UNITEDENERGY GP (00467.HK) will hold a Board of Directors meeting on March 28 to approve the annual performance.
Gelonghui, March 17丨UNITEDENERGY GP (00467.HK) announced that the company will hold a Board of Directors meeting on March 28, 2025, to approve the release of the annual performance announcement for the company and its subsidiaries for the year ending December 31, 2024, as well as to consider the proposal for the distribution of a final dividend (if any).
UNITEDENERGY GP: NOTICE OF BOARD MEETING
Dividend Assets have become attractive again! The Hang Seng Index has dropped over 1400 points in the last five days, while high-yield stocks such as Coal Banks "refuse to correct."
① The Hang Seng Index has fallen more than 1,400 points in the past five days. Why do dividend-paying Assets remain resilient? ② High-yield stocks such as Coal and Banks "refuse to retreat". What bullish factors may continue to drive the market?
China Merchants: With the drop in gas prices and the promotion of price alignment, the profit turning point for city gas has already appeared.
With the continuous expansion of exploration and development and advancements in engineering technology, the yield and economic viability of unconventional Henry Hub Natural Gas are expected to continue to improve, likely becoming an important component of China's natural gas supply in the future.
Selected announcements | XIABUXIABU expects a revenue decline of 20% in 2024; Nayuki's Tea expects an adjusted net loss of approximately 0.88 billion yuan to 0.97 billion yuan in 2024.
UNITEDENERGY GP: It is expected to make a profit of 1.4 billion to -1.65 billion HK dollars in 2024, achieving a turnaround from losses compared to the previous year.
United Energy Group Anticipates Turnaround to Profit in 2024
UNITEDENERGY GP (00467) issued a profit warning, expecting the annual Net income attributable to Shareholders to be approximately 1.4 billion Hong Kong dollars to 1.65 billion Hong Kong dollars, turning from a loss to a profit year-on-year.
UNITEDENERGY GP (00467) announced that the group expects to record results for the year ending December 31, 2024...
Express News | United Energy Group - Expected Result Due to One-off Oil and Gas Reserve Impairment in 2023, Others
Express News | United Energy Group Ltd - Expected Net Profit for 2024: HK$1,400 Million to HK$1,650 Million
UNITEDENERGY GP: POSITIVE PROFIT ALERT
Are Global Henry Hub Natural Gas prices about to rise? A significant increase in import volume is anticipated for Europe's summer procurement.
① Europe is experiencing a cold wave this year, coupled with the cessation of Henry Hub Natural Gas transit through Ukraine, leading to a drop in the region's natural gas inventory to 37%, far below the 60% of the previous two years; ② It is estimated that Europe needs to import an additional 250 batches of liquefied natural gas to replenish inventories to 90% before November; ③ On the other hand, the International Energy Agency warns that the liquefied natural gas market will continue to be tight this year, which will strongly support natural gas prices.
CITIC SEC: Changes in Consumer structure, the gas Industry returns to the right track while urban gas growth is moderate.
Looking ahead to 2025, the recovery of traditional demand and the "one city, one enterprise" policy are expected to drive a moderate increase in the sales volume of leading city gas companies. The recovery of gross margins and the growth in gas volume will help city gas performance regain growth, while leading city gas companies' valuations are generally at historical lows, highlighting the cost-effectiveness of investment.
Hong Kong stocks movement | Petroleum stocks continue to decline as OPEC decides to increase production as scheduled. In the short term, oil prices are still affected by tariffs and other factors.
The Petroleum stocks collectively declined. As of the time of writing, China Oilfield Services (00883) dropped 3.02%, priced at 17.32 HKD; PetroChina (00857) fell 2.41%, priced at 5.68 HKD; China Oilfield Services (02883) decreased 1.74%, priced at 6.23 HKD.
United Energy Group Limited's (HKG:467) Share Price Not Quite Adding Up
Hong Kong stocks fluctuation | UNITEDENERGY GP (00467) dropped over 10% in the morning. The China Securities Regulatory Commission announced that Orient Group Incorporation is suspected of significant financial fraud.
UNITEDENERGY GP (00467) dropped more than 10% in the morning session, as of the time of writing, it has decreased by 7.04%, priced at 0.33 HKD, with a transaction volume of 30.7825 million HKD.
Oil Prices Drop To Two-Month Lows On US Fuel Stockpile Build
New U.S. Sanctions Target Iran's Oil Supply Chain Amid Trump's 'Maximum Pressure' Push -- WSJ
Not afraid of pressure from Trump? Traders expect OPEC+ to delay the production increase plan for April again.
Despite Trump pressuring for a price cut, traders generally expect that due to a potential oversupply in the Global market, OPEC+ will postpone the planned monthly production increase set to start in April by one to three months. This is the fourth time since 2022 that OPEC+ has delayed plans to restore oil production.
Oil Rises on Supply Fears -- Market Talk
United Energy Unit to Buy 52% Stake in Energy Firm