Harbour Energy (HBR) AI Stock Analysis

• Market Cap: £3.71B
• Dividend Yield: 8.77%
• Average Volume (3M): 2.87M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.78
• Revenue Growth: 123.03%
• EPS Growth: -330.89%
• Country: UK
• Employees: 3,019
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.16
• Shares Outstanding: 1,404,868,700
• 10 Day Avg. Volume: 2,958,546
• 30 Day Avg. Volume: 2,866,202
• PEG Ratio: 0.12
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.51
• P/FCF Ratio: 10.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £277.83
• Price Target Upside: 23.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: 248.00p ▲(10.12% Upside)

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.

Positive Factors

Production Scale-Up

Nearly threefold production growth materially increases scale and operational leverage, supporting sustained cash generation and lowering unit costs over time. Larger, diversified production basins improve resilience to single-asset setbacks and underpin multi-year project funding and strategic growth plans.

Strong Cash Generation

Robust operating cash flow and positive free cash flow provide durable internal funding for capex, dividends, and buybacks without sole reliance on external finance. Consistent cash generation strengthens liquidity buffers and enables multi-year investment in development projects and transitions.

Improving Leverage

Reducing net debt and improving leverage to ~0.5x materially lowers refinancing risk and interest burden, increasing financial flexibility. This improvement supports capital allocation choices—growth, returns, or de-risking—and makes the balance sheet more resilient across commodity cycles.

Negative Factors

Negative Net Profit

A net loss despite strong revenue growth signals accounting or non-operational headwinds (impairments, FX) that can depress ROE and retained earnings. Persistent headline losses constrain long-term ability to sustainably increase equity, maintain payouts, and fund growth from earnings.

High Historical Leverage

Elevated debt-to-equity raises refinancing and liquidity risk in a capital-intensive business, increasing sensitivity to rate moves or commodity shocks. Even with recent improvement, structural capex needs and cyclicality mean leverage management remains a lasting strategic constraint on flexibility.

Operational Safety Risks

A rising incident rate after a major acquisition highlights integration and operational-control challenges. Persisting safety issues can increase operating costs, regulatory scrutiny, insurance expense, and project delays, materially affecting long-term reliability and stakeholder trust.

Harbour Energy Business Overview & Revenue Model

Company Description

Harbour Energy plc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas reserves. It holds 124 license interests and 48 producing fields in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. The company is based in Edinburgh, the United Kingdom.

How the Company Makes Money

Harbour Energy generates revenue primarily through the exploration and production of oil and gas. The company's main revenue streams include the sale of crude oil and natural gas, which are influenced by global commodity prices. Additionally, Harbour Energy benefits from long-term production contracts and joint ventures with other energy companies, which provide financial stability and shared resources. The company also focuses on optimizing its operations to reduce costs and enhance profitability. Partnerships with other firms in the energy sector can lead to shared technology and innovation, further contributing to its revenue generation. Lastly, the growing emphasis on energy transition and carbon capture initiatives may open new avenues for revenue as the company adapts to market demands and regulatory changes.

Harbour Energy Financial Statement Overview

Summary

Harbour Energy exhibits strong revenue growth and operational efficiency, with challenges in net profitability due to a recent loss. The balance sheet reflects typical industry leverage, with improvements in equity. Cash flows are healthy, supporting operational and investment activities. Overall, the company is navigating industry volatility with a strong revenue base and operational cash generation, though profitability remains a concern.

Income Statement

Harbour Energy has shown a strong revenue trajectory with significant growth from $3.7 billion to $6.2 billion in the latest year. Gross profit margin increased, indicating improved efficiency. However, the company's net profit margin is negative due to a net loss, highlighting profitability challenges. Despite these issues, the company maintains robust EBIT and EBITDA margins, reflecting strong operational performance.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating leverage concerns, but this is typical in capital-intensive industries like oil and gas. The company's equity ratio has improved, suggesting a stronger financial position. Return on equity is affected by the net loss, but previous years show better performance.

