INVESTING | Energy Sector
A Sector is a broad selection of companies with similar characteristics. An Industry is a subset of Sectors where companies are grouped in more specifically than Sectors.
Investors can use Sectors and Industries to efficiently classify and compare companies. Comparing companies with shared Sector and Industry allows an investor to identify relative strengths and weaknesses. Comparing companies across different Sectors and Industries can help identify relationships and trends.
The Energy Sector includes businesses across the energy, primarily oil and gas, value chain. The Energy Sector’s two sectors are as follows:
Energy Equipment & Services Industry
Oil, Gas & Consumable Fuels Industry
The total value of the Energy Sector in the United States is approximately $3.4 trillion.
Energy include companies like Exxon Mobil, Chevron, and Halliburton.