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North Energy ASA ( (DE:RN2) ) has provided an update.
North Energy ASA has invested in senior secured bonds issued by Petrofac Limited as part of a comprehensive restructuring process. This investment positions North Energy to potentially gain significant value, with an estimated unrealized gain based on current trading prices, contingent on the successful completion of Petrofac’s restructuring.
More about North Energy ASA
North Energy ASA is a company that operates in the energy sector, primarily focusing on investments in energy-related projects and securities.
YTD Price Performance: -11.00%
Average Trading Volume: 9,894
Technical Sentiment Signal: Strong Buy
Current Market Cap: €23.72M
See more data about RN2 stock on TipRanks’ Stock Analysis page.