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Hunting PLC (HTG.L)

HTG.L on London Stock Exchange

526.50GBp
19 Jul 2019
Change (% chg)

1.50 (+0.29%)
Prev Close
525.00
Open
528.00
Day's High
528.00
Day's Low
526.50
Volume
127
Avg. Vol
428,816
52-wk High
883.50
52-wk Low
448.00

Latest Key Developments (Source: Significant Developments)

Standard Life Aberdeen Raises Stake In Hunting To 7.44% From 5.42%
Wednesday, 3 Jul 2019 

July 3 (Reuters) - :STANDARD LIFE ABERDEEN RAISES STAKE IN HUNTING PLC TO 7.44% FROM 5.42%- FILING.  Full Article

Hunting Plc's core profit rises
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Hunting PLC ::HUNTING PLC - QTRLY UNDERLYING EBITDA OF ABOUT $35 MILLION, WHICH IS IN LINE WITH INTERNAL TARGETS.HUNTING PLC - Q1 2019 SAW A CONTINUATION OF LEVEL OF REVENUES & PROFITS REPORTED IN Q4 2018.HUNTING PLC - HUNTING TITAN REPORTED Q1 REVENUE AHEAD OF Q4 2018 HOWEVER MARGINS REDUCED DURING Q1 2019.HUNTING - SEGMENTAL RESULTS IMPROVING & REPORTING REDUCED LOSSES VERSUS PRIOR PERIODS PARTICULARLY IN EUROPEAN OPERATIONS.HUNTING PLC - OFFSHORE FOCUSED OPERATIONS CONTINUE TO FACE SLOW & CHALLENGING MARKETS, ESPECIALLY IN GULF OF MEXICO & NORTH SEA.HUNTING PLC - IN CANADA, EXTREMELY COLD WEATHER CONDITIONS IN LATE JAN & EARLY FEB AFFECTED ACTIVITY LEVELS.HUNTING - QTRLY U.S. RESULTS AHEAD OF EXPECTATIONS AS IT BENEFITS FROM IMPROVING DEMAND WITHIN ONSHORE COMPLETIONS, CAPITAL EQUIPMENT MARKETS.HUNTING PLC - IN MIDDLE EAST, REGIONAL ACTIVITY LEVELS ARE IMPROVING, BENEFITING SAUDI ARABIAN OPERATIONS.HUNTING PLC - OUTLOOK FOR REMAINDER OF YEAR REMAINS POSITIVE GIVEN MARKET BACKDROP OF IMPROVED OIL PRICE.  Full Article

Hunting Says Trading For Full Year Remains In Line With Expectations
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Hunting PLC ::HUNTING PLC - Q3 2018 TRADING UPDATE.HUNTING PLC - REVENUES DURING Q3 HAVE REMAINED STEADY IN NORTH AMERICA AS ACTIVITY WITHIN ONSHORE SHALE BASINS CONTINUED.HUNTING - WHILE U.S. ONSHORE MARKET ENVIRONMENT REMAINS RELATIVELY FIRM, U.S. OFFSHORE AND INTERNATIONAL MARKETS REMAIN SLOW AS GEOPOLITICAL TENSIONS.HUNTING PLC - TRADING FOR FULL YEAR REMAINS IN LINE WITH EXPECTATIONS, WITH MANAGEMENT REMAINING COMFORTABLE WITH CURRENT MARKET CONSENSUS.  Full Article

Hunting Posts H1 Profit Vs Year-Earlier Loss
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Hunting PLC ::H1 UNDERLYING PROFIT FROM OPERATIONS $53.5 MILLION VERSUS LOSS OF $9.3 MILLION YEAR AGO.H1 REVENUE $442.8 MILLION VERSUS $318.1 MILLION YEAR AGO.INTERIM DIVIDEND DECLARED OF 4 CENTS IN H1 (H1 2017 - NIL).H1 GROSS MARGIN OF 31 PERCENT (H1 2017 - 22 PERCENT).H1 EBITDA MARGIN OF 16 PERCENT (H1 2017 - 4 PERCENT).H1 RESULTS UNDERPINNED BY STRONG MARKET ENVIRONMENT WITHIN US ONSHORE COMPLETIONS.OUTSIDE THE US, THERE ARE HEADWINDS GIVEN INTRODUCTION OF TRADING TARIFFS FOR STEEL, CONTINUING VOLATILE GEOPOLITICAL ENVIRONMENT.ASIA PACIFIC, CANADA, EUROPE, MIDDLE EAST AND E&P SEGMENTS REMAIN LOSS-MAKING IN H1.  Full Article

