Global Energy Strong Balance Sheet Stocks

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.

PJSC LUKOIL

Market Cap: ₽2.5t

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

Jadranski naftovod d.d

Market Cap: €775.9m

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

Prima Andalan Mandiri

Market Cap: Rp17.8t

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

Kabsons Industries

Market Cap: ₹421.6m

Engages in the bottling and sale of liquefied petroleum gas under the KABSONS brand in India.

Blaze Minerals

Market Cap: AU$3.9m

Engages in the exploration and development of mineral properties in Canada and Australia.

Qualitech

Market Cap: ฿297.7m

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

Hengyang Petrochemical Logistics

Market Cap: S$33.0m

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

Mandiri Herindo Adiperkasa

Market Cap: Rp2.5t

Provides mineral and coal transportation services in Indonesia.

Philodrill

Market Cap: ₱1.4b

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

Citra Tubindo

Market Cap: Rp2.2t

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

Padma Oil

Market Cap: ৳18.0b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Energy House Holding Company K.S.C.P

Market Cap: د.ك8.1m

The Energy House Holding Company K.S.C.P.

Dwi Guna Laksana

Market Cap: Rp2.4t

Engages in the coal mining and trading activities in Indonesia.

Alphageo (India)

Market Cap: ₹1.6b

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

Star Petroleum Refining

Market Cap: ฿21.9b

Operates a petroleum refinery in the Rayong Province of Thailand.

Lanka IOC

Market Cap: LK₨66.0b

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

Breakthrough Minerals

Market Cap: AU$3.0m

Operates as a mining and energy company in Australia and Canada.

Prominence Energy

Market Cap: AU$1.2m

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

Resource Alam Indonesia

Market Cap: Rp1.9t

Engages in the coal mining in Indonesia.

Elnusa

Market Cap: Rp2.9t

Provides oil and gas services in Indonesia.

Dian Swastatika Sentosa

Market Cap: Rp245.1t

Engages in the coal mining and trading; multimedia; forestry; infrastructure; power and steam generation; technology; and fertilizer and chemical trading businesses in Indonesia, China, India, Japan, Korea, the Netherlands, Europe, rest of South East Asia, and internationally.

Asian Insulators

Market Cap: ฿2.4b

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

GP Petroleums

Market Cap: ₹1.9b

GP Petroleums Limited formulates, manufactures, and markets industrial and automotive lubricants, rubber process oils, transformer oils, greases, and other specialties to industrial, automotive, and rubber industries in India.

Running Fox Resource

Market Cap: CA$273.9k

Does not have significant operations.

Trinidad and Tobago NGL

Market Cap: TT$653.3m

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

SECURE Waste Infrastructure

Market Cap: CA$3.3b

Engages in the waste management and energy infrastructure businesses primarily in Canada and the United States.

Athabasca Oil

Market Cap: CA$2.6b

Engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada.

d'Amico International Shipping

Market Cap: €422.1m

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

ADS Maritime Holding

Market Cap: NOK 144.9m

Operates as a shipping investment company.

Société Multinationale de Bitumes Société Anonyme

Market Cap: XOF 68.3b

Processes heavy bitumen crude in Africa.

ProPetro Holding

Market Cap: US$715.0m

Operates as an integrated oilfield services company.

Mattr

Market Cap: CA$602.0m

Operates as a material technology company that serves the transportation, communication, water management, energy and electrification markets in Canada, the United States, Latin America, Europe, Middle East, Africa, and Asia Pacific.

Hargreaves Services

Market Cap: UK£211.0m

Provides environmental and industrial services in the United Kingdom, Europe, Hong Kong, and internationally.

Forsys Metals

Market Cap: CA$101.0m

Engages in the acquisition, exploration, and development of mineral properties in Africa.