NYSE:BXCapital Markets
Blackstone (BX) Could Be 7% Undervalued As Kuwait Pipeline Deal Lands
Blackstone (BX) is back in focus after Kuwait Oil Company agreed to a US$16.0b lease and leaseback joint venture covering Kuwait’s entire domestic and export oil pipeline network over a 20.5 year period.
See our latest analysis for Blackstone.
The Kuwait pipeline joint venture headlines a busy period for Blackstone, with the stock trading at US$133.90 and showing a 16.03% 1 month share price return, while year to date the share price return is down 15.68%. This follows Q2 earnings and...