Zero: Hunting cannot provide earnings guidance

Boost in US shale activity helps but outlook remains uncertain

Despite enjoying a strong first quarter of the year thanks to higher activity levels in the US shale space, oil services firm Hunting (HTG) is still unable to give detailed guidance for 2017 as a whole.

In the wake of a wider industry downturn, Hunting prudently stopped guiding on anything but near-term financial performance back in 2015.

It promises to continue with the policy of regular trading statements and will also be expected to update on a replacement for the retiring CEO Dennis Proctor.

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