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EnCap Energy Capital Fund XI, L.P.

CIK 1693946 · latest 13F filed 17 February 2026 · Read the filing on EDGAR

EnCap Energy Capital Fund XI, L.P. reported 3 US-listed holdings worth $1.14 billion in its 13F for the quarter ended 31 December 2025, filed 17 February 2026. Its largest: Diamondback Energy, Inc. (38.2%), Devon Energy Corp. (38.0%) and Permian Resources Corp. (23.8%). Against the quarter before, it opened 0 positions, added to 1, trimmed 0 and sold out of 0.

Its latest 13F is for the quarter ended 31 December 2025; it has not filed one for a later quarter.

Reported holdings$1.14B+7.4% on Q3 2025
Positions3as many as Q3 2025
The largest ten100.0%of its reported holdings
Latest 13FQ4 2025filed 17 February 2026
Where the money is
Added toHeld
FANG38.2%DVN38.0%PR23.8%

The 3 largest of its 3 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q3 2025.

Reported holdings, quarter by quarter
Q3 2024: $724.4 million in 2 positions$724MQ3 24Q4 2024: $663.8 million in 2 positions$664MQ4 24Q1 2025: $708.7 million in 2 positions$709MQ1 25Q2 2025: $1.02 billion in 3 positions$1.02BQ2 25Q3 2025: $1.06 billion in 3 positions$1.06BQ3 25Q4 2025: $1.14 billion in 3 positions$1.14BQ4 25

What the fund reported holding at each quarter's end; hover a bar for the number of positions

What it did on the quarter

Added 1Held 2
Added: 1Held: 2

Its positions against its 13F for the quarter to 30 September 2025; a change under 0.1% of a position counts as held

Added to 1

  1. Diamondback Energy, Inc. FANG+107,369 shares · +4%

What it holds

CompanySharesValueOf its bookChange in shares
Diamondback Energy, Inc. FANG2,896,632$435.5 million38.25%+107,369
Devon Energy Corp. DVN11,806,148$432.5 million37.98%no change
Permian Resources Corp. PR19,291,053$270.7 million23.77%no change
Every US-listed position in the fund's 13F for the quarter ended 31 December 2025, by the value it reported.
Read moreChange is shares against its 13F for the quarter before.