# EDGAR Filing Document

**Accession Number:** 0001803146
**File Stem:** 0001420506-26-001065
**Filing Date:** 2026-5
**Character Count:** 10449
**Document Hash:** e1e859e98201e194b9feafbd47f0322b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-26-001065.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001420506-26-001065

**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:** Recurrent Investment Advisors LLC
- **CENTRAL INDEX KEY:** 0001803146

**ORGANIZATION NAME:**
- **EIN:** 821320743
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20078
- **FILM NUMBER:** 26983683

**BUSINESS ADDRESS:**
- **STREET 1:** 3801 KIRBY DRIVE
- **STREET 2:** SUITE 654
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77098-4100
- **BUSINESS PHONE:** (831) 241-5902

**MAIL ADDRESS:**
- **STREET 1:** 3801 KIRBY DRIVE
- **STREET 2:** SUITE 654
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77098-4100

### 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:** Recurrent Investment Advisors LLC<br>**Address:** 3801 KIRBY DRIVE<br>SUITE 654<br>HOUSTON, TX 77098-4100

**Form 13F File Number:** 028-20078

**CRD Number (if applicable):** 000288694

**SEC File Number (if applicable):** 801-110728

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:** Bradley R. Olsen<br>**Title:** Co-Founder and Chief Compliance Officer<br>**Phone:** (831) 241-5902

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

Bradley R. Olsen Co-Founder and Chief Compliance Officer  HOUSTON, TX  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:** 67

**Form 13F Information Table Value Total:** $1661361464

      (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 |
| ALBEMARLE CORP | COM | 012653101 |  | 1127987 | 6283 | SH |  | SOLE |  | 6283 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 1003573 | 15130 | SH |  | SOLE |  | 15130 | 0 | 0 |
| ARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 03938L203 |  | 676114 | 15403 | SH |  | SOLE |  | 15403 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 537615 | 7396 | SH |  | SOLE |  | 7396 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 11366302 | 234761 | SH |  | SOLE |  | 234761 | 0 | 0 |
| BHP BILLITON LIMITED | SPONSORED ADS | 088606108 |  | 1983692 | 27271 | SH |  | SOLE |  | 27271 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 733878 | 6757 | SH |  | SOLE |  | 6757 | 0 | 0 |
| CANADIAN NAT RES LTD MED TER | COM | 136385101 |  | 2886863 | 59242 | SH |  | SOLE |  | 59242 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 159604544 | 5799641 | SH |  | SOLE |  | 5799641 | 0 | 0 |
| CF INDUSTRIES HOLD | COM | 125269100 |  | 1059884 | 8163 | SH |  | SOLE |  | 8163 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 85149000 | 300074 | SH |  | SOLE |  | 300074 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 8930424 | 43163 | SH |  | SOLE |  | 43163 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 4484304 | 33972 | SH |  | SOLE |  | 33972 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 366097 | 1311 | SH |  | SOLE |  | 1311 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 988339 | 9402 | SH |  | SOLE |  | 9402 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 942951 | 9406 | SH |  | SOLE |  | 9406 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 1686340 | 27265 | SH |  | SOLE |  | 27265 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 2325219 | 11756 | SH |  | SOLE |  | 11756 | 0 | 0 |
| DOW HLDGS INC | COM | 260557103 |  | 13961441 | 335209 | SH |  | SOLE |  | 335209 | 0 | 0 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 47828857 | 355156 | SH |  | SOLE |  | 355156 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 6650219 | 87136 | SH |  | SOLE |  | 87136 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 25207970 | 465619 | SH |  | SOLE |  | 465619 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 107353955 | 5562381 | SH |  | SOLE |  | 5562381 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 63400275 | 1675483 | SH |  | SOLE |  | 1675483 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 670371 | 4637 | SH |  | SOLE |  | 4637 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 1063658 | 9689 | SH |  | SOLE |  | 9689 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 9891178 | 58300 | SH |  | SOLE |  | 58300 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 3086950 | 52517 | SH |  | SOLE |  | 52517 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 2871536 | 73648 | SH |  | SOLE |  | 73648 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 |  | 7133022 | 535914 | SH |  | SOLE |  | 535914 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 1009096 | 28266 | SH |  | SOLE |  | 28266 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 81492788 | 2430444 | SH |  | SOLE |  | 2430444 | 0 | 0 |
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 |  | 566397 | 11700 | SH |  | SOLE |  | 11700 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES NV | SHS - A - | N53745100 |  | 10109313 | 125488 | SH |  | SOLE |  | 125488 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 44186324 | 180958 | SH |  | SOLE |  | 180958 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 593389 | 1008 | SH |  | SOLE |  | 1008 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 4864608 | 76996 | SH |  | SOLE |  | 76996 | 0 | 0 |
| MOSAIC CO | COM | 61945C103 |  | 1388399 | 54447 | SH |  | SOLE |  | 54447 | 0 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 71986295 | 146119 | SH |  | SOLE |  | 146119 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 10526772 | 97245 | SH |  | SOLE |  | 97245 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 2809597 | 16615 | SH |  | SOLE |  | 16615 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 5493832 | 52360 | SH |  | SOLE |  | 52360 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 104493913 | 1156034 | SH |  | SOLE |  | 1156034 | 0 | 0 |
| PBF ENERGY INC | CL A | 69318G106 |  | 47758812 | 1002915 | SH |  | SOLE |  | 1002915 | 0 | 0 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 67187076 | 1494250 | SH |  | SOLE |  | 1494250 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 75434180 | 414064 | SH |  | SOLE |  | 414064 | 0 | 0 |
| PLAINS GP HLDGS L P | LTD PARTNR INT A | 72651A207 |  | 51369177 | 2124947 | SH |  | SOLE |  | 2124947 | 0 | 0 |
| POSCO HOLDINGS INC | SPONSORED ADR | 693483109 |  | 1459911 | 24960 | SH |  | SOLE |  | 24960 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 2541873 | 27247 | SH |  | SOLE |  | 27247 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 2013692 | 56141 | SH |  | SOLE |  | 56141 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 1039886 | 26095 | SH |  | SOLE |  | 26095 | 0 | 0 |
| SOUTH BOW CORP | COM | 83671M105 |  | 38681979 | 1161016 | SH |  | SOLE |  | 1161016 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 101939086 | 1515161 | SH |  | SOLE |  | 1515161 | 0 | 0 |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 |  | 66781167 | 1027877 | SH |  | SOLE |  | 1027877 | 0 | 0 |
| SUNOCOCORP LLC | COM SHS LLC | 86765Q106 |  | 948177 | 15380 | SH |  | SOLE |  | 15380 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 118294664 | 471801 | SH |  | SOLE |  | 471801 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 904883 | 14455 | SH |  | SOLE |  | 14455 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 2614566 | 40394 | SH |  | SOLE |  | 40394 | 0 | 0 |
| TOTALENERGIES SE | ACT | F92124100 |  | 1280320 | 15824 | SH |  | SOLE |  | 15824 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 3120428 | 196130 | SH |  | SOLE |  | 196130 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 556177 | 2251 | SH |  | SOLE |  | 2251 | 0 | 0 |
| VIPER ENERGY INC | CL A | 64361Q101 |  | 46488054 | 989318 | SH |  | SOLE |  | 989318 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 424231 | 2822 | SH |  | SOLE |  | 2822 | 0 | 0 |
| WESTERN MIDSTREAM PARTNERS L | COM UNIT LP INT | 958669103 |  | 46717987 | 1134758 | SH |  | SOLE |  | 1134758 | 0 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 13176127 | 112790 | SH |  | SOLE |  | 112790 | 0 | 0 |
| WEYERHAEUSER CO | COM NEW | 962166104 |  | 614268 | 25144 | SH |  | SOLE |  | 25144 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 55521462 | 762867 | SH |  | SOLE |  | 762867 | 0 | 0 |

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