Mexican Energy Potentially Undervalued Companies

EOG Resources

Market Cap: Mex$60.1b

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.

Devon Energy

Market Cap: Mex$18.3b

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

Halliburton

Market Cap: Mex$18.3b

Provides products and services to the energy industry worldwide.

Suncor Energy

Market Cap: Mex$57.5b

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

Vista Energy. de

Market Cap: Mex$75.3b

Through its subsidiaries, engages in the exploration and production of oil and gas in Latin America.

Ovintiv

Market Cap: Mex$8.5b

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

Gazprom

Market Cap: Mex$4.7t

Public Joint Stock Company Gazprom, an integrated energy company, engages in the geological exploration, production, processing, storage, transportation, and sale of gas, gas condensates, and oil in Russia and internationally.

PBF Energy

Market Cap: Mex$1.8b

Through its subsidiaries, engages in refining and supplying petroleum products.

Murphy Oil

Market Cap: Mex$3.0b

Operates as an oil and gas exploration and production company in the United States, Canada, and internationally.

Diamondback Energy

Market Cap: Mex$37.3b

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.

TotalEnergies

Market Cap: Mex$108.3b

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.

Baytex Energy

Market Cap: Mex$2.7b

An energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States.

Permian Resources

Market Cap: Mex$8.8b

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.

Frontera Energy

Market Cap: Mex$384.9m

Engages in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America.

Equinor

Market Cap: Mex$662.6b

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

Transocean

Market Cap: Mex$2.0b

Provides offshore contract drilling services for oil and gas wells in Switzerland and internationally.

Par Pacific Holdings

Market Cap: Mex$804.0m

Operates as an energy company in the United States.

Matador Resources

Market Cap: Mex$6.9b

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

HF Sinclair

Market Cap: Mex$10.8b

Operates as an independent energy company in the United States.

CNOOC

Market Cap: Mex$878.9b

An investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in the People’s Republic of China, Canada, and internationally.

International Seaways

Market Cap: Mex$1.6b

Owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade.

Scorpio Tankers

Market Cap: Mex$1.6b

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

Valaris

Market Cap: Mex$2.2b

Provides offshore contract drilling services in Brazil, the United Kingdom, U.S.

Tidewater

Market Cap: Mex$2.2b

Provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine service vessels worldwide.

BP

Market Cap: Mex$52.5b

An integrated energy company, provides carbon products and services.

Valero Energy

Market Cap: Mex$34.8b

Manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally.

Teekay

Market Cap: Mex$545.5m

Provides crude oil marine transportation and other marine services worldwide.

Talos Energy

Market Cap: Mex$1.3b

Through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico.

Galp Energia SGPS

Market Cap: Mex$8.8b

Operates as an integrated energy operator in Portugal and internationally.

Teekay Tankers

Market Cap: Mex$1.4b

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

Schlumberger

Market Cap: Mex$46.2b

Engages in the provision of technology for the energy industry worldwide.

Repsol

Market Cap: Mex$11.1b

Operates as a multi-e energy company in Spain, Peru, the United States, Portugal, and internationally.

NOV

Market Cap: Mex$4.5b

Designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.

Hess

Market Cap: Mex$39.5b

An exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia.

APA

Market Cap: Mex$5.5b

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

Petróleo Brasileiro - Petrobras

Market Cap: Mex$417.6b

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