Singaporean Energy Potentially Undervalued Companies

Mermaid Maritime

Market Cap: S$223.1m

Operates as a subsea and offshore services company in Thailand, Qatar, the United Arab Emirates, the United Kingdom, and Saudi Arabia.

Pacific Radiance

Market Cap: S$97.0m

An investment holding company, owns, operates, and manages offshore vessels and provides offshore support services.

Heatec Jietong Holdings

Market Cap: S$3.7m

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

Atlantic Navigation Holdings (Singapore)

Market Cap: S$44.5m

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

China Aviation Oil (Singapore)

Market Cap: S$1.1b

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

RH PetroGas

Market Cap: S$153.0m

An investment holding company, engages in the exploration, development, and production of oil and gas resources in Indonesia.

Mencast Holdings

Market Cap: S$16.0m

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

Geo Energy Resources

Market Cap: S$530.8m

An investment holding company, engages in the mining, production, and trading of coal.

PTT Exploration and Production

Market Cap: S$446.6b

Engages in the exploration, development, and production of petroleum in Thailand and internationally.

Rex International Holding

Market Cap: S$227.9m

An investment holding company, operates as an oil exploration and production company.