Russian Utilities Energy Sector

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.

Seadrill

Market Cap: US$1.9b

Provides offshore drilling services to the oil and gas industry worldwide.

Flowco Holdings

Market Cap: US$1.8b

Through its subsidiaries, provides production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry in the United States.

Mach Natural Resources

Market Cap: US$1.8b

An independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas, and the panhandle of Texas.

DHT Holdings

Market Cap: US$1.8b

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

Atlas Energy Solutions

Market Cap: US$1.7b

Engages in the production, processing, and sale of mesh and sand used as a proppant during the well completion process in the Permian Basin of West Texas and New Mexico.

Helmerich & Payne

Market Cap: US$1.7b

Provides drilling solutions and technologies for oil and gas exploration and production companies.

BKV

Market Cap: US$1.7b

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.

Par Pacific Holdings

Market Cap: US$1.6b

Operates as an energy company in the United States.

World Kinect

Market Cap: US$1.6b

Operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Talos Energy

Market Cap: US$1.6b

Through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico.

Teekay Tankers

Market Cap: US$1.5b

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

Calumet

Market Cap: US$1.5b

Manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally.

Delek US Holdings

Market Cap: US$1.4b

Engages in the integrated downstream energy business in the United States.

Aris Water Solutions

Market Cap: US$1.3b

An environmental infrastructure and solutions company, provides water handling and recycling solutions to oil and natural gas operators in the United States.

FLEX LNG

Market Cap: US$1.3b

Engages in the seaborne transportation of liquefied natural gas (LNG) worldwide.

SFL

Market Cap: US$1.2b

A maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters.

ProFrac Holding

Market Cap: US$1.2b

Operates as a technology-focused energy services holding company in the United States.

DorianG

Market Cap: US$1.2b

Engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide.

HighPeak Energy

Market Cap: US$1.2b

Operates as an independent crude oil and natural gas exploration and production company.

Select Water Solutions

Market Cap: US$1.2b

Provides water management and chemical solutions to the energy industry in the United States.

Innovex International

Market Cap: US$1.2b

Designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide.

Navigator Holdings

Market Cap: US$1.1b

Owns and operates a fleet of liquefied gas carriers worldwide.

Kosmos Energy

Market Cap: US$1.1b

A deep-water exploration and production company, engages in the exploration, development, and production of oil and natural gas properties.

RPC

Market Cap: US$1.0b

Engages provision of a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties.

Bristow Group

Market Cap: US$1.0b

Provides vertical flight solutions to integrated, national, and independent offshore energy companies and government agencies.

New Fortress Energy

Market Cap: US$1.0b

Operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide.

Expro Group Holdings

Market Cap: US$998.1m

Provides energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific.

Sabine Royalty Trust

Market Cap: US$963.1m

Sabine Royalty Trust holds royalty and mineral interests in various producing oil and gas properties in the United States.

Vitesse Energy

Market Cap: US$937.5m

Engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States.

Helix Energy Solutions Group

Market Cap: US$906.9m

An offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the United States, North Sea, the Asia Pacific, West Africa, and internationally.

REX American Resources

Market Cap: US$891.3m

Produces and sells ethanol in the United States.

Infinity Natural Resources

Market Cap: US$857.7m

Engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States.

TXO Partners

Market Cap: US$845.3m

An oil and natural gas company, focuses on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America.

Granite Ridge Resources

Market Cap: US$698.8m

Operates as a non-operated oil and natural gas exploration and production company.

Vital Energy

Market Cap: US$680.5m

An independent energy company, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, United States.