(Alliance News) - Riverstone Energy Ltd on Wednesday announced a surge in net asset value as it highlighted a changing supply picture regarding energy demand in the face of transition and war. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Riverstone Energy Ltd on Thursday said it has proposed a USD200 million tender offer of shares. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Riverstone Energy Ltd - Guernsey-based investor in renewable and non-renewable energy companies - Issues interim management statement for the period from July 1 to September 30. Reports net asset value per share as at September 30 was GBP12.76, up 25% from GBP10.23 at June 30. Profit for the period totalled USD87.2 million, no comparison was given, while profit per share was 190.74 cents. Says during the period, it invested USD13.8 million in energy transition and decarbonisation investments, bringing the total invested in this area to over USD227.6 million across thirteen investments, which in aggregate were valued at USD153 million. Read More
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. Read More
Riverstone Energy Ltd - investor in renewable and non-renewable energy companies - Launches tender offer for up to 13.8 million shares, 30.4% of its total, at GBP5.78 per share, worth GBP80 million in total. Riverstone Energy notes the tender price is the same as the stock's market close in London on Wednesday, which in turn represents a 43.5% discount to the company's net asset value as of June 30 of USD12.90, or GBP10.23. On Wednesday, Riverstone Energy issued half-year results and noted its share price discount to NAV had widened from 40.8% in June last year. This was despite the company buying back over the past three years 41% of the shares it had outstanding in May 2020. Riverstone on Thursday also notes recent asset disposals and strong cashflow as reasons for the tender offer. It says it had USD123 million in cash as of Wednesday. Read More
(Alliance News) - Riverstone Energy Ltd on Wednesday said volatile energy prices, higher interest rates, and sustained inflation hurt the value of the growth companies in which it invests in the first half of the year. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
Riverstone Energy Ltd - US, Canada, Europe and Australia-focused investment company based in Guernsey - Says portfolio company Anuvia Plant Nutrients Inc has ceased operations and is in liquidation. Adds that its investment of USD20 million made in March 2022 had been written down to USD14 million at the end of the first quarter. Expects investment to be written down to nothing in the upcoming second-quarter portfolio valuation. Read More
(Alliance News) - Riverstone Energy Ltd on Friday said its NAV per share decreased by 6% in the first quarter along with a loss for the period, and said it was restarting its share buyback programme. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More