Bulgarian Energy Potentially Undervalued Companies

HELLENiQ ENERGY Holdings

Market Cap: €2.3b

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

Devon Energy

Market Cap: €20.6b

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

BP

Market Cap: €57.0b

An integrated energy company, provides carbon products and services.

Petróleo Brasileiro - Petrobras

Market Cap: €404.8b

Explores, produces, and sells oil and gas in Brazil and internationally.

Tenaris

Market Cap: €17.2b

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.

TotalEnergies

Market Cap: €112.9b

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

VERBIO Vereinigte BioEnergie

Market Cap: €4.1b

Engages in the production and distribution of fuels and finished products in Germany, Europe, North America, and internationally.