Global Energy Potentially Undervalued Companies

Helmerich & Payne

Market Cap: €2.0b

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

China Petroleum & Chemical

Market Cap: US$682.2b

An energy and chemical company, engages in the oil and gas and chemical operations in Mainland China.

Sea1 Offshore

Market Cap: NOK 2.8b

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

Teekay Tankers

Market Cap: €1.4b

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

Panoro Energy

Market Cap: NOK 2.6b

An independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa.

TotalEnergies

Market Cap: €117.4b

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.

Frontline

Market Cap: US$3.6b

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

Headwater Exploration

Market Cap: €1.4b

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

Teekay Tankers

Market Cap: US$1.5b

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

Halliburton

Market Cap: US$18.0b

Provides products and services to the energy industry worldwide.

Helmerich & Payne

Market Cap: US$2.0b

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

TETRA Technologies

Market Cap: €356.1m

Operates as an energy services and solutions company.

Santos

Market Cap: AU$19.1b

Explores, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea.

SECURE Waste Infrastructure

Market Cap: US$3.1b

Engages in the waste management and energy infrastructure businesses primarily in Canada and the United States.

Ovintiv

Market Cap: US$9.0b

Explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America.

Okeanis Eco Tankers

Market Cap: US$7.7b

A shipping company, owns and operates tanker vessels worldwide.

TotalEnergies

Market Cap: €117.4b

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.

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.

Pason Systems

Market Cap: US$883.7m

Provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally.

NuVista Energy

Market Cap: US$2.5b

Engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin.

VAALCO Energy

Market Cap: UK£356.9m

An independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, Cote d'Ivoire, and Canada.

Ensign Energy Services

Market Cap: US$357.8m

Engages in the provision of oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally.

Pason Systems

Market Cap: €883.7m

Provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally.

Weatherford International

Market Cap: €3.0b

An energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

MEG Energy

Market Cap: CA$5.3b

An energy company, focuses on in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada.

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.

CES Energy Solutions

Market Cap: CA$1.4b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Okeanis Eco Tankers

Market Cap: €7.7b

A shipping company, owns and operates tanker vessels worldwide.

BWG

Market Cap: US$16.4b

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

Weatherford International

Market Cap: US$3.0b

An energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

COSCO SHIPPING Energy Transportation

Market Cap: €45.9b

An investment holding company, engages in the transportation of oil and liquefied natural gas (LNG) in People’s Republic of China and internationally.

Odfjell Technology

Market Cap: €1.7b

A technology and engineering company, provides well, drilling operations, and engineering services in Norway, the United Kingdom, Malaysia, Europe, Asia, and internationally.

Athabasca Oil

Market Cap: €2.5b

Engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada.

Whitecap Resources

Market Cap: CA$4.8b

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

Halliburton

Market Cap: US$18.3b

Provides products and services to the energy industry worldwide.

Whitecap Resources

Market Cap: €4.8b

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