Hunting Share Discussion Threads

[dope007] 29/2/2024 12:43

Just sold a small amount as it has become to large a % in my ISA. Onwards and upwards for the rest as this is a great stock

[dope007] 29/2/2024 12:38

Nice rise and clearly not a lot of stock around as it is having to jump to attract sellers

[dope007] 29/2/2024 07:52

I have full confidence as the oil mkt is growing despite the climate lobby. And their non oil business is growing rapidly as their products and expertise can definitely cross into other areas

[edmonda] 29/2/2024 07:21

yes - strong FY23 results from Hunting plc with revs up 28% to $929.1m, GM at 25% (from 24%), EBITDA +98% to $103m, Total divs of 10c (9c).

Encouragingly, the order book rose 19% to $565.2m which the CEO says ‘provides confidence in our near and longer-term outlook’

[dope007] 29/2/2024 07:19

Great results

[robertball] 27/2/2024 19:24

Results Thursday?

[dope007] 27/2/2024 11:53

Should help

hxxps://www.rigzone.com/news/wire/bp_moving_toward_bigger_og_investment_in_policy_shift_investors-27-feb-2024-175877-article/

[dope007] 26/2/2024 12:40

Hopefully consolidating nicely

[valuehurts] 26/2/2024 09:18

Attacking resistance again here. Big move to coincide with earnings, up or down in the short term who knows.

[paleje] 23/2/2024 13:17

There was an RNS to say taking on a joint broker, so perhaps they have something in mind.

[charlotte2020] 22/2/2024 21:23

Seller cleared

[robertball] 22/2/2024 17:18

Results next week

[robertball] 22/2/2024 12:19

Contract win??

[valuehurts] 19/2/2024 20:07

It's squeezing up on support now. higher lows moving up. Just a waiting game for the big breakout

[tole] 19/2/2024 20:04

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.

[aishah] 08/2/2024 09:30

Unable to hold on to any sustained upward move. Frustrating

[dope007] 06/2/2024 21:52

https://oilprice.com/Latest-Energy-News/World-News/Oil-Market-Needs-14-Trillion-OPEC-Secretary-General.html

[dope007] 31/1/2024 16:34

More drilling = More business

[robertball] 28/1/2024 18:39

No. Know your shareholders

[masterfly7] 28/1/2024 16:59

IC article on Hunting from 25.01.24 🚀

The valuation is good for entry as well: Hunting's price/earnings ratio has halved in the past year, to under 10 times. This is a result of weaker shares and earnings forecasts climbing in the same period. Time to make the most of this discrepancy.

[masterfly7] 28/1/2024 16:57

IC article on Hunting from 25.01.24 🚀

[pyemckay] 27/1/2024 20:44

i would think its a takeover target given how cheap it is.

[muffster] 27/1/2024 11:49

A standard 8 times Ebitda put this on a market cap of nearly a Billion, currently 500 millionAny thoughts?

[muffster] 27/1/2024 11:47

Anyone done a best guess of value here?Simply Wall Street has it valued on a DCF of just over £10.The current PE is registered as 42, but forecast to drop to 13 in a year.