证券之星消息，1月28日燃气板块较上一交易日上涨0.56%，新天然气领涨。当日上证指数报收于 4151.24，上涨0.27%。深证成指报收于14342.9，上涨0.09%。燃气板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 603393 | 新天然气 | 31.33 | 4.57% | 24.82万 | | 7.69亿 | | 300483 | 首华燃气 | 17.40 | 4.44% | 55.18万 | | 9.42 G | | 300332 | 天壕能源 | 5.90 | 4.06% | 46.63万 | | 2.71亿 | | 600617 | 国新能源 | 3.30 | 3.12% | 47.27万 | | 1.54亿 | | 605368 | 蓝天燃气 | 8.64 | 3.10% | 13.99万 | | 1.19亿 | | 001299 | 美能能源 | 13.46 | 3.06% | 11.50万 | | 1.53亿 | | 600333 ...

证券之星消息，1月26日燃气板块较上一交易日下跌0.31%，胜通能源领跌。当日上证指数报收于 4132.61，下跌0.09%。深证成指报收于14316.64，下跌0.85%。燃气板块个股涨跌见下表： 从资金流向上来看，当日燃气板块主力资金净流入2400.48万元，游资资金净流入1.15亿元，散户资金净 流出1.39亿元。燃气板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000593 德龙汇能 | | 1.36亿 | 17.28% | -2565.67万 | -3.27% | -1.10 Z | -14.01% | | 603393 新天然气 | | 6805.32万 | 12.75% | -1199.37万 | -2.25% | -5605.95万 | -10.50% | | 000407 胜利股份 | | 6494.99万 | 6.09% | -1000.04万 | -0.94% | - ...

石化周报 中东地缘风声再起，建议关注后续演变 glmszqdatemark 重点公司盈利预测、估值与评级 | 代码 | 简称 | 股价 | | EPS（元） | | | PE（X） | | 评级 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | （元） | 2024A | 2025E | 2026E | 2024A | 2025E | 2026E | | | 601857.SH | 中国石油 | 9.83 | 0.90 | 0.87 | 0.89 | 11 | 11 | 11 | 推荐 | | 600938.SH | 中国海油 | 31.40 | 2.90 | 2.60 | 2.68 | 11 | 12 | 12 | 推荐 | | 600028.SH | 中国石化 | 6.15 | 0.41 | 0.31 | 0.34 | 15 | 20 | 18 | 推荐 | | 603619.SH | 中曼石油 | 28.23 | 1.76 | 1.48 | 1.99 | 16 | 19 | 14 | 推荐 | | 603393.S ...

相对走势 石化周报 中东地缘风声再起，建议关注后续演变 glmszqdatemark 重点公司盈利预测、估值与评级 | 代码 | 简称 | 股价 | | EPS（元） | | | PE（X） | | 评级 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | （元） | 2024A | 2025E | 2026E | 2024A | 2025E | 2026E | | | 601857.SH | 中国石油 | 9.83 | 0.90 | 0.87 | 0.89 | 11 | 11 | 11 | 推荐 | | 600938.SH | 中国海油 | 31.40 | 2.90 | 2.60 | 2.68 | 11 | 12 | 12 | 推荐 | | 600028.SH | 中国石化 | 6.15 | 0.41 | 0.31 | 0.34 | 15 | 20 | 18 | 推荐 | | 603619.SH | 中曼石油 | 28.23 | 1.76 | 1.48 | 1.99 | 16 | 19 | 14 | 推荐 | | 603 ...

Core Viewpoint - The A-share market shows positive momentum with the Shanghai Composite Index closing at 4122.58 points, above the annual line, reflecting a slight increase of 0.14% [1] Group 1: Market Performance - The total trading volume of A-shares reached 27,165.07 billion yuan [1] - 120 A-shares have surpassed the annual line, indicating a bullish trend in the market [1] Group 2: Notable Stocks - Stocks with significant deviation rates include: - Teruisi (特瑞斯) with a deviation rate of 22.45% and a daily increase of 29.98% [1] - Qingyun Technology (青云科技) with a deviation rate of 17.76% and a daily increase of 20.00% [1] - Zhongbei Communication (中贝通信) with a deviation rate of 9.06% and a daily increase of 10.00% [1] - Other stocks with smaller deviation rates that have just crossed the annual line include: - Meiansen (梅安森) and Founder Securities (方正证券) [1]

每经AI快讯，1月22日，天然气概念股走强，蓝焰控股、石化油服涨停，潜能恒信、中泰股份、胜利股 份、新天然气等涨幅居前。 （文章来源：每日经济新闻） ...

