Oil Prices Rose &Nbsp Again; Listed Companies Were Happy And Worried.

　　 oil price Repeatedly raised, touches the sensitive nerve of the listed company. On the one hand, the adjustment of oil prices is related to transportation and other industries. Listed company Profitability has been tested. On the other hand, Sinopec and its companies also welcome good results. Sun Hongzhan, a researcher at Minsheng securities, believes that the most direct beneficiaries of the oil price increase are China Petroleum and Sinopec. For the A share market, we need to be vigilant against the 28 phenomenon of "two barrels of oil" rising and most stocks falling.

　　 petroleum Product prices continue to rise in recent years, has made China Petroleum and Sinopec taste a lot of sweetness. Among them, CNPC said in its annual report that it was mainly due to the increase in the prices of major products such as crude oil, natural gas, gasoline and diesel, and the increase in sales volume. In 2010, it achieved a turnover of 1 trillion and 460 billion yuan, an increase of 43.8% over the same period last year. Sinopec disclosed that due to the rising prices of petrochemical products and other reasons, the company achieved a turnover of 1 trillion and 870 billion yuan in 2010, an increase of 42.6% over the same period last year.

Besides, high oil prices also bring development opportunities to some companies in other industries. Qilu Securities analyst Sun Guodong said: "the scarcity of non renewable resources and global inflation factors will push up oil prices. High oil prices will catalyze the rapid development of energy chemical industry and fine chemical industry, and the listed companies with technological superiority and integrated resource advantages will benefit first. Among them, most of the new materials are not oil and natural gas as the main raw materials, and the correlation with oil prices is not large, and the added value of products is high, which has the product substitution effect and the new demand in the field of energy conservation and environmental protection.

High oil prices are the first to be affected by Listed Companies in aviation, container transportation and other industries. CSCI expects fuel costs to rise by more than 10% over the same period in 2011 due to rising oil prices. From the analysis of Changjiang Securities, it pointed out: "the 2011 transportation industry faces some uncertainties, including soaring oil prices, high box prices, and the gap between supply and demand. When the overall balance of supply and demand does not change, the rising fuel cost can not be transferred, and the profit expectation of the industry will have to be lowered. "

Besides, the performance of listed airlines is greatly influenced by the fluctuation of aviation fuel prices. For example, Eastern Airlines spent about 35.58% of its operating cost in 2010. In order to control costs, airlines often hedge transactions through crude oil, but if the price of aviation oil fluctuates significantly and exceeds the set price lock range, it will have to face the risk of delivery losses and Book floating losses, and even result in huge losses in performance. Both eastern and southern airlines have said that soaring fuel oil prices will bring many challenges to operation and development in 2011.