Azimuth Capital Management

Monolith Materials, Inc. is a manufacturer based in Lincoln, Nebraska, with an additional office in San Carlos, California. Founded in 2012, the company specializes in sustainable manufacturing through the innovative process of methane pyrolysis, which allows for the production of low-emission carbon black and hydrogen. This method utilizes natural gas as a feedstock and incorporates renewable electricity, distinguishing Monolith’s approach from traditional combustion processes. In addition to carbon black, the company also produces hydrogen tail-gas, which serves as a co-product for power generation and industrial gas markets. Monolith Materials, formerly known as Boxer Industries, Inc., has positioned itself at the forefront of environmentally conscious manufacturing in the United States.

H Cycle is a company that specializes in transforming waste into low-carbon hydrogen, leveraging advanced waste gasification technology. By employing a thermal conversion process that utilizes heat and electricity, H Cycle effectively converts waste materials into hydrogen while generating safe byproducts and minimizing emissions. This innovative approach supports the circular economy and allows industrial and retail customers to adopt carbon-neutral hydrogen solutions for various applications, including refining, manufacturing, direct vehicle fueling, and aviation. Through its focus on sustainable practices, H Cycle aims to provide low-cost, environmentally friendly energy alternatives.

Monolith Materials, Inc. is a manufacturer based in Lincoln, Nebraska, with an additional office in San Carlos, California. Founded in 2012, the company specializes in sustainable manufacturing through the innovative process of methane pyrolysis, which allows for the production of low-emission carbon black and hydrogen. This method utilizes natural gas as a feedstock and incorporates renewable electricity, distinguishing Monolith’s approach from traditional combustion processes. In addition to carbon black, the company also produces hydrogen tail-gas, which serves as a co-product for power generation and industrial gas markets. Monolith Materials, formerly known as Boxer Industries, Inc., has positioned itself at the forefront of environmentally conscious manufacturing in the United States.

Corex Resources Ltd. is an oil and natural gas company based in Calgary, Canada, specializing in exploration and production activities in Western Canada. Founded in 2007 and formerly known as Amarone Oil & Gas Ltd., the company focuses on generating shareholder value through the development of drilling opportunities and strategic acquisitions. Corex Resources actively seeks accretive acquisitions and complementary farm-in opportunities to enhance its operations. The company's approach combines internally generated exploration initiatives with development drilling to maximize returns while navigating the competitive landscape of the oil and gas sector.

Enoflex specializes in manufacturing pipelines that facilitate the energy transition towards a low-carbon future. The company employs an industrial-scale additive manufacturing process to produce cost-effective solutions tailored to the evolving requirements of liquefied natural gas (LNG), carbon sequestration, and the hydrogen economy. By focusing on these emerging sectors, Enoflex aims to support clients in their efforts to adopt sustainable energy practices and contribute to a more environmentally friendly world.

PunchLab is a mobile application that transforms a traditional punching bag into an interactive training device, utilizing the sensors in smartphones to detect, measure, and respond to users' strikes. The app offers real-time feedback on workouts and features pre-programmed training routines designed by elite athletes, making it suitable for both combat sports enthusiasts and general fitness users. By enabling users to perform boxing-inspired workouts at home, PunchLab allows individuals to track their progress and enhance their performance without the need for additional equipment.

Whitecap Resources is an oil-weighted growth company based in Calgary, Alberta, established in 2009. It specializes in acquiring, developing, and managing interests in petroleum and natural gas properties. The company primarily focuses on light oil production from its Canadian assets, utilizing advanced extraction techniques such as horizontal drilling and multistage fracturing to enhance recovery. Whitecap is committed to sustainable long-term growth and shareholder returns, which is reflected in its practice of paying monthly cash dividends to shareholders. Additionally, the company is recognized for its efforts in carbon dioxide storage, further emphasizing its dedication to responsible resource management and environmental sustainability.

Recover Energy Services Inc., based in Calgary, Canada, specializes in the recycling and disposal of oil-contaminated drill cuttings generated from oil-based mud drilling operations. Founded in 2008, the company employs proprietary technology to clean and recycle these waste materials, recovering base oil and significantly reducing carbon dioxide emissions. This eco-friendly approach enables oil and gas companies to manage their waste responsibly while minimizing environmental impact.

Monolith Materials, Inc. is a manufacturer based in Lincoln, Nebraska, with an additional office in San Carlos, California. Founded in 2012, the company specializes in sustainable manufacturing through the innovative process of methane pyrolysis, which allows for the production of low-emission carbon black and hydrogen. This method utilizes natural gas as a feedstock and incorporates renewable electricity, distinguishing Monolith’s approach from traditional combustion processes. In addition to carbon black, the company also produces hydrogen tail-gas, which serves as a co-product for power generation and industrial gas markets. Monolith Materials, formerly known as Boxer Industries, Inc., has positioned itself at the forefront of environmentally conscious manufacturing in the United States.

TimberRock Energy Corp. is an oil and gas exploration and production company headquartered in Calgary, Alberta. Founded in 2004, the company focuses on the exploration of oil and gas resources in the region, leveraging its expertise to identify and develop energy assets. Through its operations, TimberRock Energy aims to contribute to the energy sector while maintaining a commitment to responsible resource management.

TimberRock Energy Solutions, Inc. is a technology-enabled energy infrastructure company based in Frederick, Maryland, established in 2008. It specializes in a range of energy solutions, including microgrids, combined heat and power, fleet electrification, solar photovoltaic systems, and energy storage. The company’s proprietary Distributed Energy Management and Aggregation Platform (DE-MAP) enables the integration and management of distributed energy resources, providing value to commercial and industrial customers, utilities, and government entities. By optimizing energy generation and efficiency, TimberRock facilitates the delivery of clean, renewable energy while enhancing the reliability and performance of the electric grid.

Steelhead LNG Corp. is an energy company based in Vancouver, Canada, specializing in the development of liquefied natural gas (LNG) projects. The company focuses on providing guidance and expertise to natural gas producers in Canada throughout the entire LNG value chain, from project conception to product delivery. Steelhead LNG aims to facilitate smooth operations for its clients, enabling them to access international markets while ensuring competitive pricing for their products. The company is dedicated to creating and delivering value responsibly for the communities, suppliers, and customers involved in its projects.

Karve Energy is an oil exploration and production company based in Calgary, Canada, focused on light oil production. The company is engaged in developing oil rights through agreements that facilitate drilling and production activities. Its operations include drilling new wells, enhancing production from existing wells, and acquiring additional properties with oil and gas potential. By offering fair and straightforward terms, Karve Energy promotes the development of fee simple lands, aiming to generate long-term value for its stakeholders.

Entrada Resources Inc. is an oil and gas company based in Calgary, Canada, focused on developing and acquiring assets within the Western Canadian Sedimentary Basin. Founded in 2016, the company specializes in the Cardium formation at Willesden Green. Entrada employs infill drilling, optimization, and enhanced recovery techniques to maximize the potential of its assets, thereby facilitating growth and optimizing returns for its stakeholders. The company is dedicated to strategically enhancing its position in the energy sector through its targeted approach to asset development.

Connaught Oil & Gas is a calgary-based company that develops and produces petroleum and natural gas. They have fundamental principles that guide their entire activities, which are creativity, integrity, community involvement, and upholding their environmental and safety responsibilities.

M-Flow Technologies Ltd. is a manufacturer based in Abingdon, United Kingdom, specializing in advanced bore meters that deliver accurate, real-time measurements of oil, gas, and water content in flow lines. Established in 2011, the company focuses on multiphase metering and monitoring solutions tailored for the upstream oil and gas industry. Its flagship product, the sure-cut meter, operates effectively in multiphase flows, enhancing phase fraction metering capabilities for various applications, including wellhead, heavy oil, and subsea environments. M-Flow Technologies is committed to providing reliable data without compromising product integrity or flow, positioning itself as a key player in the evolving demands of oil and gas production.

