SIR Capital Management, L.P.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), SIR Capital Management, L.P. reported 68 stock positions worth $993.2 million. Its top holding was Kinder Morgan (KMI) at 5.1% of the portfolio, followed by Marathon Oil (MRO, 5.0%) and Enerplus (ERF, 4.7%). Compared with Q4 2023, it opened 20 new positions, sold out of 17, added to 24 and reduced 23. The biggest buy was a new position in Cenovus Energy (CVE) and the biggest sale an exit from Phillips 66 (PSX).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001434997
- Portfolio Value
- $993.2M (Q1 2024)
- SEC Filing
- 0001434997-24-000002 ↗ filed May 15, 2024
Holdings Value
Holdings 68 stocks · $993.2M
| KMI Kinder Morgan Inc. | 5.11% | 2,768,414 | $50.8M | Add +87.0% |
| MRO Marathon Oil Corp. | 5.03% | 1,762,171 | $49.9M | Reduce -18.7% |
| ERF Enerplus Corp. | 4.71% | 2,380,100 | $46.8M | Add +66.1% |
| BKR Baker Hughes Co. | 3.66% | 1,083,990 | $36.3M | Add +61.5% |
| CVE Cenovus Energy Inc. | 3.50% | 1,738,900 | $34.8M | New |
| CTRA Coterra Energy Inc. | 3.47% | 1,236,100 | $34.5M | New |
| TRGP Targa Resources Corp. | 2.88% | 255,059 | $28.6M | Reduce -46.6% |
| MPC Marathon Petroleum Corp. | 2.87% | 141,661 | $28.5M | New |
| ARRY Array Technologies Inc. | 2.71% | 1,802,431 | $26.9M | Reduce -12.8% |
| PR Permian Resources Corp. Class A | 2.66% | 1,496,870 | $26.4M | Reduce -16.6% |
| AR Antero Resources Corp. | 2.64% | 905,375 | $26.3M | New |
| ENLC Enlink Midstream LLC | 2.60% | 1,892,666 | $25.8M | Add +9.7% |
| LYB Lyondellbasell Indu Class A | 2.57% | 249,356 | $25.5M | New |
| OKE Oneok Inc. | 2.47% | 305,408 | $24.5M | New |
| SHLS Shoals Technologies Group -A | 2.43% | 2,162,045 | $24.2M | Reduce -3.3% |
| VNOM Viper Energy Inc. | 2.38% | 613,900 | $23.6M | New |
| CIVI Civitas Resources Inc. | 2.26% | 296,000 | $22.5M | New |
| PTEN Patterson-Uti Energy Inc. | 2.07% | 1,723,411 | $20.6M | Reduce -28.8% |
| RUN Sunrun Inc. | 2.06% | 1,555,876 | $20.5M | Add +1450.2% |
| PBA Pembina Pipeline Corp. | 2.03% | 570,900 | $20.2M | Add +38.7% |
| DK Delek US Holdings Inc. | 1.98% | 638,399 | $19.6M | Reduce -41.4% |
| GPOR Gulfport Energy Corp. | 1.89% | 117,049 | $18.7M | Reduce -25.9% |
| FLNC Fluence Energy Inc. | 1.82% | 1,042,271 | $18.1M | Add +566.0% |
| NOG Northern Oil and Gas Inc. | 1.76% | 439,984 | $17.5M | Reduce -36.4% |
| BTE Baytex Energy Corp. | 1.76% | 4,819,326 | $17.4M | Add +5.7% |
| AES AES Corp. | 1.58% | 872,722 | $15.6M | Add +47.1% |
| FSLR First Solar Inc. | 1.58% | 92,685 | $15.6M | New |
| DO Diamond Offshore Drilling Inc. | 1.41% | 1,029,617 | $14.0M | Add +15.8% |
| PBF PBF Energy Inc. Class A | 1.41% | 242,651 | $14.0M | New |
| SLCA US Silica Holdings Inc. | 1.36% | 1,092,427 | $13.6M | New |
| SGML Sigma Lithium Corp. | 1.30% | 998,763 | $12.9M | Add +166.3% |
| MTDR Matador Resources Co. | 1.29% | 191,900 | $12.8M | New |
| CRESCENT PT ENERGY CORP | 1.29% | 1,561,400 | $12.8M | Add +13.7% |
| NI Nisource Inc. | 1.13% | 404,500 | $11.2M | New |
| HAL Halliburton Co. | 1.08% | 273,200 | $10.8M | Add +132.9% |
| EE Excelerate Energy Inc. Class A | 1.06% | 655,642 | $10.5M | Add +1.8% |
| CC The Chemours Co. | 1.04% | 393,381 | $10.3M | Add +4.3% |
| MTZ Mastec Inc. | 1.01% | 107,088 | $10.0M | New |
| NOV Nov Inc. | 0.99% | 503,600 | $9.8M | Reduce -27.6% |
| ACDC Profrac Holding Corp. Class A | 0.99% | 1,175,596 | $9.8M | New |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.98% | 898,580 | $9.7M | Add +62.0% |
| NEXT Nextdecade Corp. | 0.95% | 1,662,309 | $9.4M | Add +73.9% |
| SM SM Energy Co. | 0.94% | 187,100 | $9.3M | Reduce -72.0% |
| GTLS Chart Industries Inc. | 0.92% | 55,716 | $9.2M | Reduce -19.6% |
| TXNM TXNM Energy Inc. filed as PNM RES INC | 0.80% | 211,700 | $8.0M | New |
| PDS Precision Drilling Corp. | 0.73% | 108,478 | $7.3M | Reduce -48.7% |
| NE Noble Corp. PLC | 0.69% | 140,600 | $6.8M | Add +82.3% |
| CLNE Clean Energy Fuels Corp. | 0.68% | 2,517,929 | $6.7M | Reduce -4.7% |
| SBOW Silverbow Resources Inc. | 0.66% | 192,700 | $6.6M | New |
| SHEL Shell PLC-ADR | 0.58% | 86,400 | $5.8M | Add +69.7% |
| TTI Tetra Technologies Inc. | 0.51% | 1,146,046 | $5.1M | Reduce -34.4% |
| BP BP PLC-Spons ADR | 0.47% | 122,600 | $4.6M | Add +38.5% |
| MUR Murphy Oil Corp. | 0.41% | 89,400 | $4.1M | Reduce -78.8% |
| XEL Xcel Energy Inc. | 0.39% | 71,500 | $3.8M | New |
| TTE Totalenergies SE -Spon ADR | 0.37% | 53,600 | $3.7M | Add +24.6% |
| HESM Hess Midstream LP Class A | 0.36% | 100,000 | $3.6M | No change |
| XPRO Expro Group Holdings NV | 0.29% | 142,773 | $2.9M | Reduce -40.7% |
| APD Air Products & Chemicals Inc. | 0.27% | 11,249 | $2.7M | Reduce -90.1% |
| HP Helmerich & Payne | 0.26% | 62,300 | $2.6M | New |
| CBT Cabot Corp. | 0.16% | 17,763 | $1.6M | Reduce -58.0% |
| LNG Cheniere Energy Inc. | 0.14% | 8,800 | $1.4M | Reduce -96.8% |
| EVGO Evgo Inc. | 0.14% | 541,800 | $1.4M | New |
| OPAL Opal Fuels Inc. Class A | 0.11% | 220,109 | $1.1M | Add +6.0% |
| STEM Stem Inc. | 0.08% | 369,700 | $810K | Add +1515.3% |
| EQT Eqt Corp. | 0.08% | 20,200 | $749K | Reduce -98.2% |
| MNTK Montauk Renewables Inc. | 0.07% | 170,528 | $709K | Add +92.6% |
| SDRL Seadrill Limited | 0.07% | 13,733 | $691K | Reduce -89.5% |
| BE Bloom Energy Corp. Class A | 0.05% | 48,400 | $544K | Reduce -86.9% |
Portfolio Sells Q4 2023 → Q1 2024
| PSX Phillips 66 | Sold out | 0.00% | −4.76 |
| LNG Cheniere Energy Inc. | Reduce -96.8% | 0.14% | −4.69 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −4.29 |
| EQT Eqt Corp. | Reduce -98.2% | 0.08% | −4.29 |
| APD Air Products & Chemicals Inc. | Reduce -90.1% | 0.27% | −2.91 |
| DINO HF Sinclair Corp. | Sold out | 0.00% | −2.25 |
| UGI Ugi Corp. | Sold out | 0.00% | −2.16 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −1.84 |
| SM SM Energy Co. | Reduce -72.0% | 0.94% | −1.71 |
| MUR Murphy Oil Corp. | Reduce -78.8% | 0.41% | −1.43 |
| TRGP Targa Resources Corp. | Reduce -46.6% | 2.88% | −1.37 |
| AM Antero Midstream Corp. | Sold out | 0.00% | −1.17 |
| SHLS Shoals Technologies Group -A | Reduce -3.3% | 2.43% | −1.12 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −1.00 |
| NXT Nextpower Inc. | Sold out | 0.00% | −0.93 |
| DK Delek US Holdings Inc. | Reduce -41.4% | 1.98% | −0.90 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.88 |
| NOG Northern Oil and Gas Inc. | Reduce -36.4% | 1.76% | −0.86 |
| ARRY Array Technologies Inc. | Reduce -12.8% | 2.71% | −0.85 |
| PLUG Plug Power Inc. | Sold out | 0.00% | −0.79 |
| VAL Valaris Ltd. | Sold out | 0.00% | −0.79 |
| PTEN Patterson-Uti Energy Inc. | Reduce -28.8% | 2.07% | −0.60 |
| SDRL Seadrill Limited | Reduce -89.5% | 0.07% | −0.56 |
| CRGY Crescent Energy Inc. Class A | Sold out | 0.00% | −0.56 |
| TS Tenaris SA-ADR | Sold out | 0.00% | −0.53 |
| BE Bloom Energy Corp. Class A | Reduce -86.9% | 0.05% | −0.50 |
| NOV Nov Inc. | Reduce -27.6% | 0.99% | −0.45 |
| PDS Precision Drilling Corp. | Reduce -48.7% | 0.73% | −0.44 |
| CLNE Clean Energy Fuels Corp. | Reduce -4.7% | 0.68% | −0.36 |
| MRO Marathon Oil Corp. | Reduce -18.7% | 5.03% | −0.33 |
| ARIS WATER SOLUTIONS INC-A | Sold out | 0.00% | −0.30 |
| BG Bunge Global SA | Sold out | 0.00% | −0.30 |
| TTI Tetra Technologies Inc. | Reduce -34.4% | 0.51% | −0.30 |
| PUMP Propetro Holding Corp. | Sold out | 0.00% | −0.29 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.27 |
| GPOR Gulfport Energy Corp. | Reduce -25.9% | 1.89% | −0.27 |
| CBT Cabot Corp. | Reduce -58.0% | 0.16% | −0.20 |
| XPRO Expro Group Holdings NV | Reduce -40.7% | 0.29% | −0.11 |
| GTLS Chart Industries Inc. | Reduce -19.6% | 0.92% | −0.04 |
| PR Permian Resources Corp. Class A | Reduce -16.6% | 2.66% | +0.16 |
Portfolio Buys Q4 2023 → Q1 2024
| CVE Cenovus Energy Inc. | New | 3.50% | +3.50 |
| CTRA Coterra Energy Inc. | New | 3.47% | +3.47 |
| MPC Marathon Petroleum Corp. | New | 2.87% | +2.87 |
| AR Antero Resources Corp. | New | 2.64% | +2.64 |
| LYB Lyondellbasell Indu Class A | New | 2.57% | +2.57 |
| OKE Oneok Inc. | New | 2.47% | +2.47 |
| ERF Enerplus Corp. | Add +66.1% | 4.71% | +2.46 |
| KMI Kinder Morgan Inc. | Add +87.0% | 5.11% | +2.44 |
| VNOM Viper Energy Inc. | New | 2.38% | +2.38 |
| CIVI Civitas Resources Inc. | New | 2.26% | +2.26 |
| RUN Sunrun Inc. | Add +1450.2% | 2.06% | +1.86 |
| FSLR First Solar Inc. | New | 1.58% | +1.58 |
| FLNC Fluence Energy Inc. | Add +566.0% | 1.82% | +1.44 |
| PBF PBF Energy Inc. Class A | New | 1.41% | +1.41 |
| SLCA US Silica Holdings Inc. | New | 1.36% | +1.36 |
| BKR Baker Hughes Co. | Add +61.5% | 3.66% | +1.31 |
| MTDR Matador Resources Co. | New | 1.29% | +1.29 |
| NI Nisource Inc. | New | 1.13% | +1.13 |
| MTZ Mastec Inc. | New | 1.01% | +1.01 |
| ACDC Profrac Holding Corp. Class A | New | 0.99% | +0.99 |
| TXNM TXNM Energy Inc. | New | 0.80% | +0.80 |
| SBOW Silverbow Resources Inc. | New | 0.66% | +0.66 |
| HAL Halliburton Co. | Add +132.9% | 1.08% | +0.65 |
| PBA Pembina Pipeline Corp. | Add +38.7% | 2.03% | +0.58 |
| NEXT Nextdecade Corp. | Add +73.9% | 0.95% | +0.48 |
| ENLC Enlink Midstream LLC | Add +9.7% | 2.60% | +0.45 |
| AES AES Corp. | Add +47.1% | 1.58% | +0.41 |
| HOS Hornbeck Offshore Services I | Add +62.0% | 0.98% | +0.40 |
| XEL Xcel Energy Inc. | New | 0.39% | +0.39 |
| CRESCENT PT ENERGY CORP | Add +13.7% | 1.29% | +0.31 |
| NE Noble Corp. PLC | Add +82.3% | 0.69% | +0.31 |
| HP Helmerich & Payne | New | 0.26% | +0.26 |
| SHEL Shell PLC-ADR | Add +69.7% | 0.58% | +0.24 |
| DO Diamond Offshore Drilling Inc. | Add +15.8% | 1.41% | +0.23 |
| BTE Baytex Energy Corp. | Add +5.7% | 1.76% | +0.21 |
| BP BP PLC-Spons ADR | Add +38.5% | 0.47% | +0.14 |
| EVGO Evgo Inc. | New | 0.14% | +0.14 |
| SGML Sigma Lithium Corp. | Add +166.3% | 1.30% | +0.09 |
| TTE Totalenergies SE -Spon ADR | Add +24.6% | 0.37% | +0.08 |
| STEM Stem Inc. | Add +1515.3% | 0.08% | +0.07 |
| EE Excelerate Energy Inc. Class A | Add +1.8% | 1.06% | +0.04 |
| OPAL Opal Fuels Inc. Class A | Add +6.0% | 0.11% | −0.01 |
| MNTK Montauk Renewables Inc. | Add +92.6% | 0.07% | −0.01 |
| CC The Chemours Co. | Add +4.3% | 1.04% | −0.18 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 79 | $870.1M | XOM, DVN, PR, OVV, VLO |
| Q1 2026 | 88 | $1.1B | AR, DVN, PR, EXE, CVE |
| Q4 2025 | 80 | $903.8M | VNOM, KMI, PR, OKE, FCX |
| Q3 2025 | 78 | $1.1B | VNOM, PR, KMI, DVN, OKE |
| Q2 2025 | 87 | $1.1B | KMI, CTRA, VNOM, PR, TRP |
| Q1 2025 | 76 | $1.1B | KMI, PR, CTRA, TRP, HAL |
| Q4 2024 | 73 | $969.9M | COP, KMI, PR, TRP, AM |
| Q3 2024 | 67 | $1.0B | PR, COP, LNG, PSX, KMI |
| Q2 2024 | 79 | $1.0B | KMI, PSX, PR, CHRD, CVE |
| Q1 2024 | 68 | $993.2M | KMI, MRO, ERF, BKR, CVE |