Fund Holdings

VIKING FUND MANAGEMENT LLC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
WILLIAMS COS INC(WMB)40,000240,000+200,0002,404,40017,467,2001.79%+15,062,800
SHELL PLC-ADR(SHEL)0160,000+160,000014,880,0001.53%+14,880,000
CHEVRON CORP(CVX)151,500161,500+10,00023,090,11533,414,3503.43%+10,324,235
MCCORMICK-N/V(MKC)0200,000+200,000010,088,0001.03%+10,088,000
NOVO-NORDISK-ADR(NVO)0270,000+270,00009,922,5001.02%+9,922,500
FIFTH THIRD BANC(FITB)0200,000+200,00009,292,0000.95%+9,292,000
TOTALENERGIES SE(TTE)0100,000+100,00009,098,0000.93%+9,098,000
DIAMONDBACK ENER(FANG)17,00055,000+38,0002,555,61010,878,4501.12%+8,322,840
PROCTER & GAMBLE(PG)28,00080,000+52,0004,012,68011,555,2001.18%+7,542,520
TARGA RESOURCES(TRGP)31,00050,000+19,0005,719,50012,536,5001.29%+6,817,000
XCEL ENERGY INC(XEL)190,000260,000+70,00014,033,40020,654,4002.12%+6,621,000
EXPAND ENERGY CORP(EXE)30,00088,000+58,0003,310,8009,660,6400.99%+6,349,840
BRISTOL-MYER SQB(BMY)321,000373,000+52,00017,314,74022,622,4502.32%+5,307,710
ALPHABET INC-A(GOOG)018,000+18,00005,176,0800.53%+5,176,080
CORNING INC(GLW)230,000185,000-45,00020,138,80025,154,4502.58%+5,015,650
AT&T INC(T)495,000575,000+80,00012,295,80016,669,2501.71%+4,373,450
VERIZON COMMUNIC(VZ)347,000367,000+20,00014,133,31018,423,4001.89%+4,290,090
PHILLIPS 66(PSX)87,00085,000-2,00011,226,48015,485,3001.59%+4,258,820
CHENIERE ENERGY(LNG)45,00045,00008,747,55012,769,2001.31%+4,021,650
ACCENTURE PLC-A
SHS CLASS A
020,000+20,00003,965,8000.41%+3,965,800
GENUINE PARTS CO(GPC)55,000100,000+45,0006,762,80010,575,0001.08%+3,812,200
ENTERGY CORP(ETR)210,000205,000-5,00019,410,30023,033,8002.36%+3,623,500
OVINTIV INC(OVV)060,000+60,00003,561,6000.37%+3,561,600
NEXTDECADE CORP(NEXT)0450,000+450,00003,447,0000.35%+3,447,000
TC Energy Corp(TRP)542,000530,000-12,00029,815,42033,178,0003.40%+3,362,580
KODIAK GAS SERVI(KGS)157,000157,00005,871,8009,156,2400.94%+3,284,440
BADGER METER INC020,000+20,00003,047,0000.31%+3,047,000
BROADCOM INC(AVGO)89,000109,000+20,00030,802,90033,736,5903.46%+2,933,690
ABBVIE INC(ABBV)73,00090,000+17,00016,679,77019,574,1002.01%+2,894,330
DIGITALOCEAN HOL(DOCN)75,00075,00003,609,0006,433,5000.66%+2,824,500
VENTURE GLOBAL-A(VG)150,000230,000+80,0001,023,0003,624,8000.37%+2,601,800
DOW INC(DOW)060,000+60,00002,499,0000.26%+2,499,000
VALERO ENERGY(VLO)29,00029,00004,720,9107,165,3200.73%+2,444,410
NUTRIEN LTD(NTR)030,000+30,00002,263,8000.23%+2,263,800
PALO ALTO NETWOR(PANW)013,203+13,20302,116,7050.22%+2,116,705
ARCHROCK INC(AROC)220,000220,00005,724,4007,656,0000.78%+1,931,600
COCA-COLA CO/THE(KO)120,000135,000+15,0008,389,20010,266,7501.05%+1,877,550
DARLING INGREDIE(DAR)030,000+30,00001,855,5000.19%+1,855,500
KIMBERLY-CLARK(KMB)81,000103,000+22,0008,172,0909,936,4101.02%+1,764,320
ALTRIA GROUP INC(MO)202,000202,000011,647,32013,329,9801.37%+1,682,660
DELL TECHN-C(DELL)43,00043,00005,412,8407,057,5900.72%+1,644,750
PEPSICO INC(PEP)139,000139,000019,949,28021,585,3102.21%+1,636,030
CENOVUS ENERGY(CVE)060,000+60,00001,591,8000.16%+1,591,800
BRIT AMER TO PLC ADR(BTI)190,000210,000+20,00010,757,80012,278,7001.26%+1,520,900
MERCK & CO(MRK)100,000100,000010,526,00012,029,0001.23%+1,503,000
ALLSTATE CORP(ALL)28,00035,000+7,0005,828,2007,256,9000.74%+1,428,700
BAKER HUGHES A(BKR)144,000130,000-14,0006,557,7607,936,5000.81%+1,378,740
