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HTG Hunting Plc

359.00
5.00 (1.41%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hunting Plc LSE:HTG London Ordinary Share GB0004478896 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  5.00 1.41% 359.00 185,401 16:35:12
Bid Price Offer Price High Price Low Price Open Price
360.00 360.50 361.00 349.00 351.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil & Gas Field Services,nec USD 725.8M USD -4.6M USD -0.0289 -124.74 573.2M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:38:39 AT 191 359.00 GBX

Hunting (HTG) Latest News (4)

Hunting (HTG) Discussions and Chat

Hunting Forums and Chat

Date Time Title Posts
17/4/202409:43HTG1,261
22/8/201610:23Hunting Gibson: Undervalued Oil Service Play?1,122
22/7/201416:20Malcolm Graham-Wood , Oil Analysis, bullish on Hunting PLC (HTG)-
26/8/200515:39Hunting Plc1
27/8/200308:41Hunting - profit warning yet directors have been busy buying47

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Hunting (HTG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:38:39359.00191685.69AT
15:35:12359.0069,429249,250.11UT
15:29:39360.5031111.76AT
15:29:35360.00201723.60AT
15:29:35360.004781,720.80AT

Hunting (HTG) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Hunting Daily Update
Hunting Plc is listed in the Oil & Gas Field Services,nec sector of the London Stock Exchange with ticker HTG. The last closing price for Hunting was 354p.
Hunting currently has 159,000,000 shares in issue. The market capitalisation of Hunting is £573,195,000.
Hunting has a price to earnings ratio (PE ratio) of -124.74.
This morning HTG shares opened at 351p
Posted at 17/4/2024 08:14 by masterfly7
Ahead of management expectations and the share price is down 4% - that’s LSE!

‘Positive start to the year, with EBITDA of c.$28.9 million during Q1 2024 (Q1 2023 - c.$22.4 million), marginally ahead of management's expectations.’
Posted at 17/4/2024 07:36 by edmonda
"On track to deliver further progress in FY24" - new research report here:

Commentary and financial metrics in Hunting’s AGM/Q1 update confirm that the company has progressed in line with its FY24 targets thus far in year-to-date trading. Q124 EBITDA was well ahead year-on-year. This represents a good step towards the flagged US$125m-135m range for the year, with ongoing momentum in the strongest market segments.

Group revenue has continued to grow well, being up c.16% year-on-year in Q1 and c.7% ahead compared to Q423, a strong quarterly close to FY23. Shipments against previously disclosed large contracts in the OCTG and Subsea product groups and broad business development in Advanced Manufacturing have been the primary drivers in generally firm underlying markets.

While the group order book has nudged c. US$21m lower than the year end position as larger orders are worked through, US$544m on hand at the end of March still represents a strong position in a historic context. We are also aligned with management expectations for inventory positions unwinding over the remainder of the year.

Updating our P/E and DCF methodology for market movements (including £/US$1.25) now yields a blended fair value for Hunting of 436p / share: up from 407p and over 20% above the current share price.
Posted at 13/4/2024 19:51 by valuehurts
Shout out by Roland from stockopedia at around 10 mins. Seems he has a position with us. Notes the potential for good growth at a reasonable price but not a hold forever stock. https://www.youtube.com/live/HnAnm-SZEWc?si=SVBJrwxZV1rw5X1A
Posted at 06/3/2024 16:55 by stevieweebie2
shocking.
HTG and Nat Gas make good bedfellows.
Posted at 19/2/2024 20:04 by tole
https://masterinvestor.co.uk/equities/aston-martin-gulf-marine-and-hunting/Hunting (LON:HTG) – I See The Shares Touching 360p In 2024Another one of my favourite companies will be announcing its Final Results at the end of this month.On Thursday 29th February, the oil, gas and energy sector tools and equipment supplier is expected to put out some very good end 2023 figures.In early January the near £500m capitalised group gave a positive guidance to the market on its last year and its current year outlook.Analyst Daniel Slater at Zeus Capital now looks for revenues last year of $926.31m ($725.8m), with adjusted pre-tax profits rising impressively from $10.2m to $56.7m, lifting earnings to 25.9c (5.8c) and covering a dividend of 11.0c (9.0c) per share.For the current year he has $1.11bn revenues, $85.0m profits, 38.9c earnings and a 13.0c dividend.Slater has an estimated 390p per share valuation out on the group's shares, which closed on Friday night at 303.50p, upon the end-February announcement I would expect the analyst to upgrade his estimates for the next couple of years.In all the time that I have been following the company, I have never lost faith in the ability of its Management to cope with the global pressures within its operating sectors.I consider that the group's shares are very capable of further price climbing and suggest that they are a very Strong Hold, I still see at least 360p in due course.
Posted at 08/11/2023 08:33 by edmonda
With both positive trading momentum and order book development, Hunting plc has outlined a clear growth strategy to the end of this decade – not yet reflected in its share price in the opinion of Equity Development.

