Riverstone Energy Limited

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GG00BBHXCL35

Financial & Commodity Market Operators

Market Closed - London S.E. Other stock markets 11:35:11 2024-04-26 am EDT			5-day change	1st Jan Change
912 ^GBX	+0.44%		-0.11%	+13.86%

Apr. 19	Riverstone Credit net asset value unchanged in first quarter	AN
Mar. 07	Engelhart Commodities in talks to buy smaller rival Trailstone	RE

Riverstone Energy says Permian Resources to buy Earthstone

August 23, 2023 at 06:08 am EDT

Riverstone Energy Ltd - Guernsey-based investor in renewable and non-renewable energy companies - Says investee Permian Resources Corp, a Midland, Texas-based oil and gas company, agreed on Monday to acquire Woodlands, Texas-based Earthstone Energy Inc. The all-stock transaction is valued at about USD4.5 billion, including Earthstone's net debt. Riverstone says this will strengthen Permian's position as a "leading" exploration and production company. The transaction is expected to close during the fourth quarter.

Current stock price: 577.79 pence, up 1.0% in London on Wednesday

12-month change: down 10%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
RIVERSTONE ENERGY LIMITED	912 GBX	+0.44%	-0.11%	308M
BRENT CRUDE OIL SPOT	88.07 USD	+0.10%	+1.75%	-
WTI	83.53 USD	0.00%	+1.68%	-
PERMIAN RESOURCES CORPORATION	17.38 USD	+0.29%	+1.76%	10.15B
RIVERSTONE HOLDINGS LIMITED	0.795 SGD	-2.45%	+0.63%	865M

Latest news about Riverstone Energy Limited

Riverstone Credit net asset value unchanged in first quarter	Apr. 19	AN
Engelhart Commodities in talks to buy smaller rival Trailstone	Mar. 07	RE
Riverstone Energy Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 01	CI
EARNINGS: Leeds awaiting Hemmers sale, Macfarlane ups full-year payout	Feb. 29	AN
Riverstone Holdings’ Profit Surges in Q4 2023	Feb. 29	MT
Windward extends LSEG pact; Vinanz eyes DTC trading	Feb. 27	AN
Active Energy rejects "baseless" legal action	Feb. 23	AN
EARNINGS AND TRADING: UIL has good interim, chair to retire next month	Feb. 21	AN
Riverstone Energy to Launch $200 Million Tender Offer	Feb. 08	MT
Riverstone Energy shares rise as USD200 million tender offer launched	Feb. 08	AN
Digital 9 falls; Riverstone up on tender	Feb. 08	AN
Superdry up as takeover talk heats up	Feb. 02	AN
Puma and Puma Alpha invest in Not Another Beer	Jan. 26	AN
Riverstone Energy Limited Announces Change of Audit Committee Chair	Jan. 02	CI
Riverstone Credit successfully realises investment in Clean Energy	Dec. 20	AN
Sector Update: Energy Stocks Gain Late Afternoon	Dec. 19	MT
Sector Update: Energy Stocks Rise Tuesday Afternoon	Dec. 19	MT
Permian Resources Stockholders Price $512.4 Million Secondary Offering; Shares Fall	Dec. 19	MT
Permian Resources Launches Class A Stock Offering	Dec. 19	MT
FTSE 100 Edged Lower, Buoyed by Resilient Retail Sector	Nov. 07	DJ
Riverstone Energy’s Shares Surge on Sale of Portfolio Company Hammerhead Energy	Nov. 07	MT
Riverstone to Enter Sub-Management Deal with Breakwall Capital	Nov. 06	MT
Riverstone's Attributable Profit Slips Nearly 7% in Q3; Shares Climb 3%	Nov. 05	MT
EARNINGS: Riverstone Credit stays stable, Bloomsbury hails record half	23-10-26	AN
Riverstone Energy net asset value increases by 25%	23-10-19	AN

Chart Riverstone Energy Limited

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Company Profile

Riverstone Energy Limited is a closed-end investment company. The principal activity of the Company is to act as an investment entity through partnerships and make privately negotiated equity investments in the energy sector. The Companyâs investment objective is to generate long-term capital growth by investing in the global energy sector. It conducts buyout and growth capital investments in the exploration and production (E&P), midstream, oilfield services, power and renewable sectors of the energy industry. The Company seeks to achieve risk- adjusted returns through investing in the energy sector, with a specific focus on the energy transition and decarbonization of the global economy. It invests in public or private securities, may hold controlling or non-controlling positions in its investments, and may make investments in the form of equity, equity-related instruments, indebtedness, or derivatives. Its investment manager is RIGL Holdings, LP.

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Financial & Commodity Market Operators

Calendar

2024-05-21 - Annual General Meeting

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

9.12

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