Global Energy Strong Balance Sheet Stocks

Reserve Petroleum

Market Cap: US$22.9m

An independent oil and gas company, engages in oil and natural gas exploration, development, and minerals management with areas of concentration in Arkansas, Kansas, Oklahoma, South Dakota, Texas, and Wyoming.

Forum Energy Technologies

Market Cap: US$202.9m

Designs, manufactures, and supplies products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally.

Nanjing Develop Advanced Manufacturing

Market Cap: CN¥3.8b

Nanjing Develop Advanced Manufacturing Co., Ltd.

New JCM GroupLtd

Market Cap: CN¥2.8b

Engages in equipment manufacturing business in China and internationally.

Longyan Zhuoyue New Energy

Market Cap: CN¥4.9b

A renewable company, engages in the producing and sale of biodiesel from waste oil in China.

PetroVietnam Transportation

Market Cap: ₫7.9t

Engages in the provision of maritime transportation services to the oil and gas industry in Vietnam and internationally.

Kinetic Development Group

Market Cap: HK$10.2b

An investment holding company, engages in the extraction and sale of coal products in the People’s Republic of China.

Vietnam National Petroleum Group

Market Cap: ₫45.4t

Engages in the exporting, importing, and trading of petroleum products in Vietnam and internationally.

Ocean Vantage Holdings Berhad

Market Cap: RM 58.8m

An investment holding company, provides integrated support services for the upstream and downstream oil and gas activities in Malaysia and internationally.

Oil Country Tubular

Market Cap: ₹2.9b

Manufactures and sells casing, tubing, and drill pipes used in the oil and gas drilling and exploration sector in India and internationally.

Revathi Equipment India

Market Cap: ₹2.7b

Engages in the manufacturing and marketing of drill equipment in India and internationally.

Kingsland Energy

Market Cap: CA$329.1k

Through its subsidiary, provides consulting services in Canada.

NMDC Energy - P.J.S.C

Market Cap: د.إ12.6b

Provides engineering, procurement, and construction services to offshore and onshore clients in the energy industry.

Indo Tambangraya Megah

Market Cap: Rp25.0t

Engages in coal mining activities in East, South, and Central Kalimantan.

Alamtri Resources Indonesia

Market Cap: Rp55.3t

Engages in the coal and mining business in Indonesia.

Oman Oil Marketing Company SAOG

Market Cap: ر.ع42.4m

Oman Oil Marketing Company SAOG, together with its subsidiaries, markets and distributes petroleum products primarily in the Sultanate of Oman.

Rukun Raharja

Market Cap: Rp8.9t

Operates as an integrated energy provider in Indonesia.

Adaro Andalan Indonesia

Market Cap: Rp54.3t

Engages in the thermal coal mining and trading activities.

Stampede Drilling

Market Cap: CA$29.6m

Provides oilfield services to the oil and natural gas industry in North America.

Exmar

Market Cap: €662.9m

Engages in the provision of shipping and floating infrastructure solutions worldwide.

Pharos Energy

Market Cap: UK£80.6m

An independent energy company, engages in the exploration, development, and production of oil and gas properties in Vietnam, Egypt, and China.

HELLENiQ ENERGY Holdings

Market Cap: €2.5b

Operates in the energy sector in Greece, the Southeastern Europe, and the East Mediterranean.

Unimot

Market Cap: zł1.2b

An independent fuel importer, engages in the wholesale and distribution of fuels in Poland.

Marine Petroleum Trust

Market Cap: US$7.7m

Together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust primarily in the United States.

AB Igrene

Market Cap: SEK 44.0m

Engages in the oil and gas exploration activities in Sweden.

Lapidoth Capital

Market Cap: ₪4.0b

Provides drilling and related services in Israel.

Ginting Jaya Energi

Market Cap: Rp121.3b

A contracting company, engages in oil and gas services in Indonesia.

Smart Sand

Market Cap: US$95.2m

Provides mine to wellsite proppant supply and logistics solutions to frac sand customers.

Key Petroleum

Market Cap: AU$1.1m

Engages in the acquisition and exploration of petroleum permits in Australia.

Brookside Energy

Market Cap: AU$35.9m

Engages in the exploration, production, and appraisal of oil and gas projects in the United States.

BWG

Market Cap: NOK 18.7b

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

Cenovus Energy

Market Cap: CA$35.3b

Develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China.

Saudi Arabian Oil

Market Cap: ر.س6.3t

Operates as an integrated energy and chemical company in the Kingdom of Saudi Arabia and internationally.

Aquila Holdings

Market Cap: NOK 172.6m

Manages a seismic ocean bottom node multi-client data library with assets in Norway, Egypt, and the United States.

Chesapeake Granite Wash Trust

Market Cap: US$20.6m

Owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma.

Shandong Xinchao Energy

Market Cap: CN¥21.8b

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