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Small Cap Energy
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
OBE
51
Obsidian Energy
OBE
$705M
$705M $10.56 6.13%
FCG icon
52
First Trust Natural Gas ETF
FCG
$667M
$667M $29.15 2.31%
WHK
53
WhiteHawk Minerals Corp
WHK
$628M
$628M $26.41 0.23%
ISOU
54
IsoEnergy Ltd
ISOU
$610M
$610M $9.35 0.95%
EGY icon
55
Vaalco Energy
EGY
$608M
$608M $5.78 2.69%
RSPG icon
56
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$604M
$604M $109.59 1.3%
GRNT icon
57
Granite Ridge Resources
GRNT
$583M
$583M $4.42 2.64%
CRAK icon
58
VanEck Oil Refiners ETF
CRAK
$583M
$583M $63.84 0.5%
EROK
59
EagleRock Land
EROK
$574M
$574M $21.78 1.04%
EIPX icon
60
FT Energy Income Partners Strategy ETF
EIPX
$553M
$553M $31.69 0.72%
TNGY
61
Tortoise Energy ETF
TNGY
$550M
$550M $10.74 0.83%
WTI icon
62
W&T Offshore
WTI
$545M
$545M $3.61 6.48%
ENFR icon
63
Alerian Energy Infrastructure ETF
ENFR
$523M
$523M $37.24 2.05%
SD icon
64
SandRidge Energy
SD
$513M
$513M $13.85 2.26%
UMI icon
65
USCF Midstream Energy Income Fund
UMI
$497M
$497M $57.34 2.07%
OIS icon
66
Oil States International
OIS
$496M
$496M $8.22 1.08%
CLB icon
67
Core Laboratories
CLB
$481M
$481M $10.48 0.1%
AMZA icon
68
InfraCap MLP ETF
AMZA
$461M
$461M $47.69 2.09%
PBOG
69
Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF
PBOG
$460M
$460M $34.70 1.45%
SMC
70
Summit Midstream
SMC
$424M
$424M $30.78 1.06%
NGS icon
71
Natural Gas Services Group
NGS
$423M
$423M $32.82 1.44%
SGU icon
72
Star Group
SGU
$418M
$418M $12.74 0.71%
XES icon
73
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$372M
$372M $112.29 0.41%
FXN icon
74
First Trust Energy AlphaDEX Fund
FXN
$363M
$363M $22.28 1.55%
RNGR icon
75
Ranger Energy Services
RNGR
$363M
$363M $15.50 0.26%

Small Cap Energy Stocks at a Glance

Energy companies find, produce, refine, and transport oil, gas, and other fuels, or supply the equipment and services that keep those operations running. Earnings track commodity prices closely, making this one of the most cyclical sectors — capital discipline and cost per barrel separate the winners across price swings.

There are 87 small cap Energy stocks — companies in the Energy sector with a market cap between $250M and $2B — worth a combined $81B.

The largest by market cap are Innovex International (INVX) at $1.99B, NGL Energy Partners (NGL) at $1.89B and Sprott Uranium Miners ETF (URNM) at $1.86B.

Among institutional investors, EagleRock Land (EROK) drew the most net new fund positions in Q2 2026: 74 funds opened new positions.

Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q2 2026.