# EDGAR Filing Document

**Accession Number:** 0001755028
**File Stem:** 0001755028-26-000004
**Filing Date:** 2026-5
**Character Count:** 14868
**Document Hash:** 03f781ffe7ca0af38bce069d9edddd9e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001755028-26-000004.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001755028-26-000004

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yaupon Capital Management LP
- **CENTRAL INDEX KEY:** 0001755028

**ORGANIZATION NAME:**
- **EIN:** 830878771
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19371
- **FILM NUMBER:** 26983315

**BUSINESS ADDRESS:**
- **STREET 1:** 340 MADISON AVE, SUITE 300A
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10173
- **BUSINESS PHONE:** 6467553825

**MAIL ADDRESS:**
- **STREET 1:** 340 MADISON AVE, SUITE 300A
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10173

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Yaupon Capital Management LP<br>**Address:** 340 MADISON AVE SUITE 300A<br>NEW YORK, NY 10173

**Form 13F File Number:** 028-19371

**CRD Number (if applicable):** 000298556

**SEC File Number (if applicable):** 801-114061

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Steve Pattyn<br>**Title:** Managing Member of the General Partner<br>**Phone:** 646-561-9651

**Signature, Place, and Date of Signing:**

/s/Steve Pattyn  New York, NY  05-15-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 98

**Form 13F Information Table Value Total:** $3203518338

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AES CORP | COM | 00130H105 | BBG001S6B1L5 | 33758795 | 2395940 | SH |  | SOLE |  | 2395940 | 0 | 0 |
| ALUSSA ENERGY ACQUISIT CORP | *W EXP 04/10/202 | G0233J118 |  | 132000 | 366666 | SH |  | SOLE |  | 366666 | 0 | 0 |
| ALUSSA ENERGY ACQUISIT CORP | ORD SHS CL A | G0233J100 | BBG01YJGVMK3 | 10978798 | 1100080 | SH |  | SOLE |  | 1100080 | 0 | 0 |
| AMEREN CORP | COM | 023608102 | BBG001S5NF24 | 44286438 | 402897 | SH |  | SOLE |  | 402897 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 43262875 | 317899 | SH |  | SOLE |  | 317899 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 68045000 | 500000 | SH | Call | SOLE |  | 500000 | 0 | 0 |
| AMPHENOL CORP | CL A | 032095101 | BBG001S5NSK6 | 101080000 | 800000 | SH | Put | SOLE |  | 800000 | 0 | 0 |
| ASP ISOTOPES INC | COM | 00218A105 | BBG013Y062L0 | 1326000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 | BBG001S5N9P3 | 19190675 | 470475 | SH |  | SOLE |  | 470475 | 0 | 0 |
| BKV CORP | COM | 05603J108 | BBG00YNGK494 | 58190925 | 2040355 | SH |  | SOLE |  | 2040355 | 0 | 0 |
| BLACK HILLS CORP | COM | 092113109 | BBG001S5P6X8 | 17119907 | 246649 | SH |  | SOLE |  | 246649 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 44568455 | 948265 | SH |  | SOLE |  | 948265 | 0 | 0 |
| CADELER A S | SPON ADR | 12738K109 | BBG01KFX5HW7 | 2261986 | 96132 | SH |  | SOLE |  | 96132 | 0 | 0 |
| CANTOR EQUITY PARTNERS IV IN | SHS CL A | G1828E100 | BBG01W7FHVM6 | 3180238 | 312094 | SH |  | SOLE |  | 312094 | 0 | 0 |
| CANTOR EQUITY PARTNERS V INC | SHS CL A S | G1828S109 | BBG01WSV5YJ9 | 103535 | 10251 | SH |  | SOLE |  | 10251 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 | BBG001T2PJV8 | 75878692 | 2860109 | SH |  | SOLE |  | 2860109 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 | BBG001SB10S0 | 28377398 | 657493 | SH |  | SOLE |  | 657493 | 0 | 0 |
| CENTURY ALUM CO | COM | 156431108 | BBG001S766G4 | 12395387 | 211201 | SH |  | SOLE |  | 211201 | 0 | 0 |
| CHEMOURS CO | COM | 163851108 | BBG005H82GC1 | 5973082 | 271134 | SH |  | SOLE |  | 271134 | 0 | 0 |
| CLEARWAY ENERGY INC | CL A | 18539C105 | BBG004P33PP1 | 10884168 | 277870 | SH |  | SOLE |  | 277870 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 | BBG001S5PYJ3 | 35109838 | 452563 | SH |  | SOLE |  | 452563 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 | BBG001S5S6N6 | 27828645 | 116824 | SH |  | SOLE |  | 116824 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 27715380 | 209965 | SH |  | SOLE |  | 209965 | 0 | 0 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 | BBG00HC115M9 | 11854598 | 113192 | SH |  | SOLE |  | 113192 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 | BBG01L5GH1G3 | 7738838 | 517302 | SH |  | SOLE |  | 517302 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 | BBG001S6H6Y4 | 95258426 | 2710826 | SH |  | SOLE |  | 2710826 | 0 | 0 |
| CSX CORP | COM | 126408103 | BBG001S5Q7Q3 | 55517293 | 1352431 | SH |  | SOLE |  | 1352431 | 0 | 0 |
| CSX CORP | COM | 126408103 | BBG001S5Q7Q3 | 41050000 | 1000000 | SH | Call | SOLE |  | 1000000 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 | BBG001SB7RP8 | 5920777 | 95728 | SH |  | SOLE |  | 95728 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 | BBG0112Z58K1 | 25191640 | 187062 | SH |  | SOLE |  | 187062 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 | BBG001S5QN88 | 37367252 | 255555 | SH |  | SOLE |  | 255555 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 44222104 | 337728 | SH |  | SOLE |  | 337728 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 | BBG001S67KF5 | 21298962 | 189560 | SH |  | SOLE |  | 189560 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 | BBG001S67KF5 | 22472000 | 200000 | SH | Call | SOLE |  | 200000 | 0 | 0 |
| EQT CORP | COM | 26884L109 | BBG001S5QXJ4 | 29339440 | 461022 | SH |  | SOLE |  | 461022 | 0 | 0 |
| EQUINOR ASA | SPONSORED ADR | 29446M102 | BBG001SJ3R93 | 21100000 | 500000 | SH | Put | SOLE |  | 500000 | 0 | 0 |
| EXCELERATE ENERGY INC | CL A COM | 30069T101 | BBG014GJSS81 | 6583406 | 196990 | SH |  | SOLE |  | 196990 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 141360712 | 833200 | SH | Put | SOLE |  | 833200 | 0 | 0 |
| FLOWCO HLDGS INC | COM CL A | 342909108 | BBG01R6F2P38 | 9363627 | 454545 | SH |  | SOLE |  | 454545 | 0 | 0 |
| FORGENT POWER SOLUTIONS INC | COM SHS CL A | 34631F102 | BBG01ZJ9DSC2 | 11708000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| H2O AMERICA | COM | 784305104 | BBG001S5W3N8 | 52535171 | 895435 | SH |  | SOLE |  | 895435 | 0 | 0 |
| HENNESSY CAP INVTS CORP VIII | ORD CL A | G44055104 | BBG01YX81P03 | 4915000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| HENNESSY CAP INVTS CORP VIII | RIGHT 02/02/2031 | G44055120 | BBG021BH2Q05 | 95000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 | BBG0135B2269 | 416828 | 6681 | SH |  | SOLE |  | 6681 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 | BBG001SL27N7 | 13632757 | 652285 | SH |  | SOLE |  | 652285 | 0 | 0 |
| HUT 8 CORP | COM | 44812J104 | BBG00390LJJ8 | 42515284 | 906316 | SH |  | SOLE |  | 906316 | 0 | 0 |
| IDACORP INC | COM | 451107106 | BBG001S5S4M2 | 16111289 | 112690 | SH |  | SOLE |  | 112690 | 0 | 0 |
| INFINITY NAT RES INC | COM CL A | 456941103 | BBG01Q5ST2P1 | 9583503 | 544208 | SH |  | SOLE |  | 544208 | 0 | 0 |
| KARBON CAP PARTNERS CORP | *W EXP 12/11/203 | G5225W118 |  | 147036 | 367499 | SH |  | SOLE |  | 367499 | 0 | 0 |
| KARBON CAP PARTNERS CORP | ORD SHS CL A | G5225W100 | BBG01ZBB4QL9 | 14780850 | 1470000 | SH |  | SOLE |  | 1470000 | 0 | 0 |
| KIMBELL RTY PARTNERS LP | UNIT | 49435R102 | BBG00FQH6N85 | 7453497 | 515100 | SH |  | SOLE |  | 515100 | 0 | 0 |
| KIRBY CORP | COM | 497266106 | BBG001S5SKT9 | 21996955 | 165540 | SH |  | SOLE |  | 165540 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 | BBG0073F9RS8 | 15595650 | 22192 | SH |  | SOLE |  | 22192 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES NV | SHS - A - | N53745100 | BBG001T8LMY9 | 22730085 | 282151 | SH |  | SOLE |  | 282151 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 | BBG001T3L5S4 | 24634451 | 389909 | SH |  | SOLE |  | 389909 | 0 | 0 |
| MDU RES GROUP INC | COM | 552690109 | BBG001S5T2W4 | 11355078 | 548025 | SH |  | SOLE |  | 548025 | 0 | 0 |
| NATIONAL FUEL GAS CO | COM | 636180101 | BBG001S5TLR8 | 98025837 | 1043272 | SH |  | SOLE |  | 1043272 | 0 | 0 |
| NEXTDECADE CORP | COM | 65342K105 | BBG008GC7WN5 | 15801048 | 2062800 | SH | Call | SOLE |  | 2062800 | 0 | 0 |
| NEXTPOWER INC | CLASS A COM | 65290E101 | BBG00835TQ17 | 11224411 | 93110 | SH |  | SOLE |  | 93110 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 | BBG001S5TMF9 | 57993481 | 1242895 | SH |  | SOLE |  | 1242895 | 0 | 0 |
| NORTHWESTERN ENERGY GROUP IN | COM NEW | 668074305 | BBG001SM2G73 | 6918557 | 104922 | SH |  | SOLE |  | 104922 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 | BBG001S5TVY8 | 15302645 | 319071 | SH |  | SOLE |  | 319071 | 0 | 0 |
| OPAL FUELS INC | CLASS A COM | 68347P103 | BBG00Z8LJ952 | 1967344 | 780692 | SH |  | SOLE |  | 780692 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 | BBG00R2NHQ74 | 65092455 | 1096571 | SH |  | SOLE |  | 1096571 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 | BBG002832HM6 | 42858000 | 900000 | SH | Put | SOLE |  | 900000 | 0 | 0 |
