Harbour Energy PLC (OTCPK:HBRIY)
$ 3.085 0 (0%) Market Cap: 4.45 Bil Enterprise Value: 5.23 Bil PE Ratio: 26.04 PB Ratio: 1.63 GF Score: 51/100

Half Year 2024 Harbour Energy PLC Earnings Call Transcript

Aug 08, 2024 / 08:00AM GMT
Release Date Price: $3.75 (+4.06%)
Linda Cook
Harbour Energy PLC - Chief Executive Officer, Executive Director

Good morning. Thanks to everyone for joining us with a particular thank you to those of you who might be dialing in while you're away on holiday for the summer. With me today is our CFO, Alexander Krane. I'll start by taking you through our first half operational performance and also an update on the Wintershall Dea acquisition. Alexander will then cover our financial results and guidance for the full year, and then back to me to wrap up, and then we'll open the call for questions.

So starting with the half year highlights. Importantly, we maintained our focus on operational delivery. Our production, annual maintenance program and ongoing investments in the UK are all on track. Our international organic projects continue to progress and our financial position remains strong, thanks to active cost management and disciplined capital allocation.

This allowed us to end the period with a positive net cash position, while also delivering an 8% increase in our dividend per share. And lastly, we've made excellent

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