HBR.L - Harbour Energy plc
| Previous close | 244.50 |
| Open | 243.20 |
| Bid | 235.00 x N/A |
| Ask | 312.50 x N/A |
| Day's range | 235.30 - 244.80 |
| 52-week range | 217.90 - 500.26 |
| Volume | |
| Avg. volume | 6,122,398 |
| Market cap | 1.946B |
| Beta (5Y monthly) | -0.74 |
| PE ratio (TTM) | 239.60 |
| EPS (TTM) | 0.01 |
| Earnings date | 23 Aug 2023 - 28 Aug 2023 |
| Forward dividend & yield | 0.19 (8.02%) |
| Ex-dividend date | 13 Apr 2023 |
| 1y target est | 4.38 |
- Reuters
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. Harbour which has a market value of 2 billion pounds ($2.5 billion) and Talos, valued at $1.7 billion, have held on and off talks about a combination for at least six months, but negotiations rekindled in recent weeks, the sources said.
Simply Wall St.We Think Harbour Energy (LON:HBR) Might Have The DNA Of A Multi-Bagger
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
ZacksFluor's (FLR) Backlog Gets a Boost With Harbour Energy Deal Win
Fluor's (FLR) asset integrity services set to benefit Harbour Energy in its five-year contract.
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- Reuters
Harbour Energy sticks to annual free cash flow outlook
The Scottish firm said its liquidity was $3.1 billion as of the end of March, but it expects its debt capacity to be impacted by the energy profit levy (EPL) windfall tax. After Britain increased taxes on oil and gas producers to 75% last year, Harbour decided to cut its headcount in Britain and sought to diversify internationally.
- Simply Wall St.
Are Investors Undervaluing Harbour Energy plc (LON:HBR) By 41%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Harbour Energy fair value estimate is UK£4.12 Current share...
- Simply Wall St.
Harbour Energy plc's (LON:HBR) Revenues Are Not Doing Enough For Some Investors
With a price-to-sales (or "P/S") ratio of 0.5x Harbour Energy plc ( LON:HBR ) may be sending bullish signals at the...
ZacksBP to Develop U.K. Viking CCS Project With Harbour Energy
As part of the deal, BP will acquire a 40% non-operated interest in the Viking CCS project.
The TelegraphBP backs net zero project to store carbon under the North Sea
BP will help develop one of the UK’s leading carbon capture projects as the Government hopes to accelerate development of the technology in its push for net zero.
- Reuters
Britain's Harbour Energy, BP to develop Viking CCS project
Harbour will continue as operator of Viking CCS with a 60% interest, with BP acquiring a 40% non-operated share, the company said in a statement. The announcement follows the UK's recent decision to launch the "Track 2" cluster sequencing process for carbon capture and storage (CCS), a technology that removes carbon dioxide emissions from the atmosphere and stores it underground. Harbour said the government recognises Viking CCS as one of the leading transport and storage system contenders for this process, and that a final investment decision on the project is expected in 2024, subject to the outcome of the Track 2 CCS.
The TelegraphNorth Sea operator blames windfall tax as it axes 350 jobs
Britain’s biggest oil and gas producer has confirmed plans to axe one fifth of its workforce, blaming Jeremy Hunt’s windfall tax for deterring investment.
- Simply Wall St.
Should We Be Cautious About Harbour Energy plc's (LON:HBR) ROE Of 0.8%?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
The TelegraphAsda and Morrisons relax rationing as vegetable crisis eases
Asda and Morrisons have lifted some of their restrictions on fresh fruit and vegetables after supply problems that caused food shortages eased.
The GuardianShell’s van Beurden gets lucky. Harbour Energy doesn’t
Former CEO did handsomely on the back of high oil and gas prices while the windfall levy hits the small players harder
The GuardianNorth Sea’s biggest energy producer claims UK windfall tax ‘wiped out’ surge in profit
Harbour Energy says it had to cut jobs and investment at same time as announcing new shareholder payouts taking total to $1bn
PA Media: MoneyProfits ‘all but wiped out’ by windfall tax, says oil giant Harbour Energy
The company has said it plans to cut jobs and investment due to the Energy Profits Levy which was put in place last May.
The TelegraphWindfall tax all but wipes out North Sea oil giant’s £2bn profit
The North Sea’s biggest oil producer has warned it will be forced to cut staff and investment as it claimed its profits were all but wiped out Rishi Sunak’s windfall tax.
- Reuters
Harbour Energy plans share buyback after cashflow triples, windfall tax weighs
(Reuters) -Harbour Energy, Britain's largest oil and gas producer, said on Thursday it will conduct a $200 million share buyback, after higher oil prices helped free cashflow triple to $2.1 billion but windfall taxes weighed on its profit. After Britain increased taxes on oil and gas producers to 75% last year, Harbour decided to cut staff in Britain and sought to diversify internationally. Full-year profit after tax slumped to $8 million from $101 million the previous year, hit by a $1.5 billion non-cash deferred tax charge associated with the Energy Profit Levy (EPL) windfall tax which is set to apply until 2028.
The TelegraphBritish oil producer to cut back on North Sea projects
A London-listed oil producer is delaying new drilling at its flagship North Sea field, becoming the latest British company to blame the windfall tax for curbing its plans.
- Simply Wall St.
Institutional owners may take dramatic actions as Harbour Energy plc's (LON:HBR) recent 3.5% drop adds to one-year losses
If you want to know who really controls Harbour Energy plc ( LON:HBR ), then you'll have to look at the makeup of its...
- Reuters
Harbour Energy sees its 2022 cash flow triple to $2.1 billion
Harbour Energy, the British North Sea's biggest oil and gas producer, forecast its 2022 cashflow to triple to $2.1 billion on the back of higher prices and despite a rise in tax bills, it said in a trading statement on Thursday. Its overall tax payments last year more than doubled to $600 million and out of the $350 million UK windfall tax bill for 2022, Harbour said it would pay $150 million in 2023. Harbour is planning job cuts at its headquarters in Scotland in the wake of the windfall tax, known as the Energy Profits Levy (EPL), the company told Reuters on Wednesday.
PA Media: MoneyHarbour Energy warns of job cuts because of rise in windfall tax
The UK’s biggest independent oil and gas producer said that it was reviewing its organisation in the country.
- Simply Wall St.
Harbour Energy (LON:HBR) adds UK£212m to market cap in the past 7 days, though investors from a year ago are still down 13%
Investors can approximate the average market return by buying an index fund. Active investors aim to buy stocks that...
ReutersExclusive-Shell energy transition prompted talks to sell Norway business
Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell has said it will focus its oil and gas operations in nine basins around the world, triggering a growing internal competition among assets as it aims to gradually reduce its oil and gas output and grow renewables and low-carbon operations to cut its greenhouse gas emissions. A sale of Shell's oil and gas portfolio in Norway, where it has been for more than 110 years, would mark a continued retreat from the North Sea by the world's largest energy companies which are focusing investments on newer, more profitable basins.
ZacksWall Street Bulls Look Optimistic About Harbour Energy PLC Sponsored ADR (HBRIY): Should You Buy?
Based on the average brokerage recommendation (ABR), Harbour Energy PLC Sponsored ADR (HBRIY) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?