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Encompass Capital Advisors LLC

CIK:0001541901
Hedge Fund
$5B AUM
65 holdings
New York, NY, United States
Founded:2012
17 employees
Latest filing:Jun 30, 2025

Encompass Capital Advisors LLC is a hedge fund based in New York, NY, founded in 2012. The firm specializes in energy sector investments and manages assets for institutional and pooled fund clients. As of 2025, it employs approximately 17 professionals, many of whom are investment staff, and serves a global investor base focusing on alternative investment vehicles.

Investment Strategy

Encompass Capital Advisors LLC focuses on long/short and event-driven equity strategies primarily in the energy sector, including traditional energy and energy transition themes. The firm aims to generate alpha by leveraging deep industry knowledge, fundamental research, and active risk management. The team invests globally, with a particular emphasis on identifying value and growth opportunities related to energy infrastructure, commodities, and technology shifts linked to the energy transition.

Top Buys
F
FLRFLUOR CORP NEW
+$107.2M
C
CSXCSX CORP
+$79.2M
D
DINOHF SINCLAIR CORP
+$70.4M
C
CCJCAMECO CORP
+$66.8M
E
EQTEQT CORP
+$64.1M
Top Sells
G
GEVGE VERNOVA INC
-$77.0M
F
FANGDIAMONDBACK ENERGY INC
-$75.5M
V
VRNVEREN INC
-$71.5M
O
OVVOVINTIV INC
-$70.0M
D
DVNDEVON ENERGY CORP NEW
-$63.6M

Top Holdings

N
NXTNEXTRACKER INC
+5.8%$158.7M
K
KEXKIRBY CORP
+5.1%$139.0M
S
SOCSABLE OFFSHORE CORP
+4.0%$108.8M
F
FLRFLUOR CORP NEW
+3.9%$107.2M
S
SEISOLARIS ENERGY INFRAS INC
+3.7%$102.6M

Equity Positions (59)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
N
NXT
NEXTRACKER INC5.80%$158.7M2,919,777$40.42$54.37+$47.9M
K
KEX
KIRBY CORP5.07%$139.0M1,225,338$96.20$113.41+$45.5M
S
SOC
SABLE OFFSHORE CORP3.97%$108.8M4,952,023$23.22$21.98+$40.5M
F
FLR
FLUOR CORP NEW3.91%$107.2M2,091,170$51.27$51.27+$107.2M
S
SEI
SOLARIS ENERGY INFRAS INC3.75%$102.6M3,627,158$14.95$28.29+$23.6M

Options Positions (4)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
E
ENPH
ENPHASE ENERGY INCNew
Put
$107.4M27,097$39.65$39.65+27,097+$107.4M
V
VST
VISTRA CORPNew
Call
$77.5M4,000$193.81$193.81+4,000+$77.5M
F
FSLR
FIRST SOLAR INCNew
Call
$49.7M3,000$165.54$165.54+3,000+$49.7M
F
FLR
FLUOR CORP NEWNew
Call
$25.6M5,000$51.27$51.27+5,000+$25.6M

Industry Allocation

CRUDE PETROLEUM & NATURAL GAS
+14.1%
SEMICONDUCTORS & RELATED DEVICES
+9.9%
ELECTRIC SERVICES
+7.8%
WATER TRANSPORTATION
+7.4%
SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS
+5.8%