U.S. Utilities Energy Sector

Par Pacific Holdings

Market Cap: US$2.0b

Operates as an energy company in the United States.

Teekay Tankers

Market Cap: US$2.0b

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

DHT Holdings

Market Cap: US$2.0b

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

Seadrill

Market Cap: US$2.0b

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

Calumet

Market Cap: US$1.7b

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.

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.

Talos Energy

Market Cap: US$1.7b

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

Expro Group Holdings

Market Cap: US$1.6b

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

NextDecade

Market Cap: US$1.5b

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

Mach Natural Resources

Market Cap: US$1.4b

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.

Flowco Holdings

Market Cap: US$1.4b

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

World Kinect

Market Cap: US$1.4b

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

Select Water Solutions

Market Cap: US$1.4b

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

Innovex International

Market Cap: US$1.4b

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

Sable Offshore

Market Cap: US$1.4b

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

FLEX LNG

Market Cap: US$1.4b

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

Atlas Energy Solutions

Market Cap: US$1.3b

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.

National Energy Services Reunited

Market Cap: US$1.2b

Provides oilfield services in the Middle East and North Africa region.

DorianG

Market Cap: US$1.2b

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

Bristow Group

Market Cap: US$1.2b

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

TETRA Technologies

Market Cap: US$1.1b

Operates as an energy services and solutions company.

REX American Resources

Market Cap: US$1.1b

Produces and sells ethanol in the United States.

Navigator Holdings

Market Cap: US$1.1b

Owns and operates a fleet of liquefied gas carriers worldwide.

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.

Helix Energy Solutions Group

Market Cap: US$1.0b

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.

Sabine Royalty Trust

Market Cap: US$1.0b

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

SFL

Market Cap: US$946.4m

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.

Vitesse Energy

Market Cap: US$889.5m

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

Borr Drilling

Market Cap: US$881.6m

Operates as an offshore shallow-water drilling contractor to the oil and gas industry in the United States, the Middle East, South East Asia, Europe, Latin America, and West Africa.

Permian Basin Royalty Trust

Market Cap: US$861.8m

Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States.

HighPeak Energy

Market Cap: US$857.7m

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

ProFrac Holding

Market Cap: US$788.6m

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

Teekay

Market Cap: US$775.1m

Provides crude oil marine transportation and other marine services worldwide.

Kosmos Energy

Market Cap: US$770.0m

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

Core Laboratories

Market Cap: US$766.0m

Provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally.

Nordic American Tankers

Market Cap: US$751.7m

A tanker company, owns, operates, and charters double-hull tankers in Bermuda and internationally.