Encompass Capital Advisors LLC Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$2.5T
Holdings
50
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (50 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | TET1 ENERGY INC | 34,968,169 | $233.6B | 9.53% | |
| 2 | OXYOCCIDENTAL PETE CORP | 5,565,200 | $228.8B | 9.34% | Call |
| 3 | UALUNITED AIRLS HLDGS INC | 1,167,000 | $130.5B | 5.33% | Put |
| 4 | SOCSABLE OFFSHORE CORP | 13,489,241 | $121.7B | 4.97% | |
| 5 | SEISOLARIS ENERGY INFRAS INC | 2,559,543 | $117.7B | 4.80% | |
| 6 | FANGDIAMONDBACK ENERGY INC | 746,343 | $112.2B | 4.58% | |
| 7 | NESRNATIONAL ENERGY SERVICES REU | 7,103,284 | $111.2B | 4.54% | |
| 8 | CSTMCONSTELLIUM SE | 4,657,915 | $87.8B | 3.58% | |
| 9 | KEXKIRBY CORP | 649,758 | $71.6B | 2.92% | |
| 10 | HPHELMERICH & PAYNE INC | 2,081,644 | $59.7B | 2.44% | |
| 11 | MTDRMATADOR RES CO | 1,254,678 | $53.2B | 2.17% | |
| 12 | VNOMVIPER ENERGY INC | 1,348,366 | $52.1B | 2.13% | |
| 13 | NUENUCOR CORP | 313,502 | $51.1B | 2.09% | |
| 14 | WFRDWEATHERFORD INTL PLC | 599,274 | $46.9B | 1.91% | |
| 15 | BTEBAYTEX ENERGY CORP | 13,948,516 | $45.1B | 1.84% | |
| 16 | NXTNEXTPOWER INC | 499,837 | $43.5B | 1.78% | |
| 17 | CMCCOMMERCIAL METALS CO | 599,871 | $41.5B | 1.69% | |
| 18 | SHLSSHOALS TECHNOLOGIES GROUP IN | 4,823,369 | $41.0B | 1.67% | |
| 19 | AAALCOA CORP | 763,400 | $40.6B | 1.66% | |
| 20 | PDSPRECISION DRILLING CORP | 556,638 | $40.0B | 1.63% | |
| 21 | JBHTHUNT J B TRANS SVCS INC | 205,000 | $39.8B | 1.63% | |
| 22 | GXOGXO LOGISTICS INCORPORATED | 698,974 | $36.8B | 1.50% | |
| 23 | CHRDCHORD ENERGY CORPORATION | 391,127 | $36.3B | 1.48% | |
| 24 | SLISTANDARD LITHIUM LTD | 8,053,722 | $36.0B | 1.47% | |
| 25 | PRIMPRIMORIS SVCS CORP | 289,907 | $36.0B | 1.47% | |
| 26 | HNMORMAT TECHNOLOGIES INC | 312,675 | $34.5B | 1.41% | |
| 27 | CCOCAMECO CORP | 375,000 | $34.3B | 1.40% | |
| 28 | HCCWARRIOR MET COAL INC | 375,791 | $33.1B | 1.35% | |
| 29 | WTTRSELECT WATER SOLUTIONS INC | 3,118,824 | $32.8B | 1.34% | |
| 30 | VISTVISTA ENERGY S.A.B. DE C.V. | 594,846 | $28.9B | 1.18% | |
| 31 | FLOCFLOWCO HLDGS INC | 1,503,216 | $28.2B | 1.15% | |
| 32 | ECOOKEANIS ECO TANKERS COR | 810,154 | $27.4B | 1.12% | |
| 33 | TTITETRA TECHNOLOGIES INC DEL | 2,891,590 | $27.1B | 1.11% | |
| 34 | AIIALMONTY INDS INC | 2,908,033 | $25.6B | 1.05% | |
| 35 | VTOLBRISTOW GROUP INC | 699,429 | $25.6B | 1.05% | |
| 36 | CMBTCMB.TECH NV | 2,499,307 | $24.1B | 0.98% | |
| 37 | RNGRRANGER ENERGY SVCS INC | 1,510,795 | $21.1B | 0.86% | |
| 38 | KRSPRICE ACQUISITION CORP 3 | 1,997,867 | $21.0B | 0.86% | |
| 39 | ARCBARCBEST CORP | 275,000 | $20.4B | 0.83% | |
| 40 | CNRCORE NATURAL RESOURCES INC | 225,000 | $19.9B | 0.81% | |
| 41 | CENXCENTURY ALUM CO | 499,837 | $19.6B | 0.80% | |
| 42 | TBNTAMBORAN RES CORP | 713,698 | $19.4B | 0.79% | |
| 43 | TMCTMC THE METALS COMPANY INC | 3,000,000 | $18.5B | 0.76% | |
| 44 | BBARRICK MNG CORP | 400,000 | $17.4B | 0.71% | |
| 45 | SGMLSIGMA LITHIUM CORPORATION | 1,248,175 | $16.5B | 0.67% | |
| 46 | BORRBORR DRILLING LTD | 3,554,800 | $14.3B | 0.58% | |
| 47 | NVGSNAVIGATOR HLDGS LTD | 635,601 | $11.0B | 0.45% | |
| 48 | STNGSCORPIO TANKERS INC | 200,000 | $10.2B | 0.41% | |
| 49 | PPTAPERPETUA RESOURCES CORP | 168,750 | $4.1B | 0.17% | |
| 50 | TE/WST1 ENERGY INC | 355,465 | $415.0M | 0.02% |