Sourcerock Group LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Sourcerock Group LLC reported 34 stock positions worth $1.4 billion. Its top holding was Antero Resources (AR) at 13.7% of the portfolio, followed by Civitas Resources (CIVI, 10.8%) and Eqt (EQT, 9.6%). Compared with Q1 2024, it opened 11 new positions, sold out of 8, added to 13 and reduced 10. The biggest buy was a new position in Eqt (EQT) and the biggest sale Chord Energy (CHRD, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001822531
- Portfolio Value
- $1.4B (Q2 2024)
- SEC Filing
- 0001822531-24-000007 ↗ filed Aug 14, 2024
Holdings Value
Holdings 34 stocks · $1.4B
| AR Antero Resources Corp. | 13.65% | 5,905,011 | $192.7M | Add +11.4% |
| CIVI Civitas Resources Inc. | 10.79% | 2,207,834 | $152.3M | Add +6.0% |
| EQT Eqt Corp. | 9.56% | 3,647,683 | $134.9M | New |
| TALO Talos Energy Inc. | 7.46% | 8,667,057 | $105.3M | Add +2.0% |
| TS Tenaris SA-ADR | 6.59% | 3,047,116 | $93.0M | Add +24.2% |
| NE Noble Corp. PLC | 6.12% | 1,933,439 | $86.3M | Reduce -14.5% |
| XPRO Expro Group Holdings NV | 5.63% | 3,463,800 | $79.4M | Add +31.8% |
| ARRY Array Technologies Inc. | 5.19% | 7,134,032 | $73.2M | Add +47.2% |
| OII Oceaneering Intl Inc. | 4.79% | 2,859,983 | $67.7M | Add +30.1% |
| SDRL Seadrill Limited | 4.35% | 1,190,705 | $61.3M | Reduce -27.4% |
| CHRD Chord Energy Corp. | 4.34% | 365,077 | $61.2M | Reduce -45.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 3.01% | 900,016 | $42.5M | Add +38.9% |
| LNG Cheniere Energy Inc. | 2.93% | 236,231 | $41.3M | Add +73.8% |
| CRC California Resources Corp. | 2.69% | 712,195 | $37.9M | New |
| OVV Ovintiv Inc. | 1.82% | 547,637 | $25.7M | Reduce -51.6% |
| CX Cemex Sab-Spons ADR Part Cer | 1.57% | 3,469,091 | $22.2M | Add +51.5% |
| MP MP Materials Corp. | 1.56% | 1,728,031 | $22.0M | Add +119.2% |
| NOV Nov Inc. | 1.54% | 1,143,000 | $21.7M | New |
| FSLR First Solar Inc. | 1.20% | 75,000 | $16.9M | New |
| MRC MRC Global Inc. | 0.90% | 981,510 | $12.7M | Add +1.6% |
| NOVAQ Sunnova Energy International | 0.82% | 2,075,000 | $11.6M | New |
| MUR Murphy Oil Corp. | 0.58% | 200,000 | $8.2M | New |
| STNG Scorpio Tankers Inc. | 0.58% | 100,000 | $8.1M | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.46% | 94,255 | $6.4M | Reduce -13.3% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.35% | 105,000 | $4.9M | New |
| MLI Mueller Industries Inc. | 0.35% | 86,149 | $4.9M | New |
| IEF iShares 7-10 Year Treasury B | 0.32% | 47,766 | $4.5M | Reduce -0.1% |
| TLT iShares 20+ Year Treasury BD | 0.31% | 47,051 | $4.3M | Reduce -0.1% |
| PBA Pembina Pipeline Corp. | 0.17% | 64,227 | $2.4M | Reduce -0.1% |
| SGML Sigma Lithium Corp. | 0.13% | 148,785 | $1.8M | New |
| XEL Xcel Energy Inc. | 0.12% | 32,689 | $1.7M | Add +72.0% |
| KGS Kodiak Gas Services Inc. | 0.07% | 38,600 | $1.1M | New |
| ED Consolidated Edison Inc. | 0.04% | 6,596 | $590K | Reduce -0.1% |
| EXC Exelon Corp. | 0.04% | 15,610 | $540K | Reduce -0.1% |
Portfolio Sells Q1 2024 → Q2 2024
| CHRD Chord Energy Corp. | Reduce -45.9% | 4.34% | −5.36 |
| OVV Ovintiv Inc. | Reduce -51.6% | 1.82% | −2.91 |
| NE Noble Corp. PLC | Reduce -14.5% | 6.12% | −2.72 |
| SDRL Seadrill Limited | Reduce -27.4% | 4.35% | −2.30 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.82 |
| ACDC Profrac Holding Corp. Class A | Sold out | 0.00% | −0.78 |
| FLNC Fluence Energy Inc. | Sold out | 0.00% | −0.71 |
| CMP Compass Minerals Internation | Sold out | 0.00% | −0.49 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.25 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.24 |
| BTE Baytex Energy Corp. | Sold out | 0.00% | −0.21 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -13.3% | 0.46% | −0.12 |
| AY Atlantica Sustainable Infras | Sold out | 0.00% | −0.12 |
| TLT iShares 20+ Year Treasury BD | Reduce -0.1% | 0.31% | −0.05 |
| IEF iShares 7-10 Year Treasury B | Reduce -0.1% | 0.32% | −0.05 |
| PBA Pembina Pipeline Corp. | Reduce -0.1% | 0.17% | −0.01 |
| EXC Exelon Corp. | Reduce -0.1% | 0.04% | −0.01 |
| ED Consolidated Edison Inc. | Reduce -0.1% | 0.04% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| EQT Eqt Corp. | New | 9.56% | +9.56 |
| CRC California Resources Corp. | New | 2.69% | +2.69 |
| NOV Nov Inc. | New | 1.54% | +1.54 |
| XPRO Expro Group Holdings NV | Add +31.8% | 5.63% | +1.40 |
| AR Antero Resources Corp. | Add +11.4% | 13.65% | +1.26 |
| FSLR First Solar Inc. | New | 1.20% | +1.20 |
| LNG Cheniere Energy Inc. | Add +73.8% | 2.93% | +1.16 |
| NOVAQ Sunnova Energy International | New | 0.82% | +0.82 |
| OII Oceaneering Intl Inc. | Add +30.1% | 4.79% | +0.65 |
| MP MP Materials Corp. | Add +119.2% | 1.56% | +0.65 |
| MUR Murphy Oil Corp. | New | 0.58% | +0.58 |
| STNG Scorpio Tankers Inc. | New | 0.58% | +0.58 |
| NXT Nextpower Inc. | New | 0.35% | +0.35 |
| MLI Mueller Industries Inc. | New | 0.35% | +0.35 |
| SLB SLB Ltd. | Add +38.9% | 3.01% | +0.15 |
| SGML Sigma Lithium Corp. | New | 0.13% | +0.13 |
| KGS Kodiak Gas Services Inc. | New | 0.07% | +0.07 |
| XEL Xcel Energy Inc. | Add +72.0% | 0.12% | +0.04 |
| MRC MRC Global Inc. | Add +1.6% | 0.90% | −0.08 |
| CX Cemex Sab-Spons ADR Part Cer | Add +51.5% | 1.57% | −0.09 |
| ARRY Array Technologies Inc. | Add +47.2% | 5.19% | −0.64 |
| TS Tenaris SA-ADR | Add +24.2% | 6.59% | −1.17 |
| CIVI Civitas Resources Inc. | Add +6.0% | 10.79% | −1.95 |
| TALO Talos Energy Inc. | Add +2.0% | 7.46% | −2.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 36 | $1.9B | AR, CRC, PTEN, CHRD, HAL |
| Q1 2026 | 39 | $2.4B | AR, CRC, CHRD, NE, PTEN |
| Q4 2025 | 36 | $1.7B | AR, CRC, CENX, NE, TALO |
| Q3 2025 | 35 | $1.5B | AR, CRC, NE, TALO, CHRD |
| Q2 2025 | 39 | $1.9B | AR, EQT, NE, TS, CHRD |
| Q1 2025 | 38 | $1.8B | AR, EQT, CIVI, CHRD, TALO |
| Q4 2024 | 35 | $1.4B | AR, EQT, CIVI, TALO, NE |
| Q3 2024 | 34 | $1.2B | AR, EQT, CIVI, TALO, NE |
| Q2 2024 | 34 | $1.4B | AR, CIVI, EQT, TALO, TS |
| Q1 2024 | 31 | $1.2B | CIVI, AR, CHRD, TALO, NE |