Global Energy Healthy potentially undervalued

Antero Resources

Market Cap: US$11.0b

An independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States.

Flowco Holdings

Market Cap: US$2.2b

Through its subsidiaries, provides production optimization, artificial lift, and emissions management and monetization solutions for the oil and natural gas industry in the United States.

Range Resources

Market Cap: US$9.2b

Operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States.

Ventura Offshore Holding

Market Cap: NOK 3.2b

A deep-water drilling contractor, provides offshore drilling services in deep and ultra-deep waters for the oil and gas industry in Brazil and internationally.

DHT Holdings

Market Cap: US$2.7b

Through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India.

Expand Energy

Market Cap: US$21.2b

Operates as an independent natural gas production company in the United States.

Japan Petroleum Exploration

Market Cap: JP¥426.9b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

China Aviation Oil (Singapore)

Market Cap: S$1.6b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Oil India

Market Cap: ₹698.4b

Engages in the exploration, development, and production of crude oil and natural gas in India.

Star Petroleum Refining

Market Cap: ฿30.4b

Engages in refinery and petroleum product distribution in Thailand and internationally.

Scorpio Tankers

Market Cap: US$3.5b

Engages in the seaborne transportation of crude oil and refined petroleum products worldwide.

Archer

Market Cap: NOK 2.4b

Provides various oilfield products and services to the oil and gas industry in Norway, Europe, North America, south America, and internationally.

Sea1 Offshore

Market Cap: NOK 4.1b

Owns and operates offshore support vessels for the offshore energy service industry.

CNX Resources

Market Cap: US$4.7b

An independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin.

Chord Energy

Market Cap: US$7.8b

Operates as an independent exploration and production company in the United States.

China Coal Energy

Market Cap: HK$222.5b

Engages in the production and sale of coal in China and internationally.

Amplitude Energy

Market Cap: AU$449.8m

Engages in exploration, development, and production of natural gas and low-cost oil in Australia.

CES Energy Solutions

Market Cap: CA$3.5b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

OKEA

Market Cap: NOK 4.0b

An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.

Keyfield International Berhad

Market Cap: RM 1.3b

An investment holding company, engages in owning and chartering of its own and third-party vessels in Malaysia.

PetroVietnam Technical Services

Market Cap: ₫19.7t

Engages in the technical services for the oil and gas, energy, and industrial sectors in Vietnam.

Talos Energy

Market Cap: US$2.6b

Through its subsidiaries, engages in the exploration and production of oil and gas in the United States and Mexico.

Teekay Tankers

Market Cap: US$2.5b

Provides marine transportation services to oil industries in Bermuda and internationally.

Gulfport Energy

Market Cap: US$3.0b

Engages in the acquisition, exploration, and production of natural gas, crude oil, and natural gas liquids in the United States.

United Tractors

Market Cap: Rp77.7t

Provides coal mining services in Indonesia.

California Resources

Market Cap: US$5.2b

Operates as an independent energy and carbon management company in the United States.

Matador Resources

Market Cap: US$6.8b

An independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas resources in the United States.

Par Pacific Holdings

Market Cap: US$2.9b

An energy company, provides renewable and conventional fuels in the United States.

EQT

Market Cap: US$32.9b

Engages in the exploration, production, gathering, and transmission of hydrocarbons and natural gas.

China Oilfield Services

Market Cap: HK$55.5b

Provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Middle East, and internationally.

Medco Energi Internasional

Market Cap: Rp30.0t

Explores for and produces oil and gas in Indonesia, Asia, Africa, the Middle East, and the United Kingdom.

Hibiscus Petroleum Berhad

Market Cap: RM 1.5b

Engages in the exploration, development, and sale of oil and gas in Peninsular Malaysia, Sabah, Malaysia, the United Kingdom, Brunei, Australia, and Vietnam.

d'Amico International Shipping

Market Cap: €900.0m

Through its subsidiaries, operates as a marine transportation company worldwide.

Harbour Energy

Market Cap: UK£4.9b

Engages in the acquisition, exploration, development, and production of oil and gas reserves in Norway, the United Kingdom, Germany, Mexico, Argentina, North Africa, and Southeast Asia.

ACT Energy Technologies

Market Cap: CA$265.2m

Provides directional drilling services and related downhole technologies to oil and natural gas companies in Canada and the United States.

Exxaro Resources

Market Cap: R49.8b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.