Harbour Energy shares tumble

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,
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 chief urges tax reform after posting loss
Harbour Energy, the largest British North Sea oil and gas producer, saw its shares plunge 13% after windfall taxes wiped out profits.
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 PLC FY Net Loss $108M
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Harbour Energy shares drop 14% after tax hike hits results
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Harbour Energy plc (PMOIF) Q4 2024 Earnings Call Transcript
Good morning and welcome to the Harbour Energy Full Year Results 2024 and Capital Markets Update. After the presentation, there will be a short break and we will then take your questions.
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North Sea giant Harbour Energy stung by UK tax hike
Investors in Harbour Energy headed for the exit as the company reported a loss after tax of $93 million for the year ended December 31, compared with a $45m profit the year before, following a steep ...
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