U.K. Energy Potentially Undervalued Companies

Shell

Market Cap: UK£180.2b

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

Odfjell Technology

Market Cap: NOK 2.5b

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.

Odfjell Drilling

Market Cap: NOK 21.6b

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

Teekay Tankers

Market Cap: US$2.4b

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

SBM Offshore

Market Cap: €5.7b

Provides floating production solutions to the offshore energy industry worldwide.

Antero Resources

Market Cap: US$11.5b

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.

Diversified Energy

Market Cap: UK£1.0b

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.

Diversified Energy

Market Cap: UK£1.0b

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: NOK 2.5b

Provides various oilfield products and services to the oil and gas industry in Norway, Europe, North America, south America, and internationally.

Range Resources

Market Cap: US$9.5b

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

EQT

Market Cap: US$34.6b

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

Shell

Market Cap: UK£180.2b

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

DOF Group

Market Cap: NOK 29.8b

Owns and operates a fleet of offshore and subsea vessels.

ConocoPhillips

Market Cap: US$145.3b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

Harbour Energy

Market Cap: UK£4.9b

Engages in the acquisition, exploration, development, and production of oil and gas reserves in Norway, the United Kingdom, Germany, Mexico, Argentina, North Africa, and Southeast Asia.

Energean

Market Cap: UK£1.3b

Engages in the exploration, production, and development of oil and gas.

DNO

Market Cap: NOK 18.7b

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

BWG

Market Cap: NOK 29.6b

An investment holding company, engages in ship owning and chartering activities worldwide.

Okeanis Eco Tankers

Market Cap: NOK 17.7b

A shipping company, owns and operates tanker vessels worldwide.

Paratus Energy Services

Market Cap: NOK 7.7b

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

Jadestone Energy

Market Cap: UK£182.5m

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

Afentra

Market Cap: UK£166.2m

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

Tullow Oil

Market Cap: UK£232.4m

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

Technip Energies

Market Cap: €6.1b

Operates as an engineering and technology company in Europe, Central Asia, Africa, the Middle East, the Asia Pacific, and the Americas.

d'Amico International Shipping

Market Cap: €855.4m

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

Getech Group

Market Cap: UK£3.3m

Engages in locating the subsurface resources essential in United Kingdom, the United States, Australia, rest of Americas, rest of Europe, the United Arab Emirates, Africa, and Asia.

Helmerich & Payne

Market Cap: US$4.0b

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

Gran Tierra Energy

Market Cap: UK£291.0m

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.

Motor Oil (Hellas) Corinth Refineries

Market Cap: €4.3b

Motor Oil (Hellas) Corinth Refineries S.A.

Oil and Gas Development

Market Cap: US$1.4t

Explores for, develops, produces, and sells oil and gas resources in Pakistan.

Frontline

Market Cap: NOK 7.8b

A shipping company, engages in the ownership and operation of oil and product tankers worldwide.

Archer

Market Cap: NOK 2.5b

Provides various oilfield products and services to the oil and gas industry in Norway, Europe, North America, south America, and internationally.

TotalEnergies

Market Cap: €172.1b

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, Brazil, India, and internationally.

Aker Solutions

Market Cap: NOK 21.4b

Provides solutions, products, systems, and services to the oil and gas industry in Norway, the United States, Brazil, the United Kingdom, Malaysia, Angola, Brunei, Canada, India, and internationally.

Permian Resources

Market Cap: US$16.9b

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.

EnQuest

Market Cap: UK£360.3m

An oil and gas production and development company, explores, extracts, and produces hydrocarbons in the North Sea and Malaysia.