United Energy Group Ltd
HKEX:467
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United Energy Group Ltd's latest stock split occurred on Jul 26, 2016
The company executed a 146-for-113 stock split, meaning that for every 113 shares held, investors received 146 new shares.
Before the split, United Energy Group Ltd traded at 0.365 per share. Afterward, the share price was about 0.2258.
The adjusted shares began trading on Jul 26, 2016. This was United Energy Group Ltd's 4th stock split, following the previous one in Aug 8, 2005.
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United Energy Group Ltd
Glance View
United Energy Group Ltd. has carved out its space in the energy sector as a formidable player, with its business model intricately woven around exploration, production, and strategic distribution of energy resources. The company predominantly operates in the oil and gas sector, where it leverages advanced geological technologies to identify and exploit new reserves. This technical acumen enables United Energy to efficiently extract crude oil and natural gas, converting subterranean potential into tangible assets. The company's expansive operational footprint covers key geographical areas known for their rich hydrocarbon presence, allowing it to supply energy products across various markets. What distinguishes United Energy is its adeptness at capitalizing on market fluctuations. Through a diversified portfolio that spans upstream exploration and downstream retail supply, the company ensures steady revenue streams amid volatile commodity prices. Its revenue model hinges on long-term contracts and spot market trades, which provides both stability and opportunities for windfall profits during favorable conditions. Furthermore, United Energy invests significantly in refining and transportation infrastructure, minimizing bottlenecks and enhancing efficiency, which translates to cost savings and improved margins. By maintaining a balance between operational excellence and market adaptability, United Energy Group Ltd. sustains its growth trajectory and reinforces its position in the global energy landscape.
CUE
3902
MMI