Energy Sector

Investing in energy sector stocks can be a smart move for those looking to capitalize on the growing demand for renewable energy sources. As the world shifts towards sustainable energy options, companies involved in areas such as solar, wind, and electric vehicles are likely to see significant growth potential. However, traditional energy companies such as oil and gas producers could still offer profitable investment opportunities for those willing to bet on their long-term resilience. Understanding the evolving landscape of the energy industry and conducting thorough research before investing is essential for maximizing returns in this sector. Whether you are a seasoned investor or just starting out, exploring energy sector stocks could provide a gateway to lucrative returns in the years to come.

Symbol Exchange Name MCAP Price Change PE Ratio Yield
CCLP NASDAQ CSI Compressco LP 0.29B 0.00 0.00 0.00 0.00
CGBS NASDAQ Crown LNG Holdings Ltd 0.44B 0.96 28.83 0.00 0.00
BROG NASDAQ Brooge Energy Ltd 0.11B 1.03 -3.76 2.16 0.00
URG NYSE Ur Energy Inc Common Shares (Canada) 0.46B 1.25 0.81 0.00 0.00
REI NYSE Ring Energy Inc 0.28B 1.43 1.42 2.44 0.00
WTI NYSE W&T Offshore Inc 0.27B 1.85 1.10 17.25 0.02
DNN NYSE Denison Mines Corp Ordinary Shares (Canada) 1.73B 1.94 -1.28 34.75 0.00
BTE NYSE Baytex Energy Corp Common Shares 1.80B 2.29 2.70 8.87 0.03
UROY NASDAQ Uranium Royalty Corp. - Common Stock 0.31B 2.31 -1.71 95.99 0.00
PFIE NASDAQ Profire Energy Inc 0.12B 2.55 0.40 0.00 0.00
UGP NYSE Ultrapar Participacoes S.A. (New) American Depositary Shares (Each representing one Common Share) 2.80B 2.59 -4.78 6.92 0.05
CLNE NASDAQ Clean Energy Fuels Corp 0.61B 2.72 -0.37 20.58 0.00
NAT NYSE Nordic American Tankers Ltd 0.62B 2.95 -0.34 8.73 0.15
AMTX NASDAQ Aemetis Inc 0.15B 2.99 0.68 0.00 0.00
IMPP NASDAQ Imperial Petroleum Inc 0.11B 3.34 -0.15 2.59 0.00
BORR NYSE Borr Drilling Limited Common Shares 0.82B 3.34 -2.06 10.32 0.08
EU NASDAQ enCore Energy Corp. - Common Stock 0.65B 3.48 4.82 58.14 0.00
DTI NASDAQ Drilling Tools International Corp 0.12B 3.51 1.45 14.25 0.00
KOS NYSE Kosmos Energy Ltd 1.75B 3.70 2.21 7.62 0.00
RIG NYSE Transocean Ltd 3.38B 3.86 -0.26 17.97 0.00
PHX NYSE PHX Minerals Inc 0.15B 3.89 -1.90 30.85 0.03
MMLP NASDAQ Martin Midstream Partners LP 0.16B 4.00 0.26 32.36 0.01
SJT NYSE San Juan Basin Royalty Trust 0.20B 4.35 -0.92 23.07 0.03
EGY NYSE VAALCO Energy Inc 0.50B 4.72 -0.11 5.01 0.06
BRY NASDAQ Berry Corp (bry) 0.37B 4.77 4.84 4.34 0.12
DLNG NYSE Dynagas LNG Partners LP 0.18B 5.00 -4.95 5.21 0.01
UUUU NYSE Energy Fuels Inc Ordinary Shares (Canada) 1.01B 5.15 0.69 555.56 0.00
NGL NYSE NGL Energy Partners LP 0.71B 5.35 -0.75 40.48 0.00
CSAN NYSE Cosan S.A. ADS 2.53B 5.43 -1.01 6.38 0.07
OIS NYSE Oil States International Inc 0.35B 5.50 -2.14 31.39 0.00
EPM NYSE Evolution Petroleum Corp 0.19B 5.53 -1.25 39.86 0.09
VRN NYSE Veren Inc. Common shares 3.42B 5.56 0.82 9.97 0.06
