U.S. Energy Potentially Undervalued Companies

Civitas Resources

Market Cap: US$3.2b

An exploration and production company, focuses on the acquisition, development, and production of crude oil and associated liquids-rich natural gas.

EOG Resources

Market Cap: US$66.2b

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.

BP

Market Cap: US$66.4b

An integrated energy company, provides carbon products and services.

Woodside Energy Group

Market Cap: US$51.4b

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

Galp Energia SGPS

Market Cap: US$11.4b

Operates as an integrated energy operator in Portugal and internationally.

Ring Energy

Market Cap: US$218.9m

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

Hafnia

Market Cap: US$29.7b

Owns and operates oil product tankers in Bermuda.

STEP Energy Services

Market Cap: US$310.4m

An energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States.

BW Energy

Market Cap: US$9.5b

Engages in the exploration and production of oil and gas properties.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

Market Cap: US$1.9t

Operates as an integrated oil and gas company in Hungary and internationally.

Vermilion Energy

Market Cap: US$1.6b

An oil and gas producer, focuses on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia.

Alamtri Resources Indonesia

Market Cap: US$53.8t

Engages in the coal and mining business in Indonesia.

Yankuang Energy Group

Market Cap: US$119.6b

Engages in the mining, preparation, and sale of coal in China, Australia, and internationally.

Prio

Market Cap: US$31.1b

Engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally.

TORM

Market Cap: US$13.1b

A shipping company, owns and operates a fleet of product tankers in the United Kingdom.

Ampol

Market Cap: US$7.0b

Ampol Limited purchases and sells petroleum products in Australia, New Zealand, Singapore, and the United States.

Chord Energy

Market Cap: US$6.2b

Operates as an independent exploration and production company in the United States.

International Seaways

Market Cap: US$2.2b

Owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade.

KLX Energy Services Holdings

Market Cap: US$34.4m

Provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States.

StealthGas

Market Cap: US$283.3m

Provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users worldwide.

ShaMaran Petroleum

Market Cap: US$602.5m

Engages in the oil and gas exploration and production.

Drilling Tools International

Market Cap: US$67.8m

Provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East.

TETRA Technologies

Market Cap: US$598.4m

Operates as an energy services and solutions company.

Frontline

Market Cap: US$4.5b

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

Schlumberger

Market Cap: US$53.7b

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

Savannah Energy

Market Cap: US$112.7m

Engages in the exploration, development, and production of natural gas and crude oil.

PBF Energy

Market Cap: US$3.1b

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

Koninklijke Vopak

Market Cap: US$4.8b

An independent tank storage company, stores and handles liquid chemicals, gases, and oil products to the energy and manufacturing markets worldwide.

BWG

Market Cap: US$23.6b

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

Weatherford International

Market Cap: US$4.4b

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

NCS Multistage Holdings

Market Cap: US$96.3m

Provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally.

NuVista Energy

Market Cap: US$2.9b

Engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin.

Pason Systems

Market Cap: US$908.4m

Provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally.

Tullow Oil

Market Cap: US$159.7m

An energy company, develops, produces, and sells oil and gas resources in Ghana, Gabon, Côte d’Ivoire, Kenya, and Argentina.

Vallourec

Market Cap: US$3.7b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

Galp Energia SGPS

Market Cap: US$11.4b

Operates as an integrated energy operator in Portugal and internationally.