Hunting

What does the company do?

Hunting is a precision engineer, making premium metal tools and connections used primarily in the global energy industry. Sales are weighted to the US, but the company is experiencing increased demand from international markets as offshore development activity has increased in recent years. This has allowed for much better visibility on order book growth than in previous cycles. With a high degree of operating leverage, the Investment Manager expects the company to deliver profit and dividend growth over the next few years, with further potential to expand sales into clean energy markets over the long term.