# EDGAR Filing Document

**Accession Number:** 0001306550
**File Stem:** 0001752724-25-204434
**Filing Date:** 2025-8
**Character Count:** 32766
**Document Hash:** 6ec472eca4dd011af5b4bc443c579bba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-204434.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-204434

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Energy & Resources Trust
- **CENTRAL INDEX KEY:** 0001306550

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21656
- **FILM NUMBER:** 251254581

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 888-825-2257

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BlackRock Global Energy & Resources Trust
- **DATE OF NAME CHANGE:** 20041020

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** BlackRock Energy & Resources Trust

- **b. Investment Company Act file number:** 811-21656

- **c. CIK number of Registrant:** 0001306550

- **d. LEI of Registrant:** GG70RT52UUBWY2PJSI68

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

**Item A.2. Information about the Series.**

- **a. Name of Series:** BlackRock Energy & Resources Trust

- **c. LEI of Series:** GG70RT52UUBWY2PJSI68

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $358418363.56

**Total Liabilities:** $5595321.02

**Net Assets:** $352823042.54

**Cash Not Reported:** $108152.47

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -9.92%               | 2.32%                | 5.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1881385.41              | $-43097696.18                              |
| Month 2  | $-966790.70              | $6499331.85                                |
| Month 3  | $209999.60               | $17847467.29                               |

**Designated Index Information**

- **Index Name:** MSCI World Energy Call Overwrite Index

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                       | Title                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -220 | NC      | $-88550.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CHEVRON CORP                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -175 | NC      | $-24500.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                                   | EQT Corp                                                | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    146122 | NS      | $8521835.04   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -510 | NC      | $-136935.00   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                  | Shell PLC                                               | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    539841 | NS      | $38010204.81  | 10.77%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | TOURMALINE OIL CORP                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -172 | NC      | $-19704.06    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | CANADIAN NATURAL RESOURCES LTD                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -300 | NC      | $-7490.36     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | CANADIAN NATURAL RESOURCES LTD                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -466 | NC      | $-35589.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERIES LLC                              | LNG US FLEX                                             | CUSIP: 000000000<br>LEI: 58PU97L1C0WSRCWADL48 | N/A              | DE               |  | US        |       -37 | NC      | $-13040.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                     | JUL25 LNG US C @ 234                                    | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DE               |  | US        |     -5300 | NC      | $-55142.84    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | HESS CORP                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -157 | NC      | $-54557.50    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                                  | Hess Corp                                               | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |     63327 | NS      | $8773322.58   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                  | BlackRock Liquidity Funds: T-Fund, Institutional Shares | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   2979548 | NS      | $2979548.14   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CHEVRON CORP                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -108 | NC      | $-28728.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                         | Valero Energy Corp                                      | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     81700 | NS      | $10982114.00  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | SHELL PLC                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | GB        |      -462 | NC      | $-21945.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Gaztransport Et Technigaz SA               | Gaztransport Et Technigaz SA                            | CUSIP: 000000000<br>LEI: 969500BVOHVZUUFWDT54 | Long             | EC               | CORP              | FR        |     16579 | NS      | $3279710.92   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -189 | NC      | $-4158.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO LLC                    | PR US FLEX                                              | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |      -550 | NC      | $-9552.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Permian Resources Corp                     | Permian Resources Corp                                  | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    576280 | NS      | $7848933.60   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tourmaline Oil Corp                        | Tourmaline Oil Corp                                     | CUSIP: 89156V106<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |    102401 | NS      | $4940514.56   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EQT CORP                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -178 | NC      | $-35511.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -328 | NC      | $-40672.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                          | EOG Resources Inc                                       | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    113665 | NS      | $13595470.65  | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EOG RESOURCES INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -137 | NC      | $-32537.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                       | Williams Cos Inc/The                                    | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    230048 | NS      | $14449314.88  | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -376 | NC      | $-12408.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                        | Cheniere Energy Inc                                     | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     58686 | NS      | $14291214.72  | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | SUNCOR ENERGY INC                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -152 | NC      | $-9711.03     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | SHELL PLC                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | GB        |      -463 | NC      | $-54402.50    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | WILLIAMS COS INC/THE                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -174 | NC      | $-57420.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EOG RESOURCES INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -137 | NC      | $-64390.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                           | TotalEnergies SE                                        | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    410308 | NS      | $25079122.66  | 7.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | SHELL PLC                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | GB        |      -410 | NC      | $-20500.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CHENIERE ENERGY INC                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -103 | NC      | $-65405.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc                          | Suncor Energy Inc                                       | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |    267620 | NS      | $10024818.21  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp                       | Targa Resources Corp                                    | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     64287 | NS      | $11191080.96  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK NA                                | JUL25 PPL CN C @ 53.05                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |    -19200 | NC      | $-2716.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIBANK NA                                | JUL25 TRP CN C @ 69.70                                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |    -43000 | NC      | $-11096.16    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pembina Pipeline Corp                      | Pembina Pipeline Corp                                   | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |    170672 | NS      | $6408268.30   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | TECHNIPFMC PLC                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | GB        |      -239 | NC      | $-29277.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                               | Chevron Corp                                            | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    243125 | NS      | $34813068.75  | 9.87%             |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | CANADIAN NATURAL RESOURCES LTD                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -364 | NC      | $-2940.33     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                           | Exxon Mobil Corp                                        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    648379 | NS      | $69895256.20  | 19.81%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | TECHNIPFMC PLC                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | GB        |      -452 | NC      | $-66670.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EQT CORP                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -125 | NC      | $-17937.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | WILLIAMS COS INC/THE                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -411 | NC      | $-56512.50    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | KINDER MORGAN INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -755 | NC      | $-49452.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BARCLAYS BANK PLC                          | JUL25 TTE FP C @ 55.6359                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DE               |  | US        |    -76100 | NC      | $-13834.45    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kosmos Energy Ltd                          | Kosmos Energy Ltd                                       | CUSIP: 500688106<br>LEI: 213800YDFJ3OT9B5P157 | Long             | EC               | CORP              | US        |    837902 | NS      | $1441191.44   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | VALERO ENERGY CORP                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -120 | NC      | $-21480.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Gazprom PJSC                               | Gazprom PJSC                                            | CUSIP: 000000000<br>LEI: 213800FD9J2IHTA7YX78 | Long             | EC               | CORP              | RU        |    879200 | NS      | $112.43       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | SUNCOR ENERGY INC                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -500 | NC      | $-16706.44    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK NA                                | JUL25 TRP CN C @ 70.261                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |    -46400 | NC      | $-17352.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | TARGA RESOURCES CORP                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -91 | NC      | $-35035.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | VALERO ENERGY CORP                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -149 | NC      | $-22126.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -328 | NC      | $-114800.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                             | TechnipFMC PLC                                          | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |    209599 | NS      | $7218589.56   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                          | Kinder Morgan Inc                                       | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    457658 | NS      | $13455145.20  | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CONOCOPHILLIPS                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -142 | NC      | $-8094.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd             | Canadian Natural Resources Ltd                          | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    470529 | NS      | $14788794.71  | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -188 | NC      | $-10434.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | SUNCOR ENERGY INC                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -115 | NC      | $-548.93      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CONOCOPHILLIPS                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -134 | NC      | $-7906.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | TOURMALINE OIL CORP                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -165 | NC      | $-5028.46     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | KINDER MORGAN INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -685 | NC      | $-60622.50    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | TARGA RESOURCES CORP                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -121 | NC      | $-10890.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                | Cameco Corp                                             | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |    105651 | NS      | $7846143.29   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                             | TC Energy Corp                                          | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    271150 | NS      | $13237416.56  | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | SHELL PLC                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | GB        |      -172 | NC      | $-58480.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA NA                         | JUL25 TTE FP C @ 56.6202                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               |  | US        |    -46400 | NC      | $-8358.14     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | HESS CORP                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -26 | NC      | $-3835.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | KINDER MORGAN INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -70 | NC      | $-6230.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CHEVRON CORP                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -519 | NC      | $-254310.00   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EQT CORP                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -179 | NC      | $-17631.50    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL         | JUL25 PPL CN C @ 52.053                                 | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DE               |  | US        |    -37100 | NC      | $-16690.44    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | PERMIAN RESOURCES CORP                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -694 | NC      | $-5205.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN CHASE BANK                       | AUG25 GTT FP C @ 168.198                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |     -5700 | NC      | $-33626.85    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | PERMIAN RESOURCES CORP                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -657 | NC      | $-21352.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | SUNCOR ENERGY INC                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -115 | NC      | $-844.50      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | HESS CORP                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -25 | NC      | $-6000.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | CANADIAN NATURAL RESOURCES LTD                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -422 | NC      | $-14100.24    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | WILLIAMS COS INC/THE                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -174 | NC      | $-65250.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CONOCOPHILLIPS                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -161 | NC      | $-26806.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EOG RESOURCES INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -101 | NC      | $-8080.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | SHELL PLC                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | GB        |      -274 | NC      | $-110970.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips                                          | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    132555 | NS      | $11895451.60  | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** BlackRock Energy & Resources Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer