United Oil & Gas (FRA:1UO) Interest Expense (Positive)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is United Oil & Gas Interest Expense (Positive)?

Interest Expense (Positive) only applies to insurance companies.

United Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges UOG:UK
Address 119-121 Cannon Street, First floor, Yarnwicke, London, GBR, EC4N 5AT
United Oil & Gas PLC is an independent oil and gas company focused on production, development, and exploration. Its core producing asset is the Abu Sennan concession onshore Egypt, operated by Kuwait Energy Egypt, where the company holds a non-operated working interest and generates most of its revenue from crude oil and gas sales. The company also holds exploration and appraisal interests in the UK North Sea and has previously held assets in Italy and Jamaica. Its portfolio spans the Greater Mediterranean and North Sea regions, with operations conducted through partnerships and joint ventures rather than as sole operator. Revenue comes primarily from the sale of hydrocarbons, supplemented by periodic farm-outs and divestments of non-core licences. The company is listed in London and trades over the counter in the United States.