Oil, Refining & Electric Utilities

Own operating energy businesses rather than the equipment suppliers serving them: integrated oil companies, fuel refiners and electricity utilities. The basket pairs strengthening oil franchises with power operators that have lagged, seeking diversification across fuel margins, commodity production and electricity demand. Unlike a dedicated hydrocarbon or AI-power basket, this portfolio spreads exposure across the businesses that produce and deliver usable energy; commodity swings, refining cycles and utility financing costs remain key risks. Launch basket (equal weight): XOM, CVX, VLO, VST, NEE, MPC, PSX Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.