13F HOLDINGS REPORT
Oceanic Investment Management LTD
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0000902664-26-000994
Total Value
$95.5M
Positions
40
Other Managers
0
Confidential Omitted
No
Holdings (40)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NATIONAL ENERGY SERVICES REU | NESR | 695,543 | $10.9M | 11.40% |
| 2 | SLB LIMITED | SLB | 272,390 | $10.5M | 10.94% |
| 3 | GENCO SHIPPING & TRADING LTD | GNK | 560,056 | $10.3M | 10.81% |
| 4 | CMB.TECH NV | CMBT | 998,052 | $9.6M | 10.08% |
| 5 | NOBLE CORP PLC | NE-WT | 211,667 | $6.0M | 6.26% |
| 6 | EXPAND ENERGY CORPORATION | EXE | 53,122 | $5.9M | 6.14% |
| 7 | SEADRILL LTD | SDRL | 104,828 | $3.6M | 3.80% |
| 8 | EXCELERATE ENERGY INC | EE | 122,208 | $3.4M | 3.59% |
| 9 | SCORPIO TANKERS INC | STNG | 64,261 | $3.3M | 3.42% |
| 10 | FLEX LNG LTD | FLNG | 129,018 | $3.2M | 3.37% |
| 11 | COSTAMARE BULKERS HLDGS LTD | Y2001C101 | 204,778 | $3.2M | 3.30% |
| 12 | SAFE BULKERS INC | SB-PC | 643,211 | $3.1M | 3.25% |
| 13 | WEATHERFORD INTL PLC | G48833118 | 35,407 | $2.8M | 2.90% |
| 14 | HAFNIA LTD | HAFN | 478,486 | $2.6M | 2.67% |
| 15 | HALLIBURTON CO | HAL | 82,050 | $2.3M | 2.43% |
| 16 | TEEKAY TANKERS LTD | TNK | 36,825 | $2.0M | 2.06% |
| 17 | CENTURY ALUM CO | CENX | 25,988 | $1.0M | 1.07% |
| 18 | ALCOA CORP | AA | 18,961 | $1.0M | 1.05% |
| 19 | TORM PLC | TRMD | 46,236 | $905,301 | 0.95% |
| 20 | CORE NATURAL RESOURCES INC | CNR | 10,000 | $885,100 | 0.93% |
| 21 | ALPHA METALLURGICAL RESOUR I | 020764106 | 4,266 | $852,688 | 0.89% |
| 22 | FREEPORT-MCMORAN INC | FCX | 14,403 | $731,528 | 0.77% |
| 23 | CLEVELAND-CLIFFS INC NEW | CLF | 53,483 | $710,254 | 0.74% |
| 24 | WARRIOR MET COAL INC | HCC | 7,784 | $686,315 | 0.72% |
| 25 | DORIAN LPG LTD | LPG | 26,382 | $642,138 | 0.67% |
| 26 | GLOBAL X FDS | 37954Y830 | 8,694 | $624,142 | 0.65% |
| 27 | STEEL DYNAMICS INC | STLD | 3,604 | $610,698 | 0.64% |
| 28 | NUCOR CORP | NUE | 3,742 | $610,358 | 0.64% |
| 29 | BUNGE GLOBAL SA | BG | 5,967 | $531,540 | 0.56% |
| 30 | ARCHER DANIELS MIDLAND CO | ADM | 9,158 | $526,493 | 0.55% |
| 31 | SOUTHERN COPPER CORP | SCCO | 3,599 | $516,349 | 0.54% |
| 32 | BW LPG LTD | BWLP | 29,278 | $383,542 | 0.40% |
| 33 | CAMECO CORP | CCJ | 4,019 | $367,698 | 0.38% |
| 34 | SPROTT FDS TR | SII | 5,701 | $312,928 | 0.33% |
| 35 | RAMACO RES INC | METCZ | 17,365 | $312,570 | 0.33% |
| 36 | VALE S A | VALE | 21,026 | $273,969 | 0.29% |
| 37 | HUDBAY MINERALS INC | HBM | 10,619 | $210,833 | 0.22% |
| 38 | CARNIVAL CORP | CUKPF | 2,894 | $88,383 | 0.09% |
| 39 | ROYAL CARIBBEAN GROUP | V7780T103 | 312 | $87,023 | 0.09% |
| 40 | NORWEGIAN CRUISE LINE HLDG L | NCLH | 3,895 | $86,936 | 0.09% |