On Wednesday, the Bloomberg commodity spot index, which tracks futures contracts for 23 energy, metals and crops, rose 1%, breaking the record high set in October. The index has doubled since hitting a four-year low in March 2020. The biggest increases this year are crude oil, natural gas, diesel and gasoline. The recovery in demand and the easing of concerns about Omicron mutants have been hit by the European energy crisis, supply constraints and the crisis in Russia and Ukraine, and commodities have continued to rise. Goldman Sachs Group and other Wall Street giants have been singing more.
Crude oil hit a new high in more than seven years, breaking through 90 US dollars in the oil distribution market.
International oil prices also continued to strengthen in midday trading on Wednesday. Brent crude hit $90 a barrel for the first time since 2014, while US energy stocks rose collectively.$Petroleo Brasileiro SA Petrobras (PBR.US) $、$Schlumberger (SLB.US) $、$Lockheed Martin Corp (LMT.US) $、$South Africa Sasol (SSL.US) $And so on to reach a new high again.
A number of stocks have risen by more than or nearly 30% a year, and the energy sector has become the best performer since the beginning of the year.$Halliburton (HAL.US) $An annual increase of more than 34%$Schlumberger (SLB.US) $Up nearly 33%$South Africa Sasol (SSL.US) $Up nearly 29%$Western Oil (OXY.US) $The annual increase is nearly 28%.
On January 26, US stocks hit a new high, with energy stocks accounting for more than half of the country.
The era of post-epidemic is coming? Wall Street traders have made advance bets on energy and banking stocks
Wall Street's preference has shifted to energy and banking stocks, assets that can benefit from an economic upturn.
Wells Fargo & Co's stock portfolio rose in the big wave of U. S. economic recovery. Compared with interest rate-sensitive technology stocks, these stocks have rebounded to epidemic levels. The rebound in commodity prices is further evidence that the investment and consumption cycle is rebounding. The overweight allocation of technology stocks has fallen to its lowest level since 2008 because they prefer assets such as investment banks and energy stocks that can benefit from the economic upturn, according to a survey of global fund managers by Bank of America Corporation on Tuesday.
In fact, energy stocks have done well in 2021. In the face of soaring inflation and a strong rebound in oil prices, the result is not surprising. Bloomberg analysis said that although the Omicron wave has not subsidedBut escalating geopolitical tensions pose a threat to supply, and strong end demand is propping up oil prices.
In this situation, Wall Street institutions are collectively bullish, with Goldman Sachs Group and Morgan Stanley shouting that the price will reach the $100 mark later this year, and Bank of America Corporation estimates that oil prices will reach $120 a barrel in the summer. JPMorgan Chase & Co said on Friday that international oil prices could soar to $150 a barrel in the first quarter of 2022 if the ongoing conflict between Russia and Ukraine leads to a supply shock.
Energy sector performance eye-catching, specific to individual stocks, what are the investment opportunities?
From the perspective of the source composition of energy resources, it is mainly composed of five parts: oil, natural gas, coal, renewable energy and electricity. The following is the target of energy-related investment to be combed by you for reference.
1. Petroleum
Exxon Mobil Corp is the world's largest energy company, mainly engaged in the exploration, production, transportation and sales of crude oil and natural gas. Exxon Mobil Corp is also engaged in the manufacture, transportation and sale of petroleum products, the sale of commercial petrochemical products and a series of special products.
Chevron Corp is a multinational energy company covering all aspects of the oil, gas and geothermal industries in more than 180 countries. Chevron Corp is engaged in hydrocarbon exploration and production, hydrocarbon refining, marketing and transportation, chemical manufacturing and sales and power generation.
ConocoPhillips is a world-renowned multinational energy company with core businesses including oil and gas exploration, production, processing and marketing, as well as the production and sales of chemicals and plastic products. ConocoPhillips is famous for its deep-sea exploration and production technology, reservoir management and development, 3D seismic technology and high-grade petroleum coke improvement technology.
ConocoPhillips bought Royal Dutch Shell's West Texas assets for $9.5 billion on Sept. 20, making it the second-largest oil and gas producer in the United States, a big investment that marks a shift in strategy. ConocoPhillips bought rival Concho Resources for $13.3 billion nine months ago.
BP P.L.C. is one of the largest private oil companies in the world, mainly engaged in oil and gas exploration and development, oil refining, natural gas sales and power generation, oil retail and transportation, and the production and sale of petrochemical products. In addition, the company's business in solar power generation is growing.
Carbon trading accounts for about 5 per cent of BP P.L.C. 's trading activities, and has contributed between $50 million and $100m in annual trading profits over the past two years, according to people familiar with the business. BP P.L.C. 's overall annual trading profit over the past two years has been between $3.5 billion and $4 billion, it said.
EOG Energy is one of the largest independent oil and gas companies in the United States, with proven reserves in the United States, Canada, Trinidad and the North Sea of the United Kingdom. It produces oil, natural gas liquids and natural gas in the United States, Canada, Trinidad, Tobago and China. EOG Energy has proven reserves of more than 3.3 billion barrels of oil equivalent, mainly in the United States.
Vanguard Natural Resources (PXD.US) $：
Pioneer Natural Resources is a company engaged in oil and gas exploration and production, as well as integrated services including oil and gas technology, royalties, well services and water management.
Marathon Petroleum is an oil refining company mainly engaged in the refining, marketing and transportation of petroleum products, petrochemicals and gasoline, which are mainly sold in Marathon brand outlets and its retail subsidiary Speedway LLC. Marathon operates 16 refineries in the United States with a crude oil capacity of more than 3 million barrels per day.
2. Natural gas
Williams is an energy infrastructure company focused on connecting North American oil and gas resources to growing markets through natural gas, natural gas liquids and olefins. The company's main business is located in the United States, but it spans from the deep waters of the Gulf of Mexico to the Canadian oil sands. Through its joint venture company Williams Partners L.P. It controls a large number of its rights and interests in intercontinental gas pipelines, domestic mid-stream and domestic olefin production.
Amenon is a utility holding company that provides electricity and natural gas services. It has rate-regulated power generation, transmission and distribution networks in Missouri and Illinois that can transport electricity and natural gas.
3. Coal
$Peabody Energy Corporation (BTU.US) $：
Peabody Energy is the world's largest private coal company with stakes in 26 coal mining operations in the United States and Australia. In addition to the mining business, the company sells, brokers and trades coal through its trading and brokerage divisions.
Aziz Coal is one of the world's largest coal producers, selling large amounts of coal to coal-fired power plants, steel mills and industrial facilities, often used by end-users as steam coal and metallurgical coal. The company's income mainly comes from the sales of coal and the income of its subsidiary ADDCAR.
$Alliance Resource Partners LP (ARLP.US) $：
Alliance Resource is a diversified producer and coal distributor serving utilities and industrial users in the United States. The company started mining business in 1971. Since then, it has grown into a coal producer of bottom singles in the eastern United States through acquisitions and internal development.
$Natural Resource Partners LP (NRP.US) $：
Natural Resource owns, manages and leases a diversified portfolio of mineral assets in the United States, including interests in coal and other natural resources. The company has coal reserves in three major coal-producing areas in the United States: lignite reserves in Appalachia, the Illinois Basin and the western United States, and along the Gulf Coast.
4. Renewable energy
$Clean Energy Fuels Corp. (CLNE.US) $：
Clean Energy Fuel is one of the largest suppliers of clean fuel in the transportation market. The company is committed to transport decarbonization by developing and delivering renewable natural gas (RNG). The company can actually reduce greenhouse gas emissions from thousands of cars. It also does this through a large network of gas stations operating in the United States and Canada.
Enphase Energy is a renewable energy company and the world's leading supplier of solar + energy storage systems based on micro inverters. The company also provides smart, easy-to-use solutions that connect solar power generation, storage and energy management to one platform.
The company has shipped more than 34 million miniature inverters and approximately 1.5 million Enphase-based systems to more than 130 countries.
First Solar is committed to designing, manufacturing, selling and distributing photovoltaic solar power systems and solar modules.
In response to the sharp rise in demand, first Solar earlier announced that it would spin off its non-core business and focus on what it does best-solar panel manufacturing. Moreover, the company's management is planning to invest more than $1 billion to expand production capacity. First Solar, which supplied about 16 per cent of solar panels to the US last year, is confident of playing a bigger role and plans to roughly double its global capacity by 2023 by building new plants in Toledo and India.
Blink is a company that sells and operates charging stations for electric vehicles. Its main product is its Blink electric vehicle charging network, that is, electric vehicle charging equipment and charging services. Blink uses the company's proprietary cloud software to operate, maintain, and track electric vehicle charging stations and related charging data connected to the network, and has laid out charging networks in many locations across the United States.
Blink has deployed more than 23000 electric vehicle charging stations in the United States, Europe and the Middle East. Generate revenue through single charging, sales of electric vehicle charging hardware, provision of services, cooperation, advertising and so on.
5. Electricity
$NextEra Energy Inc (NEE.US) $：
NextEra Energy Inc is an electric power and energy infrastructure company. It operates through the following business units: FPL and NEER. The FPL division is primarily engaged in the generation, transmission, distribution and sale of electricity in Florida; the NEER division produces electricity through clean and renewable energy, including wind and solar energy.
The company has also invested more in battery energy storage, with plans to build nearly 700 megawatts of energy storage projects in California by the end of 2022.
Duke Energy Corp is one of the largest power companies in the United States. Its power generation business provides power supply and transmission services to more than 4 million users in five states in the United States.
Prior to this, Duke Energy Corp's company eTransEnergy was nominated by General Motors Co as the preferred supplier to help General Motors Co team and BrightDrop customers transition to electric vehicles through General Motors Co Ultium Charge 360 services. Duke Energy Corp launched eTransEnergy in February 2021 as a wholly owned subsidiary to provide energy transport services to logistics, service and last mile delivery companies, as well as school districts and transportation institutions.
$first Energy Company (FE.US) $：
First Energy has a wide range of energy services such as power regulation and distribution and power transmission, ranking it as the fourth largest power supply company in the United States. The company owns and operates a full range of facilities including fossil fuels, coal, nuclear, oil and gas, wind, solar and hydropower, providing electricity and gas services to Ohio, New Jersey and Pennsylvania.
Exron Power is the largest nuclear power company in the United States, with 10 power plants and an annual generating capacity of 18000 megawatts, accounting for 20% of the nuclear power generation in the United States. On August 20, 2021, 2021 Hurun ranked 408th with an enterprise valuation of 285.3 billion yuan.
Edit / Phoebe, irisz