Company
Hunting PLC
LON:HTG
Hunting PLC is an international energy services provider to the world's leading oil and gas concerns in the upstream and midstream sectors first established in 1874.
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Petrofac and Hunting updates to lift lid on oil & gas sector
Petrofac warned in May headwinds are building, while the last quarter from Hunting was the best in two years
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Oil price, Predator, President, Hunting. And finally…
Oil price Oil fell yesterday as noted mainly due to virus related worries across all markets. Also oil was singled out after Opec Secretary Barkindo, answering the question regarding a possible change of strategy from the cartel answered th
Hunting expects slightly lower revenue run rate in fourth quarter
In the third quarter the group reached breakeven underlying earnings despite low levels of activity caused by COVID-19
Hunting boosted by Barclays' double-upgrade to ‘overweight’ from ‘underweight” on valuation grounds
The global bank left its target price for the FTSE All-share listed stock unchanged at 260p, with the shares currently trading at 150.60p, up 11% on Tuesday’s close
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Malcy's Blog - Oil price, Hurricane, Echo, Hunting
Echo Energy (AIM:ECHO) An update from Argentina today, at Santa Cruz Sur gas production continues as normal but the company are shutting-in the oil production with low associated gas, reducing production by c.130 b/d all of which can be bro
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Malcy's Blog - Oil price, Hurricane, Echo, Hunting
Echo Energy (AIM:ECHO) An update from Argentina today, at Santa Cruz Sur gas production continues as normal but the company are shutting-in the oil production with low associated gas, reducing production by c.130 b/d all of which can be bro
Hunting to pay dividend in May despite oil market shock
The energy services firm said it is implementing cost-saving measures but it will pay US$5mln in distributions
FTSE 100 finishes well off opening levels after sharp oil price declines
The index of UK blue-chip stocks lost 194 points to 5,598
Hunting hit by UBS downgrade on tough US onshore outlook
Analysts at the Swiss bank expect the tough current environment will be “the new normal” and do not expect an improvement in levels of US drilling activity
Hunting acquires Enpro Subsea for US$33mln
"The acquisition of Enpro further strengthens Hunting's subsea offering and adds a high technology product group to our portfolio"
Hunting reveals December will be pivotal to achieving guidance for 2019
Clients are exhausting budgets and Hunting is also seeing the seasonal fourth quarter decline.
Hunting warns profits under pressure from US drilling slowdown
The pipeline equipment maker said that challenging markets dented sales in the three months until the end of September
Hunting reports 'improved stability' in oil markets but is wary of volatile oil price
Half-year revenues for the oil services engineer are expected to be higher and underlying earnings are expected to be “marginally ahead”
Hunting slips as competition and Canadian winter squeeze margins in first quarter
The firm's Titan division, which primarily focuses on pipeline equipment, had seen its margins reduced by increased competition due to excess inventories built up at the end of last year, which had resulted in price cuts to some products
Hunting gets boost as UBS upgrades to ‘buy’ from ‘neutral’, says more positive on US business, Titan
UBS’s analysts said: “We had been cautious on Hunting given the downside risk to earnings in their US Titan business, but with the recent round of capex comments we believe these risks are now well understood and priced in”
FTSE 100 closes lower as Chinese data dents sentiment
The UK's premier share index closed down around 32 points at 7,074
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IAG, Rolls Royce and British American Tobacco on the agenda for busy blue chip Thursday
Its set to be a busy day for blue-chip news in London on Thursday.
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Hotchpotch of blue-chip results set to flow in coming week from likes of Rolls-Royce, ITV, WPP
The Week Ahead will also bring a trading update from AB Foods, plus final results from Standard Chartered, IAG, Persimmon, Rightmove, as well as the latest US GDP data
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FTSE 100 closes lower as US sinks with Santa rally looking a vague memory
At the close, the FTSE 100 was down 71.93 points, or 1.1% at 6,773.24, just above the session low of 6,761.37 and well below the early high of 6,845.17.
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Fed could be Grinch-like in final full trading week before Christmas, but BoE seen more festive
Aside from the UK and US rate decisions, the latest UK inflation and retail data will be closely eyed as well in the absence of almost anything on the corporate diary
UK oilfield service providers hit by Schlumberger’s US fracking market warning
The North American fracking market has been under fire for a few months now, with oil prices plunging, pipelines maxed-out and exploration budgets exhausted
Gunsynd tumbles as investee acquisition falls through
A look at some of the biggest risers and fallers in London on Tuesday
Hunting warns that US offshore and international oil markets remain slow
The firm expects to see a seasonal slowdown in North American drilling during November and December due to public holidays, along with the potential exhaustion of its clients' drilling and completion budgets
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BP to kick off third-quarter results season for UK oil super-majors on Tuesday
Aside from the BP numbers, the Day Ahead will also bring a third-quarter update from blue-chip consumer products firm Reckitt Benckiser
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UK Budget, BoE, US jobs data to sandwich flood of corporate updates from likes of BP and Shell
Aside from the oil majors, the slew of blue-chip updates due in the coming week will include global banks HSBC and Standard Chartered, and drugs firms GlaxoSmithKlne and Shire
Oil services group Hunting downgraded by Barclays amid US slowdown
“Despite 30% upside potential to our increased £10/share price target, we downgrade to ‘equal weight’ to wait out the US slowdown and wait for more positive conditions”
Trinity Exploration & Production rises as it spuds first well in six-well programme
A look at some of the biggest risers and fallers in London on Thursday
Hunting jumps as it swings to profit in half year, boosted by US shale operations
The FTSE 250 supplier to the oil & gas industry reported a pre-tax profit from operations of US$38mln for the period, up from a US$25.5mln loss the same time last year
FTSE 100 journey in the red continues as it closes down around 47 points
In the currency markets, the pound is down 30% against the US dollar, while the pound is up 0.26% against the Euro..
Investments and investor services
WH Smith, Hunting and Hays to be in Thursday’s spotlight
Retailer WH Smith heads the highlights for Thursday's schedule.
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Week ahead: Restaurant Group, Hays, Petrofac, WH Smith, Hunting, Bunzl...
The week ahead will see interims from the Restaurant Group, Petrofac, Hunting and Bunzl along with full year results from Hays and a trading update from WH Smith
Hunting shares fall as it retains “cautious view" on rate of recovery in wider oil services market
However, in a half-year trading update, the FTSE 250-listed firm still said the group “currently remain comfortable with the market consensus for the 2018 full year outturn”
FTSE 100 joins other European benchmarks to go lower as trade fears continue to dent sentiment
FTSE 250 closed also lower - just shy of 160 points lower at 20,684, while FTSE small cap market shed around 25 points
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Greene King enjoying the summer sunshine
The oil sector dominates the corporate news agenda on Thursday but it is also difficult to get away from matters pertaining to the World Cup
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Costa Coffee demerger move hangs over Whitbread trading update
Aside from Whitbread, updates are also due in the week ahead from cruises operator Carnival, packaging firm Bunzl, struggling floorings retailer Carpetright, and pubs operator Greene King
UBS dampens down sentiment for Hunting, downgrading its rating on concerns over US bottle-necks
The Swiss bank cut its stance for the FTSE 250-listed firm to ‘neutral’ from ‘buy’ but upped its target to 850p from 800p, with the stock trading at 820.5p
Hunting shares up, expects full year results to be ‘within upper half of current market consensus’
In an AGM trading update, the FTSE 250-listed firm said that for the first three months of 2018 its underlying earnings (EBITDA) was approximately US$32.7mln
Investments and investor services
FTSE 100 closes firmly higher as metals prices, sterling help
FTSE 100 gained support from higher metals prices and a slide in sterling on Wednesday to close higher
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Bunzl expected to report solid organic sales growth
Updates are expected from Bunzl, Countryside Properties and Jupiter Fund Management, among others
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High street issues to the fore as Debenhams, JD Sports, and Primark owner AB Foods provide updates
Week Ahead includes trading statements from Primark owner Associated British Foods, Debenhams, and JD Sports, plus Q1 numbers from Unilever, Reckitt Benckiser and Rentokil Initial
Investments and investor services
Markets nervous ahead of Capita finals, is it ‘the next Carillion’?
Capita will be a focus on Thursday, others include Bovis House, Cobham, and National Express.
Morgan Stanley boosts Hunting with a double-upgrade in rating after a big hike in its target price
The US investment bank upped its stance on the FTSE 250-listed firm to ‘overweight’ from ‘underweight’ after increasing its target price to 860p from 450p
Hunting weathers the storm as it eyes a return to normal banking covenants
EBITDA for the full year is likely to be at the upper end of expectations
FTSE 100 holds on to gains despite late swoon
The FTSE 100 was its gains eroded as the Jackson Hole chinwag got under way
Premier Oil: Wytch Farm, Catcher start-up and game changing Mexico discovery – there’s plenty to look for in Thursday’s results
Premier Oil will be among the highlights on Thursday's City agenda
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Final trading week of August, but some big news still to come from Persimmon PLC, BHP Billiton PLC, and Antofagasta PLC
Week ahead includes first half results from Persimmon PLC, Antofagasta PLC, Cairn Energy PLC, Premier Oil PLC, WPP PLC; full year numbers from BHP Billiton PLC
Hunting promotes chief operating officer, Jim Johnson to chief executive role from September 1
The new CEO, who is a US citizen and will be based in Houston, Texas, was managing director of the oil services group's US operations between 2000 and 2011
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Tesco hoping to put Booker doubts to bed
Tesco is expected to underline recent progress and that legacy issues are being dealt with
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Week ahead: Recruiters to provide Brexit insight while Tesco delivers finals
Week ahead: Tesco, Pagegroup, Hays, JD Sports, WH Smith ...
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Tesco hoping to put Booker doubts to bed
Tesco is expected to underline recent progress and that legacy issues are being dealt with.
