FossilFuelEquities

Oil, Gas, and Coal Corporations in CalPERS Equity Portfolio

(Source: CalPERS Annual Report, 2011)
Security
EXXON MOBIL CORP
CHEVRON CORP
SCHLUMBERGER LTD
CONOCOPHILLIPS
OCCIDENTAL PETROLEUM CORP
HALLIBURTON CO
GAZPROM OAO SPON ADR
APACHE CORP
MARATHON OIL CORP
NATIONAL OILWELL VARCO INC
ANADARKO PETROLEUM CORP
DEVON ENERGY CORPORATION
BAKER HUGHES INC
PETROLEO BRASILEIRO SPON ADR
LUKOIL OAO SPON ADR
PETROLEO BRASILEIRO S.A. ADR
VALERO ENERGY CORP
WILLIAMS COS INC
CLIFFS NATURAL RESOURCES INC
CHESAPEAKE ENERGY CORP
SPECTRA ENERGY CORP
CAMERON INTERNATIONAL CORP
SOUTHWESTERN ENERGY CO
MURPHY OIL CORP
KINDER MORGAN ENERGY PRTNRS
NOBLE ENERGY INC
SEMPRA ENERGY
ROSNEFT OJSC REG S GDR
ALPHA NATURAL RESOURCES INC
EL PASO CORP
WILLIAMS PARTNERS LP
CONSTELLATION ENERGY GROUP
CIMAREX ENERGY CO

Shares
14372286
5715955
4037077
4321671
2678966
2830971
9226679
985403
2261960
1389497
1362332
1191710
1187865
2551569
1200261
1775104
2285560
1876154
520898
1599092
1665431
880101
1025546
625207
547026
432185
715167
4457671
777183
1729945
609210
863328
325258

Book Value
$439,192,847
$246,934,174
$139,780,297
$134,133,165
$110,594,764
$56,740,200
$126,634,122
$47,109,388
$46,427,854
$43,246,591
$35,785,881
$44,786,760
$39,915,351
$80,879,715
$77,788,179
$65,599,023
$48,205,825
$32,909,029
$30,536,811
$37,051,669
$32,633,130
$27,373,711
$25,842,197
$26,309,366
$37,764,922
$14,807,157
$24,914,950
$31,040,898
$28,252,639
$22,119,569
$28,790,238
$25,952,103
$16,628,988
Page 1

Market Value
$1,169,616,635
$587,828,812
$348,803,453
$324,946,442
$278,719,623
$144,379,521
$134,248,179
$121,588,876
$119,160,053
$108,672,560
$104,572,604
$93,918,665
$86,191,484
$78,282,137
$76,516,639
$60,105,006
$58,441,769
$56,753,659
$48,157,020
$47,477,041
$45,649,464
$44,260,279
$43,975,412
$41,051,092
$39,714,088
$38,736,742
$37,818,031
$37,533,592
$35,315,196
$34,944,889
$33,006,998
$32,771,931
$29,247,199

FossilFuelEquities
WALTER ENERGY INC
NEWFIELD EXPLORATION CO
WHITING PETROLEUM CORP
KBR INC
ROSNEFT OJSC REG S GDR
NOBLE CORP
PIONEER NATURAL RESOURCES CO
GAZPROM OAO SPON ADR
BUCKEYE PARTNERS LP
PLAINS ALL AMER PIPELINE LP
PATTERSON UTI ENERGY INC
ENERGY TRANSFER PARTNERS LP
CONCHO RESOURCES INC
EQT CORP
RANGE RESOURCES CORP
SUNOCO INC
PETROHAWK ENERGY CORP
TESORO CORP
CMS ENERGY CORP
OCEANEERING INTL INC
ENERGY TRANSFER EQUITY LP
HOLLYFRONTIER CORP
LINN ENERGY LLC UNITS
ULTRA PETROLEUM CORP
NATIONAL FUEL GAS CO
CABOT OIL + GAS CORP
ASHLAND INC
MCDERMOTT INTL INC
KINDER MORGAN MGMT LLC
ROWAN COMPANIES INC
OGE ENERGY CORP
ARCH COAL INC
DIAMOND OFFSHORE DRILLING
ECOPETROL SA SPONSORED ADR
MDU RESOURCES GROUP INC
SONOCO PRODUCTS CO
MAGELLAN MIDSTREAM PARTNERS
EL PASO PIPELINE PARTNERS LP

