Company
RAK Petroleum plc
Headquarters: Weybridge, United Kingdom
Employees: 1,264
CEO: Mr. Bijan Mossavar-Rahmani
Market Cap
kr10.88 Billion
NOK as of Oct. 1, 2022
US$999.9 Million
RAK Petroleum plc Categories
United Kingdom Energy Oil & Gas E&PUnited Kingdom Energy United Kingdom Oil & Gas E&P
Top Competitors by Market Capitalization
Industry: Oil & Gas E&P
| Company | Market Cap (USD) |
|---|---|
| CNOOC | $147.94 B |
| ConocoPhillips | $133.63 B |
| Canadian Natural Resources Limited | $76.28 B |
| EOG Resources, Inc. | $71.80 B |
| Mitsui & Co. Ltd | $71.17 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $1.809 T |
| ExxonMobil | $514.81 B |
| Chevron | $282.20 B |
| PetroChina | $257.67 B |
| Shell | $230.97 B |
Detailed Description
RAK Petroleum plc operates as an oil and gas investment company. As of December 31, 2020, the company primarily holds 44.94% interests in DNO ASA through which it owns 98 licenses comprises 2 licenses in the Kurdistan Region of Iraq, 76 licenses in Norway, 16 licenses in the United Kingdom, two licenses in the Netherlands, one license in Ireland, and one license in Yemen. It also holds 33.33% interest in Foxtrot International LDC, which operates offshore Block CI-27 comprising four producing gas fields with associated oil and condensates in Foxtrot and Mahi; and Block CI-12 offshore exploration licenses. The company was founded in 2005 and is based in Weybridge, the United Kingdom.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
RAK Petroleum plc has the following listings and related stock indices.
Stock: OSE: RAKP wb_incandescent
Stock: FSX: R8P wb_incandescent