Nigerian Retail Energy Sector

ChampionX

Market Cap: US$5.2b

Provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide.

NOV

Market Cap: US$5.1b

Designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally.

Viper Energy

Market Cap: US$5.1b

Owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America.

Hess Midstream

Market Cap: US$5.0b

Owns, operates, develops, and acquires midstream assets and provide fee-based services to Hess and third-party customers in the United States.

CNX Resources

Market Cap: US$4.9b

An independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin.

Noble

Market Cap: US$4.8b

Operates as an offshore drilling contractor for the oil and gas industry worldwide.

Magnolia Oil & Gas

Market Cap: US$4.5b

An independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States.

Golar LNG

Market Cap: US$4.3b

Designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas.

California Resources

Market Cap: US$4.3b

Operates as an independent energy and carbon management company in the United States.

Frontline

Market Cap: US$4.2b

A shipping company, engages in the ownership and operation of oil and product tankers worldwide.

Archrock

Market Cap: US$4.1b

Operates as an energy infrastructure company in the United States.

Weatherford International

Market Cap: US$4.1b

An energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide.

Core Natural Resources

Market Cap: US$4.0b

Produces, sells, and exports metallurgical and thermal coals in the United States and internationally.

Murphy Oil

Market Cap: US$3.8b

Operates as an oil and gas exploration and production company in the United States, Canada, and internationally.

Valaris

Market Cap: US$3.5b

Provides offshore contract drilling services in Brazil, the United Kingdom, U.S.

PBF Energy

Market Cap: US$3.3b

Through its subsidiaries, engages in refining and supplying petroleum products.

Gulfport Energy

Market Cap: US$3.3b

Engages in the acquisition, exploration, and production of natural gas, crude oil, and natural gas liquids in the United States.

SM Energy

Market Cap: US$3.2b

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

CVR Energy

Market Cap: US$3.2b

Engages in renewable fuels and petroleum refining and marketing, and nitrogen fertilizer manufacturing activities in the United States.

Cactus

Market Cap: US$3.1b

Designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally.

Northern Oil and Gas

Market Cap: US$3.0b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

Civitas Resources

Market Cap: US$3.0b

An exploration and production company, focuses on the acquisition, development, and production of crude oil and associated liquids-rich natural gas.

Kodiak Gas Services

Market Cap: US$2.8b

Operates contract compression infrastructure for customers in the oil and gas industry in the United States.

NextDecade

Market Cap: US$2.8b

An energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States.

Tidewater

Market Cap: US$2.6b

Provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine service vessels worldwide.

Transocean

Market Cap: US$2.6b

Provides offshore contract drilling services for oil and gas wells in Switzerland and internationally.

Patterson-UTI Energy

Market Cap: US$2.5b

Through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States and internationally.

Kinetik Holdings

Market Cap: US$2.5b

Through its subsidiaries, operates as a midstream company in the Texas Delaware Basin.

Crescent Energy

Market Cap: US$2.4b

An energy company, engages in the exploration and production of crude oil, natural gas, and natural gas liquids in the United States.

Sable Offshore

Market Cap: US$2.2b

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

Rattler Midstream

Market Cap: US$2.2b

Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related infrastructure assets in the Midland and Delaware Basins of the Permian Basin.

Oceaneering International

Market Cap: US$2.2b

Provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries in the United States.

Scorpio Tankers

Market Cap: US$2.1b

Engages in the seaborne transportation of crude oil and refined petroleum products worldwide.

Liberty Energy

Market Cap: US$2.0b

Provides hydraulic fracturing services and related technologies to onshore oil and natural gas exploration, and production companies in North America.

International Seaways

Market Cap: US$2.0b

Owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade.

BKV

Market Cap: US$1.9b

Produces and sells natural gas in the Barnett Shale in the Fort Worth Basin of Texas and in the Marcellus Shale in the Appalachian Basin of Northeast Pennsylvania.