Global Energy Healthy potentially undervalued

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.

Trican Well Service

Market Cap: CA$1.5b

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

Flowco Holdings

Market Cap: US$2.1b

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.

Antero Resources

Market Cap: US$10.5b

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.

Range Resources

Market Cap: US$8.8b

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

Expand Energy

Market Cap: US$21.1b

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

EOG Resources

Market Cap: US$70.3b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

Shaanxi Coal Industry

Market Cap: CN¥236.6b

Engages in the production and sales of coal and electricity in China and internationally.

Star Petroleum Refining

Market Cap: ฿29.9b

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

China Aviation Oil (Singapore)

Market Cap: S$1.6b

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

Oil India

Market Cap: ₹682.6b

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

Archer

Market Cap: NOK 2.3b

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

Scorpio Tankers

Market Cap: US$3.6b

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

Chord Energy

Market Cap: US$7.2b

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

Sea1 Offshore

Market Cap: NOK 4.0b

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

China Coal Energy

Market Cap: HK$198.7b

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

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.

OKEA

Market Cap: NOK 3.6b

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

Weatherford International

Market Cap: US$7.2b

An energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

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.

Whitecap Resources

Market Cap: CA$19.5b

Engages in the acquisition, development, and holding of interests in petroleum and natural gas properties and assets in Western Canada.

Suncor Energy

Market Cap: CA$98.5b

Operates as an integrated energy company in Canada, the United States, and internationally.

APA

Market Cap: US$12.3b

An independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids.

PetroVietnam Technical Services

Market Cap: ₫19.3t

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

PTT Exploration and Production

Market Cap: ฿537.9b

Engages in the exploration, development, and production of petroleum in Thailand, rest of Southeast Asia, the Middle East, Africa, and internationally.

Gulfport Energy

Market Cap: US$2.9b

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

DNO

Market Cap: NOK 17.0b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

DOF Group

Market Cap: NOK 29.6b

Owns and operates a fleet of offshore and subsea vessels.

Talos Energy

Market Cap: US$2.3b

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

United Tractors

Market Cap: Rp81.3t

Provides coal mining services in Indonesia.

California Resources

Market Cap: US$5.0b

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

Par Pacific Holdings

Market Cap: US$2.7b

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

Cenovus Energy

Market Cap: CA$71.0b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China.

EQT

Market Cap: US$31.7b

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

Hibiscus Petroleum Berhad

Market Cap: RM 1.4b

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

Petroreconcavo

Market Cap: R$2.9b

Engages in the exploration and production of oil and gas extraction in Brazil.