Hunting shares in demand as Barclays upgrades for unrecognised shale upside
Barclays Capital has moved its recommendation to ‘overweight’ based on the recovery in the US shale industry that is yet to be reflected in the stock price.
FTSE 100 ends higher before Fed rate decision
FTSE 100 shares ended higher on Wednesday, thanks to buoyancy in the pharma and mining sectors while a US rate card was considered in the bag, priced and sold on the market
FTSE shares end flat, give back record peaks, except Vesuvius
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
Investments and investor services
Can Cobham avoid a sixth profit warning when it releases full year results?
Cobham, Sportech, Travis Perkins, Capita and GoCompare are among the names on Thursday's list.
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Week ahead: ITV set to broadcast results as quantity set to rule over quality
Having seen the big drugs, oils, and banking sectors dominate over the past few weeks, investors will have less FTSE 100 results to digest in the coming week.
Prudential shares in demand; Metal Tiger and Falcon Oil & Gas strong gainers
Some of London's largest risers and fallers around 2.30pm included insurer Prudential, and small caps Metal Tiger and Falcon Oil & Gas ...
FTSE 100 shares sink as pound ascends on Trump disquiet
FTSE 100 stocks fell further below 7200 on Monday after sterling gained strength against the US dollar in the aftermath of President Donald Trump's inauguration speech
FTSE 250 chokes on the FTSE 100's dust in 2016
The FTSE 250 rose in 2016, but you would've been better off backing the FTSE 100 - or Leicester City.
Goldman Sachs says Petrofac is set for contract boost as Middle East investments will pick up in 2017
Goldman rates Petrofac as a ‘buy’ with a £10.65 price target, which implies some 20% upside to the current price of 884p per share.
Investments and investor services
FTSE 100 shares extend gains as Wall Street rallies
FTSE 100 shares extended gains in the second half of Tuesday to close comfortably up in tendem with record-breaking gains on Wall Street
UK top line shares dip on oil glut setbacks, but smaller stocks rise
Crude prices pared 5% gains as Russia and Saudi failed to act
Investments and investor services
Miners and oilers prop up FTSE 100 Index
The top flight index was four points adrift at just over 6890
PREVIEW: Will Dechra Pharmaceuticals live up to heightened expectations?
Dechra Pharmaceuticals, housebuilders Berkeley and Barratt, Halfords, Dixons Carphone, and JD Whetherspoon are on the agenda.
Premier Oil in favour with Liberum after ‘strong’ production update
Premier Oil, Hunting, Antofagasta, Daily Mail & General Trust, and Drax are in the broker spotlight on Monday.
Risers and Fallers: Kodal Minerals, Arian Silver, Coal of Africa ...
Major share price risers and fallers in London at 4pm
Risers & Fallers: Ferrum Crescent, Tern, Jubilee Platinum,Nostra Terra, Hunting, Avocet Mining
Both Nostra Terra and Avocet intend capital reorganisation to reduce the nominal value of their shares, paving the way for fund raisings
PREVIEW: Tesco to reveal financial results for 2015
Investors will want to know how Tesco’s performance stacks up against discounting rivals Lidl and Aldi, as well as main market competitors like Sainsbury, Asda and Morrisons.
Investments and investor services
Anglo American plc expected to struggle with asset sales
Anglo American, Randgold Resources, Amerisur Resources, Barclays, HSBC, and Hunting were all in the broker spotlight on Monday.
Thursday's agenda: Genel to update on Kurdistan operations after reserve cut
The Kurdistan-focused producer has already predicted a US$1bn impairment charge on its Taq Taq field
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There is light at the end of Lloyds Banking's tunnel
Other companies featured: Amec Foster Wheeler, Aviva, Aveva, Hunting and Petrofac
FTSE100 flat as miners rise but travel stocks weigh
The UK’s main index remained flat throughout the morning session and was just 2 points higher at lunch to 6,270.
Thursday's agenda: Top-line disappointment in store for Morrisons and Astra
Not much chance to catch your breath at 7.00am on Thursday, with a cavalcade of company updates scheduled.
Week ahead: Marks aims to emulate Next's success
Marks reports on Wednesday, while a host of other companies report alond with a slew of economic data.
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Hargreaves holds out hope of Lego-led Merlin revival
On a busy Thursday, Merlin, Rotork, Hunting and Pets at Home all feature in our comprehensive round-up of the brokers.
Investments and investor services
Risers & Fallers: Northgate, Crawshaw, IMImobile, Hunting, Babcock International and more...
Below are the main new-driven share price movements at 4pm.
Lamprell the pick of a mixed bunch in oilfield services
Oil prices are showing signs of recovery, which bodes well for the support services sector, but it will take some time for the tide to turn.
London shares rise as US and Chinese markets rebound
Chinese markets rose "as state-directed investors bought shares"
Thursday's agenda: Oil and the Fed to take centre stage
Oil service providers Amec Foster Wheeler, Lamprell and Hunting, are scheduled to update the market on Thursday.
Big oil faces long road to recovery, but investors should stay on board
Restoring profits will take time but firms are making progress, analysts say