BlackRock considers selling Saudi Aramco gas pipelines stake - report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 03 2025
0mins
Source: SeekingAlpha
BlackRock's Potential Sale: BlackRock is considering selling its stake in the leasing rights to Saudi Aramco's natural gas pipeline network back to Aramco, with ongoing discussions about the transaction.
Investment Background: BlackRock acquired a 49% stake in the pipeline leasing rights for $15.5 billion in 2021, and while no final decisions have been made, the talks may lead to alternative options if an agreement isn't reached.
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Analyst Views on BLK
Wall Street analysts forecast BLK stock price to rise
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 1011.210
Low
1209
Averages
1354
High
1550
Current: 1011.210
Low
1209
Averages
1354
High
1550
About BLK
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology and subscription services to institutional and retail clients. Its diverse platforms of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enable it to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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