Energy, Utilities & Mining Pulse: Investors Asking: What Has Been the Strongest & Weakest Mid/Large Cap Performer Over the Past Month?

As we move further into an eventful 4Q26 which includes the 3Q earnings season, the November elections, and two consequential Fed meetings, we take a closer look at positioning across Natural Resources over the past month of trading. This week in the Pulse, we ask our senior analyst team to identify their strongest and weakest performing mid/large cap stocks over the past month, discuss key debates for the stock, and provide their view from here. Stocks discussed include: Integrated Oils & Refining: MPC (Outperformer), CVE (Underperformer); Energy Services: HAL (Outperformer), MTZ (Underperformer); Midstream: KMI (Outperformer), HESM (Underperformer); Oil E&P: OVV (Outperformer), DVN (Underperformer); Utilities: TLN (Outperformer), NRG (Underperformer); Clean Tech: VLTO (Outperformer), OKLO (Underperformer);