Global Energy Healthy potentially undervalued

ACT Energy Technologies

Market Cap: CA$163.9m

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

Flowco Holdings

Market Cap: US$1.4b

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

Canadian Natural Resources

Market Cap: CA$86.1b

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.

Coterra Energy

Market Cap: US$18.3b

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

DHT Holdings

Market Cap: US$1.8b

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

Helmerich & Payne

Market Cap: US$1.8b

Provides drilling solutions and technologies for oil and gas exploration and production companies.

Infinity Natural Resources

Market Cap: US$824.3m

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

d'Amico International Shipping

Market Cap: €417.8m

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

International Seaways

Market Cap: US$2.1b

Owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade.

Scorpio Tankers

Market Cap: US$2.1b

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

NuVista Energy

Market Cap: CA$2.8b

Engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin.

Ultrapar Participações

Market Cap: R$18.9b

Through its subsidiaries, operates in the energy and infrastructure business in Brazil.

Schlumberger

Market Cap: US$49.2b

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

Afentra

Market Cap: UK£102.0m

Operates as an upstream oil and gas company primarily in Africa.

Weatherford International

Market Cap: US$4.0b

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

ARC Resources

Market Cap: CA$15.8b

Engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada.

Halliburton

Market Cap: US$18.0b

Provides products and services to the energy industry worldwide.

ConocoPhillips

Market Cap: US$119.1b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

CES Energy Solutions

Market Cap: CA$1.7b

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

Vallourec

Market Cap: €3.8b

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

Teekay Tankers

Market Cap: US$1.5b

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

Diamondback Energy

Market Cap: US$40.6b

An independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

Patterson-UTI Energy

Market Cap: US$2.1b

Through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States and internationally.

Permian Resources

Market Cap: US$10.7b

An independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States.

COSCO SHIPPING Energy Transportation

Market Cap: HK$46.5b

An investment holding company, engages in the transportation of oil and liquefied natural gas (LNG) in People’s Republic of China and internationally.

Headwater Exploration

Market Cap: CA$1.6b

Engages in the exploration, development, and production of petroleum and natural gas resources in Canada.

Matador Resources

Market Cap: US$5.8b

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

Enerflex

Market Cap: CA$1.6b

Offers energy infrastructure and energy transition solutions in North America, Latin America, and the Eastern Hemisphere.

STEP Energy Services

Market Cap: CA$309.7m

An energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States.

Precision Drilling

Market Cap: CA$989.8m

A drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally.

Petroreconcavo

Market Cap: R$3.7b

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

Prio

Market Cap: R$31.5b

Engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally.

NOV

Market Cap: US$4.5b

Designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.

China Oilfield Services

Market Cap: HK$58.1b

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

Prima Marine

Market Cap: ฿13.6b

Provides marine transportation of petroleum and chemical products in Thailand, Singapore, and internationally.

Trican Well Service

Market Cap: CA$1.0b

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.