Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Harbour Energy ( (GB:HBR) ) has issued an update.
Harbour Energy has announced an agreement to acquire most of the subsidiaries of Waldorf Energy Partners Ltd and Waldorf Production Ltd for $170 million. This acquisition is expected to significantly boost Harbour’s free cash flow and strengthen its UK operations by increasing its stake in the Catcher field and adding a new production base in the Kraken oil field. The deal will also unlock operational and financial synergies, including the release of $350 million in cash and the utilization of Waldorf’s UK tax losses. Completion is anticipated in the second quarter of 2026, pending regulatory approvals.
The most recent analyst rating on (GB:HBR) stock is a Hold with a £229.00 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 overall stock score is driven by strong operational performance and strategic initiatives like share buybacks, which enhance shareholder value. However, the negative P/E ratio and bearish technical indicators weigh on the score. The high dividend yield and positive earnings call sentiment provide some support, but profitability challenges remain a concern.
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, primarily focusing on oil and gas exploration and production. The company is involved in the UK North Sea market, where it aims to enhance its operational efficiency and financial stability.
Average Trading Volume: 3,060,422
Technical Sentiment Signal: Sell
Current Market Cap: £3.4B
Learn more about HBR stock on TipRanks’ Stock Analysis page.