Coverage / LON:RKH / Trade Card

LON:RKH

Rockhopper Exploration Plc

OPPORTUNISTIC BUY Analysis generated 2026-10-04 Market data as of 2026-11-13 Market data 2 days old 67.00p Energy - Oil & Gas Exploration & ProductionAWAIT ENTRY
ACTIONABLEMethodology gates passed
59

Position levels

Currenttoday
67.00p
Buy <=wait / entry
51.67p
Trim >=take some off
75.00p
Thesis breakA failed farm-out process combined with a material adverse reserves downgrade, f...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case26%100 / 10026.0
Base case49%62 / 10030.4
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • NDA 1 project sanctioned in late 2025, fully funded, targeting first oil in Q1 2028
  • $200 million capital raise completed, funding operations through mid-2028
  • Updated reserves report shows 2P reserves of 110mmbbls and 2C resources of 219mmbbls with post-tax NPV10 increased by $0.79bn to $2.95bn
Read full report →
\n