Spread | 0.08 | ||||
Long position overnight fee Long position overnight fee
Trade size with leverage ~ £5,000.00 Short position overnight fee ~ £4,000.00 | -0.02529% | ||||
Short position overnight fee Short position overnight fee
Trade size with leverage ~ £5,000.00 Short position overnight fee ~ £4,000.00 | 0.003373% | ||||
Overnight fee time | 21:00 (UTC) | ||||
Currency | GBP | ||||
Min traded quantity | 1 | ||||
Margin | 20 | ||||
Stock exchange | United Kingdom of Great Britain and Northern Ireland | ||||
Commission on trade1 | 0% |
Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information
Prev. Close | 9.08 |
Open | 8.96 |
1-Year Change | 62.03% |
Day's Range | 8.96 - 9.11 |
Riverstone Energy Limited (REL) is a closed-end investment company. The Fund's investment objective is to generate long-term capital growth by investing in the global energy sector, with a particular focus on opportunities in the exploration, and production and midstream energy sub-sectors. The Fund may also make investments in other energy sub-sectors, including energy services, and power and coal. The Fund 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. REL has made over 10 investments spanning conventional and unconventional oil and gas activities in the Gulf of Mexico, Continental United States, Western Canada, the United Kingdom North Sea, the Norwegian Sea and Mexico. The Fund's investment manager is Riverstone International Limited.
BRIEF: For the fiscal year ended 31 December 2021, Riverstone Energy Ltd revenues increased from -$315.9M to $346.7M. Net income totaled $341.9M vs. loss of $318.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Directors fees and expenses decrease of 5% to $648K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$4.42 to $5.62.