Harbour Energy Discloses $1.7 Billion in Government Payments for 2024

Harbour Energy ( (GB:HBR) ) just unveiled an update.

Harbour Energy PLC has released its report on payments made to governments for the year ended December 31, 2024, in compliance with regulatory requirements. The company reported a total of $1,685 million in payments, with significant contributions from income taxes and royalties across multiple countries. This disclosure highlights Harbour Energy’s financial interactions with governments, reflecting its global operational footprint and compliance with international transparency standards.

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 revenue growth and operational efficiency underpin its stock performance, boosted by positive earnings call sentiment. However, profitability challenges and valuation concerns moderately weigh down the overall score.

To see Spark’s full report on GB:HBR stock, click here.

More about Harbour Energy

Harbour Energy PLC operates in the energy sector, focusing on oil and gas exploration and production. The company engages in extracting hydrocarbons and has a market presence in various countries, including Argentina, Egypt, Germany, Indonesia, Libya, Mexico, Norway, the United Kingdom, and Vietnam.

Average Trading Volume: 3,841,173

Technical Sentiment Signal: Sell

Current Market Cap: £3.18B

For detailed information about HBR stock, go to TipRanks’ Stock Analysis page.