Wood Group completes sale of TNT business in $38m deal
3rd May 2019 09:35
(Sharecast News) - Wood Group confirmed on Friday that it has completed the sale of its conveyor systems business Terra Nova Technologies (TNT).
Read moreWood Group awarded contract for new Evonik production facility
25th Apr 2019 07:22
(Sharecast News) - Wood Group has been awarded a new contract by Evonik to deliver engineering, procurement and construction management (EPCM) services for the group's new polyamide 12 (PA12) production complex, it announced on Thursday, to be built at the Marl Chemical Park in Germany.
Read moreFTSE 250 movers: oilers gush higher, Funding Circle falters
23rd Apr 2019 15:04
(Sharecast News) - London's FTSE 250 index was down 0.14% at 19,863.81 in afternoon trade on Tuesday, as oil companies led the benchmark index higher on the back of a jump in the price of black gold.
Read moreJefferies downgrades Wood Group over dividend risks
25th Mar 2019 09:37
(Sharecast News) - Jefferies has downgraded Wood Group, over concerns that the dividend could come under pressure at the energy services firm.
Read moreJefferies downgrades Wood Group over dividend risks
25th Mar 2019 09:37
(Sharecast News) - Jefferies has downgraded Wood Group, over concerns that the dividend could come under pressure at the energy services firm.
Read moreMonday broker round-up
25th Mar 2019 08:26
(Sharecast News) - Wood Group: Jefferies downgrades to underperform with a target price of 480p.
Read moreFTSE 250 movers: Oilers slide, Ted Baker bounces back
22nd Mar 2019 15:05
(Sharecast News) - London's FTSE 250 was 1.35% lower at 19,086.56 in afternoon trading on Friday, as oil and gas industry names led the index lower.
Read moreWood Group returns to growth but debt cutting disappoints
19th Mar 2019 07:53
(Sharecast News) - Wood Group returned to growth in 2018 but said its growth cutting efforts would be slower than it planned after the merger with Amec Foster Wheeler.
Read moreWood Group to install Siemens turbine in North Carolina
14th Mar 2019 07:29
(Sharecast News) - Wood Group has secured a contract from Siemens to install a new Siemens HL-class gas turbine at a power generating station in North Carolina, it announced on Thursday.
Read moreWood Group wins biofuels facility construction contract
12th Mar 2019 08:11
(Sharecast News) - Wood Group has secured a multi million dollar construction contract from IR1 Group, it announced on Tuesday, which is building the Red Rock Biofuels facility in Lakeview, Oregon.
Read moreWood chips off $54m from selling JV stakes
28th Jan 2019 07:05
(Sharecast News) - Wood Group reaped $54m in cash proceeds from selling off stakes in non-core joint ventures in the last couple of months.
Read moreWood Group wins $66m Sellafield contract
18th Dec 2018 07:20
(Sharecast News) - Wood Group said it had has won a 10 year contract worth $66m to supply programmable digital control technologies to the Sellafield nuclear site in Cumbria, UK .
Read moreWood Group warns on market volatility; sees FY in line
12th Dec 2018 07:38
(Sharecast News) - Oil services outfit Wood Group warned of future market volatility as it reported 2018 results would be in line with expectations.
Read moreWood Group wins $43m US pipeline contract
5th Dec 2018 07:04
(Sharecast News) - Wood Group said it had been awarded a $43m contract by an unnamed large-cap midstream company to construct 80 miles of steel pipeline in west Texas.
Read moreHSBC ups Wood Group to 'buy' as it says selloff overdone
26th Nov 2018 13:17
(Sharecast News) - Wood Group got a boost on Monday as HSBC upped the stock 'buy' from 'hold' and lifted the price target to 780p from 725p arguing that recent downside represents an entry point to a quality name with diversified exposure.
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