| PERMIAN RESOURCES CORP | CLASS A COM | 71424F105 | BBG00D61Y2G3 | 64439316 | 3022482 | SH |  | SOLE |  | 3022482 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 | BBG001S5VB15 | 30726937 | 304982 | SH |  | SOLE |  | 304982 | 0 | 0 |
| PLAINS GP HLDGS L P | LTD PARTNR INT A | 72651A207 | BBG001SZV282 | 18888699 | 777953 | SH |  | SOLE |  | 777953 | 0 | 0 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 | BBG001S5V4Y5 | 9234750 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 | BBG001S5V3C1 | 53893920 | 665768 | SH |  | SOLE |  | 665768 | 0 | 0 |
| PYROPHYTE ACQUISITION CORP. | *W EXP 07/30/203 | G7309T110 |  | 3417 | 10354 | SH |  | SOLE |  | 10354 | 0 | 0 |
| PYROPHYTE ACQUISITION CORP. | CL A SHS | G7309T102 | BBG01VVFL4Y3 | 209979 | 20708 | SH |  | SOLE |  | 20708 | 0 | 0 |
| RICE ACQUISITION CORP 3 | *W EXP 99/99/999 | G7553X114 |  | 190110 | 237637 | SH |  | SOLE |  | 237637 | 0 | 0 |
| RICE ACQUISITION CORP 3 | ORD SHS CL A | G7553X106 | BBG01X0FFN50 | 14700297 | 1425829 | SH |  | SOLE |  | 1425829 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 38293680 | 411760 | SH |  | SOLE |  | 411760 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 | BBG0084BC0P2 | 1548908 | 30341 | SH |  | SOLE |  | 30341 | 0 | 0 |
| SOLV ENERGY INC | COM SHS CL A | 78475V103 | BBG01ZPFR7L2 | 21771750 | 725000 | SH |  | SOLE |  | 725000 | 0 | 0 |
| SPIRE INC | COM | 84857L101 | BBG001S5SSD9 | 6806435 | 75176 | SH |  | SOLE |  | 75176 | 0 | 0 |
| STANDARDAERO INC | COM | 85423L103 | BBG001STH0V0 | 11866483 | 459407 | SH |  | SOLE |  | 459407 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 | BBG001S72SM3 | 130068000 | 200000 | SH | Call | SOLE |  | 200000 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 | BBG001S72SM3 | 526775400 | 810000 | SH | Put | SOLE |  | 810000 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 | BBG01GWQVW78 | 25268970 | 79156 | SH |  | SOLE |  | 79156 | 0 | 0 |
| TALON CAP CORP | UNIT 08/27/2030 | G86652115 | BBG01WSV5NK1 | 10400000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| TAMBORAN RES CORP | COM | 87507T101 | BBG01K8HYF98 | 26753348 | 535174 | SH |  | SOLE |  | 535174 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 | BBG001TC94B9 | 32801000 | 130822 | SH |  | SOLE |  | 130822 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 | BBG001S5WW27 | 43230380 | 690366 | SH |  | SOLE |  | 690366 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 | BBG01Q08MMX4 | 66740086 | 319300 | SH | Put | SOLE |  | 319300 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 | BBG00DL8NMT5 | 23821783 | 344594 | SH |  | SOLE |  | 344594 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 | BBG001S60LH8 | 6331975 | 122357 | SH |  | SOLE |  | 122357 | 0 | 0 |
| TRANSALTA CORP | COM | 89346D107 | BBG001S5WJZ0 | 23517593 | 1788700 | SH |  | SOLE |  | 1788700 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 | BBG001S5V9J1 | 10222199 | 174858 | SH |  | SOLE |  | 174858 | 0 | 0 |
| USA RARE EARTH INC | COM | 91733P107 | BBG01HFW5YQ6 | 10594500 | 700000 | SH |  | SOLE |  | 700000 | 0 | 0 |
| VIPER ENERGY INC | CL A | 64361Q101 | BBG01VXTFCQ9 | 22415922 | 477036 | SH |  | SOLE |  | 477036 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 | BBG00DXDL6R0 | 67887675 | 451591 | SH |  | SOLE |  | 451591 | 0 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 | BBG001SHVYF4 | 12504880 | 107044 | SH |  | SOLE |  | 107044 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 | BBG001S5XH10 | 35020353 | 481181 | SH |  | SOLE |  | 481181 | 0 | 0 |
| WOLFSPEED INC | COMMON STOCK | 97785W106 | BBG01XLDHDR8 | 1251271 | 76671 | SH |  | SOLE |  | 76671 | 0 | 0 |
| XPLR INFRASTRUCTURE LP | COM UNIT PART IN | 65341B106 | BBG006JNW312 | 22660818 | 2133787 | SH |  | SOLE |  | 2133787 | 0 | 0 |

---