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Harbour Energy ( (GB:HBR) ) has shared an announcement.
Harbour Energy announced the resignation of Simon Henry, the Senior Independent Director and Non-Executive Director, effective immediately as he pursues other opportunities. Alan Ferguson will serve as the interim Senior Independent Director. Simon’s tenure coincided with significant growth for Harbour, notably the acquisition of Wintershall Dea assets in 2024. The company expressed gratitude for Simon’s contributions and confidence in Alan’s interim leadership.
The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.60 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.
Spark’s Take on GB:HBR Stock
According to Spark, TipRanks’ AI Analyst, GB:HBR is a Neutral.
Harbour Energy’s strong financial performance and strategic acquisitions are key strengths, despite current profitability challenges. The technical outlook is stable with a neutral sentiment, while recent corporate events boost confidence in long-term growth. Valuation remains a concern due to a negative P/E ratio, but the dividend yield offers some offset.
To see Spark’s full report on GB:HBR stock, click here.
More about Harbour Energy
Since its creation in 2014, Harbour Energy has grown to become one of the world’s largest and most geographically diverse independent oil and gas companies. The company produces between 455,000 and 475,000 barrels of oil equivalent per day, with significant operations in Norway, the UK, Germany, Argentina, and North Africa. Harbour Energy is known for its competitive operating costs, resilient margins, and a broad set of growth options, including projects in Norway, Argentina, Mexico, and Indonesia. It is committed to low GHG emissions intensity and CO2 storage, with headquarters in London and approximately 3,400 employees.
Average Trading Volume: 3,328,290
Technical Sentiment Signal: Sell
Current Market Cap: £3.36B
For detailed information about HBR stock, go to TipRanks’ Stock Analysis page.