Re-rate eh ? To 220p ? This is a dud. Make no mistake. |
I know Harbour have diversified away from the UK North Sea, but nevertheless, the UK Gas price forward curve is above 110 for the whole of next year. That has to be good news for Harbour.. |
Gas prices are at 2024 highs and still rising while risk for PoO is now clearly to the upside here; HBR is looking incredibly cheap based on fundamentals and recent analysts price targets (stated even prior to recent Oil and now significant Gas price rises!), after all, new HBR is 60% Gas/40% Oil:
“Based on 6 Wall Street analysts offering 12 month price targets for Harbour Energy in the last 3 months. The average price target is 377.60p with a high forecast of 483.00p and a low forecast of 320.00p. The average price target represents a 51.46% change from the last price of 249.30p.” |
Looking good for a re-rate here. |
Apart from Geopolitics, AI and Crypto …. are going to additionally drive O&G (especially Gas) prices to much higher levels going forward. |
Natural gas price up 5% today. Can only be good news for harbor |
Pretty impressive recent Presentation. Makes the UK portfolio pretty insignificant in the scheme of things. Hopefully this has only got to go upwards. |
Post from lse bb today:
theancientmarine
Posted in: HBR
Posts: 186
Price: 249.90
No Opinion
RE: Duff stock....
Today 07:11
I remember Anglo American/AAL share price strangely going all the way down to around £2.50 in 2015/16 (from £30+ in 2011) and then returning back up and more to £40+ by 2022, markets are never rational but do adjust based on fundamentals overtime, and here with HBR I see another very unique opportunity at the moment, time (and patience) will only tell! |
FTSE100 ? Hahahaha lol lol. |
Harbour Energy Presentation Today: |
Nice read, |
Looks like a really great “Trading and Operations Update” once again here today from good old HBR team, hopefully it will all get reflected in the share price going forward! |
Trading up date out . Only includes one months trading of acquisition .Debt 4.7 billion dollars .Expected free cashflow next year 1.1 billion .So a good long term bet when debt reduces and divs increase further . |
I don't know about future gains but as an income investor with little interest in flucutating share prices, the trailing yield is about 7.3% which is pretty attractive to me, enhanced by the prospect of rising divis. So I too am happy to continue holding in my diversified income port. |
The upside here is tremendous. Happy to hold patiently |
Good figures from shell with gas offsetting lower refining margins Bodes well for next update ? |
So the 29% capital allowance has been replaced by 100% ,seems that HBR will at least be able to sell its NS assets which require more investment for more. |
If you are a non US citizen, holding US equities, you need to make sure you have a W-8BEN, declared with your broker, really easy to do and stops you getting taxed in the US. |
Thank you for the link hopeful ! |
Not sure if this answers your question |
If this lists in US can you still hold in an isa ?? |
Iran now being attacked, expect big mark up Monday |
A question on the recent $1.6B notes issued by Harbour to settle the $1.5B bridging loan.
Wasn't it expected at the time of the deal that Harbour would be receiving all The earnings from last year onwards in the combined group and that earnings would roughly cover the bridging loan or am I mistaken? |
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