Harbour Energy Share Discussion Threads

[dandigirl] 28/1/2022 07:11

so ash, your thoughts as to the reasons the share price has not risen would be appreciated.

Thanks.

[janhar] 27/1/2022 21:34

Still relatively low global E&P spend, demand increasing & should be debt free easily by 2025 if average poo is c. 65. The poo isn't falling any time soon. This should be 5 quid

[hsfinch] 27/1/2022 16:13

Due to massive debt, lenders forced the company to hedge its production when oil was much lower. So company isn't benefitting much from high prices. I suppose shorts will unwind eventually.

[janhar] 27/1/2022 14:43

This is the same price as when oil was 45 dollars - it's madness!!

[janhar] 27/1/2022 14:02

I thought this was an oil company or am I wrong?? Oil at 90 dollars??

[sbb1x] 25/1/2022 21:46

Another oil draw#API #OOTTCrude: -.875DSL: -2.2Gas: +2.4Cush: -1.0

[dandigirl] 25/1/2022 17:17

surely you are a space cadet? 600p! Dream on. It would be nice to see 400 again.

[spacedust] 25/1/2022 16:40

I need 600p to break even on this garbage

[crazi] 25/1/2022 08:38

Off to a good start today. With expected oil price rises coming this should be trading 375+

Like the company or not - there's money to be made here...

[andypop1] 24/1/2022 22:13

Ash,

It was 'A NO BRAINER BUY ... TIDE HAS FINALLY TURNED :)' at 380p, now it is an 'Unbelievably cheap share'?


In your opinion should the BoDs have suggested Tolmount would be producing this month at the capital markets day or should they have stuck to the official line of Q1?


The days in January are running out fast!


Good luck. 

[clon_hz] 24/1/2022 19:46

"Too many overpaid staff" who have spent the past 2 years 'working' from home, while FIVE UK offices sat empty!

[crazi] 24/1/2022 11:21

Very very cheap. I have started buying in. Oil is going to climb this year. Even the threat of Russia will make oil climb even more soon.

The fall has been hugely overdone. Hedge Funds shorting. Then they will close, bank profits, buy and rally for more profits...

[ashkv] 24/1/2022 10:20

Unbelievably cheap share - hopefully no bad news forthcoming. Require an update from management re what's going???

Brent : $87.25
Share Price : 330
Shares Outstanding : 925,532,606
GBPUSD Exch Rate : 1.36
Market Cap GBP : £3,054,257,600
Market Cap USD : $4,153,790,336
Net Debt (Dec 2021 Cap Mkt Day Net Debt USD 2.35 Billion): $2,350,000,000
Enterprise Value USD (EV) : $6,503,790,336
HBR Mid:Point Production Guidance for 2022 (Bpd) : 202,500
EV/Barrel:USD Mid 2022 Guidance : $32,117
EV/Barrel:USD : Oct/Nov 21 Production 215kbpd : $30,250
(Decommissioning costs : HALF YEAR 2021 Results) : $5,675,000,000
(Decommissioning Costs : Discounted at 10% & After Tax) : $2,000,000,000
EV And After Tax Discounted Decom Exp / Barrel : $41,994
Dividend USD 200mn per annum : Dividend Yield = 4.81%

[andypop1] 21/1/2022 22:11

Finch,

You make a good point, the non-productive overheads would have doubled with the merger and it needs addressing. 


Dandi,

It is in no stakeholders interest to keep the price low, yes there probably is sustained selling still going on.

The company unofficially suggested Tolmount would be producing by the end of this month, have they failed to deliver again? Should they have stuck to the official line of during Q1?


Good luck.

[sbb1x] 21/1/2022 09:37

Cheap down here

[hsfinch] 21/1/2022 06:37

Harbour needs to get going on merger rationalisations. We're paying for too many overpaid staff and too many expensive offices. Its what these oilies often are...job creation schemes for entitled professionals good at justifying themselves. Very disappointed with share price performance here with oil and gas prices booming.

[robizm] 20/1/2022 10:22

Sqz have to put £100 million as security for oil and gas hedges. Harbour must be huge as 60% gas hedges and oil are all in the red. Tolmont being late is not helping either. Rest of bond holders locked in shares ending soon so maybe forward selling but value must come out sooner or later.

[dandigirl] 20/1/2022 09:42

Isn’t there a clever clog on this board who can tell us what might be going on here.
Is there someone selling every time there is a bit of a rally?

[brazilnut1] 19/1/2022 21:20

Who would want this pile ?