. Institutions own 91.98% of the shares. Its market capitalization is $8,202,521,000, its revenue for the most recent fiscal year is $1,921,791,000, which represents a change of 116.14% for the year-over-year period. The shares most recently traded at $20.41. About the company:  Denbury Resources Inc. acquires, develops, operates and explores oil, and gas properties, primarily in the Gulf Coast region of the United States.
  • HollyFrontier Corp (NYSE:HFC): This company operates in the Energy sector. Institutions own 93.12% of the shares. Its market capitalization is $3,926,449,000, its revenue for the most recent fiscal year is $8,322,929,000, which represents a change of 72.17% for the year-over-year period. The shares most recently traded at $73.65. About the company:  HollyFrontier Corporation operates as an independent petroleum refiner and marketer in the United States. It produces light products, such as gasoline, diesel fuel, jet fuel, and other specialty products.
  • World Fuel Services Corporation (NYSE:INT): This company operates in the Energy sector. Institutions own 91.36% of the shares. Its market capitalization is $2,643,151,000, its revenue for the most recent fiscal year is $19,131,150,000, which represents a change of 69.37% for the year-over-year period. The shares most recently traded at $37.33. About the company:  World Fuel Services Corporation markets aviation and marine fuel services. The Company provides aviation fuel and flight plans, weather reports, and other aviation related services to passenger, cargo, and charter airlines, as well as markets marine fuel and fuel management services to shipping companies and the US military.
  • Newfield Exploration Co. (NYSE:NFX): This company operates in the Energy sector. Institutions own 93.70% of the shares. Its market capitalization is $9,472,438,000, its revenue for the most recent fiscal year is $1,883,000,000, which represents a change of 40.73% for the year-over-year period. The shares most recently traded at $70.44. About the company:  Newfield Exploration Company is an independent oil and gas company which explores, develops, and acquires oil (NYSE:USO) and natural gas (NYSE:UNG) properties. The Company operates in the Gulf of Mexico, in the onshore United States Gulf Coast, within the North Sea, within Malaysia, and in the Bohai Bay in China.
  • Northern Oil + Gas, Inc. (AMEX:NOG): This company operates in the Energy sector. Institutions own 95.39% of the shares. Its market capitalization is $1,502,647,000, its revenue for the most recent fiscal year is $44,559,100, which represents a change of 213.32% for the year-over-year period. The shares most recently traded at $23.80. About the company:  Northern Oil and Gas, Inc. is an oil and gas exploration and production company. The Company is currently focused on the Rocky Mountain regions of the United States. Competitors to Watch: Brigham Exploration Co. (NASDAQ:BEXP), Oasis Petroleum Inc. (NYSE:OAS), Kodiak Oil & Gas Corp. (AMEX:KOG), GeoResources, Inc. (NASDAQ:GEOI), Encore Energy Partners LP (NYSE:ENP), Bill Barrett Corporation (NYSE:BBG), Gasco Energy, Inc. (AMEX:GSX), Delta Petroleum Corp. (NASDAQ:DPTR), Chevron (NYSE:CVX), Chesapeake (NYSE:CHK), ExxonMobil (NYSE:XOM), BP plc (NYSE:BP)
  • Ultra Petroleum Corp. (NYSE:UPL): This company operates in the Energy sector. Institutions own 91.75% of the shares. Its market capitalization is $7,141,852,000, its revenue for the most recent fiscal year is $979,386,000, which represents a change of 46.89% for the year-over-year period. The shares most recently traded at $46.70. About the company:  Ultra Petroleum Corp. is a natural gas exploration and production company focused on the Green River Basin of Wyoming in the United States. The Company also explores for oil and gas in China.
  • Whiting Petroleum Corporation (NYSE:WLL): This company operates in the Energy sector. Institutions own 92.54% of the shares. Its market capitalization is $6,988,133,000, its revenue for the most recent fiscal year is $1,516,099,000, which represents a change of 54.81% for the year-over-year period. The shares most recently traded at $59.54. About the company:  Whiting Petroleum Corporation is involved in oil and natural gas exploitation, acquisition, and exploration activities. The Company focuses on lower risk, long-lived oil and natural gas properties located primarily in the Gulf Coast/Permian Basin, Rocky Mountains, Michigan, and Mid-Continent regions of the United States.
  • Walter Energy, Inc. (NYSE:WLT): This company operates in the Energy sector. Institutions own 90.56% of the shares. Its market capitalization is $7,264,243,000, its revenue for the most recent fiscal year is $1,587,730,000, which represents a change of 64.22% for the year-over-year period. The shares most recently traded at $116.74. About the company:  Walter Energy, Inc. mines coal. The Company produces metallurgical and steam and industrial coal,; manufactures blast furnace, foundry, industrial and buckwheat coke; and produces light oil, coal tar, and ammonium sulfate. Walter Energy also degasifies coalbeds and sells the gas to a utility.

(Note: Selected data are sourced from screener.co.  All data are assumed to be accurate.)

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