German Energy Potentially Undervalued Companies

Exxaro Resources

Market Cap: €46.5b

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

TotalEnergies

Market Cap: €148.5b

An integrated energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, the United States, Europe, Brazil, India, and internationally.

d'Amico International Shipping

Market Cap: €831.0m

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

DOF Group

Market Cap: €29.0b

Owns and operates a fleet of offshore and subsea vessels.

DNO

Market Cap: €15.8b

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

EOG Resources

Market Cap: €68.5b

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.

Northern Oil and Gas

Market Cap: €1.8b

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

Shell

Market Cap: €161.5b

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

Suncor Energy

Market Cap: €90.1b

Operates as an integrated energy company in Canada, the United States, and internationally.

Range Resources

Market Cap: €8.7b

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

Teekay Tankers

Market Cap: €2.2b

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

Helmerich & Payne

Market Cap: €3.1b

Provides drilling solutions and technologies for oil and gas exploration and production companies.

EQT

Market Cap: €32.8b

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

Viva Energy Group

Market Cap: €3.5b

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

Antero Resources

Market Cap: €10.8b

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.

Paratus Energy Services

Market Cap: €7.4b

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

Expand Energy

Market Cap: €21.4b

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

Sea1 Offshore

Market Cap: €3.8b

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

Odfjell Technology

Market Cap: €2.2b

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: €211.9m

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

InPlay Oil

Market Cap: €406.9m

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

Talos Energy

Market Cap: €2.2b

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

Expand Energy

Market Cap: €21.4b

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

Ensign Energy Services

Market Cap: €612.2m

Provides oilfield services to the oil and natural gas industries in Canada, the United States, and internationally.

China Coal Energy

Market Cap: €173.7b

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

China Oilfield Services

Market Cap: €48.7b

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

Japan Petroleum Exploration

Market Cap: €410.6b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

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.

EQT

Market Cap: €32.8b

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

APA

Market Cap: €11.3b

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

Matador Resources

Market Cap: €6.1b

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

Ventura Offshore Holding

Market Cap: €3.0b

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.

Cenovus Energy

Market Cap: €65.9b

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

Bonterra Energy

Market Cap: €199.4m

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

California Resources

Market Cap: €4.6b

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

Core Natural Resources

Market Cap: €3.9b

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