Investors focused on the Oils-Energy space have likely heard of BP p.l.c. (BP Quick QuoteBP - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.

BP p.l.c. is one of 329 companies in the Oils-Energy group. The Oils-Energy group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. BP is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for BP's full-year earnings has moved 1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, BP has returned 0.64% so far this year. Meanwhile, the Oils-Energy sector has returned an average of 0.28% on a year-to-date basis. This means that BP p.l.c. is outperforming the sector as a whole this year.

Looking more specifically, BP belongs to the Oil and Gas - Integrated - International industry, which includes 14 individual stocks and currently sits at #45 in the Zacks Industry Rank. Stocks in this group have gained about 0.35% so far this year, so BP is performing better this group in terms of year-to-date returns.

Investors in the Oils-Energy sector will want to keep a close eye on BP as it attempts to continue its solid performance.