In a quarterly disclosure filed on August 14, 2026, major investment firm Encompass Capital revealed the complete liquidation of its stake in Uranium Energy Corp. The 13F report, which covers the trading period from April 1 to June 30, 2026, showed the sale of all 3 million shares held. The position was previously valued at $40.50 million and accounted for 1.21% of the investor's portfolio.
The disposition occurred during a quarter marked by volatility in UEC's stock price, which had declined from its highs earlier in the year [8]. During this period, Uranium Energy Corp continued its strategy of keeping its produced uranium in inventory and off the market, anticipating higher future prices, which resulted in the company reporting no uranium sales revenue in its fiscal third quarter [19, 6].