Sourcerock Group LLC Quant / Systematic

Location: Denver, CO

CIK: 0001822531 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value: $1.01B (100.0% shares, 0.0% debt)

Holdings (31)

CIVI CIVITAS RESOURCES INC 13.4%

Value $135M Shares 1,972,998 Share Price $68.38 * Est. Cost/Share $45.77 Unrealized @ Report Date +32.7%

TALO TALOS ENERGY INC 10.5%

Value $106M Shares 7,465,773 Share Price $14.23 * Est. Cost/Share $14.10 Unrealized @ Report Date +3.7%

CHRD CHORD ENERGY CORPORATION 10.5%

Value $106M Shares 637,751 Share Price $166.23 * Est. Cost/Share $104.51 Unrealized @ Report Date +38.0%

NE NOBLE CORP PLC 10.0%

Value $101M Shares 2,101,476 Share Price $48.16 * Est. Cost/Share $32.32 Unrealized @ Report Date +27.5%

AR ANTERO RESOURCES CORP 8.3%

Value $83.85M Shares 3,697,280 Share Price $22.68 * Est. Cost/Share $25.35 Unrealized @ Report Date 0.0%

ARRY ARRAY TECHNOLOGIES INC 7.3%

Value $74.04M Shares 4,407,380 Share Price $16.80 * Est. Cost/Share $20.31 Unrealized @ Report Date -15.0%

SDRL SEADRILL 2021 LTD 6.8%

Value $69.18M Shares 1,463,145 Share Price $47.28 * Est. Cost/Share $39.28 Unrealized @ Report Date +8.0%

XPRO EXPRO GROUP HOLDINGS NV 4.9%

Value $49.16M Shares 3,087,676 Share Price $15.92 * Est. Cost/Share $19.00 Unrealized @ Report Date -9.1%

TS TENARIS S A 4.5%

Value $45.91M Shares 1,320,780 Share Price $34.76 Est. Cost/Share $33.97 Unrealized @ Report Date —

OVV OVINTIV INC 3.9%

Value $39.74M Shares 904,938 Share Price $43.92 * Est. Cost/Share $37.88 Unrealized @ Report Date +20.5%

HAL HALLIBURTON CO 3.8%

Value $37.93M Shares 1,049,177 Share Price $36.15 Est. Cost/Share $34.37 Unrealized @ Report Date +6.0%

EXE CHESAPEAKE ENERGY CORP 3.3%

Value $33.08M Shares 430,000 Share Price $76.94 Est. Cost/Share $77.05 Unrealized @ Report Date 0.0%

OII OCEANEERING INTL INC 2.7%

Value $27.05M Shares 1,271,138 Share Price $21.28 * Est. Cost/Share $11.91 Unrealized @ Report Date +86.0%

DAR DARLING INGREDIENTS INC 2.0%

Value $19.94M Shares 400,000 Share Price $49.84 * Est. Cost/Share $45.39 Unrealized @ Report Date 0.0%

FSLR FIRST SOLAR INC 1.6%

Value $16.04M Shares 93,086 Share Price $172.28 * Est. Cost/Share $174.83 Unrealized @ Report Date -12.5%

XLU SELECT SECTOR SPDR TR 0.9%

Value $9.534M Shares 150,540 Share Price $63.33 Est. Cost/Share $66.66 Unrealized @ Report Date —

TRGP TARGA RES CORP 0.9%

Value $8.72M Shares 100,376 Share Price $86.87 * Est. Cost/Share $64.62 Unrealized @ Report Date +26.9%

PTEN PATTERSON-UTI ENERGY INC 0.8%

Value $8.301M Shares 768,583 Share Price $10.80 * Est. Cost/Share $12.16 Unrealized @ Report Date 0.0%

— ENERPLUS CORP 0.8%

Value $7.672M Shares 500,000 Share Price $15.34 Est. Cost/Share $15.34 Unrealized @ Report Date —

— SOUTHWESTERN ENERGY CO 0.6%

Value $5.895M Shares 900,000 Share Price $6.55 Est. Cost/Share $6.55 Unrealized @ Report Date —

LNG CHENIERE ENERGY INC 0.5%

Value $5.498M Shares 32,205 Share Price $170.71 Est. Cost/Share $146.18 Unrealized @ Report Date +17.5%

IEF ISHARES TR 0.4%

Value $4.188M Shares 43,450 Share Price $96.39 Est. Cost/Share $96.39 Unrealized @ Report Date —

— MRC GLOBAL INC 0.4%

Value $4.007M Shares 363,936 Share Price $11.01 Est. Cost/Share $11.01 Unrealized @ Report Date —

TLT ISHARES TR 0.4%

Value $3.728M Shares 37,700 Share Price $98.88 Est. Cost/Share $93.28 Unrealized @ Report Date —

PBA PEMBINA PIPELINE CORP 0.2%

Value $2.011M Shares 58,433 Share Price $34.42 * Est. Cost/Share $27.88 Unrealized @ Report Date +5.0%

MTZ MASTEC INC 0.2%

Value $1.893M Shares 25,000 Share Price $75.72 * Est. Cost/Share $62.54 Unrealized @ Report Date 0.0%

XEL XCEL ENERGY INC 0.2%

Value $1.566M Shares 25,300 Share Price $61.91 * Est. Cost/Share $55.51 Unrealized @ Report Date 0.0%

— ATLANTICA SUSTAINABLE INFR P 0.1%

Value $1.266M Shares 58,900 Share Price $21.50 Est. Cost/Share $21.50 Unrealized @ Report Date —

ED CONSOLIDATED EDISON INC 0.1%

Value $546K Shares 6,000 Share Price $90.97 * Est. Cost/Share $83.05 Unrealized @ Report Date 0.0%

EXC EXELON CORP 0.1%

Value $510K Shares 14,200 Share Price $35.90 Est. Cost/Share $35.51 Unrealized @ Report Date 0.0%

XIFR NEXTERA ENERGY PARTNERS LP 0.0%

Value $335K Shares 11,000 Share Price $30.41 * Est. Cost/Share $25.48 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CIVI	CIVITAS RESOURCES INC	1,972,998	$135M	13.4%	$68.38 *	$45.77	+32.7%	COM NEW	17888H103
TALO	TALOS ENERGY INC	7,465,773	$106M	10.5%	$14.23 *	$14.10	+3.7%	COM	87484T108
CHRD	CHORD ENERGY CORPORATION	637,751	$106M	10.5%	$166.23 *	$104.51	+38.0%	COM NEW	674215207
NE	NOBLE CORP PLC	2,101,476	$101M	10.0%	$48.16 *	$32.32	+27.5%	ORD SHS A	G65431127
AR	ANTERO RESOURCES CORP	3,697,280	$83.85M	8.3%	$22.68 *	$25.35	0.0%	COM	03674X106
ARRY	ARRAY TECHNOLOGIES INC	4,407,380	$74.04M	7.3%	$16.80 *	$20.31	-15.0%	COM SHS	04271T100
SDRL	SEADRILL 2021 LTD	1,463,145	$69.18M	6.8%	$47.28 *	$39.28	+8.0%	COM	G7997W102
XPRO	EXPRO GROUP HOLDINGS NV	3,087,676	$49.16M	4.9%	$15.92 *	$19.00	-9.1%	COM	N3144W105
TS	TENARIS S A	1,320,780	$45.91M	4.5%	$34.76	$33.97	—	SPONSORED ADS	88031M109
OVV	OVINTIV INC	904,938	$39.74M	3.9%	$43.92 *	$37.88	+20.5%	COM	69047Q102
HAL	HALLIBURTON CO	1,049,177	$37.93M	3.8%	$36.15	$34.37	+6.0%	COM	406216101
EXE	CHESAPEAKE ENERGY CORP	430,000	$33.08M	3.3%	$76.94	$77.05	0.0%	COM	165167735
OII	OCEANEERING INTL INC	1,271,138	$27.05M	2.7%	$21.28 *	$11.91	+86.0%	COM	675232102
DAR	DARLING INGREDIENTS INC	400,000	$19.94M	2.0%	$49.84 *	$45.39	0.0%	COM	237266101
FSLR	FIRST SOLAR INC	93,086	$16.04M	1.6%	$172.28 *	$174.83	-12.5%	COM	336433107
XLU	SELECT SECTOR SPDR TR	150,540	$9.534M	0.9%	$63.33	$66.66	—	SBI INT-UTILS	81369Y886
TRGP	TARGA RES CORP	100,376	$8.72M	0.9%	$86.87 *	$64.62	+26.9%	COM	87612G101
PTEN	PATTERSON-UTI ENERGY INC	768,583	$8.301M	0.8%	$10.80 *	$12.16	0.0%	COM	703481101
—	ENERPLUS CORP	500,000	$7.672M	0.8%	$15.34	$15.34	—	COM	292766102
—	SOUTHWESTERN ENERGY CO	900,000	$5.895M	0.6%	$6.55	$6.55	—	COM	845467109
LNG	CHENIERE ENERGY INC	32,205	$5.498M	0.5%	$170.71	$146.18	+17.5%	COM NEW	16411R208
IEF	ISHARES TR	43,450	$4.188M	0.4%	$96.39	$96.39	—	7-10 YR TRSY BD	464287440
—	MRC GLOBAL INC	363,936	$4.007M	0.4%	$11.01	$11.01	—	COM	55345K103
TLT	ISHARES TR	37,700	$3.728M	0.4%	$98.88	$93.28	—	20 YR TR BD ETF	464287432
PBA	PEMBINA PIPELINE CORP	58,433	$2.011M	0.2%	$34.42 *	$27.88	+5.0%	COM	706327103
MTZ	MASTEC INC	25,000	$1.893M	0.2%	$75.72 *	$62.54	0.0%	COM	576323109
XEL	XCEL ENERGY INC	25,300	$1.566M	0.2%	$61.91 *	$55.51	0.0%	COM	98389B100
—	ATLANTICA SUSTAINABLE INFR P	58,900	$1.266M	0.1%	$21.50	$21.50	—	SHS	G0751N103
ED	CONSOLIDATED EDISON INC	6,000	$546K	0.1%	$90.97 *	$83.05	0.0%	COM	209115104
EXC	EXELON CORP	14,200	$510K	0.1%	$35.90	$35.51	0.0%	COM	30161N101
XIFR	NEXTERA ENERGY PARTNERS LP	11,000	$335K	0.0%	$30.41 *	$25.48	0.0%	COM UNIT PART IN	65341B106