Energy sector

Energy majors are expanding international operations, with ExxonMobil committing $1.1 billion to its Mozambique LNG project and Schlumberger restarting 15 rigs in Venezuela alongside a new offshore deal in Norway, while Chevron reported a fresh oil and gas discovery in Angola. Across these major constituents, market capitalizations range from Schlumberger’s $79.5 billion to ExxonMobil’s $677.5 billion, with price-to-earnings ratios spanning from ConocoPhillips at 17.16 to Schlumberger at 26.0. Profitability and growth metrics vary, with ConocoPhillips reporting a 31.5% margin and Chevron posting 53.5% year-over-year revenue growth, compared to Schlumberger’s 5% revenue growth.