Energy sector

ENERGY · SECTOR · MARKET VIEW

Market view · as of Jul 20, 2026

XOM
$610.80B
+2.6% rev YoY
CVX
$373.19B
+2.3% rev YoY
COP
$139.75B
-5.3% rev YoY
SLB
$70.25B
+2.7% rev YoY

The energy sector shows mixed performance, with SLB shares trending lower while industry participants like WTI and TETRA Technologies pursue offshore growth and product expansion. Among major constituents, ConocoPhillips (COP) posted a 22.1% margin despite a 5.3% year-over-year revenue decline, contrasting with revenue growth of 2.6% at Exxon Mobil (XOM) and 2.7% at Schlumberger (SLB). Market capitalizations remain concentrated in the majors, with Exxon Mobil at $610.8 billion and Chevron (CVX) at $373.2 billion, trading at P/E ratios of 24.81 and 32.7, respectively.

Constituents

CompanyMarket capP/ERev growth (YoY)Op margin
XOM$610.80B24.812.6%6.4%
CVX$373.19B32.72.3%7.3%
COP$139.75B19.44-5.3%22.1%
SLB$70.25B20.72.7%12.3%

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Sources this view read

  • fundamentals Energy constituent fundamentals (Alpha Vantage)

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