Hunting Group’s Recovery Is Not Far
Hunting Group (HNTIF) provides oilfield equipment & services (or OFS) products and services, including perforating guns and accessories, premium connections, OCTG (oil country tubular goods) equipment, drilling tools, and subsea equipment. In the short-run, the energy market drivers are not in favor of a rise in the stock price. It will require a more congenial environment for the natural gas price to move upwards and yield positive returns for the stock.
The primary challenges for the company include the excess natural production leading to low natural gas