{"id":1444090,"date":"2026-03-02T09:23:47","date_gmt":"2026-03-02T08:23:47","guid":{"rendered":"https:\/\/www.payoff.ch\/news\/the-week-oil-in-focus"},"modified":"2026-03-03T11:26:34","modified_gmt":"2026-03-03T10:26:34","slug":"the-week-oil-in-focus","status":"publish","type":"post","link":"https:\/\/www.payoff.ch\/en\/news\/the-week-oil-in-focus","title":{"rendered":"&#8220;The Week&#8221;: Oil in focus"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Switzerland<\/h3>\n\n\n\n<p>The shares of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/CH0008038389\" target=\"_blank\" rel=\"noreferrer noopener\">Swiss Prime Site AG<\/a><\/strong> (stock exchange symbol: SPSN SW) are doing really well in 2026: +19.07% since the turn of the year. <em>According to my quantitative models, the operating result (EBIT) would improve from CHF 403 million to CHF 523.5 million between 2023 and 2028. With an expected EBIT margin of 77.7% in 2028, everything would simply fall into place.   <\/em>It would be important to reinvest the dividend annually in new securities.<br>Trading strategy: Buy<\/p>\n\n\n\n<p>The shares of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/CH1429326825\" target=\"_blank\" rel=\"noreferrer noopener\">Siegfried Holding<\/a><\/strong> (stock market symbol: SFZN SW) have made a top-class stock market comeback: +14.88% since the turn of the year 2025\/2026. In my view, the CHF 3.75 billion stock is convincing across the board. <em>The operating result (EBIT) would increase from CHF 191.9 million to CHF 290.9 million between 2023 and 2028. With an expected record EBIT margin of 17.75% in 2028, everything would be right here too. <\/em><br>Trading strategy: Buy<\/p>\n\n\n\n<p>The <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/CH0011108872\" target=\"_blank\" rel=\"noreferrer noopener\">Mobimo Holding AG<\/a><\/strong> (stock market symbol: MOBN SW) is also in top form, exceeding the CHF 3 billion mark in terms of market capitalization for the first time. <em>The operating result (EBIT) would rise from CHF 77 million to CHF 76.7 million in the period from 2023 to 2028, which would be a remarkable development for this sector.<\/em> It would make sense to reinvest the dividend in new shares year after year.<br><strong>Trading strategy: <\/strong>Buy<\/p>\n\n\n\n<p>The <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/CH0015251710\" target=\"_blank\" rel=\"noreferrer noopener\">Banque Cantonale Vaudoise<\/a><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\" target=\"_blank\" rel=\"noreferrer noopener\"> <\/a><\/strong>(stock exchange symbol: BCVN SW) has strengthened in the current market environment. <em>A key point would be the dividend per share: this would improve from CHF 3.8 to CHF 4.7 between 2022 and 2027. The expected dividend yield for this year would be 3.9%. <\/em> Here, too, it would be advisable to consistently reinvest the dividend annually in new securities.<br>Trading strategy: Buy<\/p>\n\n\n\n<p>New on my recommendation list are the securities of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/CH0030380734\" target=\"_blank\" rel=\"noreferrer noopener\">Huber+Suhner<\/a><\/strong> (stock market symbol: HUBN SW), which promise considerable potential. <em>In the period between 2022 and 2027, the operating result (EBIT) would increase from CHF 103.2 million to <em>CHF<\/em><\/em> <em>161.1 million. If my models were correct, the price\/earnings ratio would fall to 26.5 in 2027, making the share interesting for value investors for the first time. <\/em><br>Trading strategy: Buy<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Europe<\/h3>\n\n\n\n<p>I am very keen on the papers from <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/IT0003128367\" target=\"_blank\" rel=\"noreferrer noopener\">Enel<\/a><\/strong> (stock market symbol: ENEL IM): <em>Between 2022 and 2027, the operating result (EBIT) would increase from EUR 11.193 billion to <em>EUR<\/em><\/em> <em>15.691 billion. With an expected dividend yield of 5.21% in 2027, everything would simply fit for this 102-billion-euro stock. <\/em> It would be crucial to reinvest the dividends annually in new securities.<br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The shares of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/FR0000121972\" target=\"_blank\" rel=\"noreferrer noopener\">Schneider Electric<\/a><\/strong> (stock market symbol: SU FP) have staged an impressive comeback: +17.79% since the turn of the year 2025\/2026 for the EUR 156 billion stock. <em>The operating result (EBIT) would rise from EUR 6.017 billion to <em>EUR <\/em>9.908 billion between 2022 and 2027, and the dividend per share would increase from <em>EUR <\/em>3.15 to <em>EUR <\/em>5.059 over the same period.<\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The securities of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/DE000ENAG999\" target=\"_blank\" rel=\"noreferrer noopener\">E.ON<\/a><\/strong> (stock exchange symbol: EOAN GY) are more than convincing, because for the first time the share price performance is also right with an increase of +22.05% since the turn of the year 2025\/2026. <em>The operating result (EBIT) could rise from EUR 5.197 billion to <em>EUR <\/em>6.891 billion between 2022 and 2027, and the EBIT margin could possibly reach 7.59% in 2027.