U.S. Energy Potentially Undervalued Companies

DorianG

Market Cap: US$949.4m

Engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide.

TotalEnergies

Market Cap: US$114.2b

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.

Hafnia

Market Cap: US$25.8b

Owns and operates oil product tankers in Bermuda.

EOG Resources

Market Cap: US$60.7b

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.

Frontline

Market Cap: US$3.9b

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

Okeanis Eco Tankers

Market Cap: US$7.6b

A shipping company, owns and operates tanker vessels worldwide.

BWG

Market Cap: US$16.0b

An investment holding company, engages in ship owning and chartering activities worldwide.

Ensign Energy Services

Market Cap: US$360.5m

Provides oilfield services to the oil and natural gas industries in Canada, the United States, and internationally.

Weatherford International

Market Cap: US$3.3b

An energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

Halliburton

Market Cap: US$17.2b

Provides products and services to the energy industry worldwide.

ConocoPhillips

Market Cap: US$108.0b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

John Wood Group

Market Cap: US$126.8m

Engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide.

PHX Energy Services

Market Cap: US$369.9m

Provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, Albania, the Middle East regions, and internationally.

Ardmore Shipping

Market Cap: US$403.0m

Engages in the seaborne transportation of petroleum products and chemicals worldwide.

Suncor Energy

Market Cap: US$60.6b

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

Teekay Tankers

Market Cap: US$1.5b

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

Permian Resources

Market Cap: US$10.3b

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.

Peabody Energy

Market Cap: US$1.8b

Engages in coal mining business.

Diamondback Energy

Market Cap: US$40.2b

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.

Trican Well Service

Market Cap: US$782.5m

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

Mach Natural Resources

Market Cap: US$1.6b

An independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas.

Canacol Energy

Market Cap: US$91.1m

Operates as an oil and gas company in Colombia.

CES Energy Solutions

Market Cap: US$1.4b

Engages in the design, implementation, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada.

Thungela Resources

Market Cap: US$12.2b

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

Tenaris

Market Cap: US$15.4b

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.

TotalEnergies

Market Cap: US$114.2b

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.

Flowco Holdings

Market Cap: US$1.6b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

PetroTal

Market Cap: US$558.1m

Engages in the exploration, appraisal and development of oil and natural gas in Peru, South America.

BP

Market Cap: US$55.9b

An integrated energy company, provides carbon products and services.

Cool

Market Cap: US$3.2b

Acquires, owns, operates, and charters liquefied natural gas carriers (LNGCs).

Cenovus Energy

Market Cap: US$34.0b

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

Infinity Natural Resources

Market Cap: US$1.0b

Engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States.

Vital Energy

Market Cap: US$567.3m

An independent energy company, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, United States.

Murphy Oil

Market Cap: US$3.1b

Operates as an oil and gas exploration and production company in the United States, Canada, and internationally.

ProPetro Holding

Market Cap: US$588.1m

Operates as an integrated oilfield services company.

Aker BP

Market Cap: US$149.8b

Explores for, develops, and produces oil and gas on the Norwegian Continental Shelf.