Global Energy Undervalued Dividend Payers

Exxon Mobil

Market Cap: US$620.4b

Engages in the exploration and production of crude oil and natural gas in the United States, Guyana, Canada, the United Kingdom, Singapore, France, and internationally.

Shell

Market Cap: UK£162.6b

Operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and other Americas.

TotalEnergies

Market Cap: €137.4b

A multi-energy company, produces and markets oil and biofuels, natural and green gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally.

CNOOC

Market Cap: HK$1.2t

An investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in worldwide.

BP

Market Cap: UK£71.6b

An integrated energy company, engages in the oil and gas business worldwide.

SLB

Market Cap: US$75.3b

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

Equinor

Market Cap: NOK 656.9b

An energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally.

Suncor Energy

Market Cap: CA$90.7b

Operates as an integrated energy company in Canada, the United States, and internationally.

EOG Resources

Market Cap: US$65.5b

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.

Oil and Natural Gas

Market Cap: ₹3.4t

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

Woodside Energy Group

Market Cap: AU$49.1b

Engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe.

PTT

Market Cap: ฿1.0t

Engages in petroleum business in Thailand, Asia, Europe, the United States, and internationally.

Shaanxi Coal Industry

Market Cap: CN¥220.8b

Shaanxi Coal Industry Company Limited, together with its subsidiaries, mines, produces, washes, processes, and sells coal in China and internationally.

Halliburton

Market Cap: US$28.4b

Provides products and services to the energy industry worldwide.

Inpex

Market Cap: JP¥4.1t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

China Coal Energy

Market Cap: HK$199.3b

China Coal Energy Company Limited mines, produces, processes, trades in, and sells coal in the People’s Republic of China and internationally.

Tenaris

Market Cap: €21.1b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Coterra Energy

Market Cap: US$23.8b

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.

PTT Exploration and Production

Market Cap: ฿535.9b

Engages in the exploration, development, and production of petroleum in Thailand, rest of Southeast Asia, the Middle East, Africa, and internationally.

Permian Resources

Market Cap: US$14.3b

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.

Inner Mongolia Dian Tou Energy

Market Cap: CN¥63.0b

Engages in the research, production, and sale of coal products in China.

China Oilfield Services

Market Cap: HK$70.5b

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

Technip Energies

Market Cap: €5.7b

Operates as an engineering and technology company for the energy transition in Europe, Central Asia, the Asia Pacific, Africa, the Middle East, and the Americas.

CNOOC Energy Technology & Services

Market Cap: CN¥43.9b

Operates as an offshore and onshore oil and gas production company in China and internationally.

United Tractors

Market Cap: Rp106.8t

Provides coal mining services in Indonesia.

Chord Energy

Market Cap: US$5.8b

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

Archrock

Market Cap: US$5.7b

Operates as an energy infrastructure company in the United States.

Magnolia Oil & Gas

Market Cap: US$5.0b

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

Cosmo Energy Holdings

Market Cap: JP¥748.9b

Through its subsidiaries, engages in the petroleum business in Japan and internationally.

California Resources

Market Cap: US$4.8b

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

Motor Oil (Hellas) Corinth Refineries

Market Cap: €3.8b

Motor Oil (Hellas) Corinth Refineries S.A.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥27.3b

Engages in the production and sales of coal in China.

Thai Oil

Market Cap: ฿115.0b

Engages in the oil refining and distributions, petrochemicals, lube base oil, and other businesses in Thailand, Indonesia, and internationally.

Scorpio Tankers

Market Cap: US$3.3b

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

Patterson-UTI Energy

Market Cap: US$3.1b

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.

DHT Holdings

Market Cap: US$2.6b

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