Gas Utilities

ENN ENERGY

Wellington Management Increases Stake inENN Energy by HK$71.45 Million on May 12

BlackRock Sells Shares of New Origin Energy to 5.7% Stake

Wellington Management Discloses 5.74% Stake in Towngas

JPMorgan Analyzes New Origin Energy's Operations and Privatization Proposal Progress

Sinolink Energy reports 2026 Q1 natural gas sales volume growth

Sinolink Energy Reports 2026 Q1 Natural Gas Sales Growth

ENN ENERGY released FY2025 Q3 earnings on March 27 (BJT), actual revenue HKD 30.74 B, actual EPS HKD 1.7053

ENN ENERGY released FY2025 9 Months Earnings on March 27 (BJT), actual revenue HKD 91.02 B, actual EPS HKD 4.072

ENN ENERGY released FY2025 Annual Earnings on March 27 After-Market (BJT), Actual Revenue: HKD 122.31 B (Forecast: HKD 127.51 B), Actual EPS: HKD 5.8036 (Forecast: HKD 6.4533)

ENN ENERGY released FY2025 Q4 earnings on March 27 After-Market (BJT), actual revenue HKD 31.27 B, actual EPS HKD 1.7347

New Origin Energy Announces 2025 Annual Net Profit of 5.904 Billion Yuan, Down 1.4% Year-over-Year

XinAo Energy Announced Full Year Revenue of 111.91 Billion yuan

ENN Energy Announces Fiscal Year 2025 Results

ENN ENERGY to Release FY2025 Annual Earnings on March 27 After-Market (BJT), Forecast Revenue HKD 127.56 B, EPS HKD 6.5447

UBS AG Buys and Sells Large Amounts of ENN Natural Gas Shares

JPMorgan: Middle East Situation May Intensify Global LNG Market Volatility

CICC Purchases Shares of New Ocean Energy Natural Gas Ltd

BlackRock Increases Shares of Towngas China to 5.1%

Morgan Stanley Conducts Buy-Sell Transactions in New Oriental Energy Stocks

Shanghai Electric, Transmission and Distribution Group Sign Fusion Device R&D Cooperation Agreement with New Origin Energy Institute

CH DEMETER FIN

FAMEGLOW

LUEN THAI

NEW GONOW RV

REF HOLDINGS

PARADISE ENT

WEBX HOLDING

HAICHANG HLDG

BEST FOOD HLDG

INTELLIMARK W27

Ordinary dividend (cash)

Ex Date: 2026.06.01, Cash dividend 2.35 HKD

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At yesterday's close, the daily MACD for ENN ENERGY showed preliminary bearish signals, interrupting the short-term upward momentum and putting the trend at a crossroads. The total trading volume was approximately HKD 97 million, with thin liquidity indicating insufficient market participation in this stock. As a leading private gas company in China, ENN ENERGY previously experienced a valuation recovery driven by expectations of a rebound in natural gas demand, but the current weakening technical signals suggest that the momentum for a phase rebound may be nearing its end. On a macro level, Hong Kong's GDP in the first quarter saw its strongest growth in nearly five years, with private consumption and exports performing well, providing positive support for the overall Hong Kong stock market. However, for the gas sector, a more critical variable lies in energy price trends. The current situation in the Middle East is complex and volatile—Trump announced a "freedom of navigation" plan for the Strait of Hormuz, and if shipping routes are successfully restored, international oil and gas prices may face downward pressure in the short term. The divergence between the Federal Reserve and the Treasury regarding inflation prospects has also increased the uncertainty surrounding energy price trends. Kashkari warned that geopolitical conflicts could continue to drive up inflation, while Bessenet is optimistic about a post-war decline in oil prices. For ENN ENERGY, fluctuations in gas prices directly affect its procurement costs and the price differential for downstream gas sales, leading to significant uncertainty. From a technical perspective, ENN ENERGY's trading volume is below HKD 100 million, which is considered a medium to low level of activity in the Hong Kong stock market, meaning that short-term price fluctuations are more susceptible to the influence of a few large orders. The bearish signals appeared against a backdrop of shrinking volume; although selling pressure is not heavy, there is also a lack of incremental buying support to drive the stock price upward

Technical Forecast

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ENN Energy Holdings

Pre-market trend | ENN ENERGY (2688.HK) shows weakening trend on May 4th, is the gas sector under pressure?

XNGSY

ENN Energy Holdings has announced an extension of the timetable for its privatisation scheme to April 30, 2026. The company, along with ENN Natural Gas, is progressing with its proposal to delist from the Hong Kong Stock Exchange, having secured necessary regulatory approvals. This extension allows more time to meet pre-conditions for the offer, indicating that the privatisation plan is still active despite timing risks. The latest analyst rating for ENN Energy Holdings is a Hold with a price target of HK$63.50.

