Global Energy Strong Balance Sheet Stocks

Xstate Resources

Market Cap: AU$3.2m

Engages in oil and natural gas exploration and production business in the United States, Austria, and Canada.

Carnarvon Energy

Market Cap: AU$175.3m

Engages in the exploration, development, and production of oil and gas properties in Australia.

Energy Metals

Market Cap: AU$17.2m

Operates as a uranium exploration company in Australia.

Qinghai Jinrui Mining Development

Market Cap: CN¥3.2b

Produces and sells strontium salt products in China.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥24.1b

Engages in the production and sales of coal and related chemical products in China.

Jintai Energy Holdings

Market Cap: HK$151.5m

An investment holding company, engages in the energy trading business in the People’s Republic of China and Hong Kong.

China Coal Energy

Market Cap: HK$155.1b

China Coal Energy Company Limited mines, produces, processes, trades in, and sells coal in the People’s Republic of China and internationally.

Carcetti Capital

Market Cap: CA$21.0m

Does not have significant operations.

Melbana Energy

Market Cap: AU$68.1m

Engages in the oil and gas exploration business in Cuba and Australia.

Du Du Holdings

Market Cap: HK$60.2m

An investment holding company, engages in the trading activities in Hong Kong and the People’s Republic of China.

China Shenhua Energy

Market Cap: HK$820.9b

Engages in the production and sale of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People’s Republic of China and internationally.

EPI (Holdings)

Market Cap: HK$101.6m

An investment holding company, primarily engages in the exploration and production of petroleum in Canada and Hong Kong.

Shenzhen Guangju Energy

Market Cap: CN¥6.0b

Engages in the wholesale, retail and warehousing of refined oil in China and internationally.

Lanna Resources

Market Cap: ฿8.3b

Lanna Resources Public Company Limited, together with its subsidiaries, manufacture and distributes coal.

Premier Tank Corporation

Market Cap: ฿348.5m

Provides oil and fuel tank farm services for receiving, storage, blending, and distributing petroleum products and other hazardous substances in Thailand.

Dana Gas PJSC

Market Cap: د.إ5.3b

Engages in the exploration, production, ownership, transportation, processing, distribution, marketing, and sale of natural gas and petroleum related products in the United Arab Emirates, Iraq, and Egypt.

Pakistan Oilfields

Market Cap: PK₨196.6b

Produces and sells crude oil and gas in Pakistan.

Attock Petroleum

Market Cap: PK₨64.3b

Attock Petroleum Limited procures, stores, markets, and distributes a range of petroleum and related products in Pakistan and internationally.

Naftna Industrija Srbije a.d

Market Cap: дин117.1b

An integrated oil company, engages in the exploration, development, and production of crude oil and gas in Serbia.

Meghna Petroleum

Market Cap: ৳22.6b

Engages in the procurement, storage, and marketing of petroleum products and lubricants, bitumen, liquefied petroleum gas (LPG), and battery water in Bangladesh.

National Petroleum Services Company K.S.C.P

Market Cap: د.ك125.6m

National Petroleum Services Company K.S.C.P.

Vico International Holdings

Market Cap: HK$94.0m

An investment holding company, engages in the distribution of lubricants and petrochemicals in Hong Kong, Vietnam, Dubai, Thailand, Singapore, and India.

CanAlaska Uranium

Market Cap: CA$216.9m

An exploration stage company, engages in the acquisition and exploration of mineral properties in Canada.

NCS Multistage Holdings

Market Cap: US$129.2m

Provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally.

Weatherford International

Market Cap: US$4.8b

An energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

Cactus

Market Cap: US$3.2b

Designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally.

Galp Energia SGPS

Market Cap: €11.5b

Operates as an integrated energy operator in Portugal and internationally.

Vallourec

Market Cap: €3.8b

Through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally.

Permian Basin Royalty Trust

Market Cap: US$863.7m

Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States.

Core Laboratories

Market Cap: US$585.7m

Provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally.

Stallion Uranium

Market Cap: CA$54.3m

Engages in the acquisition and exploration of mineral property assets in the United States and Canada.

Bayan Resources

Market Cap: Rp610.0t

Engages in the coal mining and sale in Indonesia.

Ruzy Madencilik ve Enerji Yatirimlari Sanayi ve Ticaret

Market Cap: ₺3.9b

Ruzy Madencilik ve Enerji Yatirimlari Sanayi ve Ticaret A.S.

Source Rock Royalties

Market Cap: CA$38.7m

An oil and gas royalty company, engages in acquiring and managing oil and gas royalties and mineral title interests.

Technip Energies

Market Cap: €7.0b

Operates as an engineering and technology company for the energy transition in Europe, Central Asia, the Asia Pacific, Africa, the Middle East, and the Americas.

Greenlane Renewables

Market Cap: CA$45.0m

Provides biogas desulfurization and upgrading systems and services worldwide.