<\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The Dutch <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/NL0000360618\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.payoff.ch\/en\/basiswerte\/NL0000360618\" rel=\"noreferrer noopener\">SBM Offshore<\/a> <\/strong>(stock exchange symbol: SBMO NA) is a leading specialist in maritime systems for oil production and has extremely well-filled order books. <em>The operating result (EBIT) would increase from EUR 788 million to <em>EUR <\/em>914.4 million between 2023 and 2028, and the dividend per share would increase from <em>EUR <\/em>0.83 to <em>EUR <\/em>1,107 over the same period; in my view, this would be exceptional and would further increase the attractiveness.<\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The stock market lights are green for <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/IT0004176001\" target=\"_blank\" rel=\"noreferrer noopener\">Prysmian<\/a><\/strong> (stock market symbol: PRY IM): +18.66% since the turn of the year 2025\/2026. <em>The operating result (EBIT) would increase from EUR 1,119 billion to <em>EUR <\/em>2,366 billion between 2022 and 2027<\/em>. In order to fully exploit the long-term effect, the dividend should be reinvested annually in new shares.<br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The development of <strong><a href=\"https:\/\/www.payoff.ch\/basiswerte\/PTEDP0AM0009\" data-type=\"link\" data-id=\"https:\/\/www.payoff.ch\/basiswerte\/PTEDP0AM0009\" target=\"_blank\" rel=\"noreferrer noopener\">EDP &#8211; Energias de Portugal<\/a><\/strong> (stock exchange symbol: EDP LI) remains exciting: <em>The operating result (EBIT) would increase from EUR 2.530 billion to <em>EUR <\/em>3.036 billion between 2022 and 2027. The EBIT margin is expected to reach 20.35% in 2027 and earnings per share would increase from <em>EUR <\/em>0.1712 to <em>EUR <\/em>0.2887. <\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The oncology specialist <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/FR0010259150\" target=\"_blank\" rel=\"noreferrer noopener\">Ipsen<\/a><\/strong> (stock exchange symbol: IPN FP) impresses with strong momentum. <em>Operating profit (EBIT) would increase from EUR 1,001 billion to <em>EUR <\/em>1,400 billion between 2023 and 2028, and earnings per share would improve from <em>EUR <\/em>7.73 to <em>EUR <\/em>11.09 over the same period; this would be exceptional and could open up considerable potential for you.<\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The development at <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/IT0005495657\" target=\"_blank\" rel=\"noreferrer noopener\">Saipem<\/a><\/strong> (stock market symbol: SPM IM): +47.26% in 2026 alone. <em>According to my models, the operating result (EBIT) would increase from EUR 150 million to <em>EUR <\/em>1.023 billion between 2022 and 2027, and the EBITDA margin would probably reach 6.54% in 2027; this would mean a new record value in the company&#8217;s history.<\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The shares of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/FR0000124141\" target=\"_blank\" rel=\"noreferrer noopener\">Veolia Environnement<\/a><\/strong> (stock market symbol: VIE FP) remain clearly on an upward trend. <em>The operating result (EBIT) would increase from EUR 3,062 billion to EUR 4,288 billion between 2022 and 2027, and the price\/earnings ratio would be around 15 in 2027, which could be considered extremely attractive for this sector by global standards.<\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The securities of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/FR0000130452\" target=\"_blank\" rel=\"noreferrer noopener\">Eiffage<\/a><\/strong> (stock market symbol: FGR FP): <em>The operating result (EBIT) would increase from EUR 2,212 billion to <em>EUR <\/em>2,806 billion between 2022 and 2027. Consistent reinvestment of the annual dividend in new securities could further increase long-term earnings. <\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The shares of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/FR0000120271\" target=\"_blank\" rel=\"noreferrer noopener\">TotalEnergies<\/a><\/strong> (stock exchange symbol: TTE FP) are developing into a new powerhouse in Europe: <em>The book value per share would increase from EUR 45.01 to <em>EUR <\/em>57.03 between 2022 and 2027. Consistent annual reinvestment of the dividend in new securities would make optimum use of the compound interest effect and increase the return in the long term. <\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The shares of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/NL0012866412\" target=\"_blank\" rel=\"noreferrer noopener\">BE Semiconductor Industries<\/a><\/strong> (stock market symbol: BEAN NA), and the key financial figures clearly indicate further potential. <em>The operating result (EBIT) would rise from EUR 294.1 million to <em>EUR <\/em>490.6 million between 2022 and 2027, which would give the stock a solid downside buffer.