EPSN NASDAQ Epsilon Energy Ltd 0.13B 5.83 3.56 27.50 0.04
RES NYSE RPC Inc 1.26B 5.84 0.00 12.09 0.02
OBE NYSE Obsidian Energy Ltd. Common Shares 0.45B 6.04 2.29 5.43 0.00
GRNT NYSE Granite Ridge Resources Inc 0.79B 6.06 -1.39 17.56 0.07
GTE NYSE Gran Tierra Energy Inc. Common Stock 0.23B 6.28 -5.43 4.39 0.00
AMPY NYSE Amplify Energy Corp 0.26B 6.58 4.28 3.54 0.00
NXE NYSE Nexgen Energy Ltd. Common Shares 3.79B 6.71 -2.41 34.70 0.00
KGEI NASDAQ Kolibri Global Energy Inc. - Common stock 0.24B 6.78 -1.31 15.89 0.00
EP NYSE Empire Petroleum Corp 0.23B 6.80 -8.18 173.48 0.00
SLNG NASDAQ Stabilis Solutions Inc 0.13B 6.80 0.97 35.00 0.00
GFR NYSE Greenfire Resources Ltd 0.54B 6.85 -0.87 13.02 0.00
KLXE NASDAQ KLX Energy Services Holdings Inc 0.12B 6.91 2.99 4.80 0.00
UEC NYSE Uranium Energy Corp 2.97B 7.03 -1.96 400.00 0.00
TK NYSE Teekay Corp 0.62B 7.11 2.23 4.54 0.00
CPG NYSE 4.70B 7.55 -0.12 0.00 0.00
NR NYSE Newpark Resources Inc 0.67B 7.77 5.00 0.00 0.00
PTEN NASDAQ Patterson-UTI Energy Inc 3.06B 7.84 1.96 13.05 0.04
PUMP NYSE ProPetro Holding Corp 0.81B 7.88 -0.38 15.84 0.00
FTK NYSE Flotek Industries Inc 0.24B 8.08 -1.23 36.42 0.00
PROP NASDAQ Prairie Operating Co 0.19B 8.15 3.43 0.03 0.00
EC NYSE Ecopetrol S.A. American Depositary Shares 17.68B 8.60 0.35 4.33 0.26
ACDC NASDAQ ProFrac Holding Corp 1.39B 8.65 -0.46 9.69 0.00
CLCO NYSE Cool Company Ltd. Common Shares 0.47B 8.69 -1.20 5.02 0.16
HLX NYSE Helix Energy Solutions Group Inc 1.38B 9.10 1.68 213.50 0.00
NEXT NASDAQ NextDecade Corp 2.37B 9.10 0.67 42.44 0.00
IEP NASDAQ Icahn Enterprises LP 4.64B 9.21 0.66 165.52 0.36
GPRK NYSE GeoPark Ltd 0.48B 9.29 -0.86 4.72 0.06
VET NYSE Vermilion Energy Inc. Common (Canada) 1.48B 9.53 -2.36 2.53 0.04
TALO NYSE Talos Energy Inc 1.74B 9.67 0.42 16.17 0.00
GEOS NASDAQ Geospace Technologies Corp 0.13B 10.04 1.01 9.97 0.00
EFXT NYSE Enerflex Ltd Common Shares 1.28B 10.29 -1.72 17.39 0.01
GEL NYSE Genesis Energy LP 1.26B 10.31 -0.39 43.24 0.06
DHT NYSE DHT Holdings Inc 1.79B 11.10 0.09 10.80 0.09
CMBT NYSE Euronav NV Ordinary Shares 2.16B 11.13 0.64 1.88 0.55
HNRG NASDAQ Hallador Energy Co 0.49B 11.60 -4.37 217.39 0.00
SGU NYSE Star Group LP 0.41B 11.84 0.86 13.14 0.06
SD NYSE SandRidge Energy Inc 0.46B 12.31 0.70 9.67 0.04
PBR.A NYSE Petroleo Brasileiro S.A.- Petrobras American Depositary Shares 79.85B 12.39 1.73 4.83 0.23
GPP NASDAQ Green Plains Partners LP 0.29B 12.40 1.56 0.00 0.00
PBT NYSE Permian Basin Royalty Trust 0.60B 12.78 4.08 14.97 0.05
MRC NYSE MRC Global Inc 1.11B 12.97 -1.75 17.55 0.00
PBR NYSE Petroleo Brasileiro S.A.- Petrobras Common Stock 88.80B 13.78 -0.15 5.36 0.21
HPK NASDAQ HighPeak Energy Inc 1.80B 14.25 0.57 11.03 0.01
WTTR NYSE Select Water Solutions Inc 1.51B 14.69 0.69 23.51 0.02
XPRO NYSE Expro Group Holdings NV 1.74B 14.83 2.42 99.36 0.00
MNR NYSE Mach Natural Resources LP 1.58B 15.28 0.14 52.62 0.18
