Fundamental and outlook for WDS

Hello fellas.

Just couldn't get my head around WDS.

I could be wrong on this knowing that the contrarian bet would be on oil and gas companies given that:
-Devaluation of it due to fundies and greenies moving away
-Lacking in new development (constrain on supply)
-Energy transition will be longer than expected and the world will still require stable energy sources

WDS:
-High quality assets
-Exposure to both domestic and international market

Macro factors:
-Macro factors seems to be supporting WDS
-Trump push on oil + gas

Just wanted to know for those with more experiences on what was missing for WDS, or is it just a waiting game.

The cycle for ASX energy listed provides have been beaten down for some time now.