Energy sector
ENERGY · SECTOR · MARKET VIEW
Market view · as of Sep 2, 2026
XOM
$661.81B
+44.1% rev YoY
CVX
$404.36B
+53.5% rev YoY
COP
$159.17B
+35.5% rev YoY
SLB
$89.20B
+5.0% rev YoY
Major energy firms are expanding international operations, with Chevron and Schlumberger pursuing deals in Venezuela, Chevron reporting an offshore discovery in Angola, and ExxonMobil committing $1.1 billion to a Mozambique LNG project. Financials across the sector show market capitalizations ranging from ExxonMobil’s $661.8 billion to Schlumberger’s $89.2 billion, with ConocoPhillips reporting the highest profit margin at 31.5%. Valuation multiples remain varied, with Schlumberger trading at a 29.32 P/E ratio while the major producers range between 17.53 and 20.17.
Constituents
| Company | Market cap | P/E | Rev growth (YoY) | Op margin |
|---|---|---|---|---|
| XOM | $661.81B | 20.17 | 44.1% | 15.9% |
| CVX | $404.36B | 19.41 | 53.5% | 21.9% |
| COP | $159.17B | 17.53 | 35.5% | 31.5% |
| SLB | $89.20B | 29.32 | 5.0% | 12.7% |
Recent news
- Neutral Chevron and Halliburton Near Billion-Dollar Venezuela Oil Deals · 2026-08-31
- Somewhat-Bullish Chevron and Halliburton are nearing billion-dollar deals to invest in Venezuelan oil · 2026-08-29
- Somewhat-Bullish 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
- Neutral 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
Sources this view read
- fundamentals Energy constituent fundamentals (Alpha Vantage)