SLCA NYSE US Silica Holdings Inc 1.21B 15.49 -0.07 0.00 0.00
PR NYSE Permian Resources Corp 10.94B 15.56 -1.27 8.65 0.05
BSM NYSE Black Stone Minerals LP 3.28B 15.59 0.52 9.41 0.11
CVE NYSE Cenovus Energy Inc Common Stock 28.59B 15.65 1.30 10.70 0.03
KRP NYSE Kimbell Royalty Partners LP 1.44B 15.87 -0.69 31.12 0.11
WDS NYSE Woodside Energy Group Limited American Depositary Shares, each representing one Ordinary Share 30.49B 16.06 2.23 15.96 0.08
CRGY NYSE Crescent Energy Co 3.02B 16.16 -0.62 74.14 0.03
DEC NYSE Diversified Energy Company plc Ordinary Shares 0.82B 16.19 -0.31 5.67 0.11
AM NYSE Antero Midstream Corp 7.89B 16.39 -1.09 20.49 0.05
NOV NYSE NOV Inc 6.38B 16.40 0.87 5.50 0.02
NVGS NYSE Navigator Holdings Ltd 1.16B 16.70 0.12 14.61 0.01
TEN NYSE Tsakos Energy Navigation Ltd 0.51B 17.21 -3.86 3.15 0.09
RNGR NYSE Ranger Energy Services Inc 0.40B 17.79 1.14 27.63 0.01
TXO NYSE TXO Partners LP 0.74B 18.12 1.06 8.28 0.12
PAA NASDAQ Plains All American Pipeline LP 12.79B 18.18 -1.41 18.04 0.06
PARR NYSE Par Pacific Holdings Inc 1.02B 18.25 5.04 3.40 0.00
FRO NYSE Frontline Plc 4.07B 18.27 -2.33 6.50 0.12
FET NYSE Forum Energy Technologies Inc 0.24B 19.45 1.89 13.14 0.00
CVI NYSE CVR Energy Inc 1.96B 19.45 3.55 29.99 0.07
CLB NYSE Core Laboratories Inc 0.93B 19.82 0.61 36.11 0.00
DK NYSE Delek US Holdings Inc 1.28B 19.89 2.11 74.16 0.06
ET NYSE Energy Transfer LP 68.62B 20.04 0.56 15.48 0.06
CLMT NASDAQ Calumet Inc 1.72B 20.05 -8.87 27.43 0.00
SOC NYSE Sable Offshore Corp 1.83B 20.53 4.38 18.32 0.00
NOA NYSE North American Construction Group Ltd. Common Shares (no par) 0.56B 20.80 2.37 15.38 0.02
STR NYSE Sitio Royalties Corp 1.69B 21.36 0.24 126.15 0.07
LBRT NYSE Liberty Energy Inc 3.50B 21.40 0.14 10.67 0.01
CRK NYSE Comstock Resources Inc 6.29B 21.52 1.61 81.97 0.00
NS NYSE NuStar Energy LP 2.38B 21.96 -1.84 0.00 0.00
BTU NYSE Peabody Energy Corp 2.67B 22.00 -1.28 5.11 0.02
CAPL NYSE CrossAmerica Partners LP 0.84B 22.05 0.55 42.90 0.09
PAGP NASDAQ Plains GP Holdings LP 4.36B 22.08 0.92 25.90 0.06
TRMD NASDAQ TORM plc - Class A Common Stock 2.17B 22.31 6.32 2.48 0.31
APA NASDAQ APA Corp 8.78B 23.74 0.24 3.31 0.04
AESI NYSE Atlas Energy Solutions Inc 2.64B 23.93 5.19 34.67 0.04
LPG NYSE Dorian LPG Ltd 1.08B 25.21 -1.91 4.03 0.17
FLNG NYSE FLEX LNG Ltd. Ordinary Shares 1.37B 25.33 0.96 14.92 0.12
EQNR NYSE Equinor ASA 69.50B 25.53 -0.97 7.29 0.06
MGY NYSE Magnolia Oil & Gas Corp 4.89B 25.60 0.57 12.49 0.02
USAC NYSE USA Compression Partners LP 3.07B 26.20 -0.14 47.64 0.08
NGS NYSE Natural Gas Services Group Inc 0.33B 26.25 -0.99 22.02 0.00
OII NYSE Oceaneering International Inc 2.71B 26.84 0.59 20.04 0.00
VTS NYSE Vitesse Energy Inc 0.80B 27.20 0.28 18.00 0.08
WKC NYSE World Kinect Corp 1.59B 27.41 0.74 12.68 0.02
ARLP NASDAQ Alliance Resource Partners LP 3.53B 27.58 1.81 8.31 0.10
HAL NYSE Halliburton Co 24.39B 27.76 2.92 9.82 0.02
E NYSE ENI S.p.A. Common Stock 43.54B 28.34 0.45 17.50 0.07
CNX NYSE CNX Resources Corp 4.28B 28.65 0.53 9.33 0.00
CTRA NYSE Coterra Energy Inc 21.53B 29.23 0.18 17.59 0.03
EE NYSE Excelerate Energy Inc 0.72B 29.62 0.48 31.06 0.00
TGS NYSE Transportadora de Gas del Sur SA TGS Common Stock 4.46B 29.65 0.28 29.69 0.00
TBN NYSE Tamboran Resources Corp 0.42B 29.75 31.64 0.00 0.00
MUR NYSE Murphy Oil Corp 4.36B 29.89 -1.70 9.56 0.04
PBF NYSE PBF Energy Inc 3.45B 29.99 2.25 3.85 0.03
KMI NYSE Kinder Morgan Inc 66.78B 30.06 2.11 25.87 0.04
BP NYSE BP p.l.c. Common Stock 78.89B 30.10 0.04 31.41 0.06
AROC NYSE Archrock Inc 5.31B 30.34 2.06 32.64 0.02
HP NYSE Helmerich & Payne Inc 3.06B 30.45 0.50 10.12 0.04
CNQ NYSE Canadian Natural Resources Limited Common Stock 65.53B 31.01 -0.36 12.81 0.05
CHX NASDAQ ChampionX Corp 5.95B 31.21 7.07 18.55 0.01
NC NYSE NACCO Industries Inc 0.23B 31.32 2.90 14.59 0.03
FTI NYSE TechnipFMC PLC 13.87B 32.60 0.08 20.79 0.01
NE NYSE Noble Corp PLC 5.36B 33.45 -0.27 9.78 0.05
VTLE NYSE Vital Energy 1.28B 33.58 0.88 2.25 0.00
DMLP NASDAQ Dorchester Minerals LP 1.59B 33.69 -0.08 11.54 0.11
EPD NYSE Enterprise Products Partners LP 73.26B 33.80 -0.86 12.62 0.06
VTOL NYSE Bristow Group Inc 1.01B 35.18 -0.17 18.91 0.00
CPE NYSE Callon Petroleum Co 2.38B 35.76 1.83 0.00 0.00
HESM NYSE Hess Midstream LP 3.74B 35.90 0.37 17.49 0.06
INSW NYSE International Seaways Inc 1.79B 36.33 -1.63 3.46 0.13
DINO NYSE HF Sinclair Corp 6.90B 36.61 -1.43 20.71 0.06
DVN NYSE Devon Energy Corp 24.10B 36.68 0.61 6.66 0.04
SMLP NYSE Summit Midstream Partners LP 0.39B 36.82 1.75 0.00 0.00
REPX NYSE Riley Exploration Permian Inc 0.80B 37.12 0.76 6.10 0.04
PBA NYSE Pembina Pipeline Corp. Ordinary Shares (Canada) 21.68B 37.35 0.23 16.22 0.05
SDRL NYSE Seadrill Ltd 2.44B 37.75 -0.41 6.53 0.00
SBOW NYSE SilverBow Resources Inc 0.97B 37.90 -0.11 0.00 0.00
TS NYSE Tenaris S.A. American Depositary Shares 20.87B 38.57 0.16 8.38 0.03
SLB NYSE Schlumberger Ltd 54.10B 38.62 -0.49 13.59 0.03
WES NYSE Western Midstream Partners LP 14.74B 38.74 -2.15 10.83 0.08
SU NYSE Suncor Energy Inc. Common Stock 49.51B 39.38 2.74 9.00 0.04
TNK NYSE Teekay Tankers Ltd 1.38B 40.04 -2.54 3.29 0.03
AR NYSE Antero Resources Corp 12.68B 40.74 2.03 286.79 0.00
NOG NYSE Northern Oil & Gas Inc 4.11B 41.17 0.94 4.47 0.04
RRC NYSE Range Resources Corp 9.96B 41.29 2.38 20.09 0.01
BKR NASDAQ Baker Hughes Co 41.00B 41.43 0.29 20.43 0.02
GLNG NASDAQ Golar LNG Ltd 4.35B 41.70 1.14 308.77 0.02
YPF NYSE YPF Sociedad Anonima Common Stock 16.92B 43.02 -0.77 20.69 0.00
EQT NYSE EQT Corp 25.69B 43.05 -0.51 71.57 0.01
SM NYSE SM Energy Co 4.94B 43.21 -2.07 5.61 0.02
OVV NYSE Ovintiv Inc 11.33B 43.54 2.61 5.92 0.03
ENB NYSE Enbridge Inc Common Stock 94.87B 43.56 1.32 22.04 0.06
DKL NYSE Delek Logistics Partners LP 2.36B 43.98 0.53 15.67 0.10
KGS NYSE Kodiak Gas Services Inc 4.11B 47.05 1.95 236.24 0.03
OXY NYSE Occidental Petroleum Corp 44.78B 47.72 -0.99 13.50 0.02
