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I’ve had mine on three separate accounts
Was the dividend not due 22 May?
I have still not received the payment and was wondering if other people is also waiting for the payment.
I’ve bought a big chunk of what I sold back. Will buy the rest in 290s if it gets there. Long term this is a no brainer. Once I’m fully back I’m not selling any again until £3.60
Https://www.tipranks.com/news/company-announcements/harbour-energy-ceo-retains-dividend-shares
Harbour Energy CEO Retains Dividend Shares
Harbour Energy PLC announced that following the final dividend payment on May 22, 2024, CEO Linda Z. Cook received dividend equivalent shares. After selling a portion to cover tax obligations, Cook retained the balance of shares. This transaction is in line with the Market Abuse Regulation disclosure requirements.
Nearly bailed this morning. Heading back up. Some very good comments on here today. Fingers crossed for us all, especially those from the PMO days
Any thoughts on why Gas is on such a charge?
I am with you on this….they have not bought actual shares….they have bought financial instruments/derivitives…..a repeat play to last time they bought a stake and shorts increased. I hope we are completely off the mark….time will tell….but Long term prospects still great. 👍
As a reaction to the wet news last night, HBR should hint that a US listing could be a possibility.
UK and European Gas prices very nicely on the rise here, again!
https://tradingeconomics.com/commodities
Not sure if Bank of America is a good thing as the share price had gone down in the past when they have bought. They probably use the shares to lend to others so they can short
Im sure a lot of ppl knew we have an election this year in July or by year end, so does America this was all priced in. Its an reaction to a Labour Gov, but will not have much effect on HBR as will be totally diversified by the last months of 2024, plus the Wintershall deal plus now a global play. It did not put off BOA from upping their stake. Harbour Energy PLC has announced a significant change in their shareholder structure, with Bank of America Corporation crossing a notable threshold in shareholding. On May 17, 2024, Bank of America increased its total holdings in Harbour Energy to 3.468563%.
I can see this moving across the pond on its listing once all deals are done as it will have very little reason to be based in UK.
Harbour Energy will be a totally different company both in terms of size, geographical diversification, and potential from not only the Wintershall Dea assets but also from it's own outstanding PMO inherited assets by the year end.
Nevertheless, even UK focused Oilers like Ithaca Energy, and Enquest are trading positive so fat today and not worried on a Labour victory, this Labour government will likely be a copy paste of Tony Blair period and not rock the boat where possible including on WT.
Because management are moving the company away from the thieving socialist Tories and even more thieving Liebour party.
EIA Warns Severe Hurricane Season Could U.S. Disrupt Oil & Gas
Up to 25 named storms for this year’s hurricane season could wreak more havoc on the American oil and gas industry than ever before, the Energy Information Administration (EIA) said on Wednesday in an in-depth analysis of weather’s effects on supply and demand.
“The potential for a stronger hurricane season suggests heightened risk for weather-related production outages in the U.S. oil and natural gas industry,” the EIA warned, as meteorologists forecast a “particularly intense” Atlantic hurricane season this year.
Last year, Atlantic hurricane season saw one out of 20 named storms hit land in the U.S.--none causing any severe disruption or damage of oil and gas industry installations.
This year, things may be different during the season, which starts on June 1st and runs until the end of November, with hurricanes most commonly hitting the Southeast and the U.S. Gulf Coast.
The EIA warns that the more severe hurricane forecasts for this year could see oil and gas markets impacted by the potential disruption of crude oil production and refinery operations, with offshore installations of particular concern in the Gulf of Mexico. The agency also warns of the risk of flooding and disruption at offshore floating production facilities and refinery operations. Finally, the EIA warned of potential disruption to LNG exports, which include a capacity of 13 billion cubic feet per day from the Gulf Coast.
“Recent hurricanes have had a much smaller impact on total U.S. natural gas supply because natural gas production in the GOM has been declining for years,” the EIA noted. In 2005, Hurricanes Katrina and Rita caused major natural gas disruptions; however, today, gas production from GOM territories only accounts for under 2% of the country’s total.
https://oilprice.com/Latest-Energy-News/World-News/EIA-Warns-Severe-Hurricane-Season-Could-US-Disrupt-Oil-Gas.html
OMV Warns Russia’s Gazprom May Halt Natural Gas Supply to Austria
Russian state giant Gazprom could halt natural gas supply to Austria's OMV due to a foreign court ruling that could interrupt OMV payments to Gazprom Export, the Austrian firm said in an urgent market message.
OMV's unit OMV Gas Marketing & Trading GmbH (OGMT) has learned about a foreign court decision obtained by a major European energy company which, if enforced in Austria against OGMT, would require OGMT to make payments under its gas supply contract with Gazprom Export to such European energy company, instead of Gazprom Export.
OMV's subsidiary doesn't know if and when such an enforcement might occur, the company said, without specifying the case or the European company in question.
"In case of such an enforcement, OGMT considers it likely that Gazprom Export will halt supplying gas under the gas supply contract with OGMT, thereby affecting the Austrian gas market. This assessment is based on Gazprom Export's conduct in similar situations," OMV said in its message to the market.
The Austrian company assured the market that OGMT "would still be able to supply its contractual customers with gas from alternative, non-Russian sources, through its extensive diversification efforts over the last several years."
The urgent market message from OMV highlights the vulnerability of Austria's gas supply, which is still dependent on Russia's Gazprom.
While Gazprom suspended gas supply to many EU countries in the wake of the invasion of Ukraine, Austria and several other central European countries continue to receive gas from Russia.
Earlier this year, Austria, one of the EU members still most dependent on Russian gas, signaled it would be looking to reduce its dependence on Moscow, including by seeking to end a long-term deal that OMV has with Gazprom.
Russian gas deliveries to Europe have fallen off a cliff since the Russian invasion of Ukraine, but some European customers in central Europe continue to receive Russian gas via the route through Ukraine and a pipeline via Turkey.
Ukraine has already signaled it would not engage in talks with Russia about an extension of the gas transit deal which expires at the end of 2024.
https://oilprice.com/Latest-Energy-News/World-News/OMV-Warns-Russias-Gazprom-May-Halt-Natural-Gas-Supply-to-Austria.amp.html
Double top pattern put in. this is a very negarive technical signal. sp back under £3 tomorrow.
Https://www.instagram.com/reel/C66t53_Rsja/?igsh=aXlhemxkanY1ajYz
Ties in with todays news
UK gas prices seem to be on a continuous rise here this month, maybe that is another catalyst for the recent surprisingly rapid and so far continuous short closures here
Once more here, fantastic to note, especially again and again, still even further more reductions in HBR Short positions as evident once again today, now this incredibly being the SEVENTH consecutive/back to back rapid reduction by GLG Partners LP during the months of April and May (3, 4, 5, 16, April 2024 along with now also on 09, 17, and 21 May 2024)!
So let the trend be your friend!
https://shorttracker.co.uk/company/GB00BMBVGQ36/
Dbno
As you know perfectly well, the share went xd ages ago in April when the price was aroun 285.
Todays drop is nothing to with the dividend as you well know, you effing trouble maker
GLG reduced their short position again yesterday. Down to 0.57% almost below the disclosure threshold
Harbour Energy will be an extremely well diversified Major Global O&G player by Q4!
Election being called early - labour will get in .. Oilers will be down.....