# EDGAR Filing Document

**Accession Number:** 0001767809
**File Stem:** 0001420506-25-003334
**Filing Date:** 2025-11
**Character Count:** 11251
**Document Hash:** 7d6a399d92b9615a034c18246fc3ae71
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-25-003334.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001420506-25-003334

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THOMIST CAPITAL MANAGEMENT, LP
- **CENTRAL INDEX KEY:** 0001767809

**ORGANIZATION NAME:**
- **EIN:** 832314512
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21786
- **FILM NUMBER:** 251483194

**BUSINESS ADDRESS:**
- **STREET 1:** 3773 RICHMOND AVE
- **STREET 2:** SUITE 777
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 8326782412

**MAIL ADDRESS:**
- **STREET 1:** 3773 RICHMOND AVE
- **STREET 2:** SUITE 777
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Thomist Capital Management LP<br>**Address:** 3773 Richmond Ave<br>Suite 777<br>Houston, TX 77046

**Form 13F File Number:** 028-21786

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:** Logan Moncrief<br>**Title:** Chief Compliance Officer<br>**Phone:** 832-678-2412

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

Logan Moncrief Chief Compliance Officer  Houston, TX  11-14-2025<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:** 76

**Form 13F Information Table Value Total:** $506292963

      (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 |
| AMAZON COM INC | COM | 023135106 |  | 5087693 | 22900 | SH |  | SOLE |  | 22900 | 0 | 0 |
| AMPLIFY ENERGY CORP NEW | CALL | 03212B903 |  | 7875000 | 1500000 | SH | Call | SOLE |  | 1500000 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 2177395 | 64900 | SH |  | SOLE |  | 64900 | 0 | 0 |
| APPLIED DIGITAL CORP | COM NEW | 038169207 |  | 310100 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 7677463 | 127300 | SH |  | SOLE |  | 127300 | 0 | 0 |
| ARIS MNG CORP | COM | 04040Y109 |  | 10002522 | 1018106 | SH |  | SOLE |  | 1018106 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 6727420 | 203000 | SH |  | SOLE |  | 203000 | 0 | 0 |
| BRP INC | COM SUN VTG | 05577W200 |  | 844587 | 13980 | SH |  | SOLE |  | 13980 | 0 | 0 |
| BUNGE GLOBAL SA | COM SHS | H11356104 |  | 21981114 | 266664 | SH |  | SOLE |  | 266664 | 0 | 0 |
| BUNGE GLOBAL SA | CALL | H11356904 |  | 8125000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| CAMPING WORLD HLDGS INC | CL A | 13462K109 |  | 1249931 | 76865 | SH |  | SOLE |  | 76865 | 0 | 0 |
| CENTURY ALUM CO | COM | 156431108 |  | 2468915 | 83991 | SH |  | SOLE |  | 83991 | 0 | 0 |
| CIPHER MINING INC | PUT | 17253J956 |  | 1259000 | 100000 | SH | Put | SOLE |  | 100000 | 0 | 0 |
| CIVITAS RESOURCES INC | COM NEW | 17888H103 |  | 2038409 | 61300 | SH |  | SOLE |  | 61300 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | CALL | 185899901 |  | 6103660 | 500300 | SH | Call | SOLE |  | 500300 | 0 | 0 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 1294980 | 22600 | SH |  | SOLE |  | 22600 | 0 | 0 |
| CONTROLADORA VUELA COMP DE A | SPON ADR RP 10 | 21240E105 |  | 6630370 | 972195 | SH |  | SOLE |  | 972195 | 0 | 0 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 581295 | 4875 | SH |  | SOLE |  | 4875 | 0 | 0 |
| COREWEAVE INC | PUT | 21873S958 |  | 1368500 | 10000 | SH | Put | SOLE |  | 10000 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 20454186 | 667347 | SH |  | SOLE |  | 667347 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 2113048 | 38800 | SH |  | SOLE |  | 38800 | 0 | 0 |
| EVE HLDG INC | COM | 29970N104 |  | 189038 | 48596 | SH |  | SOLE |  | 48596 | 0 | 0 |
| EVOLV TECHNOLOGIES HLDNGS IN | COM CL A | 30049H102 |  | 137460 | 17400 | SH |  | SOLE |  | 17400 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 4475339 | 41900 | SH |  | SOLE |  | 41900 | 0 | 0 |
| FERROGLOBE PLC | SHS | G33856108 |  | 6502863 | 1494911 | SH |  | SOLE |  | 1494911 | 0 | 0 |
| GREEN PLAINS INC | COM | 393222104 |  | 949770 | 103800 | SH |  | SOLE |  | 103800 | 0 | 0 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 2036034 | 11300 | SH |  | SOLE |  | 11300 | 0 | 0 |
| HARLEY DAVIDSON INC | COM | 412822108 |  | 1654012 | 57850 | SH |  | SOLE |  | 57850 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 16394752 | 312400 | SH |  | SOLE |  | 312400 | 0 | 0 |
| HUNTSMAN CORP | CALL | 447011907 |  | 2694000 | 300000 | SH | Call | SOLE |  | 300000 | 0 | 0 |
