Global Energy Strong Balance Sheet Stocks

Inpex

Market Cap: JP¥3.3t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

Petrovietnam Drilling and Well Services

Market Cap: ₫12.6t

Provides drilling rigs and drilling-related services to the oil and gas industry in the Socialist Republic of Vietnam and internationally.

Ocean Vantage Holdings Berhad

Market Cap: RM 63.0m

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

Houpu Clean Energy Group

Market Cap: CN¥4.4b

Provides clean energy equipment solutions.

Neptune Petrochemicals

Market Cap: ₹3.8b

Manufactures, sells, and trades in bitumen-related products in India, Nepal, Bhutan, and Bangladesh.

Binh Son Refining and Petrochemical

Market Cap: ₫85.3t

Manages and operates oil refinery in Vietnam.

Pakistan Petroleum

Market Cap: PK₨568.2b

Engages in the exploration, development, and production of oil and natural gas resources in Pakistan, the United Arab Emirates, Iraq, and Yemen.

Woodside Energy Group

Market Cap: AU$44.3b

Engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe.

Kotyark Industries

Market Cap: ₹3.1b

Engages in the development of biofuels in India.

Rajputana Biodiesel

Market Cap: ₹1.9b

Engages in the manufacture and supply of bio-fuels and its by–products in India.

PetroVietnam Transportation

Market Cap: ₫8.7t

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

Lakes Blue Energy

Market Cap: AU$81.3m

Engages in the exploration of oil and gas properties.

TORM

Market Cap: DKK 13.5b

A shipping company, owns and operates a fleet of product tankers in the United Kingdom.

Marmota

Market Cap: AU$62.5m

Engages in the exploration of mineral properties in Australia.

Fast Energy Holdings Berhad

Market Cap: RM 17.2m

An investment holding company, engages in oil trading and bunkering services business in Malaysia.

SPT Energy Group

Market Cap: HK$566.6m

An investment holding company, provides integrated oilfield services in the People's Republic of China, Kazakhstan, Turkmenistan, Canada, Singapore, Indonesia, the Middle East, and internationally.

Ubon Bio Ethanol

Market Cap: ฿2.1b

Manufactures and distributes processed cassava products in Thailand, China, the United States, and internationally.

Global Offshore Services

Market Cap: ₹2.4b

Engages in the owning, operation, and charter of offshore support vessels in India.

Dialog Group Berhad

Market Cap: RM 10.9b

An investment holding company, provides integrated technical services to the energy sector in Malaysia Thailand, rest of Asia, Australia, New Zealand, the Middle East, and internationally.

Nanjing Develop Advanced Manufacturing

Market Cap: CN¥7.6b

Nanjing Develop Advanced Manufacturing Co., Ltd.

Al Mahhar Holding Company Q.P.S.C

Market Cap: ر.ق476.1m

Engages in the energy and infrastructure business in Qatar and internationally.

AB Igrene

Market Cap: SEK 41.0m

Engages in the oil and gas exploration activities in Sweden.

Key Petroleum

Market Cap: AU$1.6m

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

Lapidoth Capital

Market Cap: ₪4.5b

Provides drilling and related services in Israel.

Stabilis Solutions

Market Cap: US$77.5m

An energy transition company, provides turnkey clean energy production, storage, transportation, and fueling solutions primarily using liquefied natural gas (LNG) to various end markets in North America.

Marine Petroleum Trust

Market Cap: US$9.4m

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

Smart Sand

Market Cap: US$92.8m

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

Black Diamond Resources

Market Cap: Rp418.8b

Through its subsidiary, PT Dayak Membangun Pratama engages in the coal mining activities in Indonesia.

Cenovus Energy

Market Cap: CA$44.5b

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

RPC

Market Cap: US$1.0b

Engages provision of a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties.

Ginting Jaya Energi

Market Cap: Rp212.9b

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

Chesapeake Granite Wash Trust

Market Cap: US$21.6m

Owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Washita County, Oklahoma.

Tidewater

Market Cap: US$2.8b

Provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine service vessels worldwide.

NMDC Energy - P.J.S.C

Market Cap: د.إ12.1b

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

Inner Mongolia Yitai CoalLtd

Market Cap: US$5.7b

Engages in the mining, production, transportation, and sale of coal in the People’s Republic of China.

Cardinal Ethanol

Market Cap: US$226.4m

Engages in production and sale of fuel-grade ethanol, distiller grains, corn oil, and raw carbon dioxide in the continental United States.