Harbour upgrades production guidance and announces $150m buyback
Record nine-month production of 501 kboepd lifts 2026 free cash flow outlook to c.$2.6bn, with net debt cut to $5.1bn.
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Independent oil and gas exploration and production company
harbourenergy.comLast updated
In short: Harbour raised 2026 production guidance and announced a $150 million buyback after record output
Record nine-month production of 501 kboepd lifts 2026 free cash flow outlook to c.$2.6bn, with net debt cut to $5.1bn.
Production rose 4% to 509 kboepd, revenue increased 20% to $6.4 billion, and free cash flow outlook rises to $1.8 billion with a new $250 million buyback.
Q1 production was 506 kboepd and revenue $3.0 billion; full-year production guidance narrowed upwards to 480-500 kboepd.
Full-year 2025 production rose 84% to 474 kboepd, free cash flow reached $1.1 billion, and it adopted a 45-75% payout policy with an 8.05 cent final dividend.
The UK oil and gas firm today raised its 2026 free cash flow forecast by $800m to around $2.6bn, and announced a further $150m share...
North Sea producer Harbour Energy has seen production and revenues grow across the first nine months of 2026.
Harbour Energy lifted its cash flow outlook after record first-half production and is speeding debt reduction while adding a buyback.
Harbour Energy Plc, one of the largest independent oil and gas producers in the UK North Sea, announced a new share buyback after surging commodity...
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