Chevron New (CVX) Holder Oakmont Partners Cut Stake by $684,908 as Share Value Rose; Letko Brosseau & Associates Holding in Hess (HES) Trimmed by $4.19 Million

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Oakmont Partners Llc decreased its stake in Chevron Corp New (CVX) by 25.85% based on its latest 2018Q3 regulatory filing with the SEC. Oakmont Partners Llc sold 5,614 shares as the company’s stock rose 0.40% while stock markets declined. The institutional investor held 16,105 shares of the integrated oil company at the end of 2018Q3, valued at $1.97M, down from 21,719 at the end of the previous reported quarter. Oakmont Partners Llc who had been investing in Chevron Corp New for a number of months, seems to be less bullish one the $227.48B market cap company. The stock increased 0.28% or $0.33 during the last trading session, reaching $119.05. About 3.02 million shares traded. Chevron Corporation (NYSE:CVX) has declined 3.92% since February 13, 2018 and is downtrending. It has underperformed by 3.92% the S&P500. Some Historical CVX News: 07/05/2018 – DNB Global Indeks Adds Chevron, Exits Harris, Cuts Exxon; 17/05/2018 – Hot Air: Can’t handle the truth? Actor walks out of “verbatim” play on Chevron shakedown; 12/04/2018 – Channel NewsAsia: Exclusive: Chevron, Exxon seek ‘small refinery’ waivers from US biofuels law; 09/03/2018 – SA’S COMPETITION TRIBUNAL – ONE OF CONTRACTUAL PROVISIONS RELATES TO FIRST RIGHT OF REFUSAL IN FAVOUR OF CSA’S MINORITY SHAREHOLDERS, OFF SHELF INVESTMENTS FIFTY-SIX; 19/03/2018 – Chevron sells May-loading Cossack cargo – traders; 10/04/2018 – Cal EMA Spills: SPILL Report – Chevron – 04/10/2018 05:27 PM; 14/05/2018 – CHEVRON SAYS BOARD OF DIRECTORS RECOMMENDED STOCKHOLDERS TO VOTE AGAINST STOCKHOLDER PROPOSAL REGARDING REPORT ON METHANE EMISSIONS – SEC FILING; 07/05/2018 – TCO and KPO plan maintenance at Tengiz and Karachaganak oilfields for Aug-Oct 2018; 05/03/2018 – North Sea Crude-Forties weakens, Chevron restarts Alba; 24/03/2018 – Cal EMA Spills: SPILL Report – Chevron – 03/24/2018 03:49 PM

Letko Brosseau & Associates Inc decreased its stake in Hess Corp (HES) by 5.23% based on its latest 2018Q3 regulatory filing with the SEC. Letko Brosseau & Associates Inc sold 59,070 shares as the company’s stock declined 17.68% with the market. The institutional investor held 1.07M shares of the integrated oil company at the end of 2018Q3, valued at $76.62M, down from 1.13M at the end of the previous reported quarter. Letko Brosseau & Associates Inc who had been investing in Hess Corp for a number of months, seems to be less bullish one the $16.60B market cap company. The stock increased 1.61% or $0.89 during the last trading session, reaching $56.03. About 2.09 million shares traded. Hess Corporation (NYSE:HES) has risen 15.45% since February 13, 2018 and is uptrending. It has outperformed by 15.45% the S&P500. Some Historical HES News: 05/03/2018 OIL FROM SHALE WILL BE RESILIENT WITH OIL AT $50 – HESS CEO JOHN HESS; 11/04/2018 – AKER MAY NOT HAVE TO PAY CAPITAL GAINS TAX FOR BUYING HESS’S HES.N 50 PCT STAKE IN DEEPWATER BLOCK – DEPUTY ENERGY MINISTER; 09/03/2018 – Fitch: Hess Outlook Reflects Material Reduction in Liquidity as Shr Repurchase Plan Is Implemented; 08/03/2018 – Elliott Management supports Hess buyback on eve of proxy deadline; 09/03/2018 – Fitch: Hess Outlook Revised to Negative From Stable After $1B Shr Repurchase Plan; 22/05/2018 – Hess Presenting at UBS Global Oil & Gas Conference Tomorrow; 08/03/2018 – Hess Sets Another Buyback, Winning Peace with Activist Investor–Update; 25/04/2018 – Hess Corp 1Q-End Cash, Cash Equivalents $3.7B; 05/03/2018 – SHALE, DEEPWATWER WON’T BE ENOUGHT TO MEET FUTURE DEMAND: HESS; 26/04/2018 – HESS BUYS INTEREST IN NEW ACREAGE OFFSHORE GUYANA

Since September 13, 2018, it had 0 buys, and 6 selling transactions for $4.19 million activity. Ourada Jeanette L also sold $838,808 worth of Chevron Corporation (NYSE:CVX) on Monday, February 4.

