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Hunting
(LSE:HTG)
Hunting (HTG) vs. S&P 500 (SPY)
Hunting Business Overview & Revenue Model
Hunting Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 945.10M | 929.10M | 725.80M | 521.60M | 626.00M | 960.00M | Gross Profit |
| 248.70M | 227.70M | 171.40M | 99.40M | 124.80M | 266.40M | EBIT |
| 74.90M | 61.00M | 11.90M | -46.10M | -41.70M | 59.50M | EBITDA |
| 101.80M | 96.90M | 40.40M | -39.10M | -160.70M | 122.00M | Net Income Common Stockholders |
| 127.30M | 117.10M | -4.60M | -85.80M | -234.70M | 39.70M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 45.50M | 45.50M | 29.40M | 115.20M | 102.90M | 129.10M | Total Assets |
| 1.22B | 1.22B | 1.05B | 1.01B | 1.11B | 1.42B | Total Debt |
| 78.90M | 78.90M | 39.40M | 36.70M | 45.40M | 50.70M | Net Debt |
| 33.40M | 33.40M | 10.00M | -71.70M | -57.50M | -77.90M | Total Liabilities |
| 265.20M | 265.20M | 203.10M | 140.30M | 136.90M | 193.30M | Stockholders Equity |
| 953.80M | 953.80M | 844.60M | 869.90M | 964.40M | 1.21B |
| Cash Flow | Free Cash Flow | ||||
| 85.10M | 15.30M | -52.70M | 22.90M | 39.30M | 106.80M | Operating Cash Flow |
| 107.80M | 49.30M | -36.80M | 28.60M | 51.00M | 137.20M | Investing Cash Flow |
| -27.70M | -32.40M | -10.50M | 13.60M | -44.90M | -45.30M | Financing Cash Flow |
| -45.10M | 0.00 | -28.30M | -35.80M | -34.90M | -33.40M |
Hunting Technical Analysis
Hunting Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | £6.20B | 19.87 | 17.83% | 1.66% | -4.95% | 36.95% | |
66 Neutral | £217.63M | 3.06 | 18.48% | ― | -21.23% | ― | |
64 Neutral | £199.85M | 4.36 | ― | -11.70% | ― | ||
56 Neutral | $7.19B | 3.84 | -4.29% | 5.74% | 0.33% | -52.26% | |
56 Neutral | £422.77M | 4.81 | -2.91% | 3.25% | 9.74% | -123.08% |
Hunting Corporate Events
Hunting PLC has announced the foreign exchange conversion rate for the final dividend payment for the year ended 31 December 2024, which will be paid to shareholders on 9 May 2025. The final dividend of 6.0 cents per share has been converted at an average exchange rate of US$1.3324 to £1, resulting in a payment of 4.5032 pence per Ordinary share. This announcement reflects the company’s commitment to providing value to its shareholders and maintaining transparency in its financial operations.
Spark’s Take on GB:HTG Stock
According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.
Hunting PLC’s stock score of 56 reflects a mixed financial performance, characterized by strong revenue growth but profitability challenges. Technical indicators show bearish trends, and valuation is hindered by a negative P/E ratio, though the dividend yield provides some appeal. Positive corporate events, such as strategic acquisitions and contract wins, offer optimism for future performance.
To see Spark’s full report on GB:HTG stock, click here.
Hunting PLC announced the results of its Annual General Meeting held on April 16, 2025, where all resolutions, including ordinary and special resolutions, were passed by the required majority. The resolutions covered various aspects such as the approval of the 2024 Annual Report, re-election of directors, and authorization of share allotments and market purchases. The voting process was conducted by poll, with a total of 72.65% of the issued share capital participating. These results reinforce the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder confidence.
Spark’s Take on GB:HTG Stock
According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.
Hunting PLC’s overall stock score of 56 reflects a mixed financial performance with strong revenue growth but profitability challenges. Technical analysis indicates bearish trends, while valuation is complicated by a negative P/E ratio despite a reasonable dividend yield. Positive corporate events, including significant contract wins and executive share purchases, provide some optimism for future performance.
To see Spark’s full report on GB:HTG stock, click here.
Hunting PLC reported a strong Q1 2025 performance with an EBITDA of approximately $38.7 million, reflecting a growth from the previous year. The company has made strategic moves by acquiring Organic Oil Recovery technology and disposing of non-core interests, aligning with its 2030 strategy. Despite a net cash outflow due to investments in working capital and share purchases, Hunting maintains a solid balance sheet and continues to focus on subsea and intelligent well completion businesses. The potential impact of US trade tariffs is deemed minimal, and the company remains vigilant about commodity price fluctuations, with a robust sales order book supporting future revenue targets.
Spark’s Take on GB:HTG Stock
According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.
Hunting PLC’s overall stock score of 56 reflects a mixed financial performance with strong revenue growth but profitability challenges. Technical analysis indicates bearish trends, while valuation is complicated by a negative P/E ratio despite a reasonable dividend yield. Positive corporate events, including significant contract wins and executive share purchases, provide some optimism for future performance.
To see Spark’s full report on GB:HTG stock, click here.
Hunting PLC announced the granting of share awards under the 2024 Hunting Performance Share Plan to its executive directors and committee members. The awards, which include both performance-based and time-based shares, are set to vest on the third anniversary of the grant date. This move is part of the company’s strategy to align executive incentives with performance targets, potentially impacting its operational efficiency and market positioning.
Spark’s Take on GB:HTG Stock
According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.
Hunting PLC’s overall stock score of 56 reflects a mixed financial performance with strong revenue growth but profitability challenges. Technical analysis indicates bearish trends, while valuation is complicated by a negative P/E ratio despite a reasonable dividend yield. Positive corporate events, including significant contract wins and executive share purchases, provide some optimism for future performance.
To see Spark’s full report on GB:HTG stock, click here.
Hunting PLC has announced a significant change in its shareholder structure, with Oasis Management Company Ltd. acquiring a notable percentage of voting rights. This acquisition, which crosses a key threshold, may influence the company’s strategic decisions and impact its market positioning, reflecting potential shifts in stakeholder dynamics.
Spark’s Take on GB:HTG Stock
According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.
Hunting PLC’s overall stock score of 56 reflects a mixed financial performance with strong revenue growth but profitability challenges. Technical analysis indicates bearish trends, while valuation is complicated by a negative P/E ratio despite a reasonable dividend yield. Positive corporate events, including significant contract wins and executive share purchases, provide some optimism for future performance.
To see Spark’s full report on GB:HTG stock, click here.
Hunting PLC announced that Ben Willey, a member of its executive committee, purchased 8,688 ordinary shares of the company, increasing his total holding to 87,198 shares, which represents 0.05% of the company’s share capital. This transaction reflects a personal investment by a senior executive, potentially signaling confidence in the company’s future performance and stability, which could have positive implications for stakeholders and market perception.
Hunting PLC announced new contract wins totaling $38 million for its Subsea Technologies division. The contracts include $23 million for decommissioning projects in the North Sea and a $15 million order for titanium stress joints in the Gulf of Mexico. These wins increase the division’s sales order book from $72.5 million to $85 million as of March 31, 2025. The new contracts highlight Hunting’s ability to provide comprehensive subsea solutions throughout the lifecycle of oil and gas fields, strengthening its market position in deepwater regions.
Hunting PLC has released its full year results for 2024 and announced the availability of its Annual Report and Accounts, along with the Notice of Annual General Meeting (AGM) scheduled for April 16, 2025. The AGM will be held at the Royal Automobile Club in London and will include a presentation by the Chief Executive. Shareholders can access the meeting online and are encouraged to submit questions in advance. This announcement underscores Hunting’s commitment to transparency and engagement with its stakeholders, potentially impacting its market positioning positively.
Hunting PLC has announced a restructuring of its EMEA operating segment, initially revealed in January 2025. The restructuring involves closing the Netherlands OCTG site, consolidating manufacturing activities in the UK and Dubai, and reducing headcount in the EMEA segment. These actions aim to achieve annual cost savings of approximately $10 million and restore profitability by Q1 2026, with further details to be provided in the upcoming Q1 2025 Trading Update.
Hunting PLC, a company involved in the energy sector, announced that Daniel Tan, an executive committee member, has purchased 218,565 ordinary shares of the company at a price of 295.5 pence per share. This acquisition increases Tan’s total holding to 385,720 shares, representing 0.23% of the company’s share capital, potentially signaling confidence in the company’s future prospects.
Hunting PLC announced that under its Directors’ Remuneration Policy and Annual Performance-Linked Bonus Plan, 25% of the post-tax value of the 2024 annual bonus for Executive Directors has been delivered in shares. Jim Johnson received 48,172 shares and Bruce Ferguson received 15,083 shares, which are to be retained for a minimum of two years. This move reflects the company’s commitment to aligning executive compensation with shareholder interests, potentially impacting stakeholder confidence and company operations by reinforcing executive investment in the company’s future.
Hunting PLC announced the partial vesting and exercise of nil cost share awards under the Hunting Performance Share Plan for executive directors and members of the Hunting Executive Committee. The transactions involved the sale of shares to cover tax liabilities at an average price of 295.5 pence. This move reflects the company’s ongoing commitment to aligning executive compensation with performance metrics, potentially impacting shareholder value and market perception.
Hunting PLC has announced a change in its major holdings, with Equiniti Trust (Jersey) Limited, acting as a trustee for the Hunting PLC Employee Benefit Trust, adjusting its voting rights in the company. The notification indicates a decrease in voting rights from 4.106579% to 3.626582%, reflecting a shift in the company’s shareholder structure. This adjustment may influence the company’s governance and decision-making processes, potentially impacting its strategic direction and stakeholder interests.
Hunting PLC reported significant revenue and profit growth for the year ended December 2024, driven by international and offshore markets. The company achieved a 13% increase in revenue to $1,048.9 million and a 23% rise in EBITDA to $126.3 million. Despite a statutory loss before tax due to a non-cash impairment, Hunting is progressing with its strategic objectives, securing major contracts and expanding its manufacturing capabilities. The company is also focusing on energy transition projects and restructuring efforts to enhance long-term profitability.
Hunting PLC announced a change in major holdings as BlackRock, Inc. has adjusted its voting rights in the company to below 5%, both directly and through financial instruments. This shift in holdings could impact Hunting’s shareholder dynamics and influence its strategic decisions, as BlackRock’s previous position was above the 5% threshold, indicating a significant stake in the company.
Hunting PLC has appointed Catherine Krajicek as a new independent, non-executive director, effective immediately. With extensive experience in the oil and gas industry, Krajicek’s appointment is expected to bring valuable customer insights and perspectives as the industry undergoes transformation. Her role will be crucial in guiding Hunting’s strategic direction, particularly in technology and innovation, to adapt to changing market demands.
Hunting PLC announced the sale of its 23% equity investment in Rival Downhole Tools L.C. for $13.1 million, receiving $12.0 million in cash post adjustments. This move aligns with Hunting’s 2030 Strategy to focus on core businesses and provides additional funds for strategic acquisitions, potentially impacting its market positioning and growth opportunities.
Hunting PLC has completed the sale of its 23% equity stake in Rival Downhole Tools L.C. for $13.1 million, receiving $12.0 million in cash after adjustments. This sale aligns with Hunting’s 2030 Strategy to focus on core businesses and provides additional funds for strategic acquisitions, potentially enhancing its market position.
Hunting PLC announced an investor presentation to discuss its FY2024 results, scheduled for March 6, 2025. The event is aimed at existing and potential shareholders, reflecting Hunting’s strategy to expand in the oil and gas industry and energy transition sectors, and indicates a focus on strengthening its market presence and stakeholder engagement.