Core Viewpoint - The announcement by United Energy Group (00467) highlights the granting of a long-term credit rating of BB- with a stable outlook by Fitch Ratings, following a B+ rating from S&P Global Ratings, indicating strong operational performance in the global upstream oil and gas sector [1] Group 1: Credit Rating and Outlook - Fitch Ratings has assigned a long-term credit rating of BB- to United Energy Group, with a stable outlook [1] - This rating is the second international rating received by the group, following a B+ rating from S&P Global Ratings, also with a stable outlook [1] - The stable outlook reflects Fitch's expectations that the group will maintain stable production capacity, improve capital expenditure efficiency, and uphold good solvency [1] Group 2: Operational Performance and Asset Diversification - The rating underscores the group's strong operational performance in the upstream oil and gas sector [1] - United Energy Group has a highly diversified asset portfolio in key regions such as Iraq, Pakistan, Egypt, and Uzbekistan [1] - The company emphasizes its prudent financial management system as a contributing factor to its credit rating [1] Group 3: Future Implications - The company believes that the Fitch credit rating will enhance its visibility and provide strong support for future transactions and investments [1] - This rating is seen as a solid foundation for the group's long-term sustainable development in the global energy industry [1]
联合能源集团获惠誉授予作为发行人的长期信用评级BB-，评级展望稳定