U.K. 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: UK£11.3b

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

Serica Energy

Market Cap: UK£679.9m

Serica Energy plc, together with its subsidiaries, identifies, acquires, and exploits oil and gas reserves oil in the United Kingdom.

PetroTal

Market Cap: UK£557.2m

Engages in the exploration, appraisal and development of oil and natural gas in Peru, South America.

Awilco LNG

Market Cap: NOK 542.8m

Owns and operates liquefied natural gas (LNG) vessels in Norway.

Diversified Energy

Market Cap: UK£829.2m

Operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States.

Archer

Market Cap: NOK 2.1b

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

TotalEnergies

Market Cap: €117.8b

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.

Devon Energy

Market Cap: US$23.5b

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

Vallourec

Market Cap: €3.9b

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.

Equinor

Market Cap: US$648.8b

An energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally.

GeoPark

Market Cap: US$353.2m

Operates as an oil and natural gas exploration and production company in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries.

TotalEnergies

Market Cap: US$118.0b

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.

EnQuest

Market Cap: UK£219.4m

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

Etablissements Maurel & Prom

Market Cap: €1.0b

Engages in exploration and production of oil and gas, and hydrocarbons in Gabon, Tanzania, Angola, and Venezuela.

Koninklijke Vopak

Market Cap: €4.5b

An independent tank storage company, stores and handles liquid chemicals, gases, and oil products to the energy and manufacturing markets worldwide.

National Atomic Company Kazatomprom JSC

Market Cap: US$7.1t

Explores for, produces, processes, markets, and sells uranium and uranium related products.

Deutsche Rohstoff

Market Cap: €228.6m

Engages in the exploration and production of crude oil and natural gas primarily in the United States, Australia, Western Europe, and South Korea.

Verbio

Market Cap: €697.7m

Engages in the production and distribution of fuels and finished products in Germany, Europe, North America, and internationally.

EOG Resources

Market Cap: US$64.1b

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.

Petrofac

Market Cap: UK£20.9m

Designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

Green Plains

Market Cap: US$603.9m

Produces low-carbon fuels in the United States and internationally.

Kosmos Energy

Market Cap: UK£856.1m

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

Serica Energy

Market Cap: UK£679.9m

Serica Energy plc, together with its subsidiaries, identifies, acquires, and exploits oil and gas reserves oil in the United Kingdom.

Tekmar Group

Market Cap: UK£8.0m

Designs, manufactures, and supplies subsea stability and protection technology to offshore energy markets.

Cmb.Tech

Market Cap: €2.5b

Engages in marine transportation business in Belgium.

BlueNord

Market Cap: NOK 12.0b

An oil and gas company, engages in the production and development of resources that support the energy transition towards net zero in Norway, Denmark, the Netherlands, and the United Kingdom.

APA

Market Cap: US$8.8b

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

Petróleo Brasileiro - Petrobras

Market Cap: US$436.0b

Explores, produces, and sells oil and gas in Brazil and internationally.

PetroNor E&P

Market Cap: NOK 1.4b

Operates as an independent oil and gas exploration and production company in in the Republic of the Congo, the Gambia, and Nigeria.

Diamondback Energy

Market Cap: US$41.5b

An independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

National Atomic Company Kazatomprom JSC

Market Cap: US$7.1t

Explores for, produces, processes, markets, and sells uranium and uranium related products.

Prospex Energy

Market Cap: UK£16.5m

Operates as an oil and gas investment company.

Energean

Market Cap: UK£1.5b

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

Arrow Exploration

Market Cap: UK£75.8m

Operates a junior oil and gas company that engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada.

Shell

Market Cap: UK£159.0b

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