Global Energy Low Leverage High Rewards

Elinoil Hellenic Petroleum

Market Cap: €50.3m

Engages in trading of liquid and solid fuels, and lubricants.

CNOOC

Market Cap: HK$1.2t

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

Indo Tambangraya Megah

Market Cap: Rp27.1t

Engages in coal mining and energy activities.

PJSC Tatneft

Market Cap: ₽915.4b

Engages in exploration, development, and production of crude oil in Russia and internationally.

Hunting

Market Cap: UK£676.6m

Manufactures components, technology systems, and precision parts worldwide.

TotalEnergies Marketing Côte d'Ivoire

Market Cap: XOF 181.0b

TotalEnergies Marketing Côte d'Ivoire S.A.

Highwater Ethanol

Market Cap: US$69.1m

Produces and sells fuel ethanol and co-products of the fuel ethanol production process through third-party professional marketers in the continental United States.

Sinopec Kantons Holdings

Market Cap: HK$9.3b

An investment holding company, provides crude oil jetty services.

China Oilfield Services

Market Cap: HK$55.4b

Provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Middle East, and internationally.

Sanrin

Market Cap: JP¥9.4b

Manufactures and sells briquette, charcoal, petroleum, LP gas, and other fuel products in Japan.

Türkiye Petrol Rafinerileri

Market Cap: ₺596.3b

Engages in the procurement and refining of crude oil, petroleum, and chemical products in Turkey and internationally.

Turcas Holding

Market Cap: ₺11.7b

Operates as a petrol and energy-focused investment company in Turkey.

Mitsuuroko Group HoldingsLtd

Market Cap: JP¥113.8b

Supplies liquefied petroleum gas and petroleum products in Japan, Singapore, and the rest of Asia.