Oil & Gas Storage & Transportation
Oil & Gas Storage & Transportation is losing market weight. Lost weight for 2 consecutive months.
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
Feb 2019 – Jan 2024 · 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 |
|---|---|---|---|---|---|---|
| Kinder Morgan → KMI | Oil & Gas Storage & Transportation | United States | 0.112% | -0.029 pp | -1.2% | 0.0 |
| Oneok → OKE | Oil & Gas Storage & Transportation | United States | 0.118% | +0.013 pp | +5.6% | 0.0 |
| Williams Companies → WMB | Oil & Gas Storage & Transportation | United States | 0.125% | -0.009 pp | +13.6% | 0.0 |
| Targa Resources → TRGP | Oil & Gas Storage & Transportation | United States | 0.056% | -0.002 pp | +16.1% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jan 2024 | 0.412% | -0.011 pp | -0.016 pp | +0.128 pp | -0.026 pp | -5.7% |
| Dec 2023 | 0.423% | -0.026 pp | +0.004 pp | +0.138 pp | -0.034 pp | -9.1% |
| Nov 2023 | 0.449% | +0.022 pp | +0.039 pp | +0.173 pp | +0.001 pp | -2.5% |
| Oct 2023 | 0.427% | +0.008 pp | +0.144 pp | +0.017 pp | -0.008 pp | -1.7% |
| Sep 2023 | 0.419% | +0.008 pp | +0.134 pp | +0.007 pp | +0.045 pp | +1.2% |
| Aug 2023 | 0.411% | +0.127 pp | +0.135 pp | -0.015 pp | +0.017 pp | -5.0% |
| Jul 2023 | 0.283% | -0.002 pp | -0.128 pp | -0.155 pp | -0.090 pp | -1.7% |
| Jun 2023 | 0.285% | +0.009 pp | -0.127 pp | -0.172 pp | -0.107 pp | -2.7% |
| May 2023 | 0.276% | -0.135 pp | -0.150 pp | -0.172 pp | -0.153 pp | -14.0% |
| Apr 2023 | 0.411% | -0.001 pp | -0.027 pp | -0.024 pp | +0.009 pp | -1.2% |
| Mar 2023 | 0.412% | -0.014 pp | -0.045 pp | +0.037 pp | +0.025 pp | +4.4% |
| Feb 2023 | 0.426% | -0.012 pp | -0.022 pp | +0.032 pp | +0.056 pp | +14.6% |
| Jan 2023 | 0.438% | -0.019 pp | +0.003 pp | +0.064 pp | +0.092 pp | +25.3% |
| Dec 2022 | 0.457% | +0.009 pp | +0.083 pp | +0.065 pp | +0.157 pp | +53.3% |
| Nov 2022 | 0.448% | +0.013 pp | +0.054 pp | +0.019 pp | +0.129 pp | +46.0% |
| Oct 2022 | 0.435% | +0.061 pp | +0.061 pp | +0.033 pp | +0.100 pp | +41.1% |
| Sep 2022 | 0.374% | -0.020 pp | -0.018 pp | -0.013 pp | +0.040 pp | +33.4% |
| Aug 2022 | 0.394% | +0.020 pp | -0.035 pp | +0.024 pp | +0.092 pp | +54.1% |
| Jul 2022 | 0.374% | -0.018 pp | -0.028 pp | +0.028 pp | +0.055 pp | +38.3% |
| Jun 2022 | 0.392% | -0.037 pp | +0.005 pp | +0.092 pp | +0.045 pp | +28.4% |
| May 2022 | 0.429% | +0.028 pp | +0.059 pp | +0.111 pp | +0.082 pp | +39.7% |
| Apr 2022 | 0.402% | +0.015 pp | +0.056 pp | +0.066 pp | +0.070 pp | +36.8% |
| Mar 2022 | 0.387% | +0.017 pp | +0.087 pp | +0.053 pp | +0.213 pp | +28.7% |
| Feb 2022 | 0.370% | +0.024 pp | +0.051 pp | +0.068 pp | +0.208 pp | +30.4% |
| Jan 2022 | 0.346% | +0.045 pp | +0.010 pp | +0.027 pp | +0.165 pp | +27.7% |
