The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHarbour Energy Share News (HBR)

Share Price Information for Harbour Energy (HBR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 300.00
Bid: 299.60
Ask: 300.60
Change: -1.10 (-0.37%)
Spread: 1.00 (0.334%)
Open: 300.60
High: 310.50
Low: 299.50
Prev. Close: 301.10
HBR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TOP NEWS: abrdn tipped to return to FTSE 100, Harbour to drop out

Wed, 23rd Nov 2022 06:22

(Alliance News) - A short time after being booted out of London's flagship stock market benchmark, abrdn PLC may return, according to indicative index changes provided by FTSE Russell on Tuesday.

The investment company is expected to be joined among London's FTSE 100 by engineering company Weir Group PLC. Veterinary products firm Dechra Pharmaceuticals PLC and oil producer Harbour Energy are indicated to drop out of the FTSE 100, according to FTSE Russell.

In the FTSE 250, Digital 9 Infrastructure PLC is indicated to join, at the expense of gambling firm 888 Holdings PLC.

The indicative changes are based on market capitalisation on Friday. The results of the upcoming index review will be released next week Wednesday, using data as at market close on the day before.

abrdn dropped out of the FTSE 100 in September, following results from a quarterly index review announced on August 31. Since the results of that review were announced, the stock has risen 35%.

Based on market data as of Tuesday, it is the largest FTSE 250 constituent with a market capitalisation of GBP4.14 billion, behind insurer Beazley PLC's GBP4.32 billion and Weir's GBP4.59 billion.

Weir itself dropped out of the FTSE 100 in September 2021, rounding off a short stint among London large-caps. It had only joined in March 2021.

With market values of GBP2.51 billion and GBP3.13 billion, Harbour and Dechra are the smallest FTSE 100 constituents.

Windfall tax fears have hit Harbour's stock. Shares are 34% lower since the start of September. They rose 4.7% on Tuesday, however.

Dechra, meanwhile, has lost 22% since the end of August. The company has struggled to match pandemic-boosted earnings growth since Covid-19 restrictions have eased.

Digital 9 Infrastructure suffered an 11% share price fall on Tuesday, giving it a market capitalisation of GBP775.4 million. The investment fund. focused on digital infrastructure, has a larger market value than around 50 London-listed mid-caps, including 888's GBP436.5 million.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
18 Jan 2024 10:23

Harbour Energy shares fall as expects revenue fall and production drop

(Alliance News) - Harbour Energy PLC on Thursday said it anticipated its revenue in 2023 to have fallen from 2023, alongside a decline in output.

Read more
18 Jan 2024 08:50

German government to examine BASF sale of Wintershall Dea assets - Handelsblatt

BERLIN, Jan 18 (Reuters) - The German government wants to look at the $11.2 billion share and cash sale of Wintershall Dea's non-Russian oil and gas assets to Britain's Harbour Energy , German daily Handelsblatt said on Thursday.

Read more
16 Jan 2024 13:33

Norway increases annual oil, gas drilling awards, including in Arctic

SANDEFJORD, Norway, Jan 16 (Reuters) - Norway on Tuesday awarded stakes in 62 offshore oil and gas exploration licences to 24 energy companies in its annual licensing round, including in the Arctic Barents Sea, the country's energy minister said.

Read more
11 Jan 2024 09:00

Norway gas output to rise in 2024, oil seen down, official forecast shows

OSLO, Jan 11 (Reuters) - Norway's daily natural gas production is set to rise by 3% in 2024, while oil output is expected to decline by a similar volume, the Norwegian Offshore Directorate (NOD) said in its annual forecasts on Thursday.

Read more
8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

Read more
4 Jan 2024 09:31

LONDON BROKER RATINGS: Jefferies cuts Tullow; Berenberg likes Volex

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
21 Dec 2023 18:23

Britain's Harbour Energy strikes $11.2 billion deal for Wintershall Dea assets

BASF to become major shareholder in Harbour

*

Read more
21 Dec 2023 17:26

European shares ease after two days of gains

Commerzbank gets ECB nod for share buyback

*

Read more
21 Dec 2023 17:13

London stocks slip after global rally pauses

FTSE 100, FTSE 250 down 0.3%

*

Read more
21 Dec 2023 16:53

LONDON MARKET CLOSE: Investors feel frosty ahead of US inflation

(Alliance News) - The festive cheer failed to lift stock prices in London on Thursday, as investors nervously look ahead to a key inflation reading from the US on Friday.

Read more
21 Dec 2023 16:03

London close: Stocks finish weaker amid uninspiring data

(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, despite a rebound on Wall Street in early trading, as investors digested lacklustre government borrowing and retail sales data.

Read more
21 Dec 2023 15:55

Harbour Energy up after inking deal for majority of Wintershall assets

(Alliance News) - Harbour Energy PLC on Thursday said it had reached an agreement with BASF SE and LetterOne to acquire "substantially all" of the Wintershall Dea's upstream assets.

Read more
21 Dec 2023 14:14

BASF to transfer Wintershall Dea's E&P business to Habour Energy

BERLIN, Dec 21 (Reuters) - German company BASF said on Thursday that it has signed an agreement to transfer Wintershall Dea's E&P business, excluding Russia-related activities to Harbour Energy.

Read more
21 Dec 2023 14:13

Harbour Energy to buy Wintershall Dea's upstream assets for $11.2bn

(Sharecast News) - Harbour Energy surged on Thursday after saying it has agreed to buy the upstream assets of German oil and gas producer Wintershall Dea from shareholders BASF and LetterOne for $11.2bn.

Read more
21 Dec 2023 14:13

Harbour Energy to buy Wintershall Dea's upstream assets for $11.2bn

(Sharecast News) - Harbour Energy shot higher on Thursday after saying it has agreed to buy the upstream assets of German oil and gas producer Wintershall Dea from shareholders BASF and LetterOne for $11.2bn.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.