Harbour Energy plc (HBR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Harbour Energy 2025 full year results. Today's presentation will be hosted by Linda Cook, CEO, Alexander Crane, CFO and Nigel Hearn, COO. After the presentation, we will take your questions. Linda, please go ahead. Great. Thank you, Dan. Good morning, all, and welcome to our 2025 full-year results call. I'm Linda Cook, the CEO of Harbor Energy, and as Dan said, joining me for the presentation today are Alexander Cranor, CFO, and Nigel Hearn, the Chief Operating Officer. Before we turn to results, I do want to first just acknowledge recent geopolitical events which are driving extreme commodity price volatility and raising concerns over energy security. In some ways, similar to where we were just about the same time last year with Liberation Day upon us, governments and businesses around the world coming to grips with the impacts of a wide range of new tariffs and trade agreements. And of course, not that long ago, before that, we had the Russian invasion of Ukraine, a conflict that continues to this day. and before that, a global pandemic, all in the last five to six years. These are all reminders that we live and make decisions within an uncertain and at times volatile global environment. In response, it's important in a business like ours that we balance the short term with the long term and that we remain focused on the things we can control. Operational excellence, capital discipline, managing risk, and creating value for our shareholders. So turning to the agenda, I'm going to start by taking you through the highlights from what was a very good year for Harbor Energy in 2025 and some changes to our portfolio. Nigel will then cover operations, including how we're driving performance, Alexander will follow with the financial results, 20...