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

Information Technology34.6%+6.31 pp Utilities2.9%+0.04 pp Consumer Staples7.1%+0.00 pp Real Estate2.6%-0.16 pp Industrials9.7%-0.18 pp Financials11.0%-0.18 pp Materials2.6%-0.35 pp Communication Services2.5%-0.43 pp Consumer Discretionary11.3%-1.04 pp Energy2.5%-1.29 pp Health Care13.5%-2.72 pp

2 · Industry

Inside Energy

Oil & Gas Exploration & Production0.74%-0.46 pp Integrated Oil & Gas0.63%-0.42 pp Oil & Gas Equipment & Services0.28%-0.24 pp Oil & Gas Refining & Marketing0.36%-0.19 pp Oil & Gas Storage & Transportation0.44%+0.02 pp

3 · Sub-industry

Inside Oil & Gas Exploration & Production

Oil & Gas Exploration & Production0.74%-0.460 pp

Concentrated

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

View all contributions →

Oil & Gas Exploration & Production · weight

0.74%

Industry change · 12M

-0.46 pp

Oil & Gas Exploration & Production · contribution

-0.460 pp

Company participation

29%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 2024 · 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	$122.3bn	0.285%	+0.034 pp	-0.194 pp	-9.8%	No
EOG Resources → EOG	United States	$69.9bn	0.163%	+0.027 pp	-0.084 pp	+1.0%	Yes
Occidental Petroleum → OXY	United States	$46.7bn	0.109%	+0.004 pp	-0.083 pp	-19.4%	No
Devon Energy → DVN	United States	$24.5bn	0.057%	+0.001 pp	-0.045 pp	-14.2%	No
APA Corporation → APA	United States	$9.0bn	0.021%	+0.001 pp	-0.021 pp	-38.7%	No
Diamondback Energy → FANG	United States	$30.8bn	0.072%	+0.005 pp	-0.021 pp	+18.2%	No
EQT Corporation → EQT	United States	$16.2bn	0.038%	+0.007 pp	-0.011 pp	-8.1%	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.