Global Energy Low Leverage High Rewards

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft2.7t

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

Tenaris

Market Cap: €25.0b

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.

Riley Exploration Permian

Market Cap: US$759.4m

An independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico.

Attock Petroleum

Market Cap: PK₨67.3b

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

Bumi Armada Berhad

Market Cap: RM 2.1b

An investment holding company, engages in providing floating production storage and offloading (FPSO) operations, and exploration, engineering, and maintenance services to offshore oil and gas companies.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥29.3b

Engages in the production and sales of coal in China.

Lanna Resources

Market Cap: ฿7.8b

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

Samindo Resources

Market Cap: Rp2.3t

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

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$485.5m

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.

OMV

Market Cap: €20.1b

Operates as an oil, gas, and chemicals company in Austria, Belgium, Germany, New Zealand, Norway, Romania, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally.

ExxonMobil Holdings

Market Cap: US$610.7b

Engages in the exploration and production of crude oil and natural gas in the United States, Canada, and internationally.

TotalEnergies

Market Cap: €156.6b

An integrated energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, the United States, Europe, Brazil, India, and internationally.

Peyto Exploration & Development

Market Cap: CA$5.0b

Engages in the exploration, development, and production of natural gas, and oil and natural gas liquids in Alberta’s deep basin.

Afriquia Gaz

Market Cap: د.م12.7b

Engages in the distribution of liquefied petroleum gas in Morocco.

MODEC

Market Cap: JP¥648.7b

Operates as engineering, procurement, construction and installation (EPCI) general contractor of floating production systems in Brazil, Guyana, Senegal, Cote d' Ivoire, Ghana, Mexico, and internationally.

Petron Malaysia Refining & Marketing Bhd

Market Cap: RM 942.3m

Engages in the manufacture, marketing, and sale of petroleum products for retail and commercial customers in Peninsular Malaysia.

ZJMI Environmental Energy

Market Cap: CN¥6.6b

Sells coal products in China and internationally.

HF Sinclair

Market Cap: US$16.0b

Operates as an independent energy company in the United States.

ConocoPhillips

Market Cap: US$139.8b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

Suncor Energy

Market Cap: CA$103.4b

Operates as an integrated energy company in Canada, the United States, and internationally.

Naturelgaz Sanayi ve Ticaret

Market Cap: ₺7.9b

Engages in purchases, compresses, and delivers natural gas for compressed natural gas (CNG) in the transported natural gas sector, and purchases, transports, and delivers gas in the liquefied natural gas (LNG) sector in Turkey.

TORM

Market Cap: DKK 19.0b

A shipping company, owns and operates a fleet of product tankers in the United Kingdom and internationally.

Great Eastern Shipping

Market Cap: ₹192.1b

Through its subsidiaries, engages in the shipping and offshore businesses in India and internationally.

Kesar Terminals & Infrastructure

Market Cap: ₹678.6m

Operates as a bulk liquid storage and logistics company in India.

Repsol

Market Cap: €27.1b

Operates as a multi-energy company in Spain, Peru, the United States, Portugal, and internationally.

JAG Capital Berhad

Market Cap: RM 501.5m

An investment holding company, engages in the business of importing, storing, bottling, marketing, trading, and distributing liquefied petroleum gas (LPG) for household and industrial use under the Solar Gas brand name in Malaysia.

United Tractors

Market Cap: Rp94.9t

Provides coal mining services in Indonesia.

Al Mahhar Holding Company Q.P.S.C

Market Cap: ر.ق439.5m

Engages in the energy and infrastructure business in Qatar and internationally.

Reserve Petroleum

Market Cap: US$33.3m

Operates as an independent oil and gas company in the United States.

Teekay Tankers

Market Cap: US$2.4b

Provides marine transportation services to oil industries in Bermuda and internationally.

Indo Tambangraya Megah

Market Cap: Rp26.6t

Engages in coal mining and energy activities.

Exmar

Market Cap: €910.5m

Engages in the provision of shipping and floating infrastructure solutions worldwide.

Qatar Fuel Company Q.P.S.C. (WOQOD)

Market Cap: ر.ق13.9b

Sells, markets, distribute, and transports oil, gas, and refined petroleum products in the State of Qatar.

CNOOC

Market Cap: HK$1.1t

An investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in worldwide.

TotalEnergies Marketing Kenya

Market Cap: KSh27.7b

TotalEnergies Marketing Kenya PLC markets and sells petroleum products in Kenya and internationally.