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Hunting Shares News & Articles

Market report: BP lower after lurching into loss, profit warning hurts Hunting

London’s FTSE 100 gave up 26.8 points to trade at 7,304.5 early on Tuesday, dragged lower by supermajor BP (BP.), ongoing domestic election uncertainties as well as a further slowdown in house price growth which weighed on large cap builders Berkeley (BKG), Barratt Developments (BDEV) and Taylor Wimpey (TW.). Oil major BP softened 3.9p to 508.1p after reporting a sharp drop in third quarter ...

Soggy last quarter and gloomy 2019 prospects drag on Hunting and other oil services suppliers

Oil services company Hunting (HTG) has reported deteriorating trading in the fourth quarter and management is becoming increasingly downbeat on 2019. That's enough to send shares in the company down 3.5% in early trading to 495.5p. Peers including Wood Group (WG), Petrofac (PFC) and Weir (WEIR) are also on the back foot as investors perceive the rpoblems to be industry-wide, not company ...
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