Note how each time over the past year the HBR share price has fallen to the current level, it has bounced each time. So now looks a good entry point, both for a trading buy and for long term holding. |
Down here I'd think it could be susceptible to a takeover. A very wild move from the highs of 285p back to here. |
I doubt Harbour would be a target. Could be wrong. |
What price would be acceptable though? |
Sitting duck for a takeover? |
It will be interesting to see if Carlos increases his shareholding here |
UK operator re-revives keenly watched Asian FPSO tender
Harbour Energy prequalifying contractors to supply floater for its Tuna gas and liquids project offshore Indonesia |
We really didn't. Nowhere near. Just had to start upna few ccgt plants and pay a premium to do so. |
Nigel, we came pretty close last week or at least came close to not being able to meet full demand anyway. |
BTW we still have a higher high, higher low on the chart. |
NG been putting out an advert for ‘bad weather events’ suggesting that vulnerable people register for priority power supply.
‘Bad weather events’ .. 🤔 |
Not much chance of a blackout though is there? With a pretty ready supply of LNG tankers to the UK - it's highly unlikely to happen. |
Jan. 24, 2025
Barclays Sticks to Its Buy Rating for Harbour Energy (HBR)
In a report released today, Lydia Rainforth from Barclays maintained a Buy rating on Harbour Energy (HBR – Research Report), with a price target of £3.80. |
Kibes, personally I think it is going to take a blackout to bring people / politicians to their senses and understand the gravity of the situation and the path Milliband is taking is down. |
Carlos Slim doesn’t buy stakes for the fun of it. The madness of the last few days is a golden opportunity |
Added more today |
I think Andrew Neil nails it. |
I am expecting the Net Zero experiment to come to grief within the next two years with power cuts and prices going through the roof. Really, that can't happen fast enough. The numbers simply don't add up as electricity demand is increasing whilst supply is reducing with shutdowns of nuclear power and gas. Wind turbines cannot be quickly tied in without infrastructure in place, which of course it isn't. When panic arrives there will once again be a dash for gas as the only thing that can bail us out. |
Why would anyone take any notice of GS views?
They are only interested in their own profits and they will manipulate everything for their own benefit
Do you ever see GS downgrade any of the big US oil companies even though they are all about 3x or 4x more expensive than HBR? No
HBR are now the largest independent in Europe and yet they still have a far lower Market Cap than Aker BP or Var Energy
Aker BP £11.3 billion
Var Energy £7 billion
HBR £3.8 billion
HBR will eventually trade at similar levels and even when they are at £5 they will still only be at half the valuation of US oil companies |
US will not be producing much if sub $60 Brent, a lot of shale fields would be uneconomic. For that reason expect oil around $70-$75 Brent. |
I’ve taken a screenshot for posterity of the JP Morgan prediction of sub $60 Brent for 2026. Esp in light of the roll over of shale and the enormous energy demands of tech (AI, robotics, et al). |
For the contra view read this:-
On bitcoin. My gut feeling is the same, but I’m a big fan of Dominic Frisby. I would like to have been “wrong” and bought a bunch of bitcoin at $5k. As Keynes once said; the market can stay irrational longer than you can stay solvent. |
Well said kibes my views entirely crypto is a ponzi scheme and its being left unregulated for a good reason, its a first line of defence when people realize fiat currencies have little value at that point crypto will get more regulation than it can handle forcing investors back into fiat currency. |
The share prices of many good companies seems to be following the weather pattern in todays world - ridiculous swings and extremes......baffling... |
Hard to know where to invest.
As Peter lynch suggests, more money is lost sat idle on the sidelines waiting for the next stock market crash than tends to be lost by the crash itself - they can happen tomorrow or take years. They need a catalyst and I’m struggling to see one atm. My guts tell me it will occur following a nuclear incident or weapon strike. Hope I’m wrong.
I tend to hold stocks and funds for income with divis being reinvested through thick and thin.
No need for a cash position if you’re constantly reinvesting. |
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