JPMORGAN CHASE(JPM)36,00044,000+8,00011,599,92012,943,0401.33%+1,343,120
HEWLETT PACKA(HPE)490,000550,000+60,00011,769,80013,095,5001.34%+1,325,700
ELI LILLY & CO(LLY)8,30011,000+2,7008,919,84410,117,4701.04%+1,197,626
PFIZER INC(PFE)335,500338,000+2,5008,353,9509,491,0400.97%+1,137,090
EQT CORP(EQT)70,00075,000+5,0003,752,0004,773,0000.49%+1,021,000
TECHNIPFMC PLC(FTI)40,00040,00001,782,4002,765,2000.28%+982,800
ANTERO RESOURCES(AR)120,000120,00004,135,2005,092,8000.52%+957,600
EVERGY INC(EVRG)100,000100,00007,249,0008,192,0000.84%+943,000
BANK OF AMERICA180,000220,000+40,0009,900,00010,725,0001.10%+825,000
UBS GROUP AG(UBS)017,000+17,0000664,1900.07%+664,190
TEXAS INSTRUMENT(TXN)32,00032,00005,551,6806,212,4800.64%+660,800
NEXTPOWER-CL A19,00019,00001,655,0902,290,4500.23%+635,360
LOCKHEED MARTIN(LMT)15,00013,000-2,0007,255,0507,857,0700.81%+602,020
SANOFI-ADR(SNY)012,000+12,0000578,1600.06%+578,160
CATERPILLAR INC(CAT)4,0004,00002,291,4802,833,8400.29%+542,360
DEERE & CO(DE)5,0005,00002,327,8502,816,5000.29%+488,650
AIR PRODS & CHEM11,00011,00002,717,2203,195,3900.33%+478,170
FEDEX CORP(FDX)7,0007,00002,022,0202,493,2600.26%+471,240
SPIRE INC(SR)60,00060,00004,962,0005,432,4000.56%+470,400
KINDER MORGAN IN(KMI)75,00075,00002,061,7502,514,7500.26%+453,000
NATIONAL GRI-ADR(NGG)05,000+5,0000423,0000.04%+423,000
THE BUCKLE INC(BKE)08,000+8,0000402,8800.04%+402,880
NEXTERA ENERGY(NEE)325,000285,000-40,00026,091,00026,470,8002.71%+379,800
TENARIS-ADR(TS)28,00025,000-3,0001,076,6001,454,5000.15%+377,900
EXELON CORP(EXC)60,00060,00002,615,4002,941,2000.30%+325,800
NOBLE CORP PLC(NE)15,00015,0000423,600736,0500.08%+312,450
TRANE TECHNOLOGI(TT)11,00011,00004,281,2004,584,1400.47%+302,940
DORIAN LPG LTD(LPG)18,00021,000+3,000438,120718,2000.07%+280,080
STARBUCKS CORP(SBUX)52,00052,00004,378,9204,658,6800.48%+279,760
ILLINOIS TOOL WO(ITW)17,00017,00004,187,1004,424,9300.45%+237,830
GENERAC HOLDINGS(GNRC)4,0004,0000545,480781,3200.08%+235,840
LYONDELLBASELL-A
SHS - A -
6,0006,0000259,800483,3600.05%+223,560
TRUIST FINANCIAL(TFC)3,0008,000+5,000147,630367,7600.04%+220,130
CLOUDFLARE INC-A(NET)21,00021,00004,140,1504,333,1400.44%+192,990
PAYCHEX INC(PAYX)48,00060,000+12,0005,384,6405,527,2000.57%+142,560
WASTE MANAGEMENT(WM)13,00013,00002,856,2302,987,2700.31%+131,040
CONOCOPHILLIPS(COP)27,00020,000-7,0002,527,4702,640,0000.27%+112,530
MCDONALDS CORP(MCD)20,00020,00006,112,6006,215,8000.64%+103,200
SOUTH BOW CORP(SOBO)12,00012,0000329,640399,8400.04%+70,200
BHP GROUP-ADR5,0005,0000301,850363,7000.04%+61,850
RIO TINTO PLC ADR(RIO)4,0004,0000320,120373,1600.04%+53,040
DIVERSIFIED ENERGY COMPANY(DEC)15,00015,0000217,200261,6000.03%+44,400
PORTLAND GENERAL(POR)5,5005,5000263,945290,2350.03%+26,290
SLB LTD(SLB)80,00060,000-20,0003,070,4003,083,4000.32%+13,000
DOMINION ENERGY INC(D)3,5003,5000205,065216,3700.02%+11,305
CISCO SYSTEMS(CSCO)15,00015,00001,155,4501,163,8500.12%+8,400
EVERSOURCE ENERG(ES)4,0004,0000269,320277,1200.03%+7,800
CAL-MAINE FOODS(CALM)3,0003,0000238,710237,4500.02%-1,260
PNC FINANCIAL SE(PNC)10,00010,00002,087,3002,080,9000.21%-6,400
REGIONS FINANCIA(RF)12,00012,0000325,200313,4400.03%-11,760
UNITED PARCEL-B(UPS)59,00059,00005,852,2105,804,4200.59%-47,790
LOWE'S COS INC(LOW)10,00010,00002,411,6002,362,8000.24%-48,800
EXPRO GROUP HOLD30,00020,000-10,000400,500348,2000.04%-52,300
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