Brazilian Energy Potentially Undervalued Companies

Prio

Market Cap: R$28.2b

Engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally.

Devon Energy

Market Cap: R$18.3b

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: R$52.5b

An integrated energy company, provides carbon products and services.

Transocean

Market Cap: R$2.0b

Provides offshore contract drilling services for oil and gas wells in Switzerland and internationally.

NOV

Market Cap: R$4.5b

Designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.

Ultrapar Participações

Market Cap: R$18.2b

Through its subsidiaries, operates in the energy and infrastructure business in Brazil.

Halliburton

Market Cap: R$18.3b

Provides products and services to the energy industry worldwide.

Cosan

Market Cap: R$13.1b

Engages in the fuel distribution business.

Refinaria de Petróleos de Manguinhos

Market Cap: R$186.1m

Refinaria de Petróleos de Manguinhos S.A.

Equinor

Market Cap: R$662.6b

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

Petroreconcavo

Market Cap: R$4.0b

Engages in the exploration and production of oil and natural gas in Brazil.

Schlumberger

Market Cap: R$46.2b

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

EOG Resources

Market Cap: R$60.1b

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.

Ecopetrol

Market Cap: R$77.1t

Operates as an integrated energy company.

Marathon Petroleum

Market Cap: R$38.5b

Operates as an integrated downstream energy company in the United States.

APA

Market Cap: R$5.5b

An independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids.

Brava Energia

Market Cap: R$8.0b

Engages in the exploration and production of oil and natural gas in Brazil.

GeoPark

Market Cap: R$330.9m

Operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries.