511 lines
41 KiB
HTML
511 lines
41 KiB
HTML
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<title>油气 (Oil & Gas) - 深度投研报告</title>
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<body class="text-slate-200 p-4 sm:p-6 lg:p-8">
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<div class="max-w-7xl mx-auto">
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<header class="text-center mb-8">
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<h1 class="text-4xl md:text-6xl font-bold fui-title text-cyan-300">油气 (Oil & Gas)</h1>
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<h2 class="text-2xl md:text-3xl font-bold fui-title text-cyan-400 mt-2">深度投研报告</h2>
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<p class="mt-4 text-sm text-slate-400 tracking-widest">北京价值前沿科技有限公司 AI投研agent：“价小前投研” 进行投研呈现，本报告为AI合成数据，投资需谨慎。</p>
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</header>
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<main class="space-y-8">
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<!-- Insight Section -->
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<section id="insight" class="glass-card rounded-3xl p-6 md:p-8">
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<h2 class="text-3xl font-bold mb-6 section-title">概念 Insight</h2>
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<div class="space-y-6 text-slate-300">
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<div>
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<h3 class="text-xl font-semibold text-cyan-400 mb-2">0. 概念事件</h3>
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<p>油气概念在近一两年内（2024-2025年）的活跃度由多重地缘政治、宏观经济及产业政策事件交织驱动，呈现出典型的事件驱动型特征。主要事件轴包括：地缘政治冲突轴（俄乌、巴以冲突）、OPEC+供给调控轴、以及国内能源安全与增储上产轴。</p>
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<div id="event-timeline-chart" class="w-full h-80 mt-4 rounded-xl"></div>
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</div>
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<div>
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<h3 class="text-xl font-semibold text-cyan-400 mb-2">1. 核心观点摘要</h3>
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<p class="leading-relaxed">油气概念本质上是<strong>双核驱动</strong>的投资主题：短期由<strong>地缘政治与OPEC+博弈</strong>引爆的油价预期驱动，呈现高波动、事件敏感的交易属性；长期则由<strong>国家能源安全战略</strong>下的国内增储上产和<strong>高股息国企价值重估</strong>所支撑，具备了显著的长期配置价值。当前，市场正从纯粹的油价博弈，逐步转向认知其稳定增长和高分红的“类公用事业”属性。</p>
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</div>
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<div x-data="{ open: false }">
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<h3 @click="open = !open" class="cursor-pointer text-xl font-semibold text-cyan-400 mb-2 flex justify-between items-center">
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<span>2. 核心逻辑与市场认知分析</span>
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<svg :class="{'rotate-180': open}" class="w-5 h-5 transition-transform" fill="none" stroke="currentColor" viewBox="0 0 24 24"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M19 9l-7 7-7-7"></path></svg>
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</h3>
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<div x-show="open" x-collapse.duration.500ms class="prose prose-invert max-w-none text-slate-300 space-y-4">
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<h4>核心驱动力</h4>
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<ul class="list-disc list-inside space-y-2">
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<li><strong>供给侧高度控盘与地缘政治风险溢价：</strong>OPEC+减产联盟（合计减产规模高达586万桶/日）是油价的“压舱石”。地缘冲突（如以色列袭击伊朗）为油价提供“风险溢价”。OPEC+国家高昂的财政盈亏平衡线（沙特等国需80-90美元/桶）决定了其维持高油价的强烈动机。</li>
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<li><strong>国内能源安全战略的确定性：</strong>塔里木、四川页岩气等勘探突破是国家能源安全战略体现，驱动“三桶油”持续高资本开支（中海油2024年预算1250-1350亿元），利好油服设备公司。</li>
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<li><strong>全球上游资本开支不足与美国页岩油增速放缓：</strong>全球油气上游资本开支仍未恢复至2019年水平。美国页岩油因成本上升（2024年盈亏平衡油价接近50美元/桶）和资本纪律，产量增速显著放缓，强化了OPEC+的定价权。</li>
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<li><strong>国企价值重估与高股息吸引力：</strong>低利率背景下，“三桶油”高分红策略极具吸引力（中海油分红率有望达10%，中石油股息率超5%），吸引长线配置资金。</li>
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</ul>
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<h4>市场热度与情绪</h4>
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<p>热度极高，板块频繁异动，是短线资金和机构高度关注领域。情绪分化：短线交易层面极度乐观且跟随事件摇摆；长线配置层面趋于谨慎乐观，普遍预测油价中枢维持在70-90美元/桶区间。</p>
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<h4>预期差分析</h4>
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<ol class="list-decimal list-inside space-y-2">
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<li><strong>从“油价Beta”到“成长Alpha”：</strong>市场普遍认为中海油是油价放大器，但忽略了其未来3-5年产量6%-7%的复合增速带来的内生性盈利增长（Alpha）。</li>
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<li><strong>美国页岩油的“天花板”：</strong>市场可能高估了美国页岩油的增产弹性和意愿，其成本上升（盈亏平衡油价近50美元/桶）限制了其快速响应能力。</li>
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<li><strong>天然气的战略价值被低估：</strong>市场焦点在原油，但中石油天然气业务占比已升至50%，国内天然气价格市场化加速，非常规气战略价值凸显。</li>
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</ol>
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</div>
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</div>
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<div x-data="{ open: false }">
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<h3 @click="open = !open" class="cursor-pointer text-xl font-semibold text-cyan-400 mb-2 flex justify-between items-center">
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<span>3. 关键催化剂与未来发展路径</span>
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<svg :class="{'rotate-180': open}" class="w-5 h-5 transition-transform" fill="none" stroke="currentColor" viewBox="0 0 24 24"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M19 9l-7 7-7-7"></path></svg>
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</h3>
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<div x-show="open" x-collapse.duration.500ms class="prose prose-invert max-w-none text-slate-300 space-y-4">
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<h4>近期催化剂 (未来3-6个月)</h4>
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<ul class="list-disc list-inside">
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<li>OPEC+部长级会议关于减产政策的决议。</li>
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<li>中东、俄乌等地缘政治事件的升级或缓和。</li>
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<li>美国大选结果及其对能源政策的影响。</li>
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<li>国内重大油气项目（如“深海一号”二期）的投产公告。</li>
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</ul>
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<h4>长期发展路径</h4>
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<ul class="list-disc list-inside">
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<li><strong>上游：</strong>从海外资源获取转向国内深层、深水、页岩油气等难动用储量的技术攻关。</li>
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<li><strong>中游：</strong>油服装备沿着“国产替代”路径走向高端，服务商向“勘探开发一体化”演进。</li>
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<li><strong>下游与转型：</strong>炼化企业加速“减油增化/增特”，油气巨头布局CCUS、氢能等实现低碳转型。</li>
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</ul>
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</div>
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</div>
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<div x-data="{ open: false }">
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<h3 @click="open = !open" class="cursor-pointer text-xl font-semibold text-cyan-400 mb-2 flex justify-between items-center">
