Hunting (HTG) Corporate Presentation summary

Strategic overview and investment case

• Focus on technology and precision engineering, leveraging expertise in energy and advanced manufacturing for long-term growth.

• Diversified product portfolio spans oil and gas, energy transition, aviation, and other sectors.

• Robust ESG principles and commercial agility support resilience across market cycles.

• Financial returns show strong revenue and EBITDA growth, with improving margins and cash generation.

• Over 400 patents and trademarks drive innovation and competitiveness globally.

Product portfolio and market reach

• Leading positions in perforating systems, subsea, OCTG, and advanced manufacturing, with strong IP and order book-driven businesses.

• Energy transition focus includes geothermal and carbon capture, with cross-over opportunities for existing technologies.

• Blue-chip customer base includes major oil, gas, aviation, and space companies.

• Global footprint with 25 operating sites and 2,367 employees as of 2024.

Financial performance and growth

• 2024 revenue reached $1,048.9m, up from $929.1m in 2023, with adjusted EBITDA of $126.3m and margin of 12%.

• Oil and gas revenue at $973.8m; non-oil and gas at $75.1m.

• Free cash flow of $139.7m in 2024, with strong cash and bank balances supporting acquisitions.

• 2025 guidance: EBITDA $135m–$145m, margin 12–13%, capex $35m–$40m, and free cash flow conversion ~50%.