Energy sector
ENERGY · SECTOR · MARKET VIEW
Market view · as of Aug 8, 2026
XOM
$638.16B
+44.1% rev YoY
CVX
$371.27B
+52.6% rev YoY
COP
$142.25B
-5.3% rev YoY
SLB
$76.49B
+5.0% rev YoY
Offshore development remains a key focus for the energy sector, evidenced by Schlumberger’s new multi-year agreement with Equinor and WTI’s announced growth plans. Major constituents show divergent growth, with Chevron and Exxon Mobil posting year-over-year revenue increases of 52.6% and 44.1% respectively, while ConocoPhillips recorded a 5.3% revenue decline. Profit margins across these firms range from 12.7% at Schlumberger to 22.1% at ConocoPhillips, with market capitalizations varying from $76.49 billion to $638.16 billion.
Constituents
| Company | Market cap | P/E | Rev growth (YoY) | Op margin |
|---|---|---|---|---|
| XOM | $638.16B | 25.51 | 44.1% | 15.9% |
| CVX | $371.27B | 17.95 | 52.6% | 22.0% |
| COP | $142.25B | 19.49 | -5.3% | 22.1% |
| SLB | $76.49B | 25.14 | 5.0% | 12.7% |
Recent news
- Somewhat-Bullish Vessel upgrade on the agenda: SLB, Equinor strike multi-year deal to unlock Norway's tight offshore reservoirs · 2026-08-07
- Neutral Jefferies Sticks to Their Buy Rating for Halliburton (HAL) · 2026-07-28
- Neutral VAL|Valaris Ltd|Price:79.530|Chg%:+0.385 · 2026-07-25
- Neutral MXC|Mexco Energy Corp|Price:9.300|Chg%:-0.020 · 2026-07-23
- Somewhat-Bullish Conocophillips (COP) Receives a Buy from Evercore ISI · 2026-07-08
- Somewhat-Bullish WTI outlines offshore growth plans amid sector volatility · 2026-07-06
Sources this view read
- fundamentals Energy constituent fundamentals (Alpha Vantage)