| Oil & Gas Production: in 2021 |
4,346 mmboe |
| Short-Term Expansion: (Next 1–7 Years) |
19,961 mmboe |
| Capital spent on Exploration: (3-Year-Average) |
$ 2,199 M |
Listed on the Global Oil & Gas Exit List 2022
230 results Total investment of current selection: $ 97,305 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 | Public Investment Fund | Saudi Arabian Oil Company (Saudi Aramco) | Public Investment Fund | investment | Saudi Arabia | Saudi Arabia | Middle East | Middle East | $ 91,912 M | $ 91,912 M | $ 91,912 M | $ 91,912 M | ||||||||
| 2 | 1 | Vanguard | Saudi Arabian Oil Company (Saudi Aramco) | Vanguard | investment | United States | Saudi Arabia | North America | Middle East | $ 779 M | $ 94 M | $ 874 M | $ 779 M | $ 94 M | $ 874 M | ||||||
| 3 | 1 | BlackRock | Saudi Arabian Oil Company (Saudi Aramco) | BlackRock | investment | United States | Saudi Arabia | North America | Middle East | $ 583 M | $ 161 M | $ 744 M | $ 583 M | $ 161 M | $ 744 M | ||||||
| 4 | 1 | Fidelity Investments | Saudi Arabian Oil Company (Saudi Aramco) | Fidelity Investments | investment | United States | Saudi Arabia | North America | Middle East | $ 108 M | $ 268 M | $ 375 M | $ 108 M | $ 268 M | $ 375 M | ||||||
| 5 | 1 | American International Group (AIG) | Saudi Arabian Oil Company (Saudi Aramco) | American International Group (AIG) | investment | United States | Saudi Arabia | North America | Middle East | $ <1 M | $ 195 M | $ 196 M | $ <1 M | $ 195 M | $ 196 M | ||||||
| 6 | 1 | Government Pension Investment Fund (GPIF) | Saudi Arabian Oil Company (Saudi Aramco) | Government Pension Investment Fund (GPIF) | investment | Japan | Saudi Arabia | East Asia | Middle East | $ 150 M | $ 28 M | $ 178 M | $ 150 M | $ 28 M | $ 178 M | ||||||
| 7 | 1 | TIAA | Saudi Arabian Oil Company (Saudi Aramco) | TIAA | investment | United States | Saudi Arabia | North America | Middle East | $ 74 M | $ 61 M | $ 135 M | $ 74 M | $ 61 M | $ 135 M | ||||||
| 8 | 1 | Allianz | Saudi Arabian Oil Company (Saudi Aramco) | Allianz | investment | Germany | Saudi Arabia | Europe (EU) | Middle East | $ 1 M | $ 127 M | $ 128 M | $ 1 M | $ 127 M | $ 128 M | ||||||
| 9 | 1 | Goldman Sachs | Saudi Arabian Oil Company (Saudi Aramco) | Goldman Sachs | investment | United States | Saudi Arabia | North America | Middle East | $ 89 M | $ 10 M | $ 99 M | $ 89 M | $ 10 M | $ 99 M | ||||||
| 10 | 1 | MetLife | Saudi Arabian Oil Company (Saudi Aramco) | MetLife | investment | United States | Saudi Arabia | North America | Middle East | $ 96 M | $ 96 M | $ 96 M | $ 96 M | ||||||||
| 11 | 1 | Geode Capital Holdings | Saudi Arabian Oil Company (Saudi Aramco) | Geode Capital Holdings | investment | United States | Saudi Arabia | North America | Middle East | $ 82 M | $ 82 M | $ 82 M | $ 82 M | ||||||||
| 12 | 1 | Northwestern Mutual | Saudi Arabian Oil Company (Saudi Aramco) | Northwestern Mutual | investment | United States | Saudi Arabia | North America | Middle East | $ 71 M | $ 71 M | $ 71 M | $ 71 M | ||||||||
| 13 | 1 | Wellington Management | Saudi Arabian Oil Company (Saudi Aramco) | Wellington Management | investment | United States | Saudi Arabia | North America | Middle East | $ 3 M | $ 65 M | $ 68 M | $ 3 M | $ 65 M | $ 68 M | ||||||
| 14 | 1 | National Pension Service | Saudi Arabian Oil Company (Saudi Aramco) | National Pension Service | investment | South Korea | Saudi Arabia | East Asia | Middle East | $ 28 M | $ 38 M | $ 66 M | $ 28 M | $ 38 M | $ 66 M | ||||||
| 15 | 1 | Victory Capital | Saudi Arabian Oil Company (Saudi Aramco) | Victory Capital | investment | United States | Saudi Arabia | North America | Middle East | $ <1 M | $ 64 M | $ 64 M | $ <1 M | $ 64 M | $ 64 M | ||||||
| 16 | 1 | JPMorgan Chase | Saudi Arabian Oil Company (Saudi Aramco) | JPMorgan Chase | investment | United States | Saudi Arabia | North America | Middle East | $ 19 M | $ 36 M | $ 55 M | $ 19 M | $ 36 M | $ 55 M | ||||||
| 17 | 1 | Dai-Ichi Life | Saudi Arabian Oil Company (Saudi Aramco) | Dai-Ichi Life | investment | Japan | Saudi Arabia | East Asia | Middle East | $ 55 M | $ 55 M | $ 55 M | $ 55 M | ||||||||
| 18 | 1 | MassMutual Holdings | Saudi Arabian Oil Company (Saudi Aramco) | MassMutual Holdings | investment | United States | Saudi Arabia | North America | Middle East | $ 53 M | $ 53 M | $ 53 M | $ 53 M | ||||||||
| 19 | 1 | California Public Employees' Retirement System (CalPERS) | Saudi Arabian Oil Company (Saudi Aramco) | California Public Employees' Retirement System (CalPERS) | investment | United States | Saudi Arabia | North America | Middle East | $ 51 M | $ 51 M | $ 51 M | $ 51 M | ||||||||
| 20 | 1 | Charles Schwab | Saudi Arabian Oil Company (Saudi Aramco) | Charles Schwab | investment | United States | Saudi Arabia | North America | Middle East | $ 49 M | $ 49 M | $ 49 M | $ 49 M | ||||||||
| 21 | 1 | Lord, Abbett & Co | Saudi Arabian Oil Company (Saudi Aramco) | Lord, Abbett & Co | investment | United States | Saudi Arabia | North America | Middle East | $ 48 M | $ 48 M | $ 48 M | $ 48 M | ||||||||
| 22 | 1 | Liberty Mutual Insurance | Saudi Arabian Oil Company (Saudi Aramco) | Liberty Mutual Insurance | investment | United States | Saudi Arabia | North America | Middle East | $ 47 M | $ 47 M | $ 47 M | $ 47 M | ||||||||
| 23 | 1 | American Century Investments | Saudi Arabian Oil Company (Saudi Aramco) | American Century Investments | investment | United States | Saudi Arabia | North America | Middle East | $ 45 M | $ 45 M | $ 45 M | $ 45 M | ||||||||
| 24 | 1 | RWC Asset Advisors | Saudi Arabian Oil Company (Saudi Aramco) | RWC Asset Advisors | investment | United States | Saudi Arabia | North America | Middle East | $ 44 M | $ 44 M | $ 44 M | $ 44 M | ||||||||
| 25 | 1 | Capital Group | Saudi Arabian Oil Company (Saudi Aramco) | Capital Group | investment | United States | Saudi Arabia | North America | Middle East | $ 44 M | $ 44 M | $ 44 M | $ 44 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