SEHK:467Oil and Gas
United Energy Group (SEHK:467): Valuation Insights After Credit Rating and Egypt Acquisition Moves
United Energy Group (SEHK:467) has received a ‘BB-’ credit rating from Fitch for its proposed US dollar notes, shortly after acquiring Apex International Energy’s Egypt assets for USD150 million. These moves reflect management’s focus on expansion and refining its capital structure.
See our latest analysis for United Energy Group.
Following the acquisition news and Fitch's rating, investor sentiment appears to be shifting. United Energy Group boasts a robust year-to-date share price return of...