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.

Exxaro Resources

Market Cap: €47.5b

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

DNO

Market Cap: €16.2b

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

TotalEnergies

Market Cap: €151.8b

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.

DOF Group

Market Cap: €28.1b

Owns and operates a fleet of offshore and subsea vessels.

Cosmo Energy Holdings

Market Cap: €596.6b

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

EOG Resources

Market Cap: €70.6b

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.

Viva Energy Group

Market Cap: €3.3b

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

Antero Resources

Market Cap: €10.9b

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.

Helmerich & Payne

Market Cap: €3.4b

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

Teekay Tankers

Market Cap: €2.4b

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

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.

EQT

Market Cap: €33.0b

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

Scorpio Tankers

Market Cap: €3.3b

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

Range Resources

Market Cap: €8.9b

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

Suncor Energy

Market Cap: €90.2b

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

Expand Energy

Market Cap: €21.2b

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: €2.1b

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: €191.2m

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

InPlay Oil

Market Cap: €406.1m

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

Paratus Energy Services

Market Cap: €7.4b

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

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: €48.2b

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

Brookside Energy

Market Cap: €38.5m

Engages in the exploration, production, and appraisal of oil and gas projects in the United States.

China Coal Energy

Market Cap: €173.3b

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

Bristow Group

Market Cap: €1.2b

Provides vertical flight solutions to offshore energy companies and government agencies in the United Kingdom, Norway, the United States, Nigeria, and internationally.

Ensign Energy Services

Market Cap: €597.5m

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

Expand Energy

Market Cap: €21.2b

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

OKEA

Market Cap: €3.2b

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

California Resources

Market Cap: €4.8b

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

Diversified Energy

Market Cap: €938.8m

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.

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.

Cenovus Energy

Market Cap: €65.8b

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

Odfjell Drilling

Market Cap: €20.3b

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

APA

Market Cap: €11.7b

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