Encompass Capital Advisors LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Encompass Capital Advisors LLC reported 56 stock positions worth $1.8 billion. Its top holding was New Fortress Energy (NFE) at 7.3% of the portfolio, followed by Suncor Energy (SU, 7.2%) and Tidewater (TDW, 4.9%). Compared with Q4 2023, it opened 17 new positions, sold out of 17, added to 16 and reduced 21. The biggest buy was a new position in SLB (SLB) and the biggest sale Vale SA-SP ADR (VALE, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001541901
- Portfolio Value
- $1.8B (Q1 2024)
- SEC Filing
- 0001172661-24-002496 ↗ filed May 15, 2024
Holdings Value
Holdings 56 stocks · $1.8B
| NFE New Fortress Energy Inc. | 7.31% | 4,401,568 | $134.6M | Add +18.7% |
| SU Suncor Energy Inc. | 7.17% | 3,579,225 | $132.1M | Add +161.8% |
| TDW Tidewater Inc. | 4.93% | 987,752 | $90.9M | Reduce -15.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 4.61% | 1,548,988 | $84.9M | New |
| AA Alcoa Corp. | 3.83% | 2,086,878 | $70.5M | Add +158.9% |
| KEX Kirby Corp. | 3.43% | 662,582 | $63.2M | Reduce -1.4% |
| SHLS Shoals Technologies Group -A | 2.97% | 4,902,132 | $54.8M | Reduce -27.9% |
| EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP | 2.86% | 593,623 | $52.7M | Reduce -11.4% |
| GEV GE Vernova Inc. | 2.76% | 372,034 | $50.9M | New |
| FLNC Fluence Energy Inc. | 2.69% | 2,854,015 | $49.5M | Add +99.5% |
| CRESCENT PT ENERGY CORP | 2.66% | 5,996,094 | $49.1M | Add +167.1% |
| PDS Precision Drilling Corp. | 2.46% | 674,630 | $45.4M | Reduce -0.1% |
| HBM Hudbay Minerals Inc. | 2.37% | 6,249,339 | $43.8M | Add +33.8% |
| ITRI Itron Inc. | 2.16% | 430,528 | $39.8M | Add +30.4% |
| SBLK Star Bulk Carriers Corp. | 2.08% | 1,609,402 | $38.4M | Add +78.8% |
| ASPN Aspen Aerogels Inc. | 2.08% | 2,181,339 | $38.4M | Add +7.6% |
| CRK Comstock Resources Inc. | 1.91% | 3,799,408 | $35.3M | Add +8.4% |
| B Barrick Gold Corp. | 1.81% | 2,000,000 | $33.3M | New |
| OKLO Oklo Inc. filed as ALTC ACQUISITION CORP | 1.76% | 2,833,601 | $32.4M | No change |
| FANG Diamondback Energy Inc. | 1.67% | 155,000 | $30.7M | New |
| STNG Scorpio Tankers Inc. | 1.65% | 424,854 | $30.4M | Add +55.1% |
| CIVI Civitas Resources Inc. | 1.65% | 400,000 | $30.4M | Reduce -10.7% |
| SWN Southwestern Energy Co. | 1.65% | 4,000,000 | $30.3M | Reduce -58.1% |
| VIST Vista Energy Sab DE CV | 1.62% | 721,644 | $29.9M | New |
| FRO Frontline PLC | 1.62% | 1,273,741 | $29.8M | New |
| STLD Steel Dynamics Inc. | 1.53% | 190,000 | $28.2M | New |
| AESI Atlas Energy Solutions Inc. | 1.51% | 1,227,599 | $27.8M | Reduce -0.1% |
| HAL Halliburton Co. | 1.50% | 699,738 | $27.6M | New |
| MATX Matson Inc. | 1.43% | 234,399 | $26.3M | Add +26.8% |
| PWR Quanta Services Inc. | 1.41% | 100,000 | $26.0M | Reduce -49.8% |
| CSX CSX Corp. | 1.41% | 700,000 | $25.9M | New |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 1.37% | 450,000 | $25.3M | Reduce -54.4% |
| CMC Commercial Metals Co. | 1.33% | 417,260 | $24.5M | Add +19.2% |
| TE T1 Energy Inc. filed as FREYR BATTERY INC | 1.23% | 13,463,268 | $22.6M | No change |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 1.22% | 2,073,736 | $22.5M | Add +23.7% |
