Hunting cuts FY26 EBITDA guidance to $128-$133 million

Bitget2026/10/28 07:01

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Hunting reported year-to-date EBITDA of approximately $89 million in its Q3 2026 trading update.
FY26 EBITDA guidance cut to $128-$133 million due to Middle East conflict, slowing activity elsewhere and supply-chain delays.
Hunting Titan faces slowing deliveries in the Middle East and North America in Q4, while Subsea Technologies profitability remains robust.
Kuwait Oil Company re-tender decision expected before year-end, with product shipments due to begin in H2 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hunting plc published the original content used to generate this news brief via Business Wire (Ref. ID: 202610280300BIZWIRE_USPR_____20261028_BW169268) on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hunting cuts FY26 EBITDA guidance to $128-$133 million

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