BlackRock Investment Boosts Exxon, Chevron and Conoco Shares in Quarterly Filing

Wall St. Watchdog reveals information regarding BlackRock Investment Management LLC’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 333 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $7.696 billion.

  • Exxon Mobil Corp. (NYSE:XOM): On 06/30/2011, BlackRock Investment Management LLC reported holding 16,181,039 shares with a market value of $1,316,812,909. This comprised 2.25% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 16,964,797 shares with a market value of $1,232,153,160. This comprised 2.46% of the total portfolio. The net change in shares for this position over the two quarters is 783,758. 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, BlackRock Investment Management LLC reported holding 8,563,592 shares with a market value of $880,679,770. This comprised 1.51% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 9,320,585 shares with a market value of $862,992,931. This comprised 1.72% of the total portfolio. The net change in shares for this position over the two quarters is 756,993. 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, BlackRock Investment Management LLC reported holding 6,488,734 shares with a market value of $487,887,925. This comprised 0.83% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 6,891,079 shares with a market value of $436,343,120. This comprised 0.87% of the total portfolio. The net change in shares for this position over the two quarters is 402,345. 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.
  • Schlumberger Limited (NYSE:SLB): On 06/30/2011, BlackRock Investment Management LLC reported holding 4,967,835 shares with a market value of $429,220,952. This comprised 0.73% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 5,135,143 shares with a market value of $306,722,089. This comprised 0.61% of the total portfolio. The net change in shares for this position over the two quarters is 167,308. 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, BlackRock Investment Management LLC reported holding 3,107,082 shares with a market value of $323,260,814. This comprised 0.55% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 3,352,345 shares with a market value of $239,692,668. This comprised 0.48% of the total portfolio. The net change in shares for this position over the two quarters is 245,263. 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.
  • Ei Dupont De Nemours & Co. (NYSE:DD): On 06/30/2011, BlackRock Investment Management LLC reported holding 4,973,491 shares with a market value of $268,817,185. This comprised 0.46% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 5,354,124 shares with a market value of $214,004,343. This comprised 0.43% of the total portfolio. The net change in shares for this position over the two quarters is 380,633. 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.
  • Marathon Oil Corporation (NYSE:MRO): On 06/30/2011, BlackRock Investment Management LLC reported holding 5,990,624 shares with a market value of $315,586,074. This comprised 0.54% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 8,265,261 shares with a market value of $178,364,332. This comprised 0.36% of the total portfolio. The net change in shares for this position over the two quarters is 2,274,637. About Company: Marathon Oil Corporation, through its subsidiaries, is an integrated oil firm with operations worldwide. The Company explores for and produces and markets liquid hydrocarbons and natural gas on a worldwide basis. Marathon also mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada and refines, markets and transports crude oil and petroleum products.
  • Praxair Inc. (NYSE:PX): On 06/30/2011, BlackRock Investment Management LLC reported holding 1,468,462 shares with a market value of $159,166,595. This comprised 0.27% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 1,566,436 shares with a market value of $146,430,443. This comprised 0.29% of the total portfolio. The net change in shares for this position over the two quarters is 97,974. 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.
  • Halliburton Company (NYSE:HAL): On 06/30/2011, BlackRock Investment Management LLC reported holding 3,848,156 shares with a market value of $196,255,956. This comprised 0.34% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 4,181,452 shares with a market value of $127,617,917. This comprised 0.26% of the total portfolio. The net change in shares for this position over the two quarters is 333,296. About Company: Halliburton Company provides energy services and engineering and construction services, as well as manufactures products for the energy industry. The Company offers services and products and integrated solutions to customers in the exploration, development, and production of oil and natural gas.
  • Freeport-mcmoran Copper & Gold Inc. (NYSE:FCX): On 06/30/2011, BlackRock Investment Management LLC reported holding 3,829,217 shares with a market value of $202,565,585. This comprised 0.35% of the total portfolio. On 09/30/2011, BlackRock Investment Management LLC reported holding 3,671,248 shares with a market value of $111,789,504. This comprised 0.22% of the total portfolio. The net change in shares for this position over the two quarters is -157,969. 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 BlackRock Investment Management LLC’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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