Global Energy Undervalued Dividend Payers

PetroChina

Market Cap: HK$2.3t

Engages in a range of petroleum related products, services, and activities in Mainland China and internationally.

Shell

Market Cap: UK£188.9b

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

TotalEnergies

Market Cap: €172.1b

An integrated energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, the United States, Europe, Africa, and internationally.

ConocoPhillips

Market Cap: US$162.0b

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

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.

Canadian Natural Resources

Market Cap: CA$146.0b

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.

Equinor

Market Cap: NOK 948.4b

Operates as an energy company in Norway and internationally.

Eni

Market Cap: €70.4b

Operates as an integrated energy company in Italy, Other European Union, Rest of Europe, the United States, Asia, Africa, and internationally.

EOG Resources

Market Cap: US$80.3b

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.

Suncor Energy

Market Cap: CA$110.2b

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

SLB

Market Cap: US$80.0b

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

Devon Energy

Market Cap: US$56.5b

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

Orlen

Market Cap: zł177.8b

Operates in refining, petrochemical, energy, retail, gas, and upstream business.

Shaanxi Coal Industry

Market Cap: CN¥249.5b

Engages in the production and sales of coal and electricity in China and internationally.

Repsol

Market Cap: €30.1b

Operates as a multi-energy company in Spain, Peru, the United States, Portugal, and internationally.

Oil and Natural Gas

Market Cap: ₹3.0t

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

Tenaris

Market Cap: €22.6b

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.

Coal India

Market Cap: ₹2.5t

Produces and sells coal and coal products in India.

China Coal Energy

Market Cap: HK$198.6b

Engages in the production and sale of coal in China and internationally.

ENEOS Holdings

Market Cap: JP¥3.5t

Through its subsidiaries, operates in the energy petroleum and natural gas development, functional material, electricity and city gas, and renewable energy businesses in Japan, Singapore, China, and internationally.

Expand Energy

Market Cap: US$22.2b

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

Permian Resources

Market Cap: US$19.9b

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.

PTT Exploration and Production

Market Cap: ฿593.5b

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

HF Sinclair

Market Cap: US$17.3b

Operates as an independent energy company in the United States.

Whitecap Resources

Market Cap: CA$22.1b

Engages in the acquisition, development, and holding of interests in petroleum and natural gas properties and assets in Western Canada.

ARC Resources

Market Cap: CA$19.2b

Acquires and develops crude oil, natural gas, condensate, and natural gas liquids in Canada.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft3.2t

Operates as an integrated oil and gas company in Hungary and internationally.

Frontline

Market Cap: US$9.7b

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

Chord Energy

Market Cap: US$8.1b

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

Oil India

Market Cap: ₹772.6b

Engages in the exploration, development, and production of crude oil and natural gas in India.

China Oilfield Services

Market Cap: HK$56.6b

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

Strathcona Resources

Market Cap: CA$9.5b

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

SBM Offshore

Market Cap: €5.7b

Provides floating production solutions to the offshore energy industry worldwide.

HELLENiQ ENERGY Holdings

Market Cap: €4.7b

Operates in the energy sector in Greece, the Southeastern Europe, and the East Mediterranean.

United Tractors

Market Cap: Rp83.5t

Provides coal mining services in Indonesia.

Petronet LNG

Market Cap: ₹439.5b

Engages in the import, storage, regasification, and supply of liquefied natural gas (LNG) in India.