SIR Capital Management, L.P.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), SIR Capital Management, L.P. reported 87 stock positions worth $1.1 billion. Its top holding was Kinder Morgan (KMI) at 5.4% of the portfolio, followed by Coterra Energy (CTRA, 5.3%) and Viper Energy (VNOM, 5.2%). Compared with Q1 2025, it opened 23 new positions, sold out of 12, added to 25 and reduced 35. The biggest buy was Eqt (EQT, shares +181%) and the biggest sale Halliburton (HAL, shares −81%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001434997
- Portfolio Value
- $1.1B (Q2 2025)
- SEC Filing
- 0001434997-25-000005 ↗ filed Aug 12, 2025
Holdings Value
Holdings 87 stocks · $1.1B
| KMI Kinder Morgan Inc. | 5.38% | 2,049,905 | $60.3M | Reduce -0.9% |
| CTRA Coterra Energy Inc. | 5.28% | 2,332,136 | $59.2M | Add +34.7% |
| VNOM Viper Energy Inc. | 5.20% | 1,529,435 | $58.3M | Add +59.0% |
| PR Permian Resources Corp. Class A | 4.77% | 3,922,320 | $53.4M | Reduce -4.9% |
| TRP TC Energy Corp. | 4.48% | 1,028,393 | $50.2M | Reduce -1.3% |
| EQT Eqt Corp. | 3.83% | 737,052 | $43.0M | Add +180.5% |
| DVN Devon Energy Corp. | 3.59% | 1,265,643 | $40.3M | Add +235.7% |
| AR Antero Resources Corp. | 3.32% | 924,904 | $37.3M | Add +5.3% |
| CHRD Chord Energy Corp. | 3.26% | 377,585 | $36.6M | Add +47.5% |
| KNTK Kinetik Holdings Inc. | 3.19% | 810,838 | $35.7M | Add +33.6% |
| OKE Oneok Inc. | 3.10% | 425,405 | $34.7M | Reduce -3.5% |
| GPOR Gulfport Energy Corp. | 2.79% | 155,454 | $31.3M | Reduce -30.6% |
| MGY Magnolia Oil & Gas Corp. Class A | 2.79% | 1,390,700 | $31.3M | Add +441.6% |
| SEI Solaris Energy Infrastructur | 2.60% | 1,031,857 | $29.2M | Add +2.8% |
| TS Tenaris SA-ADR | 2.30% | 688,935 | $25.8M | Add +280.8% |
| UGI Ugi Corp. | 1.93% | 592,670 | $21.6M | Reduce -27.3% |
| SRE Sempra | 1.74% | 257,912 | $19.5M | Add +44.3% |
| MTDR Matador Resources Co. | 1.50% | 353,400 | $16.9M | Reduce -36.0% |
| DUK Duke Energy Corp. | 1.47% | 139,224 | $16.4M | Add +15.8% |
| EVGO Evgo Inc. | 1.41% | 4,334,396 | $15.8M | Add +0.9% |
| EXC Exelon Corp. | 1.35% | 348,500 | $15.1M | New |
| NEXT Nextdecade Corp. | 1.32% | 1,656,482 | $14.8M | Add +13646.7% |
| ETN Eaton Corp. PLC | 1.31% | 41,011 | $14.6M | Reduce -13.8% |
| PSX Phillips 66 | 1.29% | 120,803 | $14.4M | New |
| GLW Corning Inc. | 1.10% | 234,377 | $12.3M | Add +91.2% |
| EE Excelerate Energy Inc. Class A | 1.08% | 412,091 | $12.1M | Add +861.4% |
| MTZ Mastec Inc. | 1.07% | 70,388 | $12.0M | Add +62.6% |
| XEL Xcel Energy Inc. | 0.98% | 161,389 | $11.0M | Reduce -32.2% |
| CC The Chemours Co. | 0.98% | 957,076 | $11.0M | Reduce -34.4% |
| VRT Vertiv Holdings Co. Class A | 0.95% | 83,120 | $10.7M | New |
| XPRO Expro Group Holdings NV | 0.95% | 1,239,684 | $10.6M | Reduce 0.0% |
| WFRD Weatherford International PL | 0.92% | 205,783 | $10.4M | Reduce -69.7% |
| GEV GE Vernova Inc. | 0.87% | 18,400 | $9.7M | Reduce -24.0% |
| DY Dycom Industries Inc. | 0.82% | 37,777 | $9.2M | Reduce -33.7% |
| BG Bunge Global SA | 0.81% | 112,544 | $9.0M | New |
| LNG Cheniere Energy Inc. | 0.78% | 35,917 | $8.7M | Reduce -67.2% |
| DINO HF Sinclair Corp. | 0.77% | 210,980 | $8.7M | Reduce -58.4% |
| CRGY Crescent Energy Inc. Class A | 0.76% | 992,632 | $8.5M | Add +54.7% |
| HESM Hess Midstream LP Class A | 0.70% | 204,473 | $7.9M | New |
| FLS Flowserve Corp. | 0.70% | 149,000 | $7.8M | New |
| FLR Fluor Corp. | 0.69% | 150,997 | $7.7M | New |
| CVE Cenovus Energy Inc. | 0.68% | 562,776 | $7.7M | New |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.68% | 1,225,162 | $7.6M | Add +3.9% |
| SGML Sigma Lithium Corp. | 0.68% | 1,684,463 | $7.6M | Add +149.3% |
| LBRT Liberty Energy Inc. | 0.67% | 657,745 | $7.6M | Reduce -22.1% |
| DK Delek US Holdings Inc. | 0.67% | 355,514 | $7.5M | New |
| BKV BKV Corporation | 0.64% | 299,213 | $7.2M | Add +147.7% |
| HAL Halliburton Co. | 0.64% | 349,355 | $7.1M | Reduce -80.9% |
| VST Vistra Corp. | 0.63% | 36,445 | $7.1M | New |
| AESI Atlas Energy Solutions Inc. | 0.61% | 514,500 | $6.9M | New |
| CNQ Canadian Natural Resources | 0.61% | 217,900 | $6.8M | Reduce -77.8% |
| BKR Baker Hughes Co. | 0.60% | 175,600 | $6.7M | New |
| EMR Emerson Electric Co. | 0.56% | 47,310 | $6.3M | New |
| ITT Itt Inc. | 0.53% | 37,760 | $5.9M | New |
| PTEN Patterson-Uti Energy Inc. | 0.52% | 985,181 | $5.8M | Reduce -57.5% |
| ARIS WATER SOLUTIONS INC-A | 0.51% | 240,100 | $5.7M | New |
| SHEL Shell PLC-ADR | 0.51% | 80,401 | $5.7M | Reduce -41.5% |
| PUMP Propetro Holding Corp. | 0.43% | 812,054 | $4.8M | Add +26.6% |
| NVT Nvent Electric PLC | 0.40% | 60,645 | $4.4M | Add +186.8% |
| MOD Modine Manufacturing Co. | 0.36% | 41,300 | $4.1M | New |
| UEC Uranium Energy Corp. | 0.34% | 559,450 | $3.8M | New |
| CLNE Clean Energy Fuels Corp. | 0.31% | 1,794,795 | $3.5M | No change |
| ITRI Itron Inc. | 0.29% | 24,400 | $3.2M | Reduce -15.6% |
| TTE Totalenergies SE -Spon ADR | 0.28% | 51,200 | $3.1M | Reduce -51.2% |
| URI United Rentals Inc. | 0.28% | 4,100 | $3.1M | New |
| CCJ Cameco Corp. | 0.26% | 39,500 | $2.9M | New |
| STRL Sterling Infrastructure Inc. | 0.25% | 12,300 | $2.8M | Reduce -59.9% |
| NRG NRG Energy Inc. | 0.24% | 16,692 | $2.7M | Reduce -90.8% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.23% | 47,800 | $2.6M | New |
| UUUU Energy Fuels Inc. | 0.22% | 432,400 | $2.5M | New |
| JCI Johnson Controls Internation | 0.21% | 22,756 | $2.4M | Add +46.5% |
| TT Trane Technologies PLC | 0.21% | 5,414 | $2.4M | Reduce -34.8% |
| AM Antero Midstream Corp. | 0.20% | 116,555 | $2.2M | Reduce -91.1% |
| ARRY Array Technologies Inc. | 0.19% | 353,000 | $2.1M | New |
| FTI Technipfmc PLC | 0.18% | 57,518 | $2.0M | Reduce -86.9% |
| CARR Carrier Global Corp. | 0.17% | 26,443 | $1.9M | Add +45.8% |
| NESR National Energy Services Reu | 0.16% | 291,248 | $1.8M | No change |
| MYRG MYR Group Inc./Delaware | 0.15% | 9,400 | $1.7M | Reduce -26.6% |
| GLNG Golar LNG Ltd. | 0.15% | 41,279 | $1.7M | New |
| VLO Valero Energy Corp. | 0.12% | 9,837 | $1.3M | Reduce -89.5% |
| OVV Ovintiv Inc. | 0.11% | 31,684 | $1.2M | Reduce -94.0% |
| SDRL Seadrill Limited | 0.10% | 41,770 | $1.1M | Reduce -34.4% |
| OPAL Opal Fuels Inc. Class A | 0.08% | 373,849 | $905K | No change |
| TTI Tetra Technologies Inc. | 0.07% | 226,346 | $761K | Reduce -11.2% |
| NPWR Net Power Inc. | 0.07% | 300,078 | $741K | No change |
| PDS Precision Drilling Corp. | 0.05% | 11,978 | $567K | Reduce -93.8% |
| VIST Vista Energy Sab DE CV | 0.04% | 10,235 | $489K | Reduce -11.8% |
Portfolio Sells Q1 2025 → Q2 2025
| HAL Halliburton Co. | Reduce -80.9% | 0.64% | −3.43 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −2.32 |
| WFRD Weatherford International PL | Reduce -69.7% | 0.92% | −2.27 |
| CNQ Canadian Natural Resources | Reduce -77.8% | 0.61% | −2.04 |
| TXNM TXNM Energy Inc. | Sold out | 0.00% | −1.93 |
| OVV Ovintiv Inc. | Reduce -94.0% | 0.11% | −1.88 |
| AM Antero Midstream Corp. | Reduce -91.1% | 0.20% | −1.87 |
| LNG Cheniere Energy Inc. | Reduce -67.2% | 0.78% | −1.44 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −1.37 |
| NRG NRG Energy Inc. | Reduce -90.8% | 0.24% | −1.28 |
| PTEN Patterson-Uti Energy Inc. | Reduce -57.5% | 0.52% | −1.15 |
| FTI Technipfmc PLC | Reduce -86.9% | 0.18% | −1.04 |
| MTDR Matador Resources Co. | Reduce -36.0% | 1.50% | −0.97 |
| VLO Valero Energy Corp. | Reduce -89.5% | 0.12% | −0.96 |
| GPOR Gulfport Energy Corp. | Reduce -30.6% | 2.79% | −0.83 |
| NE Noble Corp. PLC | Sold out | 0.00% | −0.79 |
| CC The Chemours Co. | Reduce -34.4% | 0.98% | −0.76 |
| OKE Oneok Inc. | Reduce -3.5% | 3.10% | −0.74 |
| PDS Precision Drilling Corp. | Reduce -93.8% | 0.05% | −0.74 |
| DINO HF Sinclair Corp. | Reduce -58.4% | 0.77% | −0.69 |
| AES AES Corp. | Sold out | 0.00% | −0.61 |
| LBRT Liberty Energy Inc. | Reduce -22.1% | 0.67% | −0.50 |
| XEL Xcel Energy Inc. | Reduce -32.2% | 0.98% | −0.50 |
| UGI Ugi Corp. | Reduce -27.3% | 1.93% | −0.44 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.40 |
| SHEL Shell PLC-ADR | Reduce -41.5% | 0.51% | −0.38 |
| TTE Totalenergies SE -Spon ADR | Reduce -51.2% | 0.28% | −0.32 |
| INR Infinity Natural Resour Class A | Sold out | 0.00% | −0.27 |
| ACDC Profrac Holding Corp. Class A | Sold out | 0.00% | −0.26 |
| PR Permian Resources Corp. Class A | Reduce -4.9% | 4.77% | −0.25 |
| XPRO Expro Group Holdings NV | Reduce 0.0% | 0.95% | −0.13 |
| FLNC Fluence Energy Inc. | Sold out | 0.00% | −0.13 |
| LEU Centrus Energy Corp. Class A | Sold out | 0.00% | −0.11 |
| ALB Albemarle Corp. | Sold out | 0.00% | −0.07 |
| STRL Sterling Infrastructure Inc. | Reduce -59.9% | 0.25% | −0.05 |
| GTLS Chart Industries Inc. | Sold out | 0.00% | −0.05 |
| SDRL Seadrill Limited | Reduce -34.4% | 0.10% | −0.04 |
| TT Trane Technologies PLC | Reduce -34.8% | 0.21% | −0.03 |
| TTI Tetra Technologies Inc. | Reduce -11.2% | 0.07% | −0.01 |
| VIST Vista Energy Sab DE CV | Reduce -11.8% | 0.04% | −0.00 |
| ITRI Itron Inc. | Reduce -15.6% | 0.29% | +0.02 |
| MYRG MYR Group Inc./Delaware | Reduce -26.6% | 0.15% | +0.03 |
| DY Dycom Industries Inc. | Reduce -33.7% | 0.82% | +0.06 |
| TRP TC Energy Corp. | Reduce -1.3% | 4.48% | +0.16 |
| ETN Eaton Corp. PLC | Reduce -13.8% | 1.31% | +0.17 |
| KMI Kinder Morgan Inc. | Reduce -0.9% | 5.38% | +0.19 |
| GEV GE Vernova Inc. | Reduce -24.0% | 0.87% | +0.22 |
Portfolio Buys Q1 2025 → Q2 2025
| EQT Eqt Corp. | Add +180.5% | 3.83% | +2.60 |
| DVN Devon Energy Corp. | Add +235.7% | 3.59% | +2.35 |
| MGY Magnolia Oil & Gas Corp. Class A | Add +441.6% | 2.79% | +2.22 |
| TS Tenaris SA-ADR | Add +280.8% | 2.30% | +1.68 |
| VNOM Viper Energy Inc. | Add +59.0% | 5.20% | +1.39 |
| EXC Exelon Corp. | New | 1.35% | +1.35 |
| NEXT Nextdecade Corp. | Add +13646.7% | 1.32% | +1.31 |
| PSX Phillips 66 | New | 1.29% | +1.29 |
| EE Excelerate Energy Inc. Class A | Add +861.4% | 1.08% | +0.97 |
| VRT Vertiv Holdings Co. Class A | New | 0.95% | +0.95 |
| CTRA Coterra Energy Inc. | Add +34.7% | 5.28% | +0.89 |
| BG Bunge Global SA | New | 0.81% | +0.81 |
| CHRD Chord Energy Corp. | Add +47.5% | 3.26% | +0.73 |
| HESM Hess Midstream LP Class A | New | 0.70% | +0.70 |
| FLS Flowserve Corp. | New | 0.70% | +0.70 |
| FLR Fluor Corp. | New | 0.69% | +0.69 |
| SEI Solaris Energy Infrastructur | Add +2.8% | 2.60% | +0.69 |
| CVE Cenovus Energy Inc. | New | 0.68% | +0.68 |
| DK Delek US Holdings Inc. | New | 0.67% | +0.67 |
| VST Vistra Corp. | New | 0.63% | +0.63 |
| MTZ Mastec Inc. | Add +62.6% | 1.07% | +0.63 |
| SRE Sempra | Add +44.3% | 1.74% | +0.62 |
| AESI Atlas Energy Solutions Inc. | New | 0.61% | +0.61 |
| GLW Corning Inc. | Add +91.2% | 1.10% | +0.61 |
| BKR Baker Hughes Co. | New | 0.60% | +0.60 |
| EMR Emerson Electric Co. | New | 0.56% | +0.56 |
| ITT Itt Inc. | New | 0.53% | +0.53 |
| ARIS WATER SOLUTIONS INC-A | New | 0.51% | +0.51 |
| BKV BKV Corporation | Add +147.7% | 0.64% | +0.42 |
| KNTK Kinetik Holdings Inc. | Add +33.6% | 3.19% | +0.42 |
| EVGO Evgo Inc. | Add +0.9% | 1.41% | +0.41 |
| MOD Modine Manufacturing Co. | New | 0.36% | +0.36 |
| UEC Uranium Energy Corp. | New | 0.34% | +0.34 |
| NVT Nvent Electric PLC | Add +186.8% | 0.40% | +0.30 |
| URI United Rentals Inc. | New | 0.28% | +0.28 |
| CCJ Cameco Corp. | New | 0.26% | +0.26 |
| NXT Nextpower Inc. | New | 0.23% | +0.23 |
| UUUU Energy Fuels Inc. | New | 0.22% | +0.22 |
| AR Antero Resources Corp. | Add +5.3% | 3.32% | +0.21 |
| ARRY Array Technologies Inc. | New | 0.19% | +0.19 |
| DUK Duke Energy Corp. | Add +15.8% | 1.47% | +0.18 |
| GLNG Golar LNG Ltd. | New | 0.15% | +0.15 |
| CRGY Crescent Energy Inc. Class A | Add +54.7% | 0.76% | +0.13 |
| JCI Johnson Controls Internation | Add +46.5% | 0.21% | +0.11 |
| CARR Carrier Global Corp. | Add +45.8% | 0.17% | +0.07 |
| SGML Sigma Lithium Corp. | Add +149.3% | 0.68% | +0.06 |
| PUMP Propetro Holding Corp. | Add +26.6% | 0.43% | +0.02 |
| HOS Hornbeck Offshore Services I | Add +3.9% | 0.68% | −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 |