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

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

London Stock Exchange
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Share Price: 195.80
Bid: 195.60
Ask: 196.00
Change: -0.50 (-0.25%)
Spread: 0.40 (0.204%)
Open: 197.80
High: 199.90
Low: 195.20
Prev. Close: 196.30
WG. Live PriceLast checked at -

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Sector movers: Oil stocks drops as IEA warns of further crude declines

Fri, 13th Mar 2015 15:51

A fall in oil prices was hitting shares in the energy sector on Friday after the International Energy Agency (IEA) warned that crude may have further to fall.In its monthly report, the Paris-based institution said that the partial rebound that occurred at the start of the year seems to have paused with Brent having become range-bound at around $60 a barrel."Behind the facade of stability, the re-balancing triggered by the price collapse has yet to run its course, and it might be overly optimistic to expect it to proceed smoothly," the IEA said.It said that US supply has showed "little sign of slowing down [and] continues to defy expectations".Brent was trading 2% lower at $55.92 a barrel in afternoon trade.Producers BG Group, Tullow Oil, Soco International and Premier Oil were all trading with heavy losses in London, along with oil and gas services groups Hunting, Wood Group and Petrofac.However, Afren was the standout faller, dropping 29% after the struggling oil and gas group proposed a debt-for-equity swap with creditors to address its funding needs and recapitalise its capital structure.Afren said the plan "will result in substantial dilution for existing shareholders", though if shareholders don't approve the plan, the company will have no choice but to initiate a sale.Top performing sectors so far todayAutomobiles & Parts 8,608.76 +1.71%Technology Hardware & Equipment 1,387.00 +1.64%Real Estate Investment Trusts 3,255.32 +1.33%Electronic & Electrical Equipment 4,335.82 +1.08%Mobile Telecommunications 4,986.34 +1.00%Bottom performing sectors so far todayOil Equipment, Services & Distribution 17,064.66 -2.89%Mining 13,412.64 -2.50%Industrial Metals & Mining 1,826.94 -2.37%Oil & Gas Producers 6,660.87 -1.90%Electricity 8,757.16 -1.60%
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(Alliance News) - Stock prices in Europe close higher on Thursday, after the European Central Bank cut its interest rates for the first time since 2019.

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FTSE 100 up 0.5%, FTSE 250 adds 0.2%

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6 Jun 2024 12:00

LONDON MARKET MIDDAY: Europe gets boost ahead of ECB rate call

(Alliance News) - Major European indices got a boost on Thursday, as investors eye the European Central Bank's latest interest rate decision.

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6 Jun 2024 07:34

Wood Group to 'engage' with Sidara on takeover proposal

(Sharecast News) - Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.

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5 Jun 2024 19:18

TOP NEWS: John Wood decides to engage with Sidara over possible bid

(Alliance News) - John Wood Group PLC on Wednesday said it has decided to engage with Dar Al-Handasah Consultants Shair & Partners Holdings Ltd after evaluating a fourth bid proposal received last Wednesday.

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29 May 2024 16:58

LONDON MARKET CLOSE: Stocks fall as US Treasury yields widen

(Alliance News) - Stock prices in Europe declined on Wednesday with markets nervy ahead of US data later this week, and as investors digest hawkish words from a US central banker.

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29 May 2024 15:35

TOP NEWS: John Wood gets "fourth and final" Sidara takeover bid

(Alliance News) - John Wood Group PLC on Wednesday confirmed that Dar Al-Handasah Consultants Shair & Partners Holdings Ltd has made another cash takeover offer.

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29 May 2024 14:55

Sidara raises proposed buyout offer for UK's Wood Group for third time

May 29 (Reuters) - Dubai-based engineering and consulting firm Sidara on Wednesday raised its proposed takeover offer for John Wood Group for the third time, saying that was its "final offer" for the British oilfield services and engineering company.

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29 May 2024 14:04

Sidara makes final takeover approach to Wood Group at 230p a share

(Sharecast News) - Wood Group said on Wednesday that it was evaluating a fourth and final "unsolicited, preliminary and conditional" takeover proposal from Dubai-based engineering and consulting firm Sidara at 230p a share.

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24 May 2024 17:05

LONDON MARKET CLOSE: FTSE 100 stumbles as rain dampens retail sales

(Alliance News) - Stock prices in London closed mixed on Friday, with the FTSE 100 finishing lower, but smaller indices ending in the green.

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24 May 2024 15:19

London close: Stocks mixed after disappointing retail sales data

(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.

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24 May 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 in red as UK election heats up

(Alliance News) - Stock prices in London were mostly in the red at midday Friday, as the UK election debate heats up and retail sales come in below expectations.

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24 May 2024 09:53

TOP NEWS: John Wood spurns third takeover approach from Sidara

(Alliance News) - John Wood Group PLC on Friday said it rejected a third takeover approach from Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara.

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24 May 2024 07:52

LONDON BRIEFING: UK retail sales fall amid wet April; Co-Op Bank deal

(Alliance News) - Stocks are called to open lower on Friday, following New York lower, as hopes of interest rate cuts have come into question.

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24 May 2024 07:02

Wood Group rejects new 220p-a-share approach from Sidara

(Sharecast News) - Wood Group said it had rejected a third unsolicited £1.52bn takeover proposal from rival Dubai-based engineering and consulting company Sidara, saying it continued to "significantly undervalue" the group and its prospects.

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