Lime Rock Management LP Q2 2018 vs. Q3 2018 13F Holdings Comparison

Lime Rock Management LP is a well-known private equity firm that specializes in investing in energy companies. In this blog post, we will compare the 13F holdings of Lime Rock Management LP between Q2 2018 and Q3 2018.

During Q2 2018, Lime Rock Management LP held 1,527,097 shares in Independence Contract Drilling Inc, a land drilling services provider in the United States. In Q3 2018, the company maintained its position in the firm, holding 1,527,097 shares. However, the value of the shares increased from $6,267,000 during Q2 2018 to $7,544,000 in Q3 2018, a 20.4% change.

Lime Rock Management LP's holdings change between Q2 and Q3 2018 is reflective of the volatility of the U.S. energy market during that period. The price of oil increased from around $65 per barrel during Q2 to $74 per barrel at the end of Q3, which would have contributed to the increase in the value of Lime Rock Management LP's shares in Independence Contract Drilling Inc.

It's worth noting that Lime Rock Management LP is required by the Securities and Exchange Commission (SEC) to file quarterly 13F reports. These reports provide valuable information to investors and analysts about the changes in holdings of institutional investors such as Lime Rock Management LP. The SEC uses this information to monitor potential insider trading and other illegal market activities.

In conclusion, Lime Rock Management LP maintained its position in Independence Contract Drilling Inc between Q2 and Q3 2018, but the value of its shares increased significantly. This is likely due to the increase in the price of oil during that period. Lime Rock Management LP's 13F filings provide valuable insights into the company's investment strategies and market movements, which can be useful for investors and analysts alike.