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Stockhead is introducing regular wraps of news from the hottest ASX small cap themes.

Recently we’ve added columns on infant formula exporterscannabis stocks, battery metalshealth and tech stocks.

Today we’re adding a fortnightly look at the ASX’s small cap energy stocks — including oil, gas and renewables.

There are around 140 energy stocks listed on the ASX — though here we’re only looking at those up to $400 million market cap. So you won’t find the likes of Santos or AGL below.

>> Scroll down for a list of 105 small cap energy stocks and their performance over the past year 

Oil is up again

The European Brent oil price has recovered strongly over the past month (see graph below) and is now flirting with $US80 again — while the system of international supply is looking fragile.

US sanctions on Iran and its oil exports are set to start in November after it withdrew from a nuclear deal forged in 2015. With Venezuela’s production rapidly declining, the International Energy Agency (EIA) said last week the market was looking pretty tight.

China is Iran’s number one importer and they’re refusing to stop buying from the pariah state.

But there’s less fear of a Donald Trump Twitter frenzy demanding Saudi Arabia lift production and drop prices this time because, perversely, US producers can’t get their oil out.

The European Brent benchmark oil price has risen strongly over the past month
The European Brent benchmark oil price has risen strongly over the past month

The US West Texas benchmark price hasn’t moved much since July.

The EIA reckons they’re likely now the world’s largest crude producer but the ensuing soft prices and bottlenecks in infrastructure, labour and equipment at the country’s oil centre, the Permian basin in Texas, are beginning to slow the rush.

ASX oil producers are happily riding the higher price waves.

Pancontinental (ASX:PCL) is talking up its “1 billion barrels” of oil that might be under the Namibian sea and Global Petroleum (ASX:GBP) is buying the story, taking a licence only 40km away.

Investors aren’t yet convinced though, with both stocks down over the last two weeks.

In the US, Byron (ASX:BYE) reckons they’re now the number 12 oil and gas producer in the Gulf of Mexico — and they’re up 27 per cent over the last two weeks.

Gas

A federal Labor plan to cement to make permanent powers to divert pre-sold export gas into the domestic market is causing Japanese buyers to freak out and throw around the term “sovereign risk”.

But Australia is one of the only countries in the region that doesn’t have standing local-first supply rules, even as serious shortages on the East Coast are picked to start again in the early 2020s.

Tim Treadgold is picking Armour Energy (ASX:AJQ) as an interesting entry point to the hot East Coast gas market, while Vintage Energy (ASX:VEN) is one of the newest, landing on the ASX on Monday.

Helios (ASX:HE8) shares surged 47 per cent over the last two weeks — but told the ASX they have no idea why.

Gas shipper Global Energy Ventures (ASX:GEV) bounced 33 per cent because it has signed a deal to talk about shipping compressed natural gas to India.

The loose deal so far says GEV is responsible for sourcing the gas from the Middle East and the price will be tied to the Brent oil price.

And it was curtains for Sino Gas and Energy (ASX:SEH) yesterday, which delisted after being bought by American raider Lone Star Fund X Acquisitions.

Renewables

South Australia yet another step closer to 100 per cent — renewables that is.

Three times over the last seven days rooftop and large scale solar combined have been the number one energy producer over midday, according to Reneweconomy.

The energy market operator says it will likely be able to power itself off solar, wind and battery power alone by 2025.

They were followed by Victoria finally announcing the six winners of its state renewable energy target: Tilt Renewables (ASX:TLT) was one of them.

They used the news and an independent expert report to beat bidders Infratil (ASX:IFT) and Mercury NZ (ASX:MCY) around the head for a higher price, saying it’s worth heaps more than the $2.30 on offer.

Windlab was the biggest mover over the last two weeks, rising 11 per cent to $1.47.

ASX renewables are split between utilities like Tilt, off-grid players like Tag Pacific (ASX:TAG) and hyper-futuristic tech companies like wave power proponent Carnegie Clean Energy (ASX:CCE).

Here’s a table of 105 small cap energy stocks and their performance over the past year 

Swipe or scroll to reveal full table. Click headings to sort

ASX codeCompanyTwo-week price changeOne-year price changePrice Sep 19 (intraday)Market CapIndustry sector
HE8HELIOS ENERGY0.4782608695653.857142857140.17219.4MOil & Gas Exploration & Production
E2EEON NRG0.4-0.4615384615380.0072.4MOil & Gas Exploration & Production
GEVGLOBAL ENERGY VE0.3333333333330.1764705882350.268.5MOil & Gas Storage & Transportation
GGXGAS2GRID0.3333333333330.3333333333330.0044.5MOil & Gas Exploration & Production
SURSUN RESOURCES NL0.33333333333300.0042.6MOil & Gas Exploration & Production
BYEBYRON ENERGY0.2727272727272.888888888890.35191.8MOil & Gas Exploration & Production
EEGEMPIRE ENERGY GR0.251.777777777780.02536.4MOil & Gas Exploration & Production
BRKBROOKSIDE ENERGY0.250.3636363636360.01514.9MOil & Gas Exploration & Production
MAYMELBANA ENERGY L0.2352941176471.10.02135.3MOil & Gas Exploration & Production
EWCENERGY WORLD COR0.233333333333-0.5131578947370.185332.2MIndependent Power Producers & Energy Traders
GRVGREENVALE ENERGY0.2333333333330.2333333333330.0373.5MOil & Gas Exploration & Production
OXXOCTANEX0.2-0.8363636363640.0184.9MOil & Gas Exploration & Production
RMPRED EMPEROR RESO0.1698113207552.263157894740.06225.1MOil & Gas Exploration & Production
MELMETGASCO0.1454545454550.3695652173910.06325.0MOil & Gas Exploration & Production
AJQARMOUR ENERGY0.1224489795920.4285714285710.1153.4MOil & Gas Exploration & Production
WNDWINDLAB0.113636363636-0.1764705882351.4793.3MRenewable Electricity
UILUIL ENERGY0.1025641025640.5925925925930.0438.7MOil & Gas Exploration & Production
HPRHIGH PEAK ROYALT0.0930232558140.3428571428570.0477.7MOil & Gas Exploration & Production
CELCHALLENGER ENERGY (suspended)0.0909090909091-0.520.0124.3MOil & Gas Exploration & Production
EXRELIXIR PETROLEUM0.08333333333330.5116279069770.06514.0MOil & Gas Exploration & Production
RLEREAL ENERGY CORP0.0657894736842-0.138297872340.08122.9MOil & Gas Exploration & Production
ETEENTEK ENERGY0.0625-0.1904761904760.0175.2MOil & Gas Exploration & Production
TEGTRIANGLE ENERGY0.0588235294118-0.5813953488370.0919.2MOil & Gas Exploration & Production
TNPTRIPLE ENERGY0.0454545454545-0.8413793103450.023993.5kOil & Gas Exploration & Production
HZNHORIZON OIL0.04166666666671.155172413790.125169.3MOil & Gas Exploration & Production
GLLGALILEE ENERGY L0.02816901408455.697247706420.73144.8MOil & Gas Exploration & Production
ELKELK PETROLEUM0.0270270270270.1515151515150.076123.0MOil & Gas Exploration & Production
PTRPETRATHERM0.0250.0250.0416.8MRenewable Electricity
BSPBLACK STAR PETRO020.0031.9MOil & Gas Exploration & Production
CNXCARBON ENERGY0-0.5666666666670.0915.9MOil & Gas Exploration & Production
CRMCARBON MINERALS00.0476190476190.112.1MOil & Gas Exploration & Production
CUECUE ENERGY RES00.04918032786890.06444.7MOil & Gas Exploration & Production
EMPEMPEROR ENERGY L00.3333333333330.0042.7MOil & Gas Exploration & Production
ENXENEGEX0-0.50.012966.0kOil & Gas Exploration & Production
FPLFREMONT PETROLEU0-0.6315789473680.0076.5MOil & Gas Exploration & Production
FZRFITZROY RIVER CO00.1111111111110.217.7MOil & Gas Exploration & Production
GPPGREENPOWER ENERG0-0.7777777777780.0046.5MOil & Gas Exploration & Production
ICNICON ENERGY0-0.1363636363640.01911.4MOil & Gas Exploration & Production
LKOLAKES OIL NL010.00260.3MOil & Gas Exploration & Production
MMRMEC RESOURCES0-0.520.0125.5MOil & Gas Exploration & Production
NGYNUENERGY GAS0-0.02631578947370.03754.8MOil & Gas Exploration & Production
NSENEW STANDARD ENE00.3333333333330.0043.2MOil & Gas Exploration & Production
NWENORWEST ENERGY0-0.50.0038.5MOil & Gas Exploration & Production
OEXOILEX0-0.40.0036.5MOil & Gas Exploration & Production
PGSPLANET GAS0-0.4285714285710.0042.2MOil & Gas Exploration & Production
PRLPETREL ENERGY0-0.8461538461540.0024.8MOil & Gas Exploration & Production
RRSRANGE RESOURCES0-0.6666666666670.00212.8MOil & Gas Exploration & Production
TMKTAMASKA OIL & GA000.0023.9MOil & Gas Exploration & Production
WBEWHITEBARK ENERGY0-0.750.0034.7MOil & Gas Exploration & Production
WELWINCHESTER ENERG0-0.7183098591550.025.7MOil & Gas Exploration & Production
WOFWOLF PETROLEUM (suspended)0-0.4210526315790.0117.9MOil & Gas Exploration & Production
KARKAROON GAS AUSTR-0.00174672489083-0.02307692307691.143282.6MOil & Gas Exploration & Production
ZENZENITH ENERGY-0.005681818181820.4705882352940.87582.8MIndependent Power Producers & Energy Traders
PSAPETSEC ENERGY-0.01428571428570.3939393939390.13845.0MOil & Gas Exploration & Production
FDMFREEDOM OIL AND-0.02631578947370.850.185193.7MOil & Gas Exploration & Production
TAPTAP OIL-0.0329670329670.6603773584910.08837.5MOil & Gas Exploration & Production
PEAPACIFIC ENERGY-0.0353982300885-0.0455341506130.545238.1MIndependent Power Producers & Energy Traders
RAWRAWSON OIL AND G-0.037037037037-0.2571428571430.0262.9MOil & Gas Exploration & Production
STXSTRIKE ENERGY-0.03846153846150.4204545454550.125140.4MOil & Gas Exploration & Production
COICOMET RIDGE-0.04054054054051.448275862070.355240.2MOil & Gas Exploration & Production
OELOTTO ENERGY-0.04166666666671.156250.069127.2MOil & Gas Exploration & Production
88E88 ENERGY-0.0454545454545-0.343750.021111.4MOil & Gas Exploration & Production
NGENGE CAPITAL-0.04545454545450.3404255319150.6324.1MOil & Gas Exploration & Production
GBPGLOBAL PETROLEUM-0.047619047619-0.1304347826090.048.1MOil & Gas Exploration & Production
GNXGENEX POWER-0.05263157894740.2272727272730.2782.1MRenewable Electricity
LIOLION ENERGY-0.0540540540541-0.1250.0355.0MOil & Gas Exploration & Production
KPOKALINA POWER-0.0588235294118-0.4666666666670.03214.2MRenewable Electricity
PVEPO VALLEY ENERGY-0.0638297872341.20.04426.1MOil & Gas Exploration & Production
INKINDAGO ENERGY-0.0697674418605-0.1919191919190.0819.0MOil & Gas Exploration & Production
BRUBURU ENERGY-0.07547169811320.256410256410.245108.0MOil & Gas Exploration & Production
