Hunting Energy Services
- Company typePublic
- Founded1874
- HeadquartersHouston, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Hunting Energy Services does
Hunting PLC (operating as Hunting Energy Services) is a global precision engineering group founded in 1874 and headquartered in London, publicly traded on the London Stock Exchange under the ticker HTG. The company designs and manufactures precision-engineered equipment and technology systems for the upstream energy industry through 11 operating divisions, spanning perforating and logging systems, premium connection technology and OCTG, subsea technologies, advanced manufacturing (Hunting Dearborn), well intervention equipment, well test and process systems, electronics, trenchless and MWD solutions, organic oil recovery, and — following the 2024 acquisition of Flexible Engineered Solutions (FES) — fluid transfer systems for FPSO and deepwater subsea applications. The portfolio rests on proprietary intellectual property including EQUAfrac shaped charge technology, Opti-TEK optimized intervention technologies, Titanium Stress Joints, and HYPER-LOCK HELIX2 premium connection technology.
Hunting operates 27 manufacturing and operating sites across 11 countries on four continents, supported by 16 distribution centers and approximately 2,367 employees. Revenue mechanics are anchored in B2B hardware sales of specialized equipment to international oil and gas operators and service companies, with supplemental equipment rental in North America and professional services tied to well intervention and enhanced oil recovery. Pricing is quote-based under multi-year enterprise contracts, and approximately 93% of 2024 group revenue derived from oil and gas end markets with the balance from aerospace and defense, medical, telecommunications/utilities, and transportation. Reported revenue was approximately $1,050 million in 2024, supported by recent deepwater contract wins including a $20 million OCTG award for offshore Guyana and a $31 million titanium stress joint order for the Turkish Black Sea, plus a $21 million aerospace contract. The company is executing its Hunting 2030 Strategy announced in 2023, including a new Dubai manufacturing facility opened in 2025 and a $40 million share buyback program, while pursuing EMEA restructuring and a CEO succession process following Jim Johnson's retirement notice for mid-2027.
Hunting Energy Services firmographics
Firmographics- Name
- Hunting Energy Services
- Legal name
- Hunting PLC
- Website
- https://hunting-intl.com
- Company type
- Public
- Founded year
- 1874
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Hunting Energy Services industry classification
Industry- Product category
- Oilfield Equipment Manufacturing
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading) (EUALABAN)
Keywords
Where Hunting Energy Services is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Hunting Energy Services business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Product Manufacturing and Sales: Hunting manufactures and sells precision-engineered equipment including perforating systems, OCTG connections, subsea equipment, well intervention tools, electronics, and advanced manufacturing components to oil and gas operators and service companies globally.
- Equipment Rental: The company provides rental services for specialized energy equipment through its distribution center network, particularly in North America.
- Professional Services: Services including well intervention, organic oil recovery (enhanced oil recovery solutions), and technical support associated with their product offerings.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B enterprise pricing - quote-based |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
Hunting Energy Services product offering
Product offeringCore offering
Hunting Energy Services is a global precision-engineering group that manufactures and distributes components, technology systems, and precision parts for the international oil and gas and energy service industries. Its product portfolio spans perforating and logging systems, premium OCTG connections, subsea technologies (including titanium stress joints and FPSO fluid transfer systems), advanced machined components, well intervention equipment, well test and process systems, electronics manufacturing, trenchless and MWD tools, and zero-capex microbial enhanced oil recovery solutions. The group operates 27 sites across 11 countries and reported revenue of approximately $1,050 million in 2024.
Product overview
Hunting Energy Services is a global precision engineering group that manufactures components, technology systems, and precision parts for the international oil and gas and energy service industries. The company operates as a platform of specialized divisions serving the upstream energy sector. The core divisions include: Perforating & Logging Systems (manufacturing H-2, H-3, H4 perforating systems and EQUAfrac™ shaped charge technology); Connection Technology & OCTG (premium connections and tubular goods); Subsea Technologies (offshore solutions via Stafford, Spring, and Enpro units); Advanced Manufacturing (Hunting Dearborn for precision machining); Well Intervention Equipment (including the Opti-TEK™ suite of optimised intervention technologies); Well Test & Process Systems; Electronics; Trenchless & MWD; Organic Oil Recovery (zero-capex enhanced oil recovery); and Flexible Engineering Solutions (FES - fluid transfer solutions for FPSO and deepwater subsea). The company operates 27 sites across 11 countries and reported revenue of approximately $1,050 million in 2024.
Differentiator
Problem solved
Functional benefit
Products and services
- Perforating & Logging Systems Division designing and manufacturing perforating systems, energetics, instrumentation, and associated hardware for oil and gas well completion, including H-2, H-3 and H4 perforating systems with EQUAfrac shaped charge technology.
- Connection Technology & OCTG Division designing and manufacturing premium connection technologies, including the HYPER-LOCK HELIX2 connection for faster makeup in extended reach wells, and selling OCTG from world-leading manufacturers to the energy and geothermal markets.
- Subsea Technologies Integrated solutions provider for the global offshore energy industry, comprising Stafford, Spring, and Enpro business units, manufacturing titanium stress joints for deepwater applications and fluid transfer solutions.
- Advanced Manufacturing (Hunting Dearborn) Hunting Dearborn division supplying highly engineered tubular components, hollow rotating shafts, very accurate deep hole drilling, and complex turned or milled profiles for aerospace, defense, and oil and gas 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, thru-tubing technology, and the Opti-TEK suite of optimised intervention technologies.
- Well Test & Process Systems High-quality manufactured well testing equipment and fabrication services for the energy industry.
