Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
Propetro Holding Corp (NYSE: PUMP)
Propetro Holding Corp is a Texas-based oilfield services company. It provides hydraulic fracturing and other complementary services to oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. The company focused is on Permian Basin. The firm operates through six segments namely cementing, acidizing, coiled tubing, flow back services, surface air drilling, and drilling.
A quick look at the price chart below for Propetro Holding Corp shows us that the stock is down 47% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 2.81 which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Propetro Holding Corp include:
Ken Fisher – 2,427,455 total shares
Ken Griffin – 327,551 total shares
Jim Simons – 206,900 total shares
Joel Greenblatt – 84,304 total shares
Paul Tudor Jones – 30,583 total shares
Cliff Asness – 30,475 total shares
Chuck Royce – 26,749 total shares
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