U.S. Energy Healthy potentially undervalued

Infinity Natural Resources

Market Cap: US$915.2m

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

Antero Resources

Market Cap: US$11.6b

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$2.0b

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.

Expand Energy

Market Cap: US$22.2b

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

Riley Exploration Permian

Market Cap: US$829.0m

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.

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.

Halliburton

Market Cap: US$29.2b

Provides products and services to the energy industry worldwide.

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.

California Resources

Market Cap: US$4.8b

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

EQT

Market Cap: US$33.7b

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

Range Resources

Market Cap: US$9.4b

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

SM Energy

Market Cap: US$9.0b

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

DHT Holdings

Market Cap: US$3.2b

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

EOG Resources

Market Cap: US$78.4b

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.

Baker Hughes

Market Cap: US$64.0b

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

PBF Energy

Market Cap: US$8.8b

Through its subsidiaries, engages in the refining and supplying of petroleum products.

CNX Resources

Market Cap: US$5.3b

An independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin.

Chord Energy

Market Cap: US$8.1b

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

SLB

Market Cap: US$79.5b

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

Frontline

Market Cap: US$9.9b

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

HF Sinclair

Market Cap: US$16.8b

Operates as an independent energy company in the United States.

APA

Market Cap: US$15.2b

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

Teekay Tankers

Market Cap: US$3.1b

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

Patterson-UTI Energy

Market Cap: US$4.6b

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

Talos Energy

Market Cap: US$2.9b

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

Matador Resources

Market Cap: US$7.2b

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

Liberty Energy

Market Cap: US$3.3b

An integrated energy services and technology company, provides hydraulic fracturing services and related technologies onshore oil, natural gas, and enhanced geothermal exploration and production companies in North America.

Tidewater

Market Cap: US$4.7b

Provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine service vessels worldwide.

Green Plains

Market Cap: US$1.1b

Produces low-carbon fuels in the United States and internationally.

Par Pacific Holdings

Market Cap: US$3.9b

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

HMH Holding

Market Cap: US$890.6m

Provides offshore and onshore oil and gas drilling equipment and systems and services in the United States and Norway.

Devon Energy

Market Cap: US$55.4b

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

International Seaways

Market Cap: US$4.9b

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

Nabors Industries

Market Cap: US$1.4b

Provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally.

Ovintiv

Market Cap: US$18.1b

Operates as an oil and natural gas exploration and production company in North America.

ConocoPhillips

Market Cap: US$156.9b

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