237100
384128
429689
607434
2633056
559129
233019
1387200
312538
302460
610088
391923
207729
360848
333597
421540
702050
754532
874437
423430
373560
233741
404352
336940
210411
220549
224347
715122
214578
352695
263944
473228
177013
282570
552310
326772
192763
329877

$12,236,087
$7,743,602
$17,121,721
$12,044,187
$22,528,545
$19,071,000
$8,246,666
$19,370,460
$19,756,077
$18,633,895
$10,756,034
$19,664,172
$6,650,117
$7,482,030
$3,031,853
$10,659,916
$9,915,301
$14,165,467
$16,516,592
$10,189,250
$13,506,690
$9,260,385
$13,227,689
$13,418,889
$4,917,377
$11,993,081
$8,549,520
$7,103,311
$12,194,660
$8,864,262
$8,763,957
$11,396,277
$8,195,486
$12,278,211
$5,894,569
$6,750,225
$9,589,154
$11,193,046
Page 2

$27,456,180
$26,128,387
$24,453,601
$22,894,187
$22,170,332
$22,035,274
$20,871,512
$20,225,376
$20,177,453
$19,357,440
$19,284,882
$19,153,277
$19,079,909
$18,951,737
$18,514,634
$17,582,433
$17,319,574
$17,286,328
$17,217,665
$17,148,915
$16,795,258
$16,221,625
$15,798,033
$15,431,852
$15,317,921
$14,624,604
$14,497,303
$14,166,567
$14,074,171
$13,688,093
$13,281,662
$12,616,258
$12,463,485
$12,435,906
$12,426,975
$11,613,477
$11,513,734
$11,463,226

FossilFuelEquities
TOTAL SA SPON ADR
PLAINS EXPLORATION + PRODUCT
ENERGEN CORP
BRIGHAM EXPLORATION CO
ENBRIDGE ENERGY PARTNERS LP
OIL STATES INTERNATIONAL INC
SM ENERGY CO
GREAT PLAINS ENERGY INC
FOREST OIL CORP
SANDRIDGE ENERGY INC
TIDEWATER INC
MARKWEST ENERGY PARTNERS LP
DRIL QUIP INC
AGL RESOURCES INC
FRONTIER OIL CORP
WORLD FUEL SERVICES CORP
BERRY PETROLEUM CO CLASS A
ROSETTA RESOURCES INC
NUSTAR ENERGY LP
KEY ENERGY SERVICES INC
CLOUD PEAK ENERGY INC
ATWOOD OCEANICS INC
SUPERIOR ENERGY SERVICES INC
SOUTHWEST GAS CORP
SURGUTNEFTEGAS SP ADR
HELIX ENERGY SOLUTIONS GROUP
REPSOL YPF SA SPONSORED ADR
MCMORAN EXPLORATION CO
ENERGY XXI BERMUDA
BP PRUDHOE BAY ROYALTY TRUST
GULFPORT ENERGY CORP
INTEROIL CORP
COPANO ENERGY LLC UNITS
PATRIOT COAL CORP
TARGA RESOURCES PARTNERS LP
PENN VIRGINIA RESOURCE PARTN
ALLIANCE RESOURCE PARTNERS
EV ENERGY PARTNER LP

195879
296643
196900
351341
344220
127073
136622
462019
323374
785233
154646
171803
120393
198690
238215
200896
135560
138119
105010
373500
300718
143615
160076
153917
602595
356123
169494
311885
165781
48328
181474
89054
148594
227968
139182
182520
63248
91015

$10,908,842
$9,038,466
$8,472,789
$5,257,220
$9,422,704
$5,605,829
$3,378,967
$9,686,295
$8,794,213
$7,949,914
$4,629,189
$6,798,207
$6,324,710
$7,204,351
$4,805,445
$4,129,118
$3,679,175
$3,626,866
$6,435,222
$6,177,147
$4,680,405
$3,748,258
$3,630,824
$5,277,118
$6,410,080
$7,285,339
$5,033,942
$3,687,871
$3,554,227
$3,712,020
$2,422,712
$5,765,656
$4,204,286
$3,523,422
$4,047,213
$4,350,258
$3,669,908
$3,458,840
Page 3

$11,329,641
$11,308,031
$11,124,850
$10,515,636
$10,350,695
$10,154,403
$10,038,985
$9,577,654
$8,637,320
$8,370,584
$8,321,501
$8,287,777
$8,166,257
$8,088,670
$7,696,727
$7,218,193
$7,202,303
$7,118,653
$6,793,097
$6,723,000
$6,405,293
$6,337,730
$5,945,223
$5,942,735
$5,905,431
$5,897,397
$5,891,611
$5,763,635
$5,507,245
$5,395,338
$5,387,963
$5,210,550
$5,084,887
$5,074,568
$4,954,879
$4,917,089
$4,898,558
$4,854,740

FossilFuelEquities
WESTERN REFINING INC
COBALT INTERNATIONAL ENERGY
SWIFT ENERGY CO
ATLAS PIPELINE PARTNERS LP
STONE ENERGY CORP
QUICKSILVER RESOURCES INC
CONTANGO OIL + GAS
CVR ENERGY INC
CARRIZO OIL + GAS INC
TC PIPELINES LP
GOODRICH PETROLEUM CORP
FERRELLGAS PARTNERS LP
COMSTOCK RESOURCES INC
ATLAS ENERGY LP
ION GEOPHYSICAL CORP
BLACK HILLS CORP
BASIC ENERGY SERVICES INC
OASIS PETROLEUM INC
DCP MIDSTREAM PARTNERS LP
PARKER DRILLING CO
LACLEDE GROUP INC/THE
DUNCAN ENERGY PARTNERS LP
SABINE ROYALTY TRUST
WESTERN GAS PARTNERS LP
NOVATEK OAO SPONS GDR REG S
CROSSTEX ENERGY LP
NATURAL RESOURCE PARTNERS LP
MV OIL TR
KINDER MORGAN INC
EXTERRAN HOLDINGS INC
KODIAK OIL + GAS CORP
PETROLEUM DEVELOPMENT CORP
MARTIN MIDSTREAM PARTNERS LP
SUBURBAN PROPANE PARTNERS LP
SAN JUAN BASIN ROYALTY TR
NEWPARK RESOURCES INC
LUKOIL OAO SPON ADR
GRAN TIERRA ENERGY INC

265365
350130
122841
138713
150017
289832
72403
170541
90798
78777
190097
154640
120464
158621
361555
113260
104580
106400
70635
493919
76235
66268
44574
77996
19947
147695
80337
61813
85400
123265
416139
80258
60511
44549
96328
253162
34869
335302

$3,081,228
$3,041,433
$2,423,188
$2,612,374
$4,531,595
$5,342,710
$3,403,370
$1,579,472
$3,996,551
$3,548,694
$3,391,075
$4,007,515
$2,282,950
$2,544,705
$3,356,495
$3,720,023
$1,509,429
$3,416,510
$2,797,071
$3,134,911
$1,885,067
$2,564,327
$2,416,564
$1,951,804
$2,202,668
$1,853,210
$2,488,237
$1,757,920
$2,516,081
$2,971,301
$1,178,855
$2,063,145
$2,003,161
$2,312,724
$2,501,557
$1,679,504
$2,429,440
$2,102,185
Page 4

