German Energy Potentially Undervalued Companies

Northern Oil and Gas

Market Cap: €2.0b

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

China Aviation Oil (Singapore)

Market Cap: €1.4b

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

Exxaro Resources

Market Cap: €45.6b

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

TotalEnergies

Market Cap: €156.4b

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.

DNO

Market Cap: €16.5b

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

Range Resources

Market Cap: €8.4b

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

Teekay Tankers

Market Cap: €2.5b

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

Shell

Market Cap: €173.2b

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

EQT

Market Cap: €30.6b

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

Helmerich & Payne

Market Cap: €3.3b

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

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: €20.9b

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

Kistos Holdings

Market Cap: €232.7m

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

InPlay Oil

Market Cap: €410.6m

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

Odfjell Technology

Market Cap: €2.3b

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.

Sea1 Offshore

Market Cap: €4.1b

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

Talos Energy

Market Cap: €2.3b

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

China Oilfield Services

Market Cap: €51.0b

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.

Expand Energy

Market Cap: €20.9b

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

Ensign Energy Services

Market Cap: €623.3m

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

China Coal Energy

Market Cap: €177.1b

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

Gulfport Energy

Market Cap: €2.7b

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

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: €192.4m

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

Diversified Energy

Market Cap: €967.7m

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.

Odfjell Drilling

Market Cap: €20.2b

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

California Resources

Market Cap: €4.7b

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

EQT

Market Cap: €30.6b

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

APA

Market Cap: €11.8b

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

Matador Resources

Market Cap: €6.4b

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: €3.1b

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.

ENEOS Holdings

Market Cap: €3.3t

Through its subsidiaries, operates in the energy petroleum and natural gas development, functional material, electricity and city gas, and renewable energy businesses in Japan, Singapore, China, and internationally.

United Tractors

Market Cap: €92.5t

Provides coal mining services in Indonesia.

Tenaz Energy

Market Cap: €1.5b

An energy company, engages in the acquisition and development of oil and gas assets in Canada and the Netherlands.

BKV

Market Cap: €2.8b

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.