Ratings Harbour Energy plc

Equities

PMO

GB00BMBVGQ36

Market Closed - London Stock Exchange Other stock markets 11:35:12 2023-11-30 am EST			5-day change	1st Jan Change
229.50 ^GBX	+2.78%		+4.56%	-24.61%

Nov. 30	North American Morning Briefing : Stock Futures Rise Ahead of PCE Inflation Report	DJ
Nov. 29	Harbour Energy announces output decline, focuses on maximising value	AN

Strengths

The company's profit outlook over the next few years is a strong asset.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Its low valuation, with P/E ratio at 10.56 and 3.45 for the ongoing fiscal year and 2024 respectively, makes the stock pretty attractive with regard to earnings multiples.
The stock, which is currently worth 2023 to 0.44 times its sales, is clearly overvalued in comparison with peers.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
The company is one of the best yield companies with high dividend expectations.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
Over the past twelve months, analysts' opinions have been revised negatively.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Sector : Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
HARBOUR ENERGY PLC	-24.61%	2 180 M $	-
CHEVRON CORPORATION	-20.00%	271 B $	A-
CONOCOPHILLIPS	-2.06%	135 B $	C
CNOOC LIMITED	+30.86%	81 601 M $	B+
EOG RESOURCES, INC.	-4.98%	71 867 M $	B-
CANADIAN NATURAL RESOURCES LIMITED	+20.51%	71 779 M $	B
PIONEER NATURAL RESOURCES COMPANY	+1.42%	53 633 M $	B-
OCCIDENTAL PETROLEUM CORPORATION	-6.10%	52 952 M $	C+
HESS CORPORATION	-0.89%	42 684 M $	A-
WOODSIDE ENERGY GROUP LTD	-13.32%	38 904 M $	A-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes