Bulgarian Energy Potentially Undervalued Companies

HELLENiQ ENERGY Holdings

Market Cap: €3.6b

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

Shell

Market Cap: €184.3b

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

Petróleo Brasileiro - Petrobras

Market Cap: €577.8b

Explores, produces, and sells oil and gas in Brazil, China, the United States, the Americas, Asia, Europe, Singapore, and internationally.

Devon Energy

Market Cap: €52.7b

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

TotalEnergies

Market Cap: €168.4b

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.

Eni

Market Cap: €69.1b

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