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Energy

Energy sector includes companies that operate in the production and distribution of energy, both from fossil and renewable sources. It is a strategic and geopolitically sensitive sector. Main sub-sectors: oil and gas exploration and production, renewable energy (solar, wind, hydroelectric), energy services and infrastructure. Characteristics: cyclicality linked to commodity prices, strong impact from environmental policies and energy transition, high investments in decarbonization.

Energy sector: a line for energy stocks swinging wider than the economic cycle, tied to commodity prices, with its sub-sectors: oil and gas, renewables, services and infrastructure.
Energy is a cyclical sector: its results follow the price of the commodities it produces.