Petrofac Share News (PFC)

Petrofac warns of "small" loss in E&C business as costs pile up

(Alliance News) - Petrofac Ltd shares dropped on Thursday after it said that it expects to make a small loss in its Engineering & Construction business, due to cost overruns.

Petrofac shares slip as E&C unit tipped for small loss this year

(Sharecast News) - Shares in Petrofac slipped on Thursday after the company said its engineering & construction operation would report a small loss this year.

JP Morgan upbeat on outlook for oil field services and exploration outfits

(Sharecast News) - Analysts at JP Morgan sounded an upbeat note for European Union oil field services as well as oil and exploration names.

Ferguson exits FTSE 100 as New York primary listing move effective

(Alliance News) - Ferguson PLC's primary stock market listing moves to New York with effect Thursday, with the plumbing and heating products supplier exiting the FTSE 100 in London as a result.

LONDON BROKER RATINGS: Downgrades for Centrica and Rathbones

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

CORRECT: LONDON BRIEFING: BA parent set to restore 2019 capacity

(Correcting IAG pretax and after-tax losses.)

LONDON BRIEFING: British Airways parent set to restore 2019 capacity

(Alliance News) - International Consolidated Airlines Group on Friday said demand for travel is recovering strongly in line with its previous expectations as the British Airways parent posted a narrowed first-quarter loss.

IN BRIEF: Petrofac wins decommissioning contract in Gulf of Mexico

Petrofac Ltd - Jersey-based services provider to the energy industry - Wins "sizeable" decommissioning contract in alliance with Promethean Decommissioning Co, a pure-play decommissioning operator. The two companies will decommission the South Pass 60, South Pass 6 and East Breaks 165 fields, offshore Gulf of Mexico. PDC appoints Petrofac as the decommissioning services provider, with the estimated value of the contract to be USD200 million. The companies also select US company Danos as offshore services provider.

SMALL-CAP WINNERS & LOSERS: Reach sinks as Ukraine war stifles growth

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

Petrofac secures $200m decommissioning contract

(Sharecast News) - Petrofac has secured a $200m contract to decommission offshore fields in the Gulf of Mexico, the energy services firm said on Thursday.

SMALL-CAP WINNERS & LOSERS: Card Factory surges on swing to profit

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

LONDON BROKER RATINGS: HSBC upgrades M&G and St James's Place to buy

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Berenberg upgrades Petrofac to 'buy'

(Sharecast News) - Analysts at Berenberg upgraded oilfield services provider Petrofac from 'hold' to 'buy' on Tuesday, stating the group was now "emerging into the light".

UK dividends calendar - next 7 days

LONDON BROKER RATINGS: BofA raises Rightmove; Berenberg cuts Bunzl

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon: