# EDGAR Filing Document

**Accession Number:** 0001767809
**File Stem:** 0001420506-25-001916
**Filing Date:** 2025-8
**Character Count:** 7928
**Document Hash:** 18bcc6e795d3f84798b32af37de3170d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-25-001916.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001420506-25-001916

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**EFFECTIVENESS DATE**: 20250813

**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:** 251210384

**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:** 06-30-2025

**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  08-13-2025<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:** 43

**Form 13F Information Table Value Total:** $269067590

      (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 |
| ALCOA CORP | COM | 013872106 |  | 7414641 | 260437 | SH |  | SOLE |  | 260437 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 13399587 | 447100 | SH | Call | SOLE |  | 447100 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 535000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| BRP INC | COM SUN VTG | 05577W200 |  | 357414 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| CALUMET INC | COM | 131428104 |  | 3188000 | 200000 | SH | Call | SOLE |  | 200000 | 0 | 0 |
| CAMPING WORLD HLDGS INC | CL A | 13462K109 |  | 495375 | 27400 | SH |  | SOLE |  | 27400 | 0 | 0 |
| CENTURY ALUM CO | COM | 156431108 |  | 4002515 | 221746 | SH |  | SOLE |  | 221746 | 0 | 0 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 14949527 | 298871 | SH |  | SOLE |  | 298871 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 3738009 | 98059 | SH |  | SOLE |  | 98059 | 0 | 0 |
| DELEK US HLDGS INC NEW | COM | 24665A103 |  | 13051069 | 615907 | SH |  | SOLE |  | 615907 | 0 | 0 |
| DELEK US HLDGS INC NEW | COM | 24665A103 |  | 46977000 | 2100000 | SH | Call | SOLE |  | 2100000 | 0 | 0 |
| FERROGLOBE PLC | SHS | G33856108 |  | 5193361 | 1418951 | SH |  | SOLE |  | 1418951 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 2906061 | 70604 | SH |  | SOLE |  | 70604 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 13395497 | 1268513 | SH |  | SOLE |  | 1268513 | 0 | 0 |
| IAMGOLD CORP | COM | 450913108 |  | 2820672 | 398400 | SH |  | SOLE |  | 398400 | 0 | 0 |
| INNOVEX INTERNATIONAL INC | COM | 457651107 |  | 761217 | 48609 | SH |  | SOLE |  | 48609 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | LEISURE AND ENTE | 46137V720 |  | 1396050 | 24600 | SH |  | SOLE |  | 24600 | 0 | 0 |
| IPERIONX LTD | SPONSORED ADS | 44916E100 |  | 5836235 | 1885203 | SH |  | SOLE |  | 1885203 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 938000 | 67000 | SH |  | SOLE |  | 67000 | 0 | 0 |
| LIBERTY ENERGY INC | COM CL A | 53115L104 |  | 2446227 | 210700 | SH |  | SOLE |  | 210700 | 0 | 0 |
| MATADOR RES CO | COM | 576485205 |  | 4289265 | 88952 | SH |  | SOLE |  | 88952 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 5155122 | 252331 | SH |  | SOLE |  | 252331 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 1894000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 5110685 | 192131 | SH |  | SOLE |  | 192131 | 0 | 0 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 22100934 | 704300 | SH | Call | SOLE |  | 704300 | 0 | 0 |
| POLARIS INC | COM | 731068102 |  | 307050 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| RAMACO RES INC | COM CL A | 75134P600 |  | 11050113 | 905747 | SH |  | SOLE |  | 905747 | 0 | 0 |
| RAMACO RES INC | COM CL A | 75134P600 |  | 14959285 | 735100 | SH | Call | SOLE |  | 735100 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 867210 | 82200 | SH |  | SOLE |  | 82200 | 0 | 0 |
| SEADRILL LTD | COM | G7997W102 |  | 33176830 | 1273094 | SH |  | SOLE |  | 1273094 | 0 | 0 |
| SIGMA LITHIUM CORPORATION | COM | 826599102 |  | 2004683 | 433914 | SH |  | SOLE |  | 433914 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 |  | 931210 | 37100 | SH |  | SOLE |  | 37100 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 852240 | 26500 | SH |  | SOLE |  | 26500 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 4427934 | 14700 | SH |  | SOLE |  | 14700 | 0 | 0 |
| SPHERE ENTERTAINMENT CO | CL A | 55826T102 |  | 212350 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| SUN CTRY AIRLS HLDGS INC | COM | 866683105 |  | 506849 | 42700 | SH |  | SOLE |  | 42700 | 0 | 0 |
| SUNRUN INC | COM | 86771W105 |  | 205200 | 20000 | SH | Call | SOLE |  | 20000 | 0 | 0 |
| THOR INDS INC | COM | 885160101 |  | 484488 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| TIMKEN CO | COM | 887389104 |  | 3060178 | 41800 | SH |  | SOLE |  | 41800 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 6026684 | 109100 | SH |  | SOLE |  | 109100 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1594263 | 2812 | SH |  | SOLE |  | 2812 | 0 | 0 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 5451624 | 71600 | SH |  | SOLE |  | 71600 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 597936 | 20500 | SH |  | SOLE |  | 20500 | 0 | 0 |

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