{"id":31357,"date":"2026-05-13T10:04:09","date_gmt":"2026-05-13T03:04:09","guid":{"rendered":"https:\/\/edutrade.vn\/?p=31357"},"modified":"2026-05-13T10:04:09","modified_gmt":"2026-05-13T03:04:09","slug":"cach-thuc-mot-tap-doan-dau-khi-my-ung-pho-voi-bien-dong-gia-dau","status":"publish","type":"post","link":"https:\/\/edutrade.vn\/en\/cach-thuc-mot-tap-doan-dau-khi-my-ung-pho-voi-bien-dong-gia-dau\/","title":{"rendered":"C\u00e1ch th\u1ee9c m\u1ed9t t\u1eadp \u0111o\u00e0n d\u1ea7u kh\u00ed M\u1ef9 \u1ee9ng ph\u00f3 v\u1edbi bi\u1ebfn \u0111\u1ed9ng gi\u00e1 d\u1ea7u"},"content":{"rendered":"

\u201cQu\u00fd I\/2026 di\u1ec5n ra trong m\u1ed9t trong nh\u1eefng b\u1ed1i c\u1ea3nh kinh t\u1ebf v\u0129 m\u00f4 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh nh\u1ea5t m\u00e0 ng\u00e0nh n\u0103ng l\u01b0\u1ee3ng t\u1eebng tr\u1ea3i qua trong nhi\u1ec1u n\u0103m\u201d, \u00f4ng Hambly vi\u1ebft trong th\u01b0 g\u1eedi c\u1ed5 \u0111\u00f4ng.<\/p>\n

Trong qu\u00fd n\u00e0y, th\u1ecb tr\u01b0\u1eddng n\u0103ng l\u01b0\u1ee3ng to\u00e0n c\u1ea7u ch\u1ecbu \u1ea3nh h\u01b0\u1edfng t\u1eeb c\u00e1c r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb gia t\u0103ng, khi\u1ebfn gi\u00e1 d\u1ea7u t\u0103ng m\u1ea1nh.<\/p>\n

Trong khi c\u00e1c di\u1ec5n bi\u1ebfn \u0111\u00f3 cho th\u1ea5y t\u1ea7m quan tr\u1ecdng c\u1ee7a ngu\u1ed3n cung an to\u00e0n v\u00e0 \u0111\u00e1ng tin c\u1eady, ch\u00fang c\u0169ng nh\u1ea5n m\u1ea1nh t\u00ednh chu k\u1ef3 c\u1ee7a ng\u00e0nh c\u00f4ng nghi\u1ec7p n\u00e0y v\u00e0 t\u1ea7m quan tr\u1ecdng c\u1ee7a m\u1ed9t m\u00f4 h\u00ecnh kinh doanh linh ho\u1ea1t, c\u00f3 kh\u1ea3 n\u0103ng ch\u1ed1ng ch\u1ecbu cao. \u201cTrong giai \u0111o\u1ea1n b\u1ea5t \u1ed5n hi\u1ec7n nay, chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a ch\u00fang t\u00f4i l\u00e0 t\u1eadp trung v\u00e0o nh\u1eefng g\u00ec m\u00ecnh c\u00f3 th\u1ec3 ki\u1ec3m so\u00e1t – ph\u00e2n b\u1ed5 v\u1ed1n c\u00f3 k\u1ef7 lu\u1eadt, v\u1eadn h\u00e0nh an to\u00e0n v\u00e0 \u1ed5n \u0111\u1ecbnh, c\u00f9ng c\u00e1c d\u1ef1 \u00e1n d\u00e0i h\u1ea1n\u201d, \u00f4ng b\u1ed5 sung.<\/p>\n

