Global Energy Healthy potentially undervalued

China Aviation Oil (Singapore)

Market Cap: S$1.2b

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

d'Amico International Shipping

Market Cap: €851.5m

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

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.

Expand Energy

Market Cap: US$21.9b

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

Flowco Holdings

Market Cap: US$1.9b

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.

ACT Energy Technologies

Market Cap: CA$270.4m

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

Trican Well Service

Market Cap: CA$1.3b

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.

SBM Offshore

Market Cap: €5.7b

Provides floating production solutions to the offshore energy industry worldwide.

Antero Resources

Market Cap: US$11.7b

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.

Infinity Natural Resources

Market Cap: US$917.7m

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

Amplitude Energy

Market Cap: AU$500.8m

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

Sea1 Offshore

Market Cap: NOK 4.2b

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

Riley Exploration Permian

Market Cap: US$827.7m

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.

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.

PetroVietnam Technical Services

Market Cap: ₫20.2t

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

Halliburton

Market Cap: US$28.2b

Provides products and services to the energy industry worldwide.

Weatherford International

Market Cap: US$6.3b

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

Vallourec

Market Cap: €4.1b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in North America, South America, France, the Middle East, Indonesia, and East Asia.

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.

Vista Energy. de

Market Cap: Mex$129.6b

Through its subsidiaries, engages in the exploration and production of oil and gas in Latin America.

United Tractors

Market Cap: Rp83.3t

Provides coal mining services in Indonesia.

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.

Adaro Andalan Indonesia

Market Cap: Rp77.9t

Engages in the coal mining activities.

Oil and Natural Gas

Market Cap: ₹2.9t

Engages in the exploration, development, and production of crude oil, natural gas, and value-added products in India and internationally.

Odfjell Technology

Market Cap: NOK 2.3b

Operates as a supplier of offshore operations, well services technology, and engineering solutions in Norway, the United Kingdom, rest of Europe, Kuwait, Malaysia, rest of Asia, and internationally.

Matador Resources

Market Cap: US$6.9b

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

California Resources

Market Cap: US$4.6b

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

EQT

Market Cap: US$33.8b

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

China Oilfield Services

Market Cap: HK$55.7b

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

Exxaro Resources

Market Cap: R43.1b

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

ENEOS Holdings

Market Cap: JP¥3.5t

Through its subsidiaries, operates in the energy petroleum and natural gas development, functional material, electricity and city gas, and renewable energy businesses in Japan, Singapore, China, and internationally.

Elnusa

Market Cap: Rp4.9t

Provides oil and gas services in Indonesia.

Shaanxi Coal Industry

Market Cap: CN¥255.5b

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

Beach Energy

Market Cap: AU$2.0b

Operates as an oil and gas exploration and production company.

Canadian Natural Resources

Market Cap: CA$141.6b

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.

DHT Holdings

Market Cap: US$3.1b

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