(Reuters) – Oilfield services group Hunting Plc said on Wednesday its first-quarter earnings were in line with expectations despite a hit to the company’s Texas facilities in February when the U.S. state faced severe cold weather.
The company said it recorded a small core loss in the quarter due to subdued offshore drilling activities throughout the second half of 2020 that carried into this year.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Krishna Chandra Eluri)
