Hunting hits five-year high on Buccaneer results
Shares in precision engineering group Hunting (HTG) hit five-year highs after a trading update from customer Buccaneer Energy (BUCE). The latter announced positive pilot test results at its Pine Mills oil field in East Texas using Hunting’s technology. Share price: 495p (+3%) PE: 21.5x Market cap: £975m Yield: 1.9% 100% uplift in production In its … Continue reading Hunting hits five-year high on Buccaneer results
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