Investors sentiment increased to 1.05 in 2018 Q3. Its up 0.02, from 1.03 in 2018Q2. It is positive, as 49 investors sold CVX shares while 648 reduced holdings. 121 funds opened positions while 611 raised stakes. 1.18 billion shares or 1.47% less from 1.19 billion shares in 2018Q2 were reported. Hwg Holdg LP invested in 338 shares or 0.03% of the stock. Arosa Cap Lp has 2.22% invested in Chevron Corporation (NYSE:CVX). Advisory Service Networks Limited reported 66,891 shares. Polaris Greystone Gru Limited Liability Com has 0.08% invested in Chevron Corporation (NYSE:CVX). New Jersey Better Educational Savings Trust owns 7,000 shares. Michigan-based State Treasurer State Of Michigan has invested 0.51% in Chevron Corporation (NYSE:CVX). Janney Cap Ltd Liability Com has 0.57% invested in Chevron Corporation (NYSE:CVX). Virginia Retirement Et Al accumulated 852,916 shares. Nikko Asset Americas invested in 130,139 shares. Fincl Bank Of Nova Scotia holds 0.6% of its portfolio in Chevron Corporation (NYSE:CVX) for 1.11 million shares. 12,514 are held by Gemmer Asset Ltd Liability Corp. Stelac Advisory Svcs Lc owns 1,927 shares or 0.07% of their US portfolio. First Foundation Advisors invested 0.28% of its portfolio in Chevron Corporation (NYSE:CVX). Whittier Company Of Nevada Incorporated holds 1.23% of its portfolio in Chevron Corporation (NYSE:CVX) for 138,198 shares. Leavell Investment Mgmt accumulated 0.61% or 46,171 shares.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Seekingalpha.com which released: “Chevron confirms purchase of Pasadena refinery from Petrobras for $350M – Seeking Alpha” on January 30, 2019, also Benzinga.com with their article: “Wall Street Weighs In On Chevron’s Mixed Quarter (NYSE:CVX) – Benzinga” published on February 04, 2019, 247Wallst.com published: “5 Jefferies Franchise Picks Stocks With Huge Total Return Potential – 24/7 Wall St.” on February 07, 2019. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Seekingalpha.com and their article: “U.S. launches sanctions against Venezuela’s PDVSA oil firm – Seeking Alpha” published on January 28, 2019 as well as Benzinga.com‘s news article titled: “Amazon.com, Inc. (NASDAQ:AMZN), Chevron Corporation (NYSE:CVX) – Mixed Signals From Payrolls Data Helps Put The Brakes On Market Momentum – Benzinga” with publication date: February 01, 2019.

Among 37 analysts covering Chevron Corporation (NYSE:CVX), 29 have Buy rating, 0 Sell and 8 Hold. Therefore 78% are positive. Chevron Corporation had 134 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, September 22 by BMO Capital Markets. The firm earned “Neutral” rating on Monday, November 2 by Credit Suisse. Credit Suisse maintained Chevron Corporation (NYSE:CVX) on Monday, February 5 with “Neutral” rating. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Friday, February 2 by Societe Generale. The rating was maintained by Jefferies with “Buy” on Tuesday, October 3. The firm earned “Hold” rating on Friday, March 24 by RBC Capital Markets. Piper Jaffray maintained Chevron Corporation (NYSE:CVX) on Thursday, August 24 with “Buy” rating. The stock has “Hold” rating by Bank of America on Thursday, January 4. The rating was maintained by Credit Suisse on Wednesday, August 23 with “Buy”. Barclays Capital maintained it with “Equal Weight” rating and $89.0 target in Tuesday, January 12 report.

Oakmont Partners Llc, which manages about $220.41 million and $445.04 million US Long portfolio, upped its stake in Amgen Inc (NASDAQ:AMGN) by 4,281 shares to 20,344 shares, valued at $4.22M in 2018Q3, according to the filing. It also increased its holding in Phillips 66 (NYSE:PSX) by 3,193 shares in the quarter, for a total of 14,192 shares, and has risen its stake in Merck & Co Inc (NYSE:MRK).

