Harbour Energy (HBR)

Sector:

Energy Producers

Index:

FTSE 250

275.80p
   
  • Change Today:
      1.20p
  • 52 Week High: 316.90
  • 52 Week Low: 218.30
  • Currency: UK Pounds
  • Shares Issued: 770.37m
  • Volume: 652,271
  • Market Cap: £2,124.69m
  • RiskGrade: 162

Premier Oil gets regulatory approvals for merger with Chrysaor

By Michele Maatouk

Date: Tuesday 23 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Premier Oil said on Tuesday that all the regulatory conditions relating to its merger with Chrysaor have now been satisfied.
The company, which agreed last October to merge with Chrysaor, said that following receipt of notice from the Oil and Gas Authority, the regulatory condition to the transaction regarding both companies' licence interests in the UK has been satisfied.

The group has also received anti-trust approval from the Mexican Economic Competition Commission.

On Monday, Premier's creditors approved the restructuring plan required for the merger to take place, and the reorganisation of its existing debt and cross currency swaps.

The restructuring plans now need to be sanctioned by the Scottish Court, Premier said, and assuming this occurs, the deal is expected to complete at the end of March. Premier Oil's shares will then be readmitted to trading on 1 April, as Harbour Energy.

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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.

 

Harbour Energy Market Data

Currency UK Pounds
Share Price 275.80p
Change Today 1.20p
% Change 0.44 %
52 Week High 316.90
52 Week Low 218.30
Volume 652,271
Shares Issued 770.37m
Market Cap £2,124.69m
RiskGrade 162

Harbour Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25% below the market average25% below the market average25% below the market average25% below the market average25% below the market average
94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average
Price Trend
1.37% above the market average1.37% above the market average1.37% above the market average1.37% above the market average1.37% above the market average
51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average
Income
76.29% above the market average76.29% above the market average76.29% above the market average76.29% above the market average76.29% above the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average
Growth
48.12% above the market average48.12% above the market average48.12% above the market average48.12% above the market average48.12% above the market average
28.3% below the sector average28.3% below the sector average28.3% below the sector average28.3% below the sector average28.3% below the sector average

What The Brokers Say

Strong Buy 5
Buy 2
Neutral 1
Sell 1
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Harbour Energy Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 07-Sep-23
Paid 22-May-24 18-Oct-23
Amount 13.00¢ 12.00¢

Trades for 28-Mar-2024

Time Volume / Share Price
17:21 1,858 @ 276.29p
17:21 4,964 @ 273.35p
17:16 4,381 @ 274.44p
17:16 1,941 @ 273.21p
17:15 16,331 @ 275.90p

Harbour Energy Key Personnel

CFO Alexander Krane
CEO Linda Cook

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