| AMPS Altus Power Inc. | 1.19% | 4,575,582 | $21.9M | Add +31.7% |
| GFR Greenfire Resources Ltd. | 1.17% | 3,602,556 | $21.5M | Add +17.8% |
| VALE Vale SA-SP ADR | 1.12% | 1,698,894 | $20.7M | Reduce -64.8% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 1.07% | 1,000,000 | $19.8M | New |
| CDLR Cadeler A/S-ADR | 0.99% | 1,003,672 | $18.2M | Reduce -9.1% |
| RNGR Ranger Energy Services Class A | 0.93% | 1,513,295 | $17.1M | Reduce -0.1% |
| GOLDEN OCEAN GROUP LTD | 0.85% | 1,203,754 | $15.6M | Reduce -30.8% |
| DHT DHT Holdings Inc. | 0.79% | 1,260,298 | $14.5M | New |
| KGS Kodiak Gas Services Inc. | 0.77% | 515,874 | $14.1M | Reduce -51.7% |
| PUMP Propetro Holding Corp. | 0.65% | 1,490,146 | $12.0M | Reduce -0.1% |
| TS Tenaris SA-ADR | 0.64% | 299,377 | $11.8M | Reduce -40.1% |
| FCX Freeport-McMoran Inc. | 0.64% | 250,000 | $11.8M | New |
| OPAL Opal Fuels Inc. Class A | 0.61% | 2,246,246 | $11.3M | Reduce -18.1% |
| AMTX Aemetis Inc. | 0.56% | 1,708,522 | $10.2M | Reduce -2.3% |
| TELL Tellurian Inc. | 0.54% | 14,994,834 | $9.9M | New |
| ACDC Profrac Holding Corp. Class A | 0.48% | 1,061,737 | $8.9M | Reduce -66.7% |
| MYRG MYR Group Inc./Delaware | 0.46% | 47,633 | $8.4M | New |
| CSTM Constellium SE | 0.40% | 334,106 | $7.4M | New |
| GNK Genco Shipping & Trading Ltd. | 0.28% | 250,000 | $5.1M | New |
| KOS Kosmos Energy Ltd. | 0.18% | 550,000 | $3.3M | Reduce -92.6% |
| CENX Century Aluminum Company | 0.09% | 107,100 | $1.6M | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $64K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| T1 ENERGY INC | *W EXP 07/09/202 | 355,465 | $64K | No change |
Total filed on the 13F, all lines: $1.8B.
Portfolio Sells Q4 2023 → Q1 2024
| VALE Vale SA-SP ADR | Reduce -64.8% | 1.12% | −3.35 |
| SHLS Shoals Technologies Group -A | Reduce -27.9% | 2.97% | −3.21 |
| KOS Kosmos Energy Ltd. | Reduce -92.6% | 0.18% | −2.75 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −2.49 |
| BKR Baker Hughes Co. | Sold out | 0.00% | −2.45 |
| ERF Enerplus Corp. | Sold out | 0.00% | −2.04 |
| SWN Southwestern Energy Co. | Reduce -58.1% | 1.65% | −2.01 |
| CVX Chevron Corp. | Sold out | 0.00% | −1.51 |
| ARCH Arch Resources Inc. | Sold out | 0.00% | −1.35 |
| NXT Nextpower Inc. | Reduce -54.4% | 1.37% | −1.33 |
| ZIM Zim Integrated Shipping Serv | Sold out | 0.00% | −1.20 |
| PWR Quanta Services Inc. | Reduce -49.8% | 1.41% | −1.10 |
| ACDC Profrac Holding Corp. Class A | Reduce -66.7% | 0.48% | −1.10 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −1.09 |
| VET Vermilion Energy Inc. | Sold out | 0.00% | −1.06 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.90 |
| DINO HF Sinclair Corp. | Sold out | 0.00% | −0.88 |
| NXE Nexgen Energy Ltd. | Sold out | 0.00% | −0.82 |
| DAR Darling Ingredients Inc. | Sold out | 0.00% | −0.73 |
| TNK Teekay Tankers Ltd. Class A | Sold out | 0.00% | −0.73 |
| STR Sitio Royalties Corp. Class A | Sold out | 0.00% | −0.66 |
| UEC Uranium Energy Corp. | Sold out | 0.00% | −0.63 |
| PCT Purecycle Technologies Inc. | Sold out | 0.00% | −0.60 |
| KGS Kodiak Gas Services Inc. | Reduce -51.7% | 0.77% | −0.49 |
