Global Utilities Strong Balance Sheet Stocks

SPC Power

Market Cap: ₱11.8b

Generates, distributes, and sells electricity in the Philippines.

Aygaz

Market Cap: ₺39.0b

Aygaz A.S. purchases liquid petroleum gas (LPG) to retailers for distribution to customers in Turkey.

Kontrol Technologies

Market Cap: US$5.8m

Through its subsidiaries, provides energy compliance and consulting services in Canada and the United States.

S.N. Nuclearelectrica

Market Cap: RON 13.9b

Engages in the production and transmission of electricity and thermal energy in Romania.

Magnora

Market Cap: NOK 1.4b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

ECB

Market Cap: zł83.8m

Through its subsidiaries, engages in the production and sale of electricity and heat in Poland.

Çates Elektrik Üretim Anonim Sirketi

Market Cap: ₺5.6b

Engages in the production and sale of electricity through its thermal power plant.

Frendy Energy

Market Cap: €13.5m

Engages in the production of electricity through hydroelectric power plants in Italy.

OPG Power Ventures

Market Cap: UK£28.5m

Develops, owns, operates, and maintains private sector power projects in India.

Etrion

Market Cap: US$100.2k

Does not have significant operations.

Oklo

Market Cap: US$14.1b

Develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to the customers in the United States.

TNS energo Mari El

Market Cap: ₽2.0b

Public Joint-stock Company TNS energo Mari El supplies electricity in the Republic of Mari El.

Territorial Generating Company No. 1

Market Cap: ₽32.6b

Public Joint Stock Company ‘Territorial Generating Company’ No.1 produces electricity and heat in the North-West region of Russia.

Ryazanenergosbyt

Market Cap: ₽3.2b

Joint-Stock Company Ryazanenergosbyt engages in the purchase and sale of electricity in the wholesale and retail markets in the Ryazan Region, Russia.

eREXLtd

Market Cap: JP¥57.0b

Engages in the generation and supply of power in Japan.

SamchullyLtd

Market Cap: ₩455.7b

Engages in the supplying of natural gas in South Korea and the United States.

Altern Energy

Market Cap: PK₨4.6b

Engages in the generation and supply of electricity in Pakistan.

Shin Shin Natural Gas

Market Cap: NT$7.0b

Engages in the transmission of combustible natural gas by pipeline for non-industrial fuel supply in Taiwan.

Locality Planning Energy Holdings

Market Cap: AU$23.6m

Provides energy solutions throughout Queensland and Northern New South Wales.

Chongqing Fuling Electric Power Industrial

Market Cap: CN¥14.6b

Chongqing Fuling Electric Power Industrial Co., Ltd.

Perusahaan Gas Negara

Market Cap: Rp42.8t

Engages in the transmission and distribution of natural gas in Indonesia.

Ninh Binh Thermal Power

Market Cap: ₫150.5b

Engages in the generation of electricity in Vietnam.

Hokuriku GasLtd

Market Cap: JP¥17.9b

Operates gas business in Japan.

Shaanxi Meineng Clean EnergyLtd

Market Cap: CN¥2.9b

Operates as a professional gas operating company in the People’s Republic of China.

Korea Electric Power Industrial Development

Market Cap: ₩387.6b

Korea Electric Power Industrial Development Co., Ltd.

Mega First Corporation Berhad

Market Cap: RM 3.5b

Engages in renewable energy, resources, and packaging businesses in Malaysia, Lao PDR, other ASEAN countries, Papua New Guinea, India, Bangladesh, Australia, New Zealand, and internationally.

Pakgen Power

Market Cap: PK₨37.8b

Owns, operates, and maintains an oil-fired power station.

Eden Berhad

Market Cap: RM 83.4m

An investment holding company, operates as an independent power producer primarily in Malaysia.

Natural Gas Distribution

Market Cap: ر.س175.0m

Distributes natural gas through pipelines in Saudi Arabia.

Central Hydropower

Market Cap: ₫4.8t

Produces, transmits, and distributes electricity in Vietnam.

PetroVietNam Low Pressure Gas Distribution

Market Cap: ₫2.5t

Engages in the distribution of natural gas to households and zones in Vietnam.

Xinjiang Wanjing Energy

Market Cap: CN¥2.9b

Engages in the transmission, distribution, and sale of natural gas in China.

Thachang Green Energy

Market Cap: ฿3.7b

Engages in the renewable energy business in Thailand.

Central Puerto

Market Cap: AR$1.9t

Engages in the electric power generation activities in Argentina.

Nam Mu Hydropower JSC

Market Cap: ₫627.9b

Produces and supplies electricity in Vietnam.

naturenergie holding

Market Cap: CHF 1.1b

Through its subsidiaries, engages in the production, distribution, and sale of electricity under the naturenergie brand in Switzerland and internationally.