|Bid||411.90 x 0|
|Ask||412.30 x 0|
|Day's Range||406.08 - 412.39|
|52 Week Range||376.40 - 679.00|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||22.15|
|Earnings Date||Aug 28, 2019|
|Forward Dividend & Yield||0.29 (6.91%)|
|1y Target Est||8.63|
Ayman Asfari has been the CEO of Petrofac Limited (LON:PFC) since 2002. This analysis aims first to contrast CEO...
Petrofac Limited (LON:PFC) is a company with exceptional fundamental characteristics. Upon building up an investment...
Petrofac shares, which have lost nearly half of their value since the SFO first announced its probe in 2017 as part of a wider investigation into Monaco-based oil and gas consultancy Unaoil, fell as much as 6.4%. In February, the SFO said Petrofac's former head of sales, David Lufkin, had pleaded guilty to 11 counts of bribery related to oil deals in Iraq and Saudi Arabia.
Today we'll evaluate Petrofac Limited (LON:PFC) to determine whether it could have potential as an investment idea. To...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Petrofac Limited (LON:PFC) with a market-capitalization of UK£1.6b, rarely draw their attention. Despite this, commonly overlooked mid-c...
Moody's Investors Service ("Moody's") has today withdrawn the Ba1 corporate family rating (CFR), the Ba1-PD probability of default rating (PDR) and the negative outlook of UK-based Petrofac Limited. Please refer to the Moody's Investors Service's Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com. For any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for th...
Petrofac has been awarded a contract worth around $1 billion by Groupment Isarene for engineering, procurement and construction services relating to the Ain Tsila development project in Algeria.
MILAN (Reuters) - A Rome court has upheld a fine imposed on Petrofac CEO Ayman Asfari by Italian market watchdog Consob for alleged insider trading in Saipem shares, a spokesman for the British oil services ...
If you own shares in Petrofac Limited (LON:PFC) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure ofRead More...
Moody's Investors Service ("Moody's") has today affirmed the Ba1 corporate family rating (CFR) and the Ba1-PD probability of default rating (PDR) on UK-based oil and gas services provider Petrofac Limited's (Petrofac). The outlook change to negative follows an announcement on 7 February 2019 by the UK Serious Fraud Office (SFO), stating that a former employee of the group pleaded guilty to eleven counts of bribery. In Moody's view, this negatively reflects on the group's reputation and raises concerns from a social and government perspective, even if no charges have been brought against the company or its subsidiaries.
A legal fund backed by one of the world’s biggest activist investors, Paul Singer, was on Monday preparing to pull the trigger on a £400 million legal claim over the bribery scandal engulfing oil engineer Petrofac. The oil services group, headquartered in London, is in the firing line of litigation funding arm Innsworth — which is owned by Singer’s Elliott Management. It previously mounted legal action against Volkswagen and Tesco.
Shares in British oil services firm Petrofac slumped almost 30 percent on Thursday after a former senior executive pleaded guilty to 11 counts of bribery in relation to oil deals in Iraq and Saudi Arabia. Britain's Serious Fraud Office said David Lufkin, a former global head of sales for Petrofac, was convicted over what the prosecutor called corrupt attempts by Petrofac to secure deals, via agents, worth more than $730 million (566 million pounds) in Iraq and more than $3.5 billion in Saudi Arabia. Petrofac said a number of Petrofac individuals and entities were alleged to have acted "with the individual concerned", although no current board member of Petrofac Ltd was alleged to have been involved and there had been no further charges.
Oil firm Petrofac was hammered today after a former executive pleaded guilty to 11 counts of bribery as part of an ongoing Serious Fraud Order investigation into the company. David Lufkin, 51, ex-global head of sales for Petrofac, entered his pleas at Westminster Magistrates’ Court yesterday. The indictments relate to “corrupt offers” made to influence the award of contracts to Petrofac worth in excess of $730 million (£565.9 million) in Iraq and more than $3.5 billion in Saudi Arabia.