The latest update is out from Harbour Energy ( (GB:HBR) ).
Harbour Energy reported a transformative year in 2024, marked by the acquisition of Wintershall Dea, which significantly increased production and reserves. Despite a loss after tax due to high effective tax rates, the company achieved substantial revenue growth and maintained strong operational performance. Looking ahead to 2025, Harbour Energy anticipates further production increases and reduced operating costs, with a focus on maximizing asset value and maintaining safety standards.
More about Harbour Energy
Harbour Energy plc is a company operating in the oil and gas industry, focusing on exploration and production. The company has a diversified global portfolio with significant operations in the UK, Norway, Argentina, and Indonesia, and is committed to safe and efficient operations, capital discipline, and reducing greenhouse gas emissions.
YTD Price Performance: -16.21%
Average Trading Volume: 2,178,369
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £3.59B
For a thorough assessment of HBR stock, go to TipRanks’ Stock Analysis page.