? 美國所有煉油企業和綜合油氣公司第二季度都將獲得暴利。

? 飆升的煉油利潤率提高了煉油企業的盈利能力。

? 煉油利潤可能已經在第二季度見頂。

據美國油價網7月21日報道，《華爾街日報》援引投資銀行Tudor Pickering Holt & Co的估計報道說，由于第二季度汽油價格的飆升，美國最大的8家獨立煉油企業將在本月晚些時候公布他們平均每股收益（EPS）大幅增長652%。 

由于美國汽油價格在6月初飆升至每加侖5美元的歷史最高紀錄，美國所有煉油企業和所有綜合石油和天然氣公司將在第二季度獲得暴利。

由于煉油利潤率處于多年來的最高水平，美國最大的幾家煉油企業預計也將從運營中產生數十億美元的現金流。 

能源咨詢公司Baker & O 'Brien Inc副總裁查爾斯·肯普告訴《華爾街日報》：“我們看到的美國煉油企業第二季度的煉油利潤率是黃金時代的兩倍。”肯普指的是2004-2007年期間，當時美國煉油企業也錄得巨額利潤。  

得益于第二季度的高煉油利潤率和燃料需求，最大的幾家國際石油巨頭的煉油業務也將獲得不俗的收益。一些最大的國際石油巨頭已經宣布，在本月晚些時候公布第二季度利潤時，他們預計煉油部門將獲得巨額利潤。

法國能源巨頭道達爾能源公司上周表示：“考慮到餾分油和汽油裂解利潤非常高，煉油和化工行業的業績預計將非常出色。”埃克森美孚公司在7月初提交給美國證券交易委員會（SEC）的一份文件中稱，煉油行業利潤率的上升將使其第二季度業績增加44億至46億美元。與第一季度相比，殼牌公司第二季度的煉油利潤率增加了近兩倍，與今年第一季度相比，殼牌公司產品部門第二季度的業績預計將增加8億至12億美元。

不過，由于油價高企，美國汽油需求近幾周有所減弱，第二季度煉油利潤可能已達到一段時間以來的峰值。由于市場擔心經濟衰退即將到來，原油價格也從最近每桶120美元的高點下跌。 

李峻 編譯自 美國油價網

原文如下：

Top U.S. Refiners Set For 652% Surge In Profits

·     All refiners and all integrated oil and gas companies are set for a windfall of profits.

·     Extraordinary refining margins have boosted profitability.

·     Refining profits may have peaked in the second quarter.

Amid soaring gasoline prices in the second quarter, the eight biggest independent U.S. refiners are set to report later this month a huge 652% sequential jump in their average earnings per share (EPS), according to estimates from investment bank Tudor Pickering Holt & Co cited by The Wall Street Journal.

All refiners and all integrated oil and gas companies are set for a windfall of profits for the second quarter as U.S. gasoline prices soared to the highest ever on record of over $5 per gallon in early June.  

The biggest refiners are also expected to generate billions of cash flow from operations as refining margins are at their highest in many years.

“We’re seeing margins twice as high as the golden age,” Charles Kemp, a vice president at energy consulting firm Baker & O’Brien Inc, told the Journal. Kemp was referring to the 2004-2007 period, when refiners booked massive profits, too.

The largest international majors are also set for exceptional earnings at their refining businesses, thanks to high refining margins and fuel demand in the second quarter. Some of the largest international oil majors have already announced expectations of blockbuster earnings from their refining divisions when they report Q2 profits later this month.  

France’s supermajor TotalEnergies said last week that “Refining & Chemicals results are expected to be exceptional given the very high levels of distillate and gasoline cracks.” ExxonMobil said in an SEC filing in early July that the rise in industry margins is set to add between $4.4 billion and $4.6 billion to its Q2 results. At Shell, the refining margin nearly tripled in Q2 compared to Q1 and is expected to add between $800 million and $1.2 billion to the second quarter results of Shell’s Products division, compared to the first quarter 2022.

Yet, the second quarter could have been the peak refining profits for some time as gasoline demand in the United States has weakened in recent weeks in response to high prices at the pump. Crude oil prices have also dropped from the recent highs of $120 a barrel as markets fear a recession is coming.