Encompass Capital Advisors LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Encompass Capital Advisors LLC reported 57 stock positions worth $1.8 billion. Its top holding was Kirby (KEX) at 5.7% of the portfolio, followed by New Fortress Energy (NFE, 5.7%) and SLB (SLB, 5.0%). Compared with Q1 2024, it opened 21 new positions, sold out of 20, added to 18 and reduced 15. The biggest buy was a new position in Petroleo Brasileiro-Spon ADR (PBR) and the biggest sale an exit from Suncor Energy (SU).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001541901
- Portfolio Value
- $1.8B (Q2 2024)
- SEC Filing
- 0001172661-24-003536 ↗ filed Aug 14, 2024
Holdings Value
Holdings 57 stocks · $1.8B
| KEX Kirby Corp. | 5.74% | 887,384 | $106.2M | Add +33.9% |
| NFE New Fortress Energy Inc. | 5.70% | 4,797,308 | $105.4M | Add +9.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 5.01% | 1,962,567 | $92.6M | Add +26.7% |
| TDW Tidewater Inc. | 3.96% | 770,063 | $73.3M | Reduce -22.0% |
| PBR Petroleo Brasileiro-Spon ADR | 3.96% | 5,050,000 | $73.2M | New |
| COP Conocophillips | 3.25% | 525,000 | $60.0M | New |
| GEV GE Vernova Inc. | 3.11% | 335,000 | $57.5M | Reduce -9.9% |
| CIVI Civitas Resources Inc. | 3.07% | 824,111 | $56.9M | Add +106.0% |
| SBLK Star Bulk Carriers Corp. | 2.71% | 2,052,262 | $50.0M | Add +27.5% |
| OKLO Oklo Inc. | 2.62% | 5,716,241 | $48.4M | Add +101.7% |
| MATX Matson Inc. | 2.52% | 356,416 | $46.7M | Add +52.1% |
| VIST Vista Energy Sab DE CV | 2.52% | 1,023,782 | $46.6M | Add +41.9% |
| ASPN Aspen Aerogels Inc. | 2.51% | 1,950,000 | $46.5M | Reduce -10.6% |
| PDS Precision Drilling Corp. | 2.45% | 644,713 | $45.3M | Reduce -4.4% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 2.26% | 890,962 | $41.8M | Add +98.0% |
| VRN Veren Inc. | 2.21% | 5,188,149 | $40.9M | Reduce -13.5% |
| TRN Trinity Industries Inc. | 2.19% | 1,354,498 | $40.5M | New |
| AA Alcoa Corp. | 2.06% | 960,000 | $38.2M | Reduce -54.0% |
| CRK Comstock Resources Inc. | 1.96% | 3,490,000 | $36.2M | Reduce -8.1% |
| B Barrick Gold Corp. | 1.80% | 2,000,000 | $33.4M | No change |
| ITRI Itron Inc. | 1.79% | 335,054 | $33.2M | Reduce -22.2% |
| FLNC Fluence Energy Inc. | 1.79% | 1,908,795 | $33.1M | Reduce -33.1% |
| HBM Hudbay Minerals Inc. | 1.69% | 3,465,200 | $31.3M | Reduce -44.5% |
| GFR Greenfire Resources Ltd. | 1.60% | 4,374,312 | $29.5M | Add +21.4% |
| FSLR First Solar Inc. | 1.53% | 125,464 | $28.3M | New |
| VST Vistra Corp. | 1.39% | 300,000 | $25.8M | New |
| CDLR Cadeler A/S-ADR | 1.37% | 1,015,310 | $25.4M | Add +1.2% |
| PWR Quanta Services Inc. | 1.37% | 100,000 | $25.4M | No change |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 1.37% | 2,124,306 | $25.4M | Add +2.4% |
| NVGS Navigator Holdings Ltd. | 1.27% | 1,350,000 | $23.6M | New |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 1.27% | 1,168,919 | $23.5M | Add +16.9% |
| CENX Century Aluminum Company | 1.27% | 1,401,638 | $23.5M | Add +1208.7% |
| SHLS Shoals Technologies Group -A | 1.26% | 3,748,457 | $23.4M | Reduce -23.5% |
| NEXT Nextdecade Corp. | 1.26% | 2,925,846 | $23.2M | New |
| TE T1 Energy Inc. filed as FREYR BATTERY INC | 1.24% | 13,463,268 | $22.9M | No change |
| DK Delek US Holdings Inc. | 1.23% | 922,153 | $22.8M | New |
| NPWR Net Power Inc. | 1.11% | 2,089,229 | $20.5M | New |
| GBX Greenbrier Companies Inc. | 1.07% | 400,000 | $19.8M | New |
| HL Hecla Mining Co. | 1.07% | 4,064,844 | $19.7M | New |
| TALO Talos Energy Inc. | 1.02% | 1,550,000 | $18.8M | New |
| HASI Ha Sustainable Infrastructur filed as HANNON ARMSTRONG SUST INFR C | 1.01% | 633,736 | $18.8M | New |
| AMPS Altus Power Inc. | 0.98% | 4,628,613 | $18.1M | Add +1.2% |
| CMC Commercial Metals Co. | 0.97% | 325,000 | $17.9M | Reduce -22.1% |
| HAL Halliburton Co. | 0.89% | 486,416 | $16.4M | Reduce -30.5% |
| RNGR Ranger Energy Services Class A | 0.88% | 1,550,241 | $16.3M | Add +2.4% |
| ZIM Zim Integrated Shipping Serv | 0.78% | 648,754 | $14.4M | New |
| PUMP Propetro Holding Corp. | 0.72% | 1,526,485 | $13.2M | Add +2.4% |
| MT Arcelormittal-NY Registered | 0.69% | 552,953 | $12.7M | New |
| SNDR Schneider National Inc. Class B | 0.67% | 512,240 | $12.4M | New |
| CP Canadian Pacific Kansas City | 0.64% | 150,000 | $11.8M | New |
| SEI Solaris Energy Infrastructur | 0.57% | 1,222,398 | $10.5M | New |
| KNX Knight-Swift Transportation | 0.57% | 210,000 | $10.5M | New |
| KGS Kodiak Gas Services Inc. | 0.55% | 374,862 | $10.2M | Reduce -27.3% |
| CEG Constellation Energy | 0.54% | 50,000 | $10.0M | New |
| MYRG MYR Group Inc./Delaware | 0.35% | 48,187 | $6.5M | Add +1.2% |
| OPAL Opal Fuels Inc. Class A | 0.33% | 1,506,795 | $6.2M | Reduce -32.9% |
| TBN Tamboran Resources Corp. | 0.25% | 208,333 | $4.7M | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $53K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| T1 ENERGY INC | *W EXP 07/09/202 | 355,465 | $53K | No change |
Total filed on the 13F, all lines: $1.8B.
Portfolio Sells Q1 2024 → Q2 2024
| SU Suncor Energy Inc. | Sold out | 0.00% | −7.17 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −2.86 |
| AA Alcoa Corp. | Reduce -54.0% | 2.06% | −1.76 |
| SHLS Shoals Technologies Group -A | Reduce -23.5% | 1.26% | −1.71 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −1.67 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −1.65 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −1.65 |
| FRO Frontline PLC | Sold out | 0.00% | −1.62 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −1.53 |
| AESI Atlas Energy Solutions Inc. | Sold out | 0.00% | −1.51 |
| CSX CSX Corp. | Sold out | 0.00% | −1.41 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −1.12 |
| TDW Tidewater Inc. | Reduce -22.0% | 3.96% | −0.97 |
| FLNC Fluence Energy Inc. | Reduce -33.1% | 1.79% | −0.90 |
| GOLDEN OCEAN GROUP LTD | Sold out | 0.00% | −0.85 |
| DHT DHT Holdings Inc. | Sold out | 0.00% | −0.79 |
| HBM Hudbay Minerals Inc. | Reduce -44.5% | 1.69% | −0.68 |
| TS Tenaris SA-ADR | Sold out | 0.00% | −0.64 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.64 |
| HAL Halliburton Co. | Reduce -30.5% | 0.89% | −0.61 |
| AMTX Aemetis Inc. | Sold out | 0.00% | −0.56 |
| TELL Tellurian Inc. | Sold out | 0.00% | −0.54 |
| ACDC Profrac Holding Corp. Class A | Sold out | 0.00% | −0.48 |
| VRN Veren Inc. | Reduce -13.5% | 2.21% | −0.45 |
| CSTM Constellium SE | Sold out | 0.00% | −0.40 |
| ITRI Itron Inc. | Reduce -22.2% | 1.79% | −0.37 |
| CMC Commercial Metals Co. | Reduce -22.1% | 0.97% | −0.36 |
| OPAL Opal Fuels Inc. Class A | Reduce -32.9% | 0.33% | −0.28 |
| GNK Genco Shipping & Trading Ltd. | Sold out | 0.00% | −0.28 |
| KGS Kodiak Gas Services Inc. | Reduce -27.3% | 0.55% | −0.21 |
| KOS Kosmos Energy Ltd. | Sold out | 0.00% | −0.18 |
| PDS Precision Drilling Corp. | Reduce -4.4% | 2.45% | −0.01 |
| CRK Comstock Resources Inc. | Reduce -8.1% | 1.96% | +0.05 |
| GEV GE Vernova Inc. | Reduce -9.9% | 3.11% | +0.35 |
| ASPN Aspen Aerogels Inc. | Reduce -10.6% | 2.51% | +0.43 |
Portfolio Buys Q1 2024 → Q2 2024
| PBR Petroleo Brasileiro-Spon ADR | New | 3.96% | +3.96 |
| COP Conocophillips | New | 3.25% | +3.25 |
| KEX Kirby Corp. | Add +33.9% | 5.74% | +2.32 |
| TRN Trinity Industries Inc. | New | 2.19% | +2.19 |
| FSLR First Solar Inc. | New | 1.53% | +1.53 |
| CIVI Civitas Resources Inc. | Add +106.0% | 3.07% | +1.43 |
| VST Vistra Corp. | New | 1.39% | +1.39 |
| NVGS Navigator Holdings Ltd. | New | 1.27% | +1.27 |
| NEXT Nextdecade Corp. | New | 1.26% | +1.26 |
| DK Delek US Holdings Inc. | New | 1.23% | +1.23 |
| CENX Century Aluminum Company | Add +1208.7% | 1.27% | +1.18 |
| NPWR Net Power Inc. | New | 1.11% | +1.11 |
| MATX Matson Inc. | Add +52.1% | 2.52% | +1.09 |
| GBX Greenbrier Companies Inc. | New | 1.07% | +1.07 |
| HL Hecla Mining Co. | New | 1.07% | +1.07 |
| TALO Talos Energy Inc. | New | 1.02% | +1.02 |
| HASI Ha Sustainable Infrastructur | New | 1.01% | +1.01 |
| VIST Vista Energy Sab DE CV | Add +41.9% | 2.52% | +0.90 |
| NXT Nextpower Inc. | Add +98.0% | 2.26% | +0.88 |
| OKLO Oklo Inc. | Add +101.7% | 2.62% | +0.86 |
| ZIM Zim Integrated Shipping Serv | New | 0.78% | +0.78 |
| MT Arcelormittal-NY Registered | New | 0.69% | +0.69 |
| SNDR Schneider National Inc. Class B | New | 0.67% | +0.67 |
| CP Canadian Pacific Kansas City | New | 0.64% | +0.64 |
| SBLK Star Bulk Carriers Corp. | Add +27.5% | 2.71% | +0.62 |
| SEI Solaris Energy Infrastructur | New | 0.57% | +0.57 |
| KNX Knight-Swift Transportation | New | 0.57% | +0.57 |
| CEG Constellation Energy | New | 0.54% | +0.54 |
| GFR Greenfire Resources Ltd. | Add +21.4% | 1.60% | +0.43 |
| SLB SLB Ltd. | Add +26.7% | 5.01% | +0.40 |
| CDLR Cadeler A/S-ADR | Add +1.2% | 1.37% | +0.39 |
| TBN Tamboran Resources Corp. | New | 0.25% | +0.25 |
| YPF YPF S.A.-Sponsored ADR | Add +16.9% | 1.27% | +0.20 |
| HOS Hornbeck Offshore Services I | Add +2.4% | 1.37% | +0.15 |
| PUMP Propetro Holding Corp. | Add +2.4% | 0.72% | +0.06 |
| RNGR Ranger Energy Services Class A | Add +2.4% | 0.88% | −0.05 |
| MYRG MYR Group Inc./Delaware | Add +1.2% | 0.35% | −0.10 |
| AMPS Altus Power Inc. | Add +1.2% | 0.98% | −0.21 |
| NFE New Fortress Energy Inc. | Add +9.0% | 5.70% | −1.60 |
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 |