Condire Management, LP Diversified Active

Location: Dallas, TX

CIK: 0001847739 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value: $691M (100.0% shares, 0.0% debt)

Holdings (20)

SDRL SEADRILL 2021 LTD 17.1%

Value $118M Shares 3,039,615 Share Price $38.93 Est. Cost/Share $37.50 Unrealized @ Report Date +3.4%

VAL VALARIS LTD 16.8%

Value $116M Shares 2,618,678 Share Price $44.24 * Est. Cost/Share $51.50 Unrealized @ Report Date -6.5%

NGD NEW GOLD INC CDA 11.8%

Value $81.19M Shares 32,739,918 Share Price $2.48 * Est. Cost/Share $1.90 Unrealized @ Report Date +45.1%

CHRD CHORD ENERGY CORPORATION 9.3%

Value $64.04M Shares 547,721 Share Price $116.92 Est. Cost/Share $75.73 Unrealized @ Report Date +56.2%

RYAM RAYONIER ADVANCED MATLS INC 7.6%

Value $52.44M Shares 6,356,130 Share Price $8.25 Est. Cost/Share $6.44 Unrealized @ Report Date +30.6%

HBM HUDBAY MINERALS INC 6.0%

Value $41.11M Shares 5,075,553 Share Price $8.10 * Est. Cost/Share $5.70 Unrealized @ Report Date +57.4%

CVE CENOVUS ENERGY INC 4.6%

Value $31.94M Shares 2,108,306 Share Price $15.15 * Est. Cost/Share $16.19 Unrealized @ Report Date -3.3%

AEM AGNICO EAGLE MINES LTD 4.5%

Value $31.28M Shares 400,000 Share Price $78.21 * Est. Cost/Share $47.56 Unrealized @ Report Date +70.6%

— ARCH RESOURCES INC 3.6%

Value $24.94M Shares 176,591 Share Price $141.22 Est. Cost/Share $114.66 Unrealized @ Report Date —

— OSISKO DEVELOPMENT CORP - COMMON RESTRICTED 2.8%

Value $19.61M Shares 12,000,000 Share Price $1.63 Est. Cost/Share $1.63 Unrealized @ Report Date —

— VITAL ENERGY INC 2.8%

Value $19.07M Shares 616,621 Share Price $30.92 Est. Cost/Share $30.92 Unrealized @ Report Date —

TDW TIDEWATER INC NEW 2.3%

Value $15.64M Shares 285,900 Share Price $54.71 * Est. Cost/Share $64.75 Unrealized @ Report Date -12.1%

CIVI CIVITAS RESOURCES INC 2.2%

Value $15.32M Shares 333,907 Share Price $45.87 Est. Cost/Share $46.35 Unrealized @ Report Date 0.0%

CDLR CADELER A S 2.0%

Value $13.94M Shares 624,400 Share Price $22.33 Est. Cost/Share $18.40 Unrealized @ Report Date —

SBSW SIBANYE STILLWATER LTD 1.8%

Value $12.51M Shares 3,790,555 Share Price $3.30 Est. Cost/Share $16.87 Unrealized @ Report Date —

XLE SELECT SECTOR SPDR TR 1.7%

Value $11.73M Shares 136,911 Share Price $85.66 Est. Cost/Share $88.44 Unrealized @ Report Date —

XOP SPDR SER TR 1.6%

Value $11.21M Shares 84,693 Share Price $132.37 Est. Cost/Share $140.86 Unrealized @ Report Date —

PPTA PERPETUA RESOURCES CORP 1.4%

Value $9.501M Shares 890,459 Share Price $10.67 * Est. Cost/Share $7.61 Unrealized @ Report Date +34.9%

MUX MCEWEN MNG INC 0.1%

Value $879K Shares 112,998 Share Price $7.78 * Est. Cost/Share $9.23 Unrealized @ Report Date -2.1%

ODV OSISKO DEVELOPMENT CORP 0.0%

Value $25,523 Shares 15,658 Share Price $1.63 * Est. Cost/Share $1.87 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SDRL	SEADRILL 2021 LTD	3,039,615	$118M	17.1%	$38.93	$37.50	+3.4%	COM	G7997W102
VAL	VALARIS LTD	2,618,678	$116M	16.8%	$44.24 *	$51.50	-6.5%	CL A	G9460G101
NGD	NEW GOLD INC CDA	32,739,918	$81.19M	11.8%	$2.48 *	$1.90	+45.1%	COM	644535106
CHRD	CHORD ENERGY CORPORATION	547,721	$64.04M	9.3%	$116.92	$75.73	+56.2%	COM NEW	674215207
RYAM	RAYONIER ADVANCED MATLS INC	6,356,130	$52.44M	7.6%	$8.25	$6.44	+30.6%	COM	75508B104
HBM	HUDBAY MINERALS INC	5,075,553	$41.11M	6.0%	$8.10 *	$5.70	+57.4%	COM	443628102
CVE	CENOVUS ENERGY INC	2,108,306	$31.94M	4.6%	$15.15 *	$16.19	-3.3%	COM	15135U109
AEM	AGNICO EAGLE MINES LTD	400,000	$31.28M	4.5%	$78.21 *	$47.56	+70.6%	COM	008474108
—	ARCH RESOURCES INC	176,591	$24.94M	3.6%	$141.22	$114.66	—	CL A	03940R107
—	OSISKO DEVELOPMENT CORP - COMMON RESTRICTED	12,000,000	$19.61M	2.8%	$1.63	$1.63	—	COM	68828E825
—	VITAL ENERGY INC	616,621	$19.07M	2.8%	$30.92	$30.92	—	COM	516806205
TDW	TIDEWATER INC NEW	285,900	$15.64M	2.3%	$54.71 *	$64.75	-12.1%	COM	88642R109
CIVI	CIVITAS RESOURCES INC	333,907	$15.32M	2.2%	$45.87	$46.35	0.0%	COM NEW	17888H103
CDLR	CADELER A S	624,400	$13.94M	2.0%	$22.33	$18.40	—	SPON ADR	12738K109
SBSW	SIBANYE STILLWATER LTD	3,790,555	$12.51M	1.8%	$3.30	$16.87	—	SPONSORED ADR	82575P107
XLE	SELECT SECTOR SPDR TR	136,911	$11.73M	1.7%	$85.66	$88.44	—	ENERGY	81369Y506
XOP	SPDR SER TR	84,693	$11.21M	1.6%	$132.37	$140.86	—	S&P OILGAS EXP	78468R556
PPTA	PERPETUA RESOURCES CORP	890,459	$9.501M	1.4%	$10.67 *	$7.61	+34.9%	COM	714266103
MUX	MCEWEN MNG INC	112,998	$879K	0.1%	$7.78 *	$9.23	-2.1%	COM NEW	58039P305
ODV	OSISKO DEVELOPMENT CORP	15,658	$25,523	0.0%	$1.63 *	$1.87	0.0%	COM NEW	68828E809