STATE SPOTLIGHT

BlackRock in Texas

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On behalf of our clients, BlackRock has invested $115 billion in Texas oil and gas companies.

This makes us one of the largest investors in oil and gas in Texas.

BlackRock is invested in the future of Texans.

BlackRock. As of 09/12/2024. Based on publicly-listed oil and gas companies domiciled in Texas.

This material does not constitute investment advice. Investment involves risks, including possible loss of principal.

©2025 BlackRock, Inc. or its affiliates. All rights reserved. BLACKROCK is a trademark of BlackRock, inc., or its affiliates. All other trademarks are those of their respective owners. RO: 4097856

Invested in the future of Texas

BlackRock is invested in the future of Texans as one of the largest investors in oil and gas. Watch the video to learn more.

Texas spotlight

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+$379.7 billion

Invested in public companies in Texas1
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+$134.6 billion

Invested in public energy companies in Texas2
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+$14.6 billion

Invested in Texas municipal bonds on behalf of our clients3
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+2.2 million

Texas-based investor accounts served through iShares ETFs4
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+2.5 million

people work for Texas-based companies that have access to a BlackRock retirement product5

TEXN presents a new opportunity for Texans, and investors across the country, to invest in nearly 200 companies powering the state’s economy and to capitalize on Texas’ twin engines of business and population growth.

Joe DeVico
Head of Americas Client Business, BlackRock

Invest in Texas with TEXN

BlackRock launched the iShares Texas Equity ETF (TEXN), opening greater access to invest in the strength and diversity of the Texas economy through the efficiency and convenience of an exchange-traded fund (ETF). TEXN seeks to invest in U.S. companies headquartered in Texas, providing investors targeted exposure to a dynamic state economy.
Learn more about the iShares Texas Equity ETF (TEXN) Learn more about the iShares Texas Equity ETF (TEXN)
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The BlackRock Foundation has pledged $4 million to The Commit Partnership (Commit) and Education is Freedom (EIF)

This funding will expand access to educational and career opportunities for 31,000 Dallas County students, with the plan to increase high school graduation rates to 87% by 2028.

This pledge is a part of The BlackRock Foundation’s mission to expand economic security across the US by empowering the next generation of Americans.

The BlackRock Foundation believes in Texas’s next generation

The BlackRock Foundation’s mission is to help people earn, save, and invest for their futures. It has committed $4M to Dallas nonprofits, The Commit Partnership, and Education is Freedom to help expand educational and career opportunities for 31,000 Dallas County students, with a plan to increase high school graduation rates to 87% by 2028.

Learn more Learn more

Who we are and how we serve our clients across the U.S.

BlackRock is one of the world’s leading providers of investment, advisory and risk management solutions. We are a fiduciary to our clients, and by investing on their behalf, we help millions of hardworking Americans experience financial well-being.6 Our clients depend on us to act in their best interests and to seek the best risk-adjusted returns.

We seek to achieve this by: 

  • Helping Americans build financial security with an investment approach that serves them throughout their lives. We help manage retirement assets for more than 35 million Americans.7
  • Making investing easier and in reach for millions of Americans, serving people with more low-cost ways to invest. Through our iShares funds, we offer more ETFs in the U.S. than anyone else.8
  • Helping our clients invest in local transportation infrastructure. We're proud to invest $27 billion in U.S. roads, bridges, airports, and seaports on behalf of our clients.9