<\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">US\/CAN<\/h3>\n\n\n\n<p>For growth-oriented investors, it is worth taking a look at <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/US84265V1052\" target=\"_blank\" rel=\"noreferrer noopener\">Southern Copper Corporation<\/a><\/strong> (stock market symbol: SCCO US): <em>The copper producer&#8217;s operating result (EBIT) could rise from USD 4,436 billion to an impressive <em>USD <\/em>7,860 billion between 2022 and 2027. This would put the stock on the highway to success on the stock market and offer considerable growth potential. <\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>The technology value seems extremely exciting <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/US2193501051\" target=\"_blank\" rel=\"noreferrer noopener\">Corning Incorporated<\/a><\/strong> (stock market symbol: GLW US): <em><em>Operating income<\/em> could show tremendous momentum between 2023 and 2028, rising from USD 2,243 billion to <em>USD <\/em>5,861 billion. For a USD 129 billion stock, this would further underline the strong management and growth prospects. <\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>In the current market environment, the shares of <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/US4278661081\" target=\"_blank\" rel=\"noreferrer noopener\">The Hershey Company<\/a><\/strong> (stock market symbol: HSY US) are performing excellently and marking new highs. <em>Between 2023 and 2028, the book value per share could improve from USD 19.96 to USD 31.9, while the dividend per share could rise from USD 4,456 to USD 6,378.<\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p>I am also fascinated by <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/US5763231090\" target=\"_blank\" rel=\"noreferrer noopener\">MasTec Inc.<\/a><\/strong> (stock market symbol: MTZ US): +37.10% since the beginning of the year. <em>If everything goes according to plan, the operating result (EBIT) could increase from USD 80.11 million to <em>USD <\/em>1.263 billion between 2023 and 2028, which would open up a massive growth scenario.<\/em><br><strong>Trading strategy:<\/strong> Buy<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Yours sincerely,<br><strong>Fran\u00e7ois Bloch<\/strong><\/p>\n\n\n\n<div style=\"height:22px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-small-font-size\">____<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Investment idea of the week<\/h3>\n\n\n\n<p class=\"wp-embed-aspect-4-3 wp-has-aspect-ratio\">It is important to us to provide you with a concrete investment idea. This week, Fran\u00e7ois Bloch has opted for an implementation with <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/GB00BP6MXD84\" target=\"_blank\" rel=\"noreferrer noopener\">Shell<\/a><\/strong>, <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/DE000ENER6Y0\" target=\"_blank\" rel=\"noreferrer noopener\">Siemens Energy<\/a><\/strong> and <strong><a href=\"https:\/\/www.payoff.ch\/en\/basiswerte\/FR0000120271\" target=\"_blank\" rel=\"noreferrer noopener\">TotalEnergies<\/a><\/strong> pronounced.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-4-3 wp-has-aspect-ratio\">A <strong>Barrier Reverse Convertible with ISIN<\/strong> <strong><a href=\"https:\/\/structuredproducts.lukb.ch\/product\/detail\/isin\/ch1473760325\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CH1473760325<\/a><\/strong> on the three shares offers an <strong>attractive coupon of 16.10%<\/strong>, with a barrier at 59.00% and a term of 12 months as a stabilizer in any portfolio.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"_df_book df-lite\" id=\"df_1444101\"  _slug=\"barrier-reverse-convertible-on-shell-siemens-energy-totalenergies\" data-title=\"barrier-reverse-convertible-on-shell-siemens-energy-totalenergies\" wpoptions=\"true\" thumbtype=\"\" ><\/div><script class=\"df-shortcode-script\" nowprocket type=\"application\/javascript\">window.option_df_1444101 = {\"outline\":[],\"autoEnableOutline\":\"false\",\"autoEnableThumbnail\":\"false\",\"overwritePDFOutline\":\"false\",\"direction\":\"1\",\"pageSize\":\"0\",\"source\":\"https:\\\/\\\/www.payoff.ch\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/Termsheet-en-147376032.pdf\",\"wpOptions\":\"true\"}; if(window.DFLIP && window.DFLIP.parseBooks){window.DFLIP.parseBooks();}<\/script><\/p>\n\n\n\n<p class=\"wp-embed-aspect-4-3 wp-has-aspect-ratio has-small-font-size\"><\/p>\n\n\n\n<div style=\"height:67px\" aria-hidden=\"true\" class=\"wp-block-spacer wp-embed-aspect-4-3 wp-has-aspect-ratio\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-small-font-size\">____<\/h3>\n\n\n\n<p class=\"has-small-font-size\"><strong>Disclaimer<\/strong><br>payoff Media AG and Fran\u00e7ois Bloch receive neither payments nor commissions from the products mentioned.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mobimo Holding AG presents itself in top form &#8211; Impressive comeback by Schneider Electric &#8211; Growth prospects at Corning Incorporated<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[222],"tags":[229],"class_list":["post-1444090","post","type-post","status-publish","format-standard","hentry","category-trading-desk-en","tag-the-week"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/posts\/1444090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/comments?post=1444090"}],"version-history":[{"count":3,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/posts\/1444090\/revisions"}],"predecessor-version":[{"id":1444105,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/posts\/1444090\/revisions\/1444105"}],"wp:attachment":[{"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/media?parent=1444090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/categories?post=1444090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/tags?post=1444090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}