Pickering Energy Partners LP

Name: PICKERING ENERGY PARTNERS LP 13F holdings, Q1 2025
Creator: PICKERING ENERGY PARTNERS LP
Published: 2025-05-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Pickering Energy Partners LP reported 13 stock positions worth $6.8 million. Its top holding was Venture Global Class A (VG) at 13.6% of the portfolio, followed by Sable Offshore (SOC, 11.2%) and Expand Energy (EXE, 10.3%). Compared with Q4 2024, it opened 7 new positions, sold out of 13, added to 3 and reduced 3. The biggest buy was a new position in Venture Global Class A (VG) and the biggest sale an exit from SS SPDR S&P Og Exp & Prod (XOP).

Most Recent 13F: Q2 2026
Location: HOUSTON, TX
CIK: 0001979670
Portfolio Value: $6.8M (Q1 2025)
SEC Filing: 0001420506-25-001161 ↗ filed May 15, 2025

Holdings Value

Holdings 13 stocks · $6.8M


VG Venture Global Inc. Class A	13.61%	90,000	$927K	New
SOC Sable Offshore Corp.	11.17%	30,000	$761K	Add +66.7%
EXE Expand Energy Corp.	10.29%	6,300	$701K	New
EQT Eqt Corp.	10.27%	13,100	$700K	Add +36.5%
BTU Peabody Energy Corp.	8.15%	41,000	$556K	New
FANG Diamondback Energy Inc.	7.63%	3,250	$520K	Reduce -50.0%
CNR Core Natural Resources Inc.	7.36%	6,500	$501K	New
VST Vistra Corp.	6.24%	3,620	$425K	New
VTLE Vital Energy Inc.	6.23%	20,000	$424K	Add +33.3%
CEG Constellation Energy	6.01%	2,030	$409K	New
VLO Valero Energy Corp.	5.82%	3,000	$396K	New
CRGY Crescent Energy Inc. Class A	5.61%	34,000	$382K	Reduce -22.7%
NESR National Energy Services Reu	1.62%	15,000	$110K	Reduce -62.5%

Portfolio Sells Q4 2024 → Q1 2025


XOP SS SPDR S&P Og Exp & Prod	Sold out	0.00%	−18.76
PR Permian Resources Corp. Class A	Sold out	0.00%	−12.23
CRK Comstock Resources Inc.	Sold out	0.00%	−9.94
FANG Diamondback Energy Inc.	Reduce -50.0%	7.63%	−7.47
HOS Hornbeck Offshore Services I	Sold out	0.00%	−3.96
CRGY Crescent Energy Inc. Class A	Reduce -22.7%	5.61%	−3.50
NESR National Energy Services Reu	Reduce -62.5%	1.62%	−3.46
NPWR Net Power Inc.	Sold out	0.00%	−3.15
RUN Sunrun Inc.	Sold out	0.00%	−2.90
GEV GE Vernova Inc.	Sold out	0.00%	−0.51
ALB Albemarle Corp.	Sold out	0.00%	−0.37
FET Forum Energy Technologies Inc.	Sold out	0.00%	−0.11
GUSH Direxion Daily S&P Oil & Gas	Sold out	0.00%	−0.05
NOVAQ Sunnova Energy International	Sold out	0.00%	−0.01
IE Ivanhoe Electric Inc. / US	Sold out	0.00%	−0.01
ZEO Zeo Energy Corp.	Sold out	0.00%	−0.00

Portfolio Buys Q4 2024 → Q1 2025


VG Venture Global Inc. Class A	New	13.61%	+13.61
EXE Expand Energy Corp.	New	10.29%	+10.29
BTU Peabody Energy Corp.	New	8.15%	+8.15
CNR Core Natural Resources Inc.	New	7.36%	+7.36
VST Vistra Corp.	New	6.24%	+6.24
CEG Constellation Energy	New	6.01%	+6.01
VLO Valero Energy Corp.	New	5.82%	+5.82
SOC Sable Offshore Corp.	Add +66.7%	11.17%	+5.33
EQT Eqt Corp.	Add +36.5%	10.27%	+4.00
VTLE Vital Energy Inc.	Add +33.3%	6.23%	−0.35

Notes & Other Activity Q4 2024 → Q1 2025


NPWR.WS Rice Acquisition Corp. II-CW	*W EXP 06/08/202	Sold out	14,500	$52Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	12	$36.0M	CRGY, VIST, SOC, SM, XOP
Q1 2026Amended	19	$49.0M	CRGY, SOC, TGS, XOP, SM
Q4 2025	10	$25.6M	CRGY, EXE, EQT, SOC, AR
Q3 2025	9	$4.6M	EQT, EXE, SOC, VST, CEG
Q2 2025	7	$4.1M	VST, CEG, EQT, EXE, SOC
Q1 2025	13	$6.8M	VG, SOC, EXE, EQT, BTU
Q4 2024	19	$7.1M	XOP, FANG, PR, CRK, CRGY
Q3 2024	18	$5.3M	FANG, PR, VTLE, NOVAQ, EQT
Q2 2024	27	$91.0M	VTLE, PR, FANG, GUSH, TALO
Q1 2024	25	$9.0M	PR, FANG, TALO, GUSH, NOVAQ