Energy sector
ENERGY · SECTOR · MARKET VIEW
Market view · as of Oct 14, 2026
Energy sector snapshot: Chevron leads the large-cap group on revenue growth at 53.5% YoY with a 21.9% margin, while ConocoPhillips posts the sector's highest margin at 31.5% and the lowest PE at 18.22. Exxon Mobil, the largest constituent at roughly $708B in market cap, shows 44.1% revenue growth with a 15.9% margin and a 22.16 PE. SLB lags on growth at just 5% YoY, though it secured a digital drilling contract from TotalEnergies. Headlines skew modestly positive, with Iraq in talks with TotalEnergies and ConocoPhillips on oil and gas projects and Chevron reportedly nearing billion-dollar Venezuela deals alongside Halliburton, offset by a bearish view that the oil market is in dire straits.
Constituents
| Company | Market cap | P/E | Rev growth (YoY) | Op margin |
|---|---|---|---|---|
| XOM | $707.87B | 22.16 | 44.1% | 15.9% |
| CVX | $421.74B | 20.69 | 53.5% | 21.9% |
| COP | $165.26B | 18.22 | 35.5% | 31.5% |
| SLB | $72.43B | 23.58 | 5.0% | 12.7% |
Recent news
- Somewhat-Bullish Iraq discusses oil and gas projects with TotalEnergies, ConocoPhillips · 2026-10-11
- Somewhat-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
- Neutral 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
Sources this view read
- fundamentals Energy constituent fundamentals (Alpha Vantage)