AIG’s Top 3 Energy Stock Positions in Q3: ExxonMobil, Chevron and Conocophillips

Wall St. Watchdog reveals information regarding American International Group’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 417 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $1.103 billion.

  • Exxon Mobil Corp. (NYSE:XOM): On 06/30/2011, American International Group reported holding 2,047,664 shares with a market value of $166,638,891. This comprised 1.4% of the total portfolio. On 09/30/2011, American International Group reported holding 1,941,147 shares with a market value of $140,985,501. This comprised 1.44% of the total portfolio. The net change in shares for this position over the two quarters is -106,517. About Company: Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company’s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.
  • Chevron Corp. (NYSE:CVX): On 06/30/2011, American International Group reported holding 1,252,269 shares with a market value of $128,783,339. This comprised 1.08% of the total portfolio. On 09/30/2011, American International Group reported holding 1,302,126 shares with a market value of $120,563,842. This comprised 1.23% of the total portfolio. The net change in shares for this position over the two quarters is 49,857. About Company: Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services.
  • Conocophillips (NYSE:COP): On 06/30/2011, American International Group reported holding 672,754 shares with a market value of $50,584,375. This comprised 0.43% of the total portfolio. On 09/30/2011, American International Group reported holding 774,153 shares with a market value of $49,019,368. This comprised 0.5% of the total portfolio. The net change in shares for this position over the two quarters is 101,399. About Company: ConocoPhillips is an international, integrated energy company which operates in several business segments. The Company explores for and produces petroleum, and refines, markets, supplies, and transports petroleum. ConocoPhillips also gathers and processes natural gas, and produces and distributes chemicals and plastics.
  • Ei Dupont De Nemours & Co. (NYSE:DD): On 06/30/2011, American International Group reported holding 1,059,249 shares with a market value of $57,252,408. This comprised 0.48% of the total portfolio. On 09/30/2011, American International Group reported holding 1,059,538 shares with a market value of $42,349,735. This comprised 0.43% of the total portfolio. The net change in shares for this position over the two quarters is 289. About Company: E. I. du Pont de Nemours and Company is a global chemical and life sciences company, with businesses that include agriculture and industrial biotechnology, chemistry, biology, materials science and manufacturing. The Company operates globally and offers a wide range of products and services for markets including agriculture and food, building and construction, electronics and communications.
  • Schlumberger Limited (NYSE:SLB): On 06/30/2011, American International Group reported holding 706,187 shares with a market value of $61,014,558. This comprised 0.51% of the total portfolio. On 09/30/2011, American International Group reported holding 687,258 shares with a market value of $41,049,920. This comprised 0.42% of the total portfolio. The net change in shares for this position over the two quarters is -18,929. About Company: Schlumberger Limited is an oil services company. The Company, through its subsidiaries, provides a wide range of services, including technology, project management and information solutions to the international petroleum industry as well as advanced acquisition and data processing surveys.
  • Occidental Petroleum Corporation (NYSE:OXY): On 06/30/2011, American International Group reported holding 386,499 shares with a market value of $40,211,356. This comprised 0.34% of the total portfolio. On 09/30/2011, American International Group reported holding 384,105 shares with a market value of $27,463,508. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is -2,394. About Company: Occidental Petroleum Corporation explores for, develops, produces, and markets crude oil and natural gas. The Company also manufactures and markets a variety of basic chemicals, vinyls and performance chemicals. Occidental also gathers, treats, processes, transports, stores, trades and markets crude oil, natural gas, NGLs, condensate and carbon dioxide (CO2) and generates and markets power.
  • Praxair Inc. (NYSE:PX): On 06/30/2011, American International Group reported holding 273,475 shares with a market value of $29,641,955. This comprised 0.25% of the total portfolio. On 09/30/2011, American International Group reported holding 282,762 shares with a market value of $26,432,593. This comprised 0.27% of the total portfolio. The net change in shares for this position over the two quarters is 9,287. About Company: Praxair, Inc. supplies gas to industries primarily located in North and South America. The Company produces, sells, and distributes atmospheric gases including oxygen, nitrogen, argon, and rare gases, as well as process gases including carbon dioxide, helium, hydrogen, electronics gases, and acetylene. Praxair also supplies metallic and ceramic coatings and powders.
  • Apache Corp. (NYSE:APA): On 06/30/2011, American International Group reported holding 248,157 shares with a market value of $30,620,092. This comprised 0.26% of the total portfolio. On 09/30/2011, American International Group reported holding 242,904 shares with a market value of $19,490,616. This comprised 0.2% of the total portfolio. The net change in shares for this position over the two quarters is -5,253. About Company: Apache Corporation is an independent energy company. The Company explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The Company has operations in North America, onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea (North Sea), and onshore Argentina, as well as on the Chilean side of the island of Tierra del Fuego.
  • Ensco Plc (NYSE:ESV): On 06/30/2011, American International Group reported holding 365,436 shares with a market value of $19,477,739. This comprised 0.16% of the total portfolio. On 09/30/2011, American International Group reported holding 419,954 shares with a market value of $16,978,740. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is 54,518. About Company: Ensco PLC is an international offshore contract drilling company. The Company’s operations are concentrated in the geographic regions of Asia Pacific (which includes Asia, the Middle East, Australia and New Zealand), Europe/Africa and North and South America.
  • Freeport-mcmoran Copper & Gold Inc. (NYSE:FCX): On 06/30/2011, American International Group reported holding 394,866 shares with a market value of $20,888,412. This comprised 0.18% of the total portfolio. On 09/30/2011, American International Group reported holding 529,726 shares with a market value of $16,130,157. This comprised 0.16% of the total portfolio. The net change in shares for this position over the two quarters is 134,860. About Company: Freeport-McMoRan Copper & Gold Inc., through its subsidiary, is a copper, gold and molybdenum mining company. The Company primarily mines for copper and owns mining interests in Chile and Indonesia. Freeport-McMoRan Copper & Gold also, through a subsidiary, is involved in smelting and refining of copper concentrates.

(Note: Data regarding American International Group’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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