HBR hasHuge Debt MOUTAIN. Confirmed by chatgtpToday 19:56
I have to warn you of the huge debt mountin that HBR has. BUST IT COULD GO. Checked with AI I did.
google AI mode confirmed it too!
checked with chat gtp in google as was SHOCKED to learn they have 23 BILLION in debt. The $23 billion (£18.1 billion) figure accurately represents Harbour Energy’s (LSE: HBR) total liabilities
Financial Borrowings & Bonds (~$5.2 Billion): This is the actual interest-bearing debt. It includes bank loans, credit facilities, and Euro-denominated corporate bonds.
Harbour Energy’s total liabilities sit at approximately $23 billion.Of this total, the actual interest-bearing financial debt is $5.2 billion. This includes bank loans, credit facilities, and corporate bonds.The remaining balance consists of non-bank debt obligations. The largest portion is $9.5 billion in decommissioning provisions. This is a legally mandated debt earmarked to clean up and dismantle offshore rigs at the end of their lifespans.The final $8.3 billion is made up of deferred energy windfall taxes, commercial trade payables, and operational obligations. This total liability footprint increased significantly following the Wintershall Dea and LLOG acquisitions, which added billions in long-term operational and environmental liabilities to the balance sheet.
23 billion in debt. no wonder the price is crashing. Everyone sell as it will go to 2 pence a share soon says Lady Barista.
penny share.