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HomeSectorsEnergy
Sector AnalysisETF: XLEUpdated Jul 8, 2026

Energy Sector Stocks: Performance, Valuations & Industry Comps

Driven by mega-caps ExxonMobil and Chevron, the energy sector trades at a cheap 11x P/E with high cash returns. This dashboard tracks valuation trends, equal-weight performance, and sector component data across all 300+ energy stocks.

Sector Market Cap

$2.07T

Tracks 271 stocks · top 50 by market cap

Median YTD Return

+21.8%

Screener universe · median stock return

Median P/E

16.6x

Screener stocks · excludes outliers

Median Dividend Yield

3.14%

Screener stocks · excludes zeros

Explore Screener
Review ValuationsFull Screener →
VCP Scanner Editorial Team
Research ByVCP Scanner Editorial Team
Jump ToPerformanceScreenerValuationIndustriesOutlookKey MetricsEarningsLearnFAQ
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Sector Screener

Rank the Energy with daily updated market and fundamental data

Scan the sector leaders, compare valuations and fundamentals, then open the full screener to refine your criteria.

Quick screens:Large Cap Energy→Dividend Energy→Profitable Energy→Growth Energy→
Filter by:
Compare Top 3 Open Screener
TickerCompanyPriceMkt CapP/EROEDiv Yield
XOM logoXOM
Exxon Mobil Corporation$141.65$587.11B21.110.7%2.8%
CVX logoCVX
Chevron Corporation$173.94$346.42B26.27.1%3.9%
SHEL logoSHEL
Shell plc$81.99$231.14B13.610%3.5%
TTE logoTTE
TotalEnergies SE$77.96$173.62B13.511%4.9%
COP logoCOP
ConocoPhillips$108.44$132.17B17.112.4%2.9%
ENB logoENB
Enbridge Inc.$55.05$120.21B24.19.4%6.6%
PBR logoPBR
Petróleo Brasileiro S.A. - Petrobras$16.66$107.36B5.329.7%7.7%
BP logoBP
BP p.l.c.$38.61$100.79B1892.60.1%5%
PBR-A logoPBR-A
Petróleo Brasileiro S.A. - Petrobras$14.99$96.6B4.829.7%8.5%
WMB logoWMB
The Williams Companies, Inc.$75.08$91.82B35.117.5%2.7%
EQNR logoEQNR
Equinor ASA$33.91$85.96B17.412.2%5.4%
CNQ logoCNQ
Canadian Natural Resources Limited$40.69$84.88B11.225.8%4%
EPD logoEPD
Enterprise Products Partners L.P.$37.64$81.43B14.219.3%5.7%
VLO logoVLO
Valero Energy Corporation$266.22$79.61B35.28.7%1.7%
MPC logoMPC
Marathon Petroleum Corporation$266.33$77.75B20.116.7%1.4%
KMI logoKMI
Kinder Morgan, Inc.$32.49$72.28B23.79.5%3.6%
PSX logoPSX
Phillips 66$178.84$71.7B16.615%2.6%
TRP logoTRP
TC Energy Corporation$68.80$71.67B29.99.3%3.4%
EOG logoEOG
EOG Resources, Inc.$134.54$71.66B14.816.8%3%
E logoE
Eni S.p.A.$47.47$69.44B26.65.3%4.8%
SLB logoSLB
SLB N.V.$46.42$69.4B19.813.5%2.3%
ET logoET
Energy Transfer LP$19.81$68.15B14.710.2%6.5%
SU logoSU
Suncor Energy Inc.$53.57$63.58B15.713.2%3%
TRGP logoTRGP
Targa Resources Corp.$273.81$58.77B32.148.4%1.4%
MPLX logoMPLX
MPLX Lp$57.51$58.38B11.934.4%6.9%
IMO logoIMO
Imperial Oil Limited$116.57$57.96B25.614.3%1.7%
OKE logoOKE
ONEOK, Inc.$90.67$57.12B16.715.2%4.5%
BKR logoBKR
Baker Hughes Company$54.47$54.02B21.014.4%1.7%
LNG logoLNG
Cheniere Energy, Inc.$255.00$53.44B10.646.1%0.8%
OXY logoOXY
Occidental Petroleum Corporation$51.68$51.4B32.16.7%3.1%
XOM logoXOM
Exxon Mobil Corporation
$141.65Price
Mkt Cap$587.11B
P/E21.1
ROE10.7%
Div Yield2.8%
CVX logoCVX
Chevron Corporation
$173.94Price
Mkt Cap$346.42B
P/E26.2
ROE7.1%
Div Yield3.9%
SHEL logoSHEL
Shell plc
$81.99Price
Mkt Cap$231.14B
P/E13.6
ROE10%
Div Yield3.5%
TTE logoTTE
TotalEnergies SE
$77.96Price
Mkt Cap$173.62B
P/E13.5
ROE11%
Div Yield4.9%
COP logoCOP
ConocoPhillips
$108.44Price
Mkt Cap$132.17B
P/E17.1
ROE12.4%
Div Yield2.9%
ENB logoENB
Enbridge Inc.
$55.05Price
Mkt Cap$120.21B
P/E24.1
ROE9.4%
Div Yield6.6%
PBR logoPBR
Petróleo Brasileiro S.A. - Petrobras
$16.66Price
Mkt Cap$107.36B
P/E5.3
ROE29.7%
Div Yield7.7%
BP logoBP
BP p.l.c.
$38.61Price
Mkt Cap$100.79B
P/E1892.6
ROE0.1%
Div Yield5%
PBR-A logoPBR-A
Petróleo Brasileiro S.A. - Petrobras
$14.99Price
Mkt Cap$96.6B
P/E4.8
ROE29.7%
Div Yield8.5%
WMB logoWMB
The Williams Companies, Inc.
$75.08Price
Mkt Cap$91.82B
P/E35.1
ROE17.5%
Div Yield2.7%
EQNR logoEQNR
Equinor ASA
$33.91Price
Mkt Cap$85.96B
P/E17.4
ROE12.2%
Div Yield5.4%
CNQ logoCNQ
Canadian Natural Resources Limited
$40.69Price
Mkt Cap$84.88B
P/E11.2
ROE25.8%
Div Yield4%
EPD logoEPD
Enterprise Products Partners L.P.
$37.64Price
Mkt Cap$81.43B
P/E14.2
ROE19.3%
Div Yield5.7%
VLO logoVLO
Valero Energy Corporation
$266.22Price
Mkt Cap$79.61B
P/E35.2
ROE8.7%
Div Yield1.7%
MPC logoMPC
Marathon Petroleum Corporation
$266.33Price
Mkt Cap$77.75B
P/E20.1
ROE16.7%
Div Yield1.4%
KMI logoKMI
Kinder Morgan, Inc.
$32.49Price
Mkt Cap$72.28B
P/E23.7
ROE9.5%
Div Yield3.6%
PSX logoPSX
Phillips 66
$178.84Price
Mkt Cap$71.7B
P/E16.6
ROE15%
Div Yield2.6%
TRP logoTRP
TC Energy Corporation
$68.80Price
Mkt Cap$71.67B
P/E29.9
ROE9.3%
Div Yield3.4%
EOG logoEOG
EOG Resources, Inc.
$134.54Price
Mkt Cap$71.66B
P/E14.8
ROE16.8%
Div Yield3%
E logoE
Eni S.p.A.
$47.47Price
Mkt Cap$69.44B
P/E26.6
ROE5.3%
Div Yield4.8%
SLB logoSLB
SLB N.V.
$46.42Price
Mkt Cap$69.4B
P/E19.8
ROE13.5%
Div Yield2.3%
ET logoET
Energy Transfer LP
$19.81Price
Mkt Cap$68.15B
P/E14.7
ROE10.2%
Div Yield6.5%
SU logoSU
Suncor Energy Inc.
$53.57Price
Mkt Cap$63.58B
P/E15.7
ROE13.2%
Div Yield3%
TRGP logoTRGP
Targa Resources Corp.
$273.81Price
Mkt Cap$58.77B
P/E32.1
ROE48.4%
Div Yield1.4%
MPLX logoMPLX
MPLX Lp
$57.51Price
Mkt Cap$58.38B
P/E11.9
ROE34.4%
Div Yield6.9%
IMO logoIMO
Imperial Oil Limited
$116.57Price
Mkt Cap$57.96B
P/E25.6
ROE14.3%
Div Yield1.7%
OKE logoOKE
ONEOK, Inc.
$90.67Price
Mkt Cap$57.12B
P/E16.7
ROE15.2%
Div Yield4.5%
BKR logoBKR
Baker Hughes Company
$54.47Price
Mkt Cap$54.02B
P/E21.0
ROE14.4%
Div Yield1.7%
LNG logoLNG
Cheniere Energy, Inc.
$255.00Price
Mkt Cap$53.44B
P/E10.6
ROE46.1%
Div Yield0.8%
OXY logoOXY
Occidental Petroleum Corporation
$51.68Price
Mkt Cap$51.4B
P/E32.1
ROE6.7%
Div Yield3.1%
See all 50 stocks →

Sector Outlook

Energy Sector Outlook - Q1 2026

Updated Q1 2026

Energy in 2026 hinges on global demand, OPEC supply responses, inventories, and capital discipline. The sector generates strong cash returns when prices cooperate, but sentiment shifts fast.

Integrated majors and disciplined producers attract attention when free cash flow and buybacks are the priority. Higher-cost operators need stronger commodity prices to sustain leadership.

Many investors focus on balance sheet quality, asset position, and clear capital return frameworks rather than trying to trade every oil move.

Learn

Understanding the Energy Sector

What Is the Energy Sector?

The Energy sector groups companies that find, produce, transport, refine, and service oil and gas assets — integrated majors, upstream producers, oilfield services, and midstream operators.

Earnings can change rapidly with commodity prices. The same company can look cheap near the top or expensive near the bottom if you don't adjust for where cash flows sit in the cycle.

Balance sheet strength, capital discipline, breakeven economics, and shareholder returns matter more than the latest earnings multiple.

How to Invest in Energy Stocks

XLE provides diversified large-cap energy exposure. Stock pickers divide the sector into upstream producers, integrated majors, refiners, and services — each reacts differently to commodity moves.

Key risks: lower oil and gas prices, project issues, regulatory changes, and poor capital allocation at the wrong cycle point. Refiners and service firms behave differently from producers.

Use the screener to compare valuation, yield, and profitability while keeping business model in mind. The lowest multiple isn't always the best value.

Explore Further

Related Themes & Screens in Energy

ThemeOil GasThemeRenewable Energy

Frequently Asked Questions

Oil and gas producers, integrated majors, refiners, pipeline businesses, and oilfield service companies. The screener above shows the sector list.

Explore More

Other Market Sectors

Dive into other sector analyses with performance tracking, valuation metrics, and industry breakdowns.

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XLK

Screen and research technology sector stocks with daily updated valuations, performance charts, and pre-filtered metrics for software, semiconductors, and hardware in 2026.

Healthcare Sector Stocks: Performance, Valuations & Industry Comps

XLV

Screen and research healthcare sector stocks with daily updated valuations, performance metrics, and pre-filtered metrics for pharma, biotech, and medical devices in 2026.

Financial Services Sector Stocks: Performance, Valuations & Industry Comps

XLF

Screen and research financial services sector stocks with daily updated valuations, yields, and pre-filtered metrics for banks, insurance, and payments in 2026.

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XLY

Screen and research consumer cyclical sector stocks with daily updated valuations, margins, and pre-filtered metrics for retail, autos, and restaurants in 2026.

Consumer Defensive Sector Stocks: Performance, Valuations & Industry Comps

XLP

Screen and research consumer defensive sector stocks with daily updated valuations, dividend yields, and metrics for food, household goods, and staples retail in 2026.

Basic Materials Sector Stocks: Performance, Valuations & Industry Comps

XLB

Screen and research basic materials sector stocks with daily updated valuations, commodity metrics, and pre-filtered metrics for chemicals, metals, and packaging in 2026.

View All Sectors

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Performance Dashboard

How the Energy sector has traded against the market

Track the XLE sector ETF performance vs S&P 500. The basket shows equal-weight returns of top 50 stocks by market cap.

Sector ETF
XLE+26.4%
S&P 500 Index
SPY+20.5%
Equal-Weight Basket
Basket+27.0%
XLE Sector ETF (Solid Line)S&P 500 Index Benchmark (Dashed Line)Equal-Weight Sector Basket (Solid Line · Top 50 Stocks)

Top 1M Performers

Momentum Leaders

Gainers
LNG$255.00

Cheniere Energy, Inc.

+7.8%
YTD +29%·$53.44B
WMB$75.08

The Williams Companies, Inc.

+4.9%
YTD +23%·$91.82B
KMI$32.49

Kinder Morgan, Inc.

+3.8%
YTD +17%·$72.28B
TRGP$273.81

Targa Resources Corp.

+3.7%
YTD +47%·$58.77B
VLO$266.22

Valero Energy Corporation

+3%
YTD +61%·$79.61B

Bottom 1M Performers

Momentum Underperformers

Decliners
SLB$46.42

SLB N.V.

-17.9%
YTD +15%·$69.4B
FSLR$227.72

First Solar, Inc.

-17.3%
YTD -17%·$24.47B
HAL$33.79

Halliburton Company

-16.6%
YTD +14%·$28.23B
BKR$54.47

Baker Hughes Company

-16%
YTD +16%·$54.02B
SU$53.57

Suncor Energy Inc.

-15.3%
YTD +18%·$63.58B

Market Comparison

Energy vs S&P 500 in one glance

Against the S&P 500, Energy currently trades at 21.3x trailing earnings versus 34.1x for the broad market. This discount reflects the sector's lower profitability metrics compared to the broader index.

Valuation

Cheaper

37% below S&P 500 trailing P/E

Sector vs Market

MetricEnergyS&P 500Winner
Trailing P/E21.3x34.1xSector cheaper
Forward P/E12.4x23.9xSector cheaper
EV/EBITDA9.6x22.7xSector cheaper

Historical Context

1-year premiumCheap vs history

15th percentile; range 20.6x to 25.3x

5-year premiumNear normal

44th percentile; range 7.5x to 39.2x

Quality

Lower quality

Net margin 11.4% vs 25.6%; ROE 13.5% vs 48.1%

Sector vs Market

MetricEnergyS&P 500Winner
Net Margin11.4%25.6%S&P 500 stronger
ROE13.5%48.1%S&P 500 stronger

Absolute Health (TTM)

Revenue Growth1.5%
Gross Margin28.7%
FCF Margin11.7%

Income

Higher yield

Sector yield 2.79% vs 0.99%

Sector vs Market

MetricEnergyS&P 500Winner
Dividend Yield2.8%1.0%Sector yields more
Industry Breakdown

Where the real weight sits inside Energy

These cards are built from the full sector universe, then ranked by market cap so you can see which pockets are leading, rich, resilient, or dangerously concentrated.

Industry Scoreboard

Fast scan of Energy industry setups

Use this table to spot heavyweights, cheap pockets, leaders, and genuinely beaten-down areas before opening the detailed cards below.

Integrated Oil & Gas

18 stocks

45.7%

$2.03T

Neutral

-15.6% median 3M

Cheap

6.9x median Fwd P/E

Mixed

12.6% median ROE

Weak

-3.0% rev growth

Mixed

Concentrated

Midstream Oil & Gas

47 stocks

21.8%

$967.97B

Leading

+0.0% median 3M

Fair

14.0x median Fwd P/E

High

11.2% median ROE

Average

8.1% rev growth

Watchlist

Diversified

Oil & Gas E&P

77 stocks

16.1%

$715.02B

Neutral

-16.3% median 3M

Cheap

8.9x median Fwd P/E

High

6.8% median ROE

Weak

-1.5% rev growth

Attractive

Diversified

Oilfield Services

50 stocks

6.6%

$294.09B

Neutral

-6.8% median 3M

Premium

20.5x median Fwd P/E

Mixed

6.7% median ROE

Weak

1.3% rev growth

Mixed

Diversified

Oil Refining & Marketing

18 stocks

6.4%

$283.99B

Leading

+3.3% median 3M

Fair

9.6x median Fwd P/E

Mixed

13.0% median ROE

Strong

-1.4% rev growth

Watchlist

One-name heavy

Uranium

10 stocks

1.4%

$63.05B

Lagging

-17.0% median 3M

Premium

59.7x median Fwd P/E

Mixed

-9.0% median ROE

Average

-4.5% rev growth

Mixed

One-name heavy

Solar

22 stocks

0.9%

$41.04B

Lagging

-7.7% median 3M

Fair

12.9x median Fwd P/E

Weak

-2.4% median ROE

Strong

27.2% rev growth

Broken

One-name heavy

Oil & Gas Drilling

9 stocks

0.5%

$23.49B

Lagging

-20.3% median 3M

Premium

39.8x median Fwd P/E

Weak

-0.9% median ROE

Average

7.1% rev growth

Broken

Concentrated

Coal

12 stocks

0.5%

$20.43B

Lagging

-17.9% median 3M

Fair

26.2x median Fwd P/E

Weak

-1.7% median ROE

Weak

-7.0% rev growth

Broken

Diversified

Oil & Gas Energy

6 stocks

0.0%

$1.28B

Lagging

-17.6% median 3M

Cheap

4.2x median Fwd P/E

High

17.4% median ROE

Strong

116.3% rev growth

Beaten Down

One-name heavy

Electric Utilities

2 stocks

0.0%

$1.01B

Neutral

+4.7% median 3M

Cheap

0.5x median Fwd P/E

Mixed

-23.4% median ROE

Average

- rev growth

Mixed

One-name heavy

Showing 11 of 11 industries in Energy.

Setup is a quick read of value, quality, growth, momentum, and concentration together.

Integrated Oil & Gas

Cheap vs sectorMixed qualityNeutralWeak growthConcentrated

Integrated Oil & Gas is a core pocket of energy, moving broadly in line with the rest of the sector; growth is softer than the sector average, quality signals are mixed, and valuation sits below sector norms. Leadership is concentrated in a few names.

Median 3M return

-15.6%

Forward P/E

6.9x

Top 3 weight

57.4%

Market cap

$2.03T

Coverage

18 stocks

Breadth

11% pos. in 3M

Explore entire industry
→

Earnings Calendar

Upcoming Earnings in Energy

Earnings reports are the biggest near-term catalysts for sector moves. Track which names report in the next 60 days and size your positions accordingly.

KMI

$72.28B

Kinder Morgan, Inc.

Wed, Jul 15

7d

SLB

$69.4B

SLB N.V.

Fri, Jul 17

BKR

$54.02B

Baker Hughes Company

Tue, Jul 21

EQNR

$85.96B

Equinor ASA

Wed, Jul 22

FTI

$27.25B

TechnipFMC plc

Thu, Jul 23

VLO

$79.61B

Valero Energy Corporation

Thu, Jul 23

TTE

$173.62B

TotalEnergies SE

Thu, Jul 23

PSX

$71.7B

Phillips 66

Fri, Jul 24

SLB

$69.4B

SLB N.V.

Fri, Jul 24

E

$69.44B

Eni S.p.A.

Fri, Jul 24

EPD

$81.43B

Enterprise Products Partners L.P.

Mon, Jul 27

EQT

$32.37B

EQT Corporation

Tue, Jul 28

HAL

$28.23B

Halliburton Company

Tue, Jul 28

FSLR

$24.47B

First Solar, Inc.

Thu, Jul 30

SHEL

$231.14B

Shell plc

Thu, Jul 30