Oil & Gas
Oil and gas producers, refiners, midstream operators and service companies.
Leadership as of 2026-10-27: Leading. Relative to SPY: 5 sessions +0.8pp, 21 sessions +8.9pp, 63 sessions +8.7pp. Participation 91%; 21 of 21 members eligible.
- 21-session excess +8.9pp ≥ +2.0
- 63-session excess +7.3pp (robust) ≥ +2.0
- 21-session excess without the strongest member +8.4pp > 0
- 90% of window members beat SPY over 21 sessions
Economic family: Energy
Member companies
- Marathon Petroleum Corporation (MPC)
- APA Corporation (APA)
- Phillips 66 (PSX)
- ConocoPhillips (COP)
- Valero Energy Corporation (VLO)
- Targa Resources, Inc. (TRGP)
- Chevron Corporation (CVX)
- EOG Resources, Inc. (EOG)
- ExxonMobil Holdings Corporation (XOM)
- Devon Energy Corporation (DVN)
- Occidental Petroleum Corporatio (OXY)
- ONEOK, Inc. (OKE)
- Kinder Morgan, Inc. (KMI)
- Diamondback Energy, Inc. (FANG)
- SLB Limited (SLB)
- Williams Companies, Inc. (The) (WMB)
- Halliburton Company (HAL)
- EQT Corporation (EQT)
- Expand Energy Corporation (EXE)
- Baker Hughes Company (BKR)
- Texas Pacific Land Corporation (TPL)
Related themes
- Oil & Gas E&P: Leading — 21-session vs SPY +11.3pp, participation 89%
- Oil & Gas Integrated & Refining: Leading — 21-session vs SPY +7.2pp, participation 80%
- Oil & Gas Equipment & Services: Neutral — 21-session vs SPY +1.5pp, participation 80%
- Solar: Lagging — 21-session vs SPY −6.4pp, participation 27%
- Nuclear / Uranium: Lagging — 21-session vs SPY −11.4pp, participation 14%
- Oil & Gas Midstream: Tracked (too few stocks for a leadership state) — 21-session vs SPY +8.3pp, participation 100%