Q1 2025 · 13F-HR
Condire Management, LPholdings as filed
Filed 2025-05-15 · accession 0001085146-25-003222
$668.8M
Reported value
22
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 644535106 | NGDN | NEW GOLD INC CDA | $121.5M | 18.2% | 32,739,918 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $112.5M | 16.8% | 2,864,986 | Common | SOLE |
| G7997W102 | SDRL | SEADRILL LTD | $76.8M | 11.5% | 3,070,703 | Common | SOLE |
| 674215207 | CHRD | CHORD ENERGY CORPORATION | $59.9M | 8.95% | 531,291 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $47.6M | 7.12% | 6,275,553 | Common | SOLE |
| 75508B104 | RYAM | RAYONIER ADVANCED MATLS INC | $36.5M | 5.46% | 6,356,130 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $29.3M | 4.39% | 2,108,306 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $29.0M | 4.33% | 600,000 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $19.2M | 2.87% | 177,022 | Common | SOLE |
| 68828E809 | ODV | OSISKO DEVELOPMENT CORP | $18.7M | 2.80% | 12,551,934 | Common | SOLE |
| 82575P107 | SBSW | SIBANYE STILLWATER LTD | $17.4M | 2.60% | 3,790,555 | Common | SOLE |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $15.5M | 2.32% | 201,663 | Common | SOLE |
| 12738K109 | CDLR | CADELER A S | $12.3M | 1.84% | 624,400 | Common | SOLE |
| 88642R109 | TDW | TIDEWATER INC NEW | $12.1M | 1.81% | 285,900 | Common | SOLE |
| 78468R556 | XOP | SPDR SER TR | $11.6M | 1.73% | 87,889 | Common | SOLE |
| 516806205 | 8LP1 | VITAL ENERGY INC | $11.3M | 1.68% | 530,981 | Common | SOLE |
| 17888H103 | CIVI | CIVITAS RESOURCES INC | $10.1M | 1.51% | 289,764 | Common | SOLE |
| 714266103 | PPTA | PERPETUA RESOURCES CORP | $9.5M | 1.42% | 890,459 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $7.5M | 1.12% | 80,000 | Common | SOLE |
| Y41053102 | INSW | INTERNATIONAL SEAWAYS INC | $6.5M | 0.97% | 194,763 | Common | SOLE |
| G9108L173 | TEN | TSAKOS ENERGY NAVIGATION LTD | $3.3M | 0.49% | 190,977 | Common | SOLE |
| 58039P305 | MUX | MCEWEN MNG INC | $853,150 | 0.13% | 113,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.