Global Energy Undiscovered Gems With Strong Fundamentals

GTS Internasional

Market Cap: Rp2.0t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Citra Tubindo

Market Cap: Rp4.2t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Padma Oil

Market Cap: ৳19.2b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Dwi Guna Laksana

Market Cap: Rp4.3t

Engages in the coal mining and trading activities in Indonesia.

Wison Engineering Services

Market Cap: HK$1.6b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Gulf Island Fabrication

Market Cap: US$125.2m

Operates as a fabricator of steel structures and modules in the United States.

Greenfire Resources

Market Cap: US$355.5m

Engages in the exploration, development, and operation of oil and gas properties in the Athabasca oil sands region of Alberta, Canada.

Jadranski naftovod d.d

Market Cap: €866.6m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 77.0b

Processes heavy bitumen crude in Africa.

Attock Petroleum

Market Cap: PK₨67.2b

Attock Petroleum Limited procures, stores, markets, and distributes a range of petroleum and related products in Pakistan and internationally.

Wafi Energy Pakistan

Market Cap: PK₨41.3b

An energy company, markets petroleum products and compressed natural gas in Pakistan.

Heavy Engineering Industries and Shipbuilding Company K.S.C.P

Market Cap: د.ك170.9m

Operates as an engineering, procurement, and construction contracting company in Kuwait.

China Qinfa Group

Market Cap: HK$7.4b

An investment holding company, engages in the mining, purchase and sale, filtering, storage, and blending of coal in the People’s Republic of China and Indonesia.

Samindo Resources

Market Cap: Rp3.6t

Through its subsidiaries, operates as an integrated coal mining services company in Indonesia.

Qinghai Jinrui Mining Development

Market Cap: CN¥3.5b

Produces and sells strontium salt products in China.

Ratio Energies - Limited Partnership

Market Cap: ₪5.2b

Explores, develops, and produces oil and natural gas in Israel.

Les Docks des Pétroles d'Ambès -SA

Market Cap: €91.4m

Engages in the storage and shipping of petroleum products in France.

TotalEnergies EP Gabon Société Anonyme

Market Cap: €825.8m

Engages in the mining, exploration, and production of crude oil in Gabon.

Chennai Petroleum

Market Cap: ₹145.9b

Produces and supplies petroleum products in India.

Meghna Petroleum

Market Cap: ৳22.9b

Engages in the procurement, storage, and marketing of petroleum products and lubricants, bitumen, liquefied petroleum gas (LPG), and battery water in Bangladesh.

National Petroleum Services Company K.S.C.P

Market Cap: د.ك144.3m

National Petroleum Services Company K.S.C.P.

Lake Area Corn Processors

Market Cap: US$180.7m

Through its subsidiary, Dakota Ethanol, L.L.C., owns and manages an ethanol plant in South Dakota.

Permian Basin Royalty Trust

Market Cap: US$860.4m

Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States.

Equital

Market Cap: ₪5.7b

Through its subsidiaries, engages in the real estate, oil and gas, and residential construction businesses in Israel and internationally.

Unit

Market Cap: US$320.3m

Engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States.

Pulse Seismic

Market Cap: CA$149.2m

Acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Canada.

Naturelgaz Sanayi ve Ticaret

Market Cap: ₺7.7b

Engages in the purchase, compression, transportation, and delivery of natural gas in Turkey.

Al Mahhar Holding Company Q.P.S.C

Market Cap: ر.ق468.2m

Engages in the energy and infrastructure business in Qatar and internationally.

Independent Petroleum Group K.S.C.P

Market Cap: د.ك115.2m

Engages in the trading and marketing of crude oil and petroleum products.

Baramulti Suksessarana

Market Cap: Rp10.4t

Operates as a coal mining and trading company in Indonesia.

SALA

Market Cap: JP¥67.5b

Through its subsidiaries, engages in the energy supply and solution business in Japan.

Itochu EnexLtd

Market Cap: JP¥205.4b

Engages in the sale of petroleum products and liquefied petroleum gas (LPG), electricity, heat supply, vehicle sales in Japan and internationally.

Hankook Shell OilLtd

Market Cap: ₩572.7b

Engages in the manufacture, assembly, distribution, and marketing of lubricants and grease, and other petroleum products and related products.

Jamuna Oil

Market Cap: ৳20.7b

Engages in marketing of refined petroleum oil, lubricants, gas, and bitumen in Bangladesh.

Exmar

Market Cap: €849.2m

Engages in the provision of shipping and floating infrastructure solutions worldwide.

Pryce

Market Cap: ₱24.4b

Engages in the import and distribution of liquefied petroleum gas (LPG) under the PryceGas brand name in the Philippines.