Harbour Energy eyes 2025 growth with full boost from Wintershall assets By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2025
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Source: Investing.com
Production Forecast and Financial Growth: Harbour Energy expects a significant production increase in 2025 to 450,000-475,000 boepd, driven by assets acquired from Wintershall Dea, resulting in a revenue rise to $6.1 billion in 2024 from $3.7 billion in 2023.
Capital Expenditure and Future Plans: The company plans a capital expenditure of $2.4 - $2.6 billion in 2025, focusing on various development projects and expecting to generate approximately $1 billion in free cash flow, while also planning to distribute $455 million in dividends.
Analyst Views on HBR
Wall Street analysts forecast HBR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HBR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 14.783
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Current: 14.783
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
