UK's Harbour Energy named operator of Mexico's Zama oilfield
Britain's North Sea-focused Harbour Energy said on Wednesday it has been named operator of the Zama oil field in Mexico, after project partners Pemex, Grupo Carso and Talos Energy agreed to the appointment.
Harbour Energy to Enter the U.S. Gulf With $3.2B LLOG Acquisition
HBRIY's $3.2B deal to buy LLOG delivers oil-weighted deepwater assets and secures a long-sought entry into the Gulf of America.
Harbour Energy plc (HBRIY) M&A Call Transcript
Harbour Energy plc (HBRIY) M&A Call Transcript
Harbour Energy to Buy LLOG Exploration for $3.2 Billion
The deal marks a strategic entry into the Gulf of Mexico for the oil-and-gas producer.
UK's Harbour Energy to sell Indonesian assets to Prime Group for $215 million
Harbour Energy on Monday agreed to sell its operated interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to oil and gas firm Prime Group for $215 million.
Harbour Energy Explores U.S. Deals
Harbour Energy says it is exploring merger-and-acquisition opportunities in the U.S. as its production base shifts toward the western Atlantic.
Harbour Energy Begins First Oil Production From Maria Phase 2
HBRIY has started oil flow from its Maria Phase 2 subsea project in Norway, marking a milestone in expanding its North Sea production.
Harbour Energy: A Double Digit Dividend Yield From European Natural Gas
I'm bullish on Harbour Energy due to its strong exposure to high European natural gas prices and operational efficiency post-acquisition. The company's reduced unit costs, robust hedging, and tightened guidance support healthy margins and improved cash flow outlook. Harbour's generous 11% dividend yield, solid balance sheet, and investment-grade ratings make it an attractive income play.
Harbour Energy Receives Permit for Havstjerne Carbon Storage Project
HBRIY's work commitment includes drilling the exploratory well by the first quarter of 2025, followed by the concept selection for the development of the carbon storage unit.
Harbour Energy buyback plans fetch broker backing as shares tumble
Harbour Energy PLC has fetched repeated backing from Stifel analysts on expectations for hefty buybacks over the coming years. Following a strategy update and results, which showed taxes had wiped off the oil firm's profit in 2024, Stifel reiterated a ‘buy' rating and 483p share price target.
Harbour Energy shares sink as losses widen on tax hit
Harbour Energy PLC shares dropped over 13% on Thursday after the oil firm unveiled a wider loss for last year as the UK's windfall tax wiped out profit. Post-tax losses grew from $45 million to $93 million in the year to December 31, which Harbour attributed to an effective 108% tax rate in the UK.
UK's Harbour Energy posts annual loss, hurt by taxes
Harbour Energy swung to an annual loss in 2024 as the UK's windfall tax for energy companies wiped out most of its pre-tax earnings, the company said on Thursday.
