Riverstone Holdings LLC's Strategic Reduction in Vital Energy Holdings
On May 1, 2024, Riverstone Holdings LLC executed a significant transaction involving the sale of 2,870,213 shares of Vital Energy (NYSE:VTLE), marking a notable reduction in their investment. The shares were traded at a price of $50.94 each, highlighting a strategic decision in the firm's investment approach within the energy sector. Riverstone Holdings LLC, based at 712 Fifth Avenue, New York, NY, is a prominent investment firm with a keen focus on the energy and basic materials sectors.