Integrated Oil & Gas
Integrated Oil & Gas is losing market weight. Lost weight for 1 consecutive month.
Most of this industry's losses came from a few companies.
Where did the weight change come from?
12-month contribution in universe percentage points · contributions add to the industry change
The three largest same-direction contributors explain 100% of gross losses. Opposing contributions can make an individual company’s change larger than the industry’s net change.
How has it moved through history?
Share of matched S&P 500 members
Jan 2018 – Apr 2019 · market weight (%)
Relative performance
Industry return versus ACWI · no future data shown
Is participation broad or concentrated?
Actual constituent counts at this date, not the legacy synthetic breadth proxy
This is size concentration, not contribution to the 12-month change. The attribution above measures the latter.
Evidence can disagree
Independent dimensions · no combined score or bullish/bearish verdict
Other evidence and availability
Valuation data: unavailable; shown as zero placeholder.
Attention data: unavailable; shown as zero placeholder.
Actual fund flows: unavailable. No ETF, mutual-fund or institutional flow feed is connected.
Volume / turnover: unavailable in this dataset.
Follow the contribution to individual companies
Sorted by absolute 12-month weight contribution, not investment merit
| Company | Sub-industry | Country | Universe weight | 12M contribution | 12M price return | Revisions |
|---|---|---|---|---|---|---|
| Chevron Corporation → CVX | Integrated Oil & Gas | United States | 1.271% | -0.198 pp | -0.3% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Apr 2019 | 1.271% | -0.074 pp | +0.549 pp | +0.546 pp | -0.198 pp | -5.8% |
| Mar 2019 | 1.345% | +0.028 pp | +0.601 pp | +0.598 pp | +0.008 pp | +9.2% |
| Feb 2019 | 1.317% | +0.594 pp | +0.562 pp | +0.584 pp | +0.036 pp | +11.4% |
| Jan 2019 | 0.722% | -0.021 pp | -0.003 pp | -0.685 pp | -0.635 pp | +2.3% |
| Dec 2018 | 0.743% | -0.012 pp | -0.003 pp | -0.723 pp | -0.615 pp | +4.8% |
| Nov 2018 | 0.755% | +0.030 pp | +0.022 pp | -0.686 pp | -0.603 pp | +6.4% |
| Oct 2018 | 0.725% | -0.021 pp | -0.682 pp | -0.743 pp | -0.633 pp | +0.4% |
| Sep 2018 | 0.747% | +0.014 pp | -0.719 pp | -0.590 pp | -0.611 pp | +1.8% |
| Aug 2018 | 0.733% | -0.675 pp | -0.709 pp | -0.549 pp | -0.625 pp | -0.8% |
| Jul 2018 | 1.407% | -0.058 pp | -0.061 pp | +0.049 pp | +0.049 pp | +5.5% |
| Jun 2018 | 1.466% | +0.025 pp | +0.129 pp | +0.108 pp | +0.108 pp | +8.9% |
| May 2018 | 1.441% | -0.027 pp | +0.160 pp | +0.083 pp | +0.083 pp | +6.4% |
| Apr 2018 | 1.469% | +0.132 pp | +0.111 pp | +0.111 pp | +0.111 pp | +6.7% |
| Mar 2018 | 1.337% | +0.055 pp | -0.021 pp | -0.021 pp | -0.021 pp | -2.4% |
| Feb 2018 | 1.281% | -0.077 pp | -0.077 pp | -0.077 pp | -0.077 pp | -5.6% |
| Jan 2018 | 1.358% | +0.000 pp | +0.000 pp | +0.000 pp | +0.000 pp | +0.0% |
How are these descriptive states defined?
Gaining / losing: 12-month weight change above +0.005pp / below −0.005pp. Direction and speed are separate dimensions, not mutually exclusive recommendations.
Accelerating / slowing: compare the most recent 3M change with the preceding 3M change. Accelerating means a positive change speeds up by >0.02pp. Slowing means the magnitude of movement declines by >0.02pp. A falling industry can also slow.
Reversing: the last two 3M changes have opposite signs, outside a ±0.005pp tolerance. Persistence counts consecutive same-direction monthly changes.
Broad / concentrated: company attribution, not a market-cap concentration shortcut. Concentrated means the three largest same-direction contributors account for ≥70% of gross same-direction changes; otherwise broad requires ≥60% of constituents moving with the industry. Other cases are mixed.
Weights use matched S&P 500 members’ market-cap estimates, based on SEC-reported shares available by each month-end and monthly closing prices. Companies without a matched price or share record are omitted, so the denominator is the matched sample rather than every index member. These are not official float-adjusted S&P weights. Flow is not measured.