What next for Rockhopper Exploration shares?
After an incredible start to 2025, this AIM-listed oil explorer's share price has traded sideways for five months. Independent analyst Alistair Strang assesses potential for a resumption of the rally.
23rd December 2025 08:18
by Alistair Strang from Trends and Targets
For years, the stock market penguin Rockhopper Exploration (LSE:RKH) has been exploring the pleasures of taxidermy, essentially royally stuffed. But after a 10 year hiatus, it's showing the potential of a surprise Lazarus effect!
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Our interest was initially piqued in January of this year, when we wrote:
The share price has managed to close above our 84p on seven occasions, giving considerable hope for the future and allowing us to delve into the realms of fantasy for what that future may hold.
Don’t get us wrong, we expect to be right with our calculations, but always suffer an extreme version of the collywobbles as timeframes are never a strong point. But Rockhopper has closed above our target level an even more impressive 12 times, so we absolutely must mix the tea leaves and attempt to figure out a future.
Unfortunately for Rockhopper, things are now a bit weird. We’ve not checked the current news stream for Rockhopper as previous experience has taught us to treat Falkland Islands oilers with a degree of caution, relying on the numbers and avoiding market hype which can be rather inflammatory.
However, for Rockhopper, the immediate situation demands closure above 86p to justify some considerable hope, apparently opening the doors to a medium-term ambition at 119p with our secondary, if beater, at 158p and the need to re-run the numbers should the market sneak above such a level. Presently at 76p, it is one heck of an ambition.
From a near-term perspective, there are some potentials.
Allegedly, above just 77p should bring a boost to an initial 80.3p with our secondary, if bettered, at 87.5p. This should give the market the opportunity to decide whether to close above 86p and kick open the door to a Big Picture perspective.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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