13F HOLDINGS REPORT
Merewether Investment Management, LP
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001420506-26-000568
Total Value
$4.35B
Positions
77
Other Managers
0
Confidential Omitted
No
Holdings (77)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ENTERGY CORP NEW | ENO | 1,796,900 | $166.1M | 3.82% |
| 2 | XCEL ENERGY INC | XELLL | 2,167,710 | $160.1M | 3.68% |
| 3 | EXPAND ENERGY CORPORATION | EXE | 1,329,075 | $146.7M | 3.37% |
| 4 | SUNCOR ENERGY INC NEW | SU | 3,277,504 | $145.5M | 3.35% |
| 5 | OVINTIV INC | OVV | 3,612,697 | $141.6M | 3.26% |
| 6 | WILLIAMS COS INC | 969457100 | 2,341,000 | $140.7M | 3.24% |
| 7 | TARGA RES CORP | TRGP | 749,577 | $138.3M | 3.18% |
| 8 | SEMPRA | SREA | 1,547,132 | $136.6M | 3.14% |
| 9 | NVENT ELECTRIC PLC | NVT | 1,335,574 | $136.2M | 3.13% |
| 10 | DT MIDSTREAM INC | DTM | 1,042,600 | $124.8M | 2.87% |
| 11 | MASTEC INC | MTZ | 569,140 | $123.7M | 2.85% |
| 12 | NRG ENERGY INC | NRG | 765,626 | $121.9M | 2.80% |
| 13 | CENTERPOINT ENERGY INC | CNP | 2,897,000 | $111.1M | 2.55% |
| 14 | BP PLC | BPPFF | 3,008,100 | $104.5M | 2.40% |
| 15 | BUNGE GLOBAL SA | BG | 1,132,700 | $100.9M | 2.32% |
| 16 | PRIMORIS SVCS CORP | 74164F103 | 781,700 | $97.0M | 2.23% |
| 17 | FREEPORT-MCMORAN INC | FCX | 1,909,400 | $97.0M | 2.23% |
| 18 | DIAMONDBACK ENERGY INC | FANG | 640,250 | $96.2M | 2.21% |
| 19 | PERMIAN RESOURCES CORP | PR | 6,263,137 | $87.9M | 2.02% |
| 20 | FIRST SOLAR INC | FSLR | 325,100 | $84.9M | 1.95% |
| 21 | EXXON MOBIL CORP | XOM | 701,493 | $84.4M | 1.94% |
| 22 | QNITY ELECTRONICS INC | Q | 878,048 | $71.7M | 1.65% |
| 23 | CHENIERE ENERGY INC | LNG | 348,600 | $67.8M | 1.56% |
| 24 | TECHNIPFMC PLC | FTI | 1,511,128 | $67.3M | 1.55% |
| 25 | VISTRA CORP | VST | 397,322 | $64.1M | 1.47% |
| 26 | VALERO ENERGY CORP | VLO | 359,131 | $58.5M | 1.34% |
| 27 | BARRICK MNG CORP | 06849F108 | 1,331,000 | $58.0M | 1.33% |
| 28 | IAMGOLD CORP | IAG | 3,335,790 | $55.0M | 1.27% |
| 29 | COTERRA ENERGY INC | CTRA | 2,073,500 | $54.6M | 1.26% |
| 30 | CUMMINS INC | CMI | 106,060 | $54.1M | 1.25% |
| 31 | GENERAL MTRS CO | 37045V100 | 633,300 | $51.5M | 1.18% |
| 32 | DUPONT DE NEMOURS INC | DD | 1,246,796 | $50.1M | 1.15% |
| 33 | LEGENCE CORP | LGN | 1,134,422 | $48.8M | 1.12% |
| 34 | ALCOA CORP | AA | 882,200 | $46.9M | 1.08% |
| 35 | HUBBELL INC | HUBB | 102,920 | $45.7M | 1.05% |
| 36 | BKV CORP | BKV | 1,676,217 | $45.5M | 1.05% |
| 37 | EQT CORP | EQT | 845,286 | $45.3M | 1.04% |
