Harbour Energy (HBR)

Sector:

Energy Producers

Index:

FTSE 250

409.80p
   
  • Change Today:
      16.60p
  • 52 Week High: 647.20
  • 52 Week Low: 310.10
  • Currency: UK Pounds
  • Shares Issued: 925.53m
  • Volume: 596,056
  • Market Cap: £3,792.83m
  • RiskGrade: 162
  • Beta: 1.88

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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 409.80p
Change Today 16.60p
% Change 4.22 %
52 Week High 647.20
52 Week Low 310.10
Volume 596,056
Shares Issued 925.53m
Market Cap £3,792.83m
Beta 1.88
RiskGrade 162

Harbour Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
3.23% above the market average3.23% above the market average3.23% above the market average3.23% above the market average3.23% above the market average
97.37% below the sector average97.37% below the sector average97.37% below the sector average97.37% below the sector average97.37% below the sector average
Price Trend
70.98% below the market average70.98% below the market average70.98% below the market average70.98% below the market average70.98% below the market average
40.66% below the sector average40.66% below the sector average40.66% below the sector average40.66% below the sector average40.66% below the sector average
Income
40.97% below the market average40.97% below the market average40.97% below the market average40.97% below the market average40.97% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Growth Not Available

What The Brokers Say

Strong Buy 8
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 9
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Harbour Energy Dividends

No dividends found

Trades for 01-Dec-2021

Time Volume / Share Price
12:05 2,316 @ 409.60p
12:05 204 @ 409.80p
12:05 509 @ 409.60p
12:05 950 @ 409.60p
12:05 406 @ 409.80p

Harbour Energy Key Personnel

CFO Alexander Krane
CEO Linda Cook

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