NEW YORK (TheStreet) -- Large-cap energy stocks, major energy-based companies with $10 billion or more in stocks, are a must to watch. While the energy field is no stranger to volatility, after underperforming for the past three years the sector has surged, showing signs of a rebound that has raised it 6.5% this year already.
"There's always something happening -- good or bad -- within the energy industry, whether it's around energy conservation and efficiency or fuel production," says Abe Issa, founder and CEO of Global Efficient Energy, a Texas firm that provides commercial and residential energy solutions.
Here are five notable large-cap energy stocks making upward strides:
PLL, based in Allentown, Pa., is an energy and utilities holding company that supplies power throughout the U.S. and U.K. via fossil-fuel, nuclear and renewable energy means. While nothing is ever guaranteed in the stock market, analysts are optimistic about this company, predicting it to grow 2.3% over the next decade.
Chesapeake Energy is the second-largest natural gas producer in the U.S. and showed profit last quarter with a 9.61% profit margin. Natural gas prices are expected to rebound once liquefied natural gas exports begin, spurring commerce for this industry and company alike.
With oil energy still a crucial component of the U.S. economy, Chevron is a must to watch year over year. Chevron, a household name and leader in integrated energy, posted a healthy 3.2% dividend this year and a profit margin of 11.09%.