German Energy Potentially Undervalued Companies

China Aviation Oil (Singapore)

Market Cap: €1.3b

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

Vallourec

Market Cap: €4.2b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in North America, South America, France, the Middle East, Indonesia, and East Asia.

d'Amico International Shipping

Market Cap: €867.0m

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

Exxaro Resources

Market Cap: €43.1b

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

EQT

Market Cap: €33.6b

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

Antero Resources

Market Cap: €11.4b

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.

Sea1 Offshore

Market Cap: €4.4b

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

InPlay Oil

Market Cap: €469.8m

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

Expand Energy

Market Cap: €22.2b

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

Kistos Holdings

Market Cap: €239.0m

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

China Coal Energy

Market Cap: €198.2b

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

Calfrac Well Services

Market Cap: €712.7m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Tidewater Midstream and Infrastructure

Market Cap: €489.4m

Tidewater Midstream and Infrastructure Ltd.

China Oilfield Services

Market Cap: €56.0b

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

Rockpoint Gas Storage

Market Cap: €1.3b

Owns and operates natural gas storage infrastructure facilities.

Bristow Group

Market Cap: €1.4b

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: €22.2b

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

Bonterra Energy

Market Cap: €208.0m

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

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.

EQT

Market Cap: €33.6b

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

Gulfport Energy

Market Cap: €3.1b

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

California Resources

Market Cap: €4.7b

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

Jadestone Energy

Market Cap: €168.9m

Operates as an independent oil and gas development and production company in Australia, Malaysia, Indonesia, and Vietnam.

Precision Drilling

Market Cap: €1.6b

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.

Riley Exploration Permian

Market Cap: €829.0m

An independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico.

United Tractors

Market Cap: €83.2t

Provides coal mining services in Indonesia.

Tullow Oil

Market Cap: €169.6m

An energy company, develops, produces, and sells oil and gas resources in Ghana, Gabon, Côte d’Ivoire, Kenya, and Argentina.

Bukitm (Persero)

Market Cap: €27.6t

Engages in coal mining activities in Indonesia.

Kosmos Energy

Market Cap: €1.7b

A deepwater exploration and production company, engages in the exploration, development, and production of oil and natural gas properties.

Alamtri Resources Indonesia

Market Cap: €73.7t

Engages in the coal and mining business in Indonesia.

TotalEnergies

Market Cap: €174.1b

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, Africa, and internationally.

Phillips 66

Market Cap: €96.7b

Operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally.

DOF Group

Market Cap: €32.7b

Owns and operates a fleet of offshore and subsea vessels.

TotalEnergies

Market Cap: €174.1b

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, Africa, and internationally.

Gran Tierra Energy

Market Cap: €347.1m

Gran Tierra Energy Inc., together with its subsidiaries, is involved in the exploration and production of oil and gas properties in Colombia, Canada, and Ecuador.