Energy sector
ENERGY · SECTOR · MARKET VIEW
Market view · as of Sep 5, 2026
XOM
$666.99B
+44.1% rev YoY
CVX
$414.53B
+53.5% rev YoY
COP
$163.05B
+35.5% rev YoY
SLB
$85.20B
+5.0% rev YoY
Energy majors are expanding international operations, with Chevron and Schlumberger advancing potential billion-dollar investments in Venezuela while ExxonMobil commits $1.1 billion to a Mozambique LNG project. Among the sector's largest constituents, revenue growth remains robust for Exxon Mobil (44.1%), Chevron (53.5%), and ConocoPhillips (35.5%), which trade at P/E ratios between 18.1 and 20.9. Schlumberger, which is restarting 15 rigs in Venezuela, reports a 5% revenue growth rate and a 28.0 P/E ratio.
Constituents
| Company | Market cap | P/E | Rev growth (YoY) | Op margin |
|---|---|---|---|---|
| XOM | $666.99B | 20.9 | 44.1% | 15.9% |
| CVX | $414.53B | 20.32 | 53.5% | 21.9% |
| COP | $163.05B | 18.14 | 35.5% | 31.5% |
| SLB | $85.20B | 28.0 | 5.0% | 12.7% |
Recent news
- Somewhat-Bullish Chevron and Halliburton Near Billion-Dollar Venezuela Oil Deals · 2026-08-31
- Neutral Chevron and Halliburton are nearing billion-dollar deals to invest in Venezuelan oil · 2026-08-29
- Somewhat-Bullish CVX, HAL Stocks Gain — Chevron, Halliburton Reportedly Eye Venezuela Oil Opportunities · 2026-08-28
- 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
- Somewhat-Bullish CVX Stock Rises Overnight: Chevron Says It Has Discovered Oil, Gas Condensate Offshore In Angola · 2026-08-18
Sources this view read
- fundamentals Energy constituent fundamentals (Alpha Vantage)