Riverstone Energy Limited (GB:RSE) has released an update.
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Riverstone Energy Limited reported a 13% drop in its net asset value (NAV) to $401 million for the third quarter of 2024, with NAV per share also declining. The company’s conventional and decarbonization portfolios showed mixed performance, with notable changes in valuation multiples for investments like Permian Resources and Veren. Despite some financial challenges, Riverstone continues to focus on growth and strategic investments in both traditional and renewable energy sectors.
For further insights into GB:RSE stock, check out TipRanks’ Stock Analysis page.
