Market can't keep growing, it needs to breathe. The fundamentals of these companies do not change, only the growth may slowdown a little. Go for it when its PE is back to earth level.
Depends if you are going for growth or dividend. Oil cos dividend may not grow as well as before with energy transition, but oil cos are evolving, exciting to see what's coming next!
This Bull Is Far From Over: 3 Undervalued Blue Chip Dividend Buys