Reply To: Phillips 66 Repay Debt, Repurchase Shares and Raise Dividend


Biggest` out-performers within the S&P 500 this year have been energy stocks. Through Monday’s close, the energy sector was up a staggering 49% – making it the best-performing sector in the S&P 500 in 2022, and one of just two of the index’s 11 sectors to boast a positive return for the year-to-date.

Majority of the top 10 best-performing stocks in the S&P 500 are energy names, including Occidental Petroleum (+134%), Marathon Oil (+70%), Valero Energy (+70%), and Halliburton (+64%).

The energy sector comprises just 4.2% of the overall S&P 500 and has the fourth-lowest sector weighting, which helps explain why even marked gains in the sector have not translated into stronger returns for the index.