Global Energy Low Leverage High Rewards

NWF Group

Market Cap: UK£66.0m

Engages in the sale and distribution of fuel oils in the United Kingdom.

San-Ai Obbli

Market Cap: JP¥127.2b

San-Ai Obbli Co., Ltd. wholesales and retails petroleum products and liquefied petroleum (LP) gas.

Padma Oil

Market Cap: ৳17.1b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Toyo Kanetsu K.K

Market Cap: JP¥35.6b

Engages in plant and machinery, material handling systems, and other businesses in Japan, Southeast Asia, and internationally.

Canadian Natural Resources

Market Cap: CA$139.6b

Engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa.

Chennai Petroleum

Market Cap: ₹150.6b

Produces and supplies petroleum products in India.

National Petroleum Services Company K.S.C.P

Market Cap: د.ك141.0m

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

La Société de Transport des Hydrocarbures par Pipelines SOTRAPIL

Market Cap: د.ت112.5m

Engages in the transport of hydrocarbons through pipelines connecting Bizerte and Rades; transport of aviation fuel; and storage services.

Afriquia Gaz

Market Cap: د.م12.9b

Engages in the distribution of liquefied petroleum gas in Morocco.

Wasco Berhad

Market Cap: RM 650.4m

Provides energy solutions worldwide It operates through Energy Services, Bioenergy Services, and Others segments.

Petronet LNG

Market Cap: ₹404.9b

Engages in the import, storage, regasification, and supply of liquefied natural gas (LNG) in India.

Bharat Petroleum

Market Cap: ₹1.3t

Engages in refining crude oil and marketing petroleum products in India and internationally.

AKR Corporindo

Market Cap: Rp26.5t

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

Inpex

Market Cap: JP¥4.5t

Engages in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources in Japan and internationally.

Deleum Berhad

Market Cap: RM 493.9m

An investment holding company, provides products and services to the oil and gas industries primarily in Malaysia.

Oil and Natural Gas

Market Cap: ₹3.7t

Engages in the exploration, development, production, and distribution of crude oil, natural gas, and value-added products in India and internationally.

Itochu EnexLtd

Market Cap: JP¥223.5b

Engages in the sale of petroleum products and liquefied petroleum gas (LPG), electricity, heat supply, vehicle sales in Japan and internationally.

Beijing Haohua Energy Resource

Market Cap: CN¥15.1b

Engages in the mining, washing, manufacturing, processing, export, and sale of coal in China.

Coal India

Market Cap: ₹3.0t

Produces and sells coal and coal products in India.

Fuji United Holdings CompanyLtd

Market Cap: JP¥7.6b

Fuji United Holdings Company,Ltd. purchases and sells petroleum products in Japan.

Alphageo (India)

Market Cap: ₹1.4b

Engages in the provision of geophysical seismic data acquisition, processing, and interpretation services for exploration of hydrocarbons and minerals in India.

Susco

Market Cap: ฿1.9b

Engages in the wholesale and retail of fuel products in Thailand, Cambodia, Myanmar, Laos, and China.

China Aviation Oil (Singapore)

Market Cap: S$1.7b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Lanka IOC

Market Cap: LK₨73.2b

Imports, sells, and distributes petroleum products in Sri Lanka.

Tenaris

Market Cap: €26.9b

Manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

d'Amico International Shipping

Market Cap: €1.0b

Through its subsidiaries, operates as a marine transportation company worldwide.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft2.5t

Operates as an integrated oil and gas company in Hungary and internationally.

Exxaro Resources

Market Cap: R48.5b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

EOG Resources

Market Cap: US$75.4b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

Japan Petroleum Exploration

Market Cap: JP¥482.0b

Explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East.

DHT Holdings

Market Cap: US$3.0b

Through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India.

Shaanxi Coal Industry

Market Cap: CN¥227.1b

Engages in the production and sales of coal and electricity in China and internationally.

Lanna Resources

Market Cap: ฿7.6b

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

Attock Petroleum

Market Cap: PK₨69.7b

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

Les Docks des Pétroles d'Ambès -SA

Market Cap: €83.6m

Provides logistics services of petroleum products in France.

PHX Energy Services

Market Cap: CA$540.1m

Provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, the Middle East regions, and internationally.