\u201cTrong qu\u00fd n\u00e0y, vi\u1ec7c kh\u00f4ng th\u1ef1c hi\u1ec7n ph\u00f2ng h\u1ed9 gi\u00e1 d\u1ea7u gi\u00fap c\u00f4ng ty t\u1eadn d\u1ee5ng ho\u00e0n to\u00e0n l\u1ee3i \u00edch t\u1eeb gi\u00e1 d\u1ea7u t\u0103ng. Do gi\u00e1 d\u1ea7u c\u00f3 th\u1ec3 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh theo c\u1ea3 hai chi\u1ec1u, ch\u00fang t\u00f4i quy\u1ebft \u0111\u1ecbnh kh\u00f4ng tri\u1ec3n khai c\u00e1c h\u1ee3p \u0111\u1ed3ng ph\u00f2ng h\u1ed9 d\u1ea7u trong qu\u00fd. N\u1ec1n t\u1ea3ng t\u00e0i ch\u00ednh v\u1eefng m\u1ea1nh cho ph\u00e9p ch\u00fang t\u00f4i duy tr\u00ec c\u00e1ch ti\u1ebfp c\u1eadn n\u00e0y \u0111\u1ed3ng th\u1eddi gi\u1eef \u0111\u01b0\u1ee3c s\u1ef1 linh ho\u1ea1t \u0111\u1ec3 th\u00edch \u1ee9ng v\u1edbi thay \u0111\u1ed5i c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 t\u1ed1i \u0111a h\u00f3a gi\u00e1 tr\u1ecb cho c\u1ed5 \u0111\u00f4ng\u201d, \u00f4ng b\u1ed5 sung. \u201cLi\u00ean quan t\u1edbi k\u1ebf ho\u1ea1ch chi ti\u00eau v\u1ed1n (capex), ch\u00fang t\u00f4i tr\u00e1nh t\u0103ng chi ti\u00eau ch\u1ec9 v\u00ec bi\u1ebfn \u0111\u1ed9ng gi\u00e1 ng\u1eafn h\u1ea1n v\u00e0 gi\u1eef nguy\u00ean h\u01b0\u1edbng d\u1eabn capex n\u0103m 2026\u201d, \u00f4ng Hambly cho bi\u1ebft.<\/p>\n

C\u00f4ng ty th\u0103m d\u00f2 v\u00e0 khai th\u00e1c c\u00f3 tr\u1ee5 s\u1edf t\u1ea1i Houston b\u00e1o c\u00e1o l\u1ee3i nhu\u1eadn r\u00f2ng 53 tri\u1ec7u USD v\u00e0 l\u1ee3i nhu\u1eadn r\u00f2ng \u0111i\u1ec1u ch\u1ec9nh sau c\u00e1c y\u1ebfu t\u1ed1 b\u1ea5t th\u01b0\u1eddng \u0111\u1ea1t 46,5 tri\u1ec7u USD trong qu\u00fd I, \u0111\u1ec1u gi\u1ea3m so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc.<\/p>\n

D\u00f9 l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh g\u1ea7n b\u1eb1ng m\u1ed9t n\u1eeda qu\u00fd I\/2025, l\u1ee3i nhu\u1eadn \u0111i\u1ec1u ch\u1ec9nh tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu \u0111\u1ea1t 0,32 USD trong giai \u0111o\u1ea1n t\u1eeb th\u00e1ng 1 \u0111\u1ebfn th\u00e1ng 3\/2026 v\u1eabn cao h\u01a1n d\u1ef1 b\u00e1o \u0111\u1ed3ng thu\u1eadn c\u1ee7a Zacks l\u00e0 0,29 USD, nh\u1edd s\u1ea3n l\u01b0\u1ee3ng khai th\u00e1c tr\u00ean b\u1edd t\u1ea1i M\u1ef9 t\u0103ng v\u00e0 gi\u00e1 kh\u00ed t\u1ef1 nhi\u00ean th\u1ef1c nh\u1eadn cao h\u01a1n. C\u00f4ng ty ni\u00eam y\u1ebft t\u1ea1i New York City c\u00f4ng b\u1ed1 c\u1ed5 t\u1ee9c 0,35 USD\/c\u1ed5 phi\u1ebfu.<\/p>\n

T\u1ed5ng s\u1ea3n l\u01b0\u1ee3ng r\u00f2ng c\u1ee7a Murphy Oil, bao g\u1ed3m l\u1ee3i \u00edch c\u1ed5 \u0111\u00f4ng kh\u00f4ng ki\u1ec3m so\u00e1t (NCI), t\u0103ng t\u1eeb 163.374 th\u00f9ng d\u1ea7u quy \u0111\u1ed5i\/ng\u00e0y (boepd) trong qu\u00fd I\/2025 l\u00ean 180.053 boepd trong qu\u00fd I\/2026. N\u1ebfu kh\u00f4ng t\u00ednh NCI, s\u1ea3n l\u01b0\u1ee3ng r\u00f2ng trung b\u00ecnh \u0111\u1ea1t 174.236 boepd, t\u0103ng t\u1eeb 157.220 boepd.<\/p>\n

Trong m\u1ea3ng d\u1ea7u th\u00f4 v\u00e0 condensate, s\u1ea3n l\u01b0\u1ee3ng tr\u00ean b\u1edd t\u1ea1i M\u1ef9 t\u0103ng l\u00ean 28.497 th\u00f9ng\/ng\u00e0y, trong khi ngo\u00e0i kh\u01a1i M\u1ef9 gi\u1ea3m c\u00f2n 51.839 th\u00f9ng\/ng\u00e0y. S\u1ea3n l\u01b0\u1ee3ng tr\u00ean b\u1edd v\u00e0 ngo\u00e0i kh\u01a1i t\u1ea1i Canada \u0111\u1ec1u t\u0103ng, l\u1ea7n l\u01b0\u1ee3t l\u00ean 2.932 th\u00f9ng\/ng\u00e0y v\u00e0 9.006 th\u00f9ng\/ng\u00e0y.<\/p>\n

