Yantai Jereh Stock Hits Day High with Strong 5.35% Intraday Surge

Yantai Jereh Oilfield Services Group Co. has experienced a significant uptick in its stock performance, gaining 5.35% on February 26, 2026. The stock reached an intraday high of CNY 111.90, showcasing its strong market position within the oil industry. Over the past month, Yantai Jereh has demonstrated impressive growth, with a 25.43% increase, significantly outperforming the China Shanghai Composite, which saw a decline of 1.37% during the same period. The company's year-to-date performance stands at 55.72%, further highlighting its robust trajectory compared to the broader market, which has only gained 2.85%. Yantai Jereh's financial metrics reflect a solid operational foundation, with a return on equity of 13.01% and a price-to-book ratio of 1.61. The company reported a notable operating cash flow of CNY 4,695.95 million and net sales growth of 39.01% in the first half of the year. With a dividend yield of 2.8%, Yantai Jereh continues to maintain a strong financial profile, positioning itself favorably in the competitive oil sector.