(BGR) BlackRock Energy Resources - Overview
Stock: Energy, Resources, Equity, Derivatives, Options
Dividends
| Dividend Yield | 8.77% |
| Yield on Cost 5y | 23.55% |
| Yield CAGR 5y | 26.40% |
| Payout Consistency | 87.1% |
| Payout Ratio | 57.1% |
| Risk 5d forecast | |
|---|---|
| Volatility | 27.2% |
| Relative Tail Risk | 1.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.83 |
| Alpha | 9.35 |
| Character TTM | |
|---|---|
| Beta | 0.618 |
| Beta Downside | 0.958 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.25% |
| CAGR/Max DD | 0.66 |
Description: BGR BlackRock Energy Resources December 29, 2025
BlackRock Energy and Resources Trust (NYSE: BGR) is a closed-ended equity fund launched on 23 December 2004 and domiciled in the United States. It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited, and it focuses on publicly listed companies in the energy and natural-resources space, with a bias toward U.S. issuers but global coverage across all market-cap tiers.
In addition to direct equity holdings, the fund employs equity-derivative strategies, notably option-writing, to generate income and manage downside risk. As of the most recent filing, BGR reported net assets of roughly $1.4 billion and an expense ratio of 0.85 %, while delivering an annualized dividend yield near 8 %-a figure that reflects both its high-yield equity exposure and the income from written options.
Key drivers of performance include crude-oil price movements, global demand for natural gas, and the pace of the energy transition toward renewables. Recent macro data show U.S. crude inventories at multi-year lows and a 3-year average growth rate of 4.2 % in renewable-energy capacity additions, both of which can materially affect the fund’s sector weighting and earnings outlook.
For a deeper quantitative breakdown, you might explore ValueRay’s analytics platform.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: -608.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 0.62 > 1.0 |
| NWC/Revenue: -4.71% < 20% (prev -7.77%; Δ 3.06% < -1%) |
| CFO/TA 0.06 > 3% & CFO 20.3m > Net Income -608.6m |
| Net Debt (-228.8k) to EBITDA (14.1m): -0.02 < 3 |
| Current Ratio: 0.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (29.8m) vs 12m ago 13.07% < -2% |
| Gross Margin: 95.04% > 18% (prev 0.91%; Δ 9413 % > 0.5%) |
| Asset Turnover: 10.78% > 50% (prev 6.53%; Δ 4.24% > 0%) |
| Interest Coverage Ratio: 41.5k > 6 (EBITDA TTM 14.1m / Interest Expense TTM 576.0) |
Altman Z'' 10.00
| A: -0.01 (Total Current Assets 585.7k - Total Current Liabilities 2.42m) / Total Assets 362.0m |
| B: -0.32 (Retained Earnings -114.2m / Total Assets 362.0m) |
| C: 0.07 (EBIT TTM 23.9m / Avg Total Assets 362.0m) |
| D: 148.5 (Book Value of Equity 359.6m / Total Liabilities 2.42m) |
| Altman-Z'' Score: 155.3 = AAA |
What is the price of BGR shares?
Over the past week, the price has changed by -3.99%, over one month by +10.37%, over three months by +13.20% and over the past year by +21.39%.
Is BGR a buy, sell or hold?
What are the forecasts/targets for the BGR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 18.6 | 24.8% |
BGR Fundamental Data Overview February 03, 2026
P/S = 29.8218
P/B = 1.1176
Revenue TTM = 39.0m USD
EBIT TTM = 23.9m USD
EBITDA TTM = 14.1m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = -228.8k USD (from netDebt column, last fiscal year)
Enterprise Value = 405.0m USD (405.2m + (null Debt) - CCE 228.8k)
Interest Coverage Ratio = 41.5k (Ebit TTM 23.9m / Interest Expense TTM 576.0)
EV/FCF = 8.72x (Enterprise Value 405.0m / FCF TTM 46.4m)
FCF Yield = 11.47% (FCF TTM 46.4m / Enterprise Value 405.0m)
FCF Margin = 119.1% (FCF TTM 46.4m / Revenue TTM 39.0m)
Net Margin = -1560 % (Net Income TTM -608.6m / Revenue TTM 39.0m)
Gross Margin = 95.04% ((Revenue TTM 39.0m - Cost of Revenue TTM 1.93m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 100.0%)
Tobins Q-Ratio = 1.12 (Enterprise Value 405.0m / Total Assets 362.0m)
Interest Expense / Debt = unknown (Interest Expense 576.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 18.9m (EBIT 23.9m * (1 - 21.00%))
Current Ratio = 0.24 (Total Current Assets 585.7k / Total Current Liabilities 2.42m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = -0.02 (Net Debt -228.8k / EBITDA 14.1m)
Debt / FCF = -0.00 (Net Debt -228.8k / FCF TTM 46.4m)
Total Stockholder Equity = 382.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -168.1% (out of range, set to none)
RoE = -159.1% (Net Income TTM -608.6m / Total Stockholder Equity 382.4m)
RoCE = 6.65% (EBIT 23.9m / Capital Employed (Total Assets 362.0m - Current Liab 2.42m))
RoIC = 6.66% (EBIT 23.9m / (Assets 362.0m - Curr.Liab 2.42m - Cash 228.8k))
WACC = 8.19% (E(405.2m)/V(405.2m) * Re(8.19%) + (debt-free company))
Discount Rate = 8.19% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 4.05%
[DCF Debug] Terminal Value 78.09% ; FCFF base≈45.5m ; Y1≈47.7m ; Y5≈55.4m
Fair Price DCF = 36.58 (EV 931.0m - Net Debt -228.8k = Equity 931.2m / Shares 25.5m; r=8.19% [WACC]; 5y FCF grow 5.10% → 2.90% )
EPS Correlation: -43.61 | EPS CAGR: -48.57% | SUE: N/A | # QB: 0
Revenue Correlation: -23.38 | Revenue CAGR: -18.71% | SUE: N/A | # QB: 0