Hunting Share News (HTG)

SMALL-CAP WINNERS & LOSERS: Kenmare up on bullish note; Hunting rises

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

LONDON BROKER RATINGS: Berenberg cuts Rio Tinto and BofA lowers Anto

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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

(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.

LONDON BROKER RATINGS: Hunting upped to 'buy'; Jefferies cuts Intertek

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON MARKET CLOSE: FTSE 100 ends woeful month on downbeat note

(Alliance News) - It was a red finish to a difficult month for equities in London, troubled by rising interest rates, soaring inflation and recession worries.

SMALL-CAP WINNERS & LOSERS: Capital up on contract wins; Hunting sinks

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

Hunting falls on despite expecting a return to profitability in 2022

(Alliance News) - Hunting PLC on Thursday said it expects to return to bottom-line profitability in the full-year following an in-line-with-expectations performance in the first half but noted heavily impacted operations in the Asia Pacific.

Hunting sees rise in H2 core earnings as oil price surges

(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.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Barclays raises John Wood and cuts Hunting

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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

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

UK dividends calendar - next 7 days

Canaccord Genuity downgrades Hunting to 'hold'

(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".

IN BRIEF: Hunting sees solid improvement in quarterly revenue

Hunting PLC - London-based energy services - Reports "good" improvement in revenue during the first quarter ended March 31, with sales roughly 12% higher quarter-on-quarter and around 45% higher year-on-year. Records earnings before interest, tax, depreciation, and amortisation of USD6.7 million, reflecting strengthening markets and further narrowing of losses within several operating segments. Notes that it records an operating profit for the period. Says its balance sheet remains robust with undrawn core bank borrowing facilities of USD150.0 million committed until February 2026, and a cash and bank position of roughly USD71.6 million at March 31.

Hunting pleased with performance in changing energy market

(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.