Hunting

Oilfield Equipment and Energy Services Manufacturinghuntingplc.com

Hunting PLC is a UK-listed precision engineering company (founded 1874) that manufactures products for oil and gas well construction, subsea offshore development, and well intervention, while diversifying into aerospace and defense advanced manufacturing for IOCs, NOCs, and industrial customers.

Company typePublic
Founded1874
HeadquartersLondon, United Kingdom
Headcount1,001–5,000
GTM typeB2B
OfferingHardware or Manufacturing

What Hunting does

Hunting PLC is a UK-listed (LSE: HTG) precision engineering company founded in 1874 that manufactures and distributes products enabling the extraction of oil and gas across the well lifecycle. The company operates through five core product divisions: Perforating & Logging Systems, Connection Technology & OCTG, Subsea Technologies, Well Intervention Equipment, and Advanced Manufacturing. Its technology portfolio includes proprietary titanium stress joints (the only supplier globally equipped to deliver at full-field offshore scale), the Organic Oil Recovery (OOR) enhanced oil recovery solution, the HYPER-LOCK HELIX2 semi-premium threaded connection, and the Opti-TEK intervention suite including slickline cutters, data stems, monitoring systems, and valves.

The company serves IOCs (ExxonMobil, BP), NOCs (Kuwait Oil Company, TPAO), independents, and a growing non-oil and gas customer base in aerospace & defense (Pratt & Whitney, Sikorsky, GE), medical, and industrial sectors. GTM is enterprise field sales with regional management and technical sales engineers, supported by 16 global distribution centers and 27 operating sites across 11 countries. A new 45,000 sqft flagship Dubai facility opened in October 2025 to consolidate Middle East, Africa and Asia Pacific operations.

Revenue is generated primarily through B2B hardware sales across OCTG (~$1B FY2025), Subsea Technologies (raised 2030 target from $250m to $470m), Perforating Systems, Advanced Manufacturing, and Well Intervention. FY2025 revenue was $1,018.8m with $135.7m EBITDA (13% margin, up from 12% prior year). FY2025 non-oil and gas revenue grew 10% to $82.9m, indicating active diversification. The 2026 EBITDA guidance is $145–155m and the order book stood at $358m at year-end 2025 with a tender pipeline exceeding $1bn.

Hunting firmographics

Firmographics

Name: Hunting
Legal name: Hunting PLC
Website: https://huntingplc.com
Company type: Public
Founded year: 1874
Operating status: Operating
Headcount range: 1,001–5,000 employees
Short description: Hunting PLC is a UK-listed precision engineering company (founded 1874) that manufactures products for oil and gas well construction, subsea offshore development, and well intervention, while diversifying into aerospace and defense advanced manufacturing for IOCs, NOCs, and industrial customers.
Ownership category
akta.pro rank

Hunting industry classification

Industry

Product category: Oilfield Equipment and Energy Services Manufacturing
NAICS: Oil and Gas Field Machinery and Equipment Manufacturing (333132), Aerospace Product and Parts Manufacturing (33641)
SIC: Oil & Gas Field Machinery & Equipment (3533)
akta.pro primary industry: Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)
akta.pro secondary industry: OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading) (EUALABAN)

Keywords

Oilfield equipment
OCTG connections
Subsea technologies
Well intervention tools
Precision manufacturing

Where Hunting is headquartered

Location

Headquarters

HQ city: London
HQ country: United Kingdom
HQ region: Europe

Offices9 records

Markets served

Hunting business model

Business model

GTM type: B2B
Offering type: Hardware or Manufacturing
Cost components: Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

OCTG (Oil Country Tubular Goods): Sale of premium connections, OCTG accessories, and threading services. Revenue of approximately $1 billion reported for 2025 with large contracts including $231m for Kuwait Oil Company and $20m for offshore Guyana.
Subsea Technologies: Titanium stress joints, subsea equipment, fluid transfer solutions (FES), and OOR technology for offshore oil and gas. Growing segment with raised 2030 revenue target from $250m to $470m.
Perforating Systems: Perforating systems, energetics, instrumentation, and associated hardware for well construction and completion.
Advanced Manufacturing: Precision-engineered tubular components, CNC machining, and manufacturing services for aerospace, defense, medical, and power sectors. Includes $21m Pratt & Whitney aerospace contract.
Well Intervention Equipment: Equipment manufacturing and services for downhole intervention, including pressure control, slickline, E-line tools, and Opti-TEK™ technologies.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Hunting product offering

Product offering

Core offering

Hunting designs, manufactures, and distributes precision-engineered products for the global oil and gas industry (and selected aerospace, defense, medical, and industrial customers) across perforating and logging systems, premium connection technology and Oil Country Tubular Goods (OCTG), subsea technologies including titanium stress joints and fluid transfer solutions, advanced tubular manufacturing, well intervention equipment, well test and process systems, electronics, trenchless and MWD tools, and proprietary Organic Oil Recovery (OOR) enhanced oil recovery technology. The company sells primarily to major oil and gas operators (IOCs, NOCs, independents) and aerospace OEMs via enterprise contracts and a network of 16 distribution centers and 27 operating sites across 11 countries.

Differentiator

Problem solved

Functional benefit

Brands

Hunting Titan: Perforating products and accessories division including H-2, H-3, H4 and Perforating Systems and EQUAfrac shaped charge technology
TEK-HUB
Opti-TEK
HYPER-LOCK HELIX2
TEC-LOCK
SEAL-LOCK XD
Enpro Subsea
Hunting Subsea Spring
Hunting Dearborn
Flexible Engineering Solutions (FES)
Organic Oil Recovery (OOR)

Products and services

Perforating and Logging Systems Designs and manufactures perforating systems, energetics, instrumentation, and associated hardware for well construction and completion operations for global oil and gas operators (IOCs, NOCs, and independent E&P).
Connection Technology and OCTG Designs and manufactures premium connection technologies and sells Oil Country Tubular Goods (OCTG) from world-leading manufacturers to the energy and geothermal markets, including HYPER-LOCK HELIX2, SEAL-LOCK XD, and TEC-LOCK product families.
Subsea Technologies Leading integrated solutions provider for the global offshore industry, manufacturing titanium stress joints, subsea equipment, Enpro Subsea systems, and FES fluid transfer solutions for FPSO and deepwater applications.
Advanced Manufacturing (Hunting Dearborn) Premier supplier via the Hunting Dearborn brand of highly engineered tubular components, hollow rotating shafts, deep hole drilling, and complex turned or milled profiles for aerospace and defense (including AS9100-certified work for Pratt & Whitney), oil and gas, medical, and transportation sectors.
Well Intervention Equipment Equipment manufacturing and services for downhole intervention in producing wells for logging or other well services, including pressure control, slickline, e-line tools, control and injection units, thru-tubing technology, and the Opti-TEK suite of optimized intervention technologies.
Well Test and Process Systems High-quality manufactured well testing equipment and fabrication services for the energy industry, supporting operators during well flowback, testing, and processing operations.
Electronics Manufactures electronic parts for the energy, medical, defense and aerospace sectors under an Electronic Manufacturing Services (EMS) offering.
Trenchless and MWD Trenchless technologies including drill pipe and tooling products, plus innovative MWD (Measurement While Drilling) solutions for gyro, steering tool and running gear, serving trenchless installation operations.
Organic Oil Recovery (OOR) Zero-capex enhanced oil recovery technology that optimizes reservoir performance and oil recovery rates across the lifecycle of production wells by improving ultimate recovery, lowering water cut, and extending well life; offered globally to E&P operators under the Hunting brand following acquisition of the OOR business in March 2025.
Flexible Engineering Solutions (FES) FES is a specialist in fluid transfer solutions for the global energy sector with expertise spanning FPSO and deepwater subsea distribution systems, integrated into Hunting's Subsea Technologies offering following the June 2025 acquisition.

Quantifiable outcome

100% production uplift achieved in OOR pilot test at Buccaneer Energy Pine Mills field
+3 more outcomes

Companies that use Hunting

Customer profile

Named customers11 records

Segments5 records

Ideal customer profiles3 records

Hunting technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Hunting partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and supporting.

