Energy sector

Energy majors continue to post strong fundamentals, with Chevron leading the group on revenue growth at 53.5% year over year and a 21.9% margin, followed by Exxon Mobil at 44.1% growth and a 15.9% margin, while ConocoPhillips carries the highest margin at 31.5% and the lowest PE at 17.76. SLB lags on growth at just 5.0% year over year with a 12.7% margin, though it trades at the group's richest multiple at 23.65 times earnings. On the news front, SLB won a digital drilling contract from TotalEnergies, and Chevron is reportedly nearing billion-dollar investment deals in Venezuelan oil alongside Halliburton, with Iraq also in talks with TotalEnergies and ConocoPhillips on oil and gas projects. Sentiment is tempered somewhat by commentary from Cohen and Steers' Tyler Rosenlicht that the oil market is in dire straits.