Harbour Energy FY 2025 free cash flow jumps 10x to USD 1.1bn

Canary HBAR ETF -1.97%

Canary HBAR ETF

HBR

11.96

-1.97%

Harbour Energy reported FY 2025 total revenue and other income of USD 10.3 billion, with reported EBITDAX of USD 7.1 billion (adjusted: USD 7.2 billion) and free cash flow of USD 1.1 billion. Reported profit after tax was a loss of USD 182 million, while adjusted profit after tax was USD 603 million; profit before tax was USD 2.8 billion (adjusted: USD 3.4 billion). Harbour Energy declared FY 2025 shareholder distributions of USD 478 million, including a USD 228 million interim dividend, a USD 100 million share buyback announced in August 2025, and a USD 150 million final dividend. FY 2025 production rose 84% to 474 kboepd, while unit opex fell 22% to USD 12.8/boe. The company highlighted portfolio reshaping, including completion of the LLOG acquisition in February 2026 and planned completion in Q2 2026 of the sale of Indonesia assets (USD 215 million) and the acquisition of Waldorf (UK) for USD 170 million, alongside a stated USD 3.2 billion portfolio high-grading program. Harbour Energy said the LLOG deal provides strategic entry into the US Gulf of America with a deep drilling inventory, including 10-15 wells planned for 2026-2028, and noted 2026 guidance updated for the transactions implies production of 475-500 kboepd and total capex of USD 2.2-2.4 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harbour Energy plc published the original content used to generate this news brief on March 05, 2026, and is solely responsible for the information contained therein.