Encompass Capital Advisors LLC
Reports for
Encompass Capital Master Fund LP
Encompass Capital E L Master Fund L.P.
Encompass Capital Energy Transition Master Fund L.P.
Filing Date
Global Rank
#1,237
/ 8,700
▼ 195
Top Industry
Oil & Gas Equipment & Services
29.1%
3Y Alpha vs SPY
-5.1%
Period ended 3 months ago
Filed Aug 14, 2026 · 31d
26 quarters · since Mar 2020
Clone Performance
Sep 2023–Sep 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+50.8%
SPY
+69.7%
Annualised alpha
-4.6%
Max drawdown
−33.6%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Returns are unavailable when a held security or benchmark crosses a captured split without a certified price basis; the requested window is not shortened to hide it. It tracks 93% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
51 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
14.3%
+1.0 pts
Top 5
35.1%
−0.8 pts
Top 10
48.6%
−1.6 pts
HHI
445
Diversified+29
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 52.6% | $1,218,441,790 |
| Industrials | 34.5% | $799,585,194 |
| Basic Materials | 10.5% | $243,918,765 |
| Technology | 1.4% | $33,359,200 |
| Utilities | 0.9% | $21,119,796 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
7 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SOC | Sable Offshore Corp. | +1,000,000 | 14,448,741 | $44,502,122 | |
| SEI | Solaris Energy Infrastructure, Inc. | +769,604 | 2,519,604 | $202,727,337 | |
| SM | SM Energy Co | +750,261 | 1,448,061 | $37,794,392 | |
| OXY | Occidental Petroleum Corp /De/ | +686,604 | 1,138,000 | $55,272,660 | |
| VIST | Vista Energy, S.A.B. de C.V. | +162,169 | 705,720 | $45,024,936 | |
| POWL | Powell Industries Inc | +118,899 | 158,899 | $45,502,317 | |
| CNR | Core Natural Resources, Inc. | +89,633 | 589,633 | $47,182,432 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
21 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CMBT | Cmb.Tech NV | −3,165,544 | 334,456 | $4,679,039 | |
| AESI | Atlas Energy Solutions Inc. | −2,594,860 | 6,540,322 | $108,634,748 | |
| FPS | Forgent Power Solutions, Inc. | −1,501,223 | 424,476 | $23,711,229 | |
| TTI | Tetra Technologies Inc | −1,301,953 | 1,900,000 | $21,527,000 | |
| NESR | National Energy Services Reunited Corp. | −1,158,851 | 3,102,538 | $92,858,962 | |
| NVGS | Navigator Holdings Ltd. | −834,216 | 200,000 | $3,726,000 | |
| CENX | Century Aluminum Co | −651,362 | 900,000 | $41,409,000 | |
| ASPI | ASP Isotopes Inc. | −350,300 | 6,561,754 | $40,814,109 | |
| RNGR | Ranger Energy Services, Inc. | −279,525 | 1,227,978 | $19,659,927 | |
| FLOC | Flowco Holdings Inc. | −254,410 | 1,020,634 | $21,780,329 | |
| DVN | Devon Energy Corp/De | −253,499 | 264,101 | $10,912,653 | |
| NXT | Nextpower Inc. | −204,262 | 280,000 | $33,359,200 | |
| KEX | Kirby Corp | −204,002 | 265,609 | $36,114,855 | |
| PSX | Phillips 66 | −179,867 | 124,833 | $21,103,018 | |
| ECO | Okeanis Eco Tankers Corp. | −155,235 | 222,197 | $11,136,513 | |
| ODFL | Old Dominion Freight Line, Inc. | −110,061 | 200,000 | $43,320,000 | |
| CSTM | Constellium SE | −55,929 | 2,421,349 | $77,168,392 | |
| PWR | Quanta Services, Inc. | −40,000 | 20,000 | $14,400,800 | |
| WHD | Cactus, Inc. | −38,839 | 726,675 | $37,227,560 | |
| MATX | Matson, Inc. | −29,110 | 170,724 | $32,818,274 | |
| PDS | PRECISION DRILLING Corp | −17,818 | 333,371 | $25,556,220 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
21 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MUR | Murphy Oil Corp | 2,250,000 | $73,260,000 | |
| PUMP | ProPetro Holding Corp. | 4,574,591 | $65,599,634 | |
| BKR | Baker Hughes Co | 1,149,014 | $63,770,277 | |
| PTEN | Patterson Uti Energy Inc | 5,921,072 | $54,355,440 | |
| VG | Venture Global, Inc. | 4,500,000 | $50,085,000 | |
| FCEL | Fuelcell Energy Inc | 1,365,900 | $49,186,059 | |
| CLF | Cleveland-Cliffs Inc. | 5,113,625 | $48,016,938 | |
| NSC | Norfolk Southern Corp | 145,000 | $45,615,550 | |
| EROK | EagleRock Land, LLC | 1,858,313 | $39,489,151 | |
| CNI | Canadian National Railway Co | 325,000 | $38,753,000 | |
| MEOH | Methanex Corp | 791,123 | $36,510,326 | |
| EROC | ERock, Inc. | 1,900,000 | $27,550,000 | |
| NBR | Nabors Industries Ltd | 315,000 | $26,463,150 | |
| SBLK | Star Bulk Carriers Corp. | 962,500 | $24,033,625 | |
| NOG | Northern Oil & Gas, Inc. | 1,250,000 | $22,687,500 | |
| TALO | Talos Energy Inc. | 1,747,661 | $22,562,303 | |
| LSTR | Landstar System Inc | 100,000 | $20,681,000 | |
| WAB | Westinghouse Air Brake Technologies Corp | 75,000 | $20,220,000 | |
| FRVO | Fervo Energy Co | 625,070 | $18,270,796 | |
| INIO | Innio N.V. | 460,000 | $18,193,000 | |
| RXO | RXO, Inc. | 610,755 | $16,850,730 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LNG | Cheniere Energy, Inc. | 1,556,100 | $441,558,936 | |
| — | 1,390,000 | $252,743,700 | ||
| LYB | LyondellBasell Industries N.V. | 1,274,000 | $102,633,440 | |
| BTE | Baytex Energy Corp. | 20,071,614 | $89,720,114 | |
| ALM | Almonty Industries Inc. | 4,300,839 | $62,276,148 | |
| CEG | Constellation Energy Corp | 200,000 | $55,850,000 | |
| SCCO | Southern Copper Corp/ | 308,100 | $53,011,686 | |
| WTTR | Select Water Solutions, Inc. | 3,085,249 | $47,204,309 | |
| MUSA | Murphy USA Inc. | 90,000 | $44,457,300 | |
| UEC | Uranium Energy Corp | 3,000,000 | $40,500,000 | |
| AA | Alcoa Corp | 605,149 | $40,139,533 | |
| TBN | Tamboran Resources Corp | 713,698 | $35,677,763 | |
| CF | CF Industries Holdings, Inc. | 265,400 | $34,459,536 | |
| PR | Permian Resources Corp | 1,597,811 | $34,065,330 | |
| CSX | Csx Corp | 785,800 | $32,257,090 | |
| MWH | SOLV Energy, Inc. | 1,000,400 | $30,042,012 | |
| NUE | Nucor Corp | 175,000 | $29,592,500 | |
| PARR | Par Pacific Holdings, Inc. | 460,393 | $28,839,017 | |
| KNX | Knight-Swift Transportation Holdings Inc. | 500,000 | $28,790,000 | |
| VTOL | Bristow Group Inc. | 587,364 | $27,541,497 | |
| ENPH | Enphase Energy, Inc. | 720,288 | $27,234,089 | |
| LIN | Linde PLC | 50,000 | $24,788,000 | |
| DAR | Darling Ingredients Inc. | 400,000 | $24,740,000 | |
| VNOM | Viper Energy, Inc. | 464,604 | $21,831,741 | |
| STLD | Steel Dynamics Inc | 100,043 | $18,007,740 | |
| No positions match the current search. | ||||
51 tracked positions ·
$2,316,424,745 total
· filing declares
54 positions · $2,811,190,818
· as of Jun 30, 2026
Showing 1–50
of 51 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| TE |
T1 Energy Inc.
Industrials
|
Held | 34,968,169 | $331,498,242 | 14.31% | |
| SEI |
Solaris Energy Infrastructure, Inc.
Energy
|
Added | 2,519,604 | $202,727,337 | 8.75% | |
| AESI |
Atlas Energy Solutions Inc.
Energy
|
Reduced | 6,540,322 | $108,634,748 | 4.69% | |
| NESR |
National Energy Services Reunited Corp.
Energy
|
Reduced | 3,102,538 | $92,858,962 | 4.01% | |
| CSTM |
Constellium SE
Basic Materials
|
Reduced | 2,421,349 | $77,168,392 | 3.33% | |
| MUR |
Murphy Oil Corp
Energy
|
NEW | 2,250,000 | $73,260,000 | 3.16% | |
| PUMP |
ProPetro Holding Corp.
Energy
|
NEW | 4,574,591 | $65,599,634 | 2.83% | |
| BKR |
Baker Hughes Co
Energy
|
NEW | 1,149,014 | $63,770,277 | 2.75% | |
| OXY |
Occidental Petroleum Corp /De/
Energy
|
Added | 1,138,000 | $55,272,660 | 2.39% | |
| PTEN |
Patterson Uti Energy Inc
Energy
|
NEW | 5,921,072 | $54,355,440 | 2.35% | |
| VG |
Venture Global, Inc.
Energy
|
NEW | 4,500,000 | $50,085,000 | 2.16% | |
| FCEL |
Fuelcell Energy Inc
Industrials
|
NEW | 1,365,900 | $49,186,059 | 2.12% | |
| CLF |
Cleveland-Cliffs Inc.
Basic Materials
|
NEW | 5,113,625 | $48,016,938 | 2.07% | |
| CNR |
Core Natural Resources, Inc.
Energy
|
Added | 589,633 | $47,182,432 | 2.04% | |
| NSC |
Norfolk Southern Corp
Industrials
|
NEW | 145,000 | $45,615,550 | 1.97% | |
| POWL |
Powell Industries Inc
Industrials
|
Added | 158,899 | $45,502,317 | 1.96% | |
| VIST |
Vista Energy, S.A.B. de C.V.
Energy
|
Added | 705,720 | $45,024,936 | 1.94% | |
| SOC |
Sable Offshore Corp.
Energy
|
Added | 14,448,741 | $44,502,122 | 1.92% | |
| ODFL |
Old Dominion Freight Line, Inc.
Industrials
|
Reduced | 200,000 | $43,320,000 | 1.87% | |
| CENX |
Century Aluminum Co
Basic Materials
|
Reduced | 900,000 | $41,409,000 | 1.79% | |
| ASPI |
ASP Isotopes Inc.
Basic Materials
|
Reduced | 6,561,754 | $40,814,109 | 1.76% | |
| EROK |
EagleRock Land, LLC
Energy
|
NEW | 1,858,313 | $39,489,151 | 1.70% | |
| CNI |
Canadian National Railway Co
Industrials
|
NEW | 325,000 | $38,753,000 | 1.67% | |
| SM |
SM Energy Co
Energy
|
Added | 1,448,061 | $37,794,392 | 1.63% | |
| WHD |
Cactus, Inc.
Energy
|
Reduced | 726,675 | $37,227,560 | 1.61% | |
| MEOH |
Methanex Corp
Basic Materials
|
NEW | 791,123 | $36,510,326 | 1.58% | |
| KEX |
Kirby Corp
Industrials
|
Reduced | 265,609 | $36,114,855 | 1.56% | |
| NXT |
Nextpower Inc.
Technology
|
Reduced | 280,000 | $33,359,200 | 1.44% | |
| MATX |
Matson, Inc.
Industrials
|
Reduced | 170,724 | $32,818,274 | 1.42% | |
| EROC |
ERock, Inc.
Industrials
|
NEW | 1,900,000 | $27,550,000 | 1.19% | |
| NBR |
Nabors Industries Ltd
Energy
|
NEW | 315,000 | $26,463,150 | 1.14% | |
| PDS |
PRECISION DRILLING Corp
Energy
|
Reduced | 333,371 | $25,556,220 | 1.10% | |
| SBLK |
Star Bulk Carriers Corp.
Industrials
|
NEW | 962,500 | $24,033,625 | 1.04% | |
| FPS |
Forgent Power Solutions, Inc.
Industrials
|
Reduced | 424,476 | $23,711,229 | 1.02% | |
| NOG |
Northern Oil & Gas, Inc.
Energy
|
NEW | 1,250,000 | $22,687,500 | 0.98% | |
| TALO |
Talos Energy Inc.
Energy
|
NEW | 1,747,661 | $22,562,303 | 0.97% | |
| FLOC |
Flowco Holdings Inc.
Energy
|
Reduced | 1,020,634 | $21,780,329 | 0.94% | |
| TTI |
Tetra Technologies Inc
Energy
|
Reduced | 1,900,000 | $21,527,000 | 0.93% | |
| PSX |
Phillips 66
Energy
|
Reduced | 124,833 | $21,103,018 | 0.91% | |
| LSTR |
Landstar System Inc
Industrials
|
NEW | 100,000 | $20,681,000 | 0.89% | |
| WAB |
Westinghouse Air Brake Technologies Corp
Industrials
|
NEW | 75,000 | $20,220,000 | 0.87% | |
| RNGR |
Ranger Energy Services, Inc.
Energy
|
Reduced | 1,227,978 | $19,659,927 | 0.85% | |
| FRVO |
Fervo Energy Co
Utilities
|
NEW | 625,070 | $18,270,796 | 0.79% | |
| INIO |
Innio N.V.
Industrials
|
NEW | 460,000 | $18,193,000 | 0.79% | |
| RXO |
RXO, Inc.
Industrials
|
NEW | 610,755 | $16,850,730 | 0.73% | |
| PWR |
Quanta Services, Inc.
Industrials
|
Reduced | 20,000 | $14,400,800 | 0.62% | |
| ECO |
Okeanis Eco Tankers Corp.
Industrials
|
Reduced | 222,197 | $11,136,513 | 0.48% | |
| DVN |
Devon Energy Corp/De
Energy
|
Reduced | 264,101 | $10,912,653 | 0.47% | |
| CMBT |
Cmb.Tech NV
Energy
|
Reduced | 334,456 | $4,679,039 | 0.20% | |
| NVGS |
Navigator Holdings Ltd.
Energy
|
Reduced | 200,000 | $3,726,000 | 0.16% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.