13F HOLDINGS REPORT
Recurrent Investment Advisors LLC
Quarter ended Q1 2025 · Filed May 15, 2025 · Accession 0001420506-25-001207
Total Value
$1.18B
Positions
65
Other Managers
0
Confidential Omitted
No
Holdings (65)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ENERGY TRANSFER L P | ET-PI | 4,725,234 | $87.8M | 7.44% |
| 2 | CHENIERE ENERGY INC | LNG | 372,462 | $86.2M | 7.30% |
| 3 | PEMBINA PIPELINE CORP | PPLOF | 1,982,211 | $79.6M | 6.75% |
| 4 | TARGA RES CORP | TRGP | 357,709 | $71.7M | 6.07% |
| 5 | CENOVUS ENERGY INC | CVE | 4,897,021 | $70.8M | 6.00% |
| 6 | SUNCOR ENERGY INC NEW | SU | 1,787,491 | $70.3M | 5.96% |
| 7 | ONEOK INC NEW | OKE | 677,349 | $67.2M | 5.69% |
| 8 | ENTERPRISE PRODS PARTNERS L | 293792107 | 1,723,317 | $58.8M | 4.98% |
| 9 | PLAINS GP HLDGS L P | PAGP | 2,700,980 | $57.7M | 4.89% |
| 10 | WESTERN MIDSTREAM PARTNERS L | WES | 1,357,630 | $55.6M | 4.71% |
| 11 | SUNOCO LP/SUNOCO FIN CORP | SUN | 932,862 | $54.2M | 4.59% |
| 12 | KINDER MORGAN INC DEL | EP-PC | 1,885,726 | $53.8M | 4.56% |
| 13 | PHILLIPS 66 | PSX | 415,614 | $51.3M | 4.35% |
| 14 | WILLIAMS COS INC | 969457100 | 851,524 | $50.9M | 4.31% |
| 15 | ALLIANCE RESOURCE PARTNERS L | ARLP | 1,319,900 | $36.0M | 3.05% |
| 16 | DT MIDSTREAM INC | DTM | 350,178 | $33.8M | 2.86% |
| 17 | PBF ENERGY INC | PBF | 1,463,615 | $27.9M | 2.37% |
| 18 | MARATHON PETE CORP | MARA | 184,399 | $26.9M | 2.28% |
| 19 | VALERO ENERGY CORP | VLO | 179,367 | $23.7M | 2.01% |
| 20 | ENBRIDGE INC | ENNPF | 463,550 | $20.5M | 1.74% |
| 21 | VIPER ENERGY INC | VNOM | 345,141 | $15.6M | 1.32% |
| 22 | TC ENERGY CORP | TRPRF | 223,890 | $10.6M | 0.90% |
| 23 | EXXON MOBIL CORP | XOM | 52,131 | $6.2M | 0.53% |
| 24 | BARRICK GOLD CORP | 067901108 | 215,128 | $5.1M | 0.43% |
| 25 | NEWMONT CORP | NEMCL | 76,587 | $3.7M | 0.31% |
| 26 | NUTRIEN LTD | NTR | 50,060 | $3.6M | 0.30% |
| 27 | CHEVRON CORP NEW | CVX | 21,153 | $3.5M | 0.30% |
| 28 | CONOCOPHILLIPS | COP | 33,215 | $3.5M | 0.30% |
| 29 | FREEPORT-MCMORAN INC | FCX | 73,332 | $2.8M | 0.24% |
| 30 | HESS CORP | HESM | 17,042 | $2.7M | 0.23% |
| 31 | SEALED AIR CORP NEW | SE | 89,853 | $2.6M | 0.22% |
| 32 | NUCOR CORP | NUE | 21,122 | $2.5M | 0.22% |
| 33 | TECK RESOURCES LTD | TCKRF | 47,097 | $2.1M | 0.18% |
| 34 | HALLIBURTON CO | HAL | 72,264 | $1.8M | 0.16% |
| 35 | CANADIAN NAT RES LTD | 136385101 | 59,020 | $1.8M | 0.15% |
| 36 | WESTLAKE CORPORATION | WLK | 18,098 | $1.8M | 0.15% |
| 37 | ALCOA CORP | AA | 53,291 | $1.6M | 0.14% |
| 38 | DIAMONDBACK ENERGY INC | FANG | 9,670 | $1.5M | 0.13% |
| 39 | MATADOR RES CO | MTDR | 29,818 | $1.5M | 0.13% |
| 40 | SHELL PLC | RYDAF | 52,088 | $1.5M | 0.12% |
| 41 | ARCELORMITTAL SA LUXEMBOURG | ARCXF | 53,072 | $1.4M | 0.12% |
| 42 | UNITED STATES STL CORP NEW | UNTCW | 33,176 | $1.4M | 0.12% |
| 43 | BHP GROUP LTD | BHPLF | 27,385 | $1.3M | 0.11% |
| 44 | POSCO HOLDINGS INC | PKX | 24,951 | $1.2M | 0.10% |
| 45 | ALBEMARLE CORP | ALB-PA | 15,220 | $1.1M | 0.09% |
| 46 | EXPAND ENERGY CORPORATION | EXE | 9,647 | $1.1M | 0.09% |
| 47 | DARLING INGREDIENTS INC | DAR | 31,870 | $995,619 | 0.08% |
| 48 | DOW INC | DOW | 28,262 | $986,909 | 0.08% |
| 49 | TOTALENERGIES SE | TTE | 15,038 | $972,808 | 0.08% |
| 50 | RIO TINTO PLC | RTNTF | 15,517 | $932,261 | 0.08% |
| 51 | MURPHY USA INC | MUSA | 1,830 | $859,752 | 0.07% |
| 52 | WEYERHAEUSER CO MTN BE | WY | 24,040 | $703,891 | 0.06% |
| 53 | MOSAIC CO NEW | MOS | 24,957 | $674,089 | 0.06% |
| 54 | CF INDS HLDGS INC | 125269100 | 7,764 | $606,757 | 0.05% |
| 55 | EOG RES INC | EOG | 4,633 | $594,136 | 0.05% |
| 56 | CROWN HLDGS INC | CCK | 6,446 | $575,370 | 0.05% |
| 57 | FMC CORP | FMC | 13,510 | $569,987 | 0.05% |
| 58 | SMURFIT WESTROCK PLC | SW | 11,780 | $530,807 | 0.04% |
| 59 | VISTRA CORP | VST | 4,424 | $519,555 | 0.04% |
| 60 | BP PLC | BPPFF | 111,818 | $489,198 | 0.04% |
| 61 | MARTIN MARIETTA MATLS INC | 573284106 | 1,007 | $481,477 | 0.04% |
| 62 | CONSTELLATION ENERGY CORP | CEG | 2,153 | $434,109 | 0.04% |
| 63 | VALE S A | VALE | 39,377 | $392,982 | 0.03% |
| 64 | ARCHER DANIELS MIDLAND CO | ADM | 7,092 | $340,487 | 0.03% |
| 65 | CAMECO CORP | CCJ | 6,746 | $277,665 | 0.02% |