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CFA Level 2
Equity Investments

Industry Classification of a Diversified Energy Company

Medium Industry And Company Analysis Industry Classification

As an equity analyst, you are tasked with classifying companies into appropriate sectors based on their primary business activities. One challenge arises when companies diversify their operations across multiple industries. For instance, consider a company that operates in both solar energy and traditional fossil fuel energy production. This company has shown significant revenue generated from both sectors. According to standard industry classification frameworks, how should this company be classified?

Hint

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