Looks like market is worried on HBR FCF (as per latest RNS update), and also potential for lower O&G prices ahead, time will tell.
In the meantime, this makes interesting reading:
“EU Officials Discuss Restart of Russian Gas as Part of Ukraine Peace Deal” |
I can't see any reason for the drop in thinking of buying some more but a little worried as to what has caused the drop |
What is going on here? Why the loss of 30% in over the last year? |
At least I should be able to fit more into my Isa at these prices come April. |
Something fishy going on with HBR for sure, especially after Harbour Energy Chairman once again sold shares here on what I thought was the cheap at that time(£20 Million Pounds worth of shares again, and this time in October at around £2.60 a share), maybe he is very bearish on Oil prices and/or HBR, who knows but suspicious as consecutive, IMO. |
Oh no, not the ftse100 old chestnut again. Chucked out twice already so shouldnt be allowed back in a 3rd time. List in USA ? Hahaha, not fit for that until bod replaced with one that understands the O&G business. Imagine getting chucked out of there too 😀😀😀 |
Let's not forget gas prices as European gas prices hit as high as 51.04/MWH, HIGHEST SINCE OCT 2023 . Strange decline in my book given the vast improvement |
Only if the dividend is maintained and Trump doesn’t push Oil prices to go any lower, lack of CAPEX spending in the UK will turn the North Sea here into a loss making/costly venture.
It is the outlook that is now key as there are many companies around with even higher yields, especially Oilers. |
Now no chance of a FTSE 100 entry then, and I guess that we may be lucky if they don’t kick HBR out of the FTSE 250 😊 |
What's going on with this? Is it being walked down in preparation for a takeover bid? |
Finished on the low of the day. Not sure I want to buy more as I have plenty, but tempting. Markets are weird. Elating/Depressing. |
There's a section in the US who seems to forget Trump was a failed President previously who ended up losing an election to some old bloke who struggled to walk and talk. It's comical the standing he has when he's more than likely going to make an ar$e of himself pretty quickly. Still feel Serica offer more upside in the short term than Harbour. |
I was caught flat footed with the rise of shale fracking in the US. I had always assumed Saudi was the swing producer and would remain so. The thing is. The reverse must be true too. It is only now the Permian that is growing and in general the sector looks to be going ex- growth. This means the power moves back to OPEC. Also the price sensitivities for a higher cost producer versus the Saudis mean that any success in lowering the oil price shifts balance of power further toward the lower cost producers. That said JP Morgan has predicted sub $60 oil and an oil glut for 2026. Interesting times |
 No idea but if not only HBR related here, possibly could additionally also be due to Trump and OPEC+ as highlighted by Bloomberg:
“OPEC+ Will Buckle Under Trump's Pressure”
The president wants a lower oil price. The cartel can save face while complying with his wish.
US President Donald Trump has a decades-long history of bashing the Organization of the Petroleum Exporting Countries, starting with his 1987 book Trump: The Art of the Deal where he blamed the group for cripplingly high energy costs. Unsurprisingly, it only took him 72 hours after being sworn in to take aim at the cartel. Speaking at the World Economic Forum on Jan. 23, he said he’d ask Saudi Arabia and its allies to “bring down the cost of oil.”
The cartel’s semi-public initial reaction to Trump’s comments — leaking a photo of several OPEC+ ministers meeting in Riyadh as if it was a show of unity — was comical; the gathering included top oil officials from the United Arab Emirates and Iraq, the two countries that have flouted production limits the most. In private, the response from OPEC+ is dismissive, but also guarded; no one wants to cross Trump. But behind closed doors, there’s been a flurry of meetings and consultations among the member states. I don’t believe OPEC+ can resist the pressure forever. |
Looking at the trend it seems we are headed for £2.20. |
Ye but yet Harbour continues to fall. Disgusting. |
Also no wonder that the HBR Chairman was selling sh*t loads of shares (and on what I thought was the cheap at the time!) here a while back as usual! |
Very much down to the CEO. Does not inspire confidence. |
Very poor! |
52 week low! |
Thought the acquisition/merger of Wintershall was supposed to be transformative, so far no evidence. |
This is getting to be silly cheap..
With Brent at 76$ ,Gas at year highs and technicals looking attractive why wouldnt you want to take a starting position at least ?! |
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