Harbour Energy (PMOIF) Projected to Post Quarterly Earnings on Thursday

Harbour Energy (OTCMKTS:PMOIF) will likely be announcing its results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of ($0.2205) per share and revenue of $5.0640 billion for the quarter.

Harbour Energy Price Performance

Shares of PMOIF opened at $2.90 on Thursday. The firm has a 50-day moving average of $2.93 and a 200-day moving average of $2.96. Harbour Energy has a one year low of $1.98 and a one year high of $3.48.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group downgraded Harbour Energy from a “buy” rating to a “sell” rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Harbour Energy Company Profile

Harbour Energy plc is a British oil and gas exploration and production company headquartered in London. It was established in 2014 as a spin-off from Noble Group’s energy division and is listed on the London Stock Exchange (ticker: HBR) with an over-the-counter quotation in the United States (OTCMKTS: PMOIF). Since its inception, the company has grown through strategic acquisitions, including the purchase of BP’s North Sea assets in 2017 and the merger with Chrysaor Energy in 2021, positioning it among the largest independent hydrocarbon producers in the UK.

The company’s core operations encompass upstream activities across the hydrocarbon value chain.