Harbour Energy (HBRIY) Expected to Release Quarterly Earnings on Thursday

Harbour Energy (OTCMKTS:HBRIY) is expected to be issuing 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

Shares of HBRIY opened at $3.28 on Thursday. The firm’s 50-day moving average is $3.39 and its two-hundred day moving average is $3.53. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.94 and a current ratio of 1.04. Harbour Energy has a twelve month low of $2.51 and a twelve month high of $4.48.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group downgraded 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Harbour Energy Company Profile

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.