Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWood Group (J) Share News (WG.)

Share Price Information for Wood Group (J) (WG.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 152.00
Bid: 151.80
Ask: 152.10
Change: 0.00 (0.00%)
Spread: 0.30 (0.198%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 152.00
WG. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sector movers: Oil services stocks drop, defensives in demand

Tue, 10th Apr 2012 15:09

Drugs and utilities stocks were among the few making gains on Tuesday afternoon, as investors sought 'safer', more defensive assets on the back of some gloomy employment data out from the US on Friday.GlaxoSmithKline and AstraZeneca were providing a lift in the pharmaceuticals and biotechnology sector, while Severn Trent, United Utilities and National Grid were boosting the gas, water and multiutlities sector.In contrast, oil equipment, services and distribution stocks were widely sold off with FTSE 100 oilfield services outfit Petrofac down over 4% after Liberum Capital downgraded the stock from buy to hold.Meanwhile, oil and gas engineering peers Wood Group and AMEC were also heavy fallers despite the Financial Times yesterday highlighting the two businesses as potential beneficiaries of the upcoming decommissioning of North Sea infrastructure in the coming years. The paper cited Neil Bruce, Chief Operating Officer of AMEC, as saying that the market for decommissioning platforms in the region is "huge". "There are more than 500 fixed installations in production and the eventual cost to decommission them and all the other facilities over the next 30 or so years could be in the many tens of billions of pounds," he said.Penny stock Rock Solid Images was a big mover, dropping over 40% after it said on Thursday that it had signed agreements in relation to a $1m credit facility with two of its largest shareholders. The drilling consulting firm had been hit by operational delays in processing client data in January and February which required it to strengthen its working capital base, the company said.Top performing sectors so far todayPharmaceuticals & Biotechnology 9,686.40 +0.86%Gas, Water & Multiutilities 4,894.84 +0.75%Construction & Materials 3,394.11 +0.16%Electricity 8,371.28 +0.16%Mobile Telecommunications 3,983.48 +0.11%Bottom performing sectors so far todayOil Equipment, Services & Distribution 25,786.17 -3.42%Automobiles & Parts 4,533.51 -2.95%Industrial Metals & Mining 3,869.82 -2.80%Mining 19,712.22 -2.11%Industrial Engineering 7,438.00 -2.04%BC
More News
17 Apr 2023 11:55

TSMC: Overcrowded?

STOXX 600 up 0.1%

*

Read more
17 Apr 2023 11:34

European banks brace for earnings season

STOXX 600 up 0.1%

*

Read more
17 Apr 2023 09:41

STOXX hits 14-month high

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

STOXX HITS 14-MONTH HIGH (0835 GMT)

Read more
17 Apr 2023 09:15

TOP NEWS: John Wood jumps amid takeover talks with Apollo

(Alliance News) - John Wood Group PLC on Monday said it has decided to engage with Apollo Management Holdings LP to see if a firm takeover offer can be made by the private equity firm on the same financial terms as Apollo's last proposal.

Read more
17 Apr 2023 09:05

LONDON MARKET OPEN: FTSE 250 lifted by M&A activity, Royal Mail deal

(Alliance News) - Stock prices in London opened higher on Monday, with the large-cap FTSE 100 index boosted by commodity stocks and the mid-cap FTSE 250 lifted by prospective dealmaking.

Read more
17 Apr 2023 07:52

LONDON BRIEFING: Possible offers for Network International, John Wood

(Alliance News) - Stock prices in London were called higher on Monday, following Asian equities into the green.

Read more
17 Apr 2023 07:45

European futures edge higher

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

EUROPEAN FUTURES EDGE HIGHER (0639 GMT)

Read more
17 Apr 2023 07:04

Wood Group opens talks with Apollo on possible £1.6bn bid

(Sharecast News) - Shares in Wood Group surged on Monday after the oil and gas engineering firm said it had decided to start talks with US private equity group Apollo on a potential £1.66bn takeover.

Read more
13 Apr 2023 09:48

LONDON BROKER RATINGS: HSBC lifts housebuilders; Peel cuts Britvic

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

Read more
4 Apr 2023 17:52

IN BRIEF: John Wood notes possible offer by Apollo for share capital

John Wood Group PLC - Aberdeen, Scotland-based energy sector-focused engineering and consulting business - Notes announcement by Apollo Management Holding LP of a possible offer for the entire share capital of the company at a final price of 240 pence per share in cash. The offer represents a 59% premium to the closing price of 151p, and a 20% premium to the initial proposal submitted to Wood of 200p per share in cash. It follows news that Apollo's last offer of 237p was privately rejected by the board of Wood.

Read more
4 Apr 2023 16:59

Apollo sweetens bid for Britain's Wood Group with $2.1 bln offer

Wood privately rejected fourth offer - Apollo

*

Read more
4 Apr 2023 16:15

Apollo makes final takeover offer for Wood Group at £1.66bn

(Sharecast News) - Private equity firm Apollo Global Management said on Tuesday that it has made a fifth and final takeover offer for engineering firm Wood Group at £1.66bn.

Read more
31 Mar 2023 14:47

Berenberg downgrades Wood Group after outperformance

(Sharecast News) - Berenberg downgraded Wood Group on Friday to 'hold' from 'buy' following recent outperformance, as it lifted its price target to 200p from 165p due to "the improved outlook", but said near-term risks are somewhat balanced.

Read more
31 Mar 2023 10:01

LONDON BROKER RATINGS: UBS likes Beazley; Berenberg cuts Wood Group

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

Read more
31 Mar 2023 07:56

LONDON BRIEFING: UK avoids recession in 2022; house prices down 3%

(Alliance News) - Stocks in London were called to open flat on Friday, amid better-than-expected UK GDP figures.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.