Global Energy Healthy potentially undervalued

Ventura Offshore Holding

Market Cap: NOK 3.1b

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$1.4b

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.

Baker Hughes

Market Cap: US$57.9b

Provides a portfolio of technologies and services to energy and industrial value chain.

Canadian Natural Resources

Market Cap: CA$120.6b

Engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa.

Japan Petroleum Exploration

Market Cap: JP¥418.8b

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$1.7b

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

Shaanxi Coal Industry

Market Cap: CN¥222.7b

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

Expand Energy

Market Cap: US$20.8b

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

EOG Resources

Market Cap: US$69.2b

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.

Range Resources

Market Cap: US$8.6b

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

Star Petroleum Refining

Market Cap: ฿30.6b

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

Oil India

Market Cap: ₹680.2b

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

Antero Resources

Market Cap: US$10.3b

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$2.1b

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.

Sea1 Offshore

Market Cap: NOK 3.8b

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

Archer

Market Cap: NOK 2.2b

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

TotalEnergies

Market Cap: €156.2b

An integrated energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, the United States, Europe, Brazil, India, and internationally.

China Coal Energy

Market Cap: HK$188.0b

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

Chord Energy

Market Cap: US$6.9b

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

SLB

Market Cap: US$71.9b

Engages in the provision of technology for the energy industry worldwide.

Scorpio Tankers

Market Cap: US$3.7b

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

OKEA

Market Cap: NOK 3.4b

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

CES Energy Solutions

Market Cap: CA$3.2b

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

Weatherford International

Market Cap: US$6.6b

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

Whitecap Resources

Market Cap: CA$18.7b

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$92.3b

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

Keyfield International Berhad

Market Cap: RM 1.2b

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

PetroVietnam Technical Services

Market Cap: ₫19.9t

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

PTT Exploration and Production

Market Cap: ฿532.0b

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

Halliburton

Market Cap: US$29.2b

Provides products and services to the energy industry worldwide.

APA

Market Cap: US$11.7b

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

DNO

Market Cap: NOK 16.6b

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 28.1b

Owns and operates a fleet of offshore and subsea vessels.

Pason Systems

Market Cap: CA$988.1m

Provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally.

United Tractors

Market Cap: Rp81.0t

Provides coal mining services in Indonesia.

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.