Strong Free Cash FlowHunting produced substantial free cash flow in 2024 (£160.1m) despite a net loss, showing durable operational cash generation. Persistent FCF enhances liquidity and funds capex, buybacks and working capital needs, supporting financial flexibility across energy cycles.
Conservative Balance SheetLow leverage (debt-to-equity ~0.15) gives Hunting a strong cushion versus peers in a cyclical industry. Conservative financing reduces refinancing risk, preserves capacity for shareholder returns or strategic investment, and strengthens resilience through downcycles.
Product Portfolio & International WinsA Brazil contract for Organic Oil Recovery expands Hunting's subsea presence and validates specialized product capabilities. Broad product lines and international contract wins increase addressable market, deepen customer relationships, and support higher-value aftermarket revenue over time.