Since November 21, 2018, it had 0 insider purchases, and 10 sales for $23.75 million activity. Lowery-Yilmaz Barbara J had sold 2,353 shares worth $125,650 on Thursday, February 7. $276,185 worth of Hess Corporation (NYSE:HES) was sold by RIELLY JOHN P. Hill Gregory P. had sold 11,659 shares worth $622,591. Turner Michael R sold 4,142 shares worth $235,348. 167,834 shares were sold by HESS JOHN B, worth $8.87M. Goodell Timothy B. also sold $296,156 worth of Hess Corporation (NYSE:HES) on Thursday, February 7.

Investors sentiment increased to 0.92 in Q3 2018. Its up 0.16, from 0.76 in 2018Q2. It improved, as 33 investors sold HES shares while 175 reduced holdings. 71 funds opened positions while 120 raised stakes. 227.84 million shares or 3.40% less from 235.86 million shares in 2018Q2 were reported. Wellington Mngmt Gp Llp holds 13.39 million shares. Natl Pension accumulated 0.09% or 302,228 shares. Principal Fin reported 376,876 shares. Paradigm Asset Mgmt Limited Liability has 0% invested in Hess Corporation (NYSE:HES) for 34,980 shares. First Hawaiian Bank & Trust reported 3,802 shares or 0.01% of all its holdings. Anchor Limited Liability Corp owns 0.62% invested in Hess Corporation (NYSE:HES) for 239,253 shares. Stratos Wealth Partners accumulated 490 shares. Silvercrest Asset Mgmt Ltd holds 0.02% or 29,809 shares in its portfolio. Reilly Financial Advsrs Ltd Com accumulated 172 shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 2,456 shares. Trustmark Bank Department has invested 0.01% of its portfolio in Hess Corporation (NYSE:HES). Bluecrest Cap Mngmt Limited accumulated 19,048 shares or 0.04% of the stock. Metropolitan Life reported 36,815 shares or 0.05% of all its holdings. Moreover, Wellington Shields Capital Management Limited Company has 0.04% invested in Hess Corporation (NYSE:HES) for 3,500 shares. 2.22M were reported by Investec Asset Mngmt Ltd.

More notable recent Hess Corporation (NYSE:HES) news were published by: Seekingalpha.com which released: “Marathon Petroleum Before Earnings – Seeking Alpha” on February 06, 2019, also Businesswire.com with their article: “Hess Announces Conversion Rate for Mandatory Convertible Preferred Stock – Business Wire” published on January 30, 2019, Seekingalpha.com published: “Hess edges higher after Q4 earnings, revenues top expectations – Seeking Alpha” on January 30, 2019. More interesting news about Hess Corporation (NYSE:HES) were released by: Seekingalpha.com and their article: “Hess Needs Higher Oil Prices – Seeking Alpha” published on February 02, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For January 30, 2019 – Benzinga” with publication date: January 30, 2019.

Letko Brosseau & Associates Inc, which manages about $24.00B and $10.76B US Long portfolio, upped its stake in Manulife Finl Corp (NYSE:MFC) by 242,475 shares to 19.47M shares, valued at $347.88 million in 2018Q3, according to the filing. It also increased its holding in At&T Inc (NYSE:T) by 311,885 shares in the quarter, for a total of 5.96 million shares, and has risen its stake in Cenovus Energy Inc (NYSE:CVE).

Among 25 analysts covering Hess Corp. (NYSE:HES), 10 have Buy rating, 2 Sell and 13 Hold. Therefore 40% are positive. Hess Corp. had 81 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Hess Corporation (NYSE:HES) earned “Overweight” rating by Morgan Stanley on Friday, October 12. Barclays Capital downgraded the shares of HES in report on Wednesday, July 11 to “Underweight” rating. JP Morgan downgraded the shares of HES in report on Thursday, September 14 to “Neutral” rating. The firm earned “Neutral” rating on Tuesday, June 27 by Atlantic Securities. On Friday, June 16 the stock rating was maintained by BMO Capital Markets with “Hold”. The rating was maintained by Piper Jaffray on Tuesday, November 21 with “Buy”. JP Morgan upgraded the shares of HES in report on Thursday, December 8 to “Overweight” rating. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, February 6 report. The stock of Hess Corporation (NYSE:HES) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, January 12. The stock of Hess Corporation (NYSE:HES) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 24.

Hess Corporation (NYSE:HES) Institutional Positions Chart