{"id":578772,"date":"2025-06-08T20:17:38","date_gmt":"2025-06-09T03:17:38","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/06\/%e5%8a%a0%e6%8b%bf%e5%a4%a7%e8%88%aa%e7%a9%ba-%e6%a3%ae%e7%a7%91%e8%83%bd%e6%ba%90-%e5%b8%82%e5%9c%ba%e9%ab%98%e7%82%b9-%e6%b7%b1%e8%b9%b2%e4%bb%b7%e5%80%bc%e8%82%a1%e6%9c%ba%e9%81%87\/"},"modified":"2025-06-08T20:18:12","modified_gmt":"2025-06-09T03:18:12","slug":"%e5%8a%a0%e6%8b%bf%e5%a4%a7%e8%88%aa%e7%a9%ba%e3%80%81%e6%a3%ae%e7%a7%91%e8%83%bd%e6%ba%90%ef%bc%9a%e5%b8%82%e5%a0%b4%e9%ab%98%e9%bb%9e%e4%b8%8b%e7%9a%84%e6%b7%b1%e8%b9%b2%e5%83%b9%e5%80%bc%e8%82%a1","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/06\/%e5%8a%a0%e6%8b%bf%e5%a4%a7%e8%88%aa%e7%a9%ba%e3%80%81%e6%a3%ae%e7%a7%91%e8%83%bd%e6%ba%90%ef%bc%9a%e5%b8%82%e5%a0%b4%e9%ab%98%e9%bb%9e%e4%b8%8b%e7%9a%84%e6%b7%b1%e8%b9%b2%e5%83%b9%e5%80%bc%e8%82%a1\/","title":{"rendered":"\u52a0\u62ff\u5927\u822a\u7a7a\u3001\u68ee\u79d1\u80fd\u6e90\uff1a\u5e02\u5834\u9ad8\u9ede\u4e0b\u7684\u6df1\u8e72\u50f9\u503c\u80a1\u6a5f\u9047"},"content":{"rendered":"

\u901a\u5e38\u60c5\u6cc1\u4e0b\uff0c\u7cbe\u660e\u7684\u6295\u8cc7\u8005\u80fd\u5920\u6d1e\u5bdf\u5e02\u5834\u62cb\u552e\u7684\u55a7\u56c2\uff0c\u628a\u63e1\u4f4f\u9006\u5411\u6295\u8cc7\u6a5f\u6703\u3002\u4f46\u5728\u725b\u5e02\u884c\u60c5\u4e0b\uff0c\u80a1\u5e02\u4f9d\u7136\u5b58\u5728\u50f9\u503c\u7aaa\u5730\u3002\u52a0\u62ff\u5927\u57fa\u6e96\u80a1\u6307S&P\/TSX\u7d9c\u5408\u6307\u6578\u6b63\u903c\u8fd1\u6b77\u53f2\u65b0\u9ad8\uff0c\u8f032025\u5e744\u67088\u65e5\u7684\u4f4e\u9ede\u5df2\u4e0a\u6f32\u8fd117%\uff0c\u5e74\u521d\u81f3\u4eca\u6f32\u5e45\u90545.75%\u3002\u4e0d\u904e\uff0c\u5e02\u5834\u4e0d\u4e4f\u4f4e\u4f30\u80a1\u7968\u7684\u8cb7\u5165\u6a5f\u6703\u3002<\/p>\n

\u591a\u502b\u591a\u8b49\u5238\u4ea4\u6613\u6240\uff08TSX\uff09\u4ecd\u6709\u5927\u91cf\u80a1\u7968\u8868\u73fe\u843d\u5f8c\u65bc\u5e02\u5834\uff0c\u6bd4\u5982\u8aaa\u4e0b\u9762\u9019\u5169\u96bb\u52a0\u62ff\u5927\u50f9\u503c\u80a1\u3002<\/p>\n

\u52a0\u62ff\u5927\u822a\u7a7a<\/strong> (TSX:AC)<\/strong><\/a><\/h2>\n

\u52a0\u62ff\u5927\u822a\u7a7a\u662f\u52a0\u62ff\u5927\u822a\u7a7a\u696d\u4e2d\u4e00\u5bb6\u906d\u53d7\u91cd\u5275\u7684\u5de8\u982d\u3002\u9019\u5bb6\u5e02\u503c60.5\u5104\u52a0\u5143\u7684\u516c\u53f8\u662f\u52a0\u62ff\u5927\u6700\u5927\u7684\u822a\u7a7a\u516c\u53f8\uff0c\u904b\u71df\u570b\u5167\u822a\u7dda\u3001\u7f8e\u52a0\u8de8\u5883\u822a\u73ed\u4ee5\u53ca\u591a\u689d\u570b\u969b\u822a\u7dda\u3002\u57282019\u5e74\u65b0\u51a0\u75ab\u60c5\u7206\u767c\u524d\uff0c\u52a0\u62ff\u5927\u822a\u7a7a\u66fe\u662f\u5168\u7403\u524d20\u5927\u822a\u7a7a\u516c\u53f8\u4e4b\u4e00\u3002<\/p>\n

\u75ab\u60c5\u4ee5\u4f86\uff0c\u8a72\u80a1\u672a\u80fd\u6062\u5fa9\u81f3\u539f\u4f86\u7684\u4f30\u503c\u6c34\u5e73\u3002\u5118\u7ba1\u66fe\u4e00\u5ea6\u505c\u98db\u6240\u6709\u822a\u73ed\uff0c\u52a0\u822a\u4ecd\u9700\u6d88\u8017\u5927\u91cf\u73fe\u91d1\u4f86\u7dad\u6301\u6a5f\u968a\u904b\u8f49\uff0c\u5c0e\u81f4\u516c\u53f8\u5728\u904b\u71df\u6536\u5165\u5c1a\u672a\u6062\u5fa9\u7684\u60c5\u6cc1\u4e0b\u80cc\u8ca0\u5de8\u984d\u50b5\u52d9\u3002<\/p>\n

\u6839\u64da2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u7684\u6700\u65b0\u8ca1\u5831\uff0c\u52a0\u62ff\u5927\u822a\u7a7a\u5831\u544a\u71df\u653652\u5104\u52a0\u5143\uff0c\u7565\u4f4e\u65bc\u53bb\u5e74\u540c\u671f\u768452.3\u5104\u52a0\u5143\u3002\u5118\u7ba1\u5982\u6b64\uff0c\u8a72\u822a\u7a7a\u516c\u53f8\u4ecd\u5be6\u73fe\u4e86\u7d043.87\u5104\u52a0\u5143\u7684\u8abf\u6574\u5f8c\u7a05\u606f\u6298\u820a\u53ca\u6524\u92b7\u524d\u5229\u6f64\uff08EBITDA\uff09\u3002\u516c\u53f8\u6301\u7e8c\u64f4\u5927\u904b\u529b\uff0c\u5118\u7ba1\u53ef\u80fd\u9700\u8981\u8f03\u9577\u6642\u9593\uff0c\u4f46\u5fa9\u8607\u4f3c\u4e4e\u5df2\u73fe\u66d9\u5149\u3002<\/p>\n

\u68ee\u79d1\u80fd\u6e90 (TSX:SU)<\/h2>\n

\u68ee\u79d1\u80fd\u6e90\u662f\u53e6\u4e00\u96bb\u906d\u53d7\u91cd\u5275\u7684\u80a1\u7968\uff0c\u4f46\u5c6c\uffff\u5b8c\u5168\u4e0d\u540c\u7684\u884c\u696d\u3002\u9019\u5bb6\u7e3d\u90e8\u4f4d\u65bc\u5361\u723e\u52a0\u88e1\uff0c\u5e02\u503c610.2\u5104\u52a0\u5143\u7684\u516c\u53f8\u662f\u4e00\u5bb6\u7d9c\u5408\u6027\u80fd\u6e90\u4f01\u696d\u3002\u516c\u53f8\u696d\u52d9\u6db5\u84cb\u6cb9\u7802\u958b\u767c\u3001\u751f\u7522\u548c\u6539\u8cea\u3001\u77f3\u6cb9\u7149\u88fd\u3001\u6d77\u4e0a\u6cb9\u6c23\u4f5c\u696d\uff0c\u4ee5\u53ca\u901a\u904e\u6279\u767c\u5206\u92b7\u7db2\u7d61\u5c07\u6700\u7d42\u7522\u54c1\u76f4\u63a5\u96f6\u552e\u7d66\u6d88\u8cbb\u8005\u3002\u8a72\u516c\u53f8\u4e5f\u5728\u7a4d\u6975\u63a8\u9032\u5411\u4f4e\u78b3\u6392\u653e\u672a\u4f86\u7684\u8f49\u578b\u3002<\/p>\n

\u8a72\u516c\u53f8\u7684\u80a1\u7968\u4ea4\u6613\u50f9\u683c\u7d04\u70ba\u6b77\u53f2\u76c8\u5229\uff08\u975c\u614b\u5e02\u76c8\u7387\uff09\u768410.29\u500d\uff0c\u53ef\u80fd\u88ab\u4f4e\u4f30\u3002\u68ee\u79d1\u80fd\u6e90\u80a1\u50f949.71\u52a0\u5143\uff0c\u6bcf\u5b63\u5ea6\u5411\u80a1\u6771\u6d3e\u767c\u6bcf\u80a10.57\u52a0\u5143\u7684\u80a1\u606f\uff0c\u5e74\u5316\u80a1\u606f\u6536\u76ca\u73874.59%\u3002\u5c0d\u65bc\u5c0b\u6c42\u9396\u5b9a\u9ad8\u80a1\u606f\u6536\u76ca\u548c\u9577\u671f\u8cc7\u672c\u589e\u503c\u7684\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u9019\u53ef\u80fd\u662f\u4e00\u500b\u503c\u5f97\u8003\u616e\u7684\u6295\u8cc7\u9078\u64c7\u3002<\/p>\n

\u6295\u8cc7\u555f\u793a<\/h2>\n

\u5c0d\u65bc\u5927\u591a\u6578\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u5728\u5e02\u5834\u4e0b\u884c\u6642\u9032\u884c\u6295\u8cc7\u4f3c\u4e4e\u4e0d\u5408\u5e38\u7406\u2014\u2014\u7576\u718a\u5e02\u4e2d\u4f3c\u4e4e\u8655\u8655\u8667\u640d\u6642\uff0c\u70ba\u4f55\u9084\u8981\u6295\u8cc7\uff1f\u4f46\u66f4\u7cbe\u660e\u7684\u6295\u8cc7\u8005\u61c2\u5f97\u5229\u7528\u9019\u4e9b\u5e02\u5834\u4e0b\u8dcc\uff0c\u5c07\u5176\u8996\u70ba\u4ee5\u4f4e\u5ec9\u50f9\u683c\u8cb7\u5165\u88ab\u4f4e\u4f30\u80a1\u7968\u7684\u6a5f\u6703\u3002\u5118\u7ba1\u4e00\u4e9b\u6295\u8cc7\u8005\u53ef\u80fd\u4e0d\u4ee5\u70ba\u7136\uff0c\u4f46\u5728\u5e02\u5834\u4e0a\u6f32\u671f\u9593\uff0c\u6295\u8cc7\u65bc\u50f9\u503c\u7aaa\u5730\u7684\u6a5f\u6703\u4f9d\u7136\u5b58\u5728\u3002<\/p>\n

\u68ee\u79d1\u80fd\u6e90\u548c\u52a0\u62ff\u5927\u822a\u7a7a\u7684\u80a1\u7968\u53ef\u80fd\u770b\u8d77\u4f86\u98a8\u96aa\u5f88\u9ad8\uff0c\u4e8b\u5be6\u4e5f\u78ba\u5be6\u5982\u6b64\u3002\u7136\u800c\uff0c\u5b83\u5011\u9577\u671f\u4f30\u503c\u6062\u5fa9\u7684\u6f5b\u529b\u662f\u5b58\u5728\u7684\u3002\u5982\u679c\u4f60\u64c1\u6709\u5747\u8861\u7684\u6295\u8cc7\u7d44\u5408\u548c\u8f03\u9ad8\u7684\u98a8\u96aa\u627f\u53d7\u80fd\u529b\uff0c\u9019\u5169\u96bb\u80a1\u7968\u53ef\u80fd\u662f\u503c\u5f97\u62bc\u6ce8\uff0c\u6709\u671b\u5728\u672a\u4f86\u5e7e\u5e74\u5e36\u4f86\u8c50\u539a\u56de\u5831\u7684\u9078\u64c7\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u901a\u5e38\u60c5\u6cc1\u4e0b\uff0c\u7cbe\u660e\u7684\u6295\u8cc7\u8005\u80fd\u5920\u6d1e\u5bdf\u5e02\u5834\u62cb\u552e\u7684\u55a7\u56c2\uff0c\u628a\u63e1\u4f4f\u9006\u5411\u6295\u8cc7\u6a5f\u6703\u3002\u4f46\u5728\u725b\u5e02\u884c\u60c5\u4e0b\uff0c\u80a1\u5e02\u4f9d\u7136\u5b58\u5728\u50f9\u503c\u7aaa\u5730\u3002\u52a0\u62ff […]<\/p>\n","protected":false},"author":27,"featured_media":555293,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431],"tags":[2159,568,2000,2233],"class_list":["post-578772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","tag-2159","tag-zh-hant-blog-tag-","tag-2000","tag-2233","sectors-oil-gas-zh-hant","locations-canada-zh-hant","exchange-tsx-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/578772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=578772"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/578772\/revisions"}],"predecessor-version":[{"id":578775,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/578772\/revisions\/578775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/555293"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=578772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=578772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=578772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}