German Energy Potentially Undervalued Companies

Northern Oil and Gas

Market Cap: €2.2b

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

Cosmo Energy Holdings

Market Cap: €585.0b

Through its subsidiaries, engages in the petroleum business in Japan and internationally.

Exxaro Resources

Market Cap: €49.8b

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.

DOF Group

Market Cap: €29.8b

Owns and operates a fleet of offshore and subsea vessels.

Viva Energy Group

Market Cap: €3.5b

Operates as an energy company in Australia, Singapore, and Papua New Guinea.

EQT

Market Cap: €32.5b

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

Scorpio Tankers

Market Cap: €3.6b

Engages in the seaborne transportation of crude oil and refined petroleum products worldwide.

Range Resources

Market Cap: €9.1b

Operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States.

Shell

Market Cap: €171.7b

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

Paratus Energy Services

Market Cap: €7.6b

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

InPlay Oil

Market Cap: €464.6m

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

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.

Expand Energy

Market Cap: €21.2b

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

Sea1 Offshore

Market Cap: €4.1b

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

Kistos Holdings

Market Cap: €199.5m

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

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.

Advantage Energy

Market Cap: €1.7b

Engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada.

China Oilfield Services

Market Cap: €56.1b

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

China Coal Energy

Market Cap: €203.7b

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

OKEA

Market Cap: €3.7b

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

Core Natural Resources

Market Cap: €4.6b

Produces, sells, and exports metallurgical and thermal coals in the United States and internationally.

Diversified Energy

Market Cap: €1.0b

An independent energy company, engages in the production, transportation and marketing of natural gas, oil, and liquids primarily in the Appalachian and Central regions of the United States.

Ventura Offshore Holding

Market Cap: €3.2b

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.

Bonterra Energy

Market Cap: €236.0m

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

Archer

Market Cap: €2.3b

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

Vermilion Energy

Market Cap: €2.4b

Engages in petroleum and natural gas, focuses on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia.

APA

Market Cap: €13.1b

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

EQT

Market Cap: €32.5b

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

Odfjell Drilling

Market Cap: €20.7b

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

California Resources

Market Cap: €5.2b

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

Cenovus Energy

Market Cap: €73.9b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China.

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.