# Encompass Capital Advisors LLC: Form 13F holdings

An institutional investment manager in New York, NY. SEC CIK 1541901.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $2.81bn
- Positions: 54 (54 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1541901/000117266126003734/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| ISHARES TR | MSCI USA MMENTM | $492.8m | 17.5% | 1,437,500 | Put | New +1,437,500 |
| [T1 ENERGY INC (TE)](/companies/te.md) | COM NEW | $331.5m | 11.8% | 34,968,169 |  | Unchanged |
| [SOLARIS ENERGY INFRAS INC (SEI)](/companies/sei.md) | COM CL A | $202.7m | 7.2% | 2,519,604 |  | Added +769,604 |
| [ATLAS ENERGY SOLUTIONS INC (AESI)](/companies/aesi.md) | COM NEW | $108.6m | 3.9% | 6,540,322 |  | Reduced −2,594,860 |
| NATIONAL ENERGY SERVICES REU | SHS | $92.9m | 3.3% | 3,102,538 |  | Reduced −1,158,851 |
| CONSTELLIUM SE | CL A SHS | $77.2m | 2.7% | 2,421,349 |  | Reduced −55,929 |
| [MURPHY OIL CORP (MUR)](/companies/mur.md) | COM | $73.3m | 2.6% | 2,250,000 |  | New +2,250,000 |
| [PROPETRO HLDG CORP (PUMP)](/companies/pump.md) | COM | $65.6m | 2.3% | 4,574,591 |  | New +4,574,591 |
| [BAKER HUGHES COMPANY (BKR)](/companies/bkr.md) | CL A | $63.8m | 2.3% | 1,149,014 |  | New +1,149,014 |
| [OCCIDENTAL PETE CORP (OXY)](/companies/oxy.md) | COM | $55.3m | 2.0% | 1,138,000 |  | Added +686,604 |
| [PATTERSON-UTI ENERGY INC (PTEN)](/companies/pten.md) | COM | $54.4m | 1.9% | 5,921,072 |  | New +5,921,072 |
| [VENTURE GLOBAL INC (VG)](/companies/vg.md) | COM CL A | $50.1m | 1.8% | 4,500,000 |  | New +4,500,000 |
| [FUELCELL ENERGY INC (FCEL)](/companies/fcel.md) | COM NEW | $49.2m | 1.7% | 1,365,900 |  | New +1,365,900 |
| [CLEVELAND-CLIFFS INC NEW (CLF)](/companies/clf.md) | COM | $48.0m | 1.7% | 5,113,625 |  | New +5,113,625 |
| [CORE NATURAL RESOURCES INC (CNR)](/companies/cnr.md) | COM SHS | $47.2m | 1.7% | 589,633 |  | Added +89,633 |
| [NORFOLK SOUTHN CORP (NSC)](/companies/nsc.md) | COM | $45.6m | 1.6% | 145,000 |  | New +145,000 |
| [POWELL INDS INC (POWL)](/companies/powl.md) | COM | $45.5m | 1.6% | 158,899 |  | Added +118,899 |
| [VISTA ENERGY S.A.B. DE C.V. (VIST)](/companies/vist.md) | SPONSORED ADS | $45.0m | 1.6% | 705,720 |  | Added +162,169 |
| [SABLE OFFSHORE CORP (SOC)](/companies/soc.md) | COM SHS | $44.5m | 1.6% | 14,448,741 |  | Added +1,000,000 |
| [OLD DOMINION FREIGHT LINE IN (ODFL)](/companies/odfl.md) | COM | $43.3m | 1.5% | 200,000 |  | Reduced −110,061 |
| [CENTURY ALUM CO (CENX)](/companies/cenx.md) | COM | $41.4m | 1.5% | 900,000 |  | Reduced −651,362 |
| [ASP ISOTOPES INC (ASPI)](/companies/aspi.md) | COM | $40.8m | 1.5% | 6,561,754 |  | Reduced −350,300 |
| [EAGLEROCK LD LLC (EROK)](/companies/erok.md) | CL A SHS REP LTD | $39.5m | 1.4% | 1,858,313 |  | New +1,858,313 |
| [CANADIAN NATL RY CO (CNI)](/companies/cni.md) | COM | $38.7m | 1.4% | 325,000 |  | New +325,000 |
| [SM ENERGY COMPANY (SM)](/companies/sm.md) | COM | $37.8m | 1.3% | 1,448,061 |  | Added +750,261 |
| [CACTUS INC (WHD)](/companies/whd.md) | CL A | $37.2m | 1.3% | 726,675 |  | Reduced −38,839 |
| [METHANEX CORP (MEOH)](/companies/meoh.md) | COM | $36.5m | 1.3% | 791,123 |  | New +791,123 |
| [KIRBY CORP (KEX)](/companies/kex.md) | COM | $36.1m | 1.3% | 265,609 |  | Reduced −204,002 |
| [NEXTPOWER INC (NXT)](/companies/nxt.md) | CLASS A COM | $33.4m | 1.2% | 280,000 |  | Reduced −204,262 |
| [MATSON INC (MATX)](/companies/matx.md) | COM | $32.8m | 1.2% | 170,724 |  | Reduced −29,110 |
| [EROCK INC (EROC)](/companies/eroc.md) | CL A COM | $27.6m | 1.0% | 1,900,000 |  | New +1,900,000 |
| NABORS INDUSTRIES LTD | SHS | $26.5m | 0.9% | 315,000 |  | New +315,000 |
| [PRECISION DRILLING CORP (PDS)](/companies/pds.md) | COM NEW | $25.6m | 0.9% | 333,371 |  | Reduced −17,818 |
| STAR BULK CARRIERS CORP. | SHS PAR | $24.0m | 0.9% | 962,500 |  | New +962,500 |
| [FORGENT POWER SOLUTIONS INC (FPS)](/companies/fps.md) | COM SHS CL A | $23.7m | 0.8% | 424,476 |  | Reduced −1,501,223 |
| [NORTHERN OIL & GAS INC (NOG)](/companies/nog.md) | COM | $22.7m | 0.8% | 1,250,000 |  | New +1,250,000 |
| [TALOS ENERGY INC (TALO)](/companies/talo.md) | COM | $22.6m | 0.8% | 1,747,661 |  | New +1,747,661 |
| [FLOWCO HLDGS INC (FLOC)](/companies/floc.md) | COM CL A | $21.8m | 0.8% | 1,020,634 |  | Reduced −254,410 |
| [TETRA TECHNOLOGIES INC DEL (TTI)](/companies/tti.md) | COM | $21.5m | 0.8% | 1,900,000 |  | Reduced −1,301,953 |
| [PHILLIPS 66 (PSX)](/companies/psx.md) | COM | $21.1m | 0.8% | 124,833 |  | Reduced −179,867 |
| [LANDSTAR SYS INC (LSTR)](/companies/lstr.md) | COM | $20.7m | 0.7% | 100,000 |  | New +100,000 |
| [WABTEC (WAB)](/companies/wab.md) | COM | $20.2m | 0.7% | 75,000 |  | New +75,000 |
| [RANGER ENERGY SVCS INC (RNGR)](/companies/rngr.md) | COM CL A | $19.7m | 0.7% | 1,227,978 |  | Reduced −279,525 |
| [FERVO ENERGY CO (FRVO)](/companies/frvo.md) | CL A COM | $18.3m | 0.6% | 625,070 |  | New +625,070 |
| INNIO NV | ORDINARY SHARES | $18.2m | 0.6% | 460,000 |  | New +460,000 |
| [RXO INC (RXO)](/companies/rxo.md) | COMMON STOCK | $16.9m | 0.6% | 610,755 |  | New +610,755 |
| [QUANTA SVCS INC (PWR)](/companies/pwr.md) | COM | $14.4m | 0.5% | 20,000 |  | Reduced −40,000 |
| OKEANIS ECO TANKERS COR | SHS | $11.1m | 0.4% | 222,197 |  | Reduced −155,235 |
| [DEVON ENERGY CORP NEW (DVN)](/companies/dvn.md) | COM | $10.9m | 0.4% | 264,101 |  | Reduced −253,499 |
| CMB.TECH NV | SHS | $4.7m | 0.2% | 334,456 |  | Reduced −3,165,544 |
| NAVIGATOR HLDGS LTD | SHS | $3.7m | 0.1% | 200,000 |  | Reduced −834,216 |
| [BIMERGEN ENERGY CORP (BESS)](/companies/bess.md) | COM NEW | $2.8m | 0.1% | 700,000 |  | Unchanged |
| BIMERGEN ENERGY CORP | \*W EXP 12/12/203 | $1.9m | <0.1% | 1,000,000 |  | Unchanged |
