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The latest update is out from United Energy Group ( (HK:0467) ).
United Energy Group Limited has entered into a Heads of Agreement with Uzbekneftegaz JSC to collaborate on the Gazli production enhancement project in Uzbekistan. This agreement represents a significant step in UEG’s expansion into Central Asia, aiming to boost sustainable production growth in the Gazli region and align with the company’s strategy to leverage technological expertise in hydrocarbon resource development and diversify its energy portfolio.
The most recent analyst rating on (HK:0467) stock is a Hold with a HK$0.30 price target. To see the full list of analyst forecasts on United Energy Group stock, see the HK:0467 Stock Forecast page.
More about United Energy Group
United Energy Group Limited is one of the largest listed integrated energy companies in Hong Kong, with a business presence in South Asia, MENA, and Europe. The Group is principally engaged in upstream oil and natural gas, clean energy, and energy trading businesses. Uzbekistan is a strategic focus area for the Group’s expansion into new countries.
Average Trading Volume: 81,532,063
Technical Sentiment Signal: Hold
Current Market Cap: HK$11.95B
See more insights into 0467 stock on TipRanks’ Stock Analysis page.