India, July 9 -- Hunting PLC (HTG.L), a British service provider to the oil and gas industry, said on Wednesday that it expects a rise in EBITDA for the first half, helped by robust contribution from the OCTG product group.
Jim Johnson, Chief Executive of Hunting, said: "The first half of 2025 has seen strong trading for the Group. Hunting's robust cash generation and significant financial flexibility enables us to commence a share buyback and increase our targeted annual dividend distributions. We also continue to actively monitor further bolt-on M&A opportunities."
For the six-month period, the company expects its EBITDA of around $68 million to $70 million, up by around 16 percent from the same period last year.
In addition, the firm ...