Inactive Instrument

RAK Petroleum plc

Equities

RAKP

GB00BRGBL804

Oil & Gas Exploration and Production

RAK Petroleum plc Reports Earnings Results for the Full Year Ended December 31, 2021

April 01, 2022 at 04:12 am EDT

RAK Petroleum plc reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 1,004.1 million compared to USD 614.9 million a year ago. Net income was USD 105.4 million compared to net loss of USD 130.1 million a year ago.

Basic earnings per share from continuing operations was USD 0.356 compared to basic loss per share from continuing operations of USD 0.439 a year ago. Diluted earnings per share from continuing operations was USD 0.356 compared to diluted loss per share from continuing operations of USD 0.439 a year ago.

Latest news about RAK Petroleum plc

RAK Petroleum To Begin Voluntary Liquidation, Delist From Oslo Børs	22-10-19	MT
Oslo Børs Suspends RAK Petroleum's Shares After Court Approval of Voluntary Liquidation Plan	22-10-12	MT
DNO ASA (OB:DNO) completed the acquisition of Mondoil Enterprises LLC from RAK Petroleum plc (OB:RAKP).	22-10-10	CI
RAK Petroleum Transfers DNO Shares In Line With Voluntary Liquidation Plan	22-10-10	MT
RAK Petroleum to Delist from Oslo Børs on Oct. 21	22-09-30	MT
RAK Petroleum Files to Delist from Oslo Børs	22-09-01	MT
RAK Petroleum Surges 63% Amid Plan to Delist, Liquidate; DNO to Buy West Africa Assets	22-08-22	MT
DNO ASA (OB:DNO) entered into a transaction agreement to acquire Mondoil Enterprises LLC from RAK Petroleum plc (OB:RAKP) for approximately $120 million.	22-08-21	CI
RAK Petroleum plc Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-15	CI
Rak Petroleum plc Announces the Resignation of Ahmed Jawa as A Member of the Board of Directors	22-05-12	CI
RAK Petroleum plc Reports Earnings Results for the Full Year Ended December 31, 2021	22-04-01	CI
Rak Petroleum plc Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-04	CI
Rak Petroleum plc Reports Earnings Results for the Half Year Ended June 30, 2020	20-08-16	CI
RAK Petroleum plc Appoints Mr. Nicholas W. Atencio to the Nomination Committee to Serve Until the Annual General Meeting of 2021	20-06-11	CI
Rak Petroleum plc Reports Earnings Results for the Full Year Ended December 31, 2019	20-04-30	CI
RAK Petroleum Plc Postpones Release of 2019 Annual Report and Accounts	20-03-29	CI
Rak Petroleum plc Reports Earnings Results for the Half Year Ended June 30, 2019	19-09-16	CI
RAK Petroleum plc's Equity Buyback announced on June 1, 2018, has expired.	19-05-30	CI
Rak Petroleum plc Reports Earnings Results for the Full Year Ended December 31, 2018	19-04-15	CI
Tranche Update on RAK Petroleum plc (OB:RAKP)'s Equity Buyback Plan announced on June 1, 2018.	19-04-15	CI
RAK Petroleum plc Announces Resignation of Zalmay Khalilzad as Board of Director	18-09-24	CI
RAK Petroleum plc Announces Consolidated and Company Earnings Results for the First Half Ended June 30, 2018; Provides Production Guidance for the Second Half of 2018	18-09-13	CI
RAK Petroleum plc (OB:RAKP) commences an Equity Buyback Plan under the authorization approved on June 1, 2018.	18-06-01	CI
RAK Petroleum plc Announces Consolidated and Company Earnings Results for the Year Ended December 31, 2017	18-04-29	CI
RAK Petroleum plc Reports Consolidated Earnings Results for the Half Year Ended June 30, 2017	17-09-14	CI

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Company Profile

RAK Petroleum plc is a United Kingdom-based oil and gas investment company. The Company's principal holdings are 44.94% of DNO ASA (DNO) and 33.33% of Foxtrot International LDC held through Mondoil Enterprises, LLC. (Foxtrot International). DNO holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Netherlands, Ireland and Yemen. DNO's principal producing assets and reserves are in Kurdistan where it holds two licenses, in Norway where it holds 73 license and, in the United Kingdom, where it holds 11 licenses. Its licenses are also held in the Netherlands (two license), Ireland (one license) and Yemen (one license). Foxtrot International LDC is an exploration and production company active in West Africa whose principal asset is a 27.27% interest in and operatorship of Block CI-27 offshore Cote d'Ivoire. Block CI-27 contains the two producing gas fields in the country.

Sector

Oil & Gas Exploration and Production

More about the company

Sector Oil Exploration & Production - Onshore

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