RBC Capital Resumes Hunting Plc. at Outperform
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Hunting PLC is engaged in the manufacture, trade and rental of upstream equipment for the wellbore. It manufactures downhole metal tools and components required to extract hydrocarbons across the well construction, completion, and intervention stages of the well's lifecycle. Its segments include Hunting Titan, North America, Europe, Middle East and Africa (EMEA), and Asia Pacific. Hunting Titan segment manufactures and distributes perforating products and accessories. Its products include shaped charge technologies and well completion instrumentation. North America segment supplies oil country tubular goods (OCTG), connections, subsea equipment, intervention tools, electronics and complex deep hole drilling and precision machining services for the United States and overseas markets. EMEA segment has operations in the United Kingdom, the Netherlands, Norway, Saudi Arabia, and the United Arab Emirates. Asia Pacific segment manufactures connections, accessories and OCTG supply.
|Average||4.22 (-98.40% Downside)|
|No. of Analysts||8|