Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Harbour Energy's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was $188 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $406 Mil.
Harbour Energy (OTCPK:HBRIY) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Harbour Energy Selling, General, & Admin. Expense Related Terms
Harbour Energy Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Harbour Energy's Selling, General, & Admin. Expense can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Harbour Energy Selling, General, & Admin. Expense Chart
HBRIY vs COP, EOG, FANG: Selling, General, & Admin. Expense Comparison
For the Oil & Gas E&P subindustry, Harbour Energy's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Harbour Energy Selling, General, & Admin. Expense vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Harbour Energy's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Harbour Energy's Selling, General, & Admin. Expense falls into.
Harbour Energy Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $406 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Selling, General, & Admin. Expense of $406 Mil mean?
Harbour Energy (HBRIY) has a Selling, General, & Admin. Expense of $406 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Harbour Energy and its competitors.
Is Harbour Energy's Selling, General, & Admin. Expense too high?
Harbour Energy's current Selling, General, & Admin. Expense is $406 Mil. Overall, Harbour Energy has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harbour Energy's Selling, General, & Admin. Expense compare to COP and EOG?
Harbour Energy's Selling, General, & Admin. Expense of $406 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Harbour Energy and its competitors. Harbour Energy's current Selling, General, & Admin. Expense is $406 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbour Energy stock overvalued right now?
Based on GuruFocus' analysis, Harbour Energy (HBRIY) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.50, compared to a current price of $3.48 — trading 22.8% below its estimated fair value. The current Selling, General, & Admin. Expense is $406 Mil. Harbour Energy's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Harbour Energy (HBRIY), the current Selling, General, & Admin. Expense is $406 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Harbour Energy (HBRIY) Overvalued in 2026?
Based on GuruFocus' analysis, Harbour Energy stock appears to be undervalued.
The current stock price of $3.48 is trading 22.8% below its estimated GF Value™ of $4.50.
GuruFocus considers Harbour Energy to be Modestly Undervalued.
Key valuation signals for HBRIY:
Selling, General, & Admin. Expense: $406 Mil
GF Value™: $4.50 vs. price of $3.48 (22.8% below fair value)
No single metric tells the full story. See the HBRIY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbour Energy PLC is an independent upstream oil and gas company engaged in the acquisition, exploration, development, and production of oil and natural gas reserves. The operating segments are divided geographically and managed across nine business units: namely Norway, UK, Germany, Mexico, Argentina, North Africa, Southeast Asia, CCS and Corporate. The CCS segment includes Denmark. The majority of the company's revenue is derived from the sale of crude oil in Norway.
80GF Score
Get the complete analysis for HBRIY
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HBRIY has been successfully added to your 
