Energy sector

ENERGY · SECTOR · MARKET VIEW

Market view · as of Sep 4, 2026

XOM
$674.97B
+44.1% rev YoY
CVX
$415.43B
+53.5% rev YoY
COP
$164.82B
+35.5% rev YoY
SLB
$86.27B
+5.0% rev YoY

Energy majors are expanding international operations, with Chevron and Schlumberger pursuing oil opportunities in Venezuela, while ExxonMobil has committed $1.1 billion to its Mozambique LNG project and Chevron reported a new discovery in Angola. The sector is led by Exxon Mobil (market cap $674.97 billion) and Chevron (market cap $415.43 billion), which posted year-over-year revenue growth of 44.1% and 53.5% respectively. ConocoPhillips and Schlumberger complete the group with market capitalizations of $164.82 billion and $86.27 billion, with ConocoPhillips maintaining a 31.5% margin.

Constituents

CompanyMarket capP/ERev growth (YoY)Op margin
XOM$674.97B21.1844.1%15.9%
CVX$415.43B20.3253.5%21.9%
COP$164.82B18.0335.5%31.5%
SLB$86.27B27.815.0%12.7%

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Sources this view read

  • fundamentals Energy constituent fundamentals (Alpha Vantage)

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