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<span>4. 产业链与核心公司深度剖析</span>
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<svg :class="{'rotate-180': open}" class="w-5 h-5 transition-transform" fill="none" stroke="currentColor" viewBox="0 0 24 24"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M19 9l-7 7-7-7"></path></svg>
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</h3>
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<div x-show="open" x-collapse.duration.500ms class="prose prose-invert max-w-none text-slate-300 space-y-4">
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<h4>核心玩家对比</h4>
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<ul class="list-disc list-inside space-y-3">
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<li><strong>领导者 (价值中枢):</strong>
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<ul>
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<li><strong>中国海油:</strong> 逻辑最纯粹的油气开采龙头。优势在于低桶油成本(27.75美元)、清晰的产量增长路径(年均6-7%)和高股东回报。核心逻辑已从油价Beta转向成长Alpha。</li>
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<li><strong>中国石油:</strong> 最稳健的综合性能源巨头。优势在于全产业链布局抗风险，天然气业务(占比50%)提供第二增长曲线，估值具备重估潜力。</li>
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</ul>
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</li>
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<li><strong>追赶者 (高弹性):</strong>
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<ul>
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<li><strong>中曼石油:</strong> “油服转型油公司”的成功典范。优势在于极低的成本(桶油完全成本23.75美元/桶)和多基地增长潜力，风险在于海外运营不确定性。</li>
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</ul>
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</li>
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<li><strong>特色玩家 (细分赛道):</strong>
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<ul>
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<li><strong>杰瑞股份:</strong> 油服装备出海领导者。逻辑不完全依赖国内，受益于中东等海外市场需求，高端产品具备技术优势。</li>
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<li><strong>海油发展:</strong> 深度绑定CNOOC的“影子股”。增长确定性直接受益于中国海油的产量增长目标，逻辑清晰。</li>
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</ul>
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</li>
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</ul>
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<h4>验证与潜在证伪点</h4>
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<p><strong>验证：</strong>中国海油高增长逻辑得到财报印证；美国页岩油成本上升观点被成本分析证实。<strong>潜在证伪点：</strong>洲际油气研报描绘的宏大蓝图与市场短期炒作逻辑（海南自贸港壳资源）存在脱节，业绩尚未验证，风险较高。中国油气控股被清盘事件警示了行业内差等生的风险。</p>
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</div>
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</div>
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<div x-data="{ open: true }">
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<h3 @click="open = !open" class="cursor-pointer text-xl font-semibold text-cyan-400 mb-2 flex justify-between items-center">
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<span>5. 潜在风险与挑战</span>
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<svg :class="{'rotate-180': open}" class="w-5 h-5 transition-transform" fill="none" stroke="currentColor" viewBox="0 0 24 24"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M19 9l-7 7-7-7"></path></svg>
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</h3>
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<div x-show="open" x-collapse.duration.500ms class="prose prose-invert max-w-none text-slate-300 space-y-2">
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<ul class="list-disc list-inside space-y-2">
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<li><strong>地缘政治风险：</strong>行业最大的不可预测风险，中东、俄乌局势变化可能导致油价剧烈波动。</li>
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<li><strong>宏观经济与需求风险：</strong>全球经济衰退可能导致需求端坍塌，这是供给侧难以完全对冲的风险。</li>
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<li><strong>政策变动风险：</strong>美国大选后的能源政策、全球碳中和进程可能对行业长期需求和估值构成压制。</li>
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<li><strong>项目执行风险：</strong>海外项目面临所在国政局、工程进度等多重不确定性，存在投产不及预期的风险。</li>
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</ul>
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</div>
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</div>
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<div>
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<h3 class="text-xl font-semibold text-cyan-400 mb-2">6. 综合结论与投资启示</h3>
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<p class="leading-relaxed">油气概念已<strong>从纯粹的主题炒作阶段，进入了基本面驱动与主题催化并存的成熟阶段</strong>。以“三桶油”为代表的核心资产，其“高股息+稳定增长”的逻辑日益坚实，已具备穿越周期的配置价值。</p>
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<p class="mt-2 leading-relaxed"><strong>最具投资价值的细分环节：</strong>1) 核心E&P龙头 (如中国海油)； 2) 绑定核心油公司资本开支的油服 (如海油发展)； 3) 具备技术壁垒和海外优势的设备商 (如杰瑞股份)。</p>
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<p class="mt-2 font-semibold">需重点跟踪指标：Brent/WTI油价、OPEC+产量、EIA库存数据、核心公司产量及项目进度、主要国家制裁政策变化。</p>
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</div>
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</div>
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</section>
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<!-- Data Sources Grid -->
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<div class="bento-grid">
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<!-- News -->
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<div class="grid-span-6 glass-card rounded-3xl p-6 md:p-8" x-data="{ tab: 'market' }">
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<h2 class="text-2xl font-bold mb-4 section-title">新闻数据速览</h2>
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<div class="tabs tabs-bordered mb-4">
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<a class="tab" :class="{'tab-active': tab === 'market'}" @click.prevent="tab = 'market'">市场动态</a>
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<a class="tab" :class="{'tab-active': tab === 'explore'}" @click.prevent="tab = 'explore'">勘探生产</a>
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<a class="tab" :class="{'tab-active': tab === 'policy'}" @click.prevent="tab = 'policy'">政策基建</a>
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</div>
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<div class="prose prose-invert max-w-none text-slate-300 text-sm space-y-2">
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<div x-show="tab === 'market'">
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<ul class="list-disc list-inside space-y-2">
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<li><strong>地缘冲突驱动:</strong> 以色列对伊朗发动袭击 (2025-06-13) 引发油气股大涨，通源石油20CM涨停，准油股份走出4连板 (2025-06-18)。</li>
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<li><strong>OPEC+影响:</strong> 宣布12月温和增产 (2025-11-05)，洲际油气涨停。</li>
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<li><strong>油价联动:</strong> 国际原油期货价格上涨，多次带动A股油气概念活跃 (如2025-09-24, 2024-09-13)。</li>
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<li><strong>板块剧烈波动:</strong> 既有集体大涨，也有集体大跌 (2025-06-24)，显示高风险高波动特征。</li>
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</ul>
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</div>
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<div x-show="tab === 'explore'">
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<ul class="list-disc list-inside space-y-2">
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<li><strong>国内重大突破:</strong> 塔里木盆地发现180千米长油气富集区；四川盆地页岩气探井刷新垂深纪录；北部湾海域勘探获重大突破。</li>
|
||
