LSE - Delayed Quote • GBp Harbour Energy plc (HBR.L) Follow Compare 254.10 -21.30 (-7.73%) At close: January 24 at 5:24:36 PM GMT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations EnQuest acquires Harbour Energy’s Vietnam business The transaction is expected to close in the second quarter of 2025 (Q2 2025). Trending tickers: Apple, Arm Holdings, EA, Puma and Associated British Foods The latest investor updates on stocks that are trending on Thursday. Stocks to watch this week: Netflix, United Airlines, Burberry, EasyJet and JD Wetherspoon Earnings preview of key companies reporting this week and what to look out for. Stocks to watch this week: Goldman Sachs, Antofagasta, TSMC, Vistry and Ocado Earnings preview of key companies reporting this week and what to look out for. Galp Energia & Harbour Energy Discoveries Headline Oil & Gas Stock Roundup GLPEY, HBRIY, BP, LNG and REPYY emerge as the energy headline makers during the week. Harbour Energy Discovers Hydrocarbons in Jocelyn South Prospect HBRIY makes a breakthrough discovery of a gas-condensate reservoir in Jocelyn South in the U.K. Continental Shelf Central North Sea. Are Harbour Energy plc's (LON:HBR) Mixed Financials Driving The Negative Sentiment? Harbour Energy (LON:HBR) has had a rough three months with its share price down 6.6%. We, however decided to study the... Harbour Energy Confirms Large Gas Reserves in Norwegian Sea Harbour Energy confirms a significant gas discovery in production license 211 CS, which is situated approximately 270 kilometres north of Kristiansund. Norway’s Trym field resumes production after a five-year pause This development is expected to boost North Sea output significantly. Harbour Energy Inks Contract to Develop Indonesian Oil Block HBRIY and Mubadala Energy jointly ink a deal to develop the Central Andaman block under Indonesia's new gross split scheme. Indonesia inks Central Andaman oil and gas block contract The Central Andaman block holds estimated resources of 100 million barrels (mbbl) of oil and 500 billion cubic feet (bcf) of gas. Harbour Energy begins production at Talbot development in UK North Sea Gas from Talbot will be transported via the Central Area Transmission System to the Teesside Gas Processing Plant. Is There An Opportunity With Harbour Energy plc's (LON:HBR) 44% Undervaluation? Key Insights The projected fair value for Harbour Energy is UK£4.57 based on 2 Stage Free Cash Flow to Equity Harbour... Harbour Energy to Sell Stakes in the North Sea Before Tax Hikes HBRIY will scale back investments from the North Sea and expand globally in light of the UK's new tax policies on oil and gas. Harbour Energy explores stakes sale in North Sea oilfields The company is reviving plans for a US listing, joining other operators in scaling back investments ahead of anticipated tax increase. Exclusive-Harbour Energy joins North Sea producers' retreat ahead of tax hikes Top British North Sea producer Harbour Energy wants to sell stakes in North Sea oilfields and is reviving plans for a U.S. listing, sources said, as more firms scale back investments ahead of new tax increases on the sector. The Labour government, which was elected in July, wants to use the revenue from oil and gas to raise funds for renewable energy projects. Finance Minister Rachel Reeves will announce the tax increases in her budget on Oct. 30. Harbour Energy PLC (HBRIY) (Q2 2024) Earnings Call Highlights: Strong Operational Performance ... Despite a reduction in revenue, Harbour Energy PLC (HBRIY) reports increased dividends and a positive net cash position, while navigating high tax rates and inflationary pressures. Sanctioned Russian oligarchs acquire small stake in UK oil and gas player LetterOne, partially owned by Mikhail Fridman and Petr Aven, has obtained a minority stake of 14.87% in the UK’s Harbour Energy. Wintershall Dea transfers E&P business to Harbour Energy BASF and LetterOne received $2.15bn (€1.95bn) in cash and new shares in Harbour Energy. 3 UK Stocks Estimated To Be Trading Below Intrinsic Value The United Kingdom market has recently faced challenges, with the FTSE 100 index closing lower amid weak trade data from China and a sluggish global economic recovery. Despite these headwinds, investors can still find opportunities in stocks that are estimated to be trading below their intrinsic value. Identifying such undervalued stocks requires careful analysis of their fundamentals, especially in uncertain market conditions like those we are currently experiencing. Performance Overview Trailing total returns as of 1/24/2025, which may include dividends or other distributions. Benchmark is FTSE 100 Return HBR.L FTSE 100 YTD +2.05% +4.70% 1-Year -6.90% +13.58% 3-Year -12.42% +13.45%