Mexican Energy Potentially Undervalued Companies

EOG Resources

Market Cap: Mex$60.5b

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.

Cheniere Energy

Market Cap: Mex$41.5b

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

YPF Sociedad Anónima

Market Cap: Mex$21.1t

An energy company, engages in the oil and gas upstream and downstream activities in Argentina.

Tenaris

Market Cap: Mex$18.0b

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.

Petróleo Brasileiro - Petrobras

Market Cap: Mex$422.8b

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

Petróleo Brasileiro - Petrobras

Market Cap: Mex$423.7b

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

Frontera Energy

Market Cap: Mex$358.9m

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

Coterra Energy

Market Cap: Mex$20.5b

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.

Equinor

Market Cap: Mex$576.3b

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

TotalEnergies

Market Cap: Mex$120.5b

A multi-energy company, produces and markets oil and biofuels, natural and green gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally.

Par Pacific Holdings

Market Cap: Mex$804.0m

Operates as an energy company in the United States.

Devon Energy

Market Cap: Mex$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.

Vista Energy. de

Market Cap: Mex$96.9b

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

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.

HF Sinclair

Market Cap: Mex$10.8b

Operates as an independent energy company in the United States.

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.

Woodside Energy Group

Market Cap: Mex$47.3b

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

International Seaways

Market Cap: Mex$2.4b

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$2.6b

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

Valaris

Market Cap: Mex$4.0b

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

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.

Talos Energy

Market Cap: Mex$2.0b

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$10.0b

Operates as an integrated energy operator in Portugal and internationally.

Teekay Tankers

Market Cap: Mex$1.5b

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

APA

Market Cap: Mex$9.4b

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

DHT Holdings

Market Cap: Mex$2.0b

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

Kosmos Energy

Market Cap: Mex$492.7m

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

Shell

Market Cap: Mex$154.1b

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

Diamondback Energy

Market Cap: Mex$45.3b

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.

PBF Energy

Market Cap: Mex$3.7b

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

ONEOK

Market Cap: Mex$46.4b

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

Transocean

Market Cap: Mex$4.7b

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.

Suncor Energy

Market Cap: Mex$73.2b

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

Gevo

Market Cap: Mex$530.7m

Operates as a carbon abatement company.