United Energy Group (HKG:0467) said it was targeting 109,000 to 115,000 barrels of oil equivalent per day production during the first quarter of 2026, according to a Hong Kong bourse filing Friday.
Shares of the petroleum and natural gas firm fell over 9% in late morning trade Monday.
The company's first quarter guidance is below the 121,294 barrels of oil equivalent per day production witnessed in the last quarter of 2025.
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