Hunting: Oil and gas services firm’s profit more than doubles Energy Oil and gas equipment provider Hunting has reported a more than doubling in profit for the first half of 2024 as its order book hit a record level.
Hunting rides wave of energy firms’ oil and gas demand Hunting Oil well manufacturer Hunting traded ahead of expectations in the first half of 2023, its management has said, thanks to especially strong performance in its oil country tubular goods and its subsea and advanced manufacturing segments.
New record for Hunting after £70m order from Kuwait Oil Company Energy Oil and gas engineering group Hunting has received an order from Kuwait Oil Company valued at $86m (£67.5m).
Hunting books revenue growth as demand for oil and gas remains robust February 29, 2024 The firm's EBITDA soared by 98 per cent on the year prior
Hunting shares surge despite earnings slip February 27, 2020 Engineering group Hunting saw its shares jump almost 14 per cent to 331p by the close of trading in London this evening after it gave a “cautiously optimistic” lookahead for the year. The company, which makes equipment for the oil and fracking industry, credits its success with a strong balance sheet containing $40m (£31m) in [...]
Activist investors turn their backs on troubled retailers April 15, 2019 While activist investors are known for their interest in underperforming businesses, there is one sector in the UK so troubled that even opportunistic shareholders are now turning their backs: high street retailers. Such are the difficulties facing Britain’s bricks-and-mortar retail giants that many have become "too distressed to attract activist interest", according to a new [...]
Facebook and the tech giants are welcoming government regulation – that’s a panic signal for all of us April 9, 2019 Last year, I met someone who had previously worked for a big tech firm in its “free speech” unit. What had happened to make him come and slum it among us mortals in the (badly paid) policy world? Answer: the unit had been shut down. It’s in this context that you should see the milquetoast [...]
‘We want a ladder to climb down’; MPs who voted down May’s deal are getting nervous February 13, 2019 Politicians arriving for work in Parliament these days are confronted with a less than perfect view of the Palace of Westminster. The iconic Elizabeth Tower, home of Big Ben, is sheathed in scaffolding as renovation work is carried out. Workers scurry up and down ladders, being careful not to get themselves trapped in positions from [...]
Productivity lessons from the procrastinator Prime Minister December 17, 2018 Can we assume, given that you’re reading this section of the paper, that you are currently delaying doing something you really ought to be focusing on? I don’t mean to lecture you. I myself currently have an Oliver Spencer tab or two open on my browser. I spent most of last Wednesday Googling the viability [...]
Brexit may shake up the jobs market, so get your CV in shape now December 6, 2018 We are less than four months away from when the UK is officially meant to leave the EU, but there’s still confusion and much negotiation to be done before we find out exactly what impact Brexit will have on the City. Jobs are already crossing the Channel – JP Morgan, Goldman Sachs, Lloyds and more [...]