S\u1ea3n l\u01b0\u1ee3ng kh\u00ed h\u00f3a l\u1ecfng t\u1ef1 nhi\u00ean (NGL) t\u1ea1i M\u1ef9 t\u0103ng c\u1ea3 tr\u00ean b\u1edd l\u1eabn ngo\u00e0i kh\u01a1i, l\u1ea7n l\u01b0\u1ee3t \u0111\u1ea1t 5.856 th\u00f9ng\/ng\u00e0y v\u00e0 4.298 th\u00f9ng\/ng\u00e0y.<\/p>\n

S\u1ea3n l\u01b0\u1ee3ng kh\u00ed \u0111\u1ed1t t\u1ea1i M\u1ef9 c\u0169ng t\u0103ng \u1edf c\u1ea3 hai khu v\u1ef1c, \u0111\u1ea1t 33,08 tri\u1ec7u feet kh\u1ed1i\/ng\u00e0y (MMcfpd) tr\u00ean b\u1edd v\u00e0 51,15 MMcfpd ngo\u00e0i kh\u01a1i. S\u1ea3n l\u01b0\u1ee3ng \u0111\u00f3ng g\u00f3p t\u1eeb Canada (tr\u00ean b\u1edd) t\u0103ng l\u00ean 377 MMcfpd.<\/p>\n

Murphy Oil b\u00e1n t\u1ed5ng c\u1ed9ng 179.223 boepd, bao g\u1ed3m NCI, t\u0103ng t\u1eeb 163.938 boepd c\u1ee7a qu\u00fd I\/2025. N\u1ebfu lo\u1ea1i tr\u1eeb NCI, doanh s\u1ed1 r\u00f2ng \u0111\u1ea1t 173.354 boepd, t\u0103ng t\u1eeb 157.996 boepd.<\/p>\n

Gi\u00e1 d\u1ea7u th\u00f4 v\u00e0 condensate th\u1ef1c nh\u1eadn t\u1ea1i M\u1ef9 tr\u00ean b\u1edd t\u0103ng so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc l\u00ean 73,44 USD\/th\u00f9ng. Gi\u00e1 ngo\u00e0i kh\u01a1i M\u1ef9 gi\u1ea3m xu\u1ed1ng 71,65 USD\/th\u00f9ng. D\u1ea7u th\u00f4 v\u00e0 condensate c\u1ee7a Murphy Oil t\u1ea1i Canada, c\u1ea3 tr\u00ean b\u1edd l\u1eabn ngo\u00e0i kh\u01a1i, \u0111\u1ec1u b\u00e1n \u0111\u01b0\u1ee3c gi\u00e1 cao h\u01a1n so v\u1edbi qu\u00fd I\/2025.<\/p>\n

Gi\u00e1 NGL th\u1ef1c nh\u1eadn t\u1ea1i M\u1ef9 v\u00e0 Canada gi\u1ea3m theo n\u0103m, trong khi c\u00f4ng ty ghi nh\u1eadn gi\u00e1 kh\u00ed t\u1ef1 nhi\u00ean th\u1ef1c nh\u1eadn cao h\u01a1n \u1edf c\u1ea3 hai n\u01b0\u1edbc: 3,74 USD\/1.000 feet kh\u1ed1i t\u1ea1i M\u1ef9 tr\u00ean b\u1edd, 5,68 USD ngo\u00e0i kh\u01a1i M\u1ef9 v\u00e0 2,44 USD t\u1ea1i Canada tr\u00ean b\u1edd.<\/p>\n

Doanh thu t\u0103ng t\u1eeb 665,71 tri\u1ec7u USD trong qu\u00fd I\/2025 l\u00ean 733,55 tri\u1ec7u USD trong qu\u00fd I\/2026. D\u00f2ng ti\u1ec1n r\u00f2ng t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh t\u0103ng t\u1eeb 300,68 tri\u1ec7u USD l\u00ean 321,18 tri\u1ec7u USD.<\/p>\n

