美股能源板塊表現墊底遭冷遇
由於投資者預計美聯儲可能會很快暫停激進的加息行動,他們轉向購買風險更高、增長更快的成長型科技股,過去兩年能源股的高漲勢頭似乎即將結束。在連續兩年跑贏大盤之後,標普500能源從2023年開始成爲標普500指數11個主要板塊中表現最差的板塊。該板塊今年迄今已下滑4%,落後於標普500指數8個百分點。

能源表現不佳的一個重要因素是石油和天然氣商品價格因需求暴跌而下降,以至於最近增加的派息可能很容易被削減。天然氣價格受到的打擊最爲嚴重,從去年12月的每千立方英尺6美元以上暴跌至週二的2.11美元。過去三個月,油價一直在每桶70至80美元之間波動。截至發稿,布倫特原油報82.78美元/桶。

(來源:英爲財情)
VettaFi能源研究主管Stacey Morris表示,隨着油市震盪,投資者2022年購買能源ETF(XLE.US)即可獲得回報的好日子已經結束了。此外,天然氣的表現也一直非常疲軟。
Morris指出,能源板塊按市值加權,因此美國三大能源公司中的康菲石油和雪佛龍對它的影響很大。今年迄今爲止,這兩個公司的表現都非常糟糕,分別下跌了11%和10%。
不過,能源板塊的某些股票仍在上漲。在能源生產商增加支出計劃後,鑽探和油田服務類股出現上行。費城證券交易所石油服務行業指數今年上漲了3.7%。
鑑於大宗商品價格已開始下滑,鑽探預算可能會被削減。Tudor Pickering Holt分析師Matt Portillo週二表示:“最終,該行業越快減少天然氣定向鑽探的投入,油氣股(非大宗商品)可能就會越早觸底。”
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