Company

RAK Petroleum plc

Headquarters: Weybridge, United Kingdom

Employees: 1,264

CEO: Mr. Bijan Mossavar-Rahmani

OSE: RAKP -3.56%

Market Cap

kr10.88 Billion

NOK as of Oct. 1, 2022

US$999.9 Million

Market Cap History

RAK Petroleum plc market capitalization over time

Evolution of RAK Petroleum plc market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of RAK Petroleum plc

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: +287.69%

$10,000 in March 2023 would now be $38,769 by following this algorithm daily at market close.

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Stocks & Indices

RAK Petroleum plc has the following listings and related stock indices.


Stock: OSE: RAKP wb_incandescent

Stock: FSX: R8P wb_incandescent

Details

Headquarters:

Elder House

St Georges Business Park Brooklands Road

Weybridge, KT13 0TS

United Kingdom

Phone: 44 9717 235 6662