359.00p+5.00 (+1.41%)19 Apr 2024, 18:06
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Hunting PLC Shares News & Articles

Stock pick for 2024: Hunting is attractively priced and evidence of transformation is a clear catalyst

Energy services firm Hunting (HTG) is in the midst of a transformation which we think continues to be underappreciated by the market. The company has historically been heavily reliant on US onshore rig activity and is coming to the end of a restructuring process aimed at rebuilding profit after a difficult period in the wake of the pandemic.Evidence of its recovery should come through early in 202

Hunting lifted by higher oil prices and inspiring long-term vision for business

A combination of a favourable commodity price backdrop and positive operational progress has helped energy services firm Hunting (HTG) to a 20% share price gain in the past six months.As chief executive Jim Johnson explained to Shares an investor day on 13 September was intended to demonstrate to the market the business was about more than its flagship Titan product. This perforating gun is used t

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 specific. Th
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