Harbour Energy Share Discussion Threads

[dandigirl] 13/4/2022 11:40

This delusional doom monger still here and holding on.😀

Can't believe my eyes!😊

And I am hoping for good news re TOLMOUNT soon.🤞ԍ10;🤞

[patience a virtue] 13/4/2022 10:44

Breakout seems truly underway, in old money it is still only 26p, some further climb to do based on the fundamentals with dividend reinstated and debt reduced.
Where are all the delusional doom mongers may I ask?

[my retirement fund] 13/4/2022 09:28

For sure £6.50p looks a sensible accent to start building a new base from.

[s34icknote] 13/4/2022 09:26

Yep close above 5.00 looking good

[melody9999] 13/4/2022 08:41

looks like a breakout underway

[shaf200] 12/4/2022 16:56

Thanks... thats not bad!

[my retirement fund] 12/4/2022 10:18

They should be debt free by 2023: At $100 /bbl and 200 p/therm average prices for 2022, they state they expect to generate between $1.5 and $1.7 billion of free cash flow (after tax and the $200 million dividend payment) with the potential to be debt free in 2023.

Its defiantly a good time to buy Brucie5, they should start buying back their own shares soon which should underpin the price and put to bed any remaining weaker holders.

Of course the above assumes China does not spend 6 months in total lock down as that may keep oil <100/bbl.

[wbodger] 12/4/2022 10:03

That was only the maiden dividend. There should be an Interim div this year, and an increase in final div too.

Not sure full year 2022 will be tripled, but at least doubled. 3.4% full year my guess. Cautious while debt is reduced.

[brucie5] 12/4/2022 09:31

I see HBR just been promoted to 96 on value and *Superstock* status on Stocko.CR has also been following the chart briefly on twitter. Since the North Sea appears now to be a UK strategic asset for the medium term, and with PoG likely to stay high in reflection of turn away from Russian gas, this is now in presumably a sweet spot.
I also notice they're big on carbon capture.
Bought some yesterday.

[my retirement fund] 11/4/2022 13:36

I'll be expecting that to triple next year.

[oilretire] 11/4/2022 11:07

8.4505 pence per share

[shaf200] 11/4/2022 10:45

Whats the dividend per share?

[my retirement fund] 08/4/2022 17:56

Fantastic result 7,900,000 shares snaffled in a single clip on an upward trajectory with record volume.

[anley] 08/4/2022 14:40

I agree WBODGER.

[wbodger] 08/4/2022 14:19

brazilnut I don't think you understood #1110. 7.3 wasn't a projection of the SP, it was a reference to the declaration of Northern Trust's reduced holding in their TR-1.

For a seller there will be a buyer and it looks like Fidelity or their clients added some.

What can anyone deduce from this sort of institutional movement? Perhaps it says something that Northern (Singapore GIC) divested in the market when they might have tried a placement? Perhaps they tried?

I don't know. We're ex-div now and 4.75 doesn't look expensive.

[oilretire] 07/4/2022 14:15

Jefferies raises Harbour Energy price target to 680 (520) pence - 'buy'hTtps://www.morningstar.co.uk/uk/news/AN_1649321384987521900/london-broker-ratings-jefferies-cuts-ti-fluid-pagegroup-energean.aspx

[brazilnut1] 07/4/2022 09:33

Same old story from this mob. One step forward.... £10 ? 😂😂&#128514;😂 £6 ? 😂😂&#128514;

[my retirement fund] 07/4/2022 00:08

Options being sold with a short book to cover them. Pretty common in the oil and gas industry where massive hedging is normal

[ashkv] 06/4/2022 17:05

Very odd given Energy Prices and HBR performance Stock Lent Out for HBR Increased to an average of 3.64% for Mar vs 2.05% in Feb 22!!

Skullduggery??

Below info is from Euroclear -->
Harbour Energy Stock Borrowed on Average for Dec 2021 2.86%
Harbour Energy Stock Borrowed on Average for Jan 2022 2.07%
Harbour Energy Stock Borrowed on Average for Feb 2022 2.05%
Harbour Energy Stock Borrowed on Average for Mar 2022 3.64%

[anley] 05/4/2022 13:15

SOON......

[dandigirl] 05/4/2022 11:29

Fidelity Asset Management increased shareholding to 6.3%.

News on TOLMOUNT anyone?

[my retirement fund] 05/4/2022 10:53

Oil surging again

[brazilnut1] 31/3/2022 14:22

Pish. All a big con. Never see £7.

[andrewjones88] 30/3/2022 13:21

Hit 7.3 on Friday so will likely see another TR-1 soon. Holding up well despite them offloading.

[oilretire] 30/3/2022 12:40

GIC/NTC still reducing, down another 1.4% to 7.3%.