Tenax Energy SolutionscoreTechnology or Integration · 21 May 2026Global license and distribution agreement for HydraShock™ and HydraCut™ coiled tubing recovery technologies. The partnership expands Hunting's Opti-TEK™ well intervention portfolio with specialized downhole recovery and severance systems. Tenax develops specialized intervention technologies to solve complex field challenges through application-driven engineering.
Pratt & Whitney (RTX)coreOthers · 21 July 2025$21 million contract for precision-engineered components for advanced aerospace systems. Pratt & Whitney designs, manufactures, and services commercial and military jet engines. Multi-year opportunity secured after rigorous qualification processes and sustained operational performance.
Buccaneer EnergycoreStrategic or Co-development PartnerOOR (Organic Oil Recovery) technology deployment at Buccaneer Energy's Pine Mills field in East Texas. Successful pilot test achieved 100% production uplift. Buccaneer indicated plans to roll out OOR technology across other wells in its portfolio.
Dow JonessupportingTechnology or IntegrationDue diligence capabilities through Dow Jones risk analysis software providing information on Hunting's customers and suppliers, including media coverage and modern slavery/ethics compliance monitoring.
Equiniti LimitedsupportingOthersCompany's registrar handling share ownership queries, shareholder dealing services, and investor communications. Equiniti operates shareview.co.uk for shareholder services.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Hunting competitors and assessment

Company assessment

Broad incumbents

Halliburton: Global oilfield services and equipment provider with strong completions and drilling franchise. Competes with Hunting's perforating systems and well intervention equipment and shares major operator customer relationships.
SLB (Schlumberger): Largest global oilfield services company offering drilling, evaluation, completions, production, and digital solutions. Competes across Hunting's perforating, well intervention, and subsea segments with established relationships at major oil and gas operators.
Baker Hughes: Diversified oilfield services and equipment company with broad portfolio including drilling, completions, production, and digital solutions. Competes with multiple Hunting segments (perforating, well intervention, advanced manufacturing) and serves the same IOC/NOC customer base.

Direct peers

Vallourec: French-headquartered premium OCTG and connection technology supplier serving oil and gas operators globally. Direct competitor in premium threaded connections and tubular goods, with overlapping customer base among IOCs and NOCs.
Oceaneering International: Provider of engineered services and products including subsea robotics, intervention tooling, and offshore hardware. Comparable in subsea equipment and FPSO-related infrastructure relevant to Hunting's subsea technologies expansion.
Tenaris: Global manufacturer and supplier of seamless and welded OCTG and premium connections for oil and gas. Tenaris is the most direct competitor to Hunting's OCTG/Connection Technology segment, particularly in semi-premium and premium threaded connections like SEAL-LOCK XD and HYPER-LOCK HELIX2.
Weatherford International: Oilfield services and equipment company offering drilling, evaluation, completions, and production solutions. Direct competitor in well intervention, perforating, and OCTG-related services with comparable customer base.
NOV (National Oilwell Varco): Global manufacturer of oilfield equipment including drilling rigs, downhole tools, and well intervention equipment. Overlaps with Hunting's well intervention, perforating systems, and OCTG distribution businesses across similar operator customers.
TechnipFMC: Integrated subsea production systems provider for offshore oil and gas, manufacturing subsea trees, manifolds, and controls. Direct competitor in subsea equipment and FPSO infrastructure, particularly relevant given Hunting's titanium stress joint franchise and FES acquisition.

Emerging players

ChampionX: Production chemistry and enhanced oil recovery technology provider serving upstream operators. Comparable adjacency to Hunting's OOR technology franchise in zero-capex enhanced oil recovery solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Hunting compliance and trust

Trust signal

Compliance1 record

Hunting financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hunting leadership team

Management profile

Number of profiles

Profiles13 records

Hunting subsidiaries and ownership

Company hierarchy

Subsidiaries17 records

Hunting funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Hunting M&A and investment

M&A and investment

M&A12 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hunting

What does Hunting do?

Is Hunting a public or private company?

Hunting is a public company. It is classified as public and is currently operating.

When was Hunting founded?

Hunting was founded in 1874. It employs 1,001 to 5,000 people.

Where is Hunting based?

Hunting is headquartered in London, United Kingdom, in the Europe region.

How does Hunting make money?

Five revenue lines are on record. OCTG (Oil Country Tubular Goods) is the primary driver. The others are subsea Technologies, perforating Systems, advanced Manufacturing and well Intervention Equipment.

Who are Hunting's main competitors?

Broad incumbents on record are Halliburton, SLB (Schlumberger) and Baker Hughes. Direct peers are Vallourec, Oceaneering International, Tenaris, Weatherford International, NOV (National Oilwell Varco) and TechnipFMC. ChampionX is listed as an emerging player.

Does Hunting have an API?

No public API is recorded for Hunting.

What industry is Hunting in?

Hunting's product category is Oilfield Equipment and Energy Services Manufacturing. Its primary akta.pro industry code is EUALABAL, Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment), with a secondary code of EUALABAN, OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading). Its NAICS code is 333132 and its SIC code is 3533.