Harbour Energy ( (GB:HBR) ) just unveiled an announcement.
Harbour Energy has announced a proposed final dividend of $227.5 million, equivalent to 13.19 US cents per share, for the year ending December 31, 2024, pending shareholder approval. If approved, the dividend will be paid in GBP Sterling on May 21, 2025, with an exchange rate of 1.3087, translating to 10.0787 pence per share. A dividend reinvestment plan is available for shareholders, with an election deadline of April 29, 2025.
Spark’s Take on GB:HBR Stock
According to Spark, TipRanks’ AI Analyst, GB:HBR is a Neutral.
Harbour Energy’s strong revenue growth and operational efficiency are significant strengths, though profitability challenges and high leverage remain concerns. Positive sentiment due to strategic acquisitions and improved production outlooks contribute to a favorable outlook. However, technical weaknesses and a negative P/E ratio indicate caution.
To see Spark’s full report on GB:HBR stock, click here.
More about Harbour Energy
Harbour Energy is a company operating in the energy sector, focusing primarily on oil and gas exploration and production. It aims to deliver sustainable energy solutions and is involved in various initiatives to enhance shareholder value.
YTD Price Performance: -36.72%
Average Trading Volume: 3,856,978
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.55B
For a thorough assessment of HBR stock, go to TipRanks’ Stock Analysis page.