Mexican Energy Potentially Undervalued Companies

Diamondback Energy

Market Cap: Mex$43.1b

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.

Permian Resources

Market Cap: Mex$11.4b

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.

DHT Holdings

Market Cap: Mex$1.9b

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

Petróleo Brasileiro - Petrobras

Market Cap: Mex$420.6b

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

PBF Energy

Market Cap: Mex$3.2b

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

TotalEnergies

Market Cap: Mex$116.9b

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.

Petróleo Brasileiro - Petrobras

Market Cap: Mex$420.6b

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

TotalEnergies

Market Cap: Mex$116.9b

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.

Coterra Energy

Market Cap: Mex$18.7b

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.

Frontera Energy

Market Cap: Mex$426.2m

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

Equinor

Market Cap: Mex$625.8b

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

Par Pacific Holdings

Market Cap: Mex$804.0m

Operates as an energy company in the United States.

EQT

Market Cap: Mex$32.4b

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

Suncor Energy

Market Cap: Mex$68.9b

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

Vista Energy. de

Market Cap: Mex$75.6b

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

Halliburton

Market Cap: Mex$19.4b

Provides products and services to the energy industry worldwide.

Devon Energy

Market Cap: Mex$22.9b

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

Matador Resources

Market Cap: Mex$6.3b

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

Scorpio Tankers

Market Cap: Mex$2.4b

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

Valaris

Market Cap: Mex$3.5b

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

Woodside Energy Group

Market Cap: Mex$50.1b

Engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe.

Teekay

Market Cap: Mex$650.8m

Provides crude oil marine transportation and other marine services worldwide.

Thungela Resources

Market Cap: Mex$11.6b

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

BP

Market Cap: Mex$66.8b

An integrated energy company, provides carbon products and services.

Talos Energy

Market Cap: Mex$1.7b

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

Teekay Tankers

Market Cap: Mex$1.5b

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

APA

Market Cap: Mex$8.3b

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

Ecopetrol

Market Cap: Mex$77.7t

Operates as an integrated energy company.

Schlumberger

Market Cap: Mex$55.0b

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

NOV

Market Cap: Mex$4.9b

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.

Kosmos Energy

Market Cap: Mex$856.1m

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

EOG Resources

Market Cap: Mex$68.2b

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.

Transocean

Market Cap: Mex$2.9b

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

Frontline

Market Cap: Mex$5.7b

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