Energy sector
ENERGY · SECTOR · MARKET VIEW
Market view · as of Aug 31, 2026
XOM
$644.38B
+44.1% rev YoY
CVX
$395.97B
+53.5% rev YoY
COP
$156.59B
+35.5% rev YoY
SLB
$85.09B
+5.0% rev YoY
Energy majors are expanding operational footprints, with ExxonMobil committing $1.1 billion to its Mozambique LNG project, Chevron reporting an offshore discovery in Angola, and Schlumberger securing new contracts in Venezuela and Norway. The sector is led by Exxon Mobil and Chevron, which command market capitalizations of $644.38 billion and $395.97 billion, respectively, and posted year-over-year revenue growth of 44.1% and 53.5%. ConocoPhillips and Schlumberger round out the group with market caps of $156.59 billion and $85.09 billion, while ConocoPhillips maintains the highest margin among the four at 31.5% compared to Schlumberger's 12.7%.
Constituents
| Company | Market cap | P/E | Rev growth (YoY) | Op margin |
|---|---|---|---|---|
| XOM | $644.38B | 20.12 | 44.1% | 15.9% |
| CVX | $395.97B | 19.22 | 53.5% | 21.9% |
| COP | $156.59B | 17.13 | 35.5% | 31.5% |
| SLB | $85.09B | 27.97 | 5.0% | 12.7% |
Recent news
- Neutral SLB Prepares to Restart 15 Oil Rigs in Venezuela · 2026-08-19
- Somewhat-Bullish ExxonMobil commits $1.1 billion before final approval of its $30 billion Mozambique LNG project · 2026-08-18
- Somewhat-Bullish CVX Stock Rises Overnight: Chevron Says It Has Discovered Oil, Gas Condensate Offshore In Angola · 2026-08-18
- Somewhat-Bullish 3 Energy Stocks Tied To Oil Prices And Long Term Contracts · 2026-08-11
- Somewhat-Bullish Vessel upgrade on the agenda: SLB, Equinor strike multi-year deal to unlock Norway's tight offshore reservoirs · 2026-08-07
- Somewhat-Bullish Jefferies Sticks to Their Buy Rating for Halliburton (HAL) · 2026-07-28
Sources this view read
- fundamentals Energy constituent fundamentals (Alpha Vantage)