Global Energy Undiscovered Gems With Strong Fundamentals

Nanjing Develop Advanced Manufacturing

Market Cap: CN¥6.7b

Nanjing Develop Advanced Manufacturing Co., Ltd.

Pakistan State Oil

Market Cap: PK₨215.6b

Engages in the procurement, storage, distribution, and marketing of petroleum and related products in Pakistan.

Kolibri Global Energy

Market Cap: CA$184.9m

Engages in the exploration and exploitation of oil, gas, and clean and sustainable energy reserves in the United States.

Oman Oil Marketing Company SAOG

Market Cap: ر.ع51.1m

Oman Oil Marketing Company SAOG, together with its subsidiaries, markets and distributes petroleum products primarily in the Sultanate of Oman.

Shell Oman Marketing Company SAOG

Market Cap: ر.ع73.7m

Engages in marketing and distributing of petroleum products in the Sultanate of Oman.

Gas Plus

Market Cap: €287.6m

Engages in the extraction, distribution, and sale of natural gas in Italy.

TotalEnergies Marketing Ghana

Market Cap: GH₵4.5b

Engages in the marketing and sale of petroleum and allied products in Ghana.

Hemisphere Energy

Market Cap: CA$189.3m

Acquires, explores, develops, and produces petroleum and natural gas properties in Canada.

Alvopetro Energy

Market Cap: CA$227.7m

Engages in the acquisition, exploration, development, and production of hydrocarbons in Brazil and Canada.

China Aviation Oil (Singapore)

Market Cap: S$1.3b

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

ABL Group

Market Cap: NOK 1.1b

An investment holding company, provides energy, and marine and engineering consultancy services to renewables, maritime, and oil and gas industries worldwide.

Attock Petroleum

Market Cap: PK₨65.0b

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

Lianson Fleet Group Berhad

Market Cap: RM 2.2b

An investment holding company, provides vessel chartering, ship management, and offshore marine services to the oil and gas related industries in Malaysia and Brunei.

Core Laboratories

Market Cap: US$747.8m

Provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally.

Shanghai Datun Energy Resources

Market Cap: CN¥8.8b

Shanghai Datun Energy Resources Co., Ltd.

BW Offshore

Market Cap: NOK 7.1b

Engages in the engineering of offshore production solutions in the Americas, Europe, Africa, Asia, and the Pacific.

TETRA Technologies

Market Cap: US$1.2b

Operates as an energy services and solutions company.

Carnarvon Energy

Market Cap: AU$181.8m

Engages in the exploration, development, and production of oil and gas properties in Australia.

Ranger Energy Services

Market Cap: US$295.7m

Provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States.

Keyfield International Berhad

Market Cap: RM 1.3b

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

Solstad Offshore

Market Cap: NOK 3.5b

Owns and operates offshore service vessels.

Deleum Berhad

Market Cap: RM 493.9m

An investment holding company, provides products and services to the oil and gas industries primarily in Malaysia.

Daldrup & Söhne

Market Cap: €116.7m

Provides drilling and environmental services in Germany and Central Europe.

Birchcliff Energy

Market Cap: CA$1.9b

An intermediate oil and natural gas company, engages in the exploration, development, and production of natural gas, light oil, condensate, and other natural gas liquids in Western Canada.

Etablissements Maurel & Prom

Market Cap: €959.4m

Engages in exploration and production of oil and gas, and hydrocarbons in Gabon, Tanzania, Angola, and Venezuela.