Oilfield services firm Hunting posts H1 profit vs year-earlier loss

(Reuters) - Hunting Plc , a U.S. shale-focused oilfield services provider, reported a profit for the first half of 2018, compared with a year-earlier loss, as demand picked up on the back of rising crude prices.The British-listed group also reinstated its dividend, declaring an interim payout of 4 cents per share.Hunting and other oilfield services providers are benefiting as energy producers spend more following a period of aggressive cost cuts spurred by a prolonged slump in oil..