Oilfield Services Firm Hunting Says 1Q Earnings in Line with Expectations

April 21, 2021

Oilfield services group Hunting Plc said on Wednesday its first-quarter earnings were in line with expectations despite a hit to the company's Texas facilities in February when the U.S. state faced severe cold weather.

The company said it recorded a small core loss in the quarter due to subdued offshore drilling activities throughout the second half of 2020 that carried into this year. 

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Krishna Chandra Eluri)

Oilfield Services Firm Hunting Says 1Q Earnings in Line with Expectations Oilfield Services Firm Hunting Says 1Q Earnings in Line with Expectations Reviewed by Crude Oil Facilitators on 11:49 Rating: 5

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