Just like most major S&P sectors, energy is a diverse one. There are equipment and services, pipelines, integrated and exploration stocks. The OIH, down 16% from the most recent 52-week highs, is lagging behind the other two most closely followed sector ETFs. The XLE and XOP are about as different as they can be, being that they emanate from the same group. The XLE is dominated by its top 3 holdings in XOM CVX and COP which make up nearly half of the fund. And the XLE’s chart is acting fine, now above a double bottom pivot of 57.97 taken out on 1/4. Thursday it somewhat shrugged off the bearish counterattack candle from the day prior, and XOM is up better than 11% this week. If that holds would be just its first double-digit WEEKLY gain in 10 months. The XOP is trying to establish firm ground above the very round par number and Wednesday recorded a bearish engulfing candle, but Thursday CLOSED above the 50 day SMA for the third consecutive day. I think one could have exposure to names within the group, both large and small, as 2022 should be another kind year to the underinvested space.