BlackRock Energy and Resources Trust·Financial Services

The BlackRock Energy & Resources Trust offers a 7.12% yield and diversified energy equity exposure, outperforming the S&P 500 YTD amid oil price surges. BGR's portfolio is concentrated in major oil producers, positioning it to benefit from sustained high crude prices driven by Middle East geopolitical risks. While not a pure oil price play, over half of BGR's assets are in companies highly sensitive to crude price movements, which would allow it to benefit from rising prices.

TORONTO, ON / ACCESS Newswire / May 14, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that a technical team from Germany's Federal Institute for Geosciences and Natural Resources ("BGR") attended a site visit at the Company's Molo Graphite Mine in southern Madagascar this week. This requested visit formed part of an independent study by the BGR on graphite production in Madagascar, financed by Germany's Federal Ministry for Economic Cooperation and Development.

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.

Energy & Resources Trust is a closed-end fund allocating to the energy and resource sector. The current distribution yield remains strong at ~7%. BGR's concentrated portfolio usually consists of established energy players that benefit from sectorial tailwinds and are usually value-oriented holdings, having a relatively better dividend yield and valuation multiples. The removal of the option writing strategy aligns BGR better with shareholder interests, enabling full upside participation and improved distribution stability.

BlackRock Energy & Resources Trust is upgraded to a buy, citing an attractive discount to NAV and AI-driven energy demand tailwinds. BGR's 7.2% yield is supported by recent earnings, but the fund's reliance on net realized gains introduces risk if energy markets weaken. The elimination of option writing allows BGR to better capture upside, yet its structure may underperform traditional energy ETFs, like XLE, over time.

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.
BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors. It invests in stocks of companies across all market capitalizations. The fund also invests through equity derivatives, with an emphasis on option writing. It was formerly known as BlackRock Global Energy and Resources Trust. BlackRock Energy and Resources Trust was formed on December 23, 2004 and is domiciled in the United States.
Financial Services
Asset Management
0
2004-12-23
0.40
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