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.

Epsilon Energy

Market Cap: US$122.0m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

AMEN Properties

Market Cap: US$26.1m

Owns oil and gas royalty and working interests in various oil and gas properties in the United States.

Jadranski naftovod d.d

Market Cap: €806.1m

Engages in the transport and storage of crude oil and petroleum products in the Republic of Croatia and internationally.

Running Fox Resource

Market Cap: CA$273.9k

Does not have significant operations.

Qualitech

Market Cap: ฿172.5m

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

Kyungdong Invest

Market Cap: ₩115.1b

Primarily engages in the supply of city gas in South Korea.

Lanka IOC

Market Cap: LK₨67.2b

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

JTF International Holdings

Market Cap: HK$348.8m

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

Haimo Technologies Group

Market Cap: CN¥4.8b

Manufactures and sells oilfield equipment and instruments for oilfield service companies in China, the Middle East, North Africa, Central, South and Southeast Asia, and North and South America.

Alphageo (India)

Market Cap: ₹1.4b

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

Pancontinental Energy

Market Cap: AU$74.6m

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

Japan Petroleum Exploration

Market Cap: JP¥368.3b

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

China Aviation Oil (Singapore)

Market Cap: S$1.3b

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

Asian Insulators

Market Cap: ฿2.1b

Manufactures and distributes porcelain insulators products for electricity distribution and transmission in Thailand.

Yancoal Australia

Market Cap: AU$6.7b

Engages in the exploration, development, production, and marketing of metallurgical and thermal coal in Australia, China, Japan, Taiwan, South Korea, Thailand, Vietnam, Malaysia, India, Europe, Israel, Chile, Indonesia, Cambodia, and Bangladesh.

Dian Swastatika Sentosa

Market Cap: Rp621.7t

Engages in the coal mining and trading, multimedia, forestry, infrastructure, power and steam generation, technology, and fertilizer and chemical trading businesses.

TAEYANG

Market Cap: ₩53.0b

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

CH Offshore

Market Cap: S$31.7m

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

Elnusa

Market Cap: Rp3.6t

Provides oil and gas services in Indonesia.

Prima Andalan Mandiri

Market Cap: Rp13.3t

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

Berkeley Energia

Market Cap: AU$236.3m

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

Energy House Holding Company K.S.C.P

Market Cap: د.ك12.0m

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

Deep Yellow

Market Cap: AU$1.7b

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

Hartshead Resources

Market Cap: AU$18.3m

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

Philodrill

Market Cap: ₱1.7b

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

Prominence Energy

Market Cap: AU$2.7m

Explores for, develops, and produces oil and gas projects in Australia and the United States.

Heatec Jietong Holdings

Market Cap: S$8.6m

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.

Star Petroleum Refining

Market Cap: ฿26.0b

Operates a petroleum refinery in the Rayong Province of Thailand.

BBGI

Market Cap: ฿4.1b

Manufactures and distributes biofuel and related products primarily in Thailand.

Finder Energy Holdings

Market Cap: AU$133.9m

Engages in the exploration of oil and gas properties.

Tenaris

Market Cap: €17.6b

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.

Zamet

Market Cap: zł82.2m

Manufactures and sells industrial steel structures, machinery, and equipment in Poland and internationally.