Hunting (HTG)

Sector:

Fossil Fuels Production & Distribution

Index:

FTSE Small Cap

250.50p
   
  • Change Today:
    -9.00p
  • 52 Week High: 459.00
  • 52 Week Low: 246.50
  • Currency: UK Pounds
  • Shares Issued: 164.94m
  • Volume: 1,574,030
  • Market Cap: £413.17m
  • RiskGrade: 258
  • Beta: 0.02

Hunting offloads Rival Downhole Tools in $13.1m deal

By Josh White

Date: Monday 03 Mar 2025

LONDON (ShareCast) - (Sharecast News) - Hunting announced on Monday that it has completed the sale of its 23% equity stake in Rival Downhole Tools to a third party, for $13.1m.
The FTSE 250 company said that, following working capital adjustments, it would receive $12m in cash.

As part of the agreement, $1.1m would be placed in escrow until outstanding matters were resolved, in a process expected to be completed within 12 months.

"In line with the Hunting 2030 Strategy, we are committed to focusing on and strengthening our core businesses," said chief executive officer Jim Johnson.

"With the proceeds from the sale of Rival, Hunting has additional funds to pursue strategic acquisitions, with management continuing to review accretive opportunities."

At 0957 GMT, shares in Hunting were up 6.45% at 330p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hunting Market Data

Currency UK Pounds
Share Price 250.50p
Change Today -9.00p
% Change -3.47 %
52 Week High 459.00
52 Week Low 246.50
Volume 1,574,030
Shares Issued 164.94m
Market Cap £413.17m
Beta 0.02
RiskGrade 258

Hunting Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.48% above the market average70.48% above the market average70.48% above the market average70.48% above the market average70.48% above the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Price Trend
39.12% below the market average39.12% below the market average39.12% below the market average39.12% below the market average39.12% below the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Income
49.11% above the market average49.11% above the market average49.11% above the market average49.11% above the market average49.11% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
80.05% above the market average80.05% above the market average80.05% above the market average80.05% above the market average80.05% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hunting Dividends

  Latest Previous
  Final Interim
Ex-Div 10-Apr-25 03-Oct-24
Paid 09-May-25 25-Oct-24
Amount 6.00¢ 5.50¢

Trades for 04-Jun-2025

Time Volume / Share Price
12:37 470,000 @ 258.00p
15:52 10 @ 253.00p
16:35 2,035 @ 250.50p
16:35 206 @ 250.50p
16:35 72,693 @ 250.50p

Hunting Key Personnel

CEO Arthur James Johnson

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