Indonesian Energy Strong Balance Sheet Stocks

Resource Alam Indonesia

Market Cap: Rp1.6t

Engages in the coal mining business in Indonesia.

Citra Tubindo

Market Cap: Rp4.2t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Elnusa

Market Cap: Rp3.9t

Provides oil and gas services in Indonesia.

Prima Andalan Mandiri

Market Cap: Rp13.7t

Through its subsidiaries, operates as a coal mining company in Indonesia.

Dwi Guna Laksana

Market Cap: Rp3.2t

Engages in the coal mining and trading activities in Indonesia.

Wintermar Offshore Marine

Market Cap: Rp1.9t

Provides supporting services for the offshore transportation for the oil and gas industry in Indonesia, Malaysia, Brunei, Myanmar, Thailand, India, Vietnam, the Philippines, the Middle East, and Taiwan.

Samindo Resources

Market Cap: Rp3.4t

Through its subsidiaries, operates as an integrated coal mining services company in Indonesia.

Bayan Resources

Market Cap: Rp591.7t

Engages in the coal mining and sale in Indonesia.

Ulima Nitra

Market Cap: Rp1.3t

Provides mining and mining equipment rental services.

AKR Corporindo

Market Cap: Rp24.6t

A logistics and supply chain company, engages in distribution and trading of petroleum and basic chemical products in Indonesia.

United Tractors

Market Cap: Rp102.6t

Provides coal mining services in Indonesia.

Baramulti Suksessarana

Market Cap: Rp10.4t

Operates as a coal mining and trading company in Indonesia.

Atlantis Subsea Indonesia

Market Cap: Rp415.4b

Provides multi-disciplinary survey support and solutions for the oil and gas, energy and renewable energy, and marine infrastructure sectors in Indonesia.

Golden Energy Mines

Market Cap: Rp52.6t

Through its subsidiaries, engages in coal mining business in Indonesia, China, India, the Philippines, South Korea, Bangladesh, Cambodia, Malaysia, Hongkong, and Vietnam.

GTS Internasional

Market Cap: Rp1.9t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Mandiri Herindo Adiperkasa

Market Cap: Rp2.4t

Provides mineral and coal transportation services in Indonesia.

Raharja Energi Cepu

Market Cap: Rp26.3t

Through its subsidiary, PT Raharja Energi Tanjung Jabung, engages in the mining and excavation of oil and gas blocks in Indonesia.

Dian Swastatika Sentosa

Market Cap: Rp544.5t

Engages in the coal mining and trading, multimedia, forestry, infrastructure, power and steam generation, technology, and fertilizer and chemical trading businesses.

Sigma Energy Compressindo

Market Cap: Rp123.8b

A service company, provides equipment rental services for the monetization of oil and gas industry.

Multikarya Asia Pasifik Raya

Market Cap: Rp1.1t

Provides products and services to the oil and gas industry in Indonesia and Southeast Asia.

Indo Tambangraya Megah

Market Cap: Rp25.6t

Engages in coal mining activities in East, South, and Central Kalimantan.

Adaro Andalan Indonesia

Market Cap: Rp68.1t

Engages in the coal mining activities.

Rukun Raharja

Market Cap: Rp20.4t

Operates as an integrated energy provider in Indonesia.

Alamtri Resources Indonesia

Market Cap: Rp55.6t

Engages in the coal and mining business in Indonesia.

Black Diamond Resources

Market Cap: Rp393.8b

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

Bukitm

Market Cap: Rp27.2t

Engages in coal mining activities in Indonesia.

Humpuss Maritim Internasional

Market Cap: Rp2.4t

PT Humpuss Maritim Internasional Tbk., together with its subsidiaries, transports liquified natural gas, crude oil, fuel oil, chemicals, containers, coal, and other sea cargoes in Indonesia.

MNC Energy Investments

Market Cap: Rp2.4t

An investment and holding company, engages in the trading and investment in the energy sector.

Radiant Utama Interinsco

Market Cap: Rp147.8b

Provides technical support services primarily in Indonesia.

Humpuss Intermoda Transportasi

Market Cap: Rp823.7b

Engages in the water transportation and other related activities in Indonesia.

Bumi Resources

Market Cap: Rp83.2t

Engages in the mining activities in Indonesia.

Garda Tujuh Buana

Market Cap: Rp520.0b

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

Energi Mega Persada

Market Cap: Rp23.7t

An upstream oil and gas company, through its subsidiaries explores, develops, produces, and sells crude oil and natural gas in Indonesia and Mozambique.

Golden Eagle Energy

Market Cap: Rp5.8t

Engages in the coal mining business in Indonesia.

Ginting Jaya Energi

Market Cap: Rp193.1b

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

Medco Energi Internasional

Market Cap: Rp31.7t

Explores for and produces oil and gas in Indonesia, Asia, Africa, the Middle East, the United States of America, and Europe.