A required filing with the Securities and Exchange Commission shows Blackrock Inc. is a major investor in a third Oklahoma energy company in addition to ONEOK and ONEGAS.
A filing by Williams Cos. showed the New York-based company owns 9.9% of the company’s publicly traded shares. It totals 110,124,139 sole voting power shares out of a total of the 120,886,312 shares it owns.
While Blackrock earned a reputation in the past few years of being anti-oil-and-gas, it remains a significant owner of investments in energy firms.
As OK Energy Today reported earlier in the week, Blackrock owns nearly 11% of the total shares in ONEOK and nearly 13% in ONEGAS.