Riverstone Energy Limited (RSE)

Sector:

Investment Firms

Index:

FTSE Small Cap

798.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 900.00
  • 52 Week Low: 680.00
  • Currency: UK Pounds
  • Shares Issued: 24.59m
  • Volume: 5,520
  • Market Cap: £196.24m
  • Beta: 0.01

Riverstone Energy adds £46m to buyback after Pipestone sale

By Sean Farrell

Date: Tuesday 08 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Riverstone Energy said it would buy back an extra £46m of shares after completing the C$53m (£31m) sale of its stake in Canada's Pipestone Energy.
The oil and gas explorer said it sold its position in Pipestone for C$4.55 a share and would use the £31m proceeds to make further investments in decarbonisation and energy transition alongside the increased buyback.

Riverstone has bought back 7.74 million shares since May 2021 at a cost of about £36m, with £4m of the planned repurchases remaining.

"The board and the investment manager have now agreed to allocate an additional £46m to the programme," Riverstone said.

The company will seek shareholder approval to buy up 14.99% of its shares at a general meeting. Riverstone shares rose 4.4% to 528p at 10:43 GMT.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

RSE Market Data

Currency UK Pounds
Share Price 798.00p
Change Today -1.00p
% Change -0.13 %
52 Week High 900.00
52 Week Low 680.00
Volume 5,520
Shares Issued 24.59m
Market Cap £196.24m
Beta 0.01

RSE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.92% above the market average63.92% above the market average63.92% above the market average63.92% above the market average63.92% above the market average
74.19% above the sector average74.19% above the sector average74.19% above the sector average74.19% above the sector average74.19% above the sector average
Price Trend
25.20% above the market average25.20% above the market average25.20% above the market average25.20% above the market average25.20% above the market average
13.16% above the sector average13.16% above the sector average13.16% above the sector average13.16% above the sector average13.16% above the sector average
Income Not Available
Growth
77.25% below the market average77.25% below the market average77.25% below the market average77.25% below the market average77.25% below the market average
39.86% below the sector average39.86% below the sector average39.86% below the sector average39.86% below the sector average39.86% below the sector average

RSE Dividends

No dividends found

Trades for 30-May-2025

Time Volume / Share Price
16:35 92 @ 798.00p
16:35 17 @ 798.00p
16:35 12 @ 798.00p
16:35 2 @ 798.00p
16:35 61 @ 798.00p

RSE Key Personnel

Chair Richard Horlick

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