|Bid||0.00 x 180000|
|Ask||670.00 x 60000|
|Day's Range||630.40 - 645.80|
|52 Week Range||515.00 - 753.50|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.63|
July 3 (Reuters) - John Wood Group PLC: * SECURED MULTI-MILLION DOLLAR CONTRACT WITH HYUNDAI ENGINEERING * CONTRACT TO PROVIDE DETAILED ENGINEERING SERVICES AND MATERIAL SUPPLY FOR STEAM METHANE REFORMER ...
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).
Wood Group, which maintained its full-year outlook, said it expected to deliver cost savings of above $50 million in 2018, and that it was confident of recognising at least $170 million in synergies by the end of the third year after integration. Wood Group agreed to buy rival Amec Foster Wheeler in March last year for 2.2 billion pounds ($2.7 billion at that time). Wood Group also said it was working on deleveraging its debt after the Amec deal, by reducing costs and selling assets.
John Wood Group PLC (LSE:WG.), an energy company based in United Kingdom, received a lot of attention from a substantial price movement on the LSE over the last few months,Read More...
NAIROBI (Reuters) - Kenya has picked Wood Group Plc (WG.L) to design an estimated $2 billion (1.43 billion pounds) oil pipeline to pump crude from fields in the north of the East African nation to an Indian ...
Given the energy industry’s dependence on commodity prices, the sector tends to be cyclical and profitability can be highly variable. However, after the 50% plunge in oil prices in 2014,Read More...
Wood Group, which saw muted demand for its services over the last couple of years after oil producers cut budgets amid weak prices, said it expects early stage recovery in some areas of its core oil & gas market and cost synergies to boost its earnings before interest, tax and amortization (EBITA) in 2018. Wood Group said its annualised cost savings from the Amec deal was ahead of plan with more than $40 million delivered to date. British oil services companies, including Wood Group, Amec and Petrofac (PFC.L), have faced issues after UK's Serious Fraud Office launched a criminal probe last July into Monaco-based Unaoil in connection with suspected bribery, corruption and money laundering.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to John Wood Group Plc Here are 5 ETFs with the largest exposure to WG-GB. Comparing the performance and risk of John Wood Group Plc with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
Wood Group, which saw muted demand for its services after oil producers cut budgets amid weak oil prices, said there was better-than-expected outcome on some oil and gas projects even as its core oil and gas business remained challenging. Wood said its pro forma 2017 results will include the results of Amec and heritage Wood Group from Jan. 1. It will also exclude results of Amec's North Sea upstream business, North American nuclear operations and the disposed business of Global Power Group.
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for John Wood Group Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)
ABERDEEN, Scotland, Oct. 9, 2017 /PRNewswire/ -- Wood Group is pleased to announce that it has completed the acquisition of Amec Foster Wheeler. Wood Group's new ordinary shares will be admitted to the premium segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange with effect from 8.00 a.m. (London time) today, 9 October 2017. "This transformational acquisition creates a global leader in the delivery of project, engineering and technical services to energy and industrial markets.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing John Wood Group Plc with the following peers – Petrofac Limited, Amec Foster Wheeler plc, Aker Solutions ASA and Econocom Group SA Class D (PFC-GB, AMFW-GB, AKSO-NO and ECONB-BE). John Wood Group Plc’s dividend yield is 4.73 percent and its dividend payout is 486.81 percent. ... Read more (Read more...)