<li><strong>产量新高:</strong> 塔里木油田超深层油气产量达1.5亿吨；延长石油年产油气当量突破2000万吨。</li>
|
||
<li><strong>国际动态:</strong> 美国宣布重启阿拉斯加油气开发计划；利比亚17年来首次启动油气勘探招标。</li>
|
||
</ul>
|
||
</div>
|
||
<div x-show="tab === 'policy'">
|
||
<ul class="list-disc list-inside space-y-2">
|
||
<li><strong>市场化改革:</strong> 国家能源局推进油气管网运销分离；重庆市深化天然气体制改革，支持大用户自主选择供气路径。</li>
|
||
<li><strong>人民币结算:</strong> 重庆探索海外油气资源直接销售，开展人民币跨境结算。</li>
|
||
<li><strong>基础设施建设:</strong> 我国油气主干管网总里程超10万公里，海底油气管道破万公里；我国建造最大国际海洋油气平台完工交付。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Roadshows -->
|
||
<div class="grid-span-6 glass-card rounded-3xl p-6 md:p-8" x-data="{ selectedRoadshow: '2025-03-11' }">
|
||
<h2 class="text-2xl font-bold mb-4 section-title">路演纪要精华</h2>
|
||
<select x-model="selectedRoadshow" class="select select-bordered w-full max-w-xs bg-black/30 mb-4">
|
||
<option value="2025-03-11">2025-03-11: 油价展望与供需</option>
|
||
<option value="2024-10-11">2024-10-11: 三大机构下调需求</option>
|
||
<option value="2024-07-05">2024-07-05: CNOOC产量增速</option>
|
||
<option value="2024-09-24">2024-09-24: 全球资本开支</option>
|
||
</select>
|
||
<div class="prose prose-invert max-w-none text-slate-300 text-sm space-y-2">
|
||
<div x-show="selectedRoadshow === '2025-03-11'">
|
||
<p><strong>油价展望:</strong> Q2需求旺季，油价有望企稳，布伦特中枢65-75美元。<strong>供给端:</strong> 欧佩克逐步增产，美国页岩油增速放缓。<strong>需求端:</strong> 2025年全球需求增量预测中枢提升至120-130万桶/天。<strong>公司观点:</strong> 中石油受益油价上行，中海油产量增长确定性高。</p>
|
||
</div>
|
||
<div x-show="selectedRoadshow === '2024-10-11'">
|
||
<p><strong>核心观点:</strong> OPEC、EIA、IEA三大机构下调2025年原油需求增速。<strong>油价展望:</strong> 2024年底-2025年中油价中枢预计75-80美元/桶。<strong>公司动态:</strong> 中海油圭亚那项目产量恢复，未来表观产量增速6-7%；中石油天然气业务量价双升。</p>
|
||
</div>
|
||
<div x-show="selectedRoadshow === '2024-07-05'">
|
||
<p><strong>核心观点:</strong> 美国页岩油增产受限，产量维持1320万桶/日低于预期。<strong>OPEC+政策:</strong> 延长减产至2025年底，支撑油价。<strong>公司动态:</strong> 中国海油未来3-5年产量复合增速6%-7%，圭亚那项目产量创新高；中国石油A股股息率超5%。</p>
|
||
</div>
|
||
<div x-show="selectedRoadshow === '2024-09-24'">
|
||
<p><strong>核心观点:</strong> 2024年全球上游资本开支仍未恢复至2019年水平。<strong>区域分化:</strong> 亚洲(中海油)与南美是主要增量来源，美国页岩油增速放缓。<strong>油价支撑:</strong> OPEC若维持纪律，布伦特油价底部支撑在70-80美元/桶。<strong>公司战略:</strong> 中海油产量目标年增7%，中石油天然气占比升至50%。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Research Reports -->
|
||
<div class="grid-span-12 glass-card rounded-3xl p-6 md:p-8" x-data="{ tab: '600759' }">
|
||
<h2 class="text-2xl font-bold mb-4 section-title">研报核心摘要</h2>
|
||
<div class="tabs tabs-bordered mb-4">
|
||
<a class="tab text-xs sm:text-sm" :class="{'tab-active': tab === '600759'}" @click.prevent="tab = '600759'">洲际油气</a>
|
||
<a class="tab text-xs sm:text-sm" :class="{'tab-active': tab === '603619'}" @click.prevent="tab = '603619'">中曼石油</a>
|
||
<a class="tab text-xs sm:text-sm" :class="{'tab-active': tab === '601857'}" @click.prevent="tab = '601857'">中国石油</a>
|
||
<a class="tab text-xs sm:text-sm" :class="{'tab-active': tab === '600938'}" @click.prevent="tab = '600938'">中国海油</a>
|
||
</div>
|
||
<div class="prose prose-invert max-w-none text-slate-300 text-sm space-y-2">
|
||
<div x-show="tab === '600759'">
|
||
<h4 class="text-cyan-400">洲际油气 (600759.SH)</h4>
|
||
<p><strong>核心战略:</strong> 聚焦海外油气勘探开发，"项目增值+项目并购"双轮驱动。<strong>资产布局:</strong> 哈萨克斯坦（核心产量基地）、伊拉克（增量空间）、阿尔巴尼亚（风险分散）。<strong>增长点:</strong> 哈萨克斯坦沙漠油田投产，伊拉克中标多个区块（Zurbatiya等）及南巴士拉综合项目提供远期巨大潜力。<strong>风险:</strong> 国际油价波动、地缘政治风险。</p>
|
||
</div>
|
||
<div x-show="tab === '603619'">
|
||
<h4 class="text-cyan-400">中曼石油 (603619.SH)</h4>
|
||
<p><strong>核心战略:</strong> 成功转型为"勘探开发-工程服务-装备制造"一体化油气公司。<strong>资产布局:</strong> 国内新疆温宿油田（产量高增长）、哈萨克斯坦坚戈/岸边油田（成本低）、伊拉克（2024年新中标两大区块）。<strong>核心优势:</strong> 桶油完全成本仅23.75美元，显著低于三桶油。<strong>风险:</strong> 油价下滑、勘探开发进度不及预期。</p>
|
||
</div>
|
||
<div x-show="tab === '601857'">
|
||
<h4 class="text-cyan-400">中国石油 (601857.SH)</h4>
|
||
