PFC.L - Petrofac Limited
| Previous Close | 641.40 |
| Open | 647.40 |
| Bid | 610.00 x 93700 |
| Ask | 660.00 x 159300 |
| Day's Range | 637.00 - 648.01 |
| 52 Week Range | 395.95 - 679.00 |
| Volume | 3,054,238 |
| Avg. Volume | 2,593,465 |
| Market Cap | 2.171B |
| Beta | 0.08 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -34.20 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.28 (4.61%) |
| Ex-Dividend Date | 2018-09-20 |
| 1y Target Est | 8.95 |
- Thomson Reuters StreetEvents•2 days ago
Edited Transcript of PFC.L earnings conference call or presentation 29-Aug-18 8:30am GMT
Half Year 2018 Petrofac Ltd Earnings Presentation
- Zacks•23 days ago
Petrofac (POFCY) Wins $600M Work in Algeria From Sonatrach
Petrofac (POFCY) will work on the Tinhert Field Development Project, following the signing of an EPC contract with Sonatrach.
- The Wall Street Journal•24 days ago
[$$] European Equities Market Talk Roundup
1232 GMT - Petrofac’s expanding order book puts it in a good position to keep shareholder returns coming, says Accendo Markets. Accendo’s Artjom Hatsaturjants notes that rising orders have been particularly positive for Petrofac this year, with $3.3 billion of deals secured to add to a backlog of $9.7 billion. “As usual, what markets care the most about is outlook and a healthy order book, with more competitive bids in progress, favorable market conditionswith energy markets holding strong this year, as well as expected reductions in capital expenditure to $150m by year-end, make Petrofac well-positioned to achieve healthy returns for shareholders,” he says.
- The Telegraph•24 days ago
Petrofac cheers multi-billion dollar contracts despite swinging to half year loss
Petrofac cheers multi-billion dollar contracts despite swinging to half year loss
- Reuters•24 days ago
Petrofac profit rises 20 percent as sale of oil assets continues
The results bode well for a refocusing on core business after a difficult period marred by investments in production that fell afoul of the 2014 collapse in oil prices. The company's main measure of profit rose to $190 million (147.39 million pounds) compared to $158 million a year earlier, excluding a $207 million charge for losses on oil asset sales and helped by some of its remaining upstream businesses swinging into the black. Chief Financial Officer Alastair Cochran told Reuters that Petrofac would continue on a course that has seen it agree sales of $800 million in mostly oil-producing assets this year.
- Simply Wall St.•24 days ago
Who Owns Petrofac Limited (LON:PFC)?
If you want to know who really controls Petrofac Limited (LON:PFC), then you’ll have to look at the makeup of its share registry. Large companies usually have institutions as shareholders,Read More...
- Zacks•25 days ago
Petrofac (POFCY) to Lower Debt With Greater Stella Area Sale
Petrofac (POFCY) is curtailing oil production and is gradually moving back to its less capital-intensive oilfield services business.
- The Telegraph•29 days ago
Petrofac takes £43m hit on sale of stake in North Sea project
Petrofac takes £43m hit on sale of stake in North Sea project
- Reuters•29 days ago
Oil stocks, miners prop FTSE up as markets await Powell
By Helen Reid LONDON (Reuters) - Britain's major stock index faltered on Friday, propped up by Shire and oil stocks, while investors awaited a speech by the U.S. Fed Chair and digested U.S.-China trade ...
- Reuters•29 days ago
UK's Petrofac sells North Sea assets for $292 million
Petrofac, which designs, builds, operates and maintains oil and gas facilities, expanded into oil and gas production during the oil price boom earlier this decade. It announced the sale of its oil fields in Mexico last month after a warning last year that its integrated energy services (IES) division would have lower than expected profits. The proceeds from the sale of the North Sea assets, which also include a 24.8 percent interest in the FPF1 floating production facility, will be used to cut debt.
- Reuters•last month
Iraq and Petrofac sign $369 mln deal to build Majnoon crude-processing plant
Iraq signed a $369 million contract with Petrofac on Monday to build a new crude-processing facility in the giant Majnoon oilfield, a senior oil executive told Reuters. Under the deal terms, work to build ...
- Rigzone.com•last month
Iraq And Petrofac Sign $369MM Deal To Build Majnoon Crude-Processing Plant
Iraq signs a $369 million contract with Petrofac to build a new crude-processing facility in the giant Majnoon oilfield.
