Kimmeridge Energy Management Company Reveals Changes in Holdings for Q3 and Q4 2022

The energy sector has been undergoing a lot of changes lately, with companies trying to keep up with the latest trends in the industry. Kimmeridge Energy Management Company, LLC, is one such company that has been making significant changes to its holdings in the past few months. In this article, we will take a closer look at their Q3 and Q4 2022 13F holdings to see what has changed and how it might impact the market.

Sitio Royalties Corp.

Kimmeridge Energy Management Company, LLC, held 36,495,520 shares of Sitio Royalties Corp. in both Q3 and Q4 2022. The value of these shares increased from $806,916 to $1,052,895, a significant increase of 30.5%. This increase in value shows that the company is still confident in the future of Sitio Royalties Corp. despite the uncertainty in the energy market.

Civitas Resources, Inc.

Kimmeridge Energy Management Company, LLC also held 11,644,497 shares of Civitas Resources, Inc. in both Q3 and Q4 2022. The value of these shares increased slightly from $668,278 to $674,565, an increase of just 0.9%. While this increase may seem small, it indicates that the company is still optimistic about the future of Civitas Resources despite the challenges facing the industry.

Chesapeake Energy Corp.

Chesapeake Energy Corp. is another company that Kimmeridge Energy Management Company, LLC invested in. However, the company did not make any changes to its 2,564,693 shares of Chesapeake Energy Corp. in Q3 and Q4 2022. The value of these shares only increased slightly from $241,620 to $242,030, an increase of just 0.2%. This indicates that the company may not be as confident in the future of Chesapeake Energy Corp. as it is in other companies.

California Resources Corp.

Kimmeridge Energy Management Company, LLC also held 3,487,616 shares of California Resources Corp. in both Q3 and Q4 2022. The value of these shares increased from $134,029 to $151,746, an increase of 13.2%. This increase in value indicates that the company is still confident in the future of California Resources Corp. despite the challenges facing the industry.

Enerplus Corp.

The company also invested in Enerplus Corp., holding 7,691,041 shares in both Q3 and Q4 2022. The value of these shares increased significantly from $108,982 to $135,746, an increase of 24.6%. This increase in value shows that Kimmeridge Energy Management Company, LLC is optimistic about the future of Enerplus Corp. despite the challenges facing the industry.

Silverbow Resources, Inc.

Kimmeridge Energy Management Company, LLC also held 3,281,356 shares of Silverbow Resources, Inc. in both Q3 and Q4 2022. The value of these shares increased from $88,203 to $92,796, an increase of 5.2%. This increase in value indicates that the company is still confident in the future of Silverbow Resources, despite the challenges facing the industry.

Callon Petroleum Co.

Finally, Kimmeridge Energy Management Company, LLC reduced its holdings of Callon Petroleum Co. from 5,200,780 shares in Q3 2022 to 1,386,917 shares in Q4 2022. The value of these shares decreased from $182,079 to $51,440, a significant decrease of 71.7%. This decrease in value indicates that the company is less confident in the future of Callon Petroleum Co. than it is in other companies.

Conclusion

Kimmeridge Energy Management Company, LLC made some significant changes to its holdings in Q3 and Q4 2022. While the company remained confident in some companies like Sitio Royalties Corp. and Enerplus Corp., it reduced its holdings in Callon Petroleum Co. This indicates that the company is always evaluating its investments and making changes based on the latest trends in the energy market.