D\u00f2ng ti\u1ec1n t\u1ef1 do (FCF) v\u00e0 FCF \u0111i\u1ec1u ch\u1ec9nh trong qu\u00fd I\/2026 l\u1ea7n l\u01b0\u1ee3t \u0111\u1ea1t 41,4 tri\u1ec7u USD v\u00e0 \u00e2m 61,7 tri\u1ec7u USD, so v\u1edbi FCF \u00e2m 44,9 tri\u1ec7u USD v\u00e0 FCF \u0111i\u1ec1u ch\u1ec9nh \u00e2m 108 tri\u1ec7u USD c\u1ee7a qu\u00fd I\/2025.<\/p>\n

T\u1ed5ng t\u00e0i s\u1ea3n ng\u1eafn h\u1ea1n \u0111\u1ea1t 936,95 tri\u1ec7u USD, bao g\u1ed3m 378,75 tri\u1ec7u USD ti\u1ec1n m\u1eb7t v\u00e0 c\u00e1c kho\u1ea3n t\u01b0\u01a1ng \u0111\u01b0\u01a1ng ti\u1ec1n. T\u1ed5ng n\u1ee3 ng\u1eafn h\u1ea1n \u1edf m\u1ee9c 1,13 t\u1ef7 USD, bao g\u1ed3m 2,55 tri\u1ec7u USD n\u1ee3 d\u00e0i h\u1ea1n v\u00e0 ngh\u0129a v\u1ee5 thu\u00ea t\u00e0i ch\u00ednh \u0111\u1ebfn h\u1ea1n.<\/p>\n

Murphy Oil c\u00f3 t\u1ed5ng thanh kho\u1ea3n 2,38 t\u1ef7 USD v\u00e0o cu\u1ed1i qu\u00fd I\/2026. Ngo\u00e0i ti\u1ec1n m\u1eb7t v\u00e0 c\u00e1c kho\u1ea3n t\u01b0\u01a1ng \u0111\u01b0\u01a1ng ti\u1ec1n, con s\u1ed1 n\u00e0y c\u00f2n bao g\u1ed3m h\u1ea1n m\u1ee9c t\u00edn d\u1ee5ng kh\u00f4ng c\u00f3 t\u00e0i s\u1ea3n \u0111\u1ea3m b\u1ea3o tr\u1ecb gi\u00e1 2 t\u1ef7 USD ch\u01b0a s\u1eed d\u1ee5ng.<\/p>\n

\n
\n

Theo petrotimes, do Edu Trade bi\u00ean so\u1ea1n.<\/p>\n<\/div>\n<\/div>\n

\n
<\/div>\n<\/div>\n
<\/div>","protected":false},"excerpt":{"rendered":"

\u201cQu\u00fd I\/2026 di\u1ec5n ra trong m\u1ed9t trong nh\u1eefng b\u1ed1i c\u1ea3nh kinh t\u1ebf v\u0129 m\u00f4 bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh nh\u1ea5t m\u00e0 ng\u00e0nh n\u0103ng l\u01b0\u1ee3ng t\u1eebng tr\u1ea3i qua trong nhi\u1ec1u n\u0103m\u201d, \u00f4ng Hambly vi\u1ebft trong th\u01b0 g\u1eedi c\u1ed5 \u0111\u00f4ng. Trong qu\u00fd n\u00e0y, th\u1ecb tr\u01b0\u1eddng n\u0103ng l\u01b0\u1ee3ng to\u00e0n c\u1ea7u ch\u1ecbu \u1ea3nh h\u01b0\u1edfng t\u1eeb c\u00e1c r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb […]<\/p>","protected":false},"author":86,"featured_media":31358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","layout":"right-sidebar-narrow","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"no-crop","single_post_gallery_size":"crop-715"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":"\u00d4ng Eric M. Hambly, Ch\u1ee7 t\u1ecbch ki\u00eam T\u1ed5ng Gi\u00e1m \u0111\u1ed1c Murphy Oil, cho bi\u1ebft c\u00f4ng ty \u0111ang tr\u00e1nh \u0111\u01b0a ra c\u00e1c quy\u1ebft \u0111\u1ecbnh mang t\u00ednh d\u1ef1 b\u00e1o d\u1ef1a tr\u00ean bi\u1ebfn \u0111\u1ed9ng gi\u00e1 d\u1ea7u hi\u1ec7n nay."},"jnews_primary_category":[],"footnotes":""},"categories":[149],"tags":[],"class_list":["post-31357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc"],"acf":[],"_links":{"self":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts\/31357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/users\/86"}],"replies":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/comments?post=31357"}],"version-history":[{"count":1,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts\/31357\/revisions"}],"predecessor-version":[{"id":31359,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts\/31357\/revisions\/31359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/media\/31358"}],"wp:attachment":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/media?parent=31357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/categories?post=31357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/tags?post=31357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}