{"id":631,"date":"2026-05-07T13:04:42","date_gmt":"2026-05-07T13:04:42","guid":{"rendered":"https:\/\/equitiesorbis.com\/%e4%bc%8a%e6%9c%97%e5%92%8c%e5%b9%b3%e7%ba%a2%e5%88%a9%ef%bc%9a%e7%9f%b3%e6%b2%b9%e5%b4%a9%e7%9b%98%e4%b8%ad%e7%9a%84%e8%b5%a2%e5%ae%b6%e4%b8%8e%e8%be%93%e5%ae%b6\/"},"modified":"2026-06-08T19:06:09","modified_gmt":"2026-06-08T19:06:09","slug":"%e4%bc%8a%e6%9c%97%e5%92%8c%e5%b9%b3%e7%ba%a2%e5%88%a9%ef%bc%9a%e7%9f%b3%e6%b2%b9%e5%b4%a9%e7%9b%98%e4%b8%ad%e7%9a%84%e8%b5%a2%e5%ae%b6%e4%b8%8e%e8%be%93%e5%ae%b6","status":"publish","type":"post","link":"https:\/\/equitiesorbis.com\/zh-hans\/%e4%bc%8a%e6%9c%97%e5%92%8c%e5%b9%b3%e7%ba%a2%e5%88%a9%ef%bc%9a%e7%9f%b3%e6%b2%b9%e5%b4%a9%e7%9b%98%e4%b8%ad%e7%9a%84%e8%b5%a2%e5%ae%b6%e4%b8%8e%e8%be%93%e5%ae%b6\/","title":{"rendered":"\u4f0a\u6717\u548c\u5e73\u7ea2\u5229\uff1a\u77f3\u6cb9\u5d29\u76d8\u4e2d\u7684\u8d62\u5bb6\u4e0e\u8f93\u5bb6"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">2026 \u5e74 5 \u6708 6 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class=\"wp-block-paragraph\">\u4e0d\u51fa\u6240\u6599\uff0c\u548c\u5e73\u7ea2\u5229\u7684\u76f4\u63a5\u53d7\u5bb3\u8005\u662f\u5404\u5927\u77f3\u6cb9\u751f\u4ea7\u5546\u3002\u6807\u666e 500 \u80fd\u6e90\u677f\u5757\u5f53\u65e5\u6536\u76d8\u4e0b\u8dcc 4.5%\uff0c\u6210\u4e3a\u666e\u904d\u770b\u6da8\u5e02\u573a\u4e2d\u8868\u73b0\u6700\u5dee\u7684\u677f\u5757\uff1b\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u6807\u666e 500 \u6307\u6570\u4e0a\u6da8 1.46%\uff0c\u7eb3\u65af\u8fbe\u514b\u6307\u6570\u4e0a\u6da8 2.03%\uff0c\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\u3002 <\/p>\n\n<p class=\"wp-block-paragraph\">\u52d8\u63a2\u548c\u751f\u4ea7\u9886\u57df\u7684\u629b\u552e\u5448\u73b0\u51fa\u65e0\u5dee\u522b\u6001\u52bf\u3002\u57c3\u514b\u68ee\u7f8e\u5b5a (XOM) \u548c\u96ea\u4f5b\u9f99 (CVX) \u5206\u522b\u4e0b\u8dcc 3.9% \u548c 3.7%\u3002\u7136\u800c\uff0c\u5bf9\u4e8e\u5bf9\u77ed\u671f\u4ef7\u683c\u6ce2\u52a8\u6760\u6746\u8f83\u9ad8\u7684\u72ec\u7acb\u751f\u4ea7\u5546\u6765\u8bf4\uff0c\u75db\u82e6\u66f4\u4e3a\u5267\u70c8\u3002\u5eb7\u83f2\u77f3\u6cb9 (ConocoPhillips) \u4e0b\u8dcc 4.4%\uff0c\u54cd\u5c3e\u86c7\u80fd\u6e90 (Diamondback Energy) \u4e0b\u8dcc 4.5%\uff0cAPA \u516c\u53f8 (APA Corporation) \u5219\u66b4\u8dcc 6.6%\u3002   <\/p>\n\n<p class=\"wp-block-paragraph\"><strong>DVN \u6295\u8d44\u8bba\u70b9\uff1a\u5356\u51fa<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">\u6234\u6587\u80fd\u6e90 (Devon Energy, DVN) \u8868\u73b0\u51fa\u57fa\u672c\u9762\u75b2\u8f6f\u4e0e\u5b8f\u89c2\u7ecf\u6d4e\u9006\u98ce\u7684\u81f4\u547d\u7ec4\u5408\u3002\u8be5\u80a1\u5468\u4e09\u4e0b\u8dcc 5.7%\uff0c\u52a0\u5267\u4e86\u7b2c\u4e00\u5b63\u5ea6\u4ee4\u4eba\u5931\u671b\u7684\u8d22\u62a5\u5e26\u6765\u7684\u75db\u82e6\uff1b\u7531\u4e8e\u5929\u7136\u6c14\u4ef7\u683c\u4e0b\u8dcc\u548c\u603b\u5b9e\u73b0\u6cb9\u4ef7\u4e0b\u964d\uff0c\u8be5\u516c\u53f8\u5229\u6da6\u672a\u8fbe\u9884\u671f\u3002\u968f\u7740\u5730\u7f18\u653f\u6cbb\u6ea2\u4ef7\u4ece\u539f\u6cb9\u5e02\u573a\u8fc5\u901f\u6d88\u9000\uff0c\u6234\u6587\u80fd\u6e90\u9762\u4e34\u53cc\u91cd\u4e0b\u884c\u98ce\u9669\u3002\u8be5\u516c\u53f8\u7f3a\u4e4f\u8d85\u7ea7\u5de8\u5934\u90a3\u6837\u5e9e\u5927\u7684\u4e0b\u6e38\u70bc\u6cb9\u7f13\u51b2\uff0c\u4f7f\u5176\u73b0\u91d1\u6d41\u5728\u6cb9\u4ef7\u6301\u7eed\u4f4e\u4e8e 100 \u7f8e\u5143\u7684\u73af\u5883\u4e0b\u6781\u5ea6\u8106\u5f31\u3002Evercore ISI \u8b66\u544a\u79f0\uff0c\u5982\u679c\u6cb9\u4ef7\u5728 $93 \u81f3 $98 \u7684\u201c\u56f0\u96be\u533a\u95f4\u201d\u7ef4\u6301\u4e09\u5230\u56db\u4e2a\u6708\uff08\u8fd9\u6b63\u662f\u76ee\u524d WTI \u7684\u4ef7\u683c\u533a\u95f4\uff09\uff0c\u66f4\u5e7f\u6cdb\u7684\u5e02\u573a\u590d\u82cf\u5c06\u9762\u4e34\u5a01\u80c1\u3002    <\/p>\n\n<h2 class=\"wp-block-heading\">\u975e\u5fc5\u9700\u6d88\u8d39\u54c1\u884c\u4e1a\u7684\u5229\u597d<\/h2>\n\n<p class=\"wp-block-paragraph\">\u76f8\u53cd\uff0c\u6cb9\u4ef7\u66b4\u8dcc\u5bf9\u5168\u7403\u6d88\u8d39\u8005\u800c\u8a00\uff0c\u76f8\u5f53\u4e8e\u4e00\u6b21\u5927\u89c4\u6a21\u4e14\u7acb\u7aff\u89c1\u5f71\u7684\u51cf\u7a0e\u3002\u5728\u548c\u5e73\u62a5\u9053\u51fa\u73b0\u4e4b\u524d\uff0c\u7f8e\u56fd\u96f6\u552e\u6c7d\u6cb9\u4ef7\u683c\u5df2\u98d9\u5347\u81f3\u6bcf\u52a0\u4ed1 4.50 \u7f8e\u5143\u4ee5\u4e0a\uff0c\u63a5\u8fd1 2022 \u5e74\u521b\u4e0b\u7684 5.02 \u7f8e\u5143\u7684\u5386\u53f2\u9ad8\u70b9\u3002\u71c3\u6599\u6210\u672c\u964d\u4f4e\u7684\u524d\u666f\u662f\u975e\u5fc5\u9700\u6d88\u8d39\u54c1\u80a1\u7968\u7684\u5f3a\u5927\u50ac\u5316\u5242\uff0c\u5c24\u5176\u662f\u90a3\u4e9b\u4f9d\u8d56\u65c5\u6e38\u548c\u4f53\u9a8c\u7684\u4f01\u4e1a\u3002  <\/p>\n\n<p class=\"wp-block-paragraph\">\u534e\u7279\u8fea\u58eb\u5c3c\u516c\u53f8 (DIS) \u6210\u4e3a\u8fd9\u4e00\u52a8\u6001\u7684\u4e3b\u8981\u53d7\u76ca\u8005\u3002\u5728\u516c\u5e03\u4e86\u5f3a\u52b2\u7684\u7b2c\u4e8c\u8d22\u5b63\u8d22\u62a5\u540e\uff0c\u8be5\u80a1\u98d9\u5347 8.6%\uff0c\u8fd9\u4e5f\u662f\u65b0\u4efb\u9996\u5e2d\u6267\u884c\u5b98 Josh D\u2019Amaro \u4e0a\u4efb\u540e\u7684\u9996\u4efd\u8d22\u62a5\u3002\u8fea\u58eb\u5c3c\u62a5\u544a\u8425\u6536\u589e\u957f 7% \u81f3 251.7 \u4ebf\u7f8e\u5143\uff0c\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u589e\u957f 8.3% \u81f3 1.57 \u7f8e\u5143\uff0c\u8d85\u8fc7\u4e86 1.49 \u7f8e\u5143\u7684\u666e\u904d\u9884\u671f\u3002\u8be5\u516c\u53f8\u7684\u4f53\u9a8c\u90e8\u95e8\uff08\u5305\u62ec\u4e3b\u9898\u516c\u56ed\u548c\u90ae\u8f6e\u4e1a\u52a1\uff09\u7b2c\u4e8c\u5b63\u5ea6\u8425\u6536\u8fbe\u5230\u521b\u7eaa\u5f55\u7684 95 \u4ebf\u7f8e\u5143\uff0c\u8425\u4e1a\u5229\u6da6\u4e3a 26 \u4ebf\u7f8e\u5143\u3002   <\/p>\n\n<p class=\"wp-block-paragraph\">\u8fea\u58eb\u5c3c\u8fd8\u9884\u8ba1\u7b2c\u4e09\u5b63\u5ea6\u5404\u90e8\u95e8\u603b\u8425\u4e1a\u5229\u6da6\u7ea6\u4e3a 53 \u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f 16%\u3002\u8be5\u516c\u53f8\u8ba1\u5212\u5728 2026 \u8d22\u5e74\u8fdb\u884c\u81f3\u5c11 80 \u4ebf\u7f8e\u5143\u7684\u80a1\u7968\u56de\u8d2d\uff0c\u663e\u793a\u51fa\u7ba1\u7406\u5c42\u5bf9\u516c\u53f8\u80a1\u4ef7\u88ab\u4f4e\u4f30\u7684\u4fe1\u5fc3\u3002 <\/p>\n\n<p class=\"wp-block-paragraph\"><strong>DIS \u6295\u8d44\u8bba\u70b9\uff1a\u4e70\u5165<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">\u8fea\u58eb\u5c3c\u5728\u5f53\u524d\u7684\u5b8f\u89c2\u7ecf\u6d4e\u8f6c\u578b\u4e2d\u5360\u636e\u4e86\u7edd\u4f73\u4f4d\u7f6e\u3002\u8be5\u516c\u53f8\u7684\u6d41\u5a92\u4f53\u4e1a\u52a1\u5df2\u5b9e\u73b0\u76c8\u5229\uff0c\u6d88\u9664\u4e86\u80a1\u4ef7\u7684\u4e00\u5927\u538b\