| 38 | COMFORT SYS USA INC | 199908104 | 46,349 | $43.3M | 0.99% |
| 39 | ACUITY INC | AYI | 116,000 | $41.8M | 0.96% |
| 40 | CLEVELAND-CLIFFS INC NEW | CLF | 3,096,600 | $41.1M | 0.95% |
| 41 | ATMOS ENERGY CORP | ATO | 238,236 | $39.9M | 0.92% |
| 42 | SHELL PLC | RYDAF | 539,421 | $39.6M | 0.91% |
| 43 | CENOVUS ENERGY INC | CVE | 2,076,591 | $35.1M | 0.81% |
| 44 | CENTURI HOLDINGS INC | CTRI | 1,344,000 | $33.9M | 0.78% |
| 45 | NUCOR CORP | NUE | 203,900 | $33.3M | 0.76% |
| 46 | SLB LIMITED | SLB | 857,300 | $32.9M | 0.76% |
| 47 | CENTERRA GOLD INC | CGAU | 2,253,100 | $32.4M | 0.75% |
| 48 | DARLING INGREDIENTS INC | DAR | 878,114 | $31.6M | 0.73% |
| 49 | SENSATA TECHNOLOGIES HLDG PL | ST | 904,600 | $30.1M | 0.69% |
| 50 | CORE NATURAL RESOURCES INC | CNR | 339,400 | $30.0M | 0.69% |
| 51 | GARRETT MOTION INC | GTX | 1,686,100 | $29.4M | 0.68% |
| 52 | WESTLAKE CORPORATION | WLK | 388,100 | $28.7M | 0.66% |
| 53 | ARIS MNG CORP | 04040Y109 | 1,694,800 | $27.5M | 0.63% |
| 54 | PAR PAC HOLDINGS INC | PARR | 734,400 | $25.8M | 0.59% |
| 55 | GENERAC HLDGS INC | GNRC | 188,946 | $25.8M | 0.59% |
| 56 | ANTERO RESOURCES CORP | AR | 727,700 | $25.1M | 0.58% |
| 57 | TERAWULF INC | WULF | 2,164,500 | $24.9M | 0.57% |
| 58 | CACTUS INC | WHD | 504,900 | $23.1M | 0.53% |
| 59 | LINCOLN ELEC HLDGS INC | 533900106 | 94,800 | $22.7M | 0.52% |
| 60 | TASEKO MINES LTD | TGB | 3,672,900 | $20.8M | 0.48% |
| 61 | JAMES HARDIE INDS PLC | G4253H101 | 876,600 | $18.2M | 0.42% |
| 62 | HUT 8 CORP | HUT | 393,600 | $18.1M | 0.42% |
| 63 | STANDARD LITHIUM LTD | SLI | 4,037,000 | $18.0M | 0.42% |
| 64 | LIBERTY ENERGY INC | LBRT | 951,092 | $17.6M | 0.40% |
| 65 | WATERBRIDGE INFRASTRUCTURE L | WBI | 870,400 | $17.4M | 0.40% |
| 66 | SCORPIO TANKERS INC | STNG | 323,861 | $16.5M | 0.38% |
| 67 | DENISON MINES CORP | DNN | 5,903,300 | $15.7M | 0.36% |
| 68 | ELDORADO GOLD CORP NEW | 284902509 | 393,700 | $14.1M | 0.33% |
| 69 | KIRBY CORP | KEX | 122,300 | $13.5M | 0.31% |
| 70 | VIPER ENERGY INC | VNOM | 318,082 | $12.3M | 0.28% |
| 71 | STEEL DYNAMICS INC | STLD | 53,400 | $9.0M | 0.21% |
| 72 | TALEN ENERGY CORP | TLN | 23,908 | $9.0M | 0.21% |
| 73 | CAMECO CORP | CCJ | 88,854 | $8.1M | 0.19% |
| 74 | NEXTPOWER INC | NXT | 88,975 | $7.8M | 0.18% |
| 75 | TAMBORAN RES CORP | TBNRL | 70,000 | $1.9M | 0.04% |
| 76 | AUTOLIV INC | ALV | 6,400 | $759,680 | 0.02% |
| 77 | VISTEON CORP | VC | 5,200 | $494,520 | 0.01% |