Added to YB: 2025-03-10
Pitch date: 2025-01-20
HBR.L [bullish]
Harbour Energy plc
-21.02%
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 5.0B
Pitch Price
GBP 2.61
Price Target
5.48 (+166%)
Dividend
8.74%
EV/EBITDA
1.74
P/E
-12.65
EV/Sales
1.18
Sector
Oil, Gas and Consumable Fuels
Category
growth
Harbour Energy plc - $HBR.L
HBR.L: Diversified E&P post-Wintershall merger. 15-20% FCF yield 2025-30 at $70 oil/$14 gas. UK tax risk mitigated by Norway/Argentina growth. Strong M&A track record. CCS upside. Undervalued vs peers at 1.7x EV/EBITDA. Bull case: US listing, further M&A. Bear case: China weakness, oil oversupply.
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