Investment Rating - The report maintains an "Accumulate" rating for the gas industry [1] Core Viewpoints - The report highlights that heating demand and escalating US-Iran tensions have led to a significant increase in overseas gas prices, with US HH prices rising by 10.2% and European TTF prices soaring by 32.4% as of January 16, 2026 [5][10] - The report emphasizes the importance of the commercial aerospace sector in enhancing the value and market share of specialty gases, particularly for companies like Jiufeng Energy [5] Price Tracking - As of January 16, 2026, the week-on-week changes in gas prices are as follows: US HH +10.2%, European TTF +32.4%, East Asia JKM +16.6%, China LNG ex-factory +0.9%, and China LNG CIF +10.1%, with prices reaching 0.8, 3.3, 2.8, 2.6, and 2.6 yuan per cubic meter respectively [10][11] Supply and Demand Analysis - The report notes that the US gas price has increased due to heightened tensions in the Middle East, with a week-on-week decrease in storage levels of 710 billion cubic feet, bringing total storage to 31,850 billion cubic feet, a year-on-year increase of 2.2% [16] - European gas prices have surged due to significantly lower temperatures compared to previous years, with a reported consumption increase of 4.1% year-on-year for the first nine months of 2025, totaling 313.8 billion cubic meters [17] Domestic Market Overview - The report indicates that domestic gas prices have increased by 0.9% week-on-week, with a total apparent consumption of 392 billion cubic meters in China for the first eleven months of 2025, reflecting a year-on-year increase of 1.5% [21][26] - The domestic LNG import price averaged 3,384 yuan per ton in November 2025, showing a year-on-year decrease of 18.3% [26] Pricing Mechanism Progress - The report states that 67% of cities have implemented residential pricing adjustments, with an average increase of 0.22 yuan per cubic meter, indicating ongoing efforts to optimize costs for city gas companies [36] Investment Recommendations - The report recommends focusing on companies that can optimize costs and benefit from the ongoing pricing adjustments, highlighting New Hope Energy, China Resources Gas, and Kunlun Energy as key investment opportunities [5] - It also suggests monitoring companies with quality long-term contracts and flexible operations, such as Jiufeng Energy and New Hope Holdings, for their potential in the commercial aerospace sector [5]

Investment Rating - The report maintains a "Buy" rating for the following companies: China National Petroleum Corporation (PetroChina), China National Offshore Oil Corporation (CNOOC), Sinopec Limited, Zhongman Petroleum, and New Natural Gas [2][3]. Core Insights - The report highlights that geopolitical tensions, particularly between the US and Iran, are driving oil prices to fluctuate within a narrow range, with a slight increase observed in the past week. The market is currently facing concerns over supply surplus, which is expected to dominate oil price movements in the short term [7][10]. - The report suggests three main investment themes: 1. Focus on industry leaders with stable performance and high dividends, specifically PetroChina and Sinopec. 2. CNOOC is recommended due to its low production costs and consistent output growth, which enhances earnings certainty. 3. New Natural Gas and Zhongman Petroleum are highlighted for their growth potential in production, supported by domestic policies encouraging oil and gas exploration [12][13]. Summary by Sections 1. Weekly Insights - The report discusses the impact of the US-Iran situation on oil prices, noting a slight increase in Brent crude prices to $64.13 per barrel, up 1.25% week-on-week, and WTI prices at $59.44 per barrel, up 0.54% [11][12]. 2. Market Performance - As of January 16, the oil and petrochemical sector saw a slight decline of 0.4%, while the broader market (CSI 300) fell by 0.6%. The report notes that the petrochemical sector outperformed the CSI 300 index [15][17]. 3. Industry Dynamics - The report outlines various geopolitical events affecting oil supply, including disruptions in Kazakhstan and developments in Venezuela's oil production. It also mentions the expected oil production figures from Azerbaijan for 2025 [24][25]. 4. Company Performance - The report lists the top-performing companies in the petrochemical sector, with Bohai Chemical leading with a 15.54% increase, while Shengtong Energy experienced the largest decline at 14.94% [21][22]. 5. Oil and Gas Price Tracking - The report provides detailed tracking of oil and gas prices, indicating fluctuations in both futures and spot prices. For instance, NYMEX natural gas futures closed at $3.11 per million British thermal units, down 1.02% week-on-week [50][51].