VAL NYSE Valaris Ltd 3.43B 48.26 -1.11 3.41 0.00
TRP NYSE TC Energy Corporation Common Stock 50.17B 48.33 1.97 13.93 0.06
MPLX NYSE MPLX LP 49.64B 48.72 0.12 12.24 0.07
VNOM NASDAQ Viper Energy Inc 5.12B 49.70 -1.00 20.37 0.05
CCJ NYSE Cameco Corporation Common Stock 22.47B 51.64 0.61 309.72 0.00
GLP NYSE Global Partners LP 1.77B 52.59 0.20 15.53 0.06
CRC NYSE California Resources Corp 4.87B 53.26 -1.85 7.48 0.03
CIVI NYSE Civitas Resources Inc 5.23B 54.14 -1.19 5.02 0.10
TDW NYSE Tidewater Inc 2.88B 54.95 0.55 16.21 0.00
SUN NYSE Sunoco LP 7.50B 55.14 0.75 14.27 0.06
STNG NYSE Scorpio Tankers Inc 2.80B 55.45 -2.08 3.33 0.03
MTDR NYSE Matador Resources Co 7.02B 56.23 -0.32 8.08 0.01
WMB NYSE Williams Companies Inc 70.74B 58.03 3.57 25.24 0.03
TTE NYSE TotalEnergies SE 130.30B 58.11 -1.70 8.28 0.06
CQP NYSE Cheniere Energy Partners LP 28.24B 58.34 0.45 13.33 0.06
VIST NYSE Vista Energy S.A.B. de C.V. American Depositary Shares, each representing one series A share, with no par value 5.60B 58.87 0.14 11.00 0.00
WHD NYSE Cactus Inc 4.27B 64.09 0.49 22.31 0.01
SHEL NYSE Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) 195.86B 64.75 0.36 13.29 0.04
KNTK NYSE Kinetik Holdings Inc 3.92B 65.64 -0.26 22.31 0.05
PDS NYSE Precision Drilling Corporation Common Stock 0.91B 65.89 0.13 5.54 0.00
SBR NYSE Sabine Royalty Trust 0.96B 66.10 1.28 10.11 0.08
NBR NYSE Nabors Industries Ltd 0.64B 66.71 -1.47 0.00 0.00
IMO NYSE Imperial Oil Limited Common Stock 35.38B 67.60 -0.94 11.10 0.02
NFG NYSE National Fuel Gas Co 6.25B 68.77 0.52 82.76 0.03
WFRD NASDAQ Weatherford International PLC 5.16B 71.08 0.11 9.82 0.01
LEU NYSE Centrus Energy Corp 1.19B 72.83 0.57 19.09 0.00
LB NYSE LandBridge Co LLC 1.71B 73.64 1.25 43.10 0.00
XLE AMEX SPDR Select Sector Fund - Energy Select Sector 8.21B 91.32 0.33 68.34 5.07
DTM NYSE DT Midstream Inc 10.00B 98.65 -4.16 27.11 0.03
CEIX NYSE CONSOL Energy Inc 2.96B 100.59 -4.67 0.00 0.00
OKE NYSE ONEOK Inc 60.63B 104.01 -0.44 22.15 0.04
NRP NYSE Natural Resources Partners LP 1.42B 109.20 2.06 8.69 0.03
COP NYSE ConocoPhillips 145.29B 112.32 -0.54 12.08 0.03
XOM NYSE Exxon Mobil Corp 496.21B 112.90 -0.59 13.53 0.04
PSX NYSE Phillips 66 49.71B 120.37 1.54 15.56 0.04
CHRD NASDAQ Chord Energy Corp 7.38B 120.74 -1.13 6.08 0.09
VLO NYSE Valero Energy Corp 41.87B 132.27 -1.35 12.28 0.03
EOG NYSE EOG Resources Inc 76.94B 136.79 -0.22 10.64 0.03
HES NYSE Hess Corp 44.86B 145.59 -2.07 16.83 0.01
MPC NYSE Marathon Petroleum Corp 48.84B 151.95 1.70 11.76 0.02
CVX NYSE Chevron Corp 275.71B 154.64 -0.05 17.10 0.04
FANG NASDAQ Diamondback Energy Inc 52.60B 180.16 0.58 10.00 0.05
TRGP NYSE Targa Resources Corp 40.42B 185.34 -0.86 37.81 0.01
GPOR NYSE Gulfport Energy Corp 3.37B 190.14 -1.44 16.14 0.00
PNRG NASDAQ PrimeEnergy Resources Corp 0.36B 207.21 -0.91 9.63 0.00
PXD NYSE Pioneer Natural Resources Co 62.99B 269.62 0.74 0.00 0.00
TPL NYSE Texas Pacific Land Corp 32.00B 1,392.99 1.31 69.78 0.00

