原油价格对股市影响（The impact of crude oil prices on the stock market）.docVIP

原油价格对股市影响（The impact of crude oil prices on the stock market） 1., the impact on the petrochemical industry At present, the listed companies in the petrochemical sector can be broadly divided into four categories: (1) crude oil mining companies, such as Liaohe Oilfield, Zhongyuan oil and gas and oil daming. Since the business of these companies is relatively simple, they benefit most from rising oil prices. More importantly, rising oil prices will make oil mining enterprises in the business process in a more active position. But these companies have gradually entered the stable and decay stage, the cost rises quickly, such as rising oil prices last year, the Liaohe Oilfield, Zhongyuan oil and gas and crude oil company performance growth, but the annual report released this year, the net profit of these companies has declined. Three companies in the profitability of the industry is not strong enough, limited growth potential (unless found new storage), long-term investment opportunities are limited, but there may be speculative opportunities in the short term. (2) super large petroleum and petrochemical integration company. Such as Sinopec, PetroChina and cnooc. This kind of company due to a large scale, but also has a relatively complete industrial chain, which can not only be digested in the maximum oil prices caused by rising cost pressures, and to share in the oil business share, rising oil prices will promote enterprise profit capability. Such enterprises only Sinopec A shares listed companies, in April this year, since the fall, Sinopecs decline is smaller than the decline in the same period, it is the market value of its recognition. (3) ultra large petroleum processing companies, whose main operations are refining and basic chemical raw materials, such as Shanghai petrochemical, Yangzi Petrochemical, Qilu Petrochemical and Zhenhai Refining Chemical corporation. The crude oil from the upstream enterprises (usually associated with Sinopec, PetroChina, CNOOC and