Cash Flow

Operating cash flow remains strong, demonstrating the company's ability to generate cash from operations. Free cash flow is positive, although its growth rate has slowed. The free cash flow to net income ratio is less informative due to the net loss, but operating cash flow supports stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.58B	6.16B	3.71B	5.39B	3.48B	2.41B
Gross Profit	4.42B	2.54B	1.34B	2.54B	1.03B	566.40M
EBITDA	6.27B	3.31B	2.32B	4.21B	1.91B	546.10M
Net Income	-372.00M	-93.00M	45.00M	8.00M	101.10M	-778.40M
Balance Sheet
Total Assets	32.59B	30.32B	9.90B	12.57B	14.50B	9.48B
Cash, Cash Equivalents and Short-Term Investments	2.71B	830.00M	286.00M	524.00M	702.00M	445.40M
Total Debt	7.01B	6.02B	1.28B	2.06B	3.54B	2.32B
Total Liabilities	26.15B	24.07B	8.36B	11.54B	14.03B	8.42B
Stockholders Equity	6.44B	6.25B	1.55B	1.02B	473.50M	1.07B
Cash Flow
Free Cash Flow	1.27B	293.00M	1.34B	2.52B	1.00B	775.30M
Operating Cash Flow	3.11B	1.61B	2.14B	3.13B	1.61B	1.37B
Investing Cash Flow	-2.82B	-2.28B	-693.00M	-628.60M	-571.00M	-603.20M
Financing Cash Flow	1.93B	1.23B	-1.67B	-2.67B	-787.20M	-899.40M

Harbour Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 225.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HBR, the sentiment is Positive. The current price of 225.2 is above the 20-day moving average (MA) of 215.70, above the 50-day MA of 207.82, and above the 200-day MA of 202.52, indicating a bullish trend. The MACD of 6.27 indicates Negative momentum. The RSI at 56.79 is Neutral, neither overbought nor oversold. The STOCH value of 51.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:HBR.

Harbour Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SEPL	73 Outperform	£2.14B	13.04	12.03%	5.64%	159.13%	143.76%
ENOG	73 Outperform	£1.58B	9.84	17.24%	10.99%	-2.66%	0.11%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
HBR	63 Neutral	£3.71B	-9.91	-11.32%	8.77%	123.03%	-330.89%
DEC	63 Neutral	£770.47M	-4.57	-22.53%	10.49%	56.20%	-185.69%
SQZ	60 Neutral	£813.56M	-31.75	-4.31%	9.30%	-32.89%	-239.58%
ITH	54 Neutral	£2.99B	-34.01	-4.67%	14.05%	63.10%	-161.03%

Harbour Energy Corporate Events

Harbour Energy Confirms Total Voting Rights and Share Capital

Harbour Energy has confirmed that as of 31 January 2026 its issued share capital comprises 1,404,868,595 ordinary shares with full voting rights and that it holds no shares in treasury. The updated share count provides the reference figure investors must use to assess and report their holdings under UK disclosure and transparency rules, ensuring clarity for shareholders and regulators on the company’s equity base and voting structure.

The most recent analyst rating on (GB:HBR) stock is a Hold with a £248.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Non-Executive Director Gregory Hill Joins Ovintiv Board

Harbour Energy has announced that non-executive director Gregory Hill has joined the board of Ovintiv Inc. as a director, effective 30 January 2026. The additional board role underscores Hill’s expanding governance responsibilities and may broaden Harbour’s connections within the international energy sector, though his primary position at Harbour remains unchanged.

