The Energy sector represents a congregation of enterprises dedicated to the exhaustive exploration, extraction, refinement, and marketing of fuel and associated energy products. As an instrumental element of the global economic structure, this sector serves as a bellwether for industrial activity and economic health.
The Global Industry Classification Standard (GICS) is a widely accepted standard used by the global financial community for classifying companies into sectors and industries. It was developed by Morgan Stanley Capital International (MSCI) and Standard & Poor's (S&P), aiming to provide a comprehensive, consistent framework for investment research, portfolio management, and asset allocation.
1010 Energy Equipment & Services
Under the broader umbrella of the Energy sector, the Energy Equipment and Services industry encompasses firms that manufacture equipment and provide services integral to the exploration and extraction of energy resources. These enterprises possess distinct specialization in drilling methodologies, equipment maintenance, and other ancillary services imperative to the energy extraction process.
101010 Energy Equipment & Services
Organizations within the Energy Equipment & Services sub-industry are primarily engaged in manufacturing machinery and providing services integral to both onshore and offshore energy exploration activities.
10101010 Oil & Gas Drilling
In this sub-sector, the focus is primarily on companies that are engaged in the drilling of oil and gas wells. These entities may operate drilling rigs, provide related services, or both.
10101020 Oil & Gas Equipment & Services
The Oil & Gas Equipment & Services sub-industry represents businesses that provide a variety of equipment, products, and services that are essential in the drilling, evaluation, completion, production and intervention of oil and gas wells.
This chart is made with Lexchart for automatic organization charts.
101020 Oil, Gas & Consumable Fuels
The Oil, Gas & Consumable Fuels industry encompasses companies involved in the exploration, production, refining, marketing, storage, and transportation of oil, gas, and consumable fuels. These entities exhibit a robust knowledge of extraction and refinement methodologies and possess the intricate supply chains necessary for the efficient delivery of these products to market.
10102010 Integrated Oil & Gas
Enterprises within the Integrated Oil & Gas sub-industry are typically large corporations involved in all stages of the oil and gas industry lifecycle, from exploration and production to refinement and marketing. These organizations boast vast, complex operations that span the globe.
10102020 Oil & Gas Exploration & Production
Organizations classified under Oil & Gas Exploration & Production are primarily engaged in the high-stakes operation of locating and extracting oil and gas deposits. These operations often extend into remote and challenging environments, necessitating advanced technology and innovative methodologies.
10102030 Oil & Gas Refining & Marketing
In the Oil & Gas Refining & Marketing sub-industry, enterprises are involved in the downstream segment of the oil and gas industry lifecycle. Their operations encompass the refining of crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas.
10102040 Oil & Gas Storage & Transportation
Entities within the Oil & Gas Storage & Transportation sub-industry manage the crucial aspects of storing and transporting oil, gas, and consumable fuels. These organizations maintain the infrastructure, such as pipelines and storage tanks, essential for preserving product integrity and ensuring timely delivery to various market locales.
10102050 Coal & Consumable Fuels
Companies within the Coal & Consumable Fuels sub-industry focus on coal extraction and the production and marketing of consumable fuels. These fuels, often derived from coal, are crucial in industries where they serve as an essential source of energy or as a raw material in production processes.