Finance General News

Riverstone Energy reports an earning of $33 million in its 3rd quarter


Riverstone Energy, a company which invests into energy company and assets, reported an earning of $33 million (£26 million) in the 3rd quarter of this financial year this hearing comes after $12million in realizations.

The company made realized investments in Three Rivers Natural Resources, Carrier Energy Partners, and Rock Oil.

The company’s net asset value per share was $21.03 (£16.14) a share as of September 30th and made an investment of $18 million in the 3 months of the quarter.

The company’s chairman, Richard Hayden stated that the company has performed very well in the background since its listing even after the volatility of oil prices and a downturn of natural gas.

He also stated that Riverstone board members remain optimistic in the company’s current portfolio.


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