Hunting (#HTG) – H1 update, expects H2 improvement to FY bottom-line profitability
- 2022-06-30 07:26:37
Hello Share Followers. We all know big oil companies are on a roll. But a reasonable way to take a sideways punt on the sector is to look at outfits that supply the oil trade. A company that might be worth keeping an eye on is Hunting (HTG). This firm makes and supplies engineering gear for the industry.
I have had a bit of a soft spot for the oil services company, Hunting plc (HTG), since 2009 when I bought it around 350p, which proved to be its post GFC low having collapsed from around 900p. By 2012 it had returned there. I have dipped my toe at around 185p having read the interims to June 30th and hope to repeat the trick...