{"id":614450,"date":"2026-01-13T05:43:01","date_gmt":"2026-01-13T13:43:01","guid":{"rendered":"https:\/\/nai500.com\/?p=614450"},"modified":"2026-01-13T05:43:01","modified_gmt":"2026-01-13T13:43:01","slug":"2026-%e5%b9%b4%e9%a2%84%e6%9c%9f%e6%b6%a8%e5%b9%85%e8%b6%85-26-%e5%8d%8e%e5%b0%94%e8%a1%97%e7%9c%8b%e6%b6%a8%e8%bf%99%e4%b8%89%e5%8f%aa%e8%82%a1%e7%a5%a8","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/01\/2026-%e5%b9%b4%e9%a2%84%e6%9c%9f%e6%b6%a8%e5%b9%85%e8%b6%85-26-%e5%8d%8e%e5%b0%94%e8%a1%97%e7%9c%8b%e6%b6%a8%e8%bf%99%e4%b8%89%e5%8f%aa%e8%82%a1%e7%a5%a8\/","title":{"rendered":"2026\u5e74\u9884\u671f\u6da8\u5e45\u8d8526%\uff0c\u534e\u5c14\u8857\u770b\u6da8\u8fd9\u4e09\u53ea\u80a1\u7968"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">\u9ad8\u80a1\u606f\u7387\u662f\u5426\u5fc5\u7136\u610f\u5473\u7740\u80a1\u4ef7\u589e\u957f\u4e4f\u529b\uff1f\u7b54\u6848\u5e76\u975e\u7edd\u5bf9\u3002\u5e02\u573a\u4e0a\u5b58\u5728\u4e00\u90e8\u5206\u80a1\u7968\uff0c\u5b83\u4eec\u4e0d\u4ec5\u80fd\u591f\u63d0\u4f9b\u53ef\u89c2\u7684\u5206\u7ea2\u6536\u76ca\uff0c\u540c\u65f6\u4e5f\u88ab\u534e\u5c14\u8857\u8ba4\u4e3a\u5177\u5907\u663e\u8457\u7684\u4ef7\u683c\u4e0a\u6da8\u6f5c\u529b\u3002\u4ee5\u4e0b\u5c06\u56f4\u7ed5\u4e09\u53ea\u88ab\u5206\u6790\u5e08\u770b\u597d\u3001\u9884\u671f\u81f32026\u5e74\u80a1\u4ef7\u53ef\u80fd\u98d9\u534726%\u6216\u4ee5\u4e0a\u7684\u9ad8\u6536\u76ca\u5206\u7ea2\u80a1\u7968\u8fdb\u884c\u9610\u8ff0\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Clearwater Energy\uff1a\u53d7\u76ca\u4e8e\u6570\u636e\u4e2d\u5fc3\u9700\u6c42\u7684\u53ef\u518d\u751f\u80fd\u6e90\u80a1<\/span><\/h2>\n<p class=\"p1\"><span class=\"s2\"><a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=CWEN\">Clearwater Energy (CWEN)<\/a><\/span><span class=\"s1\"> \u662f\u7f8e\u56fd\u6700\u5927\u7684\u53ef\u518d\u751f\u80fd\u6e90\u516c\u53f8\u4e4b\u4e00\uff0c\u5176\u4e1a\u52a1\u904d\u53ca27\u4e2a\u5dde\uff0c\u8986\u76d6\u98ce\u80fd\u3001\u592a\u9633\u80fd\u548c\u50a8\u80fd\u8bbe\u65bd\uff0c\u603b\u53d1\u7535\u5bb9\u91cf\u7ea612.7\u5409\u74e6\u3002\u8be5\u516c\u53f8\u62e5\u6709\u4e24\u7c7b\u516c\u5f00\u4ea4\u6613\u80a1\u7968\uff0c\u5176\u4e2dC\u7c7b\u80a1\u7968\u7684\u8fdc\u671f\u80a1\u606f\u6536\u76ca\u7387\u7ea6\u4e3a5.6%\u3002\u8fc7\u53bb\u4e00\u5e74\uff0c\u5176\u80a1\u4ef7\u6da8\u5e45\u5df2\u8d85\u8fc720%\u3002\u534e\u5c14\u8857\u5206\u6790\u5e08\u4e3a\u5176\u8bbe\u5b9a\u768412\u4e2a\u6708\u5e73\u5747\u76ee\u6807\u4ef7\uff0c\u6697\u793a\u7740\u7ea630%\u7684\u6f5c\u5728\u4e0a\u6da8\u7a7a\u95f4\u3002\u8fd9\u4e00\u4e50\u89c2\u9884\u671f\u90e8\u5206\u6e90\u4e8e\u516c\u53f8\u4e1a\u7ee9\u7684\u5f3a\u52b2\u589e\u957f\uff0c\u4f8b\u5982\u51762025\u5e74\u7b2c\u4e09\u5b63\u5ea6\u6536\u76ca\u540c\u6bd4\u589e\u957f\u8d85\u8fc7\u4e00\u500d\uff0c\u6570\u636e\u4e2d\u5fc3\u84ec\u52c3\u53d1\u5c55\u7684\u9700\u6c42\u6784\u6210\u4e86\u5173\u952e\u9a71\u52a8\u529b\u3002\u7136\u800c\uff0c\u8f83\u9ad8\u7684\u80a1\u7968\u4f30\u503c\u6ea2\u4ef7\u4e5f\u53ef\u80fd\u5bf9\u5176\u77ed\u671f\u8d85\u989d\u6536\u76ca\u80fd\u529b\u6784\u6210\u4e00\u5b9a\u5f71\u54cd\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Energy Transfer LP\uff1a\u8d22\u52a1\u72b6\u51b5\u7a33\u5065\u7684\u80fd\u6e90\u57fa\u7840\u8bbe\u65bd\u6709\u9650\u5408\u4f19<\/span><\/h2>\n<p class=\"p1\"><span class=\"s2\"><a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=ET\">Energy Transfer LP (ET) <\/a><\/span><span class=\"s1\">\u662f\u4e00\u5bb6\u5728\u7f8e\u56fd\u8fd0\u8425\u591a\u79cd\u80fd\u6e90\u8f93\u9001\u7ba1\u9053\u53ca\u76f8\u5173\u5904\u7406\u3001\u5b58\u50a8\u8bbe\u65bd\u7684\u6709\u9650\u5408\u4f19\u4f01\u4e1a\u3002\u5176\u9884\u671f\u5206\u7ea2\u6536\u76ca\u7387\u8d85\u8fc77.9%\uff0c\u5e76\u4e14\u516c\u53f8\u8ba1\u5212\u6bcf\u5e74\u5c06\u5206\u7ea2\u63d0\u9ad83%\u81f35%\u3002\u5f97\u76ca\u4e8e\u5176\u5386\u53f2\u4e0a\u6700\u4e3a\u5f3a\u52b2\u7684\u8d22\u52a1\u72b6\u51b5\uff0c\u8fd9\u4e00\u589e\u957f\u76ee\u6807\u88ab\u8ba4\u4e3a\u5177\u5907\u5b9e\u73b0\u57fa\u7840\u3002\u5206\u6790\u5e08\u7ed9\u51fa\u7684\u5e73\u5747\u76ee\u6807\u4ef7\uff0c\u8f83\u5f53\u524d\u80a1\u4ef7\u9ad8\u51fa\u7ea629%\u3002\u4e0eClearwater Energy\u7c7b\u4f3c\uff0c\u7f8e\u56fd\u6570\u636e\u4e2d\u5fc3\u7684\u5feb\u901f\u5efa\u8bbe\u4e5f\u4e3a\u8be5\u516c\u53f8\u5e26\u6765\u4e86\u589e\u957f\u52a8\u529b\uff0c\u540c\u65f6\u5176\u4f30\u503c\u5728\u540c\u4e1a\u4e2d\u4ecd\u5177\u5438\u5f15\u529b\uff0c\u4f01\u4e1a\u4ef7\u503c\u4e0eEBITDA\u6bd4\u7387\u5904\u4e8e\u8f83\u4f4e\u6c34\u5e73\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Vici Properties\uff1a\u62e5\u6709\u6297\u901a\u80c0\u79df\u8d41\u6761\u6b3e\u7684\u623f\u5730\u4ea7\u6295\u8d44\u4fe1\u6258<\/span><\/h2>\n<p class=\"p1\"><span class=\"s2\"><a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=VICI\">Vici Properties (VICI) <\/a><\/span><span class=\"s1\">\u662f\u4e00\u5bb6\u4e13\u6ce8\u4e8e\u5a31\u4e50\u5730\u4ea7\u7684\u623f\u5730\u4ea7\u6295\u8d44\u4fe1\u6258\u57fa\u91d1\uff0c\u65d7\u4e0b\u62e5\u670993\u5904\u7269\u4e1a\uff0c\u4e3b\u8981\u79df\u6237\u5305\u62ec<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=CZR\"><span