Reuters•2 months agoPetrofac to sell 49 percent of Mexican operations
Petrofac, which designs, builds, operates and maintains oil and gas facilities, expanded into oil and gas production during the oil price boom earlier this decade. The strategy didn't last and last year the company warned that its integrated energy services (IES) division would have lower than expected profits, hit by weaker oil prices, lower capital investment by clients in Mexico, and a delayed entry into the Greater Stella Area in the North Sea.
- Rigzone.com•2 months ago
Petrofac To Sell 49% Of Mexican Operations
Petrofac says it agreed to sell 49% of its operations in Mexico to Perenco (Oil & Gas) International Ltd.
- Rigzone.com•3 months ago
Petrofac Marks 20-Year Academy Partnership By Welcoming Aberdeen Pupils
Petrofac marks its 20-year partnership with Kincorth Academy this week by welcoming pupils for a week of activities.
- Reuters•3 months ago
Wood Plc sees stagnant prices despite recovery in demand
The changed landscape comes as a relief for service providers after a slump in crude prices that forced producers to cut spending and defer or cancel contracts. "We do feel like we are coming out of that (oil and gas) down cycle," Wood Chief Financial Officer David Kemp said. Aberdeen-based Wood Plc's market comments echo those of smaller rivals Petrofac Ltd (PFC.L) and Hunting Plc (HTG.L).
Reuters•3 months agoBritain begins criminal proceedings against Unaoil firms
British prosecutors said on Tuesday they had begun criminal proceedings against two Unaoil companies, part of a Monaco-based oil and gas consultancy, in an investigation into alleged bribery, corruption and money laundering. The Serious Fraud Office (SFO), which has charged six individuals in a two-year investigation, said representatives from Unaoil Monaco SAM and Unaoil Ltd had been asked to attend a London court hearing on July 18 to be formally charged with conspiracy to give corrupt payments to secure contracts in Iraq. The SFO's case against Unaoil Ltd relates to a $733 million (£554.4 million) contract to build two oil pipelines in southern Iraq for Leighton Contractors Singapore PTE Ltd, while the case against Unaoil Monaco SAM focuses on Iraqi contracts for SBM Offshore.
- Reuters•3 months ago
Petrofac posts higher orders as demand picks up
There has been a recovery in the demand for oilfield services after a period of softness caused by a drop in oil prices, which forced explorers and producers to cut capital expenses and defer or cancel contracts. The UK's Serious Fraud Office (SFO) questioned Petrofac's top executives last year in connection with a probe into Monaco-based Unaoil on suspected bribery, corruption and money laundering. The company suspended its chief operating officer, Marwan Chedid, in response to the investigation.
- Rigzone.com•3 months ago
Petrofac Posts Higher Orders As Demand Picks Up
Oilfield services firm Petrofac Ltd reports a 5.9% increase in new orders.
- Simply Wall St.•3 months ago
What To Know Before Buying Petrofac Limited (LON:PFC) For Its Dividend
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. In the past 10 years Petrofac Limited (LON:PFC) has returnedRead More...
- Simply Wall St.•3 months ago
Top Energy Dividend Picks For The Day
The cyclicality of the energy industry makes it hard for income investors to find high yielding stocks. However, as oil rebounded from its multi-year lows, certain energy companies are inRead More...
Reuters•3 months agoOil stocks help FTSE outperform amid trade tensions
Britain's top stock index dipped on Monday as trade tensions between the United States and China kept the pressure on equity markets across Europe, weighing on multinational companies. The FTSE 100 fell 0.03 percent to its lowest since May 30 but substantially outperformed other European stock markets. Strong energy stocks underpinned the FTSE 100, while a weaker pound also boosted the index's mainly exporting companies.
- Reuters•4 months ago
Petrofac awarded more than $1.7 billion new orders this year
Oilfield service companies have been seeing a recovery in orders after subdued oil prices since mid-2014 forced explorers and producers to cut capital expenditure and defer or cancel contracts. Petrofac said in late June last year that order intake had reached $1.7 billion. The SFO began an investigation in May 2017 into the activities of Petrofac and its units in connection with a probe into Monaco-based Unaoil on suspected bribery, corruption and money laundering.
