German Energy Potentially Undervalued Companies

SFL

Market Cap: €1.0b

A maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters.

Valeura Energy

Market Cap: €723.4m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Thungela Resources

Market Cap: €12.7b

Engages in the mining and production of thermal coal in South Africa and Australia.

CES Energy Solutions

Market Cap: €1.4b

Engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Aker BP

Market Cap: €135.0b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.

Ovintiv

Market Cap: €8.5b

Explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America.

Hunting

Market Cap: €388.8m

Manufactures components, technology systems, and precision parts worldwide.

Exxaro Resources

Market Cap: €35.6b

Engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia.

Tenaris

Market Cap: €14.8b

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.

Verbio

Market Cap: €520.6m

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

Repsol

Market Cap: €11.1b

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

Vallourec

Market Cap: €3.4b

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

TotalEnergies

Market Cap: €108.3b

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.

TETRA Technologies

Market Cap: €304.5m

Operates as an energy services and solutions company.

Galp Energia SGPS

Market Cap: €8.8b

Operates as an integrated energy operator in Portugal and internationally.

Teekay Tankers

Market Cap: €1.4b

Provides marine transportation services to oil industries in Bermuda and internationally.

BP

Market Cap: €52.5b

An integrated energy company, provides carbon products and services.

Headwater Exploration

Market Cap: €1.3b

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

Okeanis Eco Tankers

Market Cap: €6.9b

A shipping company, owns and operates tanker vessels worldwide.

Odfjell Technology

Market Cap: €1.6b

A technology and engineering company, provides well, drilling operations, and engineering services in Norway, the United Kingdom, Malaysia, Europe, Asia, and internationally.

Afentra

Market Cap: €83.7m

Operates as an upstream oil and gas company primarily in Africa.

Athabasca Oil

Market Cap: €2.3b

Engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada.

Devon Energy

Market Cap: €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.

China Petroleum & Chemical

Market Cap: €666.3b

An energy and chemical company, engages in the oil and gas and chemical operations in Mainland China.

Weatherford International

Market Cap: €3.1b

An energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

Sea1 Offshore

Market Cap: €2.6b

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

Pason Systems

Market Cap: €885.3m

Provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally.

COSCO SHIPPING Energy Transportation

Market Cap: €44.8b

An investment holding company, engages in the transportation of oil and liquefied natural gas (LNG) in People’s Republic of China and internationally.

ProPetro Holding

Market Cap: €512.7m

Operates as an integrated oilfield services company.

Borr Drilling

Market Cap: €492.3m

Operates as an offshore shallow-water drilling contractor to the oil and gas industry in the United States, the Middle East, South East Asia, Europe, Latin America, and West Africa.

Etablissements Maurel & Prom

Market Cap: €853.6m

Engages in exploration and production of oil and gas, and hydrocarbons in Gabon, Tanzania, Angola, Colombia, and France.

Whitecap Resources

Market Cap: €4.5b

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

Devon Energy

Market Cap: €18.0b

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

Inpex

Market Cap: €2.1t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

DorianG

Market Cap: €879.2m

Engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide.

Permian Resources

Market Cap: €8.8b

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.