bullish

Harbour Energy (HBR) - Sunday, Jun 30, 2024

172 Views30 Sep 2024 10:47
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SUMMARY
  • Harbour Energy plans to acquire Wintershall Dea's non-Russian upstream assets, which will triple its 2p resources, increase production, lower operating costs, and boost free cash flow
  • This move will reduce HBR's reliance on the UK Continental Shelf and diversify its resource base
  • Despite concerns about the future of UK oil and gas producers, HBR's stock presents a potential upside of over 100% within the next 12-18 months, making it an attractive investment opportunity.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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