{"id":634829,"date":"2026-05-04T00:16:08","date_gmt":"2026-05-04T07:16:08","guid":{"rendered":"https:\/\/nai500.com\/?p=634829"},"modified":"2026-05-04T00:16:08","modified_gmt":"2026-05-04T07:16:08","slug":"%e6%b7%b1%e5%ba%a6%e6%b5%8b%e8%af%84%ef%bc%9a%e8%bf%99%e4%b8%a4%e5%8f%aa%e8%82%a1%e6%81%af%e8%82%a1%e6%8f%90%e4%be%9b%e7%bb%88%e6%9e%81%e8%a2%ab%e5%8a%a8%e6%94%b6%e5%85%a5","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/05\/%e6%b7%b1%e5%ba%a6%e6%b5%8b%e8%af%84%ef%bc%9a%e8%bf%99%e4%b8%a4%e5%8f%aa%e8%82%a1%e6%81%af%e8%82%a1%e6%8f%90%e4%be%9b%e7%bb%88%e6%9e%81%e8%a2%ab%e5%8a%a8%e6%94%b6%e5%85%a5\/","title":{"rendered":"\u6df1\u5ea6\u6d4b\u8bc4\uff1a\u8fd9\u4e24\u53ea\u80a1\u606f\u80a1\u63d0\u4f9b\u7ec8\u6781\u88ab\u52a8\u6536\u5165"},"content":{"rendered":"<p>\u9760\u80a1\u606f\u6784\u5efa\u9000\u4f11\u540e\u7684\u88ab\u52a8\u6536\u5165\uff0c\u5173\u952e\u5728\u4e8e\u6807\u7684\u80fd\u5426\u5e74\u590d\u4e00\u5e74\u6301\u7eed\u6d3e\u606f\u3002<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=EPD\">Enterprise Products Partners\uff08EPD\uff09<\/a>\u4e0e<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=SO\">Southern Company\uff08SO\uff09<\/a>\u6b63\u662f\u8fd9\u6837\u7684\u9009\u62e9\uff0cEnterprise \u4ee5\u201c\u91cf\u4ef7\u5206\u79bb\u201d\u7ed3\u6784\u5c01\u88c5\u4e86\u73b0\u91d1\u6d41\u7684\u786e\u5b9a\u6027\uff0cSouthern \u4ee5\u8de8\u5468\u671f\u7684\u6d3e\u606f\u53f2\u53e0\u52a0\u7535\u529b\u9700\u6c42\u957f\u6f6e\u6784\u5efa\u4e86\u5b89\u5168\u8fb9\u9645\u3002\u4e00\u53ea\u4ee5\u5546\u4e1a\u6a21\u5f0f\u89c4\u907f\u98ce\u9669\uff0c\u53e6\u4e00\u53ea\u4ee5\u7a7f\u8d8a\u5468\u671f\u7684\u97e7\u6027\u89c1\u957f\uff0c\u5171\u540c\u4e3a\u88ab\u52a8\u6536\u5165\u7ec4\u5408\u63d0\u4f9b\u575a\u5b9e\u5e95\u5ea7\u3002<\/p>\n<p>\u8fd9\u4e24\u53ea\u80a1\u7968\u5747\u4ee5\u9887\u5177\u5438\u5f15\u529b\u7684\u6536\u76ca\u7387\u548c\u4e45\u7ecf\u9a8c\u8bc1\u7684\u6d3e\u606f\u8bb0\u5f55\u8bc1\u660e\uff1a\u6784\u5efa\u88ab\u52a8\u6536\u5165\u7ec4\u5408\u7684\u57fa\u77f3\uff0c\u672c\u5c31\u4e0d\u9700\u8981\u5192\u7740\u4e0d\u5fc5\u8981\u7684\u98ce\u9669\u3002<\/p>\n<h2>Enterprise Products Partners\uff1a\u4ee5\u6536\u8d39\u6a21\u5f0f\u5f7b\u5e95\u7ed5\u5f00\u5546\u54c1\u98ce\u9669<\/h2>\n<p>\u80fd\u6e90\u4ef7\u683c\u7684\u5267\u70c8\u6ce2\u52a8\u8ba9\u591a\u6570\u80fd\u6e90\u80a1\u96be\u4ee5\u6210\u4e3a\u53ef\u9760\u7684\u88ab\u52a8\u6536\u5165\u6765\u6e90\uff0c\u4f46 