<p><strong>业务进展:</strong> 国内最大油气生产商。<strong>非常规油气:</strong> 吉木萨尔页岩油示范区（储量超10亿吨）技术突破，产量目标140万吨。<strong>炼化转型:</strong> "减油增特"战略，发展高附加值产品。<strong>绿色融合:</strong> 布局CCUS（碳捕集）与碳驱油一体化项目。<strong>风险:</strong> 油价大幅波动、新项目投产不及预期。</p>
|
||
</div>
|
||
<div x-show="tab === '600938'">
|
||
<h4 class="text-cyan-400">中国海油 (600938.SH)</h4>
|
||
<p><strong>核心地位:</strong> 中国最大海上油气生产商。<strong>产量与成本:</strong> 2024H1产量同比增9.3%，桶油成本降至27.75美元。<strong>未来计划:</strong> 资本开支维持高位（1250-1350亿元），产量目标明确增长（2024年7-7.2亿桶油当量，至2026年8.1-8.3亿桶）。<strong>项目进展:</strong> 圭亚那项目再获亿吨级发现，国内“深海一号”二期等多个项目在建。<strong>风险:</strong> 新项目进度、油气价格波动。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Stocks Section -->
|
||
<section id="stocks" class="glass-card rounded-3xl p-6 md:p-8">
|
||
<h2 class="text-3xl font-bold mb-6 section-title">相关概念股</h2>
|
||
<div x-data="{ tab: 'main' }">
|
||
<div class="tabs tabs-bordered mb-4">
|
||
<a class="tab" :class="{'tab-active': tab === 'main'}" @click.prevent="tab = 'main'">产业链核心标的</a>
|
||
<a class="tab" :class="{'tab-active': tab === 'user'}" @click.prevent="tab = 'user'">用户贡献标的</a>
|
||
<a class="tab" :class="{'tab-active': tab === 'analysis'}" @click.prevent="tab = 'analysis'">涨幅分析补充</a>
|
||
</div>
|
||
|
||
<div x-show="tab === 'main'" class="overflow-x-auto">
|
||
<table class="table table-zebra w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>股票名称</th>
|
||
<th>股票代码</th>
|
||
<th>核心逻辑</th>
|
||
<th>产业链环节</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<!-- Data from C2317D7A... -->
|
||
<tr><td>中国海油</td><td><a href="https://valuefrontier.cn/company?scode=600938" target="_blank" class="text-cyan-400 hover:underline">600938</a></td><td>油气开采</td><td>上游-开采</td></tr>
|
||
<tr><td>中国石油</td><td><a href="https://valuefrontier.cn/company?scode=601857" target="_blank" class="text-cyan-400 hover:underline">601857</a></td><td>油气销售</td><td>全产业链</td></tr>
|
||
<tr><td>中国石化</td><td><a href="https://valuefrontier.cn/company?scode=600028" target="_blank" class="text-cyan-400 hover:underline">600028</a></td><td>石化</td><td>下游-炼化</td></tr>
|
||
<tr><td>中曼石油</td><td><a href="https://valuefrontier.cn/company?scode=603619" target="_blank" class="text-cyan-400 hover:underline">603619</a></td><td>钻井</td><td>中游-油服</td></tr>
|
||
<tr><td>杰瑞股份</td><td><a href="https://valuefrontier.cn/company?scode=002353" target="_blank" class="text-cyan-400 hover:underline">002353</a></td><td>装备</td><td>中游-装备</td></tr>
|
||
<tr><td>通源石油</td><td><a href="https://valuefrontier.cn/company?scode=300164" target="_blank" class="text-cyan-400 hover:underline">300164</a></td><td>射孔</td><td>中游-油服</td></tr>
|
||
<tr><td>贝肯能源</td><td><a href="https://valuefrontier.cn/company?scode=002828" target="_blank" class="text-cyan-400 hover:underline">002828</a></td><td>钻井</td><td>中游-油服</td></tr>
|
||
<tr><td>海油发展</td><td><a href="https://valuefrontier.cn/company?scode=600968" target="_blank" class="text-cyan-400 hover:underline">600968</a></td><td>油运</td><td>下游-运输</td></tr>
|
||
<tr><td>潜能恒信</td><td><a href="https://valuefrontier.cn/company?scode=300191" target="_blank" class="text-cyan-400 hover:underline">300191</a></td><td>油气开采</td><td>上游-开采</td></tr>
|
||
<tr><td>准油股份</td><td><a href="https://valuefrontier.cn/company?scode=002207" target="_blank" class="text-cyan-400 hover:underline">002207</a></td><td>工程服务</td><td>中游-油服</td></tr>
|
||
<tr><td>惠博普</td><td><a href="https://valuefrontier.cn/company?scode=002554" target="_blank" class="text-cyan-400 hover:underline">002554</a></td><td>工程服务</td><td>中游-油服</td></tr>
|
||
<tr><td>海默科技</td><td><a href="https://valuefrontier.cn/company?scode=300084" target="_blank" class="text-cyan-400 hover:underline">300084</a></td><td>装备</td><td>中游-装备</td></tr>
|
||
