Best UK energy shares 2023: Challenger Energy, Diversified, Valeura, Touchstone Exploration, Serinus

DEC

DirectorsTalk brings the latest and exclusive news, CEO insights, broker comments and trading data on a number of UK listed Energy stocks. They are particularly worth a closer look as best buys as they sit on considerable discounted valuations versus broker estimates. 

Challenger Energy Group in a great position, country and with large upside (VIDEO)
Touchstone Exploration a transformational moment at Cascadura (VIDEO)

The UK boasts a diverse energy mix, encompassing sources like oil, gas, nuclear, wind, solar, and bioenergy. This diversity is further enhanced by the nation’s ambitious drive towards a sustainable future, with targets set to achieve net-zero carbon emissions by 2050. This commitment has led to a surge in renewable energy investments, especially in sectors where the UK holds a global lead, bolstering this transition is the regulatory support from the UK government, which offers various incentives and subsidies for green energy projects. Additionally, the UK’s emphasis on research & development in the energy domain, backed by its leading universities and institutions, presents opportunities for investments in innovative energy solutions and technologies.

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Valeura Energy advances Thailand projects with production growth and strong cash position

Valeura Energy averaged 22,100 barrels of oil per day in the third quarter of 2026 and ended September with US$384.9 million in cash and no debt. Offshore installation at Wassana has started ahead of schedule, while new oil and gas developments offer further opportunities across its Thai portfolio.

Diversified Energy strengthens environmental credentials with methane reporting recognition

Diversified Energy Company has received Virginia’s 2025 Environmental Stewardship Award and retained OGMP 2.0 Gold Standard reporting status for methane emissions, highlighting its continued focus on emissions measurement, leak detection and operational management.

Touchstone Exploration targets growth across Trinidad portfolio

Touchstone Exploration operates natural gas and crude oil assets in Trinidad, with established production, development projects and 137,312 net acres of exploration acreage.

Diversified Energy expands Permian production and earnings potential with $1.8bn Birch acquisition

Diversified Energy's $1.8bn Birch Resources acquisition is expected to increase Permian production to 77,000 barrels of oil equivalent per day and adjusted EBITDA from the assets to $612m, with greater scale creating opportunities for operating efficiencies.

Valeura Energy advances Thailand oil discovery and gas development

Valeura Energy advances the Suraphi oil discovery near Manora and approves Phase 1 of the Bussabong gas project, adding oil and gas development opportunities to its Gulf of Thailand portfolio.

Touchstone Exploration reports stronger second quarter

Touchstone Exploration produces oil and natural gas in Trinidad and is focused on growing production through existing infrastructure, development drilling and exploration.

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