Global Energy Strong Balance Sheet Stocks

Thungela Resources

Market Cap: R11.4b

Engages in the mining and production of thermal coal in South Africa and Australia.

PTL

Market Cap: US$52.1m

Through its subsidiaries, provides marine fuel logistics services for vessel refueling in Hong Kong and internationally.

Lubelski Wegiel Bogdanka

Market Cap: zł729.6m

Engages in the hard coal mining business in Poland.

Permianville Royalty Trust

Market Cap: US$49.5m

Operates as a statutory trust.

Valeura Energy

Market Cap: CA$817.3m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

ECA Marcellus Trust I

Market Cap: US$8.6m

Owns royalty interests in producing wells and horizontal natural gas development wells for Energy Corporation of America (ECA).

Condor Energy

Market Cap: AU$16.8m

Engages in the exploration of oil and gas in Australia and internationally.

MEC Resources

Market Cap: AU$7.4m

Through its subsidiaries, operates as an oil and gas exploration and development company in Australia.

Hankook Shell OilLtd

Market Cap: ₩474.5b

Engages in the manufacture, assembly, distribution, and marketing of lubricants and grease, and other petroleum products and related products.

Itochu EnexLtd

Market Cap: JP¥185.6b

Engages in the sale of petroleum products and liquefied petroleum gas (LPG) in Japan and internationally.

Liberty Energy

Market Cap: US$2.0b

Provides hydraulic fracturing services and related technologies to onshore oil and natural gas exploration, and production companies in North America.

AI Energy

Market Cap: ฿1.9b

Produces and distributes biodiesel and vegetable oil products in Thailand.

Dwellop

Market Cap: NOK 57.8m

Develops and delivers a range of well intervention products and systems to top tier services and oil companies worldwide.

Aakash Exploration Services

Market Cap: ₹835.3m

Provides oil and gas field services in India.

Perdana Petroleum Berhad

Market Cap: RM 389.7m

An investment holding company, provides offshore marine support services for the upstream oil and gas industry in Malaysia.

Baramulti Suksessarana

Market Cap: Rp10.9t

Engages in the coal mining, trading, and land transportation activities in Indonesia.

Canadian Spirit Resources

Market Cap: CA$5.8m

A natural resources company, focuses on the identification and development of opportunities in the unconventional natural gas sector in Canada.

PETRONAS Dagangan Berhad

Market Cap: RM 20.2b

Engages in retailing and marketing of downstream petroleum products primarily in Malaysia.

Metalore Resources

Market Cap: CA$4.0m

A junior resource company, engages in the natural gas production and gold exploration in Canada.

Dayang Enterprise Holdings Bhd

Market Cap: RM 2.0b

An investment holding company, provides offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services to the oil and gas companies in Malaysia.

Velesto Energy Berhad

Market Cap: RM 1.3b

An investment holding company, engages in activities in the upstream sector of the oil and gas industry in Malaysia and internationally.

MTQ

Market Cap: S$57.9m

Provides engineering solutions for oilfield equipment in Singapore, the Kingdom of Bahrain, Australia, United Arab Emirates, and the United Kingdom.

Nanjing Tanker

Market Cap: CN¥13.1b

Provides oil tanker transportation services in China and internationally.

Dezhou United Petroleum TechnologyLtd

Market Cap: CN¥2.5b

Dezhou United Petroleum Technology Co.,Ltd.

Xinjiang Hongtong Natural Gas

Market Cap: CN¥2.9b

Engages in the production, storage, transportation, and sales of liquefied natural gas and compressed natural gas in China.

SINOPEC Shandong Taishan Pectroleum

Market Cap: CN¥3.0b

SINOPEC Shandong Taishan Pectroleum Co., Ltd.

Inner Mongolia Yitai CoalLtd

Market Cap: US$6.1b

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

Jiangsu Rutong Petro-Machinery

Market Cap: CN¥3.1b

Researches, develops, manufactures, and sells oil drilling and production equipment and tools in China, the United States, the Middle East, Southeast Asia, Russia, North Africa, and internationally.

Anhui Hengyuan Coal Industry and Electricity PowerLtd

Market Cap: CN¥8.4b

Engages in the mining, production, washing, sale, and transportation of coal in China.

DGPLtd

Market Cap: ₩35.1b

Engages in the renewable energy business in South Korea.

Red Sky Energy

Market Cap: AU$32.5m

An oil and gas exploration and development company, acquires, drills, and develops oil and gas resources in the United States, the British Virgin Islands, and Australia.

San-Ai Obbli

Market Cap: JP¥109.1b

Engages in the wholesale and retail of petroleum products and liquefied petroleum (LP) gas.

Lotus Resources

Market Cap: AU$425.3m

Engages in the exploration, evaluation, and development of uranium properties in Africa.

Shandong Sunway Chemical Group

Market Cap: CN¥5.7b

Provides engineering services in petrochemical and coal chemical industry in China.

TMK Energy

Market Cap: AU$30.7m

Engages in the exploration and appraisal of coal seam Mongolia.

IPB Petroleum

Market Cap: AU$3.2m

Engages in the exploration of oil and gas properties in Australia.