German Energy Potentially Undervalued Companies

Exxaro Resources

Market Cap: €43.4b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Vallourec

Market Cap: €4.2b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in North America, South America, France, the Middle East, Indonesia, and East Asia.

d'Amico International Shipping

Market Cap: €859.9m

Through its subsidiaries, operates as a marine transportation company worldwide.

China Aviation Oil (Singapore)

Market Cap: €1.4b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Northern Oil and Gas

Market Cap: €2.6b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

EQT

Market Cap: €33.8b

Engages in the exploration, production, gathering, and transmission of hydrocarbons and natural gas.

InPlay Oil

Market Cap: €466.9m

Engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada.

Kistos Holdings

Market Cap: €236.9m

Focuses on development and production of gas and other hydrocarbon reserves in the United Kingdom, Norway, and the Netherlands.

Expand Energy

Market Cap: €21.9b

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

Sea1 Offshore

Market Cap: €4.5b

Owns and operates offshore support vessels for the offshore energy service industry.

Rockpoint Gas Storage

Market Cap: €1.4b

Owns and operates natural gas storage infrastructure facilities.

Bristow Group

Market Cap: €1.4b

Provides vertical flight solutions to offshore energy companies and government agencies in the United Kingdom, Norway, the United States, Nigeria, and internationally.

OKEA

Market Cap: €3.9b

An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.

Expand Energy

Market Cap: €21.9b

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

Calfrac Well Services

Market Cap: €701.6m

Provides specialized oilfield services in Canada, the United States, and Argentina.

China Oilfield Services

Market Cap: €53.5b

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

China Coal Energy

Market Cap: €194.7b

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

Odfjell Drilling

Market Cap: €22.1b

Owns and operates mobile offshore drilling units primarily in Norway and Namibia.

Bonterra Energy

Market Cap: €204.9m

A conventional oil and gas company, engages in the development and production of oil and natural gas in Canada.

Gulfport Energy

Market Cap: €3.0b

Engages in the acquisition, exploration, and production of natural gas, crude oil, and natural gas liquids in the United States.

Ventura Offshore Holding

Market Cap: €3.1b

A deep-water drilling contractor, provides offshore drilling services in deep and ultra-deep waters for the oil and gas industry in Brazil and internationally.

EQT

Market Cap: €33.8b

Engages in the exploration, production, gathering, and transmission of hydrocarbons and natural gas.

Matador Resources

Market Cap: €6.4b

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

California Resources

Market Cap: €4.7b

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

SBM Offshore

Market Cap: €5.9b

Provides floating production solutions to the offshore energy industry worldwide.

Riley Exploration Permian

Market Cap: €786.2m

An independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico.

Peabody Energy

Market Cap: €2.9b

Engages in the production of metallurgical and thermal coal.

United Tractors

Market Cap: €81.3t

Provides coal mining services in Indonesia.

Precision Drilling

Market Cap: €1.5b

A drilling company, provides onshore drilling services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally.

Jadestone Energy

Market Cap: €167.3m

Operates as an independent oil and gas development and production company in Australia, Malaysia, Indonesia, and Vietnam.

Tullow Oil

Market Cap: €169.6m

An energy company, develops, produces, and sells oil and gas resources in Ghana, Gabon, Côte d’Ivoire, Kenya, and Argentina.

Gran Tierra Energy

Market Cap: €336.1m

Gran Tierra Energy Inc., together with its subsidiaries, is involved in the exploration and production of oil and gas properties in Colombia, Canada, and Ecuador.

DOF Group

Market Cap: €33.1b

Owns and operates a fleet of offshore and subsea vessels.

Hemisphere Energy

Market Cap: €244.5m

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

EOG Resources

Market Cap: €74.2b

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.

Alamtri Resources Indonesia

Market Cap: €72.9t

Engages in the coal and mining business in Indonesia.