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:
Berry Petroleum Corp (NASDAQ: BRY)
Berry Petroleum Corp is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. The business activities of the group include development and production of conventional oil reserves.
A quick look at the price chart below for Berry Petroleum shows us that the stock is down 17% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 3.60 which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Berry Petroleum include:
Howard Marks – 12,891,717 total shares
Ken Griffin – 566,525 total shares
Cliff Asness – 141,595 total shares
Louis Bacon – 110,000 total shares
D E Shaw – 108,476 total shares
Paul Tudor Jones – 21,122 total shares
Steve Cohen – 11,638 total shares
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