13F-HR 1 c00747e13fvhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F Form 13F Cover Page Report for the Calendar Year or Quarter Ended: March 31, 2010 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: BP Capital Management, L.P. Address: 260 Preston Commons West 8117 Preston Road Dallas, Texas 75225 Form 13F File Number: 28-10378 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: Robert L. Stillwell Title: Managing Director Phone: (214) 265-4165 Signature, Place, and Date of Signing: /s/ Robert L. Stillwell Dallas, TX May 17, 2010 ------------------------------------- ---------------- --------------------- (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 reported are 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).) List of Other Managers Reporting for this Manager: None. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 15 Form 13F Information Table Value Total: 162,752 (thousands) 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. No. Form 13F File Number Name --- -------------------- ------------------------------- 1 28-12876 TBP Investments Management, LLC FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------- --------- -------- ------------------------- ---------- -------- -------------- ---- VOTING AUTHORITY TITLE OF VALUE SHRS OR INVESTMENT OTHER ------------------- NAME OF ISSUER CLASS CUSIP (X1000) PRN AMT SH/PRN PUT/CALL DISCRETION MANAGERS SOLE SHARED NONE ---------------------------- -------- --------- -------- --------- ------ -------- ---------- -------- ---- --------- ---- ANADARKO PETE CORP COM 032511107 9,756 133,956 SH N/A DEFINED 1 0 133,956 0 BAKER HUGHES INC COM 057224107 5,527 118,000 SH N/A DEFINED 1 0 118,000 0 CHESAPEAKE ENERGY CORP COM 165167107 6,495 274,751 SH N/A DEFINED 1 0 274,751 0 CONSOL ENERGY INC COM 20854P109 2,133 50,000 SH N/A DEFINED 1 0 50,000 0 DAWSON GEOPHYSICAL CO COM 239359102 7,895 270,000 SH N/A DEFINED 1 0 270,000 0 HALLIBURTON CO COM 406216101 8,075 268,000 SH N/A DEFINED 1 0 268,000 0 HESS CORP COM 42809H107 8,454 135,156 SH N/A DEFINED 1 0 135,156 0 MCMORAN EXPLORATION CO COM 582411104 17,357 1,186,425 SH N/A DEFINED 1 0 1,186,425 0 OCCIDENTAL PETE CORP DEL COM 674599105 6,510 77,000 SH N/A DEFINED 1 0 77,000 0 SANDRIDGE ENERGY INC COM 80007P307 13,859 1,799,860 SH N/A DEFINED 1 0 1,799,860 0 SMITH INTL INC COM 832110100 13,372 312,285 SH N/A DEFINED 1 0 312,285 0 SUNCOR ENERGY INC NEW COM 867224107 12,139 373,037 SH N/A DEFINED 1 0 373,037 0 TRANSATLANTIC PETROLEUM LTD SHS G89982105 6,960 2,000,000 SH N/A DEFINED 1 0 2,000,000 0 TRANSOCEAN LTD REG SHS H8817H100 29,886 345,980 SH N/A DEFINED 1 0 345,980 0 WEATHERFORD INTERNATIONAL LT REG H27013103 14,334 903,781 SH N/A DEFINED 1 0 903,781 0