Hunting Says Remain Comfortable With Market Consensus For Full Year 2018 Outturn
Thursday, 28 Jun 2018 

June 28 (Reuters) - Hunting PLC ::GROUP'S PERFORMANCE DURING H1 HAS CONTINUED TO REFLECT STRONG ACTIVITY LEVELS WITHIN US ONSHORE COMPLETIONS.OUTLOOK FOR REMAINDER OF YEAR, MANAGEMENT CONTINUE TO TAKE A CAUTIOUS VIEW ON RATE OF RECOVERY IN WIDER MARKET IN H2 2018.CURRENTLY REMAIN COMFORTABLE WITH MARKET CONSENSUS FOR 2018 FULL YEAR OUTTURN.GROUP'S BALANCE SHEET REMAINS STRONG WITH A NET CASH BALANCE IN EXCESS OF $30M EXPECTED AT 30 JUNE 2018.INVENTORY IS EXPECTED TO BE APPROXIMATELY $325M AT 30 JUNE 2018 COMPARED TO $286M AT 31 DECEMBER 2017.H1 CAPITAL INVESTMENT HAS REMAINED MODEST WITH APPROXIMATELY $11M INCURRED UP TO END OF JUNE 2018.  Full Article

Hunting Sees FY Results To Be Within Upper Half Of Current Market Consensus
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Hunting PLC ::REVENUES IN FIRST THREE MONTHS OF YEAR HAVE BEEN AT A SIMILAR AVERAGE MONTHLY RUN RATE TO THAT REPORTED IN Q4 2017.GROUP CONTINUES TO BENEFIT FROM OPERATIONAL LEVERAGE AS VOLUMES INCREASE AGAINST ALREADY REDUCED COST BASE.Q1 ACTIVITY LEVELS WITHIN ONSHORE NORTH AMERICAN COMPLETIONS MARKET REMAIN STRONG, LEADING TO UNDERLYING EBITDA OF ABOUT $32.7 MILLION.EXPECT FULL YEAR RESULT TO BE WITHIN UPPER HALF OF CURRENT MARKET CONSENSUS.  Full Article

Hunting Sees FY Revenue Of About $700 Mln
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Hunting Plc ::‍REVENUE FOR FULL YEAR IS EXPECTED TO BE AROUND $700 MILLION MARK, WITH RESULTS STRONGLY WEIGHTED TO SECOND HALF OF YEAR​.FY ‍EBITDA IS LIKELY TO BE NEARER UPPER END OF MARKET EXPECTATIONS, GIVEN STRONG PERFORMANCE OF HUNTING TITAN DURING SECOND HALF OF YEAR​.‍CONTINUE TO ANTICIPATE A MODEST PRE-TAX PROFIT FOR FULL YEAR - THIS BEFORE CHARGES FOR INTANGIBLE ASSET AMORTISATION AND ANY EXCEPTIONAL ITEMS​.‍CAPITAL INVESTMENT REMAINS TIGHTLY CONTROLLED WITH SPEND IN FULL YEAR EXPECTED TO BE AROUND $12 MILLION​.‍THERE IS CURRENTLY NO INTENTION TO PROPOSE A DIVIDEND FOR YEAR ENDED 31 DECEMBER 2017​.  Full Article

Hunting says FY ‍revenues are likely to be around 700 mln stg
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - HUNTING PLC ::‍REVENUES FOR FULL YEAR ARE LIKELY TO BE AROUND $700 MILLION MARK​.‍FOR NINE MONTHS TO 30 SEPTEMBER 2017, EBITDA WAS APPROXIMATELY $33 MILLION​.  Full Article