German Energy Potentially Undervalued Companies

China Aviation Oil (Singapore)

Market Cap: €1.4b

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

Exxaro Resources

Market Cap: €47.0b

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

DNO

Market Cap: €17.1b

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.

Northern Oil and Gas

Market Cap: €2.4b

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

W&T Offshore

Market Cap: €540.1m

An independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of America.

EQT

Market Cap: €31.2b

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

Antero Resources

Market Cap: €10.5b

An independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States.

Odfjell Technology

Market Cap: €2.4b

Operates as a supplier of offshore operations, well services technology, and engineering solutions in Norway, the United Kingdom, rest of Europe, Kuwait, Malaysia, rest of Asia, and internationally.

Kistos Holdings

Market Cap: €228.6m

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

InPlay Oil

Market Cap: €419.5m

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

Paratus Energy Services

Market Cap: €7.8b

Through its subsidiaries, provides drilling services and operates fleets of jack-up rigs under contracts in Mexico.

Sea1 Offshore

Market Cap: €4.1b

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

Expand Energy

Market Cap: €21.2b

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

OKEA

Market Cap: €3.6b

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

China Oilfield Services

Market Cap: €55.4b

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

Bristow Group

Market Cap: €1.3b

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

China Coal Energy

Market Cap: €196.7b

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

Expand Energy

Market Cap: €21.2b

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

Talos Energy

Market Cap: €2.5b

Through its subsidiaries, engages in the exploration and production of oil and gas in the United States and Mexico.

Gulfport Energy

Market Cap: €2.8b

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

Odfjell Drilling

Market Cap: €21.2b

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

Trican Well Service

Market Cap: €1.4b

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

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.

Matador Resources

Market Cap: €6.7b

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

EQT

Market Cap: €31.2b

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

Archer

Market Cap: €2.4b

Provides various oilfield products and services to the oil and gas industry in Norway, Europe, North America, south America, and internationally.

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.

California Resources

Market Cap: €4.8b

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

Chord Energy

Market Cap: €7.6b

Operates as an independent exploration and production company in the United States.

BKV

Market Cap: €2.9b

Produces and sells natural gas in the Barnett Shale in the Fort Worth Basin of Texas and in the Marcellus Shale in the Appalachian Basin of Northeast Pennsylvania.

United Tractors

Market Cap: €91.3t

Provides coal mining services in Indonesia.

Parex Resources

Market Cap: €2.2b

Engages in the exploration, development, production, and marketing of oil and natural gas in Colombia.

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.

Peabody Energy

Market Cap: €2.8b

Engages in the production of metallurgical and thermal coal.

SBM Offshore

Market Cap: €5.6b

Provides floating production solutions to the offshore energy industry worldwide.

NexTier Oilfield Solutions

Market Cap: €2.4b

NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins.