Hunting (HTG): Profit warning
This situation live
HTG Hunting
Profit warning
profit warning
Directionbelow expectations / warning
Reaction on the day−14%
In 12 months1 statement in the same direction
Company's wordsThe KOC tender process delay will have an impact of c.$10m on 2026 EBITDA, resulting in a revised 2026 EBITDA guidance range of $138-141m, slightly below previous guidance. ↗
As of 21 Aug 2026 ↗
Since Oct 2023: 661 situations of this kind; median share price +2% six months after they opened
Next: KOC OCTG tender re-issue in Q3 2026
Every step · 1
- 21 Aug 2026 profit warning – The KOC tender process delay will have an impact of c.$10m on 2026 EBITDA, resulting in a revised 2026 EBITDA guidance range of $138-141m, slightly below... ↗
What is happening
Hunting: Profit warning – profit warning. ['profit warning']
- In short
- Middle East conflict was flagged in March 2026 as a tender slippage risk with minimal 2026 profit impact expected. By 21 Aug 2026 the delay has become material: the KOC tender re-run cuts 2026 EBITDA by c.$10m. Management expects a rapid recovery once stability returns.
- Announced
- 21 Aug 2026 · profit warning · -14% on the day
- Tender slippage
- Some in the Middle East since March 2026; publication still expected in Q2 2026
- Profit impact
- Minimal expected on current year profitability, dependent on conflict tenure
- Operations
- Dubai and Saudi Arabia personnel safe, generally unaffected
- Rig count
- Higher commodity prices not yet lifting US or international rig count
- Impact
- c.$10m 2026 EBITDA cut via KOC tender delay
- Earlier view
- Minimal 2026 profit impact expected (April 2026)
- Recovery view
- Activity expected to recover rapidly once stability returns
What comes next
KOC OCTG tender re-issue in Q3 2026.
From the company's own announcements. Not investment advice.
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