The majority of the portfolio is owned by major players such as Exxon Mobil (XOM), Chevron Corp (CVX), and ConocoPhilips (COP). Additionally, the Energy Select Sector SPDR (Exeter) was poised to enter the second half of 2017 as demand for oil and gas stocks rose due to rising commodity prices, increasing inflationary pressures, and the perceived value of beaten-down stocks.