Energy Is Leading in 2026—But Are the Oil Majors Cracking?
Energy's 18% YTD rally has outpaced the market — but mixed Q4 results and cautious guidance from Exxon, Chevron, Conoco and Shell raise questions about Big Oil’s staying power. Still, rising demand forecasts and cost-cutting plans keep the longer-term case alive, with ETFs like XLE offering a lower-risk way to play the theme.
