Recently, under the influence of the external situation, the share prices of some energy stocks of A-share rose sharply, with a trend of 4-board or even 5-board.
On March 2, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) and other related companies issued announcements to remind the risk that neither the company nor its subsidiaries have oil and gas production business, and the rise of oil price will not affect the company’s performance.
In this regard, some investors said: “just go up”.
several companies prompt risks
Recently, under the influence of the external situation, the prices of oil and other energy have soared, which has also detonated the share prices of some A-share energy companies.
For example Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) , in the past five trading days, the increase has exceeded 60%.
Source: China stock market news
There is also Renzhi shares. Although it is a little “weak” compared with Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) , it has gained 4 trading boards in the past five trading days, with an increase of more than 50%.
Source: China stock market news
In addition, Jinzhou Port Co.Ltd(600190) , related to the concept of oil and gas transportation, has also been connected to the board for four times, with an increase of nearly 47%.
Source: China stock market news
Share prices rose sharply in a row. On the evening of March 2, relevant companies issued announcements to remind them of risks.
Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) : neither the company nor its subsidiaries have oil and gas production business
Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) said in the announcement that at present, most of the company’s business income comes from China’s oilfield technical services, and neither the company nor its subsidiaries have oil and gas production business. Except that the settlement price of oil and water well overhaul and other businesses has been restored to the normal year level since September 2021, the settlement price of other business items of the company has not been restored. Therefore, the impact of the recent rise in international oil prices on the company’s future performance is still uncertain. We hereby remind investors to invest rationally and pay attention to risks.
Renzhi: the rise of oil price will not affect the performance of the company’s oil service business
Renzhi said in the announcement that affected by the rise of international oil prices, the company’s share price has increased greatly in the short term, and the rise of oil prices will not affect the performance of the company’s oil service business. The company’s share price has a large increase in the short term, and there is a risk of high valuation. As of the date of this announcement, there has been no significant change in the company’s fundamentals, and the recent increase in share price has deviated from the company’s fundamentals. According to the statistics of China Securities Index Co., Ltd., as of March 1, the latest static P / E ratio of “mining auxiliary activities” was 37.51 times, and the average static P / E ratio in the latest month was 36.42 times, while the latest P / E ratio of the company was negative, which deviated from the P / E ratio level of the industry.
Jinzhou Port Co.Ltd(600190) : the P / E ratio is much higher than the average level of Listed Companies in the same industry
The company is Jinzhou Port Co.Ltd(600190) major port operation enterprise. It is mainly engaged in port business such as loading, unloading, Stockpiling and transportation of bulk goods such as oil, grain, metal ore and steel. So far, the main business has not changed. The company’s shares have been trading for three consecutive trading days, and the price fluctuates greatly in the short term. As of the closing on March 1, the closing price of the company was 3.83 yuan, with an increase of 33.45% for three consecutive trading days. The static P / E ratio was 41.01 times and the dynamic P / E ratio was 44.56 times. The current P / E ratio of the company is much higher than the average level of Listed Companies in the same industry. The company recommends investors to pay attention to the trading risks in the secondary market, make rational decisions and invest prudently.
investors: just go up
It should be noted that in this round of rise in energy concept stocks, investors “bet” on the expectations brought by the rise in energy prices, especially oil and gas prices.
In the interactive trading, some investors asked Renzhi: “has the recent rise in natural gas had a great impact on the company’s performance?”
For Renzhi’s announcement that “the rise of oil price will not affect the performance of the company’s oil service business”, investors do not recognize: “oil has no impact on you, but natural gas has a great impact.”
Source: Guba
In the Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) stock bar, more investors directly said: “if it goes up, who cares if there is oil or not”.
Source: Guba
How much will the rise in oil prices affect the performance of oil service companies such as Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) , Renzhi Co., Ltd Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) gave an answer in February this year: the impact of changes in oil prices on the performance of oil service companies has a transmission process, and the capital expenditure of oil and gas companies is the key influencing factor, which generally follows the transmission path of “changes in oil prices – changes in the performance of oil and gas companies – changes in the capital expenditure of oil and gas companies – changes in the orders of oil service companies – changes in the performance of oil service companies”.
