Harbour Energy Share Discussion Threads

[crystball1] 21/12/2023 15:31

Very welcome!

[crystball1] 21/12/2023 15:31

Very welcome!

[crystball1] 21/12/2023 15:31

Very welcome!

[crystball1] 21/12/2023 15:31

Sorry guys, have got bit carried away!

[wolfofhounslow] 21/12/2023 15:30

Should not be less than 360p!!

[bag158s] 21/12/2023 15:27

To go over 400 soon

[cashisking76] 21/12/2023 15:23

HBR will be back in the FTSE 100 by Q2 2024, market capitalization is what counts at the time of quarterly reviews, and HBR share price IMO can more than double from here which is significantly more that what is needed to be back in the FTSE 100, DYOR.

Also, a fantastic update today, so thank you HBR team!

[wolfofhounslow] 21/12/2023 15:19

Read the deal. The money flows in from June 2023!!!

[wolfofhounslow] 21/12/2023 15:19

What an extraordinary transactionNever seen anything like it. The cash element is from operations, and the shares are at a 60 percent premium. Outstanding. #hbr

[elsa7878] 21/12/2023 15:18

A year to complete so talk of FTSE 100 is a little early.

[luckyjoe999] 21/12/2023 15:16

Post from lse bb today:

FTSE 100 is now a no brainier and only the beginning.

Kokomo
Posts: 233
Price: 254.70
No Opinion
Today 14:26
RE: Wowwww - Transformational acquisition of Wintershall Dea asset portfolio

“Fantastic, and extremely smart move. The share price recovery rally here hasn't even yet started, HBR has potential to more than double it's market cap from here, Carlos has done well, let's see what updates we will now get from Mexico and Norway assets.”

Spot on, and now surely £5+ coming here in Q1 along with higher O&G prices, expiring hedges along with more drilling updates, GLA.

[jdh1602] 21/12/2023 15:16

Thanks, Santa!

[heialex1] 21/12/2023 15:14

What an extraordinary transactionNever seen anything like it. The cash element is from operations, and the shares are at a 60 percent premium. Outstanding. Been accumulating HBR for a couple of years, and was starting to wonder if they'd ever re rate. Hopefully this will give them a jump start

[hamhamham1] 21/12/2023 15:12

Bh23, you were never invested here, hilarious... and sad :)

[dodger777] 21/12/2023 15:12

That Blackhorse troll is pretty desperate lol ..pathetic

[blackhorse23] 21/12/2023 15:09

Money moving to PFC

[llef] 21/12/2023 15:08

barclays are advising Harbour, and this was published on bloomberg this morning before harbour news broke..

Barclays Plc has delayed the final decision on the bonus pool for this year after top investment bankers asked for more time to reflect business they won in recent days or expect to win.

Investment bankers argue capital-markets activity has been picking up and that the bonus pool should take that into account, according to people familiar with the matter. The decision has now been delayed to early next year, after business leaders had asked the remuneration committee for extra time, the people said, asking not to be identified because the discussions are private

[back2basics1] 21/12/2023 15:07

Outstanding RNS Update, thank you Harbour Energy!

The Acquisition is expected to transform Harbour into one of the world's largest and most geographically diverse independent oil and gas companies, adding material gas-weighted portfolios in Norway and Argentina and complementary growth projects in Mexico. Harbour will also benefit from an increased reserve life and improved margins with lower operating costs and greenhouse gas ("GHG") intensity.

Harbour is expected to receive investment grade credit ratings and to benefit from a significantly lower cost of financing resulting from the porting of existing euro denominated Wintershall Dea bonds with a nominal value of c.$4.9 billion[4] (the "Wintershall Dea Bonds") and a weighted average coupon of c.1.8 per cent. The Acquisition is also accretive to Harbour's free cash flow, supporting enhanced and sustainable shareholder returns.

[royalalbert] 21/12/2023 15:05

EnQuest looks very small fry now.

[farrugia] 21/12/2023 15:03

PFC hot money moving here more like haha this can go much higher.

[oilretire] 21/12/2023 15:03

nigelpm, I think some of that premium should never have been available in the first place but it was thanks to ukgov taxation - this deal is an immense piece of diversification away from the perceived problems of being UK focused.

[kenbos] 21/12/2023 14:58

Merry Christmas harbour

[blackhorse23] 21/12/2023 14:57

money moving to PFC ?