Harbour Energy plc (LON: HBR)

London flag London · Delayed Price · Currency is GBP · Price in GBX
311.20
+3.40 (1.10%)
May 17, 2024, 5:15 PM GMT+1
25.48%
Market Cap 2.38B
Revenue (ttm) 2.95B
Net Income (ttm) 25.19M
Shares Out 770.38M
EPS (ttm) 0.03
PE Ratio 103.73
Forward PE 7.08
Dividend 0.25 (8.03%)
Ex-Dividend Date Apr 11, 2024
Volume 12,336,636
Open 302.30
Previous Close 307.80
Day's Range 302.30 - 312.40
52-Week Range 210.50 - 328.90
Beta -0.29
Analysts n/a
Price Target 3.84 (-98.77%)
Earnings Date Aug 8, 2024

About Harbour Energy

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities. The company was incorporated in 2002 and is headquartered in London, the United Kingdom. [Read more]

Industry Oil & Gas E&P
Sector Energy
CEO Linda Zarda Cook
Country United Kingdom
Stock Exchange London Stock Exchange
Ticker Symbol HBR
Full Company Profile

Financial Performance

In 2023, Harbour Energy's revenue was $3.72 billion, a decrease of -31.60% compared to the previous year's $5.43 billion. Earnings were $32.00 million, an increase of 300.00%.

Financial numbers in USD Financial Statements

News

3 UK oil stocks to invest in as Middle East tensions rise

The year 2024 has faced many headwinds so far – but arguably the most devastating has been the ongoing conflict in the Middle East. With far-reaching implications, some of the markets most impacted ar...

4 weeks ago - Invezz

CERAWEEK: Next Mexican president could encourage oil and gas development: Harbour Energy

Mexico could revise its energy policies to encourage an increase in oil and gas production following the June 2 presidential election, Harbour Energy executive vice president Gustavo Baquero said Marc...

2 months ago - S&P Global Platts

UK's Harbour flags stable North Sea oil and gas output, BP West of Shetland plans

The UK's Harbour Energy said March 7 it should be able to maintain steady production in 2024-25 on a stand-alone basis, alongside buying Germany's Wintershall Dea, as it seeks to maximize the potentia...

2 months ago - S&P Global Platts

Harbour Energy reports results ‘in line' as it works to close Wintershall deal

Harbour Energy PLC (LSE:HBR) reported production in line with expectations, whilst its financial results statement reflected a business in steady state ahead of its next phase of consolidation. Harbou...

2 months ago - Proactive Investors

Harbour Energy's $32 mln annual profit curbed by Britain's windfall tax

Harbour Energy , the largest British North Sea oil and gas producer, reported on Thursday a net profit of just $32 million for 2023, as the UK's windfall tax for energy companies wiped out most of its...

2 months ago - Reuters

Harbour Energy shares drop as lower volumes dent revenue

Harbour Energy PLC (LSE:HBR) shares were on the back foot, down 8% in Thursday morning's dealing, after the UK's ‘largest independent' oil producer reported lower year-on-year revenues – on lower prod...

4 months ago - Proactive Investors

Harbour Energy: Transformational Acquisition Resulting In A 7% Dividend Yield

Harbour Energy signs an $11B acquisition agreement, a significant deal for a company with a $3B market cap. Check out the reasons why PMOIF stock is a Buy.

4 months ago - Seeking Alpha

Harbour Energy deal compelling and surpasses expectations

Harbour Energy PLC (LSE:HBR)'s share price climbed a further 5% on Friday as the City gave the thumbs up to its $11.2bn acquisition of Wintershall.  Analysts at Jefferies said the deal was “very compe...

5 months ago - Proactive Investors

Harbour Energy strikes $11.2 bln deal for Wintershall Dea assets

LONDON, Dec 21 (Reuters) - Britain's Harbour Energy (HBR.L) on Thursday agreed to acquire Wintershall Dea's non-Russian oil and gas assets in a $11.2 billion share and cash deal with BASF (BASFn.DE) a...

5 months ago - Reuters

Harbour Energy strikes $11.2bn deal for Wintershall Dea assets

Harbour Energy shares soared 22% after agreeing an $11.2 billion deal to buy a portfolio of assets from German energy group Wintershall Dea. The portfolio includes upstream assets in Norway, Germany, ...

