Time to get in to OIL and energy sector

This is just one of major oil companies which is undervalued. But The whole energy and oil/gas sector both mid cap and large cap are underperforming for the past years.
Time to get long in to that.

Technicals of this specific company: a simple break out.

Political situation: Oil is emotional /political risk asset and now we have major escalation with US/IRAN and Oil fields in mid east are at major risk. Also US oil production showed weakness in recent months, further decreasing the supply.