Singaporean Energy Potentially Undervalued Companies

China Aviation Oil (Singapore)

Market Cap: S$1.5b

Trades in and supplies jet fuel to civil aviation industry worldwide.

PetroChina

Market Cap: S$2.2t

Engages in a range of petroleum related products, services, and activities in Mainland China and internationally.

Pacific Radiance

Market Cap: S$106.2m

An investment holding company, provides integrated offshore and marine services.

PTT Exploration and Production

Market Cap: S$603.4b

Engages in the exploration, development, and production of petroleum in Thailand, rest of Southeast Asia, the Middle East, Africa, and internationally.

Heatec Jietong Holdings

Market Cap: S$6.8m

Provides piping and heat exchanger services for the marine and oil and gas industries in Singapore, the People’s Republic of China, and the Philippines.

Atlantic Navigation Holdings (Singapore)

Market Cap: S$55.0m

An investment holding company, provides marine logistic services, ship repair, fabrication, and other marine services in Qatar, Saudi Arabia, Oman, and internationally.

AnAn International

Market Cap: S$76.2m

An investment holding company, trades in petrochemical, fuel oil, and petroleum products in Europe, Singapore, Hong Kong, and the People’s Republic of China.

Sinostar PEC Holdings

Market Cap: S$113.3m

An investment holding company, produces and supplies petrochemical products in the People’s Republic of China.

Mermaid Maritime

Market Cap: S$192.9m

Operates as a subsea and offshore services company in Thailand, Qatar, Nigeria, India, the United Arab Emirates, the United Kingdom, the United States, Angola, Malaysia, Singapore, Mauritius, Vietnam, and Saudi Arabia.

Mencast Holdings

Market Cap: S$43.0m

An investment holding company, provides engineering and maintenance, repair, and overhaul solutions in Singapore, the rest of Asia, and internationally.