| Dec 2021 | 0.300% | -0.018 pp | -0.034 pp | -0.047 pp | +0.008 pp | +16.5% |
| Nov 2021 | 0.319% | -0.017 pp | +0.017 pp | -0.029 pp | +0.004 pp | +13.8% |
| Oct 2021 | 0.336% | +0.001 pp | +0.017 pp | +0.004 pp | +0.037 pp | +24.2% |
| Sep 2021 | 0.335% | +0.033 pp | -0.013 pp | +0.160 pp | +0.334 pp | +27.4% |
| Aug 2021 | 0.302% | -0.017 pp | -0.046 pp | +0.141 pp | +0.302 pp | +10.0% |
| Jul 2021 | 0.319% | -0.028 pp | -0.013 pp | +0.138 pp | +0.318 pp | +11.0% |
| Jun 2021 | 0.347% | -0.000 pp | +0.173 pp | +0.054 pp | +0.347 pp | +5.8% |
| May 2021 | 0.348% | +0.016 pp | +0.186 pp | +0.034 pp | +0.347 pp | -3.4% |
| Apr 2021 | 0.332% | +0.158 pp | +0.151 pp | +0.033 pp | -0.062 pp | -4.5% |
| Mar 2021 | 0.174% | +0.013 pp | -0.119 pp | +0.174 pp | +0.174 pp | +7.0% |
| Feb 2021 | 0.161% | -0.019 pp | -0.153 pp | +0.161 pp | +0.161 pp | -29.2% |
| Jan 2021 | 0.180% | -0.112 pp | -0.118 pp | +0.180 pp | -0.329 pp | -33.4% |
| Dec 2020 | 0.293% | -0.021 pp | +0.292 pp | +0.292 pp | -0.237 pp | -38.4% |
| Nov 2020 | 0.314% | +0.015 pp | +0.314 pp | +0.314 pp | -0.196 pp | -32.1% |
| Oct 2020 | 0.299% | +0.299 pp | +0.298 pp | -0.095 pp | -0.228 pp | -36.4% |
| Sep 2020 | 0.000% | -0.000 pp | -0.000 pp | +0.000 pp | -0.564 pp | -42.8% |
| Aug 2020 | 0.000% | +0.000 pp | -0.000 pp | -0.000 pp | -0.565 pp | -40.0% |
| Jul 2020 | 0.000% | -0.000 pp | -0.393 pp | -0.509 pp | -0.561 pp | -36.7% |
| Jun 2020 | 0.000% | -0.000 pp | +0.000 pp | -0.529 pp | -0.591 pp | -32.3% |
| May 2020 | 0.000% | -0.393 pp | +0.000 pp | -0.510 pp | -0.602 pp | -26.3% |
| Apr 2020 | 0.394% | +0.393 pp | -0.116 pp | -0.134 pp | -0.204 pp | -26.8% |
| Mar 2020 | 0.000% | -0.000 pp | -0.529 pp | -0.564 pp | -0.625 pp | -37.0% |
| Feb 2020 | 0.000% | -0.509 pp | -0.510 pp | -0.565 pp | -0.592 pp | -7.0% |
| Jan 2020 | 0.509% | -0.020 pp | -0.018 pp | -0.052 pp | +0.183 pp | -5.9% |
| Dec 2019 | 0.530% | +0.019 pp | -0.035 pp | -0.061 pp | +0.234 pp | +7.2% |
| Nov 2019 | 0.510% | -0.017 pp | -0.055 pp | -0.092 pp | +0.199 pp | -0.8% |
| Oct 2019 | 0.527% | -0.037 pp | -0.034 pp | -0.070 pp | +0.240 pp | -1.1% |
| Sep 2019 | 0.564% | -0.001 pp | -0.027 pp | -0.061 pp | +0.279 pp | +9.1% |
| Aug 2019 | 0.565% | +0.004 pp | -0.037 pp | -0.027 pp | +0.273 pp | +6.9% |
| Jul 2019 | 0.561% | -0.030 pp | -0.036 pp | +0.235 pp | +0.020 pp | +2.9% |
| Jun 2019 | 0.591% | -0.011 pp | -0.034 pp | +0.295 pp | +0.044 pp | +6.9% |
| May 2019 | 0.602% | +0.005 pp | +0.010 pp | +0.291 pp | +0.074 pp | +11.7% |
| Apr 2019 | 0.598% | -0.028 pp | +0.271 pp | +0.310 pp | +0.100 pp | +16.6% |
| Mar 2019 | 0.625% | +0.033 pp | +0.329 pp | +0.340 pp | +0.152 pp | +27.9% |
| Feb 2019 | 0.592% | +0.266 pp | +0.281 pp | +0.299 pp | +0.102 pp | +16.6% |
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.