Global Energy Strong Balance Sheet Stocks

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.

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.

TAEYANG

Market Cap: ₩52.1b

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

Spindletop Oil & Gas

Market Cap: US$21.0m

An independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas in Alabama, Louisiana, Oklahoma, New Mexico, and Texas.

Asian Insulators

Market Cap: ฿2.4b

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

Heatec Jietong Holdings

Market Cap: S$3.9m

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.

CNOOC Energy Technology & Services

Market Cap: CN¥38.9b

Operates in the oil and gas industry in China.

CH Offshore

Market Cap: S$31.7m

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

Finder Energy Holdings

Market Cap: AU$151.1m

Engages in the exploration of oil and gas properties.

Elnusa

Market Cap: Rp3.6t

Provides oil and gas services in Indonesia.

Lanka IOC

Market Cap: LK₨69.9b

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

China Aviation Oil (Singapore)

Market Cap: S$1.2b

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

Berkeley Energia

Market Cap: AU$247.4m

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

Kabsons Industries

Market Cap: ₹360.6m

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

Running Fox Resource

Market Cap: CA$273.9k

Does not have significant operations.

Hartshead Resources

Market Cap: AU$19.7m

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

Wison Engineering Services

Market Cap: HK$2.1b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Philodrill

Market Cap: ₱1.5b

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

Kyungdong Invest

Market Cap: ₩128.9b

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

JTF International Holdings

Market Cap: HK$288.3m

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

BBGI

Market Cap: ฿4.4b

Manufactures and distributes biofuel and related products primarily in Thailand.

Padma Oil

Market Cap: ৳19.5b

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

Alphageo (India)

Market Cap: ₹1.6b

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

China Leon Inspection Holding

Market Cap: HK$1.6b

An investment holding company, provides inspection, testing, technical, and consulting services in Greater China, Singapore, and internationally.

Energy House Holding Company K.S.C.P

Market Cap: د.ك13.8m

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

Japan Petroleum Exploration

Market Cap: JP¥341.9b

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

Prima Andalan Mandiri

Market Cap: Rp13.5t

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

Haimo Technologies Group

Market Cap: CN¥4.6b

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.

Zhejiang Kingland Pipeline and TechnologiesLtd

Market Cap: CN¥3.8b

Focuses on the research, development, manufacture, and sale of welded steel pipe products for the petroleum industry in China.

Grand Ocean Advanced Resources

Market Cap: HK$80.8m

An investment holding company, produces and sells coal and minerals in Hong Kong and the People’s Republic of China.

Citra Tubindo

Market Cap: Rp4.1t

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

Resource Alam Indonesia

Market Cap: Rp1.6t

Engages in the coal mining business in Indonesia.

Qualitech

Market Cap: ฿197.1m

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

Prospex Energy

Market Cap: UK£16.1m

Operates as an oil and gas investment company.

AMEN Properties

Market Cap: US$28.2m

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