Harbour Energy (HBRIY) to Release Quarterly Earnings on Thursday

Harbour Energy (OTCMKTS:HBRIY) is projected to post its resultson Thursday, August 6th. Analysts expect Harbour Energy to post earnings of $0.3917 per share and revenue of $6.4031 billion for the quarter.

Harbour Energy Price Performance

HBRIY opened at $3.27 on Tuesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.04 and a quick ratio of 0.94. Harbour Energy has a 1-year low of $2.51 and a 1-year high of $4.48. The business has a 50 day moving average of $3.35 and a 200-day moving average of $3.54.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut shares of Harbour Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

About Harbour Energy

Harbour Energy PLC (OTCMKTS: HBRIY) is a London-based independent oil and gas exploration and production company formed in July 2021 through the merger of Premier Oil and Chrysaor. As the largest UK-listed E&P group by production, the company focuses on developing and operating a diversified portfolio of upstream assets to deliver long-term value through stable cash flow and disciplined capital allocation.

The company’s core business activities encompass the exploration, development and production of crude oil and natural gas.