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Hunting PLC (HTG.L)

HTG.L on London Stock Exchange

412.80GBp
3:36pm IST
Change (% chg)

9.20 (+2.28%)
Prev Close
403.60
Open
407.60
Day's High
417.40
Day's Low
407.60
Volume
128,102
Avg. Vol
380,041
52-wk High
748.50
52-wk Low
392.40

Latest Key Developments (Source: Significant Developments)

Hunting Reports HY Underlying Core Profit Of $77.4 Mln Vs $72.6 Mln
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Hunting PLC ::HUNTING PLC - HALF-YEAR RESULTS.HUNTING PLC - HY REVENUE $508.9M (H1 2018 - $442.8M).HUNTING PLC - HY UNDERLYING EBITDA $77.4M (H1 2018 - $72.6M).HUNTING PLC - HY UNDERLYING PROFIT FROM OPERATIONS $55.6M (H1 2018 - $53.5M).HUNTING PLC - HY REPORTED PROFIT FROM OPERATIONS OF $41.1M (H1 2018 - $38.9M).HUNTING PLC - INTERIM DIVIDEND DECLARED OF 5.0 CENTS (H1 2018 - 4.0 CENTS).HUNTING PLC - HUNTING TITAN MAINTAINS MARKET SHARE IN US, DESPITE CHALLENGING US ONSHORE MARKETS, WHICH ADVERSELY IMPACTED OPERATING PROFIT.HUNTING PLC - HY GROSS MARGIN OF 29% (H1 2018 - 31%) AND EBITDA MARGIN OF 15% (H1 2018 - 16%).  Full Article

Hunting Says Comfortable With Market Consensus For FY 2019
Thursday, 27 Jun 2019 

June 27 (Reuters) - Hunting PLC ::TRADING STATEMENT.GROUP CONTINUES TO TRADE IN LINE WITH MANAGEMENT'S EXPECTATIONS.HUNTING TITAN HAS REPORTED REVENUE BROADLY IN LINE WITH H1, 2018.US ONSHORE COMPLETIONS MARKET IMPROVING DURING H1, FOLLOWING A CAUTIOUS START DUE TO VOLATILITY IN WTI OIL PRICE DURING Q4, 2018.HUNTING TITAN HAS REPORTED H1 REVENUE BROADLY IN LINE WITH H1, 2018.GROUP'S US SEGMENT HAS TRADED AHEAD OF EXPECTATIONS DURING HY.BOARD IS COMFORTABLE WITH CURRENT MARKET CONSENSUS FOR FULL YEAR 2019.CONTINUE TO ACKNOWLEDGE POTENTIAL IMPACT OF A VOLATILE OIL PRICE ON MARKETS.  Full Article

Hunting Signs Exclusive Distributorship For Well-Sun Technology
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Hunting PLC ::HUNTING SIGNS EXCLUSIVE DISTRIBUTORSHIP FOR WELL-SUN TECHNOLOGY.  Full Article

Hunting PLC Says Fy Revenue of $911.4 Mln vs. $724.9 Mln
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Hunting PLC ::HUNTING PLC - 2018 FULL YEAR RESULTS.HUNTING PLC - FY REVENUE $911.4M (2017 - $724.9M**).HUNTING PLC SAYS FY UNDERLYING EBITDA $142.3M (2017 - $56.0M**).HUNTING PLC SAYS FY UNDERLYING DILUTED EARNINGS PER SHARE 49.6 CENTS (2017 - 8.0 CENTS**).HUNTING PLC SAYS FY REPORTED DILUTED EARNINGS PER SHARE 52.3 CENTS (2017 - (16.0) CENTS LOSS PER SHARE**).  Full Article

Hunting Expects Oil Cos To Defer Projects On Crude Price Slump
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Hunting PLC ::YEAR END TRADING STATEMENT.GROUP RESULTS TO END OF NOVEMBER 2018 HAVE REMAINED IN LINE WITH MANAGEMENT'S EXPECTATIONS.GROUP ANTICIPATES THAT CAPITAL EXPENDITURE FOR FULL YEAR 2018 WILL BE C.$30 MILLION..ANTICIPATE MARKET CONDITIONS WILL IMPACT SHORT TERM BUDGETARY DECISION MAKING BY CUSTOMERS WITH POSSIBLE DEFERRALS OF WORK.MANAGEMENT ENTER 2019 WITH A CAUTIOUS OUTLOOK.AS EXPECTED AND PREVIOUSLY NOTED IN OCTOBER 2018 TRADING UPDATE SOME MARKET SOFTNESS HAS BEEN OBSERVED IN U.S. ONSHORE BUSINESSES.IN U.S. ONSHORE BUSINESS, PUBLIC HOLIDAYS AND EXHAUSTION OF CLIENTS' BUDGETS HAVE MARGINALLY IMPACTED DAILY SALES RUN-RATES.  Full Article

Hunting Plc Says Hunting Investments Sold 70,000 Shares Of Co
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Hunting PLC ::HUNTING INVESTMENTS LIMITED SOLD 70,000 ORDINARY SHARES IN CO ON SEPT 14.AVERAGE SALE PRICE OF SHARES SOLD BY HUNTING INVESTMENTS LTD WAS 787.82 PENCE.HIL'S INTEREST HAS REDUCED TO 11 MILLION ORDINARY SHARES IN CO.  Full Article

Hunting Signs Collaboration Agreement With Titan Oil Recovery
Tuesday, 27 Mar 2018 

March 26 (Reuters) - Hunting Plc ::HUNTING SIGNS COLLABORATION AGREEMENT WITH TITAN OIL RECOVERY INC..HUNTING PLC - ‍AGREEMENT ADDS ORGANIC OIL RECOVERY TO PRODUCT LIST​.HUNTING PLC - ‍SIGNED A COLLABORATION AGREEMENT WITH US-BASED ENHANCED OIL RECOVERY COMPANY, TITAN OIL RECOVERY ​.  Full Article

Hunting Says Not Proposing Dividend In Respect Of 2017
Thursday, 1 Mar 2018 

March 1 (Reuters) - Hunting Plc ::FY REVENUE $722.9 MILLION VERSUS. $455.8 MILLION YEAR AGO.FY UNDERLYING EBITDA $55.4 MILLION VERSUS. LOSS OF $48.9 MILLION A YEAR AGO.HUNTING PLC SAYS NOT PROPOSING DIVIDEND IN RESPECT OF 2017, SHAREHOLDER DISTRIBUTIONS WILL BE CONSIDERED.  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

UPDATE 1-Hunting posts lower first-half revenue in its biggest unit, margins shrink

Aug 29 British oilfield services firm Hunting Plc posted a slight rise in first-half core profit on Thursday, but a drop in revenue at its biggest unit and shrinking margins sent its shares down nearly 5% to 410 pence.