Energy sector
ENERGY · SECTOR · MARKET VIEW
Market view · as of Oct 11, 2026
XOM
$694.67B
+44.1% rev YoY
CVX
$415.82B
+53.5% rev YoY
COP
$161.10B
+35.5% rev YoY
SLB
$72.65B
+5.0% rev YoY
The Energy sector is dominated by Exxon Mobil ($694.7B market cap) and Chevron ($415.8B), with ConocoPhillips ($161.1B) and Schlumberger ($72.6B) trailing. Valuations cluster in a tight range, with P/E ratios from 17.76 at ConocoPhillips to 23.65 at Schlumberger, while revenue growth is strongest at Chevron (53.5% YoY) and weakest at Schlumberger (5%). Margins vary widely, from 12.7% at Schlumberger to 31.5% at ConocoPhillips. Headlines skew modestly positive, with Chevron and Schlumberger each tied to billion-dollar-scale Venezuela oil opportunities and a new SLB digital drilling contract from TotalEnergies, offset by one cautious view that the oil market is "in dire straits."
Constituents
| Company | Market cap | P/E | Rev growth (YoY) | Op margin |
|---|---|---|---|---|
| XOM | $694.67B | 21.74 | 44.1% | 15.9% |
| CVX | $415.82B | 20.4 | 53.5% | 21.9% |
| COP | $161.10B | 17.76 | 35.5% | 31.5% |
| SLB | $72.65B | 23.65 | 5.0% | 12.7% |
Recent news
- Bullish SLB Awarded Digital Drilling Contract by TotalEnergies · 2026-10-09
- Somewhat-Bearish Oil market is in dire straits, says Cohen and Steers' Tyler Rosenlicht · 2026-09-15
- Somewhat-Bullish 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 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
Sources this view read
- fundamentals Energy constituent fundamentals (Alpha Vantage)