# EDGAR Filing Document

**Accession Number:** 0001306550
**File Stem:** 0001752724-23-040677
**Filing Date:** 2023-2
**Character Count:** 39393
**Document Hash:** 363d98517e874d1b5221c9d4e8f03b87
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-040677.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-040677

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Energy & Resources Trust
- **CENTRAL INDEX KEY:** 0001306550
- **IRS NUMBER:** 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:** 23668361

**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:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $407248340.87

**Total Liabilities:** $8626288.36

**Net Assets:** $398622052.51

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 16.61%               | 3.78%                | -2.80%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5277736.89              | $59488615.19                               |
| Month 2  | $3409523.33              | $8883171.88                                |
| Month 3  | $4476394.70              | $-21240538.76                              |

**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.                     | SHELL PLC                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | GB        |      -614 | NC      | $-70610.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | PATTERSON-UTI ENERGY INC                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -197 | NC      | $-13297.50    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | WILLIAMS COS INC/THE                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -464 | NC      | $-4640.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                  | Shell PLC                                               | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    651022 | NS      | $37075702.90  | 9.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |     -1160 | NC      | $-138040.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL         | FEB23 BP. LN C @ 4.9179                                 | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DE               |  | US        |   -642000 | NC      | $-74665.24    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | TOURMALINE OIL CORP                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -273 | NC      | $-1512.19     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CONOCOPHILLIPS                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -122 | NC      | $-976.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CONOCOPHILLIPS                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -183 | NC      | $-65880.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CHEVRON CORP                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -74 | NC      | $-13357.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                | FEB23 GALP PL C @ 12.2099                               | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |    -73100 | NC      | $-55850.05    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | ARC RESOURCES LTD                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -255 | NC      | $-1883.31     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                | JAN23 ENI IM C @ 13.5862                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |    -91900 | NC      | $-27858.62    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | DARLING INGREDIENTS INC                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -58 | NC      | $-4350.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                                  | Hess Corp                                               | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |     82390 | NS      | $11684549.80  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CHEVRON CORP                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -473 | NC      | $-111628.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                     | BP PLC                                                  | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |   3130300 | NS      | $18061648.29  | 4.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | KINDER MORGAN INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -639 | NC      | $-11502.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                         | Valero Energy Corp                                      | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |    101374 | NS      | $12860305.64  | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -246 | NC      | $-14391.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                    | Marathon Petroleum Corp                                 | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     87125 | NS      | $10140478.75  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | PATTERSON-UTI ENERGY INC                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -232 | NC      | $-5800.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL BANK OF CANADA                       | JAN23 TTE FP C @ 60.7658                                | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DE               |  | US        |    -33063 | NC      | $-9894.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | VALERO ENERGY CORP                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -124 | NC      | $-2790.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Ltd                           | Schlumberger Ltd                                        | CUSIP: 000000000<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    123600 | NS      | $6607656.00   | 1.66%             |  |  |  | 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        |      -180 | NC      | $-7112.26     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ARC Resources Ltd                          | ARC Resources Ltd                                       | CUSIP: 00208D408<br>LEI: FIR47I6FEYKYNJBYW622 | Long             | EC               | CORP              | CA        |    319380 | NS      | $4304789.51   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tourmaline Oil Corp                        | Tourmaline Oil Corp                                     | CUSIP: 89156V106<br>LEI: 549300EWGW5PUCV5A109 | Long             | EC               | CORP              | CA        |    120033 | NS      | $6056613.41   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN CHASE BANK                       | JAN23 STO AU C @ 7.5993                                 | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |   -166800 | NC      | $-10352.66    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | CANADIAN NATURAL RESOURCES LTD                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -366 | NC      | $-15002.22    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                          | EOG Resources Inc                                       | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    128129 | NS      | $16595268.08  | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                       | Williams Cos Inc/The                                    | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    413132 | NS      | $13592042.80  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                        | Cheniere Energy Inc                                     | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     44050 | NS      | $6605738.00   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                | JAN23 STO AU C @ 7.4346                                 | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |   -148600 | NC      | $-3538.06     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | CONOCOPHILLIPS                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -160 | NC      | $-6560.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                | FEB23 TEN IM C @ 17.0524                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |    -30300 | NC      | $-11122.48    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | EOG RESOURCES INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -171 | NC      | $-54720.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Cenovus Energy Inc                         | Cenovus Energy Inc                                      | CUSIP: 15135U109<br>LEI: 549300EIRQ0Z2B9C1W06 | Long             | EC               | CORP              | CA        |    518806 | NS      | $10065756.00  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                           | TotalEnergies SE                                        | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    457498 | NS      | $28718583.88  | 7.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Patterson-UTI Energy Inc                   | Patterson-UTI Energy Inc                                | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |    118150 | NS      | $1989646.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | WILLIAMS COS INC/THE                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -154 | NC      | $-1540.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                                 | Tenaris SA                                              | CUSIP: 000000000<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |    264500 | NS      | $4638721.55   | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | DIAMONDBACK ENERGY INC                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -130 | NC      | $-62400.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients Inc                    | Darling Ingredients Inc                                 | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |     29124 | NS      | $1822871.16   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                               | Chevron Corp                                            | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    208920 | NS      | $37499050.80  | 9.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL BANK OF CANADA                       | JAN23 TEN IM C @ 17.2242                                | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DE               |  | US        |    -68500 | NC      | $-7395.64     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | EOG RESOURCES INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -173 | NC      | $-48872.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                | JAN23 GALP PL C @ 12.2099                               | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |    -73100 | NC      | $-46611.10    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                          | JAN23 SHEL US C @ 58.934                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DE               |  | US        |    -65800 | NC      | $-7586.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | WILLIAMS COS INC/THE                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -154 | NC      | $-3850.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | CENOVUS ENERGY INC                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -321 | NC      | $-17780.65    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL         | JAN23 BP/ LN C @ 5.0999                                 | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DE               |  | US        |   -619300 | NC      | $-3466.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Santos Ltd                                 | Santos Ltd                                              | CUSIP: 000000000<br>LEI: 5299000RK70B5O2M7077 | Long             | EC               | CORP              | AU        |    926136 | NS      | $4554917.60   | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | TC ENERGY CORP                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -598 | NC      | $-19211.96    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | MARATHON PETROLEUM CORP                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -155 | NC      | $-2712.50     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                           | Exxon Mobil Corp                                        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    590545 | NS      | $65137113.50  | 16.34%            |  |  |  | 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        |       -71 | NC      | $-14970.83    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | KOSMOS ENERGY LTD                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -555 | NC      | $-2775.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | OVINTIV INC                                             | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -71 | NC      | $-887.50      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | CENOVUS ENERGY INC                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -316 | NC      | $-1050.22     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SUSQUEHANNA FINANCIAL GROUP LLLP           | OS US FLEX                                              | CUSIP: 000000000<br>LEI: 549300E8QX0ZMRDC2M81 | N/A              | DE               |  | US        |      -549 | NC      | $-15451.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SUSQUEHANNA FINANCIAL GROUP LLLP           | MAR23 KOS US CALL                                       | CUSIP: 000000000<br>LEI: 549300E8QX0ZMRDC2M81 | N/A              | DE               |  | US        |      -560 | NC      | $-47094.32    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | TOURMALINE OIL CORP                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -184 | NC      | $-11483.01    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | SHELL PLC                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | GB        |      -577 | NC      | $-66355.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | DIAMONDBACK ENERGY INC                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -73 | NC      | $-1095.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | VALERO ENERGY CORP                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -124 | NC      | $-9796.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | SCHLUMBERGER LTD                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | CW        |      -235 | NC      | $-29140.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | ARC RESOURCES LTD                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -636 | NC      | $-46737.08    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Kosmos Energy Ltd                          | Kosmos Energy Ltd                                       | CUSIP: 500688106<br>LEI: 213800YDFJ3OT9B5P157 | Long             | EC               | CORP              | US        |    495584 | NS      | $3151914.24   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Gazprom PJSC                               | Gazprom PJSC                                            | CUSIP: 000000000<br>LEI: 253400KXA9P2AN72P004 | Long             | EC               | CORP              | RU        |    879200 | NS      | $119.21       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Galp Energia SGPS SA                       | Galp Energia SGPS SA                                    | CUSIP: 000000000<br>LEI: 2138003319Y7NM75FG53 | Long             | EC               | CORP              | PT        |    384850 | NS      | $5191864.77   | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | WILLIAMS COS INC/THE                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -519 | NC      | $-3892.50     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | ARC RESOURCES LTD                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -331 | NC      | $-1222.30     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | CENOVUS ENERGY INC                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |     -1335 | NC      | $-187826.81   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | VALERO ENERGY CORP                                      | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -137 | NC      | $-21577.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                          | Kinder Morgan Inc                                       | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    486900 | NS      | $8803152.00   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd             | Canadian Natural Resources Ltd                          | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    257859 | NS      | $14319363.52  | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | KINDER MORGAN INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -640 | NC      | $-38720.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL         | JAN23 TTE FP C @ 58.5143                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DE               |  | US        |   -104700 | NC      | $-144469.40   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Eni SpA                                    | Eni SpA                                                 | CUSIP: 000000000<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | EC               | CORP              | IT        |    578150 | NS      | $8220981.00   | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | HESS CORP                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -168 | NC      | $-32760.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN CHASE BANK                       | JAN23 SHEL US C @ 56.328                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               |  | US        |    -61400 | NC      | $-72279.47    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL         | JAN23 STO AU C @ 7.5808                                 | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DE               |  | US        |    -36550 | NC      | $-65.95       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | CHENIERE ENERGY INC                                     | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -122 | NC      | $-3050.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                             | TC Energy Corp                                          | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    317200 | NS      | $12645831.61  | 3.17%             |  |  |  | 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        |      -363 | NC      | $-23056.13    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal | TC ENERGY CORP                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |      -598 | NC      | $-2649.93     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | MARATHON PETROLEUM CORP                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -177 | NC      | $-71685.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CONOCOPHILLIPS                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -225 | NC      | $-72562.50    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | KINDER MORGAN INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -517 | NC      | $-775.50      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NOMURA SECURITIES INTERNATIONAL INC        | LNG US FLEX                                             | CUSIP: 000000000<br>LEI: OXTKY6Q8X53C9ILVV871 | N/A              | DE               |  | US        |       -45 | NC      | $-7446.83     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Glencore PLC                               | Glencore PLC                                            | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |    513550 | NS      | $3424681.97   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                     | Diamondback Energy Inc                                  | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     53400 | NS      | $7304052.00   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EOG RESOURCES INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -142 | NC      | $-9940.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | WILLIAMS COS INC/THE                                    | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -279 | NC      | $-11160.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CHEVRON CORP                                            | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -246 | NC      | $-146370.00   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                                | Ovintiv Inc                                             | CUSIP: 69047Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75350 | NS      | $3820998.50   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | CONOCOPHILLIPS                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -225 | NC      | $-13275.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                  | BlackRock Liquidity Funds: T-Fund, Institutional Shares | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |   7695475 | NS      | $7695475.23   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | HESS CORP                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -146 | NC      | $-11315.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -259 | NC      | $-86117.50    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                | FEB23 TTE FP C @ 60.7597                                | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |    -32513 | NC      | $-29614.67    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | EXXON MOBIL CORP                                        | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -556 | NC      | $-184870.00   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| SUSQUEHANNA FINANCIAL GROUP LLLP           | OVV US FLEX                                             | CUSIP: 000000000<br>LEI: 549300E8QX0ZMRDC2M81 | N/A              | DE               |  | US        |      -216 | NC      | $-84266.57    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL         | JAN23 ENI IM C @ 14.5734                                | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DE               |  | US        |   -122000 | NC      | $-144.96      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NOMURA SECURITIES INTERNATIONAL INC        | FEB23 DAR US CALL                                       | CUSIP: 000000000<br>LEI: OXTKY6Q8X53C9ILVV871 | N/A              | DE               |  | US        |       -36 | NC      | $-9069.73     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips                                          | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    244893 | NS      | $28897329.16  | 7.25%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

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

**Signature:** Ann Frechette

**Name of Signer:** Ann Frechette

**Title:** Assistant Treasurer