Harbour Energy PLC (STU:PQQ0)
€ 2.91 0.02 (0.69%) Market Cap: 4.20 Bil Enterprise Value: 4.95 Bil PE Ratio: 26.04 PB Ratio: 1.63 GF Score: 45/100

Full Year 2023 Harbour Energy PLC Earnings Call Transcript

Mar 07, 2024 / 09:00AM GMT
Release Date Price: €3.15 (-0.82%)
Linda Cook
Harbour Energy PLC - Chief Executive Officer

Good morning. Thanks everyone for joining Harbor's 2023 full year results call. With me this morning is our CFO, Alexander Crane.

Turning to our agenda, I'll start by taking you through our 2023 operational performance and then Alexander will cover the financial results. Then it's back to me to update on the Wintershall Dea acquisition, and we'll leave plenty of time for Q&A.

Starting with our highlights, 2023 was a year of significant strategic delivery for the company. We continued to maximize the value of our producing portfolio while generating material free cash flow. Most importantly, we did this while achieving a top quartile safety performance.

We also progressed our growth projects that will help to diversify the business over time. We materially grew our international 2C resources and hit key milestones for our UK CCS projects.

Our disciplined capital allocation enabled us once again to deliver shareholder returns over and above our base dividend while retaining the flexibility for meaningful M

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot