Merewether Investment Management, LP
- SEC CIK
- 0001736852
- Latest filing
- Aug 14, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Nov 14, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 70
- +7 vs. Q2 2025
- Portfolio value
- $4.18B
- +$708.0M (+20.4%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| ETREntergy Corp | COM | 2,148,000 | $200.2M | 4.8% | +923,700+75.4% | Added | History |
| MTZMastec Inc | COM | 867,240 | $184.6M | 4.4% | +324,500+59.8% | Added | History |
| SRESempra | Stock | 1,949,432 | $175.4M | 4.2% | +272,500+16.2% | Added | History |
| NVTnVent Electric plc | SHS | 1,699,674 | $167.7M | 4.0% | +631,800+59.2% | Added | History |
| EXEExpand Energy Corp | COM | 1,517,475 | $161.2M | 3.9% | +875,600+136.4% | Added | History |
| SUSuncor Energy Inc | Stock | 3,681,304 | $154.0M | 3.7% | +553,600+17.7% | Added | History |
| EQTEQT Corp | Stock | 2,735,086 | $148.9M | 3.6% | −628,200−18.7% | Reduced | History |
| XELXcel Energy Inc | Stock | 1,763,910 | $142.3M | 3.4% | +818,800+86.6% | Added | History |
| TRGPTarga Resources Corp. | COM | 798,177 | $133.7M | 3.2% | −194,405−19.6% | Reduced | History |
| NINisource Inc. | COM | 2,934,594 | $127.1M | 3.0% | −71,600−2.4% | Reduced | History |
| CVECenovus Energy Inc. | COM | 7,138,222 | $121.3M | 2.9% | +1,047,500+17.2% | Added | History |
| DTMDT Midstream, Inc. | COMMON STOCK | 1,000,600 | $113.1M | 2.7% | +658,400+192.4% | Added | History |
| PRPermian Resources Corp | CLASS A COM | 8,836,137 | $113.1M | 2.7% | +3,431,900+63.5% | Added | History |
| VLOValero Energy Corp | Stock | 634,731 | $108.1M | 2.6% | +103,300+19.4% | Added | History |
| BKRBaker Hughes Co | CL A | 2,165,846 | $105.5M | 2.5% | +1,694,700+359.7% | Added | History |
| TLNTalen Energy Corp | COM | 241,159 | $102.6M | 2.5% | −32,000−11.7% | Reduced | History |
| DDDuPont de Nemours, Inc. | COM | 1,279,700 | $99.7M | 2.4% | +1,279,700 | New | History |
| CNPCenterpoint Energy Inc | COM | 2,493,500 | $96.7M | 2.3% | +1,149,637+85.5% | Added | History |
| FSLRFirst Solar, Inc. | Stock | 420,700 | $92.8M | 2.2% | +222,100+111.8% | Added | History |
| CMICummins Inc | Stock | 215,800 | $91.1M | 2.2% | +215,800 | New | History |
| BBarrick Mining Corp | Stock | 2,647,300 | $86.8M | 2.1% | +1,684,800+175.0% | Added | History |
| NRGNRG Energy, Inc. | Stock | 530,726 | $86.0M | 2.1% | +530,726 | New | History |
| HUBBHubbell Inc | COM | 198,000 | $85.2M | 2.0% | +31,100+18.6% | Added | History |
| KMIKinder Morgan, Inc. | Stock | 2,765,800 | $78.3M | 1.9% | −1,944,300−41.3% | Reduced | History |
| XOMExxonMobil Holdings Corp | COM | 693,893 | $78.2M | 1.9% | −6,500−0.9% | Reduced | History |
| BGBunge Global SA | COM SHS | 921,700 | $74.9M | 1.8% | +921,700 | New | History |
| FANGDiamondback Energy, Inc. | Stock | 508,750 | $72.8M | 1.7% | +85,100+20.1% | Added | History |
| OVVOvintiv Inc. | COM | 1,747,097 | $70.5M | 1.7% | −399,099−18.6% | Reduced | History |
| FTITechnipFMC plc | COM | 1,544,135 | $60.9M | 1.5% | +1,056,797+216.9% | Added | History |
| SHELShell plc | ADR | 750,821 | $53.7M | 1.3% | −1,695,800−69.3% | Reduced | History |
| AYIAcuity Inc. (DE) | Stock | 147,100 | $50.7M | 1.2% | +147,100 | New | History |
| RIOTRiot Platforms, Inc. | COM | 2,510,000 | $47.8M | 1.1% | +150,700+6.4% | Added | History |
| IAGIamgold Corp | COM | 3,432,590 | $44.4M | 1.1% | −1,586,100−31.6% | Reduced | History |
| GTXGarrett Motion Inc. | Stock | 2,980,200 | $40.6M | 1.0% | +2,980,200 | New | History |
| LGNLegence Corp. | CL A | 1,306,852 | $40.3M | 1.0% | +1,306,852 | New | History |
| STNGScorpio Tankers Inc. | SHS | 686,361 | $38.5M | 0.9% | +686,361 | New | History |
| CVXChevron Corp | Stock | 240,000 | $37.3M | 0.9% | +240,000 | New | History |
| DINOHF Sinclair Corp | COM | 682,400 | $35.7M | 0.9% | +682,400 | New | History |
| CMCCommercial Metals Co | Stock | 468,700 | $26.8M | 0.6% | +468,700 | New | History |
| VNOMViper Energy, Inc. | CL A | 697,582 | $26.7M | 0.6% | −193,400−21.7% | Reduced | History |
| STLDSteel Dynamics Inc | COM | 189,800 | $26.5M | 0.6% | +189,800 | New | History |
| ECGEverus Construction Group, Inc. | Stock | 289,700 | $24.8M | 0.6% | +289,700 | New | History |
| Global X FDS37954Y830 | GLOBAL X COPPER | 379,500 | $22.7M | 0.5% | +379,500 | New | – |
| MOSMosaic Co | COM | 634,800 | $22.0M | 0.5% | −1,349,300−68.0% | Reduced | History |
| WBIWaterBridge Infrastructure LLC | CL A SHS REPSTG | 870,400 | $22.0M | 0.5% | +870,400 | New | History |
| NXTNextpower Inc. | Stock | 280,875 | $20.8M | 0.5% | +125,160+80.4% | Added | History |
| WLKWestlake Corp | COM | 268,400 | $20.7M | 0.5% | +268,400 | New | History |
| BKVBKV Corp | COM | 876,517 | $20.3M | 0.5% | 00.0% | Unchanged | History |
| GNRCGenerac Holdings Inc. | Stock | 113,799 | $19.0M | 0.5% | −152,100−57.2% | Reduced | History |
| DNNDenison Mines Corp. | COM | 6,819,900 | $18.8M | 0.4% | +6,819,900 | New | History |
| ARISAris Mining Corp | COM | 1,913,400 | $18.7M | 0.4% | +1,913,400 | New | History |
| SLBSLB Limited | Stock | 543,200 | $18.7M | 0.4% | +190,000+53.8% | Added | History |
| METCRamaco Resources, Inc. | COM CL A | 561,400 | $18.6M | 0.4% | +561,400 | New | History |
| VSTVistra Corp. | Stock | 94,022 | $18.4M | 0.4% | −1,221,514−92.9% | Reduced | History |
| BTUPeabody Energy Corp | COM | 571,300 | $15.2M | 0.4% | +571,300 | New | History |
| FROFrontline plc | COM | 626,500 | $14.3M | 0.3% | +306,800+96.0% | Added | History |
| CDECoeur Mining, Inc. | COM NEW | 725,600 | $13.6M | 0.3% | +725,600 | New | History |
| ATOAtmos Energy Corp | COM | 72,936 | $12.5M | 0.3% | −275,600−79.1% | Reduced | History |
| BTDRBitdeer Technologies Group | CL A ORD SHS | 601,700 | $10.3M | 0.2% | +601,700 | New | History |
| LNGCheniere Energy, Inc. | COM NEW | 42,600 | $10.0M | 0.2% | +42,600 | New | History |
| VCVisteon Corp | COM NEW | 70,700 | $8.47M | 0.2% | +70,700 | New | History |
| CCJCameco Corp | Stock | 88,854 | $7.45M | 0.2% | −81,700−47.9% | Reduced | History |
| HCCWarrior Met Coal, Inc. | COM | 108,569 | $6.91M | 0.2% | −235,586−68.5% | Reduced | History |
| CNQCanadian Natural Resources Ltd | COM | 168,463 | $5.38M | 0.1% | −1,648,000−90.7% | Reduced | History |
| FIXComfort Systems USA Inc | COM | 4,169 | $3.44M | 0.1% | −65,226−94.0% | Reduced | History |
| SOCSable Offshore Corp. | COM SHS | 138,800 | $2.42M | 0.1% | −261,200−65.3% | Reduced | History |
| AAAlcoa Corp | Stock | 37,500 | $1.23M | <0.1% | +37,500 | New | History |
| ALVAutoliv Inc | COM | 6,400 | $790.4K | <0.1% | 00.0% | Unchanged | History |
| DARDarling Ingredients Inc. | COM | 20,614 | $636.4K | <0.1% | 00.0% | Unchanged | History |
| ITRIItron, Inc. | COM | 5,075 | $632.1K | <0.1% | −295,712−98.3% | Reduced | History |
Sold out since Q2 2025 (18)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| PNWPinnacle West Capital Corp | COM | 734,180 | $65.7M | 1.9% | History |
| GEVGE Vernova Inc. | Stock | 122,356 | $64.7M | 1.9% | History |
| FLSFlowserve Corp | COM | 889,300 | $46.6M | 1.3% | History |
| KGSKodiak Gas Services, Inc. | COM | 1,185,125 | $40.6M | 1.2% | History |
| FCXFreeport-McMoran Inc | Stock | 918,156 | $39.8M | 1.1% | History |
| MPCMarathon Petroleum Corp | Stock | 214,000 | $35.5M | 1.0% | History |
| OGEOGE Energy Corp. | COM | 783,825 | $34.8M | 1.0% | History |
| HESHess Corp | Stock | 240,085 | $33.3M | 1.0% | History |
| ESIElement Solutions Inc | COM | 1,237,554 | $28.0M | 0.8% | History |
| KGCKinross Gold Corp | COM | 1,717,548 | $26.8M | 0.8% | History |
| ETEnergy Transfer LP | COM UT LTD PTN | 1,315,612 | $23.9M | 0.7% | History |
| IRENIREN Ltd | ORDINARY SHARES | 1,443,000 | $21.0M | 0.6% | History |
| TSTenaris SA | SPONSORED ADS | 533,515 | $20.0M | 0.6% | History |
| CTRACoterra Energy Inc. | Stock | 608,400 | $15.4M | 0.4% | History |
| PRIMPrimoris Services Corp | Stock | 104,131 | $8.12M | 0.2% | History |
| EQXEquinox Gold Corp. | COM | 996,200 | $5.73M | 0.2% | History |
| ARAntero Resources Corp | COM | 81,900 | $3.30M | 0.1% | History |
| MPLXMPLX LP | COM UNIT REP LTD | 329,802 | $71.1K | <0.1% | History |