Harbour Energy
PMOIF (OTC)
Harbour Energy, an oil, gas, and coal company, currently offers a dividend yield of 8.07%. Despite facing challenges, including a 4.13% decline in the past year and a significant 41.81% drop over the last five years, the company is focused on upstream activities, which may present opportunities for growth as new projects come online. With an analyst rating of C-, investors should weigh the potential for reliable income against the backdrop of fluctuating performance.
Pros:
- Potential for recovery in oil prices
- Strong asset base
Cons:
- Negative returns over the past five years
- Market volatility risk
Harbour Energy (PMOIF) may be suitable for income-focused investors willing to accept higher risk, given its robust dividend yield of 8.07% despite its recent performance challenges. Potential investors should carefully consider the company's volatile returns and the broader market conditions before committing capital.