Oil and gas engineer Hunting’s stock plummets as profit forecast cut Energy Oil and gas engineer Hunting’s stock plummeted this morning after it cut its profit forecast thanks to lower oil prices. Despite reporting a 16 per cent rise in profit during the third quarter, the London-listed energy services firm flagged falling sentiment and lower client activity in the sector. “Whilst the outlook for the international and [...]
Hunting: Oil and gas services firm’s profit more than doubles Energy Oil and gas equipment provider Hunting has reported a more than doubling in profit for the first half of 2024 as its order book hit a record level.
Hunting rides wave of energy firms’ oil and gas demand Hunting Oil well manufacturer Hunting traded ahead of expectations in the first half of 2023, its management has said, thanks to especially strong performance in its oil country tubular goods and its subsea and advanced manufacturing segments.
New record for Hunting after £70m order from Kuwait Oil Company June 3, 2024 Oil and gas engineering group Hunting has received an order from Kuwait Oil Company valued at $86m (£67.5m).
Hunting books revenue growth as demand for oil and gas remains robust February 29, 2024 The firm's EBITDA soared by 98 per cent on the year prior