Energy security is back on the front page, and markets are reacting in real time as supply routes face new risks and regulators roll out fresh rules for transparency and stability. For investors, this mix of disruption and reform can quietly reshape which companies matter most. This article walks through three stocks from our Global Energy Security and Infrastructure Services screener that appear positively exposed to these shifts and explains why each deserves a closer look.

The three stocks discussed below are just a starting sample. The full Global Energy Security and Infrastructure Services screen surfaces 18 more companies that carry similarly compelling infrastructure and dividend stories that are not covered here. If you want to identify higher conviction ideas quickly, head straight into the Global Energy Security and Infrastructure Services screener.

SECURE Waste Infrastructure (TSX:SES)

SECURE Waste Infrastructure connects directly to the Global Energy Security and Infrastructure Services theme by pairing energy terminals, storage and pipelines with waste handling that keeps oil and gas operations compliant and running. The bulk of its CA$1.5b revenue comes from Waste Management at about CA$1.3b, with Energy Infrastructure contributing roughly CA$235 million. The company is a mid cap with a market value of around CA$5.2b.

Investors looking at energy security often focus on pipelines and terminals and overlook the waste systems that keep those assets operating within tighter environmental rules. SECURE Waste Infrastructure sits at that junction, with long term customer contracts, recurring infrastructure style cash flows and a recent CA$5.4b sale agreement with GFL Environmental drawing fresh attention to its asset base and dividend profile. Heavy exposure to oil and gas and meaningful debt levels introduce real risk if activity or regulation moves against it, but recent earnings, growth capex and board support for the GFL deal suggest there is more to the story than a simple commodity play.

SECURE Waste Infrastructure’s mix of infrastructure style cash flows and that CA$5.4b GFL deal could be masking a much bigger story about cash generation, leverage and payouts. Get the full picture in the SECURE Waste Infrastructure financial health report

Build your own infrastructure cash flow shortlist

SECURE Waste Infrastructure and the two other stocks in this list all surfaced from a single screen, but the real edge comes when you design your own filters. Use our flexible Screener to mix valuation, balance sheet, risk and dividend metrics to suit your approach, or shortcut your research with any of our curated Investing Ideas.

Rattler Midstream (RTLR)

Rattler Midstream is tightly linked to the Global Energy Security and Infrastructure Services theme because it owns and operates crude oil and water gathering pipelines across the Permian Basin, one of the key producing regions for US supply. Its network of more than 800 miles of pipelines helps move production and manage water for Diamondback Energy’s core acreage, which ties it directly to the physical infrastructure that keeps output flowing. Rattler Midstream has a market cap of about US$2.2b, putting it in the large, liquid midstream bracket that many income focused investors may consider.

Rattler Midstream provides exposure to physical pipelines in a major US shale basin, which can be relevant when geopolitical risks affect global supply routes and regulators focus on more transparent, resilient infrastructure. Some analysts point to forecasts of strong earnings growth and a high dividend yield as indicators of income potential, while a market price that screens below certain estimates of fair value is interpreted by some as a sign that investors may not be fully recognizing the quality of its asset base. The trade off is a high debt load and dividends that are not well covered by earnings, which could require difficult capital allocation decisions if conditions tighten, so the headline yield is only part of the overall picture.

Rattler Midstream’s high yield story and talk of strong earnings growth can look compelling, yet the real tension sits between its payouts, leverage and asset quality. Get the full 2 key rewards and 2 important warning signs (1 is major!)

Friedrich Vorwerk Group (XTRA:VH2)

Friedrich Vorwerk Group is closely tied to the Global Energy Security and Infrastructure Services theme because it designs and builds the gas pipelines, underground power cables and hydrogen networks that keep European energy flowing. Most of its roughly €710 million revenue comes from electricity infrastructure at about €369 million, followed by natural gas at around €190 million, with smaller but growing contributions from adjacent opportunities at €124 million and clean hydrogen at €27 million. The company is a mid cap with a market value of about €1.4b.

Investors who care about real world energy security may want Friedrich Vorwerk Group on their radar because it is winning work across exactly the gas, power grid and hydrogen projects governments are prioritising in response to today’s geopolitical risks. Recent contracts on hydrogen pipelines and international gas projects point to a role in critical midstream infrastructure. Strong profitability metrics and an order book tied to long term grid upgrades indicate potential for resilient cash generation. The flip side is meaningful reliance on external borrowing and ongoing execution risk on large, complex projects, so the story rewards close attention rather than blind enthusiasm.

Friedrich Vorwerk Group’s order book across gas, power and hydrogen projects hints at a bigger growth story that many investors may be underestimating. See how the analyst forecasts for Friedrich Vorwerk Group fits with its leverage and project risk profile before the next contracts reshape the picture.

Seeking Fresh Alternatives With Real Potential

New ideas move first. By the time momentum is obvious, the cleaner entry points can be gone. Scan these fresh stock pools while they are still under the radar for now and consider acting early.

• Look for resilient income plays before yields are affected by later arrivals by scanning our curated 4 dividend fortresses, which focuses on dependable cash flows and robust balance sheets.
• Track the companies building tomorrow’s computing backbone with the hand picked 24 quantum computing stocks and seek businesses positioned around real world use cases instead of hype that is already fading.
• Explore future-facing infrastructure suppliers with momentum on their side using the focused 37 robotics and automation stocks and narrow in on automation leaders while expectations remain reasonable.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.