Energy sector

Energy sector activity is characterized by recent operational developments, including Chevron’s offshore discovery in Angola, ExxonMobil’s $1.1 billion commitment to the Mozambique LNG project, and new rig contracts for Schlumberger in Venezuela and Norway. Market capitalizations for these constituents range from $79.48 billion for Schlumberger to $683.19 billion for Exxon Mobil, with P/E ratios spanning from 17.27 at ConocoPhillips to 26.12 at Schlumberger. Year-over-year revenue growth is positive across the group, led by Chevron at 53.5%, while profit margins range from 12.7% at Schlumberger to 31.5% at ConocoPhillips.