研報掘金丨東興證券:首予海油發展“強烈推薦”評級,油氣一體化的海上油服領軍企業
東興證券研報指出,海油發展是一傢俱有油氣一體化能源技術全產業鏈發展模式及多元化產業體系的海上油服領軍企業。2025Q1公司業績創同期歷史新高,抗週期波動能力突出,持續深化提質降本增效,經營質量持續向好。海油發展憑藉技術領先、裝備實力雄厚及資質壟斷優勢,緊密圍繞國內油氣增儲上產機遇,塑強產業競爭優勢。受益於母公司油氣開發加速,業務圍繞海洋石油生產提供支持,深化科創降本。行業景氣帶動工作量增長,公司持續受益,盈利有望提升。行業維持景氣,受益於國內“增儲上產”帶來的工作量增長,公司有望持續受益。首次覆蓋,給予“強烈推薦”評級。
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