Hunting PLC (HTG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and good to have you in attendance today to listen to Bruce and I talk about our results for the first half of the year. Before we get started, as always, I just want to do a thanks out to the team at Hunting. Again, we delivered excellent results in the first half of the year and a lot of hard work to make that happen. Special thanks today to Graham Goodall and the team in the Middle East. As everybody knows, it's a very challenging environment and a lot of stress in that area these days. And so I just want to say thanks for all that they do. Getting into our results today, we're very pleased with what has happened in the first six months of the year. I think the results today show that our strategy that we've laid out and put in place is definitely working. We've delivered a diversified array of results and opportunities that have come into our fold. But we've performed very, very well, and we're not focused on just one basin or one geographic area. And it played out today with the broad positive results that we had. So today, as we get started, there's really three points that I want to get across. There are three main themes, and we'll go into more detail with everything throughout this report. But I think the first theme is the incredible turnaround that we've seen in the performance of our Titan perforating business. And credit to the team for all the advances that they've made from a sales point of view, from a cost point of view, supply chain point of view, and maintaining our technology lead in that field. And as clients continue to have more challenging wells in the unconventionals regarding the length of these wells, I think the Titan products continue to be the call of choice when it comes to those type of equipment needs. Additional...