- Electronics Manufacturing of electronic parts for the energy, medical, defense, and aerospace sectors within the Electronic Manufacturing Services (EMS) industry.
- Trenchless & MWD Trenchless technologies including drill pipe and tooling products, plus innovative MWD (Measurement While Drilling) solutions for gyro, steering tool and running gear applications.
- Organic Oil Recovery Zero-Capex enhanced oil recovery technology using microbial solutions for improved oil recovery from existing fields.
- Flexible Engineering Solutions (FES) Specialist in fluid transfer solutions for the global energy sector, with expertise spanning FPSO and deepwater subsea distribution systems; acquired by Hunting in 2024.
- Opti-TEK Well Intervention Suite Optimised Intervention Technologies suite designed to help operators extend well life, reduce downtime and improve decision-making, including HydraShock and HydraCut coiled tubing recovery technologies.
Quantifiable outcome
- Revenue of approximately $1,050 million in 2024
- +3 more outcomes
Companies that use Hunting Energy Services
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
Hunting Energy Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Hunting Energy Services partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Flexible Engineered Solutions (Group) Holdings Limited (FES)coreHunting acquired FES, a specialist in fluid handling solutions for the global energy sector with expertise spanning FPSO and deepwater subsea distribution systems. The acquisition enhances Hunting's subsea capabilities and expands their product offerings in fluid transfer solutions.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Hunting Energy Services competitors and assessment
Company assessmentDirect peers
- Tenaris: Tenaris is a leading global manufacturer and supplier of seamless and welded OCTG and premium connection technologies for the oil and gas industry, directly competing with Hunting's Connection Technology & OCTG division across both upstream and geothermal markets.
- Vallourec: Vallourec is a global leader in premium OCTG connections and tubular solutions, with a particularly strong presence in Europe, the Middle East, and Brazil — overlapping with Hunting's EMEA operations and UK OCTG manufacturing footprint.
- Weatherford International: Weatherford is a global oilfield services and equipment provider with strong positions in well intervention, perforating, and downhole tools — directly overlapping with Hunting's Well Intervention Equipment and Perforating & Logging Systems divisions.
- Forum Energy Technologies: Forum Energy Technologies manufactures and supplies a broad range of oilfield equipment, including subsea technologies, drilling products, and intervention tools, with comparable customer base to Hunting's subsea and drilling divisions.
- Core Laboratories: Core Laboratories provides reservoir description and production enhancement services, including perforating and formation evaluation products — closely comparable to Hunting's Perforating & Logging Systems business in serving upstream E&P customers.
- Dril-Quip: Dril-Quip designs and manufactures subsea wellhead systems, specialty downhole tools, and subsea production equipment — directly comparable to Hunting's Subsea Technologies division serving deepwater operators.
- TechnipFMC: TechnipFMC is a leading provider of integrated subsea solutions, including subsea trees, controls, and tieback systems — comparable to Hunting's Subsea Technologies division (Stafford, Spring, Enpro) and the recently acquired FES fluid handling business.
Broad incumbents
- SLB (Schlumberger): SLB is the world's largest oilfield services company, offering a comprehensive portfolio spanning drilling, completions, production, and digital — overlapping with nearly all of Hunting's divisions as a broad incumbent in the same upstream end-market.
- Halliburton: Halliburton is one of the largest global oilfield services companies, with broad offerings in drilling, completions, and production enhancement — a broad incumbent competing with Hunting across perforating, intervention, and subsea-related product lines.
- Baker Hughes: Baker Hughes is a major oilfield services and industrial energy technology company with significant OFS equipment exposure in well construction and subsea — a broad incumbent that overlaps with Hunting's equipment manufacturing footprint in oil & gas.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Hunting Energy Services social profiles
Digital presenceHunting Energy Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hunting Energy Services leadership team
Management profileNumber of profiles
Profiles3 records
Hunting Energy Services subsidiaries and ownership
Company hierarchySubsidiaries15 records
Hunting Energy Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hunting Energy Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hunting Energy Services
What does Hunting Energy Services do?
Hunting Energy Services is a global precision-engineering group that manufactures and distributes components, technology systems, and precision parts for the international oil and gas and energy service industries. Its product portfolio spans perforating and logging systems, premium OCTG connections, subsea technologies (including titanium stress joints and FPSO fluid transfer systems), advanced machined components, well intervention equipment, well test and process systems, electronics manufacturing, trenchless and MWD tools, and zero-capex microbial enhanced oil recovery solutions. The group operates 27 sites across 11 countries and reported revenue of approximately $1,050 million in 2024.
Is Hunting Energy Services a public or private company?
Hunting Energy Services is a public company. It is classified as public and is currently operating.
When was Hunting Energy Services founded?
Hunting Energy Services was founded in 1874. It employs 1,001 to 5,000 people.
Where is Hunting Energy Services based?
Hunting Energy Services is headquartered in Houston, United States, in the North America region.
How does Hunting Energy Services make money?
Three revenue lines are on record. Product Manufacturing and Sales are the primary driver. The others are equipment Rental and professional Services.
Who are Hunting Energy Services's main competitors?
Direct peers on record are Tenaris, Vallourec, Weatherford International, Forum Energy Technologies, Core Laboratories, Dril-Quip and TechnipFMC. Broad incumbents are SLB (Schlumberger), Halliburton and Baker Hughes.
Does Hunting Energy Services have an API?
No public API is recorded for Hunting Energy Services.
What industry is Hunting Energy Services in?
Hunting Energy Services's product category is Oilfield Equipment Manufacturing. Its primary akta.pro industry code is EUALABAN, OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading). Its NAICS code is 333132 and its SIC code is 3533.