Member Info for BaysilHope

BaysilHope

Posted in: HBR

Posts: 4,248

Price: 312.60

No Opinion

HBR +$3bn war chest - 2023 Output will end +300kboepd19 Jan 2023 18:33

It is clear to me HBR are gearing up for a major acq'n or acquisitionsssss - they have displayed the classic signs:

1. Defer non essential capex - NS Exp and new round bidding NS

2. Reduce core costs

3. Avoided any NS acquisitions - i.e. Enq Serica etc

4. Halt buy backs

5. Reduced Debt to Max War Chest

6. Have funding facility in place - no need for Equity

Can't think of any LSE quoted Oiler with so much potential and a buyers market with majors Off Loading, yet non of this is factored into HBR SP. I think HBR might make more than one acquisition in differing overseas or NON UK territories - producing assets, yes end of life and bridge trading until hedges fall away. Imagine HBR +300kboepd and little hedging - Jesus, thats why I am adding for the medium term. The growth prospects here DWARF all other mid tier OIlers and I think we will see a deal H1.

So all this fall in 2023 FCF, output etc etc is total crepe and a distraction from the real game here - is THE JUMP to the next trading level. Only HBR is capable of a +50% increase in output without dilution baby. That's what sets this Co apart and the connections the BOD have to big Oilers are well proven. HBR are gearing up for the next jump in growth, can't wait. If they take 2 acquisitions - the timing would give +$4bn war chest, where other Oiler will struggle with raising debt. HBR would be raising FUNDS within their existing facility, FFS HNY

This is what you deserve when you don't value HBR super Management. Great being short at £2.44!!!!!

I have said time and time again, these peeps are brilliant, now deal of the Century Quote@

'Harbour Energy deal compelling and surpasses expectations'

“Harbour’s proposed acquisition with Wintershall Dea has defied market expectations of what was possible from its stated M&A ambitions,” BofA said in a research note.

You can short a limited growth share - driven into a cul de sac by EPL. Now the beast.

“Harbour proposed acquisition with Wintershall Dea has defied market expectations of what was possible from its stated M&A ambitions,” BofA said in a research note.

Reminds me of the end of the film Matrix, when the alien is struggling and Neo just gets stronger. This share will just grow from here, this is Blue Sky investment with massive opportunities, can't wait for the TU in January, with new production and hugely improved hedges. Well done Linda and team, never doubted you. Best O&G team sub the majors. Keeping SHorting lads- increase my opportunities of making a multi bagger. HNY I'm luzzin this.

Jefff, tow years repay debt - easy after the deal completes within 12 months Zama will be on stream adding 80-90kbopd in early phase production taking combined to 600kbopd daily output add +$1.5bn (2yrs) from HBR east tolmount and stupidly low gas hedges expiring - with +90% tax relief for capex. That ignores new opportunities jumping in. HBR will own 33% of Zama by Q4 next year. Combined EBITDAX could hit $10bn yr2

Peel Hunt analysts Werner Riding and Matt Cooper said the deal had addressed Harbour’s “growth problem”. “The benefits are clear: increased scale/liquidity, enhanced reserve life, reduced carbon intensity on a unit basis, and with clear geographic synergies and new areas to bring numerous reinvestment opportunities,” they said.

Look at the new investment pipeline - add Egypt- then Zama, frig a dick - endless - cheers NSS

BASF want out so all wind in the sails. Banker - Deal or NO Deal FFS Deal of the century...

NOOOOOOO!!!

No appreciation of the quality of the deal moving away from UK cul de sac - yet -ve reviews, they will issue shares at a premium FFS not discounted dilution- £3.60, debt will be clear in 2 years and $2bn cash from target cashflow pays for the deal. You are obv up to your neck in short positions. Great - why diss a brill management team- this is what they are capable of. Learn - and yes drop the price for me to buy more. What a double bagger. Can't wait for the TU and prospectus. They now will have the critical mass for South Asia - which is a 15-20TCF all day long with next 2 wells, probably the largest 2tier discovery in the world last few years and we are right in it. Over time a strong buy on all pull backs.

Great point MB190 - as usual - FOMO. GN

Who's next? What a deal - can't believe it. Utter genius, ticks every box and as ADVFN Wolf of Hounslow says in his quoted post, gets HBR out of a cul de sac, but in fifth gear. Not going to sleep, rework the projections.

Incredible - what a deal - brilliant management to construct a Reverse Takeover - besting the competition and the Arabs.

COONC - nah too small. HNY

Potential PE ratio 1.6 FFS - EBITDAX $8bn say 50% tax $4bn NP After tax divide by 1.7bn shares and US 1.27 = EPS £1.85 - with £2.95 SP - clazzy valuation. FCF frightening, opportunities - boundless, Management unbelievable - especially for BASF to trust our management with such a deal & an analysts dream - It's a share JIM - but not as we KNEW it.

Neptune - TOO SMALL we were not thinking big enough - this management needs a massive re-rate.

HNY

$2.15 billion of cash consideration to be funded through cash flow generated from the Target Portfolio between the effective date of 30 June 2023 and completion, and an underwritten bridge facility

PLus UK % of output falls to 40% and says it all- de-risks a labour govt -1000%

For a $3bn outfit to acquire $11bn - a poor deal when they still own > 50%???? - do yourself a favour. Investment grade business with massive new internal oppos- Zama will take 2025 output past 600kbopd - look what they did with PMO, with this - a zillion times larger, with new individual prospects the size of acquisitions. HBR post deal could be earning $7bn EBITDAX p.a. unlocks huge potential. Don't knock yourself out guys on the rubbishing peeps, you'll loose this one. Happy to buy in on downward pressure and hold. +ve's outweigh all the -ve's ignore the cow pat drivel. Admit it, your £2.20 shorts are looking sick. HNY

Stoop to conquer!! Unbelievable Jeff, who thought they could pull that off with +30% of Zama - of 180kbopd due in 2025. So much to study and all exciting. GLA New production - outside UK

The opportunities they can encounter just went exponential. Complete opposite of range bound HBR trapped by EPL. Luzzin it HNY. Debt coupon 1.8% as a throwaway.

Wintershall Dea is the second largest shareholder in the Zama field after operator Pemex and holds, according to the Unitisation Resolution from March 2022, an initial participation of 19.83%, while Pemex holds 50.43%, Talos Energy 17.35% and Harbour Energy 12.39%.. Next to Pemex.

Jesus the value unlocked here is stupiddddd!!!!!!!

Geo range - its a dream buy. No one thought they could do it. Linda genius, given where we were- shorted to death. That MO gone. And CCS huge step change- I love it. And undervalued at £3

At last - who was saying $1bn not liquidity BP next

Over the f...g moon

Please Jeffff talk to your boss and f UP FFS annoying irrelevant ttttwwwat HNY