German Energy Potentially Undervalued Companies

Tenaris

Market Cap: €15.8b

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.

Thungela Resources

Market Cap: €11.9b

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

DOF Group

Market Cap: €21.9b

Owns and operates a fleet of offshore and subsea vessels.

Exxaro Resources

Market Cap: €35.5b

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

CES Energy Solutions

Market Cap: €1.4b

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

Valeura Energy

Market Cap: €732.2m

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

TotalEnergies

Market Cap: €114.2b

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.

Vallourec

Market Cap: €3.5b

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.

Hafnia

Market Cap: €25.6b

Owns and operates oil product tankers in Bermuda.

Rubellite Energy

Market Cap: €163.3m

An energy company, engages in the exploration, development, production, and marketing of heavy crude oil, natural gas, and bitumen assets in Alberta, Canada.

Teekay Tankers

Market Cap: €1.5b

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

Galp Energia SGPS

Market Cap: €9.8b

Operates as an integrated energy operator in Portugal and internationally.

Canacol Energy

Market Cap: €92.1m

Operates as an oil and gas company in Colombia.

Headwater Exploration

Market Cap: €1.5b

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

Afentra

Market Cap: €96.6m

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

COSCO SHIPPING Energy Transportation

Market Cap: €46.2b

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

Weatherford International

Market Cap: €3.3b

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

Odfjell Technology

Market Cap: €1.9b

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

Okeanis Eco Tankers

Market Cap: €7.7b

A shipping company, owns and operates tanker vessels worldwide.

Sea1 Offshore

Market Cap: €3.7b

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

Ensign Energy Services

Market Cap: €367.9m

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

Permian Resources

Market Cap: €10.2b

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.

Panoro Energy

Market Cap: €2.7b

An independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa.

Schlumberger

Market Cap: €45.8b

Engages in the provision of technology for the energy industry worldwide.

China Oilfield Services

Market Cap: €54.9b

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

Trican Well Service

Market Cap: €786.1m

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.

Matador Resources

Market Cap: €5.5b

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

Noble

Market Cap: €4.0b

Operates as an offshore drilling contractor for the oil and gas industry worldwide.

Halliburton

Market Cap: €17.3b

Provides products and services to the energy industry worldwide.

Archer

Market Cap: €2.2b

Provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally.

NuVista Energy

Market Cap: €2.8b

Engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin.

California Resources

Market Cap: €3.9b

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

Tamarack Valley Energy

Market Cap: €2.3b

Engages in the exploration, development, production, and sale of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin.

Ardmore Shipping

Market Cap: €390.0m

Engages in the seaborne transportation of petroleum products and chemicals worldwide.

United Tractors

Market Cap: €81.5t

Provides coal mining services in Indonesia.

Peabody Energy

Market Cap: €1.7b

Engages in coal mining business.