Encompass Capital Advisors LLC
- SEC CIK
- 0001541901
- Latest filing
- Aug 14, 2026
Holdings in Q1 2025
Holdings as of Mar 31, 2025, filed May 15, 2025. Long positions only; changes compare share counts with Q4 2024.
- Positions
- 66
- +7 vs. Q4 2024
- Portfolio value
- $2.60B
- +$270.7M (+11.6%) vs. Q4 2024
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| NXTNextpower Inc. | Stock | 2,630,114 | $110.8M | 4.3% | +1,105,617+72.5% | Added | History |
| EXEExpand Energy Corp | COM | 867,599 | $96.6M | 3.7% | −145,883−14.4% | Reduced | History |
| KEXKirby Corp | COM | 925,357 | $93.5M | 3.6% | +224,999+32.1% | Added | History |
| GLNGGolar LNG Ltd | SHS | 2,276,083 | $86.5M | 3.3% | +966,692+73.8% | Added | History |
| FSLRFirst Solar, Inc. | Stock | 650,000 | $82.2M | 3.2% | +320,282+97.1% | Added | History |
| TSTenaris SA | SPONSORED ADS | 2,097,540 | $82.0M | 3.2% | +997,540+90.7% | Added | History |
| SEISolaris Energy Infrastructure, Inc. | COM CL A | 3,628,977 | $79.0M | 3.0% | +1,338,334+58.4% | Added | History |
| GEVGE Vernova Inc. | Stock | 252,140 | $77.0M | 3.0% | +252,140 | New | History |
| FANGDiamondback Energy, Inc. | Stock | 471,944 | $75.5M | 2.9% | +193,181+69.3% | Added | History |
| Veren Inc92340V107 | COM NEW | 10,789,335 | $71.5M | 2.7% | +2,674,473+33.0% | Added | – |
| OVVOvintiv Inc. | COM | 1,635,482 | $70.0M | 2.7% | +269,332+19.7% | Added | History |
| SOCSable Offshore Corp. | COM SHS | 2,694,954 | $68.4M | 2.6% | +1,294,954+92.5% | Added | History |
| VSTVistra Corp. | Stock | 576,987 | $67.8M | 2.6% | +100,866+21.2% | Added | History |
| NESRNational Energy Services Reunited Corp. | SHS | 8,823,247 | $64.9M | 2.5% | −5,785−0.1% | Reduced | History |
| DVNDevon Energy Corp | Stock | 1,699,493 | $63.6M | 2.4% | +1,699,493 | New | History |
| NFENew Fortress Energy Inc. | COM CL A | 7,516,219 | $62.5M | 2.4% | +1,725,097+29.8% | Added | History |
| FCXFreeport-McMoran Inc | Stock | 1,642,421 | $62.2M | 2.4% | +1,642,421 | New | History |
| MGYMagnolia Oil & Gas Corp | CL A | 2,130,595 | $53.8M | 2.1% | +2,130,595 | New | History |
| VLOValero Energy Corp | Stock | 378,330 | $50.0M | 1.9% | +378,330 | New | History |
| CNICanadian National Railway Co | Stock | 500,000 | $48.7M | 1.9% | +500,000 | New | History |
| FTITechnipFMC plc | COM | 1,500,000 | $47.5M | 1.8% | +1,500,000 | New | History |
| VISTVista Energy, S.A.B. de C.V. | SPONSORED ADS | 1,016,319 | $47.3M | 1.8% | +199,221+24.4% | Added | History |
| FROFrontline plc | COM | 3,032,023 | $45.0M | 1.7% | +3,032,023 | New | History |
| AESIAtlas Energy Solutions Inc. | COM NEW | 2,444,756 | $43.6M | 1.7% | +2,444,756 | New | History |
| BKRBaker Hughes Co | CL A | 974,744 | $42.8M | 1.6% | −325,256−25.0% | Reduced | History |
| HOSHornbeck Offshore Services, Inc. | Stock | 5,099,383 | $42.4M | 1.6% | +996,088+24.3% | Added | History |
| UALUnited Airlines Holdings, Inc. | COM | 600,000 | $41.4M | 1.6% | +600,000 | New | History |
| UNPUnion Pacific Corp | Stock | 175,000 | $41.3M | 1.6% | 00.0% | Unchanged | History |
| KGSKodiak Gas Services, Inc. | COM | 1,090,200 | $40.7M | 1.6% | −529,258−32.7% | Reduced | History |
| MEOHMethanex Corp | COM | 999,305 | $35.1M | 1.3% | +461,954+86.0% | Added | History |
| YPFYpf Sociedad Anonima | SPON ADR CL D | 999,047 | $35.0M | 1.3% | −953−0.1% | Reduced | History |
| FDXFedEx Corp | Stock | 140,000 | $34.1M | 1.3% | +140,000 | New | History |
| CSTMConstellium SE | CL A SHS | 3,357,544 | $33.9M | 1.3% | +1,519,220+82.6% | Added | History |
| XUnited States Steel Corp | COM | 800,000 | $33.8M | 1.3% | +800,000 | New | History |
| PRIMPrimoris Services Corp | Stock | 547,472 | $31.4M | 1.2% | +74,184+15.7% | Added | History |
| HBMHudbay Minerals Inc. | COM | 4,132,062 | $31.4M | 1.2% | +647,835+18.6% | Added | History |
| GGBGerdau S.A. | SPON ADR REP PFD | 10,610,617 | $30.1M | 1.2% | +10,610,617 | New | History |
| GFRGreenfire Resources Ltd. | COM SHS | 4,803,504 | $28.2M | 1.1% | +754,571+18.6% | Added | History |
| STLDSteel Dynamics Inc | COM | 220,407 | $27.6M | 1.1% | +220,407 | New | History |
| WHDCactus, Inc. | CL A | 599,095 | $27.5M | 1.1% | +599,095 | New | History |
| WFRDWeatherford International plc | ORD SHS | 510,830 | $27.4M | 1.1% | +510,830 | New | History |
| PDSPrecision Drilling Corp | COM NEW | 557,814 | $26.0M | 1.0% | −532−0.1% | Reduced | History |
| SLBSLB Limited | Stock | 551,153 | $23.0M | 0.9% | −553,887−50.1% | Reduced | History |
| TRNTrinity Industries Inc | COM | 779,039 | $21.9M | 0.8% | −1,213,242−60.9% | Reduced | History |
| RNGRRanger Energy Services, Inc. | COM CL A | 1,500,568 | $21.3M | 0.8% | −1,432−0.1% | Reduced | History |
| UECUranium Energy Corp | COM | 4,223,438 | $20.2M | 0.8% | +3,033,974+255.1% | Added | History |
| DHTDHT Holdings, Inc. | SHS NEW | 1,899,975 | $19.9M | 0.8% | +1,899,975 | New | History |
| CDLRCadeler A/S | SPON ADR | 1,008,333 | $19.8M | 0.8% | −1,645−0.2% | Reduced | History |
| NXENexGen Energy Ltd. | COM | 4,153,080 | $18.6M | 0.7% | +2,964,900+249.5% | Added | History |
| NVGSNavigator Holdings Ltd. | SHS | 1,337,875 | $17.8M | 0.7% | −1,276−0.1% | Reduced | History |
| TNKTeekay Tankers Ltd. | CL A | 449,689 | $17.2M | 0.7% | +449,689 | New | History |
| TET1 Energy Inc. | COM NEW | 13,463,268 | $17.0M | 0.7% | 00.0% | Unchanged | History |
| EGOEldorado Gold Corp | COM | 999,702 | $16.8M | 0.6% | +999,702 | New | History |
| PPTAPerpetua Resources Corp. | COM | 1,472,891 | $15.7M | 0.6% | +1,472,891 | New | History |
| RSReliance, Inc. | COM | 49,986 | $14.4M | 0.6% | +49,986 | New | History |
| CENXCentury Aluminum Co | COM | 750,000 | $13.9M | 0.5% | +750,000 | New | History |
| FLOCFlowco Holdings Inc. | COM CL A | 534,803 | $13.7M | 0.5% | +534,803 | New | History |
| METCRamaco Resources, Inc. | COM CL A | 1,609,727 | $13.2M | 0.5% | +1,609,727 | New | History |
| INRInfinity Natural Resources, Inc. | COM CL A | 664,583 | $12.5M | 0.5% | +664,583 | New | History |
| GTEGran Tierra Energy Inc. | COMMON STOCK | 2,500,589 | $12.3M | 0.5% | +625,562+33.4% | Added | History |
| IMSRTerrestrial Energy Inc. | SHS CL A | 946,165 | $10.0M | 0.4% | +946,165 | New | History |
| INSWInternational Seaways, Inc. | COM | 299,910 | $9.96M | 0.4% | +299,910 | New | History |
| AAAlcoa Corp | Stock | 268,923 | $8.20M | 0.3% | −686,583−71.9% | Reduced | History |
| XPROExpro Ltd | COM | 661,503 | $6.58M | 0.3% | −1,912,619−74.3% | Reduced | History |
| METCBRamaco Resources, Inc. | COM CL B | 23,296 | $165.6K | <0.1% | +23,296 | New | History |
| Freyr Battery Inc35834F112 | *W EXP 07/09/202 | 355,465 | $35.5K | <0.1% | 00.0% | Unchanged | – |
Options (1)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| NFENew Fortress Energy Inc. | COM CL A | – | $8.31M |
Sold out since Q4 2024 (21)
Positions held at the end of Q4 2024 that are gone from this filing.
| Security | Class | Shares in Q4 2024 | Value in Q4 2024 | % of portfolio in Q4 2024 | History |
|---|---|---|---|---|---|
| TDWTidewater Inc | COM | 1,582,328 | $86.6M | 3.7% | History |
| EQTEQT Corp | Stock | 1,293,152 | $59.6M | 2.6% | History |
| GBXGreenbrier Companies Inc | Stock | 930,236 | $56.7M | 2.4% | History |
| TLNTalen Energy Corp | COM | 239,901 | $48.3M | 2.1% | History |
| CHRDChord Energy Corp | COM NEW | 374,142 | $43.7M | 1.9% | History |
| CIVICivitas Resources, Inc. | EQUITY US CM | 930,290 | $42.7M | 1.8% | History |
| CPCanadian Pacific Kansas City Ltd | COM | 564,311 | $40.8M | 1.8% | History |
| WABWestinghouse Air Brake Technologies Corp | Stock | 211,849 | $40.2M | 1.7% | History |
| KOSKosmos Energy Ltd. | COM | 10,445,208 | $35.7M | 1.5% | History |
| AMPSAltus Power, Inc. | COM CL A | 8,027,318 | $32.7M | 1.4% | History |
| SHLSShoals Technologies Group, Inc. | CL A | 5,410,245 | $29.9M | 1.3% | History |
| NPWRNet Power Inc. | COM CL A | 2,497,413 | $26.4M | 1.1% | History |
| NEXTNextDecade Corp | COM | 3,403,047 | $26.2M | 1.1% | History |
| DOWDow Inc. | Stock | 639,387 | $25.7M | 1.1% | History |
| MUSAMurphy USA Inc. | COM | 40,000 | $20.1M | 0.9% | History |
| SBLKStar Bulk Carriers Corp. | SHS PAR | 1,240,650 | $18.5M | 0.8% | History |
| CRKComstock Resources Inc | COM | 953,251 | $17.4M | 0.7% | History |
| Golden Ocean Group LtdG39637205 | SHS NEW | 1,905,407 | $17.1M | 0.7% | – |
| COPConocoPhillips | Stock | 139,704 | $13.9M | 0.6% | History |
| XOMExxonMobil Holdings Corp | COM | 125,000 | $13.4M | 0.6% | History |
| BORRBorr Drilling Ltd | SHS | 2,748,241 | $10.7M | 0.5% | History |