Seven Generations Energy Ltd. is an independent energy company based in Calgary, Canada, engaged in the exploration and development of oil and natural gas properties. Founded in 2001, the company focuses on non-conventional resource plays, particularly in Canada. It holds interests in the Kakwa River project, encompassing approximately 528,000 net acres in northwest Alberta. Utilizing advanced techniques such as long-reach and horizontal drilling, Seven Generations produces natural gas, condensate, and natural gas liquids. The company also owns several gathering lines and processing facilities, which support its operations. A skilled technical and business team drives the company's efforts to identify and optimize high-quality resource plays.

Black Swan Energy Ltd. is an energy exploration company based in Calgary, Alberta, Canada, founded in 2010. The company specializes in the development of unconventional resources, particularly focusing on proven hydrocarbon trends within the Western Canadian Sedimentary Basin. Black Swan employs advanced drilling, completion, and production technologies to enhance the exploration and development of its portfolio, which is centered on liquids-rich natural gas in the Montney and Duvernay formations. The company aims to create value through early-entry positions and emphasizes sustained, repeatable production by actively de-risking its operations.

Magma Global Ltd. is a designer and manufacturer of innovative subsea pipes specifically tailored for subsea exploration and production in challenging environments, including deepwater and high-pressure applications. The company's flagship product, m-pipe®, features advanced carbon fibre and Victrex PEEK composite materials that provide anti-corrosion properties and high fluid flow rates. This technology is utilized in various applications such as flowlines, jumpers, intervention systems, and risers, enabling efficient transfer of hydrocarbons, water, and gas. Founded in 2008 and headquartered in Portsmouth, United Kingdom, Magma Global has expanded its presence with additional offices in the United States, Angola, and Saudi Arabia. The company collaborates strategically with TechnipFMC to further enhance its offerings to the oil and gas industries worldwide.

Corex Resources Ltd. is an oil and natural gas company based in Calgary, Canada, specializing in exploration and production activities in Western Canada. Founded in 2007 and formerly known as Amarone Oil & Gas Ltd., the company focuses on generating shareholder value through the development of drilling opportunities and strategic acquisitions. Corex Resources actively seeks accretive acquisitions and complementary farm-in opportunities to enhance its operations. The company's approach combines internally generated exploration initiatives with development drilling to maximize returns while navigating the competitive landscape of the oil and gas sector.

Osum Oil Sands Corp. is a private energy company based in Calgary, Canada, focused on the extraction of bitumen from oil sands using in-situ recovery technologies. Founded in 2005, Osum primarily operates within the Grosmont carbonates, an emerging oil play recognized for its significant potential. The company is developing a diverse portfolio of high-quality assets at various stages of development, with a total production capability exceeding 500,000 barrels per day. Osum is led by a skilled management team and an experienced Board of Directors, emphasizing community development and environmental performance in its operations. The company is actively involved in exploring and constructing pipeline infrastructure to facilitate the transport of its petroleum products.

Ausra is a manufacturer and developer of utility-scale solar technologies aimed at addressing global electricity demands in an environmentally responsible manner. The company specializes in solar thermal power infrastructure, particularly through its compact linear Fresnel reflector systems, which utilize focused sunlight to boil water and generate high-pressure steam that powers conventional turbine generators. Ausra is also advancing low-cost thermal energy storage systems, enabling the generation of solar electric power on demand, both during daylight and nighttime hours. By providing zero-carbon power plants, Ausra offers a viable alternative to fossil-fuel-based electricity generation, delivering energy at competitive market prices while minimizing emissions associated with traditional fuel combustion.

Ausra is a manufacturer and developer of utility-scale solar technologies aimed at addressing global electricity demands in an environmentally responsible manner. The company specializes in solar thermal power infrastructure, particularly through its compact linear Fresnel reflector systems, which utilize focused sunlight to boil water and generate high-pressure steam that powers conventional turbine generators. Ausra is also advancing low-cost thermal energy storage systems, enabling the generation of solar electric power on demand, both during daylight and nighttime hours. By providing zero-carbon power plants, Ausra offers a viable alternative to fossil-fuel-based electricity generation, delivering energy at competitive market prices while minimizing emissions associated with traditional fuel combustion.