| Oil & Gas Production: in 2021 |
161 mmboe |
| Short-Term Expansion: (Next 1–7 Years) |
853 mmboe |
| Capital spent on Exploration: (3-Year-Average) |
$ 61 M |
Listed on the Global Oil & Gas Exit List 2022
215 results Total investment of current selection: $ 10,400 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 | Capital Group | Tourmaline Oil Corp | Capital Group | investment | United States | Canada | North America | North America | $ 3,738 M | $ 3,738 M | $ 3,738 M | $ 3,738 M | ||||||||
| 2 | 1 | Fidelity Investments | Tourmaline Oil Corp | Fidelity Investments | investment | United States | Canada | North America | North America | $ 1,377 M | $ 1,377 M | $ 1,377 M | $ 1,377 M | ||||||||
| 3 | 1 | BlackRock | Tourmaline Oil Corp | BlackRock | investment | United States | Canada | North America | North America | $ 557 M | $ 5 M | $ 563 M | $ 557 M | $ 5 M | $ 563 M | ||||||
| 4 | 1 | Vanguard | Tourmaline Oil Corp | Vanguard | investment | United States | Canada | North America | North America | $ 399 M | $ 3 M | $ 402 M | $ 399 M | $ 3 M | $ 402 M | ||||||
| 5 | 1 | GQG Partners | Tourmaline Oil Corp | GQG Partners | investment | United States | Canada | North America | North America | $ 380 M | $ 380 M | $ 380 M | $ 380 M | ||||||||
| 6 | 1 | Power Corporation of Canada | Tourmaline Oil Corp | Power Corporation of Canada | investment | Canada | Canada | North America | North America | $ 304 M | $ 19 M | $ 322 M | $ 304 M | $ 19 M | $ 322 M | ||||||
| 7 | 1 | Toronto-Dominion Bank | Tourmaline Oil Corp | Toronto-Dominion Bank | investment | Canada | Canada | North America | North America | $ 260 M | $ 17 M | $ 277 M | $ 260 M | $ 17 M | $ 277 M | ||||||
| 8 | 1 | Royal Bank of Canada | Tourmaline Oil Corp | Royal Bank of Canada | investment | Canada | Canada | North America | North America | $ 219 M | $ 26 M | $ 245 M | $ 219 M | $ 26 M | $ 245 M | ||||||
| 9 | 1 | CIBC | Tourmaline Oil Corp | CIBC | investment | Canada | Canada | North America | North America | $ 187 M | $ 31 M | $ 218 M | $ 187 M | $ 31 M | $ 218 M | ||||||
| 10 | 1 | Canoe Financial | Tourmaline Oil Corp | Canoe Financial | investment | Canada | Canada | North America | North America | $ 213 M | $ 213 M | $ 213 M | $ 213 M | ||||||||
| 11 | 1 | Dimensional Fund Advisors | Tourmaline Oil Corp | Dimensional Fund Advisors | investment | United States | Canada | North America | North America | $ 193 M | $ 193 M | $ 193 M | $ 193 M | ||||||||
| 12 | 1 | Scotiabank | Tourmaline Oil Corp | Scotiabank | investment | Canada | Canada | North America | North America | $ 157 M | $ 3 M | $ 160 M | $ 157 M | $ 3 M | $ 160 M | ||||||
| 13 | 1 | Manulife Financial | Tourmaline Oil Corp | Manulife Financial | investment | Canada | Canada | North America | North America | $ 114 M | $ 14 M | $ 128 M | $ 114 M | $ 14 M | $ 128 M | ||||||
| 14 | 1 | Leith Wheeler Investment Counsel | Tourmaline Oil Corp | Leith Wheeler Investment Counsel | investment | United States | Canada | North America | North America | $ 120 M | $ 4 M | $ 124 M | $ 120 M | $ 4 M | $ 124 M | ||||||
| 15 | 1 | JPMorgan Chase | Tourmaline Oil Corp | JPMorgan Chase | investment | United States | Canada | North America | North America | $ 95 M | $ 95 M | $ 95 M | $ 95 M | ||||||||
| 16 | 1 | BMO Financial Group | Tourmaline Oil Corp | BMO Financial Group | investment | Canada | Canada | North America | North America | $ 76 M | $ 8 M | $ 84 M | $ 76 M | $ 8 M | $ 84 M | ||||||
| 17 | 1 | Government Pension Investment Fund (GPIF) | Tourmaline Oil Corp | Government Pension Investment Fund (GPIF) | investment | Japan | Canada | East Asia | North America | $ 80 M | $ 80 M | $ 80 M | $ 80 M | ||||||||
| 18 | 1 | Canada Pension Plan Investment Board | Tourmaline Oil Corp | Canada Pension Plan Investment Board | investment | Canada | Canada | North America | North America | $ 75 M | $ 75 M | $ 75 M | $ 75 M | ||||||||
| 19 | 1 | EdgePoint Investment Group | Tourmaline Oil Corp | EdgePoint Investment Group | investment | Canada | Canada | North America | North America | $ 66 M | $ 4 M | $ 70 M | $ 66 M | $ 4 M | $ 70 M | ||||||
| 20 | 1 | British Columbia Investment Management | Tourmaline Oil Corp | British Columbia Investment Management | investment | Canada | Canada | North America | North America | $ 68 M | $ 68 M | $ 68 M | $ 68 M | ||||||||
| 21 | 1 | Algemeen Burgerlijk Pensioenfonds (ABP) | Tourmaline Oil Corp | Algemeen Burgerlijk Pensioenfonds (ABP) | investment | Netherlands | Canada | Europe (EU) | North America | $ 61 M | $ 61 M | $ 61 M | $ 61 M | ||||||||
| 22 | 1 | CI Financial | Tourmaline Oil Corp | CI Financial | investment | Canada | Canada | North America | North America | $ 41 M | $ 17 M | $ 59 M | $ 41 M | $ 17 M | $ 59 M | ||||||
| 23 | 1 | Geode Capital Holdings | Tourmaline Oil Corp | Geode Capital Holdings | investment | United States | Canada | North America | North America | $ 56 M | $ 56 M | $ 56 M | $ 56 M | ||||||||
| 24 | 1 | AGF Management | Tourmaline Oil Corp | AGF Management | investment | Canada | Canada | North America | North America | $ 55 M | $ <1 M | $ 55 M | $ 55 M | $ <1 M | $ 55 M | ||||||
| 25 | 1 | State Street | Tourmaline Oil Corp | State Street | investment | United States | Canada | North America | North America | $ 53 M | $ <1 M | $ 53 M | $ 53 M | $ <1 M | $ 53 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