Introduction

Investing in energy sector stocks can be a profitable venture for those looking to expand their portfolio. This sector includes companies involved in the production and distribution of energy, such as oil, natural gas, and renewable energy sources. Understanding the intricacies of this industry can help investors make informed decisions when adding energy sector stocks to their portfolio.

Benefits of Energy Sector Stocks

There are several benefits to investing in energy sector stocks. Firstly, energy is a crucial component of economic growth, making energy companies a stable investment option. Additionally, as the demand for energy continues to rise globally, investing in energy sector stocks can provide long-term growth opportunities. Finally, many energy companies offer attractive dividend yields, making them a popular choice for income investors.

Risks of Energy Sector Stocks

While energy sector stocks offer attractive benefits, there are also risks to consider. Energy prices can be highly volatile, impacting the profitability of energy companies. Environmental regulations and shifting market trends towards renewable energy sources can also affect the performance of energy sector stocks. Additionally, political instability in regions where energy production occurs can introduce geopolitical risks to investments in this sector.

Conclusion

Investing in energy sector stocks can be a lucrative opportunity for investors seeking stable growth and dividend income. By understanding the benefits and risks associated with this sector, investors can make informed decisions when choosing which energy companies to include in their portfolio. As with any investment, research and careful consideration are key to success in the energy sector.

Frequently Asked Questions

What factors should I consider when investing in energy sector stocks?

When investing in energy sector stocks, it's important to consider factors such as energy prices, regulatory environment, geopolitical risks, and technological advances in the industry.

Are renewable energy companies a good investment in the energy sector?

Renewable energy companies can offer long-term growth potential as the world shifts towards more sustainable energy sources. However, investors should carefully research and assess the financial health and growth prospects of individual companies in this sector.

How can I manage the risks associated with investing in energy sector stocks?

Diversification is key to managing risks in your investment portfolio. By investing in a mix of energy companies operating in different regions and sectors within the industry, you can reduce your exposure to specific risks that may impact individual companies.