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An announcement from Hunting ( (GB:HTG) ) is now available.
Hunting PLC has secured $63.5 million in orders for its titanium stress joint product line to support a new offshore development in Guyana, with delivery running to May 2028 and revenue recognition beginning in the second half of 2026. The award, executed by its Subsea Spring business, follows $4.4 million of related orders won since December 2025, underscoring growing demand for its solutions on Floating Production, Storage and Offloading vessels.
The Guyana contracts highlight Hunting’s strategy to broaden its offering for FPSO-based offshore projects and capture a larger share of global subsea spending. Management noted that the latest orders will support the company’s subsea revenue and EBITDA outlook through 2028, reinforcing its positioning as a key supplier to integrated oil and gas companies and service providers throughout the life cycle of offshore wells.
The most recent analyst rating on (GB:HTG) stock is a Buy with a £580.00 price target. To see the full list of analyst forecasts on Hunting stock, see the GB:HTG Stock Forecast page.
Spark’s Take on HTG Stock
According to Spark, TipRanks’ AI Analyst, HTG is a Outperform.
The score is driven mainly by improved operating performance and strong balance-sheet resilience, reinforced by positive FY26 guidance, a sizeable tender pipeline, and ongoing buybacks/dividend growth plans. Offsetting this are cash-flow volatility (notably the 2025 free-cash-flow decline), order-book visibility near-term, and only moderate valuation support for a cyclical business.
To see Spark’s full report on HTG stock, click here.
More about Hunting
Hunting PLC is a global precision engineering group that supplies precision-manufactured equipment and premium services to the energy industry. Listed on the London Stock Exchange and headquartered in London with a corporate office in Houston, it operates across North America, EMEA, Asia Pacific, and other key regions, reporting through five operating and product-focused segments.
Average Trading Volume: 638,874
Technical Sentiment Signal: Buy
Current Market Cap: £717.6M
For detailed information about HTG stock, go to TipRanks’ Stock Analysis page.