Massachusetts Financial’s $7.9B in Basic Materials Stocks: CVX, XOM, OXY, APA

Wall St. Watchdog reveals information regarding Massachusetts Financial Services’ top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 75 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $7.93 billion.

  • Chevron Corp. (NYSE:CVX): On 06/30/2011, Massachusetts Financial Services reported holding 12,489,583 shares with a market value of $1,284,428,670. This comprised 1.36% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 12,101,067 shares with a market value of $1,120,437,749. This comprised 1.4% of the total portfolio. The net change in shares for this position over the two quarters is -388,516. About Company: Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services.
  • Exxon Mobil Corp. (NYSE:XOM): On 06/30/2011, Massachusetts Financial Services reported holding 15,214,869 shares with a market value of $1,238,185,997. This comprised 1.31% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 14,713,872 shares with a market value of $1,068,668,483. This comprised 1.33% of the total portfolio. The net change in shares for this position over the two quarters is -500,997. About Company: Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company’s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.
  • Occidental Petroleum Corporation (NYSE:OXY): On 06/30/2011, Massachusetts Financial Services reported holding 8,392,051 shares with a market value of $873,108,994. This comprised 0.92% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 10,695,092 shares with a market value of $764,699,078. This comprised 0.95% of the total portfolio. The net change in shares for this position over the two quarters is 2,303,041. 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.
  • Apache Corp. (NYSE:APA): On 06/30/2011, Massachusetts Financial Services reported holding 7,154,316 shares with a market value of $882,771,047. This comprised 0.93% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 7,094,823 shares with a market value of $569,288,582. This comprised 0.71% of the total portfolio. The net change in shares for this position over the two quarters is -59,493. 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.
  • Praxair Inc. (NYSE:PX): On 06/30/2011, Massachusetts Financial Services reported holding 5,905,860 shares with a market value of $640,136,162. This comprised 0.68% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 5,745,351 shares with a market value of $537,075,431. This comprised 0.67% of the total portfolio. The net change in shares for this position over the two quarters is -160,509. About Company: Praxair, Inc. supplies gas to industries primarily located in North and South America. The Company produces, sells, and distributes atmospheric gases including oxygen, nitrogen, argon, and rare gases, as well as process gases including carbon dioxide, helium, hydrogen, electronics gases, and acetylene. Praxair also supplies metallic and ceramic coatings and powders.
  • Schlumberger Limited (NYSE:SLB): On 06/30/2011, Massachusetts Financial Services reported holding 6,509,738 shares with a market value of $562,441,373. This comprised 0.59% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 7,237,277 shares with a market value of $432,282,552. This comprised 0.54% of the total portfolio. The net change in shares for this position over the two quarters is 727,539. About Company: Schlumberger Limited is an oil services company. The Company, through its subsidiaries, provides a wide range of services, including technology, project management and information solutions to the international petroleum industry as well as advanced acquisition and data processing surveys.
  • Air Products & Chemicals Inc. (NYSE:APD): On 06/30/2011, Massachusetts Financial Services reported holding 4,906,028 shares with a market value of $468,918,165. This comprised 0.5% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 4,962,923 shares with a market value of $379,018,443. This comprised 0.47% of the total portfolio. The net change in shares for this position over the two quarters is 56,895. About Company: Air Products and Chemicals, Inc. produces industrial gas and related industrial process equipment. The Company also produces and markets polymer chemicals, performance chemicals, and chemical intermediates. Air Products recovers and distributes oxygen, nitrogen, argon, hydrogen, carbon monoxide, carbon dioxide, synthesis gas, and helium, as well as medical and specialty gases.
  • National Oilwell Varco Inc. (NYSE:NOV): On 06/30/2011, Massachusetts Financial Services reported holding 6,637,100 shares with a market value of $519,087,585. This comprised 0.55% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 7,039,793 shares with a market value of $360,578,206. This comprised 0.45% of the total portfolio. The net change in shares for this position over the two quarters is 402,693. About Company: National Oilwell Varco Inc. designs, manufactures, and sells machinery, equipment, and downhole products used in oil and gas drilling and production. The Company also provides oilfield inspection and other services, and supply chain integration services to the upstream oil and gas industry.
  • Eog Resources Inc. (NYSE:EOG): On 06/30/2011, Massachusetts Financial Services reported holding 4,741,471 shares with a market value of $495,720,808. This comprised 0.52% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 3,239,794 shares with a market value of $230,057,779. This comprised 0.29% of the total portfolio. The net change in shares for this position over the two quarters is -1,501,677. 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.
  • Williams Companies Inc. (NYSE:WMB): On 06/30/2011, Massachusetts Financial Services reported holding 8,666,290 shares with a market value of $262,155,273. This comprised 0.28% of the total portfolio. On 09/30/2011, Massachusetts Financial Services reported holding 8,921,152 shares with a market value of $217,140,841. This comprised 0.27% of the total portfolio. The net change in shares for this position over the two quarters is 254,862. About Company: The Williams Companies, Inc. is an integrated natural gas company that produces, gathers, processes and transports natural gas. The Company’s operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, the Eastern Seaboard, and the province of Alberta in Canada.

(Note: Data regarding Massachusetts Financial Services’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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