| HYLIION HOLDINGS CORP | CALL | 449109907 |  | 1827372 | 927600 | SH | Call | SOLE |  | 927600 | 0 | 0 |
| IAMGOLD CORP | COM | 450913108 |  | 13474412 | 1050227 | SH |  | SOLE |  | 1050227 | 0 | 0 |
| INNOVEX INTERNATIONAL INC | COM | 457651107 |  | 1120726 | 60909 | SH |  | SOLE |  | 60909 | 0 | 0 |
| IREN LIMITED | PUT | Q4982L959 |  | 6100900 | 130000 | SH | Put | SOLE |  | 130000 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 6035713 | 92900 | SH |  | SOLE |  | 92900 | 0 | 0 |
| LATAM AIRLINES GROUP SA | SPONSORED ADR | 51817R205 |  | 801244 | 17945 | SH |  | SOLE |  | 17945 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 314523 | 12708 | SH |  | SOLE |  | 12708 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 2435832 | 17900 | SH |  | SOLE |  | 17900 | 0 | 0 |
| NUTRIEN LTD | PUT | 67077M958 |  | 47731230 | 813000 | SH | Put | SOLE |  | 813000 | 0 | 0 |
| OKLO INC | PUT | 02156V959 |  | 1685613 | 15100 | SH | Put | SOLE |  | 15100 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 15236406 | 623386 | SH |  | SOLE |  | 623386 | 0 | 0 |
| OLIN CORP | CALL | 680665905 |  | 2499000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 1939818 | 54200 | SH |  | SOLE |  | 54200 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 6638156 | 247600 | SH |  | SOLE |  | 247600 | 0 | 0 |
| PLUG POWER INC | PUT | 72919P952 |  | 1864000 | 800000 | SH | Put | SOLE |  | 800000 | 0 | 0 |
| POLARIS INC | COM | 731068102 |  | 1390762 | 23391 | SH |  | SOLE |  | 23391 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 4332342 | 115900 | SH |  | SOLE |  | 115900 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 11496448 | 174400 | SH |  | SOLE |  | 174400 | 0 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 823216 | 14070 | SH |  | SOLE |  | 14070 | 0 | 0 |
| SABLE OFFSHORE CORP | CALL | 78574H904 |  | 4190400 | 240000 | SH | Call | SOLE |  | 240000 | 0 | 0 |
| SANDRIDGE ENERGY INC | COM NEW | 80007P869 |  | 666000 | 59200 | SH |  | SOLE |  | 59200 | 0 | 0 |
| SEADRILL LTD | COM | G7997W102 |  | 38744896 | 1269299 | SH |  | SOLE |  | 1269299 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 6412604 | 18700 | SH |  | SOLE |  | 18700 | 0 | 0 |
| SIGMA LITHIUM CORPORATION | COM | 826599102 |  | 3876605 | 570089 | SH |  | SOLE |  | 570089 | 0 | 0 |
| SKYWEST INC | COM | 830879102 |  | 558306 | 5545 | SH |  | SOLE |  | 5545 | 0 | 0 |
| SOLARIS RES INC | COM NEW | 83419D201 |  | 805600 | 126800 | SH |  | SOLE |  | 126800 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 5897083 | 48700 | SH |  | SOLE |  | 48700 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 1808623 | 55410 | SH |  | SOLE |  | 55410 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 17023818 | 48300 | SH |  | SOLE |  | 48300 | 0 | 0 |
| SPDR S 500 ETF TR | PUT | 78462F953 |  | 33309000 | 50000 | SH | Put | SOLE |  | 50000 | 0 | 0 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 13623051 | 214300 | SH |  | SOLE |  | 214300 | 0 | 0 |
| SPDR SERIES TRUST | S HOMEBUILD | 78464A888 |  | 995670 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| SPDR SERIES TRUST | CALL | 78464A908 |  | 55071000 | 870000 | SH | Call | SOLE |  | 870000 | 0 | 0 |
| SPHERE ENTERTAINMENT CO | CL A | 55826T102 |  | 309979 | 4990 | SH |  | SOLE |  | 4990 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 6217658 | 44770 | SH |  | SOLE |  | 44770 | 0 | 0 |
| STURM RUGER  CO INC | COM | 864159108 |  | 384930 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| SUN CTRY AIRLS HLDGS INC | COM | 866683105 |  | 338751 | 28300 | SH |  | SOLE |  | 28300 | 0 | 0 |
| TERAWULF INC | PUT | 88080T954 |  | 1713000 | 150000 | SH | Put | SOLE |  | 150000 | 0 | 0 |
| THOR INDS INC | COM | 885160101 |  | 923558 | 8820 | SH |  | SOLE |  | 8820 | 0 | 0 |
| TRONOX HOLDINGS PLC | CALL | G9087Q902 |  | 2010000 | 500000 | SH | Call | SOLE |  | 500000 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 7112661 | 131298 | SH |  | SOLE |  | 131298 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 19778886 | 114900 | SH |  | SOLE |  | 114900 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 405428 | 4151 | SH |  | SOLE |  | 4151 | 0 | 0 |
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 |  | 245200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 3558324 | 46200 | SH |  | SOLE |  | 46200 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 1160363 | 34315 | SH |  | SOLE |  | 34315 | 0 | 0 |

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