Energy sector
ENERGY · SECTOR · MARKET VIEW
Market view · as of Oct 15, 2026
XOM
$715.80B
+44.1% rev YoY
CVX
$427.10B
+53.5% rev YoY
COP
$169.27B
+35.5% rev YoY
SLB
$72.36B
+5.0% rev YoY
Energy sector valuations cluster in the high teens to low twenties, with ConocoPhillips the cheapest at an 18.23 P/E and Schlumberger the richest at 23.55. Revenue growth is strongest at Chevron (53.5% YoY) and Exxon Mobil (44.1%), while SLB trails at 5.0%. Margins vary widely, from 12.7% at SLB to 31.5% at COP. Headline flow skews modestly positive, with SLB winning a digital drilling contract from TotalEnergies and Chevron reportedly nearing billion-dollar Venezuela oil deals, offset by a somewhat bearish note that the oil market is "in dire straits."
Constituents
| Company | Market cap | P/E | Rev growth (YoY) | Op margin |
|---|---|---|---|---|
| XOM | $715.80B | 22.4 | 44.1% | 15.9% |
| CVX | $427.10B | 20.96 | 53.5% | 21.9% |
| COP | $169.27B | 18.23 | 35.5% | 31.5% |
| SLB | $72.36B | 23.55 | 5.0% | 12.7% |
Recent news
- Somewhat-Bullish Iraq discusses oil and gas projects with TotalEnergies, ConocoPhillips · 2026-10-11
- 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
Sources this view read
- fundamentals Energy constituent fundamentals (Alpha Vantage)