The most recent analyst rating on (GB:HBR) stock is a Hold with a £250.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy lifts output and cash flow as it reshapes portfolio with major US Gulf deal

Harbour Energy reported an 84% jump in average production to 474,000 barrels of oil equivalent per day for 2025, boosted by the full-year contribution from acquired Wintershall Dea assets and strong operational execution, while unit operating costs fell about 20% to $13/boe and greenhouse gas intensity declined to 14 kgCO₂/boe. Revenue rose to $10.3 billion and EBITDAX to about $7.1 billion, lifting free cash flow to $1.1 billion and trimming net debt to $4.4 billion, as the company advanced key development projects in Norway, Argentina, Mexico and Egypt, progressed Danish CCS ventures, and delivered exploration success in Norway and Egypt. Strategically, Harbour completed integration of the Wintershall Dea portfolio, exited non-core assets in Vietnam and selected licences, and announced three significant transactions: divestments in Indonesia, a UK acquisition of Waldorf that unlocks cash and tax losses, and a $3.2 billion deal for LLOG Exploration in the US Gulf of Mexico that will add a long-life, oil-weighted operated portfolio. For 2026, before the impact of these pending deals, Harbour guides to slightly lower production of 435,000–455,000 boepd, operating costs around $13.5/boe, capital expenditure of $1.7–1.9 billion and free cash flow of about $600 million at current price assumptions, with management targeting another year of strong operational performance, further balance sheet strengthening and, assuming transaction completion, a move towards 500,000 boepd by year-end and a lower effective tax rate.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Director Margareth Øvrum Nominated to Kongsberg Maritime Board

Harbour Energy has announced that non-executive director Margareth Øvrum has been nominated to serve as a shareholder-elected member of the board of Kongsberg Maritime ASA. She is expected to join the Kongsberg Maritime board from the first day of trading of its shares on Euronext Oslo Børs, anticipated in April 2026, subject to shareholder and regulatory approvals, adding to her portfolio of board roles while maintaining her position at Harbour.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Details Financing and Regulatory Status of $3.2bn LLOG Acquisition

Harbour Energy has confirmed that its planned $3.2 billion acquisition of US-based LLOG Exploration constitutes a significant transaction under UK listing rules and has set out additional regulatory disclosures on its financial position and key contracts. The deal, financed through a mix of new bridge and term loan facilities, existing liquidity and newly issued shares, is expected to close in the first quarter of 2026 subject to US regulatory approval, and follows Harbour’s rapid expansion via the $11.2 billion purchase of Wintershall Dea’s non-Russian portfolio, a series of bond issues that prefunded debt maturities through 2028, and strategic portfolio moves including the sale of Indonesian assets, a UK North Sea acquisition from Waldorf and a 15% stake in an Argentine FLNG project; collectively, these steps underscore the company’s shift toward a larger, more diversified global upstream and LNG platform underpinned by extensive corporate financing arrangements and decommissioning surety facilities.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Concludes Current Share Buyback Programme After Cancelling Over 35 Million Shares

Harbour Energy has completed a tranche of its share buyback programme, repurchasing and cancelling a total of 594,010 ordinary shares on 12 January 2026 across several trading venues, at volume-weighted average prices around £1.95 per share. Following these latest transactions, the company’s share capital stands at 1,404,868,595 ordinary shares in issue, and Harbour has now cancelled an aggregate 35,254,163 shares under this programme, marking the formal conclusion of the current buyback initiative and marginally enhancing remaining shareholders’ proportional ownership.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Expands Share Buyback, Cutting Share Count Further

Harbour Energy has continued executing its previously announced share buyback programme, repurchasing 530,996 ordinary shares on 9 January 2026 across London trading venues for cancellation. Following this latest tranche, the company’s issued share capital will be reduced to 1,405,462,605 ordinary shares, with a cumulative 34,660,153 shares now bought back and cancelled under the programme, incrementally enhancing earnings per share and potentially supporting shareholder value while requiring some investors to review whether their notifiable holdings thresholds have been affected under UK disclosure rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Continues Buyback With Fresh Share Cancellation

Harbour Energy has repurchased 564,766 of its ordinary shares on 8 January 2026 on the London Stock Exchange as part of the share buyback programme launched in August 2025, at a volume-weighted average price of £1.8429 per share, for cancellation. Following this latest transaction, the company’s share count will fall to 1,405,993,601 ordinary shares in issue, with a cumulative 34,129,157 shares now bought back and cancelled under the programme, signalling ongoing capital returns to shareholders and a modest increase in ownership concentration for remaining investors, who may need to reassess disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Continues Share Buyback With Further Cancellation of Shares

