Mexican Energy Potentially Undervalued Companies

Coterra Energy

Market Cap: Mex$23.5b

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

Devon Energy

Market Cap: Mex$27.5b

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

Talos Energy

Market Cap: Mex$2.3b

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

Expand Energy

Market Cap: Mex$23.0b

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

Shell

Market Cap: Mex$179.6b

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

Petróleo Brasileiro - Petrobras

Market Cap: Mex$629.9b

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

Petróleo Brasileiro - Petrobras

Market Cap: Mex$629.9b

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

ONEOK

Market Cap: Mex$52.8b

Operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States.

Frontera Energy

Market Cap: Mex$955.5m

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

Chord Energy

Market Cap: Mex$7.0b

Operates as an independent exploration and production company in the United States.

Par Pacific Holdings

Market Cap: Mex$2.8b

An energy company, provides renewable and conventional fuels in the United States.

Vista Energy. de

Market Cap: Mex$120.2b

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

Matador Resources

Market Cap: Mex$5.4b

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

International Seaways

Market Cap: Mex$3.0b

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

Phillips 66

Market Cap: Mex$62.7b

Operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally.

Venture Global

Market Cap: Mex$28.5b

A liquefied natural gas (LNG) company, engages in the ownership, development, construction, and operation of LNG production facilities and associated infrastructure in the United States, Germany, France, Netherlands, the United Kingdom, and internationally.The company is involved in LNG production, natural gas transportation, and regasification operations, as well as LNG sales and shipping business through LNG tankers.

Scorpio Tankers

Market Cap: Mex$3.6b

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

Valaris

Market Cap: Mex$6.1b

Provides offshore contract drilling services in Brazil, the United Kingdom, Gulf of America, Australia, Angola, and internationally.

Grupo TMM

Market Cap: Mex$62.8m

Operates as a logistics and transportation company in Mexico.

Thungela Resources

Market Cap: Mex$11.6b

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

Teekay

Market Cap: Mex$650.8m

Provides crude oil marine transportation and other marine services worldwide.

Shell

Market Cap: Mex$179.6b

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

Cheniere Energy

Market Cap: Mex$52.8b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

Tidewater

Market Cap: Mex$4.2b

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$85.6b

An integrated energy company, engages in the oil and gas business worldwide.

Teekay Tankers

Market Cap: Mex$1.5b

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

DHT Holdings

Market Cap: Mex$3.0b

Through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India.

APA

Market Cap: Mex$12.6b

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

Cenovus Energy

Market Cap: Mex$63.9b

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

Kosmos Energy

Market Cap: Mex$1.5b

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

Diamondback Energy

Market Cap: Mex$50.7b

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, the United States.

d'Amico International Shipping

Market Cap: Mex$911.9m

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

Tenaris

Market Cap: Mex$24.7b

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.

PBF Energy

Market Cap: Mex$4.4b

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

TotalEnergies

Market Cap: Mex$155.8b

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.