Fund Holdings

Encompass Capital Advisors LLC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
CHENIERE ENERGY INC(LNG)(Put)01,556,100+1,556,1000441,558,936+441,558,936
SPDR SERIES TRUST(Put)
SP O&G EXPL PRO
01,390,000+1,390,0000252,743,700+252,743,700
ATLAS ENERGY SOLUTIONS INC(AESI)09,135,182+9,135,1820119,853,5884.88%+119,853,588
LYONDELLBASELL INDUSTRIES NV(Put)
SHS - A -
01,274,000+1,274,0000102,633,440+102,633,440
SABLE OFFSHORE CORP13,489,24113,448,741-40,500121,672,954222,173,2019.05%+100,500,247
CENTURY ALUM CO(CENX)499,8371,551,362+1,051,52519,583,61491,049,4363.71%+71,465,822
OLD DOMINION FREIGHT LINE IN(ODFL)0310,061+310,061060,585,9192.47%+60,585,919
FORGENT POWER SOLUTIONS INC(FPS)01,925,699+1,925,699056,365,2102.30%+56,365,210
CONSTELLATION ENERGY CORP(CEG)0200,000+200,000055,850,0002.28%+55,850,000
PHILLIPS 66(PSX)0304,700+304,700055,510,2462.26%+55,510,246
SOUTHERN COPPER CORP(SCCO)(Put)0308,100+308,100053,011,686+53,011,686
BAYTEX ENERGY CORP(BTE)13,948,51620,071,614+6,123,09845,053,70789,694,7633.66%+44,641,056
MURPHY USA INC(MUSA)090,000+90,000044,457,3001.81%+44,457,300
URANIUM ENERGY CORP(UEC)03,000,000+3,000,000040,500,0001.65%+40,500,000
ALMONTY INDS INC2,908,0334,300,839+1,392,80625,619,77162,276,1492.54%+36,656,378
CACTUS INC(WHD)0765,514+765,514036,262,3981.48%+36,262,398
CF INDUSTRIES HOLD(CF)(Put)0265,400+265,400034,459,536+34,459,536
PERMIAN RESOURCES CORP(PR)01,597,811+1,597,811034,065,3311.39%+34,065,331
QUANTA SVCS INC060,000+60,000032,941,2001.34%+32,941,200
MATSON INC(MATX)0199,834+199,834032,760,7861.34%+32,760,786
CORE NATURAL RESOURCES INC(CNR)225,000500,000+275,00019,914,75052,365,0002.13%+32,450,250
CSX CORP(CSX)0785,800+785,800032,257,0901.31%+32,257,090
ASP ISOTOPES INC06,912,054+6,912,054030,551,2791.25%+30,551,279
SOLV ENERGY INC(MWH)01,000,400+1,000,400030,042,0121.22%+30,042,012
OCCIDENTAL PETE CORP(OXY)0451,396+451,396029,340,7401.20%+29,340,740
PAR PAC HOLDINGS INC(PARR)0460,393+460,393028,839,0181.18%+28,839,018
KNIGHT-SWIFT TRANSN HLDGS IN(KNX)0500,000+500,000028,790,0001.17%+28,790,000
ENPHASE ENERGY INC(ENPH)0720,288+720,288027,234,0891.11%+27,234,089
DEVON ENERGY CORP NEW(DVN)0517,600+517,600026,045,6321.06%+26,045,632
LINDE PLC(LIN)050,000+50,000024,788,0001.01%+24,788,000
DARLING INGREDIENTS INC(DAR)0400,000+400,000024,740,0001.01%+24,740,000
SM ENERGY COMPANY(SM)0697,800+697,800021,757,4040.89%+21,757,404
POWELL INDS INC(POWL)040,000+40,000021,643,2000.88%+21,643,200
CMB.TECH NV(CMBT)2,499,3073,500,000+1,000,69324,118,31344,275,0001.80%+20,156,687
STEEL DYNAMICS INC(STLD)0100,043+100,043018,007,7400.73%+18,007,740
TAMBORAN RES CORP(TBN)713,698713,698019,433,99735,677,7631.45%+16,243,766
NEXTPOWER INC499,837484,262-15,57543,540,80158,377,7842.38%+14,836,983
SELECT WATER SOLUTIONS INC(WTTR)3,118,8243,085,249-33,57532,810,02847,204,3101.92%+14,394,282
ALAMOS GOLD INC0300,065+300,065013,331,8880.54%+13,331,888
VISTA ENERGY S.A.B. DE C.V.(VIST)594,846543,551-51,29528,945,20641,021,7941.67%+12,076,588
NAVIGATOR HLDGS LTD(NVGS)635,6011,034,216+398,61511,008,60919,991,3950.81%+8,982,786