5 months ago - Proactive Investors

Harbour Energy receives Indonesian boost

Harbour Energy PLC (LSE:HBR) received a boost after the drilling success of a partner on a gas licence in Indonesia in which it has a 20% interest. Operated by Mubadala Energy, the oil and gas arm of ...

5 months ago - Proactive Investors

Harbour Energy share price has collapsed: buy the dip or sell the rip?

Harbour Energy (LON: HBR) share price bounced back by more than 4% on Wednesday after the company published a positive update. Shares of the struggling energy giant rose to 227p, a few points above th...

6 months ago - Invezz

Harbour Energy says its maximising value of UK assets whilst progressing its diversification

Harbour Energy PLC (LSE:HBR) told investors production averaged 189,000 barrels oil equivalent per day for the first nine months of 2023, lower than the 2023 comparative of 203,000 barrels but in line...

6 months ago - Proactive Investors

John Wood and Harbour Energy join forces in North Sea deal

Wood Group (John) PLC and Harbour Energy PLC (LSE:HBR) have joined forces in a new strategic venture for North Sea operations in a deal worth around US$330 million. Under the agreement, Wood, a global...

9 months ago - Proactive Investors

Wood and Harbour Energy partner for UK North Sea operations

Britain's Wood Group said on Monday it had entered into a partnership with North Sea oil and gas producer Harbour Energy for UK North Sea operations, agreeing to a new master services deal and associa...

9 months ago - Reuters

Pro says Harbour Energy ‘faces uncertain environment' after a hit to H1 profit

Harbour Energy PLC (LON: HBR) says lower energy prices weighed on its profit in the first six months of this year. Its shares ended nearly 4.0% down on Thursday.

9 months ago - Invezz

Britain's Harbour Energy tempers full-year output, capex forecast

Harbour Energy , Britain's largest North Sea oil and gas producer, narrowed its annual production and capital expenditure outlook on Thursday.

9 months ago - Reuters

North Sea stocks rally as Sunak and Shapps attempt to woo oil and gas sector

North Sea stocks are on the rise on Monday as investors position, not for the first time, for a revival in the UK's offshore industry. The likes of Harbour Energy PLC (LSE:HBR), Serica Energy PLC (AIM...

10 months ago - Proactive Investors

Mexico's Energy Reform Benefits Motorists but Counterreform Frustrates Investors, says Mexico Energy Intelligence

HOUSTON--(BUSINESS WIRE)---- $HBRIY #energypolicy--Oil & power reforms of 2013-14 brought investors to Mexico but policies after ‘18 disrupted markets. A report offers post-AMLO corrections after 2024...

10 months ago - Business Wire

Harbour Energy share price at risk amid new Keir Starmer threats

Harbour Energy (LON: HBR) share price has drifted upwards in the past few days even as the outlook of the energy market recoiled. The stock was trading at 250p on Monday, higher than this month's low ...

11 months ago - Invezz

Windfall tax update sparks mixed reactions from oil stocks

Harbour Energy PLC (LSE:HBR), Enquest PLC (AIM:ENQ) and Serica Energy PLC (AIM:SQZ) shares started Friday on the front foot, after the Treasury announced the North Sea windfall tax could be cut as pla...

1 year ago - Proactive Investors

Exclusive: North Sea oil and gas producer Harbour in merger talks with Talos -sources

Harbour Energy Plc , Britain's largest North Sea oil and gas producer, is in talks to merge with U.S. listed peer Talos Energy Inc , four people familiar with the matter said on Tuesday.

1 year ago - Reuters

Harbour Energy partners with BP plc on the Viking CCS project

BP plc (LON: BP) ended in the green today after announcing an agreement with Harbour Energy PLC (LON: HBR) to develop the Viking CCS transportation and storage project. Here's what the press release t...

1 year ago - Invezz

Shell and Harbour windfall tax cut calls ignored on ‘Green Day'

Calls from the UK's oil and gas industry were effectively ignored by the government on its “Green Day”, as it left its 35% windfall tax on North Sea firms untouched. CitiGroup analysts had been among ...

1 year ago - Proactive Investors

Harbour Energy submits plans for Zama field off Mexico coast

Harbour Energy PLC (LSE:HBR) has announced development plans have been submitted for work to begin on the Zama oil field offshore Mexico. State-owned Petroleos Mexicanos (Pemex) submitted the plans, H...

1 year ago - Proactive Investors