Harbour Energy sinks to record low

Harbour Energy sinks to record low after U.K. windfall tax whacks profit
Harbour Energy (OTCPK:PMOIF) plunges as much as 14% in London in Thursday's trading after reporting its FY 2024 profit was swallowed up by increases to the U.K. windfall tax on oil and gas. The U.K.-listed company said it swung to a full-year net loss of $108M from a net profit of $45M in the previous year,
UK's Harbour Energy swings to annual loss in 2024, hurt by taxes
Harbour Energy swung to an annual loss in 2024 as the UK's windfall tax for energy companies wiped out most of its pre-tax earnings, the company said on Thursday.
Harbour Energy stock sinks on delayed buyback plans
The company confirmed an annual dividend of $455 million but delayed any buyback announcements until its May Annual General Meeting (AGM), where it will seek shareholder approval for an off-market buyback of shares held by BASF, its largest shareholder.
Harbour Energy PLC FY Net Loss $108M
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More.
Harbour Energy Shares Sink to Record Low After Profit Hit by U.K. Windfall Tax
The oil-and-gas producer swung to a loss in 2024 as the energy profits levy continued to drag on results and its CEO described the U.K. as a difficult fiscal and regulatory environment in which to operate.
Investors Chronicle8h
Upsized Harbour Energy promises free cash flow upgrade
Harbour Energy’s (HBR) transformation is evident all through the full-year results after it completed the merger with Wintershall DEA, including the production rate tripling, an extra $17bn (£13bn) in ...
Share Prices8h
Harbour Energy sets out mid-term visions as beds in Wintershall Dea
(Alliance News) - Harbour Energy PLC on Thursday outlined new mid-term targets after a "transformational" 2024 that saw the firm buy assets from Wintershall Dea. The London-based oil and gas company ...
Upstream Online8h
UK operators welcome tax consultation and call for early implementation
The consultation, published on Wednesday, outlines proposals for a profit or revenue-based tax regime for the oil and gas ...
Yahoo Finance1mon
Harbour Energy plc's (LON:HBR) 3.5% loss last week hit both individual investors who own 40% as well as institutions
If you want to know who really controls Harbour Energy plc (LON:HBR), then you'll have to look at the makeup of its share registry. We can see that public companies own the lion's share in the ...
Morningstar2d
Harbour Energy PLC HBR
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Barclays Keeps Their Buy Rating on Harbour Energy (HBR)
Barclays analyst Lydia Rainforth maintained a Buy rating on Harbour Energy (HBR – Research Report) today and set a price target of £3.80. The ...
Wall Street Journal10d
Harbour Energy PLC
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
Energy & Utilities Roundup: Market Talk
Find insight on Harbour Energy, Aramco, oil futures and more in the latest Market Talks covering Energy and Utilities.