WS Amati UK Listed Smaller Companies Fund on Hunting plc
Thesis
Amati initiated a position after Middle East instability caused project delays and retendering, which pressured sentiment and created an entry opportunity. Hunting supplies oil services and specialist engineering solutions to major energy companies across multiple geographies and operates in harsh and demanding environments. The fund highlights the company’s Organic Oil Recovery technology, which could materially improve field potential and has produced promising trial data. The investment case combines a temporary disruption-driven selloff with exposure to differentiated engineering technology serving the global energy industry.
“Hunting’s Organic Oil Recovery technology, for example, could soon help enhance field potential markedly and is delivering promising data from several trials.”
Key risks
- Middle East instability can delay projects and trigger retendering.