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Moody's Changes Harbour Energy's Outlook to Stable; Ratings Affirmed

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Moody's on Monday affirmed Harbour Energy's (HBR.L) Baa2 long-term issuer and senior unsecured ratings, while changing its outlook to stable from negative.

The Baa2 ratings mirror the oil and gas company's scale and geographic diversification, as well as a balanced commodity mix and development portfolio, among others.

For the stable outlook, the rating agency noted an expectation that Harbour Energy will continue delivering production that aligns with its targets and maintain conservative financial policies.

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