PKOPEAKO-0.0769230769231-0.07692307692310.012864.2kOil & Gas Exploration & Production
TDO3D OIL-0.07692307692311.352941176470.1231.2MOil & Gas Exploration & Production
TOUTLOU ENERGY-0.0769230769231-0.1366906474820.1249.1MOil & Gas Exploration & Production
KPLKINA PETROLEUM L-0.0813953488372-0.1684210526320.07930.2MOil & Gas Exploration & Production
AOWAMERICAN PATRIOT-0.0869565217391-0.2758620689660.02110.1MOil & Gas Exploration & Production
PGYPILOT ENERGY-0.0869565217391-0.6181818181820.0211.3MOil & Gas Exploration & Production
RNERENU ENERGY-0.0909090909091-0.4117647058820.018.7MRenewable Electricity
ODYODYSSEY ENERGY-0.1-0.1692307692310.05417.7MOil & Gas Exploration & Production
CE1CALIMA ENERGY-0.112903225806-0.01785714285710.05567.0MOil & Gas Exploration & Production
JPRJUPITER ENERGY L-0.113636363636-0.6454545454550.0396.0MOil & Gas Exploration & Production
CTPCENTRAL PETROL-0.120.10.1181.3MOil & Gas Exploration & Production
ENBENEABBA GAS-0.125-0.2222222222220.0073.7MIndependent Power Producers & Energy Traders
GASSTATE GAS (listed Oct 2017)-0.128205128205-0.150.1722.9MOil & Gas Exploration & Production
IVZINVICTUS ENERGY-0.1379310344830.7241379310340.0518.3MOil & Gas Exploration & Production
BKPBARAKA ENERGY AN-0.14285714285750.00613.5MOil & Gas Exploration & Production
ADXADX ENERGY-0.153846153846-0.2142857142860.01112.5MOil & Gas Exploration & Production
BNLBIG STAR ENERGY-0.15384615384600.0113.6MOil & Gas Exploration & Production
LNGLIQUEFIED NATURA-0.1543624161070.40.63339.7MOil & Gas Storage & Transportation
AVDANTILLES OIL AND-0.1666666666670.3636363636360.034.9MOil & Gas Exploration & Production
BUYBOUNTY OIL & GAS-0.166666666667-0.1666666666670.0054.8MOil & Gas Exploration & Production
SPBSOUTH PACIFIC RE-0.166666666667-0.8648648648650.005827.6kOil & Gas Exploration & Production
BULBLUE ENERGY-0.193181818182-0.4083333333330.07185.8MOil & Gas Exploration & Production
KEYKEY PETROLEUM-0.200.00810.8MOil & Gas Exploration & Production
PCLPANCONTINENTAL-0.210.00836.8MOil & Gas Exploration & Production
TAGTAG PACIFIC-0.20.3953488372090.067.5MMulti-Sector Holdings
XSTXSTATE RESOURCES-0.2-0.6363636363640.0043.1MOil & Gas Exploration & Production
BASBASS OIL-0.2500.0037.8MOil & Gas Exploration & Production
GGEGRAND GULF ENERG-0.25-0.250.0033.1MOil & Gas Exploration & Production
JKAJACKA RESOURCES-0.2500.0032.3MOil & Gas Exploration & Production
ROGRED SKY ENERGY L-0.25-0.40.0032.5MOil & Gas Exploration & Production
TPDTALON PETROLEUM-0.25-0.250.0033.1MOil & Gas Exploration & Production
SGCSACGASCO-0.263157894737-0.7760.0287.0MOil & Gas Exploration & Production
IPBIPB PETROLEUM LI-0.3118279569895.40.06413.2MOil & Gas Exploration & Production
CCECARNEGIE CLEAN E-0.333333333333-0.7272727272730.01234.6MIndependent Power Producers & Energy Traders
VPRVOLT POWER GROUP-0.333333333333-0.3333333333330.00216.5MIndependent Power Producers & Energy Traders
ABLABILENE OIL AND-0.6-0.7142857142860.0021.6MOil & Gas Exploration & Production