Tweedy Browne’s $250 Million Energy Sector Stock Investments: COP, DVN, XOM

Wall St. Watchdog reveals information regarding Tweedy Browne’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 3 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $250.997 million.

  • Conocophillips (NYSE:COP): On 06/30/2011, Tweedy Browne reported holding 2,565,742 shares with a market value of $192,918,147. This comprised 6.73% of the total portfolio. On 09/30/2011, Tweedy Browne reported holding 2,602,112 shares with a market value of $164,765,731. This comprised 6.76% of the total portfolio. The net change in shares for this position over the two quarters is 36,370. About Company: ConocoPhillips is an international, integrated energy company which operates in several business segments. The Company explores for and produces petroleum, and refines, markets, supplies, and transports petroleum. ConocoPhillips also gathers and processes natural gas, and produces and distributes chemicals and plastics.
  • Devon Energy Corporation (NYSE:DVN): On 06/30/2011, Tweedy Browne reported holding 1,239,496 shares with a market value of $97,684,677. This comprised 3.41% of the total portfolio. On 09/30/2011, Tweedy Browne reported holding 1,551,381 shares with a market value of $86,008,561. This comprised 3.53% of the total portfolio. The net change in shares for this position over the two quarters is 311,885. 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.
  • Exxon Mobil Corp. (NYSE:XOM): On 06/30/2011, Tweedy Browne reported holding 3,070 shares with a market value of $249,837. This comprised 0.01% of the total portfolio. On 09/30/2011, Tweedy Browne reported holding 3,070 shares with a market value of $222,974. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is 0. 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.

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

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