Observatory · observe first

Follow the allocation change

Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.

Historical time machine

Historical observation

20182026

Universe›Energy›Oil & Gas Exploration & Production›Oil & Gas Exploration & Production

1 · Sector

Weight and 12M allocation change

Health Care17.6%+1.90 pp Energy4.0%+1.62 pp Information Technology26.9%+1.35 pp Utilities3.6%+0.53 pp Consumer Staples7.7%+0.52 pp Real Estate3.4%+0.27 pp Materials3.5%-0.04 pp Consumer Discretionary6.7%-0.71 pp Communication Services3.8%-0.73 pp Financials12.8%-1.90 pp Industrials10.0%-2.80 pp

2 · Industry

Inside Energy

Oil & Gas Exploration & Production1.38%+0.71 pp Integrated Oil & Gas1.24%+0.52 pp Oil & Gas Refining & Marketing0.56%+0.17 pp Oil & Gas Equipment & Services0.37%+0.14 pp Oil & Gas Storage & Transportation0.43%+0.08 pp

3 · Sub-industry

Inside Oil & Gas Exploration & Production

Oil & Gas Exploration & Production1.38%+0.710 pp

Concentrated

Most of this industry's gains came from a few companies.

View all contributions →

Oil & Gas Exploration & Production · weight

1.38%

Industry change · 12M

+0.71 pp

Oil & Gas Exploration & Production · contribution

+0.710 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 2022 · sorted by absolute contribution to 12-month change

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
ConocoPhillips → COP	United States	$145.3bn	0.523%	+0.096 pp	+0.254 pp	+107.5%	Yes
Occidental Petroleum → OXY	United States	$65.0bn	0.234%	+0.092 pp	+0.147 pp	+167.9%	Yes
EOG Resources → EOG	United States	$80.2bn	0.289%	+0.056 pp	+0.121 pp	+82.4%	Yes
Devon Energy → DVN	United States	$49.4bn	0.178%	+0.041 pp	+0.114 pp	+200.8%	Yes
Diamondback Energy → FANG	United States	$27.0bn	0.097%	+0.012 pp	+0.045 pp	+97.3%	Yes
APA Corporation → APA	United States	$15.9bn	0.057%	+0.014 pp	+0.029 pp	+128.4%	Yes

Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.