<tr><td>蓝焰控股</td><td><a href="https://valuefrontier.cn/company?scode=000968" target="_blank" class="text-cyan-400 hover:underline">000968</a></td><td>油气开采</td><td>上游-煤层气</td></tr>
|
||
<tr><td>和顺石油</td><td><a href="https://valuefrontier.cn/company?scode=603353" target="_blank" class="text-cyan-400 hover:underline">603353</a></td><td>油气销售</td><td>下游-销售</td></tr>
|
||
<tr><td>泰山石油</td><td><a href="https://valuefrontier.cn/company?scode=000554" target="_blank" class="text-cyan-400 hover:underline">000554</a></td><td>油气销售</td><td>下游-销售</td></tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
|
||
<div x-show="tab === 'user'" class="overflow-x-auto">
|
||
<table class="table table-zebra w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>股票名称</th>
|
||
<th>股票代码</th>
|
||
<th>核心逻辑</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<!-- Data from 2AC94C72... -->
|
||
<tr><td>通源石油</td><td><a href="https://valuefrontier.cn/company?scode=300164" target="_blank" class="text-cyan-400 hover:underline">300164</a></td><td>展井口气回收业务</td></tr>
|
||
<tr><td>潜能恒信</td><td><a href="https://valuefrontier.cn/company?scode=300191" target="_blank" class="text-cyan-400 hover:underline">300191</a></td><td>勘探开发一体化小型油气工程服务</td></tr>
|
||
<tr><td>美能能源</td><td><a href="https://valuefrontier.cn/company?scode=001299" target="_blank" class="text-cyan-400 hover:underline">001299</a></td><td>天然气销售业务与天然气设施设备安装业务</td></tr>
|
||
<tr><td>洪通燃气</td><td><a href="https://valuefrontier.cn/company?scode=605169" target="_blank" class="text-cyan-400 hover:underline">605169</a></td><td>天然气专业运营商</td></tr>
|
||
<tr><td>贝肯能源</td><td><a href="https://valuefrontier.cn/company?scode=002828" target="_blank" class="text-cyan-400 hover:underline">002828</a></td><td>一体化钻井工程技术服务商</td></tr>
|
||
<tr><td>海默科技</td><td><a href="https://valuefrontier.cn/company?scode=300084" target="_blank" class="text-cyan-400 hover:underline">300084</a></td><td>多相计量产品、压裂泵液力端</td></tr>
|
||
<tr><td>首华燃气</td><td><a href="https://valuefrontier.cn/company?scode=300483" target="_blank" class="text-cyan-400 hover:underline">300483</a></td><td>天然气开发和销售</td></tr>
|
||
<tr><td>准油股份</td><td><a href="https://valuefrontier.cn/company?scode=002207" target="_blank" class="text-cyan-400 hover:underline">002207</a></td><td>油田动态监测、井下技术作业、连续油管作业</td></tr>
|
||
<tr><td>胜通能源</td><td><a href="https://valuefrontier.cn/company?scode=001331" target="_blank" class="text-cyan-400 hover:underline">001331</a></td><td>LNG采购、运输和销售</td></tr>
|
||
<tr><td>德石股份</td><td><a href="https://valuefrontier.cn/company?scode=301158" target="_blank" class="text-cyan-400 hover:underline">301158</a></td><td>井下动力钻具等井下工具及井口装置</td></tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
<div x-show="tab === 'analysis'" class="space-y-4">
|
||
<div x-data="{ open: true }" class="collapse collapse-arrow bg-base-200/50">
|
||
<input type="checkbox" checked/>
|
||
<div class="collapse-title text-xl font-medium">
|
||
洲际油气 (600759) - 2025-11-05 涨幅: 10.16%
|
||
</div>
|
||
<div class="collapse-content prose prose-invert max-w-none text-slate-300">
|
||
<p><strong>核心结论:</strong> 涨停系“海南自贸港全岛封关+离岛免税纳入油气”政策套利资金抢筹最低市值海南油气壳资源所致。<strong>驱动概念:</strong> 海南自贸+离岛免税油气+油气贸易壳资源。<strong>基本面:</strong> 暂无新增产量，债务重组仍在推进，业绩拐点未现。回购价(2.32-2.50元)对股价形成支撑。<strong>总结:</strong> 政策套利+低价壳资源+油价情绪共振+回购托底构成涨停四要素。</p>
|
||
</div>
|
||
</div>
|
||
<div x-data="{ open: false }" class="collapse collapse-arrow bg-base-200/50">
|
||
<input type="checkbox" />
|
||
<div class="collapse-title text-xl font-medium">
|
||
山东墨龙 (002490) - 2025-06-26 涨幅: 7.26%
|
||
</div>
|
||
<div class="collapse-content prose prose-invert max-w-none text-slate-300">
|
||
<p><strong>核心驱动:</strong> 油气板块集体反弹，尤其是港股山东墨龙(00568.HK)一度涨超50%，形成强烈的A/H联动效应。<strong>催化因素:</strong> 中东局势等地缘政治风险提升油价预期；前期连续两日跌超20%后存在强烈的技术性反弹需求。<strong>总结:</strong> 上涨主因是板块联动和超跌反弹，基本面未发生重大变化。</p>
|
||
</div>
|
||
</div>
