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Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

The Portfolio Selector features the Argus Focus List, a group of 30 "best idea" stocks generated and regularly updated by Argus' analysts and investment policy committee. It also includes the director of research’s monthly investment strategy column, stock recommendations and sector picks, economic forecasts, and an asset allocation model. This month, the Focus List additions are Ameriprise Financial Inc (AMP); Baker Hughes Co (BKR); Packaging Corp of America (PKG); Cloudflare Inc (NET) and the Focus List deletions are American Intl Grp In (AIG); DuPont de Nemours Inc (DD); Palo Alto Networks Inc (PANW); Shell Plc (SHEL).

ConocoPhillips is the world's largest independent E&P company based on production and proved reserves. Based in Houston, ConocoPhillips had operations and activities in 13 countries, $96 billion of total assets, and approximately 9,900 employees at December 31, 2023.

BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2023, reserves stood at 6.8 billion barrels of oil equivalent, 55% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day.