Analysts project further upside for select energy equities after the sector surged 33% in 2026 year-to-date.
S&P 500 energy stocks have rallied 33% this year, outpacing broader market gains. Analysts now identify five companies, including Expand Energy (EXE), EQT (EQT), and Devon Energy (DVN), as likely to rise at least 15% over the next 12 months.
The sector’s performance follows strong earnings and strategic shifts, such as Texas Pacific Land’s recent deal to lease land for data center energy projects. The company’s earnings call on Wednesday is expected to provide further details on its expansion plans.
No immediate market reaction was reported, but the outlook reflects sustained investor confidence in energy equities amid evolving demand trends.