USA RARE EARTH INC(USAR)0465,000+465,00006,224,0250.25%+6,224,025
SCORPIO TANKERS INC(STNG)200,000200,000010,166,00014,932,0000.61%+4,766,000
RANGER ENERGY SVCS INC1,510,7951,507,503-3,29221,120,91425,838,6021.05%+4,717,688
BRISTOW GROUP INC(VTOL)699,429587,364-112,06525,613,09027,541,4981.12%+1,928,408
BIMERGEN ENERGY CORP0700,000+700,00001,491,0000.06%+1,491,000
BIMERGEN ENERGY CORP01,000,000+1,000,0000712,5000.03%+712,500
TETRA TECHNOLOGIES INC DEL(TTI)2,891,5903,201,953+310,36327,094,19827,280,6401.11%+186,442
T1 ENERGY INC(TE)355,465355,4650415,89478,5580.00%-337,336
ALCOA CORP(AA)763,400605,149-158,25140,567,07640,139,5331.64%-427,543
RICE ACQUISITION CORP 31,997,8671,935,615-62,25220,977,60420,517,5190.84%-460,085
FLOWCO HLDGS INC(FLOC)1,503,2161,275,044-228,17228,170,26826,265,9061.07%-1,904,362
PERPETUA RESOURCES CORP(PPTA)168,7500-168,7504,085,4380-4,085,438
PRECISION DRILLING CORP(PDS)556,638351,189-205,44939,954,28834,503,9291.41%-5,450,359
OKEANIS ECO TANKERS COR
SHS
810,154377,432-432,72227,415,61119,094,2850.78%-8,321,326
KIRBY CORP(KEX)649,758469,611-180,14771,590,33662,401,9102.54%-9,188,426
BORR DRILLING LTD(BORR)3,554,8000-3,554,80014,325,8440-14,325,844
SIGMA LITHIUM CORPORATION(SGML)1,248,1750-1,248,17516,463,4280-16,463,428
BARRICK MNG CORP(B)400,0000-400,00017,420,0000-17,420,000
TMC THE METALS COMPANY INC(TMC)3,000,0000-3,000,00018,510,0000-18,510,000
SOLARIS ENERGY INFRAS INC(SEI)2,559,5431,750,000-809,543117,662,19298,892,5004.03%-18,769,692
NATIONAL ENERGY SERVICES REU
SHS
7,103,2844,261,389-2,841,895111,237,42791,492,0223.73%-19,745,405
ARCBEST CORP(ARCB)275,0000-275,00020,402,2500-20,402,250
NUCOR CORP(NUE)313,502175,000-138,50251,135,31129,592,5001.21%-21,542,811
CONSTELLIUM SE(CSTM)4,657,9152,477,278-2,180,63787,801,69860,891,4932.48%-26,910,205
VIPER ENERGY INC(VNOM)1,348,366464,604-883,76252,087,37921,831,7420.89%-30,255,637
WARRIOR MET COAL INC(HCC)375,7910-375,79133,133,4920-33,133,492
CAMECO CORP(CCJ)375,0000-375,00034,308,7500-34,308,750
ORMAT TECHNOLOGIES INC(ORA)312,6750-312,67534,541,2070-34,541,207
PRIMORIS SVCS CORP(PRIM)289,9070-289,90735,989,0550-35,989,055
STANDARD LITHIUM LTD8,053,7220-8,053,72236,000,1370-36,000,137
CHORD ENERGY CORPORATION(CHRD)391,1270-391,12736,257,4730-36,257,473
GXO LOGISTICS INCORPORATED(GXO)698,9740-698,97436,793,9910-36,793,991
HUNT J B TRANS SVCS INC(JBHT)205,0000-205,00039,839,7000-39,839,700
SHOALS TECHNOLOGIES GROUP IN(SHLS)4,823,3690-4,823,36940,998,6370-40,998,637
COMMERCIAL METALS CO(CMC)599,8710-599,87141,523,0710-41,523,071
WEATHERFORD INTL PLC(WFRD)599,2740-599,27446,899,1830-46,899,183
MATADOR RES CO(MTDR)1,254,6780-1,254,67853,248,5340-53,248,534
HELMERICH & PAYNE INC(HP)2,081,6440-2,081,64459,701,5500-59,701,550
T1 ENERGY INC(TE)34,968,16934,968,1690233,587,369153,510,2626.26%-80,077,107
DIAMONDBACK ENERGY INC(FANG)746,3430-746,343112,197,7430-112,197,743
UNITED AIRLS HLDGS INC(UAL)(Put)1,167,0000-1,167,000130,493,9400-130,493,940
OCCIDENTAL PETE CORP(OXY)(Call)5,565,2000-5,565,200228,841,0240-228,841,024
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