Global Energy Healthy potentially undervalued

Range Resources

Market Cap: US$9.2b

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

Flowco Holdings

Market Cap: US$2.3b

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$10.9b

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.

Ventura Offshore Holding

Market Cap: NOK 3.5b

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$22.2b

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

Infinity Natural Resources

Market Cap: US$859.0m

Engages in the acquisition, exploration, and development of properties to produce crude oil, natural gas, and natural gas liquids in the United States.

China Aviation Oil (Singapore)

Market Cap: S$1.6b

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

Riley Exploration Permian

Market Cap: US$762.0m

An independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico.

Chord Energy

Market Cap: US$7.5b

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

Archer

Market Cap: NOK 2.6b

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.

Sea1 Offshore

Market Cap: NOK 4.1b

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

Frontline

Market Cap: US$7.9b

A shipping company, engages in the ownership and operation of oil and product tankers worldwide.

Amplitude Energy

Market Cap: AU$530.8m

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

CES Energy Solutions

Market Cap: CA$3.7b

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

OKEA

Market Cap: NOK 3.9b

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

Whitecap Resources

Market Cap: CA$19.3b

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

PetroVietnam Technical Services

Market Cap: ₫19.8t

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

Gulfport Energy

Market Cap: US$3.1b

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

DOF Group

Market Cap: NOK 29.0b

Owns and operates a fleet of offshore and subsea vessels.

Teekay Tankers

Market Cap: US$2.6b

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

Talos Energy

Market Cap: US$2.4b

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

DNO

Market Cap: NOK 17.8b

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

AKR Corporindo

Market Cap: Rp25.5t

A logistics and supply chain company, engages in distribution and trading of petroleum and basic chemical products in Indonesia.

United Tractors

Market Cap: Rp85.0t

Provides coal mining services in Indonesia.

EQT

Market Cap: US$34.5b

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

California Resources

Market Cap: US$5.3b

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

Shell

Market Cap: UK£175.7b

Operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas.

Cosmo Energy Holdings

Market Cap: JP¥572.3b

Through its subsidiaries, engages in the petroleum business in Japan and internationally.

Medco Energi Internasional

Market Cap: Rp31.0t

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

Petroreconcavo

Market Cap: R$3.4b

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

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.

China Oilfield Services

Market Cap: HK$59.1b

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

d'Amico International Shipping

Market Cap: €872.6m

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

ACT Energy Technologies

Market Cap: CA$256.3m

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