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Hunting PLC (LSE:HNG) has kicked off 2025 with a strong first-quarter performance, reporting an estimated EBITDA of $38.7 million, marking an improvement over the same period last year. The company continues to realign its operations with long-term strategic goals, highlighted by its acquisition of Organic Oil Recovery technology and the divestment of non-core assets—key steps in advancing its Vision 2030 plan.
Although there was a net cash outflow during the quarter—driven by working capital investments and share repurchases—Hunting maintains a healthy balance sheet. The company remains focused on growth within its subsea technologies and intelligent well completion segments. Management has also stated that the potential impact of recent U.S. trade tariffs is expected to be minimal. Meanwhile, a strong sales order book provides a solid foundation for future revenue generation, even as the company keeps a close eye on commodity price volatility.
Market Outlook and Investment Perspective
Hunting’s stock performance presents a mixed picture. While revenue is on an upward trajectory, profitability remains a challenge, contributing to a modest overall stock rating. Technical analysis points to a bearish trend, though recent corporate milestones—including major contract wins and insider share purchases—offer encouraging signs for long-term investors. Despite a negative P/E ratio, the company’s dividend yield and strategic initiatives add to its investment appeal.
About Hunting PLC
Founded in 1874, Hunting PLC is a global leader in precision engineering, supplying specialized equipment and services to the energy industry. The company operates across the UK, US, China, and Saudi Arabia and reports its financials in U.S. dollars. Its operations span five key segments, with product offerings including Oil Country Tubular Goods (OCTG), Perforating Systems, Subsea technologies, Advanced Manufacturing, and Other Manufacturing services.
Key Metrics:
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Year-to-Date Share Price Change: -8.19%
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Average Daily Trading Volume: 556,748
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Technical Sentiment Rating: Buy
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Market Capitalization: £414.1 million
