Global Energy Strong Balance Sheet Stocks

Ithaca Energy

Market Cap: UK£2.3b

Engages in the development and production of oil and gas in the North Sea.

PHX Minerals

Market Cap: US$157.8m

Operates as a natural gas and oil mineral company in the United States.

ReFuels

Market Cap: NOK 954.5m

Engages in the design, development, and operation of biomethane and compressed natural gas (CNG) refueling stations in the United Kingdom and rest of Europe.

International Petroleum

Market Cap: CA$2.3b

Explores for, develops, and produces oil and gas.

Whitecap Resources

Market Cap: CA$10.8b

Engages in the acquisition, development, and production of petroleum and natural gas properties and assets in Western Canada.

Knox Energy Solutions

Market Cap: NOK 31.4m

Operates as an energy investment company in Norway.

Tourmaline Oil

Market Cap: CA$24.4b

Engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin.

ARC Resources

Market Cap: CA$16.2b

Engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada.

Cheniere Energy

Market Cap: US$51.7b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

Enteq Technologies

Market Cap: UK£508.2k

Provides reach and recovery products and technologies to the technologies oil and gas services market in the United States, China, Europe, Central Asia, Australasia, and internationally.

Garda Tujuh Buana

Market Cap: Rp327.5b

Engages in mining, producing, and selling thermal coal in the north middle part of Bunyu Island, Indonesia.

Petro VietnamG

Market Cap: ₫252.0b

Produces and distributes gas in Vietnam.

PetroVietnam Technical Services

Market Cap: ₫13.1t

Offers technical services for the oil and gas, energy, and industrial sectors.

MODEC

Market Cap: JP¥334.0b

A general contractor, engages in the engineering, procurement, construction, and installation of floating production systems for the offshore oil and gas production industries in Brazil, Guyana, Senegal, Ghana, Ivory Coast, Mexico, and internationally.

Central Petroleum

Market Cap: AU$45.5m

Engages in the development, production, processing, and marketing of hydrocarbons in Australia.

Dolphin Drilling

Market Cap: NOK 160.5m

Operates as a harsh environment drilling contractor for the offshore oil and gas industry in Mexico, Norway, and Nigeria.

Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim

Market Cap: ₺16.1b

Engages in the research, development, and production of oil, natural gas, and energy and energy resources in Turkey.

Elridge Energy Holdings Berhad

Market Cap: RM 1.2b

An investment holding company, engages in the manufacture and trading of biomass fuel products in Malaysia, Singapore, Indonesia, Japan, and Thailand.

Alma Metals

Market Cap: AU$7.1m

Engages in the exploration of metal properties in Australia.

Steel Hawk Berhad

Market Cap: RM 267.1m

An investment holding company, engages in the provision of onshore and offshore support services for the oil and gas (O&G) industry in Malaysia.

Apexindo Pratama Duta

Market Cap: Rp344.0b

Operates as a drilling contractor in Indonesia and internationally.

Blue Star Helium

Market Cap: AU$18.9m

Engages in the exploration, development, and production of helium in North America.

Shubhshree Biofuels Energy

Market Cap: ₹1.9b

Manufactures and supplies biomass fuels in India.

Joong Ang Enervis

Market Cap: ₩56.8b

Sells petroleum products in South Korea.

Beiken Energy Group

Market Cap: CN¥1.8b

Engages in the oil, gas, and geology businesses in China and internationally.

Vinacomin - HaLam Coal

Market Cap: ₫294.8b

Engages in underground coal mining activities in Vietnam.

Formosa Petrochemical

Market Cap: NT$375.3b

Engages in the petrochemical business in Taiwan, Australia, South Korea, the Philippines, Singapore, Malaysia, Mainland China, and internationally.

Bangchak Sriracha

Market Cap: ฿19.0b

Bangchak Sriracha Public Company Limited refines and markets petroleum products in Thailand.

Huscoke Holdings

Market Cap: HK$21.5m

An investment holding company, produces, trades in, and exports coke in the People’s Republic of China.

Afriquia Gaz

Market Cap: د.م14.3b

Distributes liquefied petroleum gas, butane, and propane in Morocco.

National Gas Company SAOG

Market Cap: ر.ع6.0m

Engages in marketing and sale of liquefied petroleum gas (LPG) in the Sultanate of Oman, other GCC countries, and Asia.

Senergy Holding Company K.S.C.P

Market Cap: د.ك12.2m

Provides oilfield services in Kuwait, Bahrain, and Pakistan.

Titas Gas Transmission and Distribution

Market Cap: ৳17.7b

Operates as a natural gas distribution company in Bangladesh.

Muscat Gases Company SAOG

Market Cap: ر.ع2.7m

Manufactures, markets, and sells industrial and cooking gases in the Sultanate of Oman and the United Arab Emirates.

Uni-Fuels Holdings

Market Cap: US$172.8m

Engages in the marketing, reselling, and brokerage of marine fuel products.

Golar LNG

Market Cap: US$4.2b

Designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas.