Energy stocks have trailed the
S&P 500
this year, as earnings for most companies are expected to fall from 2022 levels. The sector is healthy but investors are less interested now that oil and natural-gas prices appear to be past their peak.
That said, analysts have been warming to several stocks in recent weeks, boosting their earnings estimates following fourth-quarter earnings reports.
Source: https://www.barrons.com/articles/energy-stocks-invest-exxon-5388cbae?siteid=yhoof2&yptr=yahoo