Hunting Lowers Annual Profit Outlook
British energy services firm Hunting cut its annual profit forecast for the second time this year. The downgrade was driven by ongoing conflict and logistical challenges in the Middle East.
Xurve View
Insights:
Xurve View
HUNTING PLC lowered its fiscal 2026 core profit forecast to a range of $128 million to $133 million on Wednesday morning, down from its prior estimate of $138 million to $141 million. The British energy services provider cut its outlook for the second time this year amid escalating regional instability. The downgrade highlights vulnerabilities in oilfield supply chains across key operating regions.
