Riverstone Energy Limited (GB:RSE) has released an update.
Riverstone Energy Limited reported a 6-7% increase in NAV per share and a basic loss per share of 46.22 cents for the first half of 2024. The company also highlighted a total liquidity of $336 million and a market capitalization of $276 million. Significant events included a $199 million tender offer reducing the share count by over a third, an active share buyback program, and a balanced portfolio focus on both conventional energy assets and decarbonization investments.
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