Merewether Investment Management, LP Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$4.3T

Holdings

77

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (77 positions)

#StockSharesValue% PortfolioType
1
ETRENTERGY CORP NEW
1,796,900$166.1B3.82%
2
XELXCEL ENERGY INC
2,167,710$160.1B3.68%
3
EXEEXPAND ENERGY CORPORATION
1,329,075$146.7B3.37%
4
SUSUNCOR ENERGY INC NEW
3,277,504$145.5B3.35%
5
OVVOVINTIV INC
3,612,697$141.6B3.26%
6
WMBWILLIAMS COS INC
2,341,000$140.7B3.24%
7
TRGPTARGA RES CORP
749,577$138.3B3.18%
8
SRESEMPRA
1,547,132$136.6B3.14%
9
NVTNVENT ELECTRIC PLC
1,335,574$136.2B3.13%
10
DTMDT MIDSTREAM INC
1,042,600$124.8B2.87%
11
MTZMASTEC INC
569,140$123.7B2.85%
12
NRANRG ENERGY INC
765,626$121.9B2.80%
13
CNPCENTERPOINT ENERGY INC
2,897,000$111.1B2.55%
14
BPBP PLC
3,008,100$104.5B2.40%
15
BGBUNGE GLOBAL SA
1,132,700$100.9B2.32%
16
PRIMPRIMORIS SVCS CORP
781,700$97.0B2.23%
17
FCXFREEPORT-MCMORAN INC
1,909,400$97.0B2.23%
18
FANGDIAMONDBACK ENERGY INC
640,250$96.2B2.21%
19
PRPERMIAN RESOURCES CORP
6,263,137$87.9B2.02%
20
FSLRFIRST SOLAR INC
325,100$84.9B1.95%
21
XOMEXXON MOBIL CORP
701,493$84.4B1.94%
22
QQNITY ELECTRONICS INC
878,048$71.7B1.65%
23
LNGCHENIERE ENERGY INC
348,600$67.8B1.56%
24
FTITECHNIPFMC PLC
1,511,128$67.3B1.55%
25
VSTVISTRA CORP
397,322$64.1B1.47%
26
VLOVALERO ENERGY CORP
359,131$58.5B1.34%
27
BBARRICK MNG CORP
1,331,000$58.0B1.33%
28
IMGIAMGOLD CORP
3,335,790$55.0B1.27%
29
CTRACOTERRA ENERGY INC
2,073,500$54.6B1.26%
30
CMICUMMINS INC
106,060$54.1B1.25%
31
GMGENERAL MTRS CO
633,300$51.5B1.18%
32
DDDUPONT DE NEMOURS INC
1,246,796$50.1B1.15%
33
LGNLEGENCE CORP
1,134,422$48.8B1.12%
34
AAALCOA CORP
882,200$46.9B1.08%
35
HUBBHUBBELL INC
102,920$45.7B1.05%
36
BKVBKV CORP
1,676,217$45.5B1.05%
37
EQTEQT CORP
845,286$45.3B1.04%
38
FIXCOMFORT SYS USA INC
46,349$43.3B0.99%
39
AYIACUITY INC
116,000$41.8B0.96%
40
CLFCLEVELAND-CLIFFS INC NEW
3,096,600$41.1B0.95%
41
ATOATMOS ENERGY CORP
238,236$39.9B0.92%
42
SHELSHELL PLC
539,421$39.6B0.91%
43
CVECENOVUS ENERGY INC
2,076,591$35.1B0.81%
44
CTRICENTURI HOLDINGS INC
1,344,000$33.9B0.78%
45
NUENUCOR CORP
203,900$33.3B0.76%
46
SLBSLB LIMITED
857,300$32.9B0.76%
47
CGCENTERRA GOLD INC
2,253,100$32.4B0.75%
48
DARDARLING INGREDIENTS INC
878,114$31.6B0.73%
49
STSENSATA TECHNOLOGIES HLDG PL
904,600$30.1B0.69%
50
CNRCORE NATURAL RESOURCES INC
339,400$30.0B0.69%
51
GTXGARRETT MOTION INC
1,686,100$29.4B0.68%
52
UEOWESTLAKE CORPORATION
388,100$28.7B0.66%
53
ARISARIS MNG CORP
1,694,800$27.5B0.63%
54
PARRPAR PAC HOLDINGS INC
734,400$25.8B0.59%
55
GNRCGENERAC HLDGS INC
188,946$25.8B0.59%
56
ARANTERO RESOURCES CORP
727,700$25.1B0.58%
57
WULFTERAWULF INC
2,164,500$24.9B0.57%
58
WHDCACTUS INC
504,900$23.1B0.53%
59
LECOLINCOLN ELEC HLDGS INC
94,800$22.7B0.52%
60
TGBTASEKO MINES LTD
3,672,900$20.8B0.48%
61
JHXJAMES HARDIE INDS PLC
876,600$18.2B0.42%
62
HUTHUT 8 CORP
393,600$18.1B0.42%
63
SLISTANDARD LITHIUM LTD
4,037,000$18.0B0.42%
64
LBRTLIBERTY ENERGY INC
951,092$17.6B0.40%
65
WBIWATERBRIDGE INFRASTRUCTURE L
870,400$17.4B0.40%
66
STNGSCORPIO TANKERS INC
323,861$16.5B0.38%
67
DMLDENISON MINES CORP
5,903,300$15.7B0.36%
68
ELDELDORADO GOLD CORP NEW
393,700$14.1B0.33%
69
KEXKIRBY CORP
122,300$13.5B0.31%
70
VNOMVIPER ENERGY INC
318,082$12.3B0.28%
71
STLDSTEEL DYNAMICS INC
53,400$9.0B0.21%
72
TLNTALEN ENERGY CORP
23,908$9.0B0.21%
73
CCOCAMECO CORP
88,854$8.1B0.19%
74
NXTNEXTPOWER INC
88,975$7.8B0.18%
75
TBNTAMBORAN RES CORP
70,000$1.9B0.04%
76
ALVAUTOLIV INC
6,400$759.0M0.02%
77
VCVISTEON CORP
5,200$494.0M0.01%