| Oil & Gas Production: in 2021 |
191 mmboe |
| Short-Term Expansion: (Next 1–7 Years) |
379 mmboe |
| Capital spent on Exploration: (3-Year-Average) |
$ 98 M |
Listed on the Global Oil & Gas Exit List 2022
104 results Total investment of current selection: $ 13,269 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 | National Welfare Fund - Samruk-Kazyna | JSC NC KazMunayGas (KMG) | National Welfare Fund - Samruk-Kazyna | investment | Kazakhstan | Kazakhstan | Central & Western Asia | Central & Western Asia | $ 11,109 M | $ 11,109 M | $ 11,109 M | $ 11,109 M | ||||||||
| 2 | 1 | National Bank of Kazakhstan | JSC NC KazMunayGas (KMG) | National Bank of Kazakhstan | investment | Kazakhstan | Kazakhstan | Central & Western Asia | Central & Western Asia | $ 1,217 M | $ 1,217 M | $ 1,217 M | $ 1,217 M | ||||||||
| 3 | 1 | Franklin Resources | JSC NC KazMunayGas (KMG) | Franklin Resources | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 104 M | $ 104 M | $ 104 M | $ 104 M | ||||||||
| 4 | 1 | TCW Group | JSC NC KazMunayGas (KMG) | TCW Group | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 81 M | $ 81 M | $ 81 M | $ 81 M | ||||||||
| 5 | 1 | American International Group (AIG) | JSC NC KazMunayGas (KMG) | American International Group (AIG) | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 67 M | $ 67 M | $ 67 M | $ 67 M | ||||||||
| 6 | 1 | MetLife | JSC NC KazMunayGas (KMG) | MetLife | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 53 M | $ 53 M | $ 53 M | $ 53 M | ||||||||
| 7 | 1 | TIAA | JSC NC KazMunayGas (KMG) | TIAA | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 50 M | $ 50 M | $ 50 M | $ 50 M | ||||||||
| 8 | 1 | Prudential Financial (US) | JSC NC KazMunayGas (KMG) | Prudential Financial (US) | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 42 M | $ 42 M | $ 42 M | $ 42 M | ||||||||
| 9 | 1 | Voya Financial | JSC NC KazMunayGas (KMG) | Voya Financial | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 36 M | $ 36 M | $ 36 M | $ 36 M | ||||||||
| 10 | 1 | Northwestern Mutual | JSC NC KazMunayGas (KMG) | Northwestern Mutual | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 32 M | $ 32 M | $ 32 M | $ 32 M | ||||||||
| 11 | 1 | Fidelity Investments | JSC NC KazMunayGas (KMG) | Fidelity Investments | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 31 M | $ 31 M | $ 31 M | $ 31 M | ||||||||
| 12 | 1 | AkademikerPension | JSC NC KazMunayGas (KMG) | AkademikerPension | investment | Denmark | Kazakhstan | Europe (EU) | Central & Western Asia | $ 26 M | $ 26 M | $ 26 M | $ 26 M | ||||||||
| 13 | 1 | Virtus Investment Partners | JSC NC KazMunayGas (KMG) | Virtus Investment Partners | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 24 M | $ 24 M | $ 24 M | $ 24 M | ||||||||
| 14 | 1 | BlackRock | JSC NC KazMunayGas (KMG) | BlackRock | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 23 M | $ 23 M | $ 23 M | $ 23 M | ||||||||
| 15 | 1 | Apollo Global Management | JSC NC KazMunayGas (KMG) | Apollo Global Management | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 21 M | $ 21 M | $ 21 M | $ 21 M | ||||||||
| 16 | 1 | Liberty Mutual Insurance | JSC NC KazMunayGas (KMG) | Liberty Mutual Insurance | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 19 M | $ 19 M | $ 19 M | $ 19 M | ||||||||
| 17 | 1 | Pacific Century Group | JSC NC KazMunayGas (KMG) | Pacific Century Group | investment | China (Hong Kong) | Kazakhstan | East Asia | Central & Western Asia | $ 19 M | $ 19 M | $ 19 M | $ 19 M | ||||||||
| 18 | 1 | UBS | JSC NC KazMunayGas (KMG) | UBS | investment | Switzerland | Kazakhstan | Europe (non EU) | Central & Western Asia | $ 16 M | $ 16 M | $ 16 M | $ 16 M | ||||||||
| 19 | 1 | MassMutual Holdings | JSC NC KazMunayGas (KMG) | MassMutual Holdings | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 15 M | $ 15 M | $ 15 M | $ 15 M | ||||||||
| 20 | 1 | Vontobel | JSC NC KazMunayGas (KMG) | Vontobel | investment | Switzerland | Kazakhstan | Europe (non EU) | Central & Western Asia | $ 15 M | $ 15 M | $ 15 M | $ 15 M | ||||||||
| 21 | 1 | Vanguard | JSC NC KazMunayGas (KMG) | Vanguard | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 15 M | $ 15 M | $ 15 M | $ 15 M | ||||||||
| 22 | 1 | Allianz | JSC NC KazMunayGas (KMG) | Allianz | investment | Germany | Kazakhstan | Europe (EU) | Central & Western Asia | $ 13 M | $ 13 M | $ 13 M | $ 13 M | ||||||||
| 23 | 1 | Equitable Holdings | JSC NC KazMunayGas (KMG) | Equitable Holdings | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 11 M | $ 11 M | $ 11 M | $ 11 M | ||||||||
| 24 | 1 | Pensioenfonds Zorg en Welzijn (PFZW) | JSC NC KazMunayGas (KMG) | Pensioenfonds Zorg en Welzijn (PFZW) | investment | Netherlands | Kazakhstan | Europe (EU) | Central & Western Asia | $ 11 M | $ 11 M | $ 11 M | $ 11 M | ||||||||
| 25 | 1 | State of Wisconsin Investment Board | JSC NC KazMunayGas (KMG) | State of Wisconsin Investment Board | investment | United States | Kazakhstan | North America | Central & Western Asia | $ 11 M | $ 11 M | $ 11 M | $ 11 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