Hunting Share Discussion Threads

[ohisay] 20/6/2025 06:02:22

Double Bottom Pattern
Buy signal triggered Jun 17, 2025.
Objective: 294.93.

From Investtech ..

[rougepierre] 16/6/2025 12:38:51

Thanks KK...(see EBSM)...hope you are now fighting fit!

[knocknock] 13/6/2025 06:30:46

Spike in OIL following Israel strike on Iran should make things a little interesting.

[harry_david] 09/6/2025 20:25:34

Gargoyle, thanks, I should have looked myself.

[gargoyle2] 09/6/2025 17:00:48

7 July according to the company website.

[harry_david] 09/6/2025 16:03:18

Trading statement due this week?

[hunter154] 08/6/2025 11:23:08

They need to win a few OCTG contracts. Havent had a material contract win RNS, in a while.

[heialex1] 08/6/2025 10:59:24

Pushed down due to negative sentiment in oil and gas market. Good opportunity to accumulate for the medium and long term and the underlying business looks to be in good shape. Accumulate here and wait for 400 in 1–2 years

[value hound] 08/6/2025 10:17:15

I wonder if they're worried about a bid around NAV?

[knocknock] 08/6/2025 10:10:31

Equiniti also increased a tad on Thursday that appears to have slipped by quietly.Reading over some news of the year gone by and mildly surprised at the share price down here again.

[knocknock] 08/6/2025 09:36:19

It's frustrating but an opportunity here and I think very much undervalued and out of favour sector.As will happen tide will turn and decent gains will be made here . When? Who knows but shouldn't be far off. Divi is pretty good to on those 250 purchases

[ohisay] 06/6/2025 09:07:32

Back in here after several years ..looks really mispriced under 250p.
Equity note extract (End April)..

Low P/E and EV/EBITDA multiples
At a 264p share price (and £/U$ 1.33), the company is currently trading on:
• Single-digit P/E multiples of 9.1x FY25E declining to 7.6x FY27E,
• Very low EV/EBITDA multiples of 3.3x FY25E declining to 2.4x FY27E and a
• Prospective dividend yield of 3.6% (covered more than 3x by EPS)
Discounts to peer group
As shown in the table below, compared to a selected group of listed oil services peers, Hunting is trading on a 20% P/E discount for the current year, though this narrows to 8% by FY27E given the earnings prospects referred to above. On an EV/EBITDA basis, the discount to peers is in excess of 40% for both years shown.

[knocknock] 09/5/2025 14:58:00

Strong moves here off the floor. Bodes well and about time to.

[knocknock] 09/5/2025 12:09:08

Bought more

[gswredland] 01/5/2025 11:34:59

Thanks for that Edmona
I think I remember reading that companies stop drilling when Brent crude drops below 60 as it is not economically viable and it just has!

[edmonda] 29/4/2025 09:52:35

Corrrect paleje , and backed up by a detailed 19 page note that covers the strong FY24 results, recent corporate actions, and positive Q1 update.

ED still expects growth in all 3 estimate years, yet HTG trades on discounts to peers, our DCF analysis and its last published NAV. Hence fair value seen at 347p/share.

New note freely available here:


2 mins video summary of note here:

[paleje] 29/4/2025 09:32:32

ED fair value 347p

[volsung] 16/4/2025 09:49:26

Used my DLAR gains to buy in here.
Looks ready to bounce on any good oil price news

[dope007] 16/4/2025 09:14:49

Decent statement but can't fight a dodgy mkt

[tonytyke2] 16/4/2025 07:45:14

All groups traded in line, minimal impact from tariffs and not seen any negative response to the lower oil price environment.

[knocknock] 15/4/2025 08:37:59

Well just took another 20,200 odd to add to my wild purchase at 300 and a more comfy purchase just under 250Dynamics here are pretty crazy and at some point they will turn in the longs favour. Or not may be the case.

[paleje] 13/4/2025 08:44:54

Sunday Times - Activist investor out to shake up oil engineer Hunting

Hedge fund Oasis Management has built a more than 5 per cent stake, and is calling for $145 million to be returned to investors or used for acquisitions

[silax] 10/4/2025 16:07:53

Feel like this is following the oil price at the moment

[sphere25] 10/4/2025 15:47:25

Yeah, it is tough to have a go right now. This is oversold and looks cheap, but you just don't know what the next headline on tariffs brings. The price has given up the gains and went negative too. There are more of these out there, moving like this - gradually weakening.

It shows a real lack of conviction and worry over how much of a macro to micro effect there is. If we were off to the races, the gains hold and we close near the highs. I'm in and having a go, like the last time I posted here, but as a short termer, it is abit of a wind up too if you have a go and then get stung on a headline.

TET and TTG have come out today mentioning the weakness from the tariffs so I'm taking a wait and see approach here and elsewhere. There is an update due on the 16th April. It might be better to see the updates first to see who is exposed and where. Alot of companies are now specifically mentioning tariffs.

Maybe a relief bounce next week if trading is okay?

Watching in.

All imo
DYOR