browser Warning Icon You are using an older version of Internet Explorer. You are viewing this site with limited functionalities.
Sector Primer Series: Energy Get a snapshot of the S&P 500 Energy sector.
BY Louis Bellucci

The Global Industry Classification Standard® (GICS®) assigns a company to business classifications, such as the Energy sector, according to its principal business activities. Sector is the first level of the four-tiered, hierarchical industry classification system that includes 11 sectors, 24 industry groups, 69 industries, and 158 sub-industries. The GICS assignment system uses quantitative and qualitative factors, including revenues, earnings, and market perception. GICS was developed in 1999 and is jointly managed by S&P Dow Jones Indices and MSCI.



The Energy sector comprises companies primarily engaged in:



•   Oil and gas exploration, production, refining, marketing, storage, and transportation;



•   Contracted drilling or ownership of drilling rigs that contract their services for drilling wells;



•   Manufacturing equipment, including drilling rigs, and providing supplies and services to companies involved in the drilling, evaluation, and completion of oil and gas wells; and



•   Production and mining of coal, related products, and other consumable fuels related to the generation of energy.

Download Full Article (420K)
close

Sign up for email updates

Get our latest insight on the markets.

Thank you for subscribing!