Energy stocks make up just 4.2% of the overall S&P 500, said Silverblatt, but if you remove them from the mix earnings across the index would likely fall by about 2% this quarter. While war in the Ukraine and the related unpredictability hurt almost all sectors of the market, oil benefitted. "The gains in energy follow a 'barbell' motif -- there's strength on both ends," wrote Sam Stovall of CFRA. On the upstream side, West Texas Intermediate oil, the US benchmark, averaged alm...
