Weekly Guru Bargains Highlights: CNQ, PBR, BHP, SLB, DVN

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Dec 10, 2014

According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Canadian Natural Resources Ltd (CNQ, Financial): Down 26% Since George Soros (Trades, Portfolio) bought in the quarter ended on 2014-09-30

George Soros (Trades, Portfolio) initiated holdings in Exploration and Production company Canadian Natural Resources Ltd (CNQ, Financial) during the quarter ended 09/30/2014. His purchase prices were between $38.95 and $46.23, with an estimated average price of $42.65. Since then the prices of Canadian Natural Resources Ltd shares have declined by -26% from the estimated average. George Soros (Trades, Portfolio) owned 110,700 shares of Canadian Natural Resources Ltd as of 09/30/2014.

Canadian Natural Resources Ltd was incorporated under the laws of the Province of British Columbia on November 7, 1973 as AEX Minerals Corporation (N. Canadian Natural Resources Ltd has a market cap of $34.3 billion; its shares were traded at around $31.42 with a P/E ratio of 12.40 and P/S ratio of 1.90. The dividend yield of Canadian Natural Resources Ltd stocks is 2.50%. Canadian Natural Resources Ltd had an annual average earnings growth of 7.00% over the past 10 years.

Canadian Natural Resources Ltd. Recently reported its third quarter 2014 financial results. Quarterly production increased by approximately 94,000 barrels of oil equivalent per day over third quarter 2013 levels, representing a 13% increase to approximately 797,000 barrels of oil equivalent per day, generating quarterly cash flow of $2.44 billion.

George Soros (Trades, Portfolio) bought 110,700 shares in the quarter that ended on 09/30/2014, which is 0.032% of the $13.4 billion portfolio of Soros Fund Management LLC. Jean-Marie Eveillard (Trades, Portfolio) owns 25,835,687 shares as of 09/30/2014, which accounts for 2.5% of the $40.29 billion portfolio of First Eagle Investment Management, LLC. David Winters (Trades, Portfolio) owns 3,101,989 shares as of 09/30/2014, which accounts for 15.6% of the $772 million portfolio of Wintergreen Advisors.

Senior Officer Ronald Keith Laing, bought 24,000 shares of CNQ stock on 06/16/2014 at the average price of 42.24. The price of the stock has decreased by 25.62% since.

Petroleo Brasileiro SA Petrobras (PBR, Financial): Down 52% Since Ken Fisher (Trades, Portfolio) bought in the quarter ended on 2014-09-30

Ken Fisher (Trades, Portfolio) added to his holdings in Exploration and Production company Petroleo Brasileiro SA Petrobras (PBR, Financial) by 24618.8% during the quarter ended 09/30/2014. His purchase prices were between $14.44 and $20.65, with an estimated average price of $16.85. Since then the prices of Petroleo Brasileiro SA Petrobras shares have declined by -52% from the estimated average. Ken Fisher (Trades, Portfolio) owned 3,160,542 shares of Petroleo Brasileiro SA Petrobras as of 09/30/2014.

Petroleo Brasileiro SA Petrobras was incorporated in 1953. Petroleo Brasileiro Sa Petrobras has a market cap of $53.16 billion; its shares were traded at around $8.15 with a P/E ratio of 6.90 and P/S ratio of 0.40. Petroleo Brasileiro Sa Petrobras had an annual average earnings growth of 1.20% over the past 10 years.

Andreas Halvorsen (Trades, Portfolio) bought 3,561,000 shares in the quarter that ended on 09/30/2014, which is 0.2% of the $24.9 billion portfolio of Viking Global Investors LP. George Soros (Trades, Portfolio) bought 766,667 shares in the quarter that ended on 09/30/2014, which is 0.081% of the $13.4 billion portfolio of Soros Fund Management LLC. Brian Rogers (Trades, Portfolio) sold out his holdings in the quarter that ended on 09/30/2014.

BHP Billiton Ltd (BHP, Financial): Down 30% Since Jim Simons (Trades, Portfolio) bought in the quarter ended on 2014-09-30

Jim Simons (Trades, Portfolio) initiated holdings in General Mining company BHP Billiton Ltd (BHP, Financial) during the quarter ended 09/30/2014. His purchase prices were between $59.01 and $73.5, with an estimated average price of $68.89. Since then the prices of BHP Billiton Ltd shares have declined by -30% from the estimated average. Jim Simons (Trades, Portfolio) owned 742,200 shares of BHP Billiton Ltd as of 09/30/2014.

BHP Billiton Ltd was incorporated and registered in Australia in 1885. BHP Billiton Ltd has a market cap of $129.29 billion; its shares were traded at around $48.57 with a P/E ratio of 10.40 and P/S ratio of 2.20. The dividend yield of BHP Billiton Ltd stocks is 4.90%. BHP Billiton Ltd had an annual average earnings growth of 8.10% over the past 10 years. GuruFocus rated BHP Billiton Ltd the business predictability rank of 2.5-star.

Ray Dalio (Trades, Portfolio) owns 199,911 shares as of 09/30/2014, an increase of 16.36% from the previous quarter. This position accounts for 0.092% of the $12.83 billion portfolio of Bridgewater Associates. Ken Fisher (Trades, Portfolio) owns 3,305,369 shares as of 09/30/2014, which accounts for 0.41% of the $46.91 billion portfolio of Fisher Asset Management, LLC. David Dreman (Trades, Portfolio) owns 113,272 shares as of 09/30/2014, which accounts for 0.54% of the $1.23 billion portfolio of Dreman Value Management. T Boone Pickens (Trades, Portfolio) sold out his holdings in the quarter that ended on 09/30/2013.

Schlumberger NV (SLB, Financial): Down 22% Since John Rogers (Trades, Portfolio) bought in the quarter ended on 2014-09-30

John Rogers (Trades, Portfolio) initiated holdings in Oil Equipment and Services company Schlumberger NVÂ (SLB, Financial) during the quarter ended 09/30/2014. His purchase prices were between $101.01 and $117.73, with an estimated average price of $108.91. Since then the prices of Schlumberger NV shares have declined by -22% from the estimated average. John Rogers (Trades, Portfolio) owned 9,627 shares of Schlumberger NV as of 09/30/2014.

Schlumberger NV was founded in 1926. The company is a supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. Schlumberger NV has a market cap of $109.98 billion; its shares were traded at around $85.47 with a P/E ratio of 16.60 and P/S ratio of 2.30. The dividend yield of Schlumberger NV stocks is 1.90%. Schlumberger NV had an annual average earnings growth of 12.10% over the past 10 years. GuruFocus rated Schlumberger Nv the business predictability rank of 3-star.

Schlumberger recently reported third-quarter 2014 revenue of $12.6 billion versus $12.1 billion in the second quarter of 2014, and $11.6 billion in the third quarter of 2013. Third-quarter revenue was up 5% sequentially and increased 9% year-on-year with International Areas revenue of $8.3 billion growing $222 million, or 3% sequentially, while North America Area revenue of $4.3 billion increased $367 million, or 9% sequentially.

John Rogers (Trades, Portfolio) bought 9,627 shares in the quarter that ended on 09/30/2014, which is 0.013% of the $7.75 billion portfolio of Ariel Investment, LLC. Ruane Cunniff (Trades, Portfolio) owns 64,536 shares as of 09/30/2014, an increase of 2284.92% from the previous quarter. This position accounts for 0.035% of the $18.88 billion portfolio of Ruane, Cunniff & Goldfarb Inc. John Burbank (Trades, Portfolio) owns 1,723,849 shares as of 09/30/2014, an increase of 201.62% from the previous quarter. This position accounts for 2.5% of the $7.07 billion portfolio of Passport Capital.

CFO Simon Ayat sold 54,566 shares of SLB stock on 07/25/2014 at the average price of 112.37. Simon Ayat owns at least 96,112 shares after this. The price of the stock has decreased by 23.94% since.

Devon Energy Corp (DVN, Financial): Down 23% Since Ken Fisher (Trades, Portfolio) Bought In the Quarter Ended on 2014-09-30

Ken Fisher (Trades, Portfolio) added to his holdings in Exploration and Production company Devon Energy Corp (DVN, Financial) by 24.65% during the quarter ended 09/30/2014. His purchase prices were between $68.7 and $79.4, with an estimated average price of $74.31. Since then the prices of Devon Energy Corp shares have declined by -23% from the estimated average. Ken Fisher (Trades, Portfolio) owned 4,096 shares of Devon Energy Corp as of 09/30/2014.

Devon Energy Corporation is a Delaware corporation formed in 1971. Devon Energy Corp has a market cap of $23.4 billion; its shares were traded at around $57.20 with a P/E ratio of 10.40 and P/S ratio of 1.40. The dividend yield of Devon Energy Corp stocks is 1.60%.

Ray Dalio (Trades, Portfolio) owns 185,039 shares as of 09/30/2014, an increase of 151.75% from the previous quarter. This position accounts for 0.098% of the $12.83 billion portfolio of Bridgewater Associates. Ken Fisher (Trades, Portfolio) owns 4,096 shares as of 09/30/2014, an increase of 24.65% from the previous quarter. This position accounts for 0.0006% of the $46.91 billion portfolio of Fisher Asset Management, LLC. Bill Nygren (Trades, Portfolio) owns 495,000 shares as of 06/30/2014, a decrease of 75.27% of from the previous quarter. This position accounts for 0.28% of the $15.5 billion portfolio of Oak Mark Fund.

Director Akash Patel, bought 25,000 shares of DVN stock on 10/23/2014 at the average price of 0.17. Akash Patel, owns at least 74,999 shares after this.