Harbour Energy plc
Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves in Norway, the United Kingdom, Germany, Mexico, Argentina, North Africa, and Southeast Asia. It is involved in the decommissioning; financing and servicing; distribution, transportation, and trade; gas trading; and risk mitigation activities. The company… Read more
Harbour Energy plc (PMOIF) - Net Assets
Latest net assets as of June 2025: $6.44 Billion USD
Based on the latest financial reports, Harbour Energy plc (PMOIF) has net assets worth $6.44 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.59 Billion) and total liabilities ($26.15 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.44 Billion |
| % of Total Assets | 19.75% |
| Annual Growth Rate | 34.98% |
| 5-Year Change | 485.68% |
| 10-Year Change | 10541.97% |
| Growth Volatility | 163.84 |
Harbour Energy plc - Net Assets Trend (2013–2024)
This chart illustrates how Harbour Energy plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Harbour Energy plc (2013–2024)
The table below shows the annual net assets of Harbour Energy plc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.25 Billion | +305.91% |
| 2023-12-31 | $1.54 Billion | +50.79% |
| 2022-12-31 | $1.02 Billion | +115.69% |
| 2021-12-31 | $473.50 Million | -55.64% |
| 2020-12-31 | $1.07 Billion | -44.09% |
| 2019-12-31 | $1.91 Billion | +103.90% |
| 2018-12-31 | $936.24 Million | +192.71% |
| 2017-12-31 | $319.85 Million | +475.81% |
| 2016-12-31 | $55.55 Million | -5.43% |
| 2015-12-31 | $58.74 Million | -54.93% |
| 2014-12-31 | $130.34 Million | -43.47% |
| 2013-12-31 | $230.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Harbour Energy plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1848.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $807.00 Million | 12.91% |
| Common Stock | $170.82 Million | 2.73% |
| Other Components | $5.27 Billion | 84.36% |
| Total Equity | $6.25 Billion | 100.00% |
Harbour Energy plc Competitors by Market Cap
The table below lists competitors of Harbour Energy plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Red Avenue New Materials Group Co Ltd
SHG:603650
|
$1.52 Billion |
|
LLOYDS METALS AND ENERGY LTD.
NSE:LLOYDSME
|
$1.52 Billion |
|
ZYMEWORKS DL-00001
F:ZA8
|
$1.52 Billion |
|
KENON HLDGS LTD
F:76N
|
$1.52 Billion |
|
Thermon Group Holdings Inc
NYSE:THR
|
$1.52 Billion |
|
FRANKS INTL N.V. EO -01
F:FK2
|
$1.52 Billion |
|
Innergex Renewable Energy Inc.
PINK:INGXF
|
$1.52 Billion |
|
Stellar Bancorp, Inc.
NYSE:STEL
|
$1.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harbour Energy plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,553,000,000 to 6,251,000,000, a change of 4,698,000,000 (302.5%).
- Net loss of 93,000,000 reduced equity.
- Dividend payments of 199,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 17,974,584.
- Other factors increased equity by 5,032,974,584.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-93.00 Million | -1.49% |
| Dividends Paid | $199.00 Million | -3.18% |
| Other Comprehensive Income | $-17.97 Million | -0.29% |
| Other Changes | $5.03 Billion | +80.51% |
| Total Change | $- | 302.51% |
Book Value vs Market Value Analysis
This analysis compares Harbour Energy plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.47x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.33x to 0.47x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $8.16 | $2.72 | x |
| 2014-12-31 | $0.25 | $2.72 | x |
| 2015-12-31 | $0.11 | $2.72 | x |
| 2016-12-31 | $0.11 | $2.72 | x |
| 2017-12-31 | $0.62 | $2.72 | x |
| 2018-12-31 | $1.21 | $2.72 | x |
| 2019-12-31 | $2.31 | $2.72 | x |
| 2020-12-31 | $1.15 | $2.72 | x |
| 2021-12-31 | $0.54 | $2.72 | x |
| 2022-12-31 | $1.12 | $2.72 | x |
| 2023-12-31 | $1.93 | $2.72 | x |
| 2024-12-31 | $5.77 | $2.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harbour Energy plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.51%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 4.85x
- Recent ROE (-1.49%) is above the historical average (-142.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 107.55% | 15.59% | 3.48x | 1.98x | $224.89 Million |
| 2014 | -161.35% | -13.63% | 2.13x | 5.56x | $-223.33 Million |
| 2015 | -1764.90% | -100.69% | 16.56x | 1.06x | $-1.04 Billion |
| 2016 | 216.63% | 14.02% | 13.58x | 1.14x | $114.78 Million |
| 2017 | -83.35% | -85.04% | 0.06x | 17.08x | $-298.58 Million |
| 2018 | 13.61% | 6.48% | 0.36x | 5.79x | $33.79 Million |
| 2019 | 8.77% | 7.10% | 0.21x | 5.93x | $-23.50 Million |
| 2020 | -72.93% | -32.25% | 0.25x | 8.88x | $-885.13 Million |
| 2021 | 21.35% | 2.91% | 0.24x | 30.63x | $53.75 Million |
| 2022 | 0.78% | 0.15% | 0.43x | 12.30x | $-94.13 Million |
| 2023 | 2.90% | 1.21% | 0.38x | 6.37x | $-110.30 Million |
| 2024 | -1.49% | -1.51% | 0.20x | 4.85x | $-718.10 Million |
Industry Comparison
This section compares Harbour Energy plc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $725,430,102
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harbour Energy plc (PMOIF) | $6.44 Billion | 107.55% | 4.06x | $1.52 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.46 Billion | 28.18% | 0.37x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $6.43 Million | -102.77% | 0.09x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.67 Billion | 10.60% | 0.70x | $10.30 Billion |
| Aminex PLC (AEXFF) | $53.12 Million | -6.15% | 0.15x | $77.17 Million |
| Aker BP ASA (AKRBF) | $1.99 Billion | 2.25% | 5.25x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-11.63 Million | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $1.91 Million | -8.89% | 0.28x | $428.76K |
| Altex Industries Inc (ALTX) | $1.30 Million | -5.62% | 0.84x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $80.73 Million | -15.39% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $6.15 Million | 55.97% | 0.13x | $4.80 Million |