Hunting Share News (HTG)

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.

UK dividends calendar - next 7 days

UK shareholder meetings calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Kepler Cheuvreux cuts Whitbread and raises IHG

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

LONDON BRIEFING: Informa swings back to profit as live events return

(Alliance News) - Informa returned to profit in 2021, with the business information publisher and events organiser expressing confidence on Tuesday about the year ahead as Covid restrictions are fully relaxed.

LONDON BROKER RATINGS: Barclays upgrades Great Portland and CapCo

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

LONDON BROKER RATINGS: JPMorgan cuts Polymetal; Panmure raises Melrose

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