Energy sector

ENERGY · SECTOR · MARKET VIEW

Market view · as of Sep 6, 2026

XOM
$655.73B
+44.1% rev YoY
CVX
$409.19B
+53.5% rev YoY
COP
$161.29B
+35.5% rev YoY
SLB
$85.35B
+5.0% rev YoY

Energy sector activity is focused on international expansion, highlighted by Chevron’s pursuit of Venezuelan deals and an Angolan discovery, ExxonMobil’s $1.1 billion commitment to a Mozambique LNG project, and SLB’s restart of Venezuelan rigs. Chevron leads the group in year-over-year revenue growth at 53.5% with a 21.9% margin, while ExxonMobil reports 44.1% revenue growth and a 15.9% margin. ConocoPhillips maintains a 31.5% margin on a $161.3 billion market capitalization, contrasting with Schlumberger, which trades at a 28.05 price-to-earnings ratio with 5% revenue growth.

Constituents

CompanyMarket capP/ERev growth (YoY)Op margin
XOM$655.73B20.5244.1%15.9%
CVX$409.19B20.3353.5%21.9%
COP$161.29B17.9535.5%31.5%
SLB$85.35B28.055.0%12.7%

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Sources this view read

  • fundamentals Energy constituent fundamentals (Alpha Vantage)

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