Coverage initiated with current Fair Value seen at 421p/share, and you can see the full detailed research / listen to a summary here (free access)
Posted at 24/8/2023 10:20 by redwing1
So for those of you who appear incapable of seeing both sides of a story, let's just examine why the share price has fallen today:
1. Earnings were upgraded in early July leading to a 20%+ bounce in the share price in a falling market. Expectations for today were HIGH.
2. Net cash has gone from +$85m to debt of $51m in a year. Yes, the company expects that to reverse to net cash by year end but that is still on trust.
3. Today's other announcement was a closure of facilities and sale of E&P assets. No figures given, but we all know that this means write-downs (again!).

I hold Hunting and still believe that the medium term prospects are encouraging. However, you can see from above that markets are not quite as 'idiotic' as some suggest. Today's share price move simply reflects a small tempering of expectations from a company that has produced very erratic numbers in the past.
Posted at 24/8/2023 09:46 by hunter154
No real volume, so agree that the summer doldrums to blame.
The only negative was that the net cash became net debt debt, but it was explained in the release. WC increased to fund current, higher activity which will reverse out by EOY.
THE Share Price jumped when they had an update after the closed and now on the filing of the interim, with the same numbers it drops.
It seems that good news is bad news in the current market.
Anyway, today’s analyst presentation might help.

The big Hunting 2030 presentation in September should be good.

This is a business that is growing, streamlining and finding new markets and uses for its technology. Longer term, the Share Price will reflect it. A growth company with sub 10 PE re FY24. Ridiculous.
Posted at 11/7/2023 11:50 by limor
A good write up this morning by Questor on Hunting Group
Taking a shot on this specialist supplier could reap rewards amid robust global demand for oil
Questor share tip: With an order book up 15pc since the end of the year Hunting's shares seem under-priced at the moment

By
Russ Mould
11 July 2023 • 6:00am
It is reassuring to see oil services and equipment specialist Hunting come up with a one-fifth gain in its shares after last week’s trading update.

A second profit forecast upgrade in quick succession, following that of late May, suggests the oil equipment and services market is not as torpid as many believe. The shares largely ignored May’s statement, amid an ongoing slide in oil prices and global rig activity, but they have paid attention this time.

According to Jim Johnson, the chief executive, the order book is up 15pc since the end of the year to around $540m (£421m), thanks to increased activity in Latin America, the Middle East and Asia.


Whether we like it or not, the globe still consumes roughly 100m barrels of oil a day and US shale has provided about nine tenths of global production growth over the past decade.

The Biden administration does not seem keen on encouraging more fracking (even if it also wants to have its cake and eat it by calling for Saudi Arabia to pump more crude to put a lid on oil prices) so activity elsewhere, or at least offshore, may have to take up the slack while the globe manages its transition toward more renewable and less carbon-intensive sources of energy.

The 40pc share price swoon since February meant Hunting was among the worst-performing 10pc of the FTSE All-Share ahead of the trading update.

Painful as that slide was, we still had a book profit as our entry point had been so low. That hopefully helps to justify our value-driven approach and even after last Thursday’s romp the shares look cheap.

Hunting share price

Line chart with 266 data points.
View as data table, Hunting share price
The chart has 1 X axis displaying Time. Data ranges from 2022-06-20 00:00:00 to 2023-07-10 00:00:00.
The chart has 1 Y axis displaying p. Data ranges from 187.6 to 351.5.
End of interactive chart.
The £386m market cap represents a hefty discount to the stated book, or net asset, value of £665m (or £545m if goodwill is excluded), while the absence of any substantial debt should also help to protect the downside.

It also means there is no time pressure on the company to reel in the orders that should continue to underpin analysts’ expectations of a return to profit in 2023 and further advances in 2024 and 2025.

A forward price-earnings ratio of 17 times may not look compelling but this is a company where earnings per share (EPS) exceeded 40p in 2012, 2013 and 2018.

If they ever get there again then the shares are just screamingly cheap, and they still look interesting at even half that level.

Questor says: buy

Ticker: HTG

Share price at close: 250p
ted access to our website and exclusive
Posted at 13/2/2021 09:08 by flyfisher
Henry hub natural gas price is up 40% since jan 1st.

Wti oil price is up 22% over the same period.

Resulting in a 20% increase in the north american rig count since jan 1st.

Yet HTG share price is the same as jan 1st.

We seem to be behind events.
Hunting share price data is direct from the London Stock Exchange

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