|
||
<div x-data="{ open: false }" class="collapse collapse-arrow bg-base-200/50">
|
||
<input type="checkbox" />
|
||
<div class="collapse-title text-xl font-medium">
|
||
宝莫股份 (002476) - 2025-06-19 涨幅: 10.11%
|
||
</div>
|
||
<div class="collapse-content prose prose-invert max-w-none text-slate-300">
|
||
<p><strong>核心驱动:</strong> 受益于国际油价上涨和中东地缘政治紧张带来的油气板块整体强势。<strong>驱动概念:</strong> 油气勘探+页岩气+天然气。<strong>消息面:</strong> 中东局势紧张、欧盟拟禁止进口俄气推高天然气价格预期。公司在油气勘探、页岩气领域有技术储备。<strong>总结:</strong> 宏观油价与地缘政治驱动下的板块性机会。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
</main>
|
||
</div>
|
||
|
||
<script>
|
||
document.addEventListener('alpine:init', () => {
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Alpine.plugin(collapse)
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|
||
var myChart = echarts.init(chartDom);
|
||
var option;
|
||
|
||
const data = [
|
||
{ name: '中东冲突\n驱动油价反弹', value: ['2024-10-11', 10], itemStyle: { color: '#ff6b6b' } },
|
||
{ name: 'OPEC+延长\n220万桶/日减产', value: ['2024-11-07', 20], itemStyle: { color: '#48dbfb' } },
|
||
{ name: 'OPEC+宣布\n12月温和增产', value: ['2025-11-05', 10], itemStyle: { color: '#1dd1a1' } },
|
||
{ name: '以色列袭击伊朗\n油气股集体涨停', value: ['2025-06-13', 30], itemStyle: { color: '#feca57' } },
|
||
{ name: '准油股份4连板\n市场情绪高涨', value: ['2025-06-18', 25], itemStyle: { color: '#ff9f43' } },
|
||
{ name: '油气股集体大跌\n板块剧烈波动', value: ['2025-06-24', 5], itemStyle: { color: '#54a0ff' } }
|
||
];
|
||
|
||
option = {
|
||
backgroundColor: 'transparent',
|
||
tooltip: {
|
||
trigger: 'axis',
|
||
formatter: function (params) {
|
||
const item = data.find(d => d.value[0] === params[0].axisValue);
|
||
if (item) {
|
||
return `<strong>${params[0].axisValue}</strong><br/>事件: ${item.name.replace('\n', ' ')}`;
|
||
}
|
||
return params[0].axisValue;
|
||
},
|
||
backgroundColor: 'rgba(20, 30, 50, 0.8)',
|
||
borderColor: '#00BFFF',
|
||
textStyle: { color: '#E0F2FE' }
|
||
},
|
||
grid: {
|
||
left: '3%',
|
||
right: '4%',
|
||
bottom: '10%',
|
||
containLabel: true
|
||
},
|
||
xAxis: {
|
||
type: 'time',
|
||
axisLine: { lineStyle: { color: 'rgba(0, 191, 255, 0.5)' } },
|
||
axisLabel: { color: '#bdc3c7' },
|
||
splitLine: { show: false }
|
||
},
|
||
yAxis: {
|
||
type: 'value',
|
||
axisLabel: { show: false },
|
||
axisLine: { show: false },
|
||
splitLine: {
|
||
show: true,
|
||
lineStyle: { color: 'rgba(0, 191, 255, 0.1)', type: 'dashed' }
|
||
},
|
||
name: '事件重要性/影响',
|
||
nameTextStyle: {
|
||
color: 'rgba(0, 191, 255, 0.5)'
|
||
}
|
||
},
|
||
dataZoom: [{
|
||
type: 'inside',
|
||
start: 0,
|
||
end: 100
|
||
}, {
|
||
start: 0,
|
||
end: 100,
|
||
handleIcon: 'M10.7,11.9v-1.3H9.3v1.3c-4.9,0.3-8.8,4.4-8.8,9.4c0,5,3.9,9.1,8.8,9.4v1.3h1.3v-1.3c4.9-0.3,8.8-4.4,8.8-9.4C19.5,16.3,15.6,12.2,10.7,11.9z M13.3,24.4H6.7V23h6.6V24.4z M13.3,19.6H6.7v-1.4h6.6V19.6z',
|
||
handleSize: '80%',
|
||
handleStyle: {
|
||
color: '#fff',
|
||
shadowBlur: 3,
|
||
shadowColor: 'rgba(0, 0, 0, 0.6)',
|
||
shadowOffsetX: 2,
|
||
shadowOffsetY: 2
|
||
},
|
||
bottom: 10,
|
||
textStyle: { color: '#bdc3c7' }
|
||
}],
|
||
series: [{
|
||
symbolSize: (value, params) => value[1] * 1.5,
|
||
data: data,
|
||
type: 'scatter',
|
||
label: {
|
||
show: true,
|
||
position: 'top',
|
||
formatter: '{b}',
|
||
color: '#E0F2FE',
|
||
fontSize: 10,
|
||
backgroundColor: 'rgba(0,0,0,0.3)',
|
||
padding: [3, 5],
|
||
borderRadius: 3
|
||
},
|
||
emphasis: {
|
||
focus: 'series',
|
||
label: {
|
||
show: true,
|
||
fontWeight: 'bold',
|
||
fontSize: 14
|
||
},
|
||
itemStyle: {
|
||
shadowBlur: 10,
|
||
shadowColor: 'rgba(255, 255, 255, 0.8)'
|
||
}
|
||
}
|
||
}]
|
||
};
|
||
|
||
option && myChart.setOption(option);
|
||
window.addEventListener('resize', myChart.resize);
|
||
});
|
||
</script>
|
||
|
||
</body>
|
||
</html> |