Encompass Capital Advisors LLC

CIK

1541901

Location

New York, NY

Portfolio Value

Mid $2,243,725,285

Diversification

Diversified

Filing Date

Global Rank

#1,095 / 7,976 ▼ 165

Top Industry

Oil & Gas Equipment & Services 17.4%

3Y Alpha vs SPY

+3.6%

Period ended 9 months ago

Filed Nov 14, 2025 · 7mo

23 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+92.4%

SPY

+76.3%

Annualised alpha

+3.6%

Max drawdown

−33.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

53 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

6.5%

+0.7 pts

Top 5

25.2%

+0.1 pts

Top 10

43.9%

+0.8 pts

HHI

297

Diversified+20

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Energy	61.5%	$1,380,186,616	32
Industrials	14.0%	$314,070,134	9
Technology	12.0%	$268,922,675	3
Basic Materials	8.7%	$196,072,658	7
Utilities	3.8%	$84,473,202	2

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

17 positions

Ticker	Company	Δ Shares	Shares	Value
SOC	Sable Offshore Corp.	+3,445,293	8,397,316	$146,617,137
UEC	Uranium Energy Corp	+2,593,244	6,769,688	$90,307,637
MGY	Magnolia Oil & Gas Corp	+852,477	2,182,088	$52,086,440
CENX	Century Aluminum Co	+706,627	811,162	$23,815,716
KGS	Kodiak Gas Services, Inc.	+646,253	1,736,009	$64,180,252
INSW	International Seaways, Inc.	+474,380	874,204	$40,283,320
STNG	Scorpio Tankers Inc.	+449,535	1,238,960	$69,443,708
TGS	Gas Transporter Of The South Inc	+404,472	1,404,472	$29,536,046
FLOC	Flowco Holdings Inc.	+250,012	1,234,313	$18,329,548
VIST	Vista Energy, S.A.B. de C.V.	+200,009	965,859	$33,225,549
KEX	Kirby Corp	+160,986	1,386,324	$115,688,737
CDLR	Cadeler A/S	+45,471	1,053,393	$21,752,565
RNGR	Ranger Energy Services, Inc.	+18	1,513,302	$21,246,760
NVGS	Navigator Holdings Ltd.	+16	1,437,217	$22,262,491
INR	Infinity Natural Resources, Inc.	+10	849,113	$11,131,871
PDS	PRECISION DRILLING Corp	+6	557,562	$31,424,194
GATX	Gatx Corp	+2	149,946	$26,210,560
No positions match the current search.

Trimmed

Positions the filer reduced

15 positions

Ticker	Company	Δ Shares	Shares	Value
CSX	Csx Corp	−2,128,683	297,749	$10,573,066
NXT	Nextpower Inc.	−1,728,194	1,191,583	$88,165,226
SHLS	Shoals Technologies Group, Inc.	−1,341,095	11,863,507	$87,908,586
PARR	Par Pacific Holdings, Inc.	−1,153,024	151,517	$5,366,732
CSTM	Constellium SE	−1,098,485	4,264,275	$63,452,412
DINO	HF Sinclair Corp	−1,016,986	697,632	$36,514,058
SEI	Solaris Energy Infrastructure, Inc.	−707,572	2,919,586	$116,695,852
NXE	NexGen Energy Ltd.	−499,962	3,151,178	$28,203,043
GFR	Greenfire Resources Ltd.	−327,874	4,619,563	$21,342,381
TS	Tenaris SA	−300,077	1,432,704	$51,247,822
FSLR	First Solar, Inc.	−225,922	421,026	$92,848,863
PRIM	Primoris Services Corp	−211,240	374,800	$51,471,284
CCJ	Cameco Corp	−199,650	700,000	$58,702,000
GLNG	Golar Lng Ltd	−34,601	1,140,969	$46,106,557
CEG	Constellation Energy Corp	−30,062	69,938	$23,014,497
No positions match the current search.

New Positions

Positions the filer opened this quarter

19 positions

Ticker	Company	Shares	Value
WMB	Williams Companies, Inc.	1,298,275	$82,245,721
ORA	Ormat Technologies, Inc.	638,532	$61,458,705
BP	Bp PLC	1,449,093	$49,935,744
B	Barrick Mining Corp	1,485,605	$48,683,275
CHRD	Chord Energy Corp	391,777	$38,930,880
AA	Alcoa Corp	857,220	$28,193,965
WTTR	Select Water Solutions, Inc.	2,372,290	$25,359,780
DTM	DT Midstream, Inc.	195,690	$22,124,711
BTU	Peabody Energy Corp	809,460	$21,466,879
GXO	GXO Logistics, Inc.	400,000	$21,156,000
TRN	Trinity Industries Inc	749,510	$21,016,260
GPRE	Green Plains Inc.	2,239,642	$19,686,453
HP	Helmerich & Payne, Inc.	785,107	$17,343,013
AAL	American Airlines Group Inc.	1,499,265	$16,851,738
TBN	Tamboran Resources Corp	563,698	$15,434,051
CMBT	Cmb.Tech NV	1,503,007	$14,113,235
AUGO	Aura Minerals Inc.	199,700	$7,430,837
ASPI	ASP Isotopes Inc.	500,000	$4,810,000
URG	Ur-Energy Inc	2,528,941	$4,526,804
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
VST	Vistra Corp.	775,000	$150,202,750
FLR	Fluor Corp	2,591,170	$132,849,285
ENPH	Enphase Energy, Inc.	2,709,700	$107,439,605
EXE	EXPAND ENERGY Corp	799,646	$93,510,603
EQT	EQT Corp	1,099,379	$64,115,783
PWR	Quanta Services, Inc.	122,914	$46,471,325
PPTA	Perpetua Resources Corp.	3,608,369	$43,805,599
MTDR	Matador Resources Co	779,431	$37,194,447
MEOH	Methanex Corp	1,118,102	$37,009,176
RRC	Range Resources Corp	899,670	$36,589,578
BWXT	BWX Technologies, Inc.	250,000	$36,015,000
CMC	COMMERCIAL METALS Co	699,756	$34,225,065
NRG	Nrg Energy, Inc.	199,924	$32,103,795
FRO	Frontline plc	1,733,496	$28,446,669
NSC	Norfolk Southern Corp	99,956	$25,585,737
HLX	Helix Energy Solutions Group Inc	3,806,807	$23,754,475
BKR	Baker Hughes Co	599,767	$22,995,066
KNX	Knight-Swift Transportation Holdings Inc.	500,000	$22,115,000
DHT	DHT Holdings, Inc.	1,899,098	$20,529,249
EGO	Eldorado Gold Corp /Fi	1,000,000	$20,340,000
ARRY	Array Technologies, Inc.	2,839,204	$16,751,303
METC	Ramaco Resources, Inc.	1,000,000	$13,140,000
NUE	Nucor Corp	100,000	$12,954,000
ARCB	Arcbest Corp /De/	164,355	$12,656,978
GTE	Gran Tierra Energy Inc.	2,387,614	$11,388,918
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

53 positions · $2,243,725,285 total · as of Sep 30, 2025

All sectors Basic Materials Energy Industrials Technology Utilities

Showing 1–50 of 53 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SOC	Sable Offshore Corp. Energy	Added	8,397,316	+3,445,293	$146,617,137	+34.7%	6.53%
SEI	Solaris Energy Infrastructure, Inc. Energy	Reduced	2,919,586	-707,572	$116,695,852	+13.7%	5.20%
KEX	Kirby Corp Industrials	Added	1,386,324	+160,986	$115,688,737	−16.8%	5.16%
NESR	National Energy Services Reunited Corp. Energy	Held	9,205,887	0	$94,452,400	+70.4%	4.21%
FSLR	First Solar, Inc. Technology	Reduced	421,026	-225,922	$92,848,863	−13.3%	4.14%
UEC	Uranium Energy Corp Energy	Added	6,769,688	+2,593,244	$90,307,637	+218.0%	4.02%
NXT	Nextpower Inc. Technology	Reduced	1,191,583	-1,728,194	$88,165,226	−44.5%	3.93%
SHLS	Shoals Technologies Group, Inc. Technology	Reduced	11,863,507	-14,545,697	$87,908,586	−21.7%	3.92%
WMB	Williams Companies, Inc. Energy	NEW	1,298,275	NEW	$82,245,721	NEW	3.67%
STNG	Scorpio Tankers Inc. Energy	Added	1,238,960	+449,535	$69,443,708	+124.8%	3.10%
KGS	Kodiak Gas Services, Inc. Energy	Added	1,736,009	+646,253	$64,180,252	+71.9%	2.86%
CSTM	Constellium SE Basic Materials	Reduced	4,264,275	-1,098,485	$63,452,412	−11.0%	2.83%
ORA	Ormat Technologies, Inc. Utilities	NEW	638,532	NEW	$61,458,705	NEW	2.74%
CCJ	Cameco Corp Energy	Reduced	700,000	-199,650	$58,702,000	−12.1%	2.62%
MGY	Magnolia Oil & Gas Corp Energy	Added	2,182,088	+852,477	$52,086,440	+74.3%	2.32%
PRIM	Primoris Services Corp Industrials	Reduced	374,800	-211,240	$51,471,284	+12.7%	2.29%
TS	Tenaris SA Energy	Reduced	1,432,704	-300,077	$51,247,822	−20.9%	2.28%
BP	Bp PLC Energy	NEW	1,449,093	NEW	$49,935,744	NEW	2.23%
B	Barrick Mining Corp Basic Materials	NEW	1,485,605	NEW	$48,683,275	NEW	2.17%
GLNG	Golar Lng Ltd Energy	Reduced	1,140,969	-34,601	$46,106,557	−4.8%	2.05%
INSW	International Seaways, Inc. Energy	Added	874,204	+474,380	$40,283,320	+176.2%	1.80%
CHRD	Chord Energy Corp Energy	NEW	391,777	NEW	$38,930,880	NEW	1.74%
DINO	HF Sinclair Corp Energy	Reduced	697,632	-1,016,986	$36,514,058	−48.2%	1.63%
VIST	Vista Energy, S.A.B. de C.V. Energy	Added	965,859	+200,009	$33,225,549	−9.3%	1.48%
PDS	PRECISION DRILLING Corp Energy	Added	557,562	+6	$31,424,194	+19.3%	1.40%
TGS	Gas Transporter Of The South Inc Energy	Added	1,404,472	+404,472	$29,536,046	+14.0%	1.32%
TE	T1 Energy Inc. Industrials	Held	13,463,268	0	$29,349,924	+77.2%	1.31%
NXE	NexGen Energy Ltd. Energy	Reduced	3,151,178	-499,962	$28,203,043	+11.3%	1.26%
AA	Alcoa Corp Basic Materials	NEW	857,220	NEW	$28,193,965	NEW	1.26%
GATX	Gatx Corp Industrials	Added	149,946	+2	$26,210,560	+13.8%	1.17%
WTTR	Select Water Solutions, Inc. Energy	NEW	2,372,290	NEW	$25,359,780	NEW	1.13%
CENX	Century Aluminum Co Basic Materials	Added	811,162	+706,627	$23,815,716	+1164.3%	1.06%
CEG	Constellation Energy Corp Utilities	Reduced	69,938	-30,062	$23,014,497	−28.7%	1.03%
NVGS	Navigator Holdings Ltd. Energy	Added	1,437,217	+16	$22,262,491	+9.5%	0.99%
DTM	DT Midstream, Inc. Energy	NEW	195,690	NEW	$22,124,711	NEW	0.99%
CDLR	Cadeler A/S Industrials	Added	1,053,393	+45,471	$21,752,565	+8.6%	0.97%
BTU	Peabody Energy Corp Energy	NEW	809,460	NEW	$21,466,879	NEW	0.96%
GFR	Greenfire Resources Ltd. Energy	Reduced	4,619,563	-327,874	$21,342,381	−3.3%	0.95%
RNGR	Ranger Energy Services, Inc. Energy	Added	1,513,302	+18	$21,246,760	+17.6%	0.95%
GXO	GXO Logistics, Inc. Industrials	NEW	400,000	NEW	$21,156,000	NEW	0.94%
TRN	Trinity Industries Inc Industrials	NEW	749,510	NEW	$21,016,260	NEW	0.94%
GPRE	Green Plains Inc. Basic Materials	NEW	2,239,642	NEW	$19,686,453	NEW	0.88%
FLOC	Flowco Holdings Inc. Energy	Added	1,234,313	+250,012	$18,329,548	+4.6%	0.82%
HP	Helmerich & Payne, Inc. Energy	NEW	785,107	NEW	$17,343,013	NEW	0.77%
AAL	American Airlines Group Inc. Industrials	NEW	1,499,265	NEW	$16,851,738	NEW	0.75%
TBN	Tamboran Resources Corp Energy	NEW	563,698	NEW	$15,434,051	NEW	0.69%
CMBT	Cmb.Tech NV Energy	NEW	1,503,007	NEW	$14,113,235	NEW	0.63%
INR	Infinity Natural Resources, Inc. Energy	Added	849,113	+10	$11,131,871	−28.4%	0.50%
CSX	Csx Corp Industrials	Reduced	297,749	-2,128,683	$10,573,066	−86.6%	0.47%
AUGO	Aura Minerals Inc. Basic Materials	NEW	199,700	NEW	$7,430,837	NEW	0.33%