Harbour Energy (HBRIY) Expected to Post Earnings on Thursday

Harbour Energy (OTCMKTS:HBRIY) is expected to post its resultson Thursday, August 6th. Analysts expect the company to announce earnings of $0.3917 per share and revenue of $6.4031 billion for the quarter.

Harbour Energy Price Performance

Shares of HBRIY stock opened at $3.28 on Thursday. The firm’s 50-day simple moving average is $3.39 and its 200-day simple moving average is $3.53. The company has a current ratio of 1.04, a quick ratio of 0.94 and a debt-to-equity ratio of 0.79. Harbour Energy has a 1-year low of $2.51 and a 1-year high of $4.48.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered shares of Harbour Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 5th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Harbour Energy currently has an average rating of “Reduce”.

About Harbour Energy

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.