| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
HBR Stock Overview
Harbour Energy plc operates as an independent oil and gas company.
Rewards
Risk Analysis
No risks detected for HBR from our risk checks.
Harbour Energy Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£3.77 |
| 52 Week High | UK£4.49 |
| 52 Week Low | UK£2.84 |
| Beta | 0 |
| 1 Month Change | 5.96% |
| 3 Month Change | -0.26% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -8.62% |
Recent News & Updates
An Intrinsic Calculation For Harbour Energy plc (LON:HBR) Suggests It's 29% Undervalued
In this article we are going to estimate the intrinsic value of Harbour Energy plc ( LON:HBR ) by estimating the...
Is There An Opportunity With Harbour Energy plc's (LON:HBR) 37% Undervaluation?
Today we will run through one way of estimating the intrinsic value of Harbour Energy plc ( LON:HBR ) by taking the...
Shareholder Returns
| HBR | GB Oil and Gas | GB Market | |
|---|---|---|---|
| 7D | -0.1% | -5.0% | -1.0% |
| 1Y | n/a | 16.1% | 8.3% |
Return vs Industry: Insufficient data to determine how HBR performed against the UK Oil and Gas industry.
Return vs Market: Insufficient data to determine how HBR performed against the UK Market.
Price Volatility
| HBR volatility | |
|---|---|
| HBR Average Weekly Movement | 7.2% |
| Oil and Gas Industry Average Movement | 7.5% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.6% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: HBR is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: HBR's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 1,800 | Linda Cook | https://www.harbourenergy.com |
Harbour Energy plc operates as an independent oil and gas company. It holds interests in various properties located in the United Kingdom, Norway, Indonesia, Vietnam, Brazil, Falkland Islands, Mauritania, and Mexico. The company was founded in 2007 and is based in Edinburgh, the United Kingdom.
Harbour Energy Fundamentals Summary
| HBR fundamental statistics | |
|---|---|
| Market Cap | US$4.74b |
| Earnings (TTM) | -US$537.44m |
| Revenue (TTM) | US$2.56b |
1.9x
P/S Ratio-8.8x
P/E RatioIs HBR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HBR income statement (TTM) | |
|---|---|
| Revenue | US$2.56b |
| Cost of Revenue | US$1.92b |
| Gross Profit | US$639.44m |
| Expenses | US$1.18b |
| Earnings | -US$537.44m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.58 |
| Gross Margin | 24.97% |
| Net Profit Margin | -20.99% |
| Debt/Equity Ratio | 173.0% |
How did HBR perform over the long term?
See historical performance and comparisonValuation
Is Harbour Energy undervalued compared to its fair value and its price relative to the market?
22.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HBR (£3.77) is trading below our estimate of fair value (£4.85)
Significantly Below Fair Value: HBR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HBR is unprofitable, so we can't compare its PE Ratio to the UK Oil and Gas industry average.
PE vs Market: HBR is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HBR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HBR is overvalued based on its PB Ratio (2.7x) compared to the GB Oil and Gas industry average (1x).
Future Growth
How is Harbour Energy forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
13.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HBR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: HBR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HBR's is expected to become profitable in the next 3 years.
Revenue vs Market: HBR's revenue (1.2% per year) is forecast to grow slower than the UK market (4.9% per year).
High Growth Revenue: HBR's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HBR's Return on Equity is forecast to be high in 3 years time (29%)
Past Performance
How has Harbour Energy performed over the past 5 years?
-56.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBR is currently unprofitable.
Growing Profit Margin: HBR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HBR is unprofitable, and losses have increased over the past 5 years at a rate of 56.6% per year.
Accelerating Growth: Unable to compare HBR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HBR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (63.2%).
Return on Equity
High ROE: HBR has a negative Return on Equity (-30.95%), as it is currently unprofitable.
Financial Health
How is Harbour Energy's financial position?
Financial Position Analysis
Short Term Liabilities: HBR's short term assets ($1.5B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: HBR's short term assets ($1.5B) do not cover its long term liabilities ($10.1B).
Debt to Equity History and Analysis
Debt Level: HBR's net debt to equity ratio (148.5%) is considered high.
Reducing Debt: HBR's debt to equity ratio has increased from 3.5% to 173% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HBR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HBR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.4% per year.
Dividend
What is Harbour Energy current dividend yield, its reliability and sustainability?
3.97%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HBR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HBR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HBR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HBR's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Linda Cook (63 yo)
0.75
Tenure
Ms. Linda Zarda Cook serves as the Chief Executive Officer at Harbour Energy plc since April 1, 2021 and serves as its Director. She serves as Chief Executive Officer at Harbour Energy, Ltd. and serves as...
Leadership Team
Experienced Management: HBR's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Experienced Board: HBR's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HBR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: HBR only recently listed within the past 12 months.
Top Shareholders
Company Information
Harbour Energy plc's employee growth, exchange listings and data sources
Key Information
- Name: Harbour Energy plc
- Ticker: HBR
- Exchange: LSE
- Founded: 2007
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: UK£3.491b
- Shares outstanding: 925.53m
- Website: https://www.harbourenergy.com
Number of Employees
Location
- Harbour Energy plc
- Saltire Court
- 4th Floor
- Edinburgh
- EH1 2EN
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/18 21:21 |
| End of Day Share Price | 2022/01/18 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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 here.