Petrofac sees FY trading in line; Order intake ?3bn

17th Dec 2019 07:09

(Sharecast News) - Oilfield services firm Petrofac said full year trading was in line with guidance as new order intake reached £3bn and despite delays in project bids.

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Tuesday broker round-up

26th Nov 2019 13:21

(Sharecast News) - Hiscox: HSBC upgrades to buy with a target price of 1,465p.

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Petrofac accused of keeping fake accounts to cover bribes - report

25th Nov 2019 10:02

(Sharecast News) - Oil services company Petrofac has been accused of maintaining a fake set of accounts to disguise the payment of bribes to foreign government officials, the Guardian reported, citing unnamed sources.

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Petrofac agrees to acquire W&W Energy Services

20th Nov 2019 08:13

(Sharecast News) - Oil and gas industry services provider Petrofac agreed to acquire W&W Energy Services on Wednesday, providing the group with an entry-level position in the US onshore operations and maintenance market.

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Petrofac to sell Mexican operations for up to $276m

19th Sep 2019 13:13

(Sharecast News) - Petrofac on Thursday agreed to sell its remaining 51% interest in its operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco International for up to $276m.

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FTSE 250 movers: Sabre climbs, Sirius drops

18th Sep 2019 14:22

(Sharecast News) - London's FTSE 250 was 0.13% higher at 20,065.98 in afternoon trade on Wednesday, with Sabre Insurance leading the index upward.

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FTSE 250 movers: Sirius plummets, Sophos climbs

17th Sep 2019 15:02

(Sharecast News) - London's FTSE 250 was down 0.3% at 20,003.51 in afternoon trade on Tuesday, as Sirius Minerals led the index lower.

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Petrofac interims lower as margins fall; Sees lower 2020 revenue

28th Aug 2019 07:04

(Sharecast News) - Oil industry engineer Petrofac reported a fall in interim core earnings due to a decline in contract margins, higher overheads and higher tax as it warned of lower revenues in 2020.

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Wednesday preview: Italian coalition talks, Petrofac in the spotlight

27th Aug 2019 14:45

(Sharecast News) - The focus on Wednesday - barring surprises on the US-China trade front - will be on Italy, where the Five Start and Democratic parties are trying, despite the differences in their political programmes, to piece together a coalition government that would allow the country to avoid new elections.

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FTSE 250 movers: Royal Mail rises, Senior slips

27th Jun 2019 15:10

(Sharecast News) - London's FTSE 250 climbed 0.12% higher to 19,284.44 in afternoon trade on Thursday, with shares of Royal Mail leading the way higher.

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Petrofac surges on reports of dropped SFO probe

26th Jun 2019 15:08

(Sharecast News) - Petrofac shares surged on Wednesday following reports that the Serious Fraud Office has abandoned a criminal investigation into three businessmen who were accused of paying brides in the energy industry.

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FTSE 250 movers: Petrofac gushes higher, Funding Circle falters

26th Jun 2019 14:49

(Sharecast News) - London's FTSE 250 fell 0.14% lower to 19,260.07 in afternoon trade on Wednesday, with Funding Circle leading the index lower.

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Wednesday broker round-up

26th Jun 2019 11:25

(Sharecast News) - Ted Baker: RBC Capital Markets downgrades to sector performer with a target price of 900p.

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Tuesday broker round-up

25th Jun 2019 14:01

(Sharecast News) - Finablr: JP Morgan initiates at overweight with a target price of 190p.

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Petrofac trading in line; sees opportunities in second half

25th Jun 2019 07:06

(Sharecast News) - Oil services company Petrofac said trading was in line with previous guidance with new order intake of $1.7bn in the year to date.

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