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Hunting PLC (HTG) is a large downhole metal tools and components supplier to the oil and gas industry. It has headquarters in London, UK, and Houston, US. The company’s portfolio of products is fully dedicated to the wellbore. Its operations cover manufacturing of the products and services for the construction, completion and re-completion, intervention, and subsea support phases of the wellbore development, production, and maintenance. Products are divided into six key business lines, including Oil Country Tubular Goods (OCTG) and Connection technology, Perforating systems, Drilling tools, Intervention tools, Advanced manufacturing, and Subsea. The Hunting share price is listed on the London Stock Exchange and included in the FTSE 250 Index.
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The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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