| NOVAQ Sunnova Energy International | Sold out | 0.00% | −0.41 |
| TS Tenaris SA-ADR | Reduce -40.1% | 0.64% | −0.38 |
| OPAL Opal Fuels Inc. Class A | Reduce -18.1% | 0.61% | −0.27 |
| CDLR Cadeler A/S-ADR | Reduce -9.1% | 0.99% | −0.20 |
| EXE Expand Energy Corp. | Reduce -11.4% | 2.86% | −0.15 |
| GOLDEN OCEAN GROUP LTD | Reduce -30.8% | 0.85% | −0.15 |
| CIVI Civitas Resources Inc. | Reduce -10.7% | 1.65% | −0.14 |
| PUMP Propetro Holding Corp. | Reduce -0.1% | 0.65% | −0.08 |
| TDW Tidewater Inc. | Reduce -15.9% | 4.93% | −0.02 |
| AMTX Aemetis Inc. | Reduce -2.3% | 0.56% | +0.02 |
| RNGR Ranger Energy Services Class A | Reduce -0.1% | 0.93% | +0.02 |
| AESI Atlas Energy Solutions Inc. | Reduce -0.1% | 1.51% | +0.27 |
| PDS Precision Drilling Corp. | Reduce -0.1% | 2.46% | +0.32 |
| KEX Kirby Corp. | Reduce -1.4% | 3.43% | +0.34 |
Portfolio Buys Q4 2023 → Q1 2024
| SLB SLB Ltd. | New | 4.61% | +4.61 |
| SU Suncor Energy Inc. | Add +161.8% | 7.17% | +4.61 |
| GEV GE Vernova Inc. | New | 2.76% | +2.76 |
| AA Alcoa Corp. | Add +158.9% | 3.83% | +2.22 |
| B Barrick Gold Corp. | New | 1.81% | +1.81 |
| CRESCENT PT ENERGY CORP | Add +167.1% | 2.66% | +1.75 |
| FANG Diamondback Energy Inc. | New | 1.67% | +1.67 |
| VIST Vista Energy Sab DE CV | New | 1.62% | +1.62 |
| FRO Frontline PLC | New | 1.62% | +1.62 |
| STLD Steel Dynamics Inc. | New | 1.53% | +1.53 |
| HAL Halliburton Co. | New | 1.50% | +1.50 |
| CSX CSX Corp. | New | 1.41% | +1.41 |
| YPF YPF S.A.-Sponsored ADR | New | 1.07% | +1.07 |
| SBLK Star Bulk Carriers Corp. | Add +78.8% | 2.08% | +0.97 |
| HBM Hudbay Minerals Inc. | Add +33.8% | 2.37% | +0.87 |
| DHT DHT Holdings Inc. | New | 0.79% | +0.79 |
| ITRI Itron Inc. | Add +30.4% | 2.16% | +0.70 |
| FLNC Fluence Energy Inc. | Add +99.5% | 2.69% | +0.69 |
| STNG Scorpio Tankers Inc. | Add +55.1% | 1.65% | +0.68 |
| FCX Freeport-McMoran Inc. | New | 0.64% | +0.64 |
| TELL Tellurian Inc. | New | 0.54% | +0.54 |
| MYRG MYR Group Inc./Delaware | New | 0.46% | +0.46 |
| CSTM Constellium SE | New | 0.40% | +0.40 |
| CMC Commercial Metals Co. | Add +19.2% | 1.33% | +0.31 |
| GFR Greenfire Resources Ltd. | Add +17.8% | 1.17% | +0.30 |
| GNK Genco Shipping & Trading Ltd. | New | 0.28% | +0.28 |
| MATX Matson Inc. | Add +26.8% | 1.43% | +0.24 |
| ASPN Aspen Aerogels Inc. | Add +7.6% | 2.08% | +0.21 |
| HOS Hornbeck Offshore Services I | Add +23.7% | 1.22% | +0.21 |
| CRK Comstock Resources Inc. | Add +8.4% | 1.91% | +0.10 |
| CENX Century Aluminum Company | New | 0.09% | +0.09 |
| AMPS Altus Power Inc. | Add +31.7% | 1.19% | −0.20 |
| NFE New Fortress Energy Inc. | Add +18.7% | 7.31% | −0.87 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 51 | $2.3B | TE, SEI, AESI, NESR, CSTM |
| Q1 2026 | 54 | $2.5B | SOC, TE, AESI, SEI, NESR |
| Q4 2025 | 47 | $2.1B | TE, SOC, SEI, FANG, NESR |
| Q3 2025 | 53 | $2.2B | SOC, SEI, KEX, NESR, FSLR |
| Q2 2025 | 60 | $2.5B | NXT, KEX, SOC, FLR, SEI |
| Q1 2025 | 65 | $2.6B | NXT, EXE, KEX, GLNG, FSLR |
| Q4 2024 | 58 | $2.3B | EXE, NFE, TDW, NESR, KEX |
| Q3 2024 | 55 | $2.1B | KEX, TDW, CEG, PBR, AA |
| Q2 2024 | 57 | $1.8B | KEX, NFE, SLB, TDW, PBR |
| Q1 2024 | 56 | $1.8B | NFE, SU, TDW, SLB, AA |