| Oil & Gas Production: in 2021 |
241 mmboe |
| Short-Term Expansion: (Next 1–7 Years) |
467 mmboe |
| Capital spent on Exploration: (3-Year-Average) |
$ 362 M |
Listed on the Global Oil & Gas Exit List 2022
366 results Total investment of current selection: $ 32,497 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Shares | Bonds | Total | Shares | Bonds | Total | Shares $M | Bonds $M | Total $M | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Fondo Nacional de Pensiones de las Entidades Territoriales FONPET | Ecopetrol SA | Fondo Nacional de Pensiones de las Entidades Territoriales FONPET | investment | Colombia | Colombia | South America | South America | $ 19,791 M | $ 19,791 M | $ 19,791 M | $ 19,791 M | ||||||||
| 2 | 1 | Banco de Crédito e Inversiones | Ecopetrol SA | Banco de Crédito e Inversiones | investment | Chile | Colombia | South America | South America | $ 8,150 M | $ 8,150 M | $ 8,150 M | $ 8,150 M | ||||||||
| 3 | 1 | Grupo Aval | Ecopetrol SA | Grupo Aval | investment | Colombia | Colombia | South America | South America | $ 389 M | $ 389 M | $ 389 M | $ 389 M | ||||||||
| 4 | 1 | Administradora de Fondo de Pensiones y Cesantía Protección | Ecopetrol SA | Administradora de Fondo de Pensiones y Cesantía Protección | investment | Colombia | Colombia | South America | South America | $ 345 M | $ 345 M | $ 345 M | $ 345 M | ||||||||
| 5 | 1 | Franklin Resources | Ecopetrol SA | Franklin Resources | investment | United States | Colombia | North America | South America | $ <1 M | $ 256 M | $ 256 M | $ <1 M | $ 256 M | $ 256 M | ||||||
| 6 | 1 | BlackRock | Ecopetrol SA | BlackRock | investment | United States | Colombia | North America | South America | $ 87 M | $ 104 M | $ 191 M | $ 87 M | $ 104 M | $ 191 M | ||||||
| 7 | 1 | Citigroup | Ecopetrol SA | Citigroup | investment | United States | Colombia | North America | South America | $ 188 M | $ <1 M | $ 189 M | $ 188 M | $ <1 M | $ 189 M | ||||||
| 8 | 1 | Prudential Financial (US) | Ecopetrol SA | Prudential Financial (US) | investment | United States | Colombia | North America | South America | $ <1 M | $ 158 M | $ 158 M | $ <1 M | $ 158 M | $ 158 M | ||||||
| 9 | 1 | Vanguard | Ecopetrol SA | Vanguard | investment | United States | Colombia | North America | South America | $ 85 M | $ 72 M | $ 157 M | $ 85 M | $ 72 M | $ 157 M | ||||||
| 10 | 1 | Mercantil Colpatria | Ecopetrol SA | Mercantil Colpatria | investment | Colombia | Colombia | South America | South America | $ 135 M | $ 135 M | $ 135 M | $ 135 M | ||||||||
| 11 | 1 | TIAA | Ecopetrol SA | TIAA | investment | United States | Colombia | North America | South America | $ 5 M | $ 98 M | $ 103 M | $ 5 M | $ 98 M | $ 103 M | ||||||
| 12 | 1 | JPMorgan Chase | Ecopetrol SA | JPMorgan Chase | investment | United States | Colombia | North America | South America | $ 13 M | $ 87 M | $ 100 M | $ 13 M | $ 87 M | $ 100 M | ||||||
| 13 | 1 | T. Rowe Price | Ecopetrol SA | T. Rowe Price | investment | United States | Colombia | North America | South America | $ <1 M | $ 98 M | $ 98 M | $ <1 M | $ 98 M | $ 98 M | ||||||
| 14 | 1 | Allianz | Ecopetrol SA | Allianz | investment | Germany | Colombia | Europe (EU) | South America | $ 84 M | $ 84 M | $ 84 M | $ 84 M | ||||||||
| 15 | 1 | Government Pension Fund Global (GPFG) | Ecopetrol SA | Government Pension Fund Global (GPFG) | investment | Norway | Colombia | Europe (non EU) | South America | $ 84 M | $ 84 M | $ 84 M | $ 84 M | ||||||||
| 16 | 1 | Schroders | Ecopetrol SA | Schroders | investment | United Kingdom | Colombia | Europe (non EU) | South America | $ <1 M | $ 80 M | $ 81 M | $ <1 M | $ 80 M | $ 81 M | ||||||
| 17 | 1 | Equitable Holdings | Ecopetrol SA | Equitable Holdings | investment | United States | Colombia | North America | South America | $ 2 M | $ 76 M | $ 78 M | $ 2 M | $ 76 M | $ 78 M | ||||||
| 18 | 1 | Manulife Financial | Ecopetrol SA | Manulife Financial | investment | Canada | Colombia | North America | South America | $ <1 M | $ 68 M | $ 69 M | $ <1 M | $ 68 M | $ 69 M | ||||||
| 19 | 1 | Crédit Agricole | Ecopetrol SA | Crédit Agricole | investment | France | Colombia | Europe (EU) | South America | $ 4 M | $ 60 M | $ 64 M | $ 4 M | $ 60 M | $ 64 M | ||||||
| 20 | 1 | UBS | Ecopetrol SA | UBS | investment | Switzerland | Colombia | Europe (non EU) | South America | $ 3 M | $ 57 M | $ 60 M | $ 3 M | $ 57 M | $ 60 M | ||||||
| 21 | 1 | Jupiter Fund Management | Ecopetrol SA | Jupiter Fund Management | investment | United Kingdom | Colombia | Europe (non EU) | South America | $ 55 M | $ 5 M | $ 60 M | $ 55 M | $ 5 M | $ 60 M | ||||||
| 22 | 1 | DoubleLine Capital | Ecopetrol SA | DoubleLine Capital | investment | United States | Colombia | North America | South America | $ 56 M | $ 56 M | $ 56 M | $ 56 M | ||||||||
| 23 | 1 | Guggenheim Capital | Ecopetrol SA | Guggenheim Capital | investment | United States | Colombia | North America | South America | $ <1 M | $ 49 M | $ 49 M | $ <1 M | $ 49 M | $ 49 M | ||||||
| 24 | 1 | Fidelity Investments | Ecopetrol SA | Fidelity Investments | investment | United States | Colombia | North America | South America | $ <1 M | $ 48 M | $ 48 M | $ <1 M | $ 48 M | $ 48 M | ||||||
| 25 | 1 | MetLife | Ecopetrol SA | MetLife | investment | United States | Colombia | North America | South America | $ 45 M | $ 45 M | $ 45 M | $ 45 M |
Remarks
Financial data is drawn from the commercial databases Refinitiv and EMAXX. For a selection of pension funds, data was collected from the pension funds' disclosure. The data was retrieved in January 2023, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.
This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.
Since publications, various corrections to the data were made. The most recent update was made on 8 August 2023.
For any questions or requests for further information, please get in touch with us: financeresearch@urgewald.org