$4,795,146
$4,772,272
$4,578,284
$4,571,980
$4,559,017
$4,277,920
$4,231,231
$4,198,719
$3,790,817
$3,763,177
$3,499,686
$3,490,225
$3,468,159
$3,446,834
$3,420,310
$3,407,993
$3,291,133
$3,157,952
$2,893,916
$2,889,426
$2,883,970
$2,866,754
$2,841,147
$2,771,978
$2,754,681
$2,680,664
$2,664,778
$2,586,256
$2,453,542
$2,444,345
$2,401,122
$2,400,517
$2,335,119
$2,329,022
$2,321,505
$2,296,179
$2,217,668
$2,216,346

FossilFuelEquities
NORDIC AMERICAN TANKERS LTD
PETROQUEST ENERGY INC
TEXTAINER GROUP HOLDINGS LTD
TEEKAY LNG PARTNERS LP
SUNOCO LOGISTICS PARTNERS LP
GENESIS ENERGY L.P.
TPC GROUP INC
REX ENERGY CORP
HORNBECK OFFSHORE SERVICES
BILL BARRETT CORP
BREITBURN ENERGY PARTNERS LP
CLEAN ENERGY FUELS CORP
EXTERRAN PARTNERS LP
HOUSTON AMERICAN ENERGY CORP
GORMAN RUPP CO
NISKA GAS STORAGE PARTNERS U
CLAYTON WILLIAMS ENERGY INC
CROSSTEX ENERGY INC
MAGNUM HUNTER RESOURCES CORP
CHENIERE ENERGY INC
AMERIGAS PARTNERS LP
ATP OIL + GAS CORPORATION
ENERGY PARTNERS LTD
EAGLE ROCK ENERGY PARTNERS
HERCULES OFFSHORE INC
VANTAGE DRILLING CO
RESOLUTE ENERGY CORP
CALLON PETROLEUM CO
W+T OFFSHORE INC
PIONEER DRILLING COMPANY
ENDEAVOUR INTERNATIONAL CORP
MITCHAM INDUSTRIES INC
VAALCO ENERGY INC
JAMES RIVER COAL CO
HARVEST NATURAL RESOURCES IN
APPROACH RESOURCES INC
GULFMARK OFFSHORE INC CL A
WARREN RESOURCES INC

97158
311104
70406
57157
24360
75912
51380
195856
72760
43100
101364
148861
76080
106300
56287
106300
30262
151581
260504
190910
38448
111010
114635
148291
297803
876100
97310
211329
56336
95863
94784
81735
223227
64364
119629
56010
28674
329358

$2,393,311
$1,348,518
$1,363,431
$2,001,046
$1,897,995
$2,125,025
$1,269,959
$2,518,392
$2,002,320
$1,248,022
$1,770,884
$1,911,315
$1,960,250
$1,059,178
$1,582,438
$2,257,191
$2,599,928
$1,307,415
$1,206,726
$928,558
$1,703,913
$2,214,558
$1,594,685
$986,274
$1,828,495
$1,236,214
$1,734,548
$1,253,523
$1,254,235
$1,257,942
$831,004
$837,563
$1,603,235
$1,108,811
$991,149
$1,296,542
$1,046,428
$1,034,159
Page 5

$2,209,373
$2,183,950
$2,164,280
$2,114,237
$2,098,614
$2,069,361
$2,015,124
$2,011,441
$2,000,900
$1,997,685
$1,972,543
$1,957,522
$1,953,734
$1,927,219
$1,854,094
$1,826,234
$1,817,233
$1,803,814
$1,761,007
$1,748,736
$1,731,313
$1,699,563
$1,697,744
$1,644,547
$1,640,895
$1,594,502
$1,572,530
$1,483,530
$1,471,496
$1,460,952
$1,428,395
$1,414,016
$1,343,827
$1,340,058
$1,319,508
$1,269,747
$1,267,104
$1,254,854