Tip Ranks

ENN-NG

ENN Energy privatisation advances as scheme timetable extended to April 2026

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China's first large-scale application project for hydrogen blending in natural gas, involving 100,000 households, officially launched today in Weifang, Shandong. The project relies on the existing urban natural gas pipeline infrastructure in Weifang, enabling stable hydrogen blending and distribution of natural gas. Preliminary estimates suggest that if a 10% hydrogen blending ratio is applied to urban gas consumption nationwide, it could replace approximately 15 billion cubic meters of natural gas annually, corresponding to a reduction of about 30 million tons of carbon dioxide emissions. (CCTV News)

36Kr

SINOPEC CORP

PETROCHINA

CHINA GAS HOLD

Sinopec Corp.

New Breakthrough: China's First 100,000 Household Hydrogen Blending Natural Gas Application Project Launched

EMLP

MLPX

ENN Energy faces a critical support test in the short term, and its stock performance has attracted widespread attention from investors. From a technical perspective, analyzing the daily trend of ENN Energy shows that the current stock price is close to a significant support range from earlier periods, which can be used to assess whether this price level can lead to a rebound. Observing the moving average system indicates that the short-term moving average is crossing below the long-term moving average, forming a death cross, which suggests that there is some pressure on the short-term price trend. However, against the backdrop of a gradually recovering macroeconomic environment, the natural gas industry, which is the primary focus of ENN Energy, still has a clear long-term growth logic. Currently, attention should be paid to the actual strength of capital in the market supporting the support area and the potential impact of external information on the stock price. If trading volume increases, it could help the stock price rebound from the bottom in the short term and lead to a slight recovery. Investors should combine technical analysis with an assessment of fundamental news to balance the relationship between risk and return and adjust their holding strategies in a timely manner

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Us Natural Gas

ENN Energy challenges key support, how to develop in the short term?

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) shares gapped down from a previous close of $32.47 to open at $31.25, last trading at $32.32 with a volume of 724 shares. Zacks Research upgraded the stock to a "hold" rating, maintaining a consensus rating of "Hold". The company's 50-day moving average is $34.30, and the 200-day moving average is $34.85. ENN Energy is a leading gas distribution and integrated energy services provider in China, involved in various energy projects.

Market Beat

ENN Energy (OTCMKTS:XNGSY) Shares Gap Down   - Here's What Happened

ENN ENERGY announced its full-year results for the year ending last December, with a revenue of RMB 111.905 billion, a year-on-year increase of 1.9%. The net profit was RMB 5.904 billion, a year-on-year decrease of 1.4%; earnings per share were RMB 5.31. The company declared a final dividend of HKD 2.35, with a total annual dividend of HKD 3, resulting in a dividend payout ratio of 45.5% of core profit. Revenue and gross profit from the natural gas retail business decreased by 0.8% and 1.6%, respectively. Revenue and gross profit from the smart home business increased by 1.7% and 4.8%, respectively

AASTOCKS

According to "Blue Chip," ENN ENERGY's annual net profit is RMB 5.904 billion, a decrease of 1.4%, with a final dividend of HKD 2.35

ENN Energy Holdings Ltd. (OTCMKTS:XNGSY) shares gapped down from $32.70 to $31.17 before opening, last trading at $32.3620. Zacks Research upgraded the stock to a "hold" rating, with a consensus rating of "Hold". The company's 50-day and 200-day moving averages are $34.88 and $34.93, respectively. ENN Energy is a leading gas distribution and integrated energy services provider in China, involved in the sale and transmission of various gas types and energy consulting services.

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Alerian MLP

Tortoise N Americ Pipe

ENN Energy (OTCMKTS:XNGSY) Shares Gap Down   - Time to Sell?

ENN Energy Holdings (SEHK:2688) has attracted investor attention following a recent share price decline, closing at HK$68.30. Despite a 2.15% drop in one day and a 0.73% decline over the week, the stock has a 33.69% total return over the past year. Analysts estimate a fair value of HK$75.57, suggesting the stock is undervalued. The company is focusing on digital innovation to enhance operations and drive future growth, although risks remain from domestic conditions and market pressures. Investors are encouraged to explore other opportunities alongside ENN Energy.

Simplywall

Assessing ENN Energy Holdings (SEHK:2688) Valuation After Recent Share Price Weakness

ENN ENERGY(02688.HK)

Pre-market trend | ENN ENERGY (2688.HK) shows weakening trend on May 4th, is the gas sector under pressure?

ENN Energy privatisation advances as scheme timetable extended to April 2026

New Breakthrough: China's First 100,000 Household Hydrogen Blending Natural Gas Application Project Launched

ENN Energy challenges key support, how to develop in the short term?

ENN Energy (OTCMKTS:XNGSY) Shares Gap Down - Here's What Happened

According to "Blue Chip," ENN ENERGY's annual net profit is RMB 5.904 billion, a decrease of 1.4%, with a final dividend of HKD 2.35

ENN Energy (OTCMKTS:XNGSY) Shares Gap Down - Time to Sell?

Assessing ENN Energy Holdings (SEHK:2688) Valuation After Recent Share Price Weakness

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