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Portfolio (Quarterly) Guide ↗

Merewether Investment Management, LP

· CIK 0001736852
13F Portfolio $4.3B AUM Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 77 New
Page 1 of 4  ·  77 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 ENTERGY CORP NEW 1,796,900.0 $166.1M 3.82% NEW $92.43
2 XEL XCEL ENERGY INC Utilities 2,167,710.0 $160.1M 3.68% NEW $73.86 +8.1%
3 EXPAND ENERGY CORPORATION 1,329,075.0 $146.7M 3.37% NEW $110.36
4 SU SUNCOR ENERGY INC NEW Energy 3,277,504.0 $145.5M 3.35% NEW $44.39 +52.8%
5 OVV OVINTIV INC Energy 3,612,697.0 $141.6M 3.26% NEW $39.19 +50.2%
6 WMB WILLIAMS COS INC Energy 2,341,000.0 $140.7M 3.24% NEW $60.11 +29.6%
7 TRGP TARGA RES CORP Energy 749,577.0 $138.3M 3.18% NEW $184.50 +46.7%
8 SRE SEMPRA Utilities 1,547,132.0 $136.6M 3.14% NEW $88.29 +3.6%
9 NVT NVENT ELECTRIC PLC Industrials 1,335,574.0 $136.2M 3.13% NEW $101.97 +60.4%
10 DTM DT MIDSTREAM INC Energy 1,042,600.0 $124.8M 2.87% NEW $119.68 +24.7%
11 MTZ MASTEC INC Industrials 569,140.0 $123.7M 2.85% NEW $217.37 +78.9%
12 NRG NRG ENERGY INC Utilities 765,626.0 $121.9M 2.80% NEW $159.24 -14.0%
13 CNP CENTERPOINT ENERGY INC Utilities 2,897,000.0 $111.1M 2.55% NEW $38.34 +10.8%
14 BP BP PLC Energy 3,008,100.0 $104.5M 2.40% NEW $34.73 +29.2%
15 BUNGE GLOBAL SA 1,132,700.0 $100.9M 2.32% NEW $89.08
16 PRIM PRIMORIS SVCS CORP Industrials 781,700.0 $97.0M 2.23% NEW $124.14 -14.1%
17 FCX FREEPORT-MCMORAN INC Basic Materials 1,909,400.0 $97.0M 2.23% NEW $50.79 +22.7%
18 FANG DIAMONDBACK ENERGY INC Energy 640,250.0 $96.2M 2.21% NEW $150.33 +33.7%
19 PR PERMIAN RESOURCES CORP Energy 6,263,137.0 $87.9M 2.02% NEW $14.03 +48.9%
20 FSLR FIRST SOLAR INC Energy 325,100.0 $84.9M 1.95% NEW $261.23 -4.7%
Page 1 of 4  ·  77 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Energy 44.9%
Utilities 17.7%
Industrials 17.0%
Basic Materials 13.9%
Technology 2.9%
Consumer Cyclical 2.1%
Consumer Defensive 0.8%
Financial Services 0.6%