Encompass Capital Advisors LLC

CIK

1541901

Location

New York, NY

Portfolio Value

Small $527,630,496

Diversification

Diversified

Filing Date

Global Rank

#915 / 8,578 ▲ 155

Top Industry

Oil & Gas Midstream 17.7%

3Y Alpha vs SPY

+5.5%

Period ended 3 months ago

Filed May 15, 2026 · 31d

25 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

+98.0%

SPY

+74.2%

Annualised alpha

+5.2%

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

57 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

14.4%

+4.8 pts

Top 5

33.9%

−0.3 pts

Top 10

48.1%

−4.4 pts

HHI

420

Diversified+23

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Energy	56.4%	$1,727,513,128	26
Basic Materials	18.5%	$567,770,451	13
Industrials	17.2%	$527,630,496	11
Utilities	2.9%	$87,383,012	3
Technology	2.8%	$85,611,873	2
Consumer Cyclical	1.5%	$44,457,300	1
Consumer Defensive	0.8%	$24,740,000	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
BTE	Baytex Energy Corp.	+6,123,098	20,071,614	$89,720,114
ALM	Almonty Industries Inc.	+1,392,806	4,300,839	$62,276,148
CENX	Century Aluminum Co	+1,051,525	1,551,362	$91,049,435
CMBT	Cmb.Tech NV	+1,000,693	3,500,000	$44,275,000
NVGS	Navigator Holdings Ltd.	+398,615	1,034,216	$19,991,395
TTI	Tetra Technologies Inc	+310,363	3,201,953	$27,280,639
CNR	Core Natural Resources, Inc.	+275,000	500,000	$52,365,000
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
OXY	Occidental Petroleum Corp /De/	−5,113,804	451,396	$29,340,740
NESR	National Energy Services Reunited Corp.	−2,841,895	4,261,389	$91,492,021
CSTM	Constellium SE	−2,180,637	2,477,278	$60,891,493
VNOM	Viper Energy, Inc.	−883,762	464,604	$21,831,741
SEI	Solaris Energy Infrastructure, Inc.	−809,543	1,750,000	$98,892,500
ECO	Okeanis Eco Tankers Corp.	−432,722	377,432	$19,094,284
FLOC	Flowco Holdings Inc.	−228,172	1,275,044	$26,265,906
PDS	PRECISION DRILLING Corp	−205,449	351,189	$34,556,997
KEX	Kirby Corp	−180,147	469,611	$62,401,909
AA	Alcoa Corp	−158,251	605,149	$40,139,533
NUE	Nucor Corp	−138,502	175,000	$29,592,500
VTOL	Bristow Group Inc.	−112,065	587,364	$27,541,497
VIST	Vista Energy, S.A.B. de C.V.	−51,295	543,551	$41,021,793
SOC	Sable Offshore Corp.	−40,500	13,448,741	$222,173,201
WTTR	Select Water Solutions, Inc.	−33,575	3,085,249	$47,204,309
NXT	Nextpower Inc.	−15,575	484,262	$58,377,784
RNGR	Ranger Energy Services, Inc.	−3,292	1,507,503	$25,838,601
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
LNG	Cheniere Energy, Inc.	1,556,100	$441,558,936
AESI	Atlas Energy Solutions Inc.	9,135,182	$119,853,587
LYB	LyondellBasell Industries N.V.	1,274,000	$102,633,440
ODFL	Old Dominion Freight Line, Inc.	310,061	$60,585,919
FPS	Forgent Power Solutions, Inc.	1,925,699	$56,365,209
CEG	Constellation Energy Corp	200,000	$55,850,000
PSX	Phillips 66	304,700	$55,510,246
SCCO	Southern Copper Corp/	308,100	$53,011,686
MUSA	Murphy USA Inc.	90,000	$44,457,300
UEC	Uranium Energy Corp	3,000,000	$40,500,000
WHD	Cactus, Inc.	765,514	$36,262,398
CF	CF Industries Holdings, Inc.	265,400	$34,459,536
PR	Permian Resources Corp	1,597,811	$34,065,330
PWR	Quanta Services, Inc.	60,000	$32,941,200
MATX	Matson, Inc.	199,834	$32,760,785
CSX	Csx Corp	785,800	$32,257,090
ASPI	ASP Isotopes Inc.	6,912,054	$30,551,278
MWH	SOLV Energy, Inc.	1,000,400	$30,042,012
PARR	Par Pacific Holdings, Inc.	460,393	$28,839,017
KNX	Knight-Swift Transportation Holdings Inc.	500,000	$28,790,000
ENPH	Enphase Energy, Inc.	720,288	$27,234,089
DVN	Devon Energy Corp/De	517,600	$26,045,632
LIN	Linde PLC	50,000	$24,788,000
DAR	Darling Ingredients Inc.	400,000	$24,740,000
SM	SM Energy Co	697,800	$21,757,404
No positions match the current search.

