Given the surge and significant volatility in crude oil prices over the past few weeks, investors should be cautious when investing in commodities. One way to reduce risk is to invest in stocks or companies whose primary business involves commodities, as discussed in the previous issue. This article will score the largest selected oil and gas (O&G) companies globally to uncover potentially undervalued stocks.
The 20 companies to be scored are shown in Table 1, along with their market capitalisation and the exchange on which they are listed. Certain companies are excluded primarily due to investability restrictions, as these markets are unavailable to domestic investors for trading.
