After the Spring Festival, the natural gas market has opened well. According to the data, the spot price of LNG in China on February 14 was 5383.33 yuan / ton, an increase of 1373.33 yuan / ton or 34.25% compared with the price on February 7. There is a certain replenishment demand in the downstream of natural gas after the festival, and some manufacturers have not started work. In addition, the price before the festival has been greatly corrected, and the natural gas has increased significantly.
The rise of overseas natural gas is also obvious. In terms of European pipeline natural supply, Russia accounts for nearly 40%. Affected by the tense situation in Ukraine, the price of natural gas in Europe has risen rapidly. At present, the natural gas inventory has fallen to an all-time low. European natural gas inventories in January 2022 were about 18 billion cubic meters less than the same period in 2021. In the United States, natural gas inventories have fallen for 12 consecutive weeks.
As a kind of clean energy, liquefied natural gas has been vigorously promoted in recent years. According to the sampling analysis and comparison, natural gas, as an automobile fuel, reduces the comprehensive emission of gasoline and diesel by about 85%. Moreover, it is free of carcinogens such as lead and benzene, basically free of sulfide, and has excellent environmental protection performance.
Under the general trend of global energy transformation, the demand for natural gas is rising rapidly. In 2021, China’s apparent consumption of natural gas was 372.6 billion cubic meters, a year-on-year increase of 12.7%, which was significantly greater than that of raw coal and crude oil. Globally, BP’s world energy statistics yearbook shows that natural gas consumption increased from 3.17 trillion cubic meters in 2010 to 3.81 trillion cubic meters in 2020, an increase of 20.27%.
In terms of output, with the rapid growth of demand, as the third largest country in global natural gas consumption, China’s natural gas output has increased rapidly. According to the National Bureau of statistics, China’s natural gas production in December last year was 19.19 billion cubic meters, an increase of 41.1% over five years ago.
According to the research report, natural gas, as an excellent transitional energy, has played a very important role in the transformation of China’s energy structure under the background of double carbon. Not long ago, natural gas futures was officially approved by the CSRC and is accelerating the listing work. After the listing of natural gas futures, it will help to form China’s natural gas benchmark price and reduce the impact of international natural gas price fluctuations on China’s commodity prices.
According to the statistics of securities times and databao, there are 45 listed companies in the A-share market that have laid out the natural gas industry chain. After the festival, natural gas concept stocks generally rose, with an average increase of 4.84%, and seven stocks rose by more than 10%. Among them, Haimo Technologies Group Corp(300084) , Zhejiang Kingland Pipeline And Technologies Co.Ltd(002443) , Petrochina Company Limited(601857) rose the most, rising by 29.51%, 13.47% and 12.55% respectively.
In terms of performance, 24 listed companies have announced the performance forecast or performance express of 2021, and 17 have increased their performance in advance. In terms of the median increase in net profit, Petrochina Company Limited(601857) , Guanghui Energy Co.Ltd(600256) , Shandong Yulong Gold Co.Ltd(601028) , Xinjiang Xintai Natural Gas Co.Ltd(603393) are expected to be among the top, with 384.5%, 272.5%, 247.6% and 196.5% respectively.
According to the statistics of data treasure, some natural gas concept stocks have attracted the attention of institutions, 10 concept stocks have obtained institutional ratings, and the number of stock ratings such as Yantai Jereh Oilfield Services Group Co.Ltd(002353) , Shenzhen Gas Corporation Ltd(601139) , Enn Natural Gas Co.Ltd(600803) ranks first, 18, 13 and 10 respectively.
