Harbour Energy (HBR) Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
HBR Community Fair Values
Create NarrativeSee what 61 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Harbour Energy plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£2.58 |
| 52 Week High | UK£3.21 |
| 52 Week Low | UK£1.80 |
| Beta | -0.30 |
| 1 Month Change | -12.59% |
| 3 Month Change | -11.27% |
| 1 Year Change | 24.13% |
| 3 Year Change | 2.66% |
| 5 Year Change | -36.68% |
| Change since IPO | -37.45% |
Recent News & Updates
Narrative Update • Jun 03
HBR: Higher Production Delivery Will Support Reappraisal Of Future Cash Generation
Harbour Energy's analyst price target has shifted higher, with recent moves such as JPMorgan's and Berenberg's increases in the £2.70 to £2.78 range, and DNB Carnegie's £3.30 initiation, supported by updated views on fair value, discount rate assumptions, revenue trends, profit margins and future P/E levels. Analyst Commentary Recent Street research shows a mix of views on Harbour Energy, with several bullish analysts adjusting targets higher and one downgrade highlighting ongoing debate about valuation and execution risk.
Narrative Update • May 05
HBR: Weaker Revenue And Margin Outlook Will Pressure Future Share Returns
Harbour Energy's analyst price target has moved higher to reflect raised targets from several banks, including recent increases of £0.30 and £0.40. Analysts are balancing lower discount rate assumptions and a higher future P/E with more cautious views on revenue growth and profit margins.
Narrative Update • Apr 20
HBR: Rising Output And Dividend Prospects Will Shape Future Returns
The analyst price target for Harbour Energy has been raised by £0.14, as analysts factor in a slightly higher fair value estimate and modest adjustments to the discount rate, revenue expectations, profit margins and future P/E assumptions. Analyst Commentary Recent Street research on Harbour Energy shows a mix of optimism on valuation and caution on execution, with several price target changes and rating shifts in a short window.Narrative Update • Apr 05
HBR: Higher Production Guidance Will Support Reappraisal Of Future Cash Flows
Harbour Energy's analyst price targets have moved higher, with recent revisions such as Berenberg's £0.30 uplift and JPMorgan's increases to £2.70 and £2.78 reflecting updated views on fair value, discount rates, revenue trajectory and margins, even as some houses, including Goldman Sachs and Peel Hunt, have taken a more cautious stance. Analyst Commentary Recent research on Harbour Energy points to a split in views, with some bullish analysts lifting targets and initiating positive ratings, while others, including major banks such as JPMorgan and Goldman Sachs, take a more cautious approach.Recent updates
Narrative Update • Jun 03
HBR: Higher Production Delivery Will Support Reappraisal Of Future Cash Generation
Harbour Energy's analyst price target has shifted higher, with recent moves such as JPMorgan's and Berenberg's increases in the £2.70 to £2.78 range, and DNB Carnegie's £3.30 initiation, supported by updated views on fair value, discount rate assumptions, revenue trends, profit margins and future P/E levels. Analyst Commentary Recent Street research shows a mix of views on Harbour Energy, with several bullish analysts adjusting targets higher and one downgrade highlighting ongoing debate about valuation and execution risk.Narrative Update • May 05
HBR: Weaker Revenue And Margin Outlook Will Pressure Future Share Returns
Harbour Energy's analyst price target has moved higher to reflect raised targets from several banks, including recent increases of £0.30 and £0.40. Analysts are balancing lower discount rate assumptions and a higher future P/E with more cautious views on revenue growth and profit margins.Narrative Update • Apr 20
HBR: Rising Output And Dividend Prospects Will Shape Future Returns
The analyst price target for Harbour Energy has been raised by £0.14, as analysts factor in a slightly higher fair value estimate and modest adjustments to the discount rate, revenue expectations, profit margins and future P/E assumptions. Analyst Commentary Recent Street research on Harbour Energy shows a mix of optimism on valuation and caution on execution, with several price target changes and rating shifts in a short window.Narrative Update • Apr 05
HBR: Higher Production Guidance Will Support Reappraisal Of Future Cash Flows