class=\"s2\">\u51ef\u6492\u5a31\u4e50 (CZR)<\/span><\/a>\u3001<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=MGM\"><span class=\"s2\">\u7f8e\u9ad8\u6885\u5ea6\u5047\u6751 (MGM)<\/span><\/a>\u7b49\u77e5\u540d\u4f01\u4e1a\u3002\u8be5\u516c\u53f8\u7684\u9884\u671f\u80a1\u606f\u6536\u76ca\u7387\u4e3a6.4%\uff0c\u8fc7\u53bb\u4e03\u5e74\u5176\u80a1\u606f\u4fdd\u6301\u4e86\u7ea66.6%\u7684\u590d\u5408\u5e74\u589e\u957f\u7387\u3002\u516c\u53f8\u8bbe\u5b9a\u4e8675%\u7684\u8c03\u6574\u540e\u8425\u8fd0\u8d44\u91d1\u6d3e\u606f\u7387\u76ee\u6807\uff0c\u8fd9\u4e3a\u5176\u672a\u6765\u6301\u7eed\u63d0\u9ad8\u80a1\u606f\u63d0\u4f9b\u4e86\u4fdd\u969c\u3002\u534e\u5c14\u8857\u540c\u6837\u770b\u597d\u5176\u524d\u666f\uff0c\u57281\u6708\u4efd\u63a5\u53d7\u8c03\u67e5\u768424\u4f4d\u5206\u6790\u5e08\u4e2d\uff0c\u670919\u4f4d\u63a8\u8350\u201c\u4e70\u5165\u201d\u6216\u201c\u5f3a\u529b\u4e70\u5165\u201d\u3002\u672a\u676512\u4e2a\u6708\u7684\u5171\u8bc6\u76ee\u6807\u4ef7\u9884\u793a\u7740\u7ea626%\u7684\u6f5c\u5728\u4e0a\u6da8\u7a7a\u95f4\u3002<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u9ad8\u80a1\u606f\u7387\u662f\u5426\u5fc5\u7136\u610f\u5473\u7740\u80a1\u4ef7\u589e\u957f\u4e4f\u529b\uff1f\u7b54\u6848\u5e76\u975e\u7edd\u5bf9\u3002\u5e02\u573a\u4e0a\u5b58\u5728\u4e00\u90e8\u5206\u80a1\u7968\uff0c\u5b83\u4eec\u4e0d\u4ec5\u80fd\u591f\u63d0\u4f9b\u53ef\u89c2\u7684\u5206\u7ea2\u6536\u76ca\uff0c\u540c\u65f6\u4e5f [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":611566,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[427],"tags":[2190,519,2247,2540],"class_list":["post-614450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hans","tag-etf-sch","tag-519","tag-2247","tag-2540","sectors-real-estate-zh-hans","sectors-oil-gas-zh-hans","locations-us-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/614450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=614450"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/614450\/revisions"}],"predecessor-version":[{"id":614453,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/614450\/revisions\/614453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/611566"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=614450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=614450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=614450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}