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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: 152.00
Bid: 151.80
Ask: 152.10
Change: 2.20 (1.47%)
Spread: 0.30 (0.198%)
Open: 149.40
High: 153.50
Low: 149.40
Prev. Close: 149.80
WG. Live PriceLast checked at -

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Sector movers: Oil stocks under pressure as crude continues to slide

Mon, 08th Dec 2014 15:27

An on-going slide in the price of oil was weighing on the oil and gas sector again on Monday with crude prices falling to their lowest level in five years.West Texas Intermediate (WTI) futures for January delivery were down 2.4% at $64.27 a barrel by the afternoon in London, while Brent for January delivery was 2.9% lower at $67.07 a barrel.WTI was extending losses after reaching $65.84 on Friday, its lowest close since July 2009, while Brent dropped as low as $66.77 on Monday, its worst intra-day level since October 2009.Crude is still under pressure in the aftermath of a meeting last month of the Organization of Petroleum Exporting Countries (OPEC) at which members resisted calls to scale back output amid a supply glut.Morgan Stanley on Monday lowered its estimate for Brent crude next year from $98 to just $70 a barrel, saying: "Without OPEC intervention, markets risk becoming unbalanced, with peak oversupply likely in the second quarter of 2015."A number of heavyweight oil stocks were suffering losses in London including Shell, Tullow Oil, BG Group and BP. FTSE 250 peers Afren, Enquest and Ophir Energy were also out of favour.Oil equipment, services and distribution stocks were also feeling the impact on continuing concerns that producers will scale back or defer spending on their projects.In a research report last week, analysts at Barclays estimated that capital expenditure at oil companies across Europe will decline by 7%.Oilfield services peers Petrofac, Wood Group and Hunting were all trading with heavy losses.Top performing sectors so far todayTechnology Hardware & Equipment 1,157.16 +1.13%Insurance (non-life) 1,894.07 +0.12%Software & Computer Services 1,250.29 +0.04%Bottom performing sectors so far todayForestry & Paper 11,643.84 -1.91%Oil & Gas Producers 7,097.79 -1.91%Construction & Materials 4,075.97 -1.72%Food Producers & Processors 8,276.61 -1.70%Oil Equipment, Services & Distribution 16,888.17 -1.35%
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12 Jan 2024 17:01

LONDON MARKET CLOSE: Stocks in green thanks to US PPI reading

(Alliance News) - Stock prices in Europe ended the week on a positive note, as US producer price inflation repaired some of the damages from Thursday's consumer price reading.

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12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

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12 Jan 2024 12:14

CORRECT: LONDON MARKET MIDDAY: Stocks rise after promising UK GDP data

(Correcting euro quote.)

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12 Jan 2024 12:02

LONDON MARKET MIDDAY: Stocks rise after promising UK economic data

(Alliance News) - Stock prices in London were up at midday on Friday, clawing back some recent weakness, following a positive UK gross domestic product reading, and as investors digest the first wave of US quarterly earnings.

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12 Jan 2024 08:32

TOP NEWS: John Wood revenue grows across business; confident for 2024

(Alliance News) - John Wood Group PLC on Friday said that 2023 trading was in line with expectations, with contract wins and strong order book expected to drive growth through 2024.

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12 Jan 2024 07:05

Strong order book boosts Wood Group earnings

(Sharecast News) - Oil industry services company Wood Group said full-year adjusted core earnings would be slightly ahead of expectations on the back of a strong order book.

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20 Dec 2023 17:11

LONDON MARKET CLOSE: Stocks in festive mood after inflation surprise

(Alliance News) - Stocks in London soared on Wednesday, outperforming European peers, after a sharp drop in the annual rate of UK inflation fuelled hopes for interest rate cuts next year.

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20 Dec 2023 17:04

LONDON MARKET CLOSE: Slowing UK consumer inflation lifts local stocks

(Alliance News) - Stock prices in London closed up on Wednesday as local consumer price inflation slowing faster than expected boosted investor sentiment.

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20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

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20 Dec 2023 10:00

John Wood appoints "business leaders" to leadership team

(Alliance News) - John Wood Group PLC on Wednesday announced the appointment of replacements for its outgoing human resources leader and group general counsel.

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19 Dec 2023 09:14

Berenberg lowers target price on John Wood Group

(Sharecast News) - Analysts at Berenberg lowered their target price on engineering and consulting business John Wood Group from 200.0p to 180.0p on Tuesday, noting it still sees opportunities elsewhere in the sector.

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19 Dec 2023 09:11

LONDON BROKER RATINGS: Peel Hunt raises Flutter to 'buy' from 'hold'

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

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9 Nov 2023 11:22

John Wood quarterly revenue up on growth across all units

(Alliance News) - John Wood Group PLC on Thursday said sales growth across all of its units helped boost its quarterly revenue, and added its full year expectations remain unchanged.

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9 Nov 2023 08:27

Wood Group reiterates FY guidance

(Sharecast News) - Engineering and consulting business John Wood Group reiterated its full-year outlook on Thursday after securing "significant contract wins" in the third quarter.

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2 Nov 2023 15:57

UK earnings, trading statements calendar - next 7 days

Friday 3 November 
no events scheduled 
Monday 6 November 
Kingspan Group PLCTrading Statement
Kosmos Energy LtdQ3 Results
Ryanair Holdings PLCHalf Year Results
Tuesday 7 November 
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Beazley PLCQ3 Results
Direct Line Insurance Group PLCTrading Statement
dotdigital Group PLCFull Year Results
IWG PLCQ3 Results
Persimmon PLCTrading Statement
RS Group PLCHalf Year Results
Vaalco Energy IncQ3 Results
Watches of Switzerland Group PLCTrading Statement
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ITV PLCTrading Statement
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Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Secure Trust Bank PLCTrading Statement
Smiths News PLCFull Year Results
Time Out Group PLCFull Year Results
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Apax Global Alpha LtdQ3 Results
AstraZeneca PLCQ3 Results
Auto Trader Group PLCHalf Year Results
B&M European Value Retail SAHalf Year Results
Domino's Pizza Group PLCTrading Statement
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Flutter Entertainment PLCTrading Statement
IMI PLCTrading Statement
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John Wood Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
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Renewi PLCHalf Year Results
S4 Capital PLCTrading Statement
Tate & Lyle PLCHalf Year Results
Taylor Wimpey PLCTrading Statement
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TheWorks.co.uk PLCTrading Statement
Trakm8 Holdings PLCHalf Year Results
Urban Logistics REIT PLCHalf Year Results
Vistry Group PLCTrading Statement
WH Smith PLCFull Year Results
Wincanton PLCHalf Year Results
Wizz Air Holdings PLCHalf Year Results
  
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