Harbour Energy's analyst price targets have moved higher, with recent revisions such as Berenberg's £0.30 uplift and JPMorgan's increases to £2.70 and £2.78 reflecting updated views on fair value, discount rates, revenue trajectory and margins, even as some houses, including Goldman Sachs and Peel Hunt, have taken a more cautious stance. Analyst Commentary Recent research on Harbour Energy points to a split in views, with some bullish analysts lifting targets and initiating positive ratings, while others, including major banks such as JPMorgan and Goldman Sachs, take a more cautious approach.Narrative Update • Mar 22
HBR: Higher Output And Split Sector Views Will Shape Future Returns
The updated analyst price target for Harbour Energy edges higher, supported by recent target increases from firms initiating and revising coverage in a range of £2.20 to £3.30, while others reiterate a more cautious sector view. Analyst Commentary Recent research on Harbour Energy reflects a split view, with some firms lifting price targets and others trimming them while maintaining a cautious stance on the wider European exploration and production sector.Narrative Update • Mar 06
HBR: Higher Output And Mixed Sector Views Will Shape Future Cash Flows
Analysts have lifted their average price target for Harbour Energy to £2.70, reflecting updated views on fair value, discount rates and profitability, even as opinions across firms remain mixed. Analyst Commentary Recent research on Harbour Energy highlights a split view, with some firms lifting targets while others trim them or keep ratings unchanged.Narrative Update • Feb 19
HBR: Higher Output Guidance Will Support Cash Flows Despite Sector Caution
Analysts have nudged their Harbour Energy price targets higher to reflect an updated fair value estimate of £2.77 per share. This is supported by slightly softer assumed revenue declines and a modestly lower discount rate, even as expectations for profit margins have been trimmed and the future P/E left broadly unchanged.Narrative Update • Feb 05
HBR: Sector Caution Will Still Allow Upside As Output Guidance Rises
Harbour Energy's analyst price targets have been trimmed, with recent moves such as Goldman Sachs cutting its target to £2.20 from £2.40 and JPMorgan reducing its target to £2.72. Analysts are factoring in a softer sector view alongside updated assumptions for fair value, discount rates, revenue growth, profit margins and future P/E multiples.Narrative Update • Jan 21
HBR: Sector Caution Will Still Allow Upside As Production Strengthens
Harbour Energy's updated analyst price targets, including changes to £2.20 and £2.72, reflect a slight uplift in fair value estimates along with more cautious sector views and adjusted assumptions on discount rates, profit margins and future P/E multiples. Analyst Commentary Recent price target updates to £2.20 and £2.72 sit within a relatively tight range.Narrative Update • Jan 06
HBR: Revised Expectations Will Shape Future Returns As Production Guidance Narrows
Analysts have trimmed their price target on Harbour Energy to £2.72 from £2.98, reflecting revised assumptions on long term revenue trends, margins and price-to-earnings (P/E) expectations. Analyst Commentary The latest price target move to £2.72 from £2.98 signals a more cautious stance on Harbour Energy, even as JPMorgan maintains an Overweight rating.Analysis Article • Dec 23
Little Excitement Around Harbour Energy plc's (LON:HBR) Revenues
Harbour Energy plc's ( LON:HBR ) price-to-sales (or "P/S") ratio of 0.5x might make it look like a buy right now...Narrative Update • Dec 20
HBR: Overweight Rating Will Support Upside As Production Strengthens
Analysts have trimmed their price target on Harbour Energy, now seeing fair value at approximately £2.72 per share versus about £2.98 previously, citing slightly softer long term profit margin expectations, partially offset by a modestly higher future earnings multiple. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the Overweight rating signals continued confidence in Harbour Energy's relative upside versus sector peers, despite the reduced price target.Narrative Update • Dec 06
HBR: Overweight Stance Will Support Upside As Production Guidance Tightens
Narrative Update on Harbour Energy Analysts have trimmed their price target on Harbour Energy from approximately 298 GBp to around 272 GBp, reflecting a modest reduction in fair value estimates as slightly softer profit margin and growth assumptions are incorporated into updated models. Analyst Commentary Analysts are refining their views on Harbour Energy as they balance a slightly lower fair value estimate with a still constructive stance on the company’s long term prospects.Analysis Article • Nov 24
A Look At The Intrinsic Value Of Harbour Energy plc (LON:HBR)
Key Insights The projected fair value for Harbour Energy is UK£2.41 based on 2 Stage Free Cash Flow to Equity Current...Narrative Update • Oct 27
Global Scale Will Deliver Wider Margins And Improved Risk Profile
Analysts have raised their fair value estimate for Harbour Energy, increasing the price target from £2.83 to £2.88. They cite improved profit margins and expectations of stronger operational performance following recent strategic developments.Analysis Article • Sep 16
Harbour Energy (LON:HBR) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narrative Update • Sep 04
International Diversification And Efficiency Will Secure A Resilient Future
Analysts have raised Harbour Energy’s price target from £2.79 to £2.83, citing strengthened earnings visibility, improved growth prospects, and enhanced resilience following the Wintershall Dea acquisition, which bolsters its scale, portfolio diversification, and cash flow potential. Analyst Commentary Bullish analysts cite Harbour Energy’s transformation into a larger, globally diversified operator following the Wintershall Dea acquisition, which substantially increases scale and resource base.Analysis Article • Aug 12
Earnings Update: Harbour Energy plc (LON:HBR) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts
LSE:HBR 1 Year Share Price vs Fair Value Explore Harbour Energy's Fair Values from the Community and select yours It's...Analysis Article • Jul 29
There Is A Reason Harbour Energy plc's (LON:HBR) Price Is Undemanding
You may think that with a price-to-sales (or "P/S") ratio of 0.7x Harbour Energy plc ( LON:HBR ) is a stock worth...New Narrative • Jul 06
Global Oil And Gas Demand Will Power Future Production
Strategic expansion in global energy markets and portfolio optimization are set to drive sustainable production, operational leverage, and long-term earnings growth.Shareholder Returns
| HBR | GB Oil and Gas | GB Market | |
|---|---|---|---|
| 7D | -4.0% | -0.9% | 1.0% |
| 1Y | 24.1% | 29.3% | 18.0% |
Return vs Industry: HBR underperformed the UK Oil and Gas industry which returned 29.3% over the past year.
Return vs Market: HBR exceeded the UK Market which returned 18% over the past year.
Price Volatility
| HBR volatility | |
|---|---|
| HBR Average Weekly Movement | 6.7% |
| Oil and Gas Industry Average Movement | 7.5% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in GB Market | 11.8% |
| 10% least volatile stocks in GB Market | 3.1% |
Stable Share Price: HBR has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: HBR's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 2,846 | Linda Cook | www.harbourenergy.com |
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. The company also engages in the production and sale of crude oil, natural gas, and condensate, as well as the development and management of carbon capture and storage projects. It is involved in the decommissioning; financing and servicing; distribution, transportation, and trade; gas trading; and risk mitigation activities.
Harbour Energy plc Fundamentals Summary
| HBR fundamental statistics | |
|---|---|
| Market cap | UK£4.70b |
| Earnings (TTM) | -UK£196.10m |
| Revenue (TTM) | UK£7.65b |
0.6x
P/S Ratio-24.0x
P/E RatioIs HBR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HBR income statement (TTM) | |
|---|---|
| Revenue | US$10.26b |
| Cost of Revenue | US$5.56b |
| Gross Profit | US$4.70b |
| Other Expenses | US$4.96b |
| Earnings | -US$263.00m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 06, 2026
| Earnings per share (EPS) | -0.14 |
| Gross Margin | 45.78% |
| Net Profit Margin | -2.56% |
| Debt/Equity Ratio | 83.1% |
How did HBR perform over the long term?
See historical performance and comparisonDividends
6.1%
Current Dividend Yield-138%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/14 06:39 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Harbour Energy plc is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lydia Rainforth | Barclays |
| James Hosie | Barclays |
| James Carmichael | Berenberg |