Oil, Gas Prices Jump

Headlines say oil, gas prices jump amid escalating Middle East conflict and all stocks this week 71% BUY, 12% HOLD, 17% SELL.

1. OVERWEIGHT Harbour Energy

Top performing stock pick this week is OVERWEIGHT Harbour Energy by Barclays with a tip performance of 8%.

Harbour Energy is the largest London-listed independent oil and gas company. The company is focused on producing, exploring and developing assets globally with operations in the UK North Sea, Norway and recently the US Gulf of Mexico.

Harbour Energy share price launched at 3,841p in 2006.

CEO Linda Cook announced that new operations in the US, Argentina and Mexico will replace declining UK productions.

In Stockomendation five analysts with five different ratings: Barclays with OVERWEIGHT; Jefferies says BUY; Berenberg has HOLD; JP Morgan is NEUTRAL and Goldman Sachs says SELL. There are no active UK fund manager short positions open.

2. OVERWEIGHT Hammerson

Second top performing stock pick this week is OVERWEIGHT Hammerson by Morgan Stanley with a tip performance of 4%.

Hammerson is a real estate investment trust that owns, operates and develops city-center retail, leisure and mixed-use destinations. Founded in 1942, it holds a portfolio across the UK, Ireland, and France and is a constituent of the FTSE 250 index.

Hammerson share price launched at 2,027p in 1988, rose to an all-time high of 5,441p in 2007 and is today at 328p.

On 17th March the company recommended in this RNS a dividend of 8.56 pence per ordinary share for the financial year ending 31 December 2025. This dividend is subject to shareholder approval at the 2026 Annual General Meeting.

The dividend will be distributed entirely as a Property Income Distribution meaning it will be subject to a 20% UK withholding tax, unless an exemption applies. Harrmerson share prise rose as a result.

3. AVOID Intercede Group

Third top performing stock pick this week is AVOID Intercede Group by Steve Moore in ShareProphets with a tip performance of 3%.

Intercede Group is a cybersecurity software company that specialises in identity and credential management. It enables organisations to secure digital identities, manage Public Key Infrastructure and adopt passwordless authentication.

Interecede Group share price launched at 81p in 2001, rose to an all-time high of 231p in 2014 and is today at 74p.

On 17th March the company issued its Year End Trading Update in this RNS stating full-year revenue 8-9% below market expectations. Revenue shortfalls tied to delays in procurement cycles trigger short-term sell-pressure as the market digests lowered expectations. Additionally, adjusted EBITDA dropping 15-18% below expectations reinforces investor concerns about profitability headwinds and leverage of fixed cost investments.

In his article Steve Moore questions the valuation and the current shortfall on historic predictions.

In Stockomendation one analyst being Steve Moore with AVOID. There are no active UK fund manager short positions.

Join Now

Think you can pick stocks? Play the December league UK Share Picking game FREE : uksharepickinggame.co.uk

Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 20th March 2026.