Enterprise \u662f\u4e2a\u4f8b\u5916\u3002\u4f5c\u4e3a\u5317\u7f8e\u4e2d\u6e38\u5de8\u5934\uff0c\u5b83\u7684\u6838\u5fc3\u4e1a\u52a1\u4e0d\u662f\u4e70\u5356\u6cb9\u6c14\uff0c\u800c\u662f\u5411\u80fd\u6e90\u516c\u53f8\u6536\u53d6\u7ba1\u9053\u3001\u50a8\u5b58\u53ca\u8fd0\u8f93\u8bbe\u65bd\u7684\u4f7f\u7528\u8d39\uff0c\u4e1a\u7ee9\u53d6\u51b3\u4e8e\u6d41\u7ecf\u7cfb\u7edf\u7684\u80fd\u6e90\u6570\u91cf\u800c\u975e\u4ef7\u683c\u3002\u9700\u6c42\u7aef\u5e38\u5e74\u4fdd\u6301\u97e7\u6027\uff0c\u56e0\u6b64\u516c\u53f8\u76c8\u5229\u4e0e\u6cb9\u4ef7\u6ce2\u52a8\u9ad8\u5ea6\u8131\u94a9\u3002<\/p>\n<p>\u8fd9\u4e00\u6a21\u5f0f\u6700\u76f4\u63a5\u7684\u8bc1\u636e\u662f\u6d3e\u606f\u7eaa\u5f55\uff1aEnterprise \u5df2\u5b9e\u73b0\u8fde\u7eed27\u5e74\u63d0\u9ad8\u6d3e\u606f\uff0c\u51e0\u4e4e\u8d2f\u7a7f\u5176\u4f5c\u4e3a\u4e1a\u4e3b\u6709\u9650\u5408\u4f19\u4f01\u4e1a\uff08MLP\uff09\u516c\u5f00\u4e0a\u5e02\u4ee5\u6765\u7684\u5168\u90e8\u5386\u53f2\u30022025\u5e74\uff0c\u53ef\u5206\u914d\u73b0\u91d1\u6d41\u5bf9\u6d3e\u606f\u7684\u8986\u76d6\u7387\u9ad8\u8fbe1.7\u500d\uff0c\u5373\u4fbf\u7ecf\u8425\u73af\u5883\u51fa\u73b0\u8f83\u5927\u9006\u98ce\uff0c\u6d3e\u606f\u4e5f\u6709\u5145\u8db3\u5b89\u5168\u57ab\u3002\u5f53\u524d\u8be5\u80a1\u6536\u76ca\u7387\u7ea65.6%\uff0c\u5bf9\u4fdd\u5b88\u578b\u6295\u8d44\u8005\u6781\u5177\u5438\u5f15\u529b\u3002<\/p>\n<p>\u516c\u53f8\u8d22\u52a1\u57fa\u7840\u624e\u5b9e\u3002\u4e00\u5b63\u5ea6\u8c03\u6574\u540eEBITDA\u540c\u6bd4\u589e\u957f10%\u81f327\u4ebf\u7f8e\u5143\uff0c\u8fd0\u8425\u5c42\u9762\u7684\u53ef\u5206\u914d\u73b0\u91d1\u6d41\u4e0a\u53475%\u81f321.1\u4ebf\u7f8e\u5143\uff0c\u8d44\u4ea7\u8d1f\u503a\u8868\u7ee7\u7eed\u5904\u4e8e\u5065\u5eb7\u72b6\u6001\uff0c\u6760\u6746\u7387\u7ef4\u6301\u7ea63.2\u500d\uff0c\u5b63\u5ea6\u6d3e\u606f\u7a33\u6b65\u63d0\u5347\u3002\u4eca\u5e74\u589e\u957f\u6027\u8d44\u672c\u652f\u51fa\u867d\u4e0a\u8c03\u81f329\u4ebf\u81f332\u4ebf\u7f8e\u5143\u533a\u95f4\uff0c\u4f46\u516c\u53f8\u4ecd\u9884\u8ba1\u5168\u5e74\u4ea7\u751f\u7ea610\u4ebf\u7f8e\u5143\u7684\u81ea\u7531\u88c1\u91cf\u81ea\u7531\u73b0\u91d1\u6d41\uff0c\u5e76\u5df2\u5b8c\u6210\u4e00\u7b146\u4ebf\u7f8e\u5143\u8d44\u4ea7\u51fa\u552e\uff0c\u8fdb\u4e00\u6b65\u589e\u539a\u8d22\u52a1\u5f39\u6027\u3002<\/p>\n<h2>Southern Company\uff1a\u4ee578\u5e74\u6d3e\u606f\u53f2\u627f\u8f7d\u6570\u636e\u4e2d\u5fc3\u65b0\u9700\u6c42<\/h2>\n<p>Southern Company \u63d0\u4f9b\u7684\u88ab\u52a8\u6536\u5165\u5219\u4f9d\u6258\u4e8e\u5f02\u5e38\u60a0\u4e45\u7684\u6d3e\u606f\u6587\u5316\u4e0e\u5f53\u4ee3\u7535\u529b\u9700\u6c42\u7684\u7ed3\u6784\u6027\u589e\u957f\u3002\u80a1\u606f\u5df2\u8fde\u7eed78\u5e74\u4fdd\u6301\u589e\u52a0\u6216\u6301\u5e73\uff0c\u6700\u8fd124\u5e74\u66f4\u662f\u9010\u5e74\u9012\u589e\uff0c\u662f\u7f8e\u56fd\u516c\u7528\u4e8b\u4e1a\u9886\u57df\u6700\u5177\u8fde\u7eed\u6027\u7684\u6d3e\u606f\u8005\u4e4b\u4e00\u3002\u5f53\u524d3.2%\u7684\u80a1\u606f\u6536\u76ca\u7387\uff0c\u4ea6\u9ad8\u4e8e\u516c\u7528\u4e8b\u4e1a\u677f\u57572.6%\u7684\u5747\u503c\u3002<\/p>\n<p>\u4f5c\u4e3a\u5168\u7f8e\u6700\u5927\u7684\u53d7\u76d1\u7ba1\u516c\u7528\u4e8b\u4e1a\u516c\u53f8\u4e4b\u4e00\uff0cSouthern\u7ecf\u8425\u7535\u529b\u548c\u5929\u7136\u6c14\u8d44\u4ea7\uff0c\u98ce\u683c\u6781\u5ea6\u5ba1\u614e\uff0c\u540c\u65f6\u6b63\u53d7\u76ca\u4e8e\u6570\u636e\u4e2d\u5fc3\u5efa\u8bbe\u5e26\u6765\u7684\u7535\u529b\u9700\u6c42\u6fc0\u589e\u3002\u6839\u636e\u9ea6\u80af\u9521\u516c\u53f8\u7814\u7a76\uff0c\u5230\u672c\u5341\u5e74\u672b\u4ec5\u6570\u636e\u4e2d\u5fc3\u5efa\u8bbe\u652f\u51fa\u5373\u8fbe1.7\u4e07\u4ebf\u7f8e\u5143\u3002Southern \u8986\u76d6\u7684\u4f50\u6cbb\u4e9a\u3001\u963f\u62c9\u5df4\u9a6c\u3001\u5bc6\u897f\u897f\u6bd4\u7b49\u4e1c\u5357\u90e8\u5730\u533a\uff0c\u56e0\u571f\u5730\u53ca\u80fd\u6e90\u6210\u672c\u4f18\u52bf\uff0c\u5df2\u6210\u4e3a Alphabet\u3001Meta\u3001\u5fae\u8f6f\u7b49\u8d85\u5927\u89c4\u6a21\u4e91\u5382\u5546\u7684\u805a\u96c6\u5730\u3002<\/p>\n<p>\u4e3a\u627f\u63a5\u8fd9\u4e00\u9700\u6c42\uff0cSouthern \u5c062026-2030\u5e74\u8d44\u672c\u652f\u51fa\u8ba1\u5212\u4e0a\u8c03\u81f3810\u4ebf\u7f8e\u5143\uff0c\u5df2\u9501\u5b9a10\u5409\u74e6\u5927\u578b\u8d1f\u8377\u5bb9\u91cf\uff0c\u5e76\u6709\u9ad8\u8fbe75\u5409\u74e6\u7684\u6f5c\u5728\u9700\u6c42\u50a8\u5907\u3002CFO David P. Poroch \u9884\u8ba1\uff0c\u4e3b\u8981\u7531\u6570\u636e\u4e2d\u5fc3\u9a71\u52a8\u7684\u5546\u4e1a\u7535\u529b\u9500\u552e\u81f3\u672c\u5341\u5e74\u672b\u5c06\u4fdd\u6301\u5e74\u5747\u7ea620%\u7684\u589e\u901f\uff0c\u6210\u4e3a\u6536\u5165\u589e\u957f\u7684\u6838\u5fc3\u52a8\u529b\u3002<\/p>\n<p>\u66f4\u96be\u66ff\u4ee3\u7684\u662f\u6838\u7535\u8d44\u4ea7\u30022024\u5e74 Vogtle \u6838\u7535\u7ad93\u53f7\u4e0e4\u53f7\u673a\u7ec4\u5168\u9762\u6295\u4ea7\u540e\uff0cSouthern \u62e5\u6709\u4e86\u5168\u7f8e\u6700\u5927\u6838\u7535\u7ad9\uff0c\u63d0\u4f9b\u4e86\u79d1\u6280\u5de8\u5934\u8ffd\u6c42\u78b3\u4e2d\u548c\u76ee\u6807\u65f6\u6240\u8feb\u5207\u9700\u8981\u7684\u7a33\u5b9a\u65e0\u78b3\u7535\u529b\u3002\u5728\u591a\u6570\u5730\u533a\u9762\u4e34\u7535\u7f51\u7ea6\u675f\u7684\u80cc\u666f\u4e0b\uff0cSouthern \u662f\u5c11\u6570\u80fd\u4fdd\u969c\u5927\u89c4\u6a21\u6301\u7eed\u7535\u529b\u4f9b\u5e94\u7684\u516c\u7528\u4e8b\u4e1a\u516c\u53f8\u3002<\/p>\n<p>\u8d22\u52a1\u4e0a\uff0c2025\u5e74\u516c\u53f8\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u589e\u957f6%\u81f34.30\u7f8e\u5143\uff0c2026\u5e74\u9884\u8ba1\u7ee7\u7eed\u589e\u957f\u81f34.50-4.60\u7f8e\u5143\u533a\u95f4\u3002\u4f34\u968f\u6570\u636e\u4e2d\u5fc3\u9500\u552e\u8fde\u7eed\u7b2c\u4e8c\u5e74\u589e\u957f17%\uff0c\u516c\u53f8\u9884\u671f\u7535\u529b\u9500\u552e\u81f3\u672c\u5341\u5e74\u672b\u5e74\u5747\u589e\u957f10%\uff0c\u4e3a\u672a\u6765\u80a1\u606f\u589e\u957f\u63d0\u4f9b\u660e\u786e\u652f\u6491\u30022026\u5e74\u518d\u5ea6\u4e0a\u8c03\u80a1\u606f2.7%\uff0c\u5ef6\u7eed\u4e86\u8fde\u5e74\u589e\u6d3e\u7684\u4f20\u7edf\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u9760\u80a1\u606f\u6784\u5efa\u9000\u4f11\u540e\u7684\u88ab\u52a8\u6536\u5165\uff0c\u5173\u952e\u5728\u4e8e\u6807\u7684\u80fd\u5426\u5e74\u590d\u4e00\u5e74\u6301\u7eed\u6d3e\u606f\u3002Enterprise Products Part [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":581964,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[2170,2247,2540,1859],"class_list":["post-634829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-2170","tag-2247","tag-2540","tag-1859","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\/634829","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\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=634829"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/634829\/revisions"}],"predecessor-version":[{"id":634832,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/634829\/revisions\/634832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/581964"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=634829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=634829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=634829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}