u529b\u3002\u540c\u65f6\uff0c\u6838\u5fc3\u7684\u4e50\u56ed\u548c\u90ae\u8f6e\u4e1a\u52a1\u5c06\u4ece\u71c3\u6599\u6210\u672c\u964d\u4f4e\u4e2d\u83b7\u76ca\u532a\u6d45\uff0c\u8fd9\u76f4\u63a5\u6539\u5584\u4e86\u822a\u7a7a\u516c\u53f8\u548c\u90ae\u8f6e\u8fd0\u8425\u5546\u7684\u5229\u6da6\u7387\uff0c\u540c\u65f6\u8ba9\u6d88\u8d39\u8005\u6709\u66f4\u591a\u53ef\u652f\u914d\u6536\u5165\u7528\u4e8e\u5ea6\u5047\u3002\u8fea\u58eb\u5c3c\u76ee\u524d\u7684\u4ea4\u6613\u4ef7\u683c\u7ea6\u4e3a 2026 \u8d22\u5e74\u9884\u671f\u6536\u76ca\u7684 15 \u500d\uff0c\u4f4e\u4e8e\u5176\u4e94\u5e74\u5e73\u5747\u6c34\u5e73\uff0c\u4f30\u503c\u504f\u4f4e\u3002\u968f\u7740\u9ad8\u76db\u5c06\u5176\u76ee\u6807\u4ef7\u4e0a\u8c03\u81f3 $164\uff0c\u4e14\u5206\u6790\u5e08\u5171\u8bc6\u4ef7\u4e3a $129\uff0c\u5728\u65b0\u4efb\u9996\u5e2d\u6267\u884c\u5b98\u7684\u9886\u5bfc\u4e0b\uff0c\u5176\u98ce\u9669\u56de\u62a5\u6bd4\u6781\u5177\u5438\u5f15\u529b\u3002    <\/p>\n\n<h2 class=\"wp-block-heading\">\u7f51\u7ea6\u8f66\u5229\u6da6\u7387\u6269\u5f20<\/h2>\n\n<p class=\"wp-block-paragraph\">\u51fa\u884c\u677f\u5757\u662f\u77f3\u6cb9\u5d29\u76d8\u7684\u53e6\u4e00\u4e2a\u76f4\u63a5\u53d7\u76ca\u8005\u3002\u4f18\u6b65\u79d1\u6280 (Uber Technologies, UBER) \u5c55\u793a\u4e86\u8fd9\u4e00\u52a8\u6001\u7684\u529b\u91cf\uff0c\u80a1\u4ef7\u98d9\u5347 7.8% \u81f3 $78.50\uff0c\u521b\u4e0b 2024 \u5e74 6 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class=\"wp-block-paragraph\"><em>\u514d\u8d23\u58f0\u660e\uff1a\u672c\u6587\u4ec5\u4f9b\u53c2\u8003\uff0c\u4e0d\u6784\u6210\u6295\u8d44\u5efa\u8bae\u3002\u5728\u505a\u51fa\u6295\u8d44\u51b3\u7b56\u524d\uff0c\u8bf7\u52a1\u5fc5\u81ea\u884c\u7814\u7a76\u5e76\u54a8\u8be2\u5408\u683c\u7684\u8d22\u52a1\u987e\u95ee\u3002 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2026 \u5e74 5 \u6708 6 \u65e5\uff0c\u5168\u7403\u5e02\u573a\u7ecf&hellip;<\/p>\n","protected":false},"author":2,"featured_media":632,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[],"class_list":["post-631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-52"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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