Harbour Energy has repurchased 592,753 of its ordinary shares on 7 January 2026 for cancellation as part of the share buyback programme launched in August 2025, at a volume-weighted average price of £1.8898 per share on the London Stock Exchange. Following this latest tranche, the company’s share count will fall to 1,406,558,367 ordinary shares in issue, with a total of 33,564,391 shares now bought back and cancelled under the programme, a move that tightens the share base and underscores management’s ongoing focus on capital returns and balance sheet efficiency for shareholders.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Continues Share Buyback, Cancels Additional Shares

Harbour Energy has repurchased 587,839 of its ordinary shares on 6 January 2026 on the London Stock Exchange as part of its ongoing share buyback programme launched in August 2025, with the shares to be cancelled. Following this latest transaction, the company’s total shares in issue will fall to 1,407,151,120, and Harbour has now bought back nearly 33 million shares under the programme, a move that tightens its equity base and may enhance earnings per share while prompting shareholders to review any disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Cancels Further Shares Under Ongoing Buyback Programme

Harbour Energy has continued execution of its previously announced share buyback programme, repurchasing 589,626 ordinary shares on 5 January 2026 on the London Stock Exchange for cancellation at a volume-weighted average price of £1.9802 per share. Following this latest transaction, the company’s share capital will comprise 1,407,738,959 ordinary shares in issue, and it has now cancelled a cumulative 32,383,799 shares under the programme, a move that incrementally reduces the free float and may enhance earnings per share and capital returns for remaining shareholders while requiring some investors to review their disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Cancels Additional Shares Under Ongoing Buyback Programme

Harbour Energy has repurchased 590,256 of its ordinary shares for cancellation as part of the share buyback programme launched in August 2025, paying a volume-weighted average price of £1.9993 per share in the latest transaction. Following this purchase and cancellation, Harbour’s share capital will consist of 1,408,328,585 ordinary shares in issue, and the company has now bought back a total of 31,794,173 shares under the programme, a move that reduces the number of shares outstanding and may support earnings per share and capital returns for investors while requiring some shareholders to review disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Confirms Updated Total Voting Rights

Harbour Energy has confirmed that as of 31 December 2025 its issued share capital stands at 1,408,918,841 ordinary shares with voting rights, and the company holds no shares in treasury. This updated total voting rights figure provides the official denominator for shareholders and investors to assess and report any notifiable holdings or changes under UK disclosure rules, ensuring continued transparency in the company’s ownership structure and regulatory compliance.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Continues Share Buyback, Reducing Share Count to 1.41 Billion

Harbour Energy has continued executing its previously announced share buyback programme, repurchasing 175,244 ordinary shares on 31 December 2025 on the London Stock Exchange for cancellation. Following this latest tranche, the company’s share count will fall to 1,408,918,841 ordinary shares in issue, and Harbour has bought back a total of 31,203,917 shares under the programme to date, incrementally enhancing earnings per share and potentially supporting the stock for existing shareholders as the free float gradually contracts.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Continues Share Buyback, Cancels Additional 457,450 Shares

Harbour Energy has continued executing its previously announced share buyback programme, repurchasing 457,450 ordinary shares on 30 December 2025 on the London Stock Exchange for cancellation at a volume-weighted average price of £1.9788 per share. Following this latest transaction, the company’s share count will fall to 1,409,094,085 ordinary shares in issue, with a total of 31,028,673 shares now repurchased under the programme, a move that incrementally enhances earnings per share and signals ongoing capital returns to shareholders while potentially tightening the stock’s free float.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Named Operator of Major Zama Oil Project Offshore Mexico

Harbour Energy has been appointed operator of the Zama oil project offshore Mexico, following agreement by partners Pemex, Grupo Carso and Talos Energy, and subsequent approval by Mexico’s Ministry of Energy. The Zama field, discovered in 2017 and appraised in 2018–2019, is estimated to contain around 750 million barrels of oil equivalent of gross recoverable resources, with engineering and design work scheduled for 2026 ahead of a final investment decision. Harbour’s new role at Zama, together with its operatorship of the nearby Kan oil field, strengthens its strategic position in Mexico and is expected to materially boost both Mexico’s domestic energy supply and Harbour’s future production profile, while complementing its broader expansion in offshore oil assets, including its planned acquisition of LLOG Exploration in the United States.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Continues Share Buyback, Cancels Further 432,090 Shares