Sold Out

Positions the filer fully exited

21 positions

Ticker	Company	Shares	Value
UAL	United Airlines Holdings, Inc.	1,167,000	$130,493,940
FANG	Diamondback Energy, Inc.	746,343	$112,197,743
HP	Helmerich & Payne, Inc.	2,081,644	$59,701,549
MTDR	Matador Resources Co	1,254,678	$53,248,534
WFRD	Weatherford International plc	599,274	$46,899,183
CMC	COMMERCIAL METALS Co	599,871	$41,523,070
SHLS	Shoals Technologies Group, Inc.	4,823,369	$40,998,636
JBHT	Hunt J B Transport Services Inc	205,000	$39,839,700
GXO	GXO Logistics, Inc.	698,974	$36,793,991
CHRD	Chord Energy Corp	391,127	$36,257,472
SLI	Standard Lithium Ltd.	8,053,722	$36,000,137
PRIM	Primoris Services Corp	289,907	$35,989,054
ORA	Ormat Technologies, Inc.	312,675	$34,541,207
CCJ	Cameco Corp	375,000	$34,308,750
HCC	Warrior Met Coal, Inc.	375,791	$33,133,492
ARCB	Arcbest Corp /De/	275,000	$20,402,250
TMC	TMC the metals Co Inc.	3,000,000	$18,510,000
B	Barrick Mining Corp	400,000	$17,420,000
SGML	Sigma Lithium Corp	1,248,175	$16,463,428
BORR	Borr Drilling Ltd	3,554,800	$14,325,844
PPTA	Perpetua Resources Corp.	168,750	$4,085,437
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

11 positions · $527,630,496 total · Industrials only · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Consumer Defensive Energy Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TE	T1 Energy Inc. Industrials	Held	34,968,169	0	$153,510,261	−34.3%	29.09%
KEX	Kirby Corp Industrials	Reduced	469,611	-180,147	$62,401,909	−12.8%	11.83%
ODFL	Old Dominion Freight Line, Inc. Industrials	NEW	310,061	NEW	$60,585,919	NEW	11.48%
FPS	Forgent Power Solutions, Inc. Industrials	NEW	1,925,699	NEW	$56,365,209	NEW	10.68%
PWR	Quanta Services, Inc. Industrials	NEW	60,000	NEW	$32,941,200	NEW	6.24%
MATX	Matson, Inc. Industrials	NEW	199,834	NEW	$32,760,785	NEW	6.21%
CSX	Csx Corp Industrials	NEW	785,800	NEW	$32,257,090	NEW	6.11%
KNX	Knight-Swift Transportation Holdings Inc. Industrials	NEW	500,000	NEW	$28,790,000	NEW	5.46%
TTI	Tetra Technologies Inc Industrials	Added	3,201,953	+310,363	$27,280,639	+0.7%	5.17%
POWL	Powell Industries Inc Industrials	NEW	40,000	NEW	$21,643,200	NEW	4.10%
ECO	Okeanis Eco Tankers Corp. Industrials	Reduced	377,432	-432,722	$19,094,284	−30.4%	3.62%