Member Info for Jbeez

Back in small chunk, 13.58.

Ditto

Monday is BH so will be very interesting open on Tuesday if a deal is made!

I also noticed two shorts fell below requirement for reporting this week, long may it continue

Sold all my oil stocks now for a decent profit, I feel this could go anywhere short term depending what happens next.

I just bought loads more, hoping the strait continues to open up, wtfdik

Interim results due next week which should have an impact on the share price, hopefully a positive one!

I averaged down today, now holding far too many.

Topped up today for the divi and drop seems overdone

Hmm, WTI is above brent now

Https://www.express.co.uk/travel/articles/2188826/easyjet-warning-flight-charge-fuel-crisis

Hi Cat5,

hmm yes, it was based on their full year results issued earlier this month, page 103. guess llog were not in the mix then.

Looks great, should be massive debt reduction and increased dividends for this FY:-

Harbour said it has adopted a new distribution policy, linking returns ‘directly to free cash flow’.

‘The new policy includes a base dividend and supports deleveraging alongside disciplined investment in attractive organic growth opportunities in the near term. This will underpin future production and free cash flow growth, driving enhanced shareholder returns over time,’ the firm said.

Under the new framework, it will target returning between 45% and 75% of free cash flow each year, including an initial base dividend of 16.10 cents per share.

With a leverage ratio above 1.0 times, Harbour expects to pay out towards the lower end of the range, putting the onus on debt reduction. As the leverage ratio falls below that level, the payout ratio is expected to move towards the upper end of the range.

Harbour’s leverage ratio, its net debt divided by its earnings before interest, tax, depreciation, amortisation and exploration cost write-offs, improved to 0.6 times in 2025 from 1.1 in 2024.

Harbour’s 2025 Ebitdax shot up 77% to $7.12 billion. Its net debt was down slightly to $4.31 billion from $4.42 billion.

Apologies its just over $18mscf was looking at MWh

using spot E55.81USD Equivalent: This converts to roughly $18.10 per million British thermal units (MMBtu), which is interchangeable with mscf for natural gas pricing.

so 7.1*£150 = extra £1.06 Billion

Sounds a little high for gas maybe I am looking at something wrong.

Oh and there is the gas too.

Harbour's FCF guidance is based on an assumed European gas price of $11/mscf.

Sensitivity: Every $1/mscf change in the annual European gas price impacts FCF by approximately $150 million.

daily currently sitting $60-70mscf

Just a reminder.

Daily Free Cash Flow (FCF): Estimated $5.9 million per day.

Harbour's internal guidance for 2026 projected $0.6 billion in annual FCF based on a much lower oil price of $65/bbl.

The company states that every $5/bbl increase in Brent price adds $170 million to its annual free cash flow.

With current prices ~$51 above that baseline ($116 vs $65), the adjusted annual FCF is estimated at $2.15 billion (approx. $5.9 million/day)

Does not sound like they have priced in the war!

UK gas is still way up and sounds like it is not going to be coming down for quite some time even if the war finishes tomorrow due to all the damage to the ME infrastructure.

https://tradingeconomics.com/commodity/uk-natural-gas

Hbr are now the top of the FTSE 250 and if they can stay put will finally make it to FTSE 100.

https://www.londonstockexchange.com/indices/ftse-250/constituents/table

Someone snapped them all up, guess we will find out soon