Harbour Energy has continued executing its share buyback programme, repurchasing 432,090 ordinary shares on 29 December 2025 on the London Stock Exchange for subsequent cancellation, at a volume-weighted average price of £1.9574 per share. Following this latest transaction, the company’s total shares in issue will fall to 1,409,551,535, with 30,571,223 shares now bought back and cancelled under the current programme, marginally enhancing remaining shareholders’ ownership stakes and providing updated figures relevant for regulatory disclosure thresholds.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Continues Share Buyback, Further Reducing Share Count

Harbour Energy has continued executing its previously announced share buyback programme, repurchasing 193,538 ordinary shares on 24 December 2025 on the London Stock Exchange for cancellation, at a volume-weighted average price of £1.9583 per share. Following this latest transaction, the company’s share count will decrease to 1,409,983,625 ordinary shares in issue, with a total of 30,139,133 shares now bought back and cancelled under the programme, a move that modestly enhances earnings per share and may influence major shareholders’ disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Cancels Further Shares Under Ongoing Buyback Programme

Harbour Energy has continued executing its share buyback programme, repurchasing 683,922 ordinary shares for cancellation on 23 December 2025 across multiple trading venues at a volume-weighted average price of just over £2 per share. Following this latest tranche, the company’s share count will fall to 1,410,177,163 ordinary shares in issue, and a total of 29,945,595 shares have now been cancelled under the current programme, incrementally enhancing earnings per share and potentially supporting the share price while providing updated reference data for investors monitoring disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Buys Back Further 0.9m Shares Under Ongoing Repurchase Programme

Harbour Energy has continued execution of its previously announced share buyback programme, repurchasing a total of 909,856 ordinary shares on 22 December 2025 across multiple trading venues, at volume-weighted average prices of around £2.00 per share, for cancellation. Following this latest tranche, the company’s share capital will comprise 1,410,861,085 ordinary shares in issue, and Harbour has now bought back 29,261,673 shares in aggregate under the programme, a move that incrementally reduces the free float and may enhance earnings per share and capital returns for existing shareholders while requiring some investors to review disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £320.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Continues Share Buyback, Cuts Share Count to 1.41 Billion

Harbour Energy has continued executing its previously announced share buyback programme, repurchasing and cancelling 603,865 ordinary shares on 19 December 2025 across several trading venues at a volume-weighted average price of just over £2.05 per share. Following this latest tranche, the company’s share count will fall to 1,411,770,941 ordinary shares in issue, with a total of 28,351,817 shares bought back and cancelled under the current programme, a move that reduces share capital and may enhance earnings per share while requiring some investors to review their disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £320.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy to Buy LLOG for $3.2bn in Deepwater Gulf of Mexico Push

Harbour Energy has agreed to acquire privately held LLOG Exploration Company for $3.2 billion in cash and shares, marking its strategic entry into the deepwater US Gulf of Mexico and adding a new core business unit alongside its existing operations in Norway, the UK, Argentina and Mexico. The deal brings oil‑weighted, long-life, low‑cost offshore assets with significant operational control, adding 271 million barrels of 2P reserves, extending Harbour’s reserves life, and supporting production of around 500,000 barrels of oil equivalent per day to the end of the decade, while management highlights that the transaction should enhance margins, lower the effective tax rate, and become free‑cash‑flow per share accretive from 2027. LLOG’s experienced deepwater team, leading lease position and inventory of short‑cycle, infrastructure‑led drilling opportunities are expected to underpin growth and supply-chain synergies, including with Harbour’s Mexican projects, while the financing mix of debt and new equity will leave LLOG’s owners with about 11% of Harbour’s shares and support the company’s ambition to move to a payout‑ratio based distribution policy and reinforce its investment‑grade credit profile.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £320.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Continues Buyback, Cuts Share Count Further

Harbour Energy has continued executing its previously announced share buyback programme, purchasing 500,764 ordinary shares on 18 December 2025 across London trading venues for cancellation. Following this latest tranche, the company’s share count will fall to 1,412,374,806 ordinary shares in issue, with a total of 27,747,952 shares now repurchased under the programme, a move that incrementally enhances earnings per share and may affect shareholders’ disclosure obligations under UK transparency rules as ownership percentages adjust.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £320.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Advances Share Buyback Program

Harbour Energy PLC announced the recent purchase and cancellation of a batch of its ordinary shares as part of its ongoing buyback program. The move, which brings the total purchased shares to over 27 million, is designed to reduce the number of shares in circulation, potentially increasing shareholder value and reinforcing the company’s strategic financial management approach.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £320.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback to Optimize Capital Structure

Harbour Energy PLC has executed a share buyback programme, purchasing a total of 550,805 ordinary shares for cancellation, as part of its ongoing strategy to manage its capital structure. This move reduces the total number of shares in circulation to 1,413,436,890, potentially impacting shareholder interests and market perceptions of the company’s financial health.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £320.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback Program

Harbour Energy PLC has executed a share buyback program, purchasing 434,466 of its ordinary shares for cancellation, as part of a strategy announced earlier in August 2025. This move reduces the total number of shares in circulation to 1,414,462,043, potentially impacting shareholder interests and aligning with regulatory requirements under the Financial Conduct Authority’s rules.

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.

Harbour Energy Expands UK North Sea Presence with Strategic Acquisition

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.

Harbour Energy Strengthens Board with Key Appointments

Harbour Energy has announced the appointment of Gregory Hill as an independent Non-Executive Director, effective from January 2026. Hill brings extensive leadership experience from his previous roles at Hess Corporation and Shell, which is expected to strengthen Harbour’s board and its committees. Additionally, Alan Ferguson has been confirmed as the permanent Senior Independent Director, a role he had been serving in an interim capacity since July 2025. These board changes are aimed at bolstering Harbour Energy’s governance and strategic direction in the competitive energy market.

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.

Harbour Energy to Divest Indonesian Assets to Prime Group

Harbour Energy has agreed to sell its interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to Prime Group for $215 million, with completion expected in Q2 2026. This move aligns with Harbour’s strategy to concentrate on its most competitive opportunities and marks a significant transition for its Indonesian operations, while maintaining a presence in the region through other interests.

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.

Harbour Energy Executes Share Buyback, Cancels Over 500,000 Shares

Harbour Energy PLC has executed a share buyback program, purchasing 511,369 of its ordinary shares for cancellation, as part of a previously announced initiative. This move reduces the total number of shares in issue to 1,414,896,509, potentially impacting shareholder interests and market perceptions of the company’s financial health.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback to Optimize Capital Structure

Harbour Energy PLC has executed a share buyback program, purchasing and cancelling 442,647 of its ordinary shares as part of a broader initiative announced in August 2025. This move reduces the total number of shares in circulation to 1,415,407,878, potentially impacting shareholder interests and market perceptions of the company. The buyback is part of Harbour’s strategic efforts to manage its capital structure and enhance shareholder value.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback to Optimize Shareholder Value

Harbour Energy PLC has executed a share buyback program, purchasing 493,095 of its ordinary shares for cancellation. This move is part of a broader strategy announced earlier in August 2025, aimed at reducing the number of shares in circulation, which now totals 1,415,850,525. The buyback is expected to impact shareholder interests, as it may affect the notification requirements under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback Program

Harbour Energy PLC has executed a share buyback program, purchasing and canceling 482,480 ordinary shares at a volume-weighted average price of 2.0762 GBP per share. This move reduces the total number of shares in issue to 1,416,343,620, potentially impacting shareholder interests and market dynamics.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback to Enhance Shareholder Value