| T1 ENERGY INC | \*W EXP 07/09/202 | $67.5k | <0.1% | 355,465 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [ALAMOS GOLD INC (AGI)](/companies/agi.md) | COM CL A | $0 | 0.0% | 0 |  | Sold out −300,065 |
| [ALCOA CORP (AA)](/companies/aa.md) | COM | $0 | 0.0% | 0 |  | Sold out −605,149 |
| [ALMONTY INDS INC (ALM)](/companies/alm.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −4,300,839 |
| [BAYTEX ENERGY CORP (BTE)](/companies/bte.md) | COM | $0 | 0.0% | 0 |  | Sold out −20,071,614 |
| [BRISTOW GROUP INC (VTOL)](/companies/vtol.md) | COM | $0 | 0.0% | 0 |  | Sold out −587,364 |
| [CF INDUSTRIES HOLD (CF)](/companies/cf.md) | COM | $0 | 0.0% | 0 | Put | Sold out −265,400 |
| [CHENIERE ENERGY INC (LNG)](/companies/lng.md) | COM NEW | $0 | 0.0% | 0 | Put | Sold out −1,556,100 |
| [CONSTELLATION ENERGY CORP (CEG)](/companies/ceg.md) | COM | $0 | 0.0% | 0 |  | Sold out −200,000 |
| [CSX CORP (CSX)](/companies/csx.md) | COM | $0 | 0.0% | 0 |  | Sold out −785,800 |
| [DARLING INGREDIENTS INC (DAR)](/companies/dar.md) | COM | $0 | 0.0% | 0 |  | Sold out −400,000 |
| [ENPHASE ENERGY INC (ENPH)](/companies/enph.md) | COM | $0 | 0.0% | 0 |  | Sold out −720,288 |
| [KNIGHT-SWIFT TRANSN HLDGS IN (KNX)](/companies/knx.md) | CL A | $0 | 0.0% | 0 |  | Sold out −500,000 |
| LINDE PLC | SHS | $0 | 0.0% | 0 |  | Sold out −50,000 |
| LYONDELLBASELL INDUSTRIES NV | SHS - A - | $0 | 0.0% | 0 | Put | Sold out −1,274,000 |
| [MURPHY USA INC (MUSA)](/companies/musa.md) | COM | $0 | 0.0% | 0 |  | Sold out −90,000 |
| [NUCOR CORP (NUE)](/companies/nue.md) | COM | $0 | 0.0% | 0 |  | Sold out −175,000 |
| [PAR PAC HOLDINGS INC (PARR)](/companies/parr.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −460,393 |
| [PERMIAN RESOURCES CORP (PR)](/companies/pr.md) | CLASS A COM | $0 | 0.0% | 0 |  | Sold out −1,597,811 |
| RICE ACQUISITION CORP 3 | UNIT 99/99/9999 | $0 | 0.0% | 0 |  | Sold out −1,935,615 |
| SCORPIO TANKERS INC | SHS | $0 | 0.0% | 0 |  | Sold out −200,000 |
| [SELECT WATER SOLUTIONS INC (WTTR)](/companies/wttr.md) | CL A COM | $0 | 0.0% | 0 |  | Sold out −3,085,249 |
| [SOLV ENERGY INC (MWH)](/companies/mwh.md) | COM SHS CL A | $0 | 0.0% | 0 |  | Sold out −1,000,400 |
| [SOUTHERN COPPER CORP (SCCO)](/companies/scco.md) | COM | $0 | 0.0% | 0 | Put | Sold out −308,100 |
| SPDR SERIES TRUST | STATE STREET SPD | $0 | 0.0% | 0 | Put | Sold out −1,390,000 |
| [STEEL DYNAMICS INC (STLD)](/companies/stld.md) | COM | $0 | 0.0% | 0 |  | Sold out −100,043 |
| [TAMBORAN RES CORP (TBN)](/companies/tbn.md) | COM | $0 | 0.0% | 0 |  | Sold out −713,698 |
| [URANIUM ENERGY CORP (UEC)](/companies/uec.md) | COM | $0 | 0.0% | 0 |  | Sold out −3,000,000 |
| [USA RARE EARTH INC (USAR)](/companies/usar.md) | COM | $0 | 0.0% | 0 |  | Sold out −465,000 |
| [VIPER ENERGY INC (VNOM)](/companies/vnom.md) | CL A | $0 | 0.0% | 0 |  | Sold out −464,604 |

Source: SEC EDGAR, Form 13F-HR, accession 0001172661-26-003734. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.