Harbour Energy (HBR)

Sector:

Energy Producers

Index:

FTSE 250

300.00p
   
  • Change Today:
    -1.10p
  • 52 Week High: 316.90
  • 52 Week Low: 218.30
  • Currency: UK Pounds
  • Shares Issued: 770.38m
  • Volume: 2,147,587
  • Market Cap: £2,311.13m
  • RiskGrade: 162

Key Financials

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Growth Metrics 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Annualisation Factor 1.0 n/a 1.0 0.2 1.0
Dividend Yield 6.0% 2.5% 0.0% 0.0% 0.0%
           
Continuing Operations          
PE Ratio - Adjusted 381.3 38.2 n/a 130.8 n/a
PE Ratio - Diluted 381.3
434.7		 38.2
38.3		 n/a
n/a		 143.0
143.3		 n/a
39.3
PEG - Adjusted n/a n/a n/a n/a n/a
PEG - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
0.8
Return on Capital Employed 48.79%
48.79%		 0.09%
0.09%		 n/a
n/a		 2.14%
2.14%		 n/a
15.14%
Operating Margin 47.14%
47.14%		 18.41%
18.41%		 (28.48%)
(28.48%)		 28.71%
28.71%		 (11.47%)
36.50%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 381.3 3,786.7 n/a 618.4 n/a
PE Ratio - Diluted 381.3
424.1		 3,786.7
3,790.8		 n/a
n/a		 676.2
676.5		 n/a
38.3
PEG - Adjusted 0.5 n/a n/a n/a n/a
PEG - Diluted 0.5
0.6		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
0.8

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Net Gearing 153.09% 600.13% 175.89% 238.99% 99.68%

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Value Metrics 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Price/Book Value n/a n/a n/a n/a n/a
Price/Tangible Book Value n/a n/a n/a n/a n/a
Price/ Cash Flow n/a n/a n/a n/a n/a
Price/Revenue n/a n/a n/a n/a n/a
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) (131.81¢) (198.27¢) (53.45¢) (5.24¢) 154.38¢
Net Cash per Share n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Annualised Fundamentals 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Continuing Operations          
Revenue 5,390.00 35.12 2,413.60 316.77 1,629.40
EBITDA 4,116.60
4,116.60		 20.61
20.61		 562.90
562.90		 90.95
90.95		 1,053.90
1,051.20
Depreciation (1,575.70)
(1,575.70)		 (14.15)
(14.15)		 (1,250.30)
(1,250.30)		 n/a
n/a		 (1,240.80)
(456.40)
Net Interest (79.10)
(79.10)		 (3.29)
(3.29)		 (290.30)
(290.30)		 (70.46)
(70.46)		 (199.00)
(199.00)
Profit Before Tax 2,462.00
2,462.00		 3.17
3.17		 (977.70)
(977.70)		 20.49
20.49		 (362.50)
419.20
           
Revenue per Share 599.02¢ 4.03¢ 342.36¢ 38.34¢ 312.20¢
Pre-Tax Profit per Share 273.62¢
273.62¢		 0.36¢
0.36¢		 (138.68¢)
(138.68¢)		 2.48¢
2.48¢		 (69.46¢)
80.32¢
Market Capitalisation $ (Millions) 2,578.78 3,276.39 19.61 16,331.37 16,991.56
Enterprise Value (EV) $ (Millions) 4,560.48 6,774.89 2,119.71 19,178.37 19,263.16
EBITDA/EV 90.27%
90.27%		 0.30%
0.30%		 26.56%
26.56%		 0.47%
0.47%		 5.47%
5.46%
Operating Margin 47.14%
47.14%		 18.41%
18.41%		 (28.48%)
(28.48%)		 28.71%
28.71%		 (11.47%)
36.50%
Capital Employed $ (Millions) 5,208.00 7,022.70 6,998.10 4,247.70 4,082.00
Return on Capital Employed 48.79%
48.79%		 0.09%
0.09%		 n/a
n/a		 2.14%
2.14%		 n/a
15.14%
Invested Equity Capital $ (Millions) 5,351.90 5,683.20 6,119.50 2,520.20 2,990.40
           
Earnings per Share - Basic 1.00¢
0.89¢		 11.60¢
11.61¢		 (55.20¢)
(110.41¢)		 18.80¢
18.76¢		 (43.30¢)
106.48¢
Earnings per Share - Diluted 1.00¢
0.88¢		 11.60¢
11.59¢		 (55.20¢)
(110.41¢)		 17.20¢
17.16¢		 (43.30¢)
106.48¢
Earnings per Share - Adjusted 1.00¢ 11.60¢ (55.20)¢ 18.80¢ (43.30)¢
Earnings per Share Growth - Basic -91%
-92%		 n/a
n/a		 n/a
n/a		 n/a
-82%		 n/a
38%
Earnings per Share Growth - Diluted -91%
-92%		 n/a
n/a		 n/a
n/a		 n/a
-84%		 n/a
47%
Earnings per Share Growth - Adjusted -91% n/a n/a n/a n/a
PE Ratio - Diluted 381.3
434.7		 38.2
38.3		 n/a
n/a		 143.0
143.3		 n/a
39.3
PEG - Diluted n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
0.8
Tax Rate 99.66% 67.85% 20.38% (51.22%) 47.67%
Dividend Cover 0.04
0.04		 1.05
1.05		 n/a
n/a		 n/a
n/a		 n/a
n/a
Interest Cover 7.87
7.87		 1.84
1.84		 (2.24)
(2.24)		 1.27
1.27		 (0.52)
2.76
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 1.00¢
0.91¢		 0.12¢
0.12¢		 (55.20¢)
(110.41¢)		 3.98¢
3.98¢		 (40.30¢)
109.48¢
Earnings per Share - Diluted 1.00¢
0.90¢		 0.12¢
0.12¢		 (55.20¢)
(110.41¢)		 3.64¢
3.64¢		 (40.30¢)
109.48¢
Earnings per Share - Adjusted 1.00¢ 0.12¢ (55.20¢) 3.98¢ (40.30¢)
Earnings per Share Growth - Basic 754%
678%		 n/a
n/a		 n/a
n/a		 n/a
-96%		 n/a
42%
Earnings per Share Growth - Diluted 754%
669%		 n/a
n/a		 n/a
n/a		 n/a
-97%		 n/a
51%
Earnings per Share Growth - Adjusted 754% n/a n/a n/a n/a
PE Ratio - Diluted 381.3
424.1		 3,786.7
3,790.8		 n/a
n/a		 676.2
676.5		 n/a
38.3
PEG - Diluted 0.5
0.6		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
0.8
Dividend Cover 0.04
0.04		 0.01
0.01		 n/a
n/a		 n/a
n/a		 n/a
n/a
Return on Equity (ROE) 0.15%
0.15%		 0.02%
0.02%		 (12.72%)
(12.72%)		 1.30%
1.30%		 (7.03%)
19.11%
Operating Cash Flow per Share 347.86¢ 185.28¢ 194.81¢ 134.18¢ 177.10¢
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (19.23¢) 0.30¢ (18.33¢) (1.12¢) (30.10¢)
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 23.00¢ 11.00¢ n/a n/a n/a
Dividend per Share Growth 109.09% n/a n/a n/a n/a
Dividend Yield 6.0% 2.5% 0.0% 0.0% 0.0%
Shareholders Funds 1,021.00 473.50 1,067.30 1,131.50 1,872.20
Net Borrowings $ (Millions) 1,562.70 2,841.60 1,877.30 2,704.20 2,094.40
Net Asset Value per Share (inc. Intangibles) (131.81¢) (198.27¢) (53.45¢) (5.24¢) 154.38¢

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing - inc Intangibles 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Shareholders' Funds inc Intangibles 1,021.00 473.50 1,067.30 1,131.50 1,872.20
Net Borrowings $ (Millions) 1,562.70 2,841.60 1,877.30 2,704.20 2,094.40
Net Gearing 153.09% 600.13% 175.89% 238.99% 99.68%
Cash & Near Cash 500.00 698.70 445.40 198.10 291.80
Cash 48.97% 147.56% 41.73% 17.51% 15.59%
Gross Borrowings 2,062.70 3,540.30 2,322.70 2,902.30 2,386.20
Gross Gearing 202.06% 747.69% 217.62% 256.50% 115.27%
Borrowings Under 5 years 2,062.70 3,540.30 2,322.70 2,902.30 2,386.20
Under 5 years 202.03% 747.69% 217.62% 256.50% 127.45%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Gearing - exc Intangibles 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Shareholders' Funds exc Intangibles (1,186.00) (1,727.30) (376.80) (43.30) 805.70
Net Borrowings $ (Millions) 1,562.70 2,841.60 1,877.30 2,704.20 2,094.40
Net Gearing n/a n/a n/a n/a 231.64%
Cash & Near Cash 500.00 698.70 445.40 198.10 291.80
Cash (42.16%) (40.45%) (118.21%) (457.51%) 36.22%
Gross Borrowings 2,062.70 3,540.30 2,322.70 2,902.30 2,386.20
Gross Gearing 173.95% 204.96% 616.43% 6,702.76% 267.85%
Borrowings Under 5 years 2,062.70 3,540.30 2,322.70 2,902.30 2,386.20
Under 5 years (173.92%) (204.96%) (616.43%) (6,702.76%) 296.16%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Cover 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-14
Quick Ratio 0.48 0.51 1.09 0.91 1.10
Current Ratio 0.52 0.56 1.24 0.93 1.13

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Normalised ratios are shown in blue text

Note 6: Forecast figures based on normalised accounts.

 

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