Harbour Energy PLC has executed a share buyback transaction, purchasing 475,918 of its ordinary shares for cancellation as part of its ongoing buyback programme. This move, which reduces the total number of shares in circulation to 1,416,839,902, is part of Harbour’s strategy to enhance shareholder value and adjust its capital structure. Shareholders are advised to review their holdings in light of this change, as it may affect their reporting obligations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback to Optimize Capital Structure

Harbour Energy PLC has executed a share buyback program, purchasing and cancelling 485,135 of its ordinary shares, as part of its ongoing efforts to optimize capital structure and enhance shareholder value. This transaction reduces the total number of shares in issue to 1,417,315,820, potentially impacting shareholder interests and compliance with financial regulations.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Advances Share Buyback Program

Harbour Energy PLC has executed a share buyback program, purchasing 480,461 of its ordinary shares for cancellation, as part of its ongoing strategy to manage its capital structure. This move reduces the total number of shares in issue to 1,417,800,955, potentially impacting shareholder interests and aligning with regulatory compliance under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback to Enhance Shareholder Value

Harbour Energy PLC has executed a share buyback program, purchasing 430,064 of its ordinary shares for cancellation. This move is part of a larger initiative announced earlier in August 2025, aimed at reducing the number of shares in circulation, potentially increasing shareholder value. Following this transaction, the total number of shares in issue is 1,418,281,416. The buyback is aligned with regulatory requirements under the Market Abuse Regulation and the Financial Conduct Authority’s rules, impacting shareholders’ notification obligations.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Advances Share Buyback Program

Harbour Energy has executed a share buyback program, purchasing 321,210 of its ordinary shares for cancellation, which is part of a broader initiative announced in August 2025. This move reduces the total number of shares in circulation to 1,418,711,480, potentially impacting shareholder interests and market perceptions of the company’s value.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Advances Share Buyback Program

Harbour Energy PLC, a company engaged in the energy sector, has announced the purchase and cancellation of 218,698 of its ordinary shares as part of its share buyback program. This transaction is part of a larger effort, with a total of 21,090,068 shares purchased to date, aimed at reducing the number of shares in circulation to 1,419,032,690. The buyback is designed to enhance shareholder value and may affect shareholder notifications under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Advances Share Buyback Programme

Harbour Energy PLC has executed a share buyback programme, purchasing 198,995 of its ordinary shares for cancellation. This move is part of a larger initiative announced in August 2025, aimed at reducing the number of shares in circulation, which now totals 1,419,251,388. The buyback is expected to impact shareholder interests and align with regulatory requirements under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback, Reduces Share Count

Harbour Energy PLC has executed a share buyback programme, purchasing 191,721 of its ordinary shares for cancellation, as part of an initiative announced earlier in August 2025. This transaction reduces the total number of shares in issue to 1,419,450,383, potentially impacting shareholder interests and aligning with regulatory requirements under the UK’s Market Abuse Regulation.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £282.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Advances Share Buyback Program

Harbour Energy PLC has announced the purchase and cancellation of 197,984 of its ordinary shares as part of its ongoing share buyback program. This move reduces the total number of shares in circulation to 1,419,642,104, potentially impacting shareholder interests and aligning with regulatory transparency requirements.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £282.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback to Optimize Capital Structure

Harbour Energy PLC has executed a share buyback program, purchasing 208,761 of its ordinary shares for cancellation. This move reduces the total number of shares in issue to 1,419,840,088, potentially impacting shareholder interests under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. To date, the company has bought back a total of 20,282,670 shares, reflecting its strategic focus on optimizing capital structure and enhancing shareholder value.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £282.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Advances Share Buyback Program with Latest Purchase

Harbour Energy PLC has announced the purchase and cancellation of 194,761 of its ordinary shares as part of its ongoing share buyback program. This move is part of a broader strategy to manage its capital structure and potentially enhance shareholder value, with a total of 19,865,141 shares purchased to date under this program.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £282.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Advances Share Buyback Program

Harbour Energy PLC, a company involved in the energy sector, has announced the purchase and cancellation of 197,174 of its ordinary shares as part of its ongoing share buyback program. This transaction reduces the total number of ordinary shares in issue to 1,420,445,811, and shareholders may need to consider this change in relation to the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. To date, Harbour has bought back a total of 19,670,380 shares under this program.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £282.00 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Harbour Energy Executes Share Buyback to Enhance Shareholder Value

Harbour Energy PLC has executed a share buyback program, purchasing 210,435 of its ordinary shares for cancellation, as part of its ongoing efforts to enhance shareholder value. This transaction reduces the total number of shares in circulation to 1,420,834,030, potentially impacting shareholder interests and compliance with financial regulations.

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.

Harbour Energy Executes Share Buyback, Cancels 185,602 Shares

Harbour Energy PLC has executed a share buyback program, purchasing 185,602 of its ordinary shares for cancellation, as part of a broader initiative announced in August 2025. This move reduces the total number of shares in circulation to 1,421,044,465, potentially impacting shareholder interests and market dynamics.

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.

Harbour Energy Executes Share Buyback to Optimize Capital Structure

Harbour Energy PLC has executed a share buyback program, purchasing 205,850 of its ordinary shares for cancellation. This move is part of a broader strategy announced earlier in August 2025, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. The total number of shares in issue post-cancellation stands at 1,421,230,067. This transaction may influence shareholders’ reporting obligations under the Financial Conduct Authority’s rules.

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.

Harbour Energy Boosts Production Guidance Amid Strong Operational Performance

Harbour Energy has reported a robust performance for the first nine months of 2025, driven by increased production and strategic project advancements. The company has upgraded its production guidance for the year and maintained its free cash flow outlook at $1 billion, despite a challenging commodity price environment. Key achievements include successful operational execution, cost reductions, and progress in strategic projects in Mexico and Argentina. Harbour Energy is also undergoing organizational changes in the UK, resulting in a reduction of 250 positions, aligning with lower anticipated domestic investment due to fiscal challenges. The company continues to focus on high-return investments and has made significant strides in its strategic projects, which are expected to underpin future reserves and production growth.

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.

Harbour Energy Boosts 2025 Production Guidance Amid Strategic Advancements

Harbour Energy has announced an upgrade in its production guidance for 2025, citing strong operational performance and strategic project advancements. Despite a challenging commodity price environment, the company maintains its free cash flow outlook of $1 billion, driven by increased production and cost efficiencies. Harbour has also made significant progress in its strategic projects, including LNG developments in Argentina and oil field projects in Mexico, which are expected to bolster future production and reserves. Additionally, the company has undertaken organizational restructuring in the UK and divested non-core assets to streamline operations and focus on high-return investments.

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.

Harbour Energy Executes Share Buyback to Optimize Capital Structure

Harbour Energy PLC has executed a share buyback program, purchasing 184,152 ordinary shares for cancellation, as part of its ongoing strategy announced in August 2025. This move reduces the total number of shares in circulation to 1,421,435,917, potentially impacting shareholder interests and aligning with regulatory compliance under the UK’s financial regulations.

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.

Harbour Energy Advances Share Buyback Programme

Harbour Energy PLC has announced the purchase and cancellation of 207,385 of its ordinary shares as part of its ongoing share buyback programme, initially announced in August 2025. This transaction reduces the total number of shares in issue to 1,421,620,069, potentially impacting shareholder interests and obligations under regulatory guidelines.

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.

Harbour Energy Updates Share Capital Structure

Harbour Energy announced that as of October 31, 2025, its issued share capital consists of 1,421,827,454 ordinary shares with voting rights. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules, impacting how they manage their interests in the company’s share capital.

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.

Harbour Energy Advances Share Buyback Program with Latest Repurchase

Harbour Energy PLC has announced the repurchase and cancellation of 232,974 of its ordinary shares as part of its ongoing share buyback program. This initiative, which has seen the company buy back a total of 18,288,737 shares to date, aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and providing a return to shareholders. The current transaction leaves the company with a total of 1,421,827,454 ordinary shares in issue, which may affect shareholder notifications under regulatory guidelines.

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.