Harbour Energy Sees 20% Revenue Hike in H1 2026 Amid Record Production

Harbour Energy reported its first half (H1) results for 2026, showing a significant increase in revenue and production. The independent energy company generated $6.4 billion in revenue during H1 2026, representing a 20% jump from the same period in 2025.

The company's earnings before interest, tax, depreciation, amortization, and exploration expenses (EBITDAX) rose to $4.4 billion in H1 2026, compared to $3.9 billion in H1 2025. Harbour Energy also recorded a rise in adjusted profit after tax amounting to $562 million in H1 2026, up from $410 million in H1 2025.

Linda Z Cook, CEO of Harbour Energy, stated that the company remains focused on executing its strategy: sustaining production, strengthening its portfolio, ensuring financial resilience, and delivering competitive shareholder returns. Despite commodity price volatility, Harbour continued to manage risk through hedging, securing additional hedges for European gas production in 2026 and 2027.

The company also made significant operational progress, advancing developments across its portfolio. In Egypt, Harbour Energy commenced development of the Fayoum-Messinian gas field, utilizing existing West Nile Delta infrastructure, with first gas targeted before the end of 2026. Internationally, the company progressed projects in Norway, the UK, the US Gulf of America, Argentina, and Mexico.

Harbour Energy upgraded its full-year global production guidance to between 490,000 and 500,000 barrels of oil equivalent per day (boe/d). The company also raised its 2026 free cash flow outlook to $1.8 billion and announced a $250 million share buyback program.