Group 1 - Tongyuan Petroleum, based in Chengdu, is a leading company in perforation technology, providing a full range of oil and gas engineering services, and is well-positioned to benefit from rising oil prices through increased orders and revenue [1][36] - Huai Oil Co., located in Jiangsu, has a stable oil and gas production base and benefits from regional cooperation, allowing for dual revenue growth during rising oil prices [2][37] - CNOOC Services, the largest marine oil and gas engineering service provider in China, is set to see significant increases in drilling platform utilization and service orders due to rising oil prices [3][38] Group 2 - Sinopec Oilfield Services, a leading player in oil and gas engineering services, is expected to benefit from increased internal orders and global oil development opportunities as oil prices rise [4][39] - Beiken Energy, based in Xinjiang, focuses on oilfield technical services and is well-positioned to expand its business in response to rising oil prices and increased exploration activities in the western oil and gas regions [5][41] - Zhongman Petroleum, with integrated oil and gas exploration and service capabilities, is likely to see increased orders and revenue from both domestic and international projects as oil prices rise [6][42] Group 3 - Potential Energy, specializing in oil and gas exploration technology services, is expected to benefit from increased demand for high-precision exploration services as oil prices rise [8][43] - China National Offshore Oil Corporation, the largest offshore oil producer in China, is positioned to benefit from rising oil prices through increased revenue from oil sales and a focus on deepwater development [9][44] - Bomeike, focusing on marine oil and gas engineering equipment, is set to see increased demand for its products as marine oil and gas projects accelerate due to rising oil prices [10][45] Group 4 - Blue Flame Holdings, a leader in coalbed methane development, is expected to benefit from rising demand for clean energy and increased coalbed methane sales prices as oil prices rise [11][47] - Shouhua Gas, with a comprehensive natural gas business model, is likely to see revenue growth from both upstream exploration and downstream distribution as oil prices and natural gas prices rise [12][48] - CNOOC Engineering, a leading marine oil and gas engineering construction company, is expected to gain stable orders and enhance profitability through deep cooperation with CNOOC as oil prices rise [13][49] Group 5 - Intercontinental Oil and Gas, focusing on overseas oil resource development, is well-positioned to benefit from rising oil prices through increased sales revenue from its overseas oil fields [14][50] - Guanghui Energy, a comprehensive energy service provider, is expected to see significant revenue growth from its oil and gas extraction and LNG production businesses as oil prices rise [15][51] - CNOOC Development, providing comprehensive marine oil and gas services, is likely to see increased demand for its services as oil production rises due to higher oil prices [16][52] Group 6 - China Petroleum Engineering, a leading oil and gas engineering construction company, is set to benefit from increased orders due to rising oil prices and expanded overseas market opportunities [18][54] - New Natural Gas, focusing on natural gas exploration and distribution, is expected to see revenue growth from both upstream and downstream operations as oil and natural gas prices rise [19][55] - ST Xinchao, despite its current ST status, is expected to see improved performance from its oil and gas business as oil prices rise, benefiting from the synergy between its oil and chemical operations [20][56]

Investment Rating - The report maintains an "Accumulate" rating for the gas industry [1] Core Viewpoints - The temperature is expected to rise to normal levels, leading to a decrease in gas prices in Europe and the US [4][9] - The overall supply of gas is sufficient, with domestic gas prices showing a week-on-week decrease of 1.4% [21] - The report emphasizes the importance of optimizing costs for city gas companies and the ongoing adjustment of pricing mechanisms [50] Price Tracking - As of January 9, 2026, the week-on-week changes in gas prices are as follows: US HH -27.5%, European TTF -5.7%, East Asia JKM -1.4%, China LNG ex-factory -1.4%, and China LNG CIF -4.8% [4][10] - The average daily gas generation in Europe increased by 26.8% week-on-week and 109.7% year-on-year to 1635.8 GWh [16] Supply and Demand Analysis - The US natural gas market price decreased by 27.5% week-on-week due to rising temperatures, with storage levels down by 1190 billion cubic feet to 32560 billion cubic feet [14] - European gas consumption from January to September 2025 was 313.8 billion cubic meters, a year-on-year increase of 4.1% [16] - Domestic gas consumption from January to November 2025 increased by 1.5% year-on-year to 392 billion cubic meters [21] Pricing Progress - Nationwide pricing adjustments are gradually being implemented, with 67% of cities having executed residential pricing adjustments, averaging an increase of 0.22 yuan per cubic meter [34] - The report indicates that there is still a 10% room for price adjustment in city gas companies [34] Investment Recommendations - The report recommends focusing on companies that can optimize costs and benefit from the ongoing pricing adjustments, such as Xin'ao Energy, China Resources Gas, and Kunlun Energy, all with dividend yields around 4.8% [51] - It also highlights the importance of companies with quality long-term contracts and flexible scheduling, such as Jiufeng Energy and Xin'ao Shares [51] - The report suggests paying attention to companies with gas production capabilities, such as Shouhua Gas and New Natural Gas, due to the increasing uncertainty in US gas imports [51]