Harbour Energy plc (HBR.L) Thursday reported revenue of about $6.1 billion for the full year, significantly higher than $3.7 billion in the previous year, driven by increased production.
Earnings before interest, depreciation, amortization, and exploration or EBIDAX increased to nearly $4.1 billion from $2.7 billion a year ago.
The company noted that its pre- and post-tax income are expected to be impacted by non-cash accounting charges mainly driven by adverse changes to the UK fiscal regime.
Harbour sees capital expenditure of approximately $1.8 billion pounds for the year, higher than $1 billion pounds last year, in line with guidance.
Additionally, the company expects to pay $455 million in total dividends, including $227.5 million final dividend for 2024 and $227.5 million 2025 interim dividend.
For 2025, Harbour sees production of 450-475 kboepd, significantly higher than in 2024, reflecting a full year's contribution from the Wintershall Dea portfolio and broadly stable production in the UK.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.