What are Harbour Energy's updated 2026 free cash flow and production forecasts, and what key factors drove these upward revisions?

Harbour Energy raised its 2026 full-year free cash flow outlook to $1.8 billion from $1.4 billion and now expects production of 490,000–500,000 barrels of oil equivalent per day (boepd), up from prior guidance. These revisions were driven by record first-half output exceeding 500,000 barrels per day, higher oil and European natural gas prices, and a positive commodity price outlook for the second half — partly attributed to the Iran war — as stated by CEO Linda Cook.

How much is Harbour Energy committing to shareholder returns in 2026, and what is the initial action under this programme?

Harbour Energy pledged to return at least $800 million to shareholders in 2026, beginning with a $250 million share buyback announced on the same day as the forecast update.

Britain's Harbour Energy lifts annual cash outlook on higher output, oil prices

Aug 5, 2026

Britain's Harbour Energy raised its annual free cash flow and production forecasts following record first-half output and higher oil prices. The company pledged $800 million in shareholder returns and targets 2026 production of 490,000-500,000 barrels per day.

reuters

2026-08-05

Britain's Harbour Energy lifts annual cash outlook on higher output, oil prices

2026-08-06

UK’s Harbour Energy Plans New Share Buyback as Cash Flow Climbs

Britain's Harbour Energy lifts annual cash outlook on higher output, oil prices

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