Added to YB: 2026-03-31
Pitch date: 2026-03-27
HBR.L [neutral]
Harbour Energy plc
+3.24%
current return
Author Info
No bio for this author
Company Info
Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves in Norway, the United Kingdom, Germany, Mexico, Argentina, North Africa, and Southeast Asia.
Market Cap
GBP 7.1B
Pitch Price
GBP 2.90
Price Target
N/A
Dividend
5.48%
EV/EBITDA
2.02
P/E
-25.20
EV/Sales
1.36
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Theodosian Capital | Stocks Update 27/3/2026 - HBR – Another placing
HBR.L (update): BASF sold 80m shares at 273p (upsized from 60m), cutting stake to ~35% from 41.5%. Third placing this month (EIG 60m @ 255p, LET 44m @ 267p). Placings driven by commodity price strength, not company concerns. Messy register dominated by non-traditional holders transitioning to long-only capital should drive technical buying. Trades 11.6x 2027 consensus EPS, 5.25% yield.
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