| 1 | Indian Oil Corporation Limited (IOC.NS) | 8/10 | 3.7x |
| 2 | Hindustan Petroleum Corporation Limited (HINDPETRO.NS) | 8/10 | 2.6x |
| 3 | Bharat Petroleum Corporation Limited (BPCL.NS) | 8/10 | 3.9x |
| 4 | HD Hyundai Co., Ltd. (267250.KS) | 8/10 | 3.1x |
| 5 | Vico International Holdings Limited (1621.HK) | 8/10 | 9.8x |
| 6 | Hankook Shell Oil Co.,Ltd. (002960.KS) | 8/10 | 16.9x |
| 7 | AnAn International Limited (Y35.SI) | 7/10 | 1.0x |
| 8 | Oando PLC (OAO.JO) | 7/10 | n.d. |
| 9 | Marathon Petroleum Corp (MPC) | 7/10 | 6.5x |
| 10 | Mepet Metro Petrol ve Tesisleri Sanayi Ticaret A.S. (MEPET.IS) | 7/10 | n.d. |
| 11 | China Aviation Oil (Singapore) Corporation Ltd (G92.SI) | 7/10 | 6.4x |
| 12 | Les Docks des Pétroles d'Ambès -SA (DPAM.PA) | 7/10 | 16.5x |
| 13 | Confidence Petroleum India Limited (CONFIPET.NS) | 7/10 | 6.8x |
| 14 | Castrol India Limited (CASTROLIND.NS) | 7/10 | 19.0x |
| 15 | Aegis Logistics Limited (AEGISLOG.NS) | 7/10 | 36.9x |
| 16 | Sinanen Holdings Co., Ltd. (8132.T) | 7/10 | 11.9x |
| 17 | Kamei Corporation (8037.T) | 7/10 | 7.9x |
| 18 | BP Castrol K.K. (5015.T) | 7/10 | 29.3x |
| 19 | Saudi Aramco Base Oil Company - Luberef (2223.SR) | 7/10 | 22.2x |
| 20 | CITIC Resources Holdings Limited (1205.HK) | 7/10 | 12.7x |
| 21 | Jiangsu Zhongsheng Gaoke Environmental Co.,Ltd. (002778.SZ) | 7/10 | 12.3x |
| 22 | TruAlt Bioenergy Limited (TRUALT.NS) | 6/9 | n.d. |
| 23 | Valero Energy Corp (VLO) | 6/10 | 12.6x |
| 24 | Ultrapar Participacoes SA (UGP) | 6/10 | 8.8x |
| 25 | Thai Oil Public Company Limited (TOP.BK) | 6/10 | 4.2x |
| 26 | Star Group LP (SGU) | 6/10 | 7.5x |
| 27 | Siamgas and Petrochemicals Public Company Limited (SGP.BK) | 6/10 | 3.6x |
| 28 | Rubis (RUI.PA) | 6/10 | 9.3x |
| 29 | Reliance Industries Limited (RELIANCE.NS) | 6/10 | 23.3x |
| 30 | Petronet LNG Limited (PETRONET.NS) | 6/10 | 19.3x |
| 31 | IRPC Public Company Limited (IRPC.BK) | 6/10 | 2.8x |
| 32 | HF Sinclair Corp (DINO) | 6/10 | 9.5x |
| 33 | DCC Energy plc (DCC.L) | 6/10 | 12.9x |
| 34 | PT Citra Nusantara Gemilang Tbk (CGAS.JK) | 6/10 | n.d. |
| 35 | PT AKR Corporindo Tbk (AKRA.JK) | 6/10 | 10.3x |
| 36 | San-Ai Obbli Co., Ltd. (8097.T) | 6/10 | 9.8x |
| 37 | Sanrin Co., Ltd. (7486.T) | 6/10 | n.d. |
| 38 | Formosa Petrochemical Corporation (6505.TW) | 6/10 | 28.4x |
| 39 | China HK Power Smart Energy Group Limited (0931.HK) | 6/10 | n.d. |
| 40 | SK Discovery Co., Ltd. (006125.KS) | 6/10 | n.d. |
| 41 | SK Discovery Co., Ltd. (006120.KS) | 6/10 | n.d. |
| 42 | Xinjiang International Industry Co.,Ltd (000159.SZ) | 6/10 | n.d. |
| 43 | Ca Mau Trading Joint Stock Company (CMV.VN) | 5/9 | n.d. |
| 44 | Star Petroleum Refining Public Company Limited (SPRC.BK) | 5/10 | 11.5x |
| 45 | Sea Oil Public Company Limited (SEAOIL.BK) | 5/10 | 14.8x |
| 46 | PetroVietnam General Services Joint Stock Company (PET.VN) | 5/10 | n.d. |
| 47 | PBF Energy Inc (PBF) | 5/10 | n.d. |
| 48 | Par Pacific Holdings Inc (PARR) | 5/10 | 13.9x |
| 49 | Panama Petrochem Limited (PANAMAPET.NS) | 5/10 | n.d. |
| 50 | PTT Oil and Retail Business Public Company Limited (OR.BK) | 5/10 | 32.0x |
| 51 | GP Petroleums Limited (GULFPETRO.NS) | 5/10 | 44.3x |
| 52 | Delixy Holdings Ltd (DLXY) | 5/10 | n.d. |
| 53 | Delek US Holdings Inc (DK) | 5/10 | 9.2x |
| 54 | Chennai Petroleum Corporation Limited (CHENNPETRO.NS) | 5/10 | 10.6x |
| 55 | Bangchak Corporation Public Company Limited (BCP.BK) | 5/10 | 6.6x |
| 56 | Arko Petroleum Corp (APC) | 5/10 | 13.6x |
| 57 | Ampol Limited (ALD.AX) | 5/10 | 118.4x |
| 58 | Mitsuuroko Group Holdings Co.,Ltd. (8131.T) | 5/10 | 50.5x |
| 59 | AP Oil International Limited (5AU.SI) | 5/10 | 11.1x |
| 60 | ENEOS Holdings, Inc. (5020.T) | 5/10 | 10.5x |