Energy sector

Energy firms are expanding operational footprints, with Exxon Mobil committing $1.1 billion to a Mozambique LNG project, Chevron reporting an offshore discovery in Angola, and Schlumberger restarting 15 rigs in Venezuela alongside a new contract in Norway. Among major constituents, market capitalizations range from Schlumberger’s $81.64 billion to Exxon Mobil’s $643.27 billion, with trailing P/E ratios spanning 17.46 at ConocoPhillips to 26.83 at Schlumberger. Revenue growth remains positive across the group, led by Chevron at 53.5%, while margins vary significantly, peaking at 31.5% for ConocoPhillips compared to 12.7% for Schlumberger.