FossilFuelEquities
ALON USA ENERGY INC
WHITING USA TRUST I
TRANSMONTAIGNE PARTNERS LP
TEEKAY OFFSHORE PARTNERS LP
GLOBAL INDUSTRIES LTD
MATRIX SERVICE CO
GEOKINETICS INC
YANZHOU COAL MINING SP ADR
PUDA COAL INC
GLOBAL GEOPHYSICAL SERVICES
DORCHESTER MINERALS LP
NUSTAR GP HOLDINGS LLC
SCORPIO TANKERS INC
ABRAXAS PETROLEUM CORP
TRANSATLANTIC PETROLEUM LTD
VENOCO INC
TRIANGLE PETROLEUM CORP
OVERSEAS SHIPHOLDING GROUP
CECO ENVIRONMENTAL CORP
NEXEN INC
BPZ RESOURCES INC
APCO OIL AND GAS INTL INC
MILLER ENERGY RESOURCES INC
NATURAL GAS SERVICES GROUP
PANHANDLE OIL AND GAS INC A
GEORESOURCES INC
SANDRIDGE MISSISSIPPIAN TRUS
OIL DRI CORP OF AMERICA
CHESAPEAKE MIDSTREAM PARTNER
FX ENERGY INC
L+L ENERGY INC
WESTMORELAND COAL CO
GENERAL MARITIME CORP
UNION DRILLING INC
PAA NATURAL GAS STORAGE LP
ZION OIL + GAS INC
TOREADOR RESOURCES CORP
CREDO PETROLEUM CORP

108896
71627
34720
41170
217578
86300
145696
28900
184900
61850
40242
29706
102816
262863
584000
68551
132738
31130
120700
33500
215138
7973
106165
42001
22769
29850
25000
30343
22400
71420
120789
34900
456089
57400
24511
92624
144500
55800

$836,151
$1,464,343
$1,113,723
$1,122,743
$1,503,445
$743,446
$1,143,719
$349,230
$2,147,236
$605,712
$1,035,589
$945,063
$1,329,417
$785,425
$1,841,992
$962,674
$907,041
$1,016,032
$1,300,562
$681,109
$2,750,494
$269,847
$531,898
$367,467
$467,969
$783,530
$525,000
$654,807
$600,900
$559,145
$989,348
$692,510
$2,760,169
$640,263
$596,812
$471,126
$1,036,455
$1,120,030
Page 6

$1,227,258
$1,216,943
$1,212,075
$1,208,340
$1,192,327
$1,154,694
$1,148,084
$1,112,361
$1,109,400
$1,100,930
$1,084,522
$1,069,416
$1,027,132
$1,006,765
$992,800
$873,340
$857,487
$838,642
$813,518
$753,750
$705,653
$693,093
$679,456
$678,736
$671,458
$671,327
$661,250
$649,947
$642,880
$627,068
$619,648
$619,475
$615,720
$590,646
$555,664
$551,113
$536,095
$522,846

FossilFuelEquities
CRUDE CARRIERS CORP
DELTA PETROLEUM CORP
ENERGY RECOVERY INC
HOLLY ENERGY PARTNERS LP
FREIGHTCAR AMERICA INC
CRESTWOOD MIDSTREAM PARTNERS
SPECTRA ENERGY PARTNERS LP
MAGELLAN PETROLEUM CORP
GOLAR LNG PARTNERS LP
NAVIOS MARITIME ACQUISITION
MOL HUNGARIAN OIL SP ADR
ADAMS RESOURCES + ENERGY INC
RESOURCE AMERICA INC CL A
CRIMSON EXPLORATION INC
TSAKOS ENERGY NAVIGATION LTD
DOUBLE EAGLE PETROLEUM CO
SINOCOKING COAL AND COKE CHE
GASTAR EXPLORATION LTD
CHENIERE ENERGY PARTNERS LP
FIELDPOINT PETROLEUM CORP
ENGLOBAL CORP
VOYAGER OIL + GAS INC
U S ENERGY CORP WYOMING
GULF RESOURCES INC
CAMAC ENERGY INC
VANGUARD NAT RES LLC
DOMINION RES BLACK WARRIOR TR
ROYALE ENERGY INC
CHINA NATURAL GAS INC
EVERGREEN ENERGY INC
UNIONTOWN ENERGY INC
ULTRAPETROL (BAHAMAS) LTD
TEXAS PACIFIC LAND TRUST
MEXCO ENERGY CORP
TENGASCO INC
SEAHAWK DRILLING INC
NORTH EUROPEAN OIL RTY TR
KNIGHTSBRIDGE TANKERS LTD

38400
1039741
151814
8925
18208
16356
13822
258600
15000
103000
6002
14900
64000
102300
35780
39785
69415
90926
17007
110740
99600
97400
64960
88791
195300
8400
22100
71182
51732
104191
273000
30700
3081
14900
183248
23649
3476
4900

$672,191
$1,728,192
$508,695
$461,114
$458,061
$451,716
$452,566
$307,657
$337,500
$406,738
$242,073
$226,378
$534,668
$330,767
$440,757
$504,438
$804,177
$401,924
$300,464
$350,816
$843,760
$375,653
$341,040
$833,347
$660,202
$273,657
$330,248
$598,720
$269,997
$370,562
$474,802
$163,444
$115,654
$463,528
$213,229
$239,801
$104,697
$95,267
Page 7

$516,480
$515,712
$496,432
$484,449
$461,391
$440,794
$439,816
$434,448
$427,500
$418,180
$414,138
$379,950
$375,680
$363,165
$357,800
$347,721
$316,532
$311,876
$305,616
$302,320
$301,788
$289,278
$277,379
$275,252
$259,749
$236,208
$227,851
$198,598
$197,616
$186,502
$155,610
$151,658
$139,785
$137,825
$135,604
$134,799
$113,109
$107,947

FossilFuelEquities
OILSANDS QUEST INC
PRIMEENERGY CORP
GASCO ENERGY INC
LONGWEI PETROLEUM INVESTMENT
RAM ENERGY RESOURCES INC
BLUE DOLPHIN ENERGY CO
GAS NATURAL INC
POSTROCK ENERGY CORP
SINOTECH ENERGY LTD SPON ADR
LUCAS ENERGY INC
PRIMORIS SERVICES CORP
CONSTELLATION ENERGY PARTNER
SINO CLEAN ENERGY INC
GEOGLOBAL RESOURCES INC
ERHC ENERGY INC
CANO PETROLEUM INC
PROGRESS ENERGY INC
ARABIAN AMERICAN DEVELOPMENT
CUBIC ENERGY INC
AEGEAN MARINE PETROLEUM NETW
TRI VALLEY CORP
KAYNE ANDERSON ENERGY DEV CO
GEOPETRO RESOURCES CO
TRANS ENERGY INC
CHINA NORTH EAST PETROLEUM
PERMIAN BASIN ROYALTY TRUST
PYRAMID OIL CO
KOSMOS ENERGY LTD
ENCORE ENERGY PARTNERS LP
GLOBAL PARTNERS LP

320800
4380
454688
57100
62900
23945
6150
12096
16700
23500
4900
24100
47000
107800
313516
121150
381225
7600
31300
2900
29040
800
31500
4800
2500
369
1376
300
94
54
Total
% of Total CalPERS Equity Portfolio

$135,236
$276,167
$652,540
$144,138
$289,988
$367,794
$27,804
$650,034
$105,824
$17,921
$31,191
$91,098
$249,112
$115,492
$67,536
$632,880
$186,800
$28,218
$31,035
$26,463
$172,744
$14,664
$49,542
$19,212
$10,675
$7,050
$4,555
$5,256
$1,869
$1,361
$3,100,267,672
8.2%

Page 8

$102,656
$102,536
$100,804
$84,508
$78,625
$72,074
$71,033
$70,520
$69,138
$66,270
$63,210
$62,178
$57,340
$50,666
$43,892
$39,677
$38,123
$30,780
$22,223
$20,561
$17,424
$14,504
$12,915
$11,520
$8,125
$7,985
$6,467
$5,094
$2,004
$1,374
$5,707,897,301
10.1%