Universe›Energy›Oil & Gas Storage & Transportation
Observatory · observe first

Oil & Gas Storage & Transportation

Oil & Gas Storage & Transportation is gaining market weight. Lost weight for 1 consecutive month.

Historical time machine
Historical observation
20182026
Declining fasterConcentrated

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

Universe weight
0.32%
$0.17T
12-month change
+0.04 pp
6-month change
-0.13 pp
3-month change
-0.10 pp
Company participation
0%
above their 6M weight average

Where did the weight change come from?

12-month contribution in universe percentage points · contributions add to the industry change

Company attribution
Oneok →+0.028 pp
All other companies+0.016 pp
Industry total+0.044 pp

The three largest same-direction contributors explain 100% of gross gains. 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

Jun 2019 – May 2024 · market weight (%)

0.00.30.620202021202220232024

Relative performance

Industry return versus ACWI · no future data shown

679211720202021202220232024

Is participation broad or concentrated?

Actual constituent counts at this date, not the legacy synthetic breadth proxy

Above their 3M universe-weight average0%
Above their 6M universe-weight average0%
Above their 12M universe-weight average0%
Top 5 share of current industry market cap100.0%

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

Allocation · 12M+0.04 pp
Relative strength · 12M+20.1%
Price index return · 12M+48.4%
Earnings revisions · unavailable0.0
Allocation gained weight while relative performance rose. Fewer than half of constituents are above their 6M weight average. These observations need not agree.
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

CompanySub-industryCountryUniverse weight12M contribution12M price returnRevisions
Oneok →
OKE
Oil & Gas Storage & TransportationUnited States0.090%+0.028 pp+51.1%0.0
Targa Resources →
TRGP
Oil & Gas Storage & TransportationUnited States0.050%+0.012 pp+78.0%0.0
Williams Companies →
WMB
Oil & Gas Storage & TransportationUnited States0.097%+0.010 pp+52.7%0.0
Kinder Morgan →
KMI
Oil & Gas Storage & TransportationUnited States0.083%-0.007 pp+29.2%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
May 20240.320%-0.140 pp-0.104 pp-0.129 pp+0.044 pp+20.1%
Apr 20240.460%+0.017 pp+0.048 pp+0.033 pp+0.049 pp+10.6%
Mar 20240.443%+0.019 pp+0.020 pp+0.024 pp+0.032 pp+6.8%
Feb 20240.424%+0.013 pp-0.025 pp+0.014 pp-0.001 pp-1.4%
Jan 20240.412%-0.011 pp-0.016 pp+0.128 pp-0.026 pp-5.7%
Dec 20230.423%-0.026 pp+0.004 pp+0.138 pp-0.034 pp-9.1%
Nov 20230.449%+0.022 pp+0.039 pp+0.173 pp+0.001 pp-2.5%
Oct 20230.427%+0.008 pp+0.144 pp+0.017 pp-0.008 pp-1.7%
Sep 20230.419%+0.008 pp+0.134 pp+0.007 pp+0.045 pp+1.2%
Aug 20230.411%+0.127 pp+0.135 pp-0.015 pp+0.017 pp-5.0%
Jul 20230.283%-0.002 pp-0.128 pp-0.155 pp-0.090 pp-1.7%
Jun 20230.285%+0.009 pp-0.127 pp-0.172 pp-0.107 pp-2.7%
May 20230.276%-0.135 pp-0.150 pp-0.172 pp-0.153 pp-14.0%
Apr 20230.411%-0.001 pp-0.027 pp-0.024 pp+0.009 pp-1.2%
Mar 20230.412%-0.014 pp-0.045 pp+0.037 pp+0.025 pp+4.4%
Feb 20230.426%-0.012 pp-0.022 pp+0.032 pp+0.056 pp+14.6%
Jan 20230.438%-0.019 pp+0.003 pp+0.064 pp+0.092 pp+25.3%
Dec 20220.457%+0.009 pp+0.083 pp+0.065 pp+0.157 pp+53.3%
Nov 20220.448%+0.013 pp+0.054 pp+0.019 pp+0.129 pp+46.0%
Oct 20220.435%+0.061 pp+0.061 pp+0.033 pp+0.100 pp+41.1%
Sep 20220.374%-0.020 pp-0.018 pp-0.013 pp+0.040 pp+33.4%
Aug 20220.394%+0.020 pp-0.035 pp+0.024 pp+0.092 pp+54.1%
Jul 20220.374%-0.018 pp-0.028 pp+0.028 pp+0.055 pp+38.3%
Jun 20220.392%-0.037 pp+0.005 pp+0.092 pp+0.045 pp+28.4%
May 20220.429%+0.028 pp+0.059 pp+0.111 pp+0.082 pp+39.7%
Apr 20220.402%+0.015 pp+0.056 pp+0.066 pp+0.070 pp+36.8%
Mar 20220.387%+0.017 pp+0.087 pp+0.053 pp+0.213 pp+28.7%
Feb 20220.370%+0.024 pp+0.051 pp+0.068 pp+0.208 pp+30.4%
Jan 20220.346%+0.045 pp+0.010 pp+0.027 pp+0.165 pp+27.7%
Dec 20210.300%-0.018 pp-0.034 pp-0.047 pp+0.008 pp+16.5%
Nov 20210.319%-0.017 pp+0.017 pp-0.029 pp+0.004 pp+13.8%
Oct 20210.336%+0.001 pp+0.017 pp+0.004 pp+0.037 pp+24.2%
Sep 20210.335%+0.033 pp-0.013 pp+0.160 pp+0.334 pp+27.4%
Aug 20210.302%-0.017 pp-0.046 pp+0.141 pp+0.302 pp+10.0%
Jul 20210.319%-0.028 pp-0.013 pp+0.138 pp+0.318 pp+11.0%
Jun 20210.347%-0.000 pp+0.173 pp+0.054 pp+0.347 pp+5.8%
May 20210.348%+0.016 pp+0.186 pp+0.034 pp+0.347 pp-3.4%
Apr 20210.332%+0.158 pp+0.151 pp+0.033 pp-0.062 pp-4.5%
Mar 20210.174%+0.013 pp-0.119 pp+0.174 pp+0.174 pp+7.0%
Feb 20210.161%-0.019 pp-0.153 pp+0.161 pp+0.161 pp-29.2%
Jan 20210.180%-0.112 pp-0.118 pp+0.180 pp-0.329 pp-33.4%
Dec 20200.293%-0.021 pp+0.292 pp+0.292 pp-0.237 pp-38.4%
Nov 20200.314%+0.015 pp+0.314 pp+0.314 pp-0.196 pp-32.1%
Oct 20200.299%+0.299 pp+0.298 pp-0.095 pp-0.228 pp-36.4%
Sep 20200.000%-0.000 pp-0.000 pp+0.000 pp-0.564 pp-42.8%
Aug 20200.000%+0.000 pp-0.000 pp-0.000 pp-0.565 pp-40.0%
Jul 20200.000%-0.000 pp-0.393 pp-0.509 pp-0.561 pp-36.7%
Jun 20200.000%-0.000 pp+0.000 pp-0.529 pp-0.591 pp-32.3%
May 20200.000%-0.393 pp+0.000 pp-0.510 pp-0.602 pp-26.3%
Apr 20200.394%+0.393 pp-0.116 pp-0.134 pp-0.204 pp-26.8%
Mar 20200.000%-0.000 pp-0.529 pp-0.564 pp-0.625 pp-37.0%
Feb 20200.000%-0.509 pp-0.510 pp-0.565 pp-0.592 pp-7.0%
Jan 20200.509%-0.020 pp-0.018 pp-0.052 pp+0.183 pp-5.9%
Dec 20190.530%+0.019 pp-0.035 pp-0.061 pp+0.234 pp+7.2%
Nov 20190.510%-0.017 pp-0.055 pp-0.092 pp+0.199 pp-0.8%
Oct 20190.527%-0.037 pp-0.034 pp-0.070 pp+0.240 pp-1.1%
Sep 20190.564%-0.001 pp-0.027 pp-0.061 pp+0.279 pp+9.1%
Aug 20190.565%+0.004 pp-0.037 pp-0.027 pp+0.273 pp+6.9%
Jul 20190.561%-0.030 pp-0.036 pp+0.235 pp+0.020 pp+2.9%
Jun 20190.591%-0.011 pp-0.034 pp+0.295 pp+0.044 pp+6.9%
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.