Global Energy Strong Balance Sheet Stocks

PJSC LUKOIL

Market Cap: ₽2.5t

PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas.

Oil Company Bashneft

Market Cap: ₽176.8b

Public Joint Stock Oil Company Bashneft engages in the development and implementation, exploration, production, and refining of oil reserves in Russia.

Pan Orient Energy

Market Cap: CA$60.3m

Pan Orient Energy Corp., a junior oil and natural gas company, engages in the exploration, development, and production of oil and gas properties in Thailand and Canada.

Hengyang Petrochemical Logistics

Market Cap: S$30.5m

An investment holding company, provides logistics and storage service solutions for the petrochemical industry in the People’s Republic of China.

Qualitech

Market Cap: ฿154.8m

Provides non-destructive testing, inspection, and certification services for welding and metal works, and equipment in Thailand and internationally.

Alphageo (India)

Market Cap: ₹1.5b

Engages in the provision of geophysical seismic data acquisition, processing, and interpretation services for exploration of hydrocarbons and minerals in India.

Japan Petroleum Exploration

Market Cap: JP¥601.0b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

Deep Yellow

Market Cap: AU$2.0b

Engages in the acquisition, exploration, development, and evaluation of uranium properties in Australia and Namibia.

Berkeley Energia

Market Cap: AU$191.9m

Engages in the exploration and development of mineral properties in Spain.

TAEYANG

Market Cap: ₩57.5b

Provides portable butane gas cartridges, stoves, and gas filling and aerosol products in South Korea.

Dwi Guna Laksana

Market Cap: Rp2.6t

Engages in the coal mining and trading business in Indonesia.

JTF International Holdings

Market Cap: HK$623.1m

An investment holding company, engages in the blending and selling of fuel oil in the People’s Republic of China.

BBGI

Market Cap: ฿5.7b

Manufactures and distributes biofuel and related products in Thailand.

88 Energy

Market Cap: AU$30.6m

Engages in the exploration and production of oil and gas properties in the United States and Namibia.

Elnusa

Market Cap: Rp5.3t

Provides oil and gas services in Indonesia.

China Aviation Oil (Singapore)

Market Cap: S$1.8b

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

Asian Insulators

Market Cap: ฿2.0b

Designs, produces, and distributes porcelain insulators and electrical equipment in Thailand.

Energy House Holding Company K.S.C.P

Market Cap: د.ك10.8m

Operates as an energy investment holding company in the Middle East and North Africa.

CH Offshore

Market Cap: S$29.6m

An investment holding company, owns and charters vessels in Singapore, Malaysia, Indonesia, Mexico, Africa, India, and Brunei.

Prima Andalan Mandiri

Market Cap: Rp14.8t

Through its subsidiaries, operates as a coal mining company in Indonesia.

Atlantic Navigation Holdings (Singapore)

Market Cap: S$61.3m

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

Star Petroleum Refining

Market Cap: ฿28.2b

Engages in refinery and petroleum product distribution in Thailand and internationally.

Finder Energy Holdings

Market Cap: AU$317.7m

Engages in the exploration of oil and gas properties.

Lanka IOC

Market Cap: LK₨77.2b

Imports, sells, and distributes petroleum products in Sri Lanka.

Haimo Technologies Group

Market Cap: CN¥5.7b

Engages in the provision of technologies, products, and services for oil and gas production enhancement, production optimization, and reservoir management in China, the Middle East, North Africa, Central, South and Southeast Asia, and North and South America.

Citra Tubindo

Market Cap: Rp4.7t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Pancontinental Energy

Market Cap: AU$116.0m

Engages in the exploration of oil and gas properties primarily in Namibia and Australia.

Philodrill

Market Cap: ₱1.7b

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

Hartshead Resources

Market Cap: AU$36.6m

Engages in the exploration and development of oil and gas properties in the United Kingdom.

Trinidad and Tobago NGL

Market Cap: TT$1.7b

An investment holding company, operates natural gas processing and natural gas liquids fractionation facilities in Trinidad and Tobago.

ADS Maritime Holding

Market Cap: NOK 174.7m

Operates as a shipping investment company in Cyprus.

Innovex International

Market Cap: US$1.8b

Designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide.

CBL International

Market Cap: US$12.4m

A marine fuel logistics company, provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft2.6t

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

Azincourt Energy

Market Cap: CA$10.6m

A resource company, engages in the acquisition, exploration, and development of alternative energy/fuel projects in Canada.

d'Amico International Shipping

Market Cap: €911.9m

Through its subsidiaries, operates as a marine transportation company worldwide.