Hunting PLC delivered a positive investor update highlighting resilient company performance, strong financial results, and a clear growth strategy across its global oilfield services and advanced manufacturing portfolio. The group, which generates more than 90% of revenue from oilfield services, reported EBITDA of $135.7 million, up 7% year-on-year, with margins improving to 13% as the company progresses toward its 15% medium-term target. Revenue remained stable despite a challenging market backdrop, while profit growth drove a 9% increase in EPS and a 13% rise in the dividend. Key drivers included robust performance in Oil Country Tubular Goods (OCTG) and subsea technologies, supported by proprietary connections, high-specification manufacturing capabilities, and a diversified blue-chip customer base across major energy producers and service companies. Strategic acquisitions, including Flexible Engineered Solutions and the Organic Oil Recovery product line, strengthened Hunting’s subsea offering and expanded opportunities in offshore developments such as FPSOs, with significant tender potential across Brazil, Guyana, and the Gulf of Mexico. The company also highlighted strong order activity, with $358 million in bookings and a pipeline exceeding $1 billion in OCTG tenders. Operational efficiencies and lean manufacturing initiatives continue to drive cost improvements, with a further $15 million in savings targeted over two years. Hunting maintained a strong balance sheet with $63 million in cash while returning capital through dividends and share buybacks, including a new $40 million programme. Looking ahead, management expects EBITDA of $145–$155 million and margin expansion supported by international growth in perforating systems, subsea technology bundling, and emerging energy transition opportunities including geothermal, carbon capture, and offshore wind.