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Disclosery

Deep Basin Capital LP

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13F filer, CIK 1719655, STAMFORD, CT

Deep Basin Capital LP reported $394,359,000 across 38 holdings for the quarter ended 2020-03-31, in a 13F-HR filed 2020-05-15. Its ten largest share positions make up 61.15% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000950123-20-005342

Period
2020-03-31
Reported value
$394M
Holdings
38
Top 10 weight
61.15%
New
15
Sold out
24

Largest buys vs the previous quarter

SecurityShares changeApprox. value
CVXnew+229,102$16.6M
EQUITRANS MIDSTREAM CORP NPVnew+3,249,044$16.3M
BRIGHAM MINERALS INCadded+1,756,752$14.5M
WHDadded+1,099,798$12.8M
PDC ENERGY INCnew+1,898,235$11.8M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
COPexited-418,842-$27.2M
CONTINENTAL RES INCexited-788,990-$27.1M
CTRAreduced-1,226,006-$21.1M
OXYexited-495,445-$20.4M
SRC ENERGY INCexited-4,926,860-$20.3M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2020

Share positions as resolved from 13F-HR 0000950123-20-005342, largest first. % of portfolio is the value over $308,375,000, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
BRIGHAM MINERALS INCBRIGHAM MINERALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: not reported; 2019Q4: 1,287,320 shares; 2020Q1: 3,044,072 shares 3,044,072$25.2M8.16%+1,756,752
SPARTAN ENERGY ACQUISITION CSPARTAN ENERGY ACQUISITION CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 2,015,592 shares; 2019Q3: 2,015,592 shares; 2019Q4: 2,015,592 shares; 2020Q1: 2,015,592 shares 2,015,592$21.2M6.86%0
CIMAREX ENERGY CO COMCIMAREX ENERGY CO COMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 1,125,161 shares; 2019Q3: 1,405,250 shares; 2019Q4: 899,344 shares; 2020Q1: 1,205,475 shares 1,205,475$20.3M6.58%+306,131
Concho Resources Inc.Concho Resources Inc.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 475,533 shares; 2019Q3: not reported; 2019Q4: 616,084 shares; 2020Q1: 463,615 shares 463,615$19.9M6.44%-152,469
CTRACOTERRA ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 2,944,918 shares; 2019Q3: 2,015,355 shares; 2019Q4: 2,373,406 shares; 2020Q1: 1,147,400 shares 1,147,400$19.7M6.4%-1,226,006Timeline
WHDCACTUS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: 286,425 shares; 2019Q4: 490,199 shares; 2020Q1: 1,589,997 shares 1,589,997$18.4M5.98%+1,099,798Timeline
CVXCHEVRON CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 374,377 shares; 2019Q3: not reported; 2019Q4: not reported; 2020Q1: 229,102 shares 229,102$16.6M5.38%newTimeline
EQUITRANS MIDSTREAM CORP NPVEQUITRANS MIDSTREAM CORP NPVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 1,428,977 shares; 2019Q3: 950,511 shares; 2019Q4: not reported; 2020Q1: 3,249,044 shares 3,249,044$16.3M5.3%new
EQNREQUINOR ASAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: 1,568,106 shares; 2019Q4: 684,375 shares; 2020Q1: 1,281,507 shares 1,281,507$15.6M5.06%+597,132Timeline
PARSLEY ENERGY INCPARSLEY ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: not reported; 2019Q4: 1,237,457 shares; 2020Q1: 2,682,183 shares 2,682,183$15.4M4.98%+1,444,726
PAGPPLAINS GP HLDGS L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 4,449,708 shares; 2019Q3: 2,775,698 shares; 2019Q4: 1,980,823 shares; 2020Q1: 2,280,272 shares 2,280,272$12.8M4.15%+299,449Timeline
PDC ENERGY INCPDC ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 545,228 shares; 2019Q3: not reported; 2019Q4: not reported; 2020Q1: 1,898,235 shares 1,898,235$11.8M3.82%new
GTLSCHART INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: not reported; 2019Q4: not reported; 2020Q1: 396,562 shares 396,562$11.5M3.73%newTimeline
EQTEQT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 2,406,581 shares; 2019Q3: 2,741,238 shares; 2019Q4: 845,011 shares; 2020Q1: 1,485,230 shares 1,485,230$10.5M3.41%+640,219Timeline
BKRBAKER HUGHES COMPANYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: 790,978 shares; 2019Q4: 1,124,350 shares; 2020Q1: 886,535 shares 886,535$9.31M3.02%-237,815Timeline
WMBWILLIAMS COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: not reported; 2019Q4: not reported; 2020Q1: 500,628 shares 500,628$7.08M2.3%newTimeline
TALOTALOS ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: not reported; 2019Q4: not reported; 2020Q1: 1,228,502 shares 1,228,502$7.06M2.29%newTimeline
EOGEOG RES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 619,348 shares; 2019Q3: 393,721 shares; 2019Q4: 238,830 shares; 2020Q1: 184,469 shares 184,469$6.63M2.15%-54,361Timeline
PUMPPROPETRO HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: 2,003,068 shares; 2019Q4: 4,099,827 shares; 2020Q1: 2,630,013 shares 2,630,013$6.58M2.13%-1,469,814Timeline
LNGCHENIERE ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 806,682 shares; 2019Q3: 595,326 shares; 2019Q4: 164,224 shares; 2020Q1: 181,821 shares 181,821$6.09M1.98%+17,597Timeline
WPX ENERGY INCWPX ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 7,679,105 shares; 2019Q3: 1,558,345 shares; 2019Q4: 3,273,082 shares; 2020Q1: 1,865,697 shares 1,865,697$5.69M1.85%-1,407,385
CNQCANADIAN NAT RES LTD MED TERQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: 669,455 shares; 2019Q4: 811,337 shares; 2020Q1: 387,882 shares 387,882$5.31M1.72%-423,455Timeline
TRGPTARGA RES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 565,032 shares; 2019Q3: 768,204 shares; 2019Q4: 723,229 shares; 2020Q1: 761,259 shares 761,259$5.26M1.71%+38,030Timeline
BPBP PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 587,086 shares; 2019Q3: 1,108,490 shares; 2019Q4: 736,737 shares; 2020Q1: 211,141 shares 211,141$5.15M1.67%-525,596Timeline
VISTVISTA ENERGY S.A.B. DE C.V.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: not reported; 2019Q3: 941,105 shares; 2019Q4: 1,313,012 shares; 2020Q1: 1,856,449 shares 1,856,449$3.71M1.2%+543,437Timeline
GOODRICH PETE CORP COM PARGOODRICH PETE CORP COM PARQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 574,095 shares; 2019Q3: 574,195 shares; 2019Q4: 650,381 shares; 2020Q1: 650,381 shares 650,381$2.77M0.9%0
DVNDEVON ENERGY CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: 1,429,425 shares; 2019Q3: 1,034,236 shares; 2019Q4: 1,004,623 shares; 2020Q1: 372,852 shares 372,852$2.58M0.84%-631,771Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
EPDENTERPRISE PRODS PARTNERS L COMput950,000$13.6Mnew
XOMEXXON MOBIL CORP COMput350,000$13.3M-275,000
OKEONEOK INC NEW COMput400,000$8.72M-50,000
HALHALLIBURTON CO Stockput1,200,000$8.22Mnew
OXYOCCIDENTAL PETE CORP COMput700,000$8.11Mnew
FANGDIAMONDBACK ENERGY INC Stockput300,000$7.86Mnew
TRGPTARGA RES CORP Stockput1,000,000$6.91Mnew
COPCONOCOPHILLIPS COMput200,000$6.16Mnew
ENBENBRIDGE INC Stockput200,000$5.82Mnew
PIONEER NATURAL RESOURCES COPIONEER NATURAL RESOURCES CO COMput80,000$5.61Mnew
CALIFORNIA RES CORPCALIFORNIA RES CORP COM NEWput1,700,000$1.7Mnew

Sold out in Q1 2020

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
TRGPTARGA RES CORP1,000,000$40.8Mcall
HESS CORPHESS CORP520,000$34.7Mput
COPCONOCOPHILLIPS418,842$27.2Mshares
CONTINENTAL RES INCCONTINENTAL RES INC788,990$27.1Mshares
EOGEOG RES INC300,000$25.1Mcall
APACHE CORPAPACHE CORP820,000$21Mput
OXYOCCIDENTAL PETE CORP495,445$20.4Mshares
SRC ENERGY INCSRC ENERGY INC4,926,860$20.3Mshares
JAGGED PEAK ENERGY INCJAGGED PEAK ENERGY INC2,339,931$19.9Mshares
SOUTHWESTERN ENERGY COSOUTHWESTERN ENERGY CO7,500,000$18.1Mput
PIONEER NATURAL RESOURCES COPIONEER NATURAL RESOURCES CO113,438$17.2Mshares
KOSKOSMOS ENERGY LTD2,861,917$16.3Mshares
TORTOISE ACQUISITION CORPTORTOISE ACQUISITION CORP1,500,000$15.5Mshares
CIMAREX ENERGY CO COMCIMAREX ENERGY CO COM280,000$14.7Mcall
MURMURPHY OIL CORP500,000$13.4Mput
RRCRANGE RES CORP2,500,000$12.1Mcall
BRYBerry Corp1,258,453$11.9Mshares
EQTEQT CORP1,000,000$10.9Mcall
SUSUNCOR ENERGY INC NEW257,407$8.44Mshares
VITAL ENERGY INCVITAL ENERGY INC2,700,000$7.75Mcall
NEXTIER OILFIELD SOLUTIONS …NEXTIER OILFIELD SOLUTIONS INC1,020,832$6.84Mshares
CALLON PETE CO DELCALLON PETE CO DEL1,277,646$6.17Mshares
CENTENNIAL RESOURCE DEV INCCENTENNIAL RESOURCE DEV INC1,297,155$5.99Mshares
RRCRANGE RES CORP523,435$2.54Mshares

How Q1 2020 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000950123-20-005342 base2020-05-15acceptance time not in the bulk data set