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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: 151.30
Bid: 150.40
Ask: 150.70
Change: 4.30 (2.93%)
Spread: 0.30 (0.199%)
Open: 147.30
High: 151.30
Low: 144.90
Prev. Close: 147.00
WG. Live PriceLast checked at -

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Sector Movers: Real estate and housebuilders in the green, but tobacco takes a hit

Thu, 19th Mar 2015 14:35

The UK 2015 Budget continues to impact market sentiment as real estate and housebuilding stocks followed oil and gas services companies in posting an uptick in performance.In his final budget before the General Election on May 7, Chancellor George Osborne announced a series of measures considered to be price positive for shares in both sectors.In a bid to appease those wanting to get on the property ladder, Osborne put forward plans for an ISA for first-time buyers which would see the government add 25% on top of the amount saved by potential homebuyers.Housebuilder Crest Nicholson led the way on Thursday morning on the back of posting a 10% rise in its sales rate on an annualised basis. The company's shares rose by over 4% to 443p. Its rivals also benefited from the feel good factor with Barratt Developments up 0.28% to 530p, Bovis Homes up 0.57% to 967.50p, and Taylor Wimpey up 0.59% to 154.10p at 15:15 GMT. Overall, the home & household good sector saw an uptick of 1.03% or 147.86 points to 14,465.29.On a related note, real estate services provider Savills posted a 21% increase in pre-tax profit to £84.7m, as revenue rose 19% to £1.08bn. The company's shares were trading 4% higher at 809p at 15:15 GMT. Additionally, rival Countrywide saw its shares rise 3.74% to 554.50p while Foxtons saw a 6.1% uptick 208.75.Oil and gas services companies with exposure to the North Sea carried positivity over from Wednesday into Thursday's trading session despite ongoing turmoil in the oil markets. On Wednesday, the Chancellor said the petroleum revenue tax (PRT) would be slashed from 50% to 35% to support investment in older fields. The supplementary charge will also be cut from 30% to 20% and backdated to January. It follows an earlier reduction from 32% to 30% announced in Osborne's Autumn Statement last December.The move provides a shot in the arm for oil equipment and services companies. The sub-sector index came in at 18,403.95 points up 354.14 points of 1.91%, with key players Amec, Petrofac, Lamprell and Wood Group all trading in the green.However, going the other way, tobacco was the worst performing sector of day plummeting 3.13% or 1,398.54 points to 43,215.41. Blue chips British American Tobacco came in at