Hunting delivers 'strong' FY performance

2nd Mar 2023 09:13

(Sharecast News) - Energy services group Hunting said on Thursday that it had delivered a "strong performance" in 2022, adding that it was also "well positioned" for 2023 as demand continues to improve across all segments.

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Canaccord Genuity nudges up target price on Hunting

16th Dec 2022 10:13

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on energy services company Hunting from 350.0p to 375.0p on Friday following "another strong update" from the group.

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Hunting FY trading and financial outturn in line with expectations

15th Dec 2022 08:29

(Sharecast News) - Energy services group Hunting said 2022 trading and financial outturn remained in line with market expectations, with underlying earnings projected to be roughly $50.0m.

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Hunting sees strong trading in rebounding oil and gas sector

27th Oct 2022 09:14

(Sharecast News) - Energy service provider Hunting reported "continued strong momentum" across all of its operating segments in a trading update on Thursday, with year-to-date group EBITDA reaching $36m by the end of the third quarter.

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Berenberg raises target price on Hunting

2nd Sep 2022 10:17

(Sharecast News) - Analysts at Berenberg raised their target price on oil and gas industry supplier Hunting from 275.0p to 325.0p on Friday, stating momentum was building into an improving outlook.

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Hunting swings to EBITDA-positive first half

25th Aug 2022 11:31

(Sharecast News) - Energy services provider Hunting reported first-half revenue of $336.1m on Thursday, up from $277.2m in the second half of 2021, and $244.4m in the same period a year ago.

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Berenberg upgrades Hunting to 'buy'

14th Jul 2022 08:47

(Sharecast News) - Analysts at Berenberg upgraded energy services supplier Hunting from 'hold' to 'buy' on Thursday, stating recent weakness had provided an "attractive entry opportunity".

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Canaccord upgrades Hunting in anticipation of multi-year cycle for oilfield services

6th Jul 2022 11:27

(Sharecast News) - Analysts at Canaccord Genuity upgraded their rating for shares of Hunting from 'hold' to 'buy' following the recent sharp spill lower in the share price after the company posted its second quarter results.

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Hunting sees rise in H2 core earnings as oil price surges

30th Jun 2022 08:07

(Sharecast News) - International energy services group Hunting said first-half trading was in line with expectations as it forecast a return to annual bottom-line profitability.

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JP Morgan upbeat on outlook for oil field services and exploration outfits

23rd May 2022 15:57

(Sharecast News) - Analysts at JP Morgan sounded an upbeat note for European Union oil field services as well as oil and exploration names.

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Canaccord Genuity downgrades Hunting to 'hold'

5th May 2022 12:02

(Sharecast News) - Analysts at Canaccord Genuity downgraded energy services provider Hunting from 'buy' to 'hold' on Thursday but hiked their target price for the stock from 200.0p to 300.0p, stating risks were now more "balanced".

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Hunting pleased with performance in changing energy market

20th Apr 2022 07:42

(Sharecast News) - Energy services company Hunting said in a trading update on Wednesday that Hunting Titan reported a "good improvement" in revenue during the first quarter, with sales about 12% ahead of the fourth quarter of 2021, and 45% higher year-on-year.

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

28th Oct 2021 09:49

(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.

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RBC Capital Markets lowers target price on Hunting

27th Aug 2021 11:14

(Sharecast News) - Analysts at RBC Capital Markets decreased their target price on energy services provider Hunting from 300.0p to 275.0p on Friday after the group issued lower-than-expected full-year underlying earnings guidance.

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Hunting warns on profits, shares slump

26th Aug 2021 09:53

(Sharecast News) - Hunting shares slumped on Thursday after the energy services group warned over its full-year earnings due to a slower-than-expected recovery in core energy markets.

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