| Oil & Gas Production: in 2021 |
33 mmboe |
| Short-Term Expansion: (Next 1–7 Years) |
217 mmboe |
| Capital spent on Exploration: (3-Year-Average) |
$ 40 M |
Listed on the Global Oil & Gas Exit List 2022
265 results Total investment of current selection: $ 5,129 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 | T. Rowe Price | Galp Energia SGPS SA | T. Rowe Price | investment | United States | Portugal | North America | Europe (EU) | $ 620 M | $ 2 M | $ 622 M | $ 620 M | $ 2 M | $ 622 M | ||||||
| 2 | 1 | Parpublica | Galp Energia SGPS SA | Parpublica | investment | Brazil | Portugal | South America | Europe (EU) | $ 601 M | $ 601 M | $ 601 M | $ 601 M | ||||||||
| 3 | 1 | BlackRock | Galp Energia SGPS SA | BlackRock | investment | United States | Portugal | North America | Europe (EU) | $ 554 M | $ 13 M | $ 568 M | $ 554 M | $ 13 M | $ 568 M | ||||||
| 4 | 1 | Sun Life Financial | Galp Energia SGPS SA | Sun Life Financial | investment | Canada | Portugal | North America | Europe (EU) | $ 514 M | $ 8 M | $ 522 M | $ 514 M | $ 8 M | $ 522 M | ||||||
| 5 | 1 | Bank of New York Mellon | Galp Energia SGPS SA | Bank of New York Mellon | investment | United States | Portugal | North America | Europe (EU) | $ 204 M | $ 2 M | $ 206 M | $ 204 M | $ 2 M | $ 206 M | ||||||
| 6 | 1 | Vanguard | Galp Energia SGPS SA | Vanguard | investment | United States | Portugal | North America | Europe (EU) | $ 205 M | $ 205 M | $ 205 M | $ 205 M | ||||||||
| 7 | 1 | Lazard | Galp Energia SGPS SA | Lazard | investment | Bermuda | Portugal | North America | Europe (EU) | $ 168 M | $ 168 M | $ 168 M | $ 168 M | ||||||||
| 8 | 1 | Black Creek Investment Management | Galp Energia SGPS SA | Black Creek Investment Management | investment | Canada | Portugal | North America | Europe (EU) | $ 163 M | $ 163 M | $ 163 M | $ 163 M | ||||||||
| 9 | 1 | Schroders | Galp Energia SGPS SA | Schroders | investment | United Kingdom | Portugal | Europe (non EU) | Europe (EU) | $ 57 M | $ 76 M | $ 134 M | $ 57 M | $ 76 M | $ 134 M | ||||||
| 10 | 1 | Pendal Group | Galp Energia SGPS SA | Pendal Group | investment | Australia | Portugal | Oceania | Europe (EU) | $ 124 M | $ 124 M | $ 124 M | $ 124 M | ||||||||
| 11 | 1 | Crédit Agricole | Galp Energia SGPS SA | Crédit Agricole | investment | France | Portugal | Europe (EU) | Europe (EU) | $ 94 M | $ 24 M | $ 117 M | $ 94 M | $ 24 M | $ 117 M | ||||||
| 12 | 1 | Capital Group | Galp Energia SGPS SA | Capital Group | investment | United States | Portugal | North America | Europe (EU) | $ 90 M | $ 90 M | $ 90 M | $ 90 M | ||||||||
| 13 | 1 | Government Pension Fund Global (GPFG) | Galp Energia SGPS SA | Government Pension Fund Global (GPFG) | investment | Norway | Portugal | Europe (non EU) | Europe (EU) | $ 86 M | $ 86 M | $ 86 M | $ 86 M | ||||||||
| 14 | 1 | UBS | Galp Energia SGPS SA | UBS | investment | Switzerland | Portugal | Europe (non EU) | Europe (EU) | $ 71 M | $ <1 M | $ 72 M | $ 71 M | $ <1 M | $ 72 M | ||||||
| 15 | 1 | Grantham Mayo Van Otterloo & Co | Galp Energia SGPS SA | Grantham Mayo Van Otterloo & Co | investment | United States | Portugal | North America | Europe (EU) | $ 68 M | $ 68 M | $ 68 M | $ 68 M | ||||||||
| 16 | 1 | Dimensional Fund Advisors | Galp Energia SGPS SA | Dimensional Fund Advisors | investment | United States | Portugal | North America | Europe (EU) | $ 68 M | $ 68 M | $ 68 M | $ 68 M | ||||||||
| 17 | 1 | Deka Group | Galp Energia SGPS SA | Deka Group | investment | Germany | Portugal | Europe (EU) | Europe (EU) | $ 36 M | $ 28 M | $ 64 M | $ 36 M | $ 28 M | $ 64 M | ||||||
| 18 | 1 | Santander | Galp Energia SGPS SA | Santander | investment | Spain | Portugal | Europe (EU) | Europe (EU) | $ 50 M | $ 9 M | $ 59 M | $ 50 M | $ 9 M | $ 59 M | ||||||
| 19 | 1 | Franklin Resources | Galp Energia SGPS SA | Franklin Resources | investment | United States | Portugal | North America | Europe (EU) | $ 56 M | $ 56 M | $ 56 M | $ 56 M | ||||||||
| 20 | 1 | La Caixa Group | Galp Energia SGPS SA | La Caixa Group | investment | Spain | Portugal | Europe (EU) | Europe (EU) | $ 10 M | $ 43 M | $ 52 M | $ 10 M | $ 43 M | $ 52 M | ||||||
| 21 | 1 | Aviva | Galp Energia SGPS SA | Aviva | investment | United Kingdom | Portugal | Europe (non EU) | Europe (EU) | $ 49 M | $ 49 M | $ 49 M | $ 49 M | ||||||||
| 22 | 1 | Grupo CIMD | Galp Energia SGPS SA | Grupo CIMD | investment | Spain | Portugal | Europe (EU) | Europe (EU) | $ 7 M | $ 40 M | $ 48 M | $ 7 M | $ 40 M | $ 48 M | ||||||
| 23 | 1 | Groupe BPCE | Galp Energia SGPS SA | Groupe BPCE | investment | France | Portugal | Europe (EU) | Europe (EU) | $ 4 M | $ 38 M | $ 42 M | $ 4 M | $ 38 M | $ 42 M | ||||||
| 24 | 1 | State Street | Galp Energia SGPS SA | State Street | investment | United States | Portugal | North America | Europe (EU) | $ 39 M | $ 1 M | $ 40 M | $ 39 M | $ 1 M | $ 40 M | ||||||
| 25 | 1 | Government Pension Investment Fund (GPIF) | Galp Energia SGPS SA | Government Pension Investment Fund (GPIF) | investment | Japan | Portugal | East Asia | Europe (EU) | $ 40 M | $ 40 M | $ 40 M | $ 40 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