-- 周五下午晚些时候,能源股大幅下跌,纽约证券交易所能源板块指数下跌3.7%,道富能源精选板块SPDR ETF(XLE)下跌2.8%。 费城石油服务板块指数下跌1.1%,道琼斯美国公用事业指数下跌0.5%。 行业新闻方面,由于伊朗外长表示,在黎巴嫩停火后,霍尔木兹海峡“完全开放”,油价周五暴跌。伊朗外长赛义德·阿巴斯·阿拉格奇周五在X平台上发帖称:“根据黎巴嫩停火协议,在停火剩余时间内,所有商船均可完全通过霍尔木兹海峡。” 近月西德克萨斯中质原油期货价格暴跌11%,至每桶84.23美元;全球基准布伦特原油期货价格下跌9.2%,至每桶90.28美元。亨利枢纽天然气期货价格上涨1.2%,至每百万英热单位2.68美元。 在公司新闻方面,雪佛龙(CVX)、埃克森美孚(XOM)和其他主要石油公司周五获得美国最高法院的支持。根据一份法庭文件,最高法院裁定,路易斯安那州官员提起的指控这些公司破坏该州沿海地区的诉讼应从州法院移交至联邦法院审理。雪佛龙股价下跌2.1%,埃克森美孚股价下跌3.6%。 据彭博社报道,阿斯塔纳一家法院维持了对哈萨克斯坦卡沙甘油田运营商北里海作业公司(North Caspian Operating Co.)处以的2.356万亿坚戈(约合50亿美元)的环境罚款。该公司股东包括埃克森美孚、壳牌(SHEL)、道达尔能源(TTE)和埃尼(E)等公司。壳牌股价下跌4%,道达尔能源下跌4.1%,埃尼下跌5.6%。 巴西石油公司(Petrobras,股票代码:PBR)周五宣布,已与奥兰托石油公司(Oranto Petroleum)签署协议,收购圣多美和普林西比3号区块(一处海上勘探区块)75%的作业权益并接管其运营权。巴西石油公司股价下跌4.9%。 多家券商下调了能源供应商Exelon(股票代码:EXC)的评级,导致其股价下跌1.2%。
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Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.
Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled
The Tadawul All Share Index closed Sunday 0.11% higher as investors assessed the latest updates regarding the conflict in the Middle East.US President Donald Trump said on his Truth Social account that the Pakistani trip for his envoys, Steve Witkoff and Jared Kushner, was canceled. The announcement dimmed the hopes for peace talks between Iran and the US to happen any time soon.Further to this, Israel launched an attack in Lebanon on April 25. The strikes, which targeted Hezbollah, resulted in four casualties and facility damage in Southern Lebanon.Back at home, Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, and Thob Al Aseel (SASE:4012) posted their financial results for the three months ended March 31. Petro Rabigh emerged from a loss in the first quarter, while Thob Al Aseel logged a higher net profit and revenue."The reason for net profit reported during the current quarter compared to a net loss recorded in the same quarter of last year was primarily attributable to improved product margins resulting from stronger refined product pricing and higher sales volumes," Petro Rabigh said in its report.Petro Rabigh rose 10% at closing, while Thob Al Aseel ticked down 1.59%.Meanwhile, the local calendar will be mostly empty except for the kingdom's preliminary figures for its GDP growth rate for the first quarter and the M3 money supply and private bank lending data for March on Thursday.
Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.