Hunting (HTG)

Sector:

Fossil Fuels Production & Distribution

Index:

FTSE Small Cap

330.50p
   
  • Change Today:
    -3.50p
  • 52 Week High: 339.00
  • 52 Week Low: 197.40
  • Currency: UK Pounds
  • Shares Issued: 164.94m
  • Volume: 211,726
  • Market Cap: £545.13m
  • RiskGrade: 258

Hunting generates 'broadly break-even' EBITDA performance in Q3

By Iain Gilbert

Date: Thursday 28 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Energy services group Hunting said on Thursday that it had generated "broadly break-even" underlying earnings performance in the third quarter despite ongoing subdued trading conditions.

Hunting stated the performance of its Titan project had continued to strengthen as US onshore completions activity maintained its growth profile.

The group stated the segment had traded "comfortably ahead of management's expectations throughout 2021", with activity levels within its key shale basins continuing to accelerate as the year progressed.

Hunting added that pricing increases announced in September had held with clients and that its Subsea business units also continued to see "steady demand" for its products, with growing interest from clients operating in Brazil.

The firm also noted that its North American segment had been impacted by Hurricane Ida, with operations in Louisiana ceasing for between two to three weeks, and that trading within the EMEA and the Asia Pacific segments remained "challenging", given general market conditions and the reluctance of operators to increase activity amid Covid-19 concerns.

As of 1035 BST, Hunting shares were down 3.13% at 185.22p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hunting Market Data

Currency UK Pounds
Share Price 330.50p
Change Today -3.50p
% Change -1.05 %
52 Week High 339.00
52 Week Low 197.40
Volume 211,726
Shares Issued 164.94m
Market Cap £545.13m
RiskGrade 258

Hunting Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.21% above the market average15.21% above the market average15.21% above the market average15.21% above the market average15.21% above the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Price Trend
75.09% above the market average75.09% above the market average75.09% above the market average75.09% above the market average75.09% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income Not Available
Growth
73.64% above the market average73.64% above the market average73.64% above the market average73.64% above the market average73.64% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hunting Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 05-Oct-23
Paid 10-May-24 27-Oct-23
Amount 5.00¢ 5.00¢

Trades for 28-Mar-2024

Time Volume / Share Price
16:58 170 @ 332.82p
16:35 133,626 @ 330.50p
16:35 1 @ 330.50p
16:35 391 @ 330.50p
16:35 367 @ 330.50p

Hunting Key Personnel

CEO Arthur James Johnson

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