Edition:
United Kingdom

Hunting PLC (HTG.L)

HTG.L on London Stock Exchange

636.50GBp
15 Nov 2018
Change (% chg)

-2.00 (-0.31%)
Prev Close
638.50
Open
641.50
Day's High
657.50
Day's Low
633.50
Volume
525,295
Avg. Vol
506,617
52-wk High
934.50
52-wk Low
486.80

Latest Key Developments (Source: Significant Developments)

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

Hunting says 2016 outturn remains in line with expectation
Tuesday, 13 Dec 2016 

Hunting Plc : Says 2016 full year outturn remains in line with its expectations . Says elsewhere market conditions, particularly within deepwater and international drilling activities remain subdued. . Benefits of cost cutting over last two years and improving market indicators, management expects EBITDA to move into positive territory during 2017 . Says close trading statement ahead of announcement of its 2016 full year results on Thursday 2 March 2017 . Says continues to see improving market indicators within U.S. onshore activities benefiting our perforating business particularly in West Texas .Says 2017 financial year remains highly dependent on continued and sustained improvement of both North American and international markets.  Full Article

UPDATE 1-UK Stocks-Factors to watch on Oct 30

Oct 30 Britain's FTSE 100 index is seen opening 16 points lower at 7,011 on Tuesday, according to financial bookmakers, with FTSE 100 futures expected to be up 0.04 percent ahead of the cash market open.