Q4 2025 · 13F-HR
Encompass Capital Advisors LLCholdings as filed
Filed 2026-02-17 · accession 0001172661-26-001127
$2.45B
Reported value
50
Positions
2025-12-31
Period end
The Brief · Encompass Capital Advisors LLC · Q4 2025
AI · grounded in 13F
Encompass Capital Advisors LLC closed its position in ARKK, reducing exposure by $597.4M. The fund established several new positions, most notably in OXY with a $228.8M investment and UAL at $130.5M. Other significant moves included a new position in FANG worth $112.2M and a 159.7% increase in shares of TE.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 35834F104 | TE | T1 ENERGY INC | $233.6M | 9.53% | 34,968,169 | Common | SOLE |
| 674599105 | OXY | OCCIDENTAL PETE CORP | $228.8M | 9.34% | 5,565,200 | CALL | SOLE |
| 910047109 | UAL | UNITED AIRLS HLDGS INC | $130.5M | 5.33% | 1,167,000 | PUT | SOLE |
| 78574H104 | SOC | SABLE OFFSHORE CORP | $121.7M | 4.97% | 13,489,241 | Common | SOLE |
| 83418M103 | SEI | SOLARIS ENERGY INFRAS INC | $117.7M | 4.80% | 2,559,543 | Common | SOLE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $112.2M | 4.58% | 746,343 | Common | SOLE |
| G6375R107 | NESR | NATIONAL ENERGY SERVICES REU | $111.2M | 4.54% | 7,103,284 | Common | SOLE |
| F21107101 | CSTM | CONSTELLIUM SE | $87.8M | 3.58% | 4,657,915 | Common | SOLE |
| 497266106 | KEX | KIRBY CORP | $71.6M | 2.92% | 649,758 | Common | SOLE |
| 423452101 | HP | HELMERICH & PAYNE INC | $59.7M | 2.44% | 2,081,644 | Common | SOLE |
| 576485205 | MTDR | MATADOR RES CO | $53.2M | 2.17% | 1,254,678 | Common | SOLE |
| 64361Q101 | VNOM | VIPER ENERGY INC | $52.1M | 2.13% | 1,348,366 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $51.1M | 2.09% | 313,502 | Common | SOLE |
| G48833118 | WFRD | WEATHERFORD INTL PLC | $46.9M | 1.91% | 599,274 | Common | SOLE |
| 07317Q105 | BTE | BAYTEX ENERGY CORP | $45.1M | 1.84% | 13,948,516 | Common | SOLE |
| 65290E101 | NXT | NEXTPOWER INC | $43.5M | 1.78% | 499,837 | Common | SOLE |
| 201723103 | CMC | COMMERCIAL METALS CO | $41.5M | 1.69% | 599,871 | Common | SOLE |
| 82489W107 | SHLS | SHOALS TECHNOLOGIES GROUP IN | $41.0M | 1.67% | 4,823,369 | Common | SOLE |
| 013872106 | AA | ALCOA CORP | $40.6M | 1.66% | 763,400 | Common | SOLE |
| 74022D407 | PDS | PRECISION DRILLING CORP | $40.0M | 1.63% | 556,638 | Common | SOLE |
| 445658107 | JBHT | HUNT J B TRANS SVCS INC | $39.8M | 1.63% | 205,000 | Common | SOLE |
| 36262G101 | GXO | GXO LOGISTICS INCORPORATED | $36.8M | 1.50% | 698,974 | Common | SOLE |
| 674215207 | CHRD | CHORD ENERGY CORPORATION | $36.3M | 1.48% | 391,127 | Common | SOLE |
| 853606101 | SLI | STANDARD LITHIUM LTD | $36.0M | 1.47% | 8,053,722 | Common | SOLE |
| 74164F103 | PRIM | PRIMORIS SVCS CORP | $36.0M | 1.47% | 289,907 | Common | SOLE |
| 686688102 | ORA | ORMAT TECHNOLOGIES INC | $34.5M | 1.41% | 312,675 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $34.3M | 1.40% | 375,000 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $33.1M | 1.35% | 375,791 | Common | SOLE |
| 81617J301 | WTTR | SELECT WATER SOLUTIONS INC | $32.8M | 1.34% | 3,118,824 | Common | SOLE |
| 92837L109 | VIST | VISTA ENERGY S.A.B. DE C.V. | $28.9M | 1.18% | 594,846 | Common | SOLE |
| 342909108 | FLOC | FLOWCO HLDGS INC | $28.2M | 1.15% | 1,503,216 | Common | SOLE |
| Y64177101 | ECO | OKEANIS ECO TANKERS COR | $27.4M | 1.12% | 810,154 | Common | SOLE |
| 88162F105 | TTI | TETRA TECHNOLOGIES INC DEL | $27.1M | 1.11% | 2,891,590 | Common | SOLE |
| 020398707 | ALM | ALMONTY INDS INC | $25.6M | 1.05% | 2,908,033 | Common | SOLE |
| 11040G103 | VTOL | BRISTOW GROUP INC | $25.6M | 1.05% | 699,429 | Common | SOLE |
| B38564108 | CMBT | CMB.TECH NV | $24.1M | 0.98% | 2,499,307 | Common | SOLE |
| 75282U104 | RNGR | RANGER ENERGY SVCS INC | $21.1M | 0.86% | 1,510,795 | Common | SOLE |
| G7553X122 | KRSP/U | RICE ACQUISITION CORP 3 | $21.0M | 0.86% | 1,997,867 | Common | SOLE |
| 03937C105 | ARCB | ARCBEST CORP | $20.4M | 0.83% | 275,000 | Common | SOLE |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $19.9M | 0.81% | 225,000 | Common | SOLE |
| 156431108 | CENX | CENTURY ALUM CO | $19.6M | 0.80% | 499,837 | Common | SOLE |
| 87507T101 | TBN | TAMBORAN RES CORP | $19.4M | 0.79% | 713,698 | Common | SOLE |
| 87261Y106 | TMC | TMC THE METALS COMPANY INC | $18.5M | 0.76% | 3,000,000 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $17.4M | 0.71% | 400,000 | Common | SOLE |
| 826599102 | SGML | SIGMA LITHIUM CORPORATION | $16.5M | 0.67% | 1,248,175 | Common | SOLE |
| G1466R173 | BORR | BORR DRILLING LTD | $14.3M | 0.58% | 3,554,800 | Common | SOLE |
| Y62132108 | NVGS | NAVIGATOR HLDGS LTD | $11.0M | 0.45% | 635,601 | Common | SOLE |
| Y7542C130 | STNG | SCORPIO TANKERS INC | $10.2M | 0.41% | 200,000 | Common | SOLE |
| 714266103 | PPTA | PERPETUA RESOURCES CORP | $4.1M | 0.17% | 168,750 | Common | SOLE |
| 35834F112 | TE/WS | T1 ENERGY INC | $415,894 | 0.02% | 355,465 | 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.