Harbour Energy shares slump

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.
Harbour Energy reports annual loss, urges reform of UK windfall tax before 2030
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 shares tumble as profit wiped out by windfall tax
Harbour Energy shares slumped more than eleven per cent on Thursday after the North Sea producer swung to an annual loss.
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
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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,
Energy & Utilities Roundup: Market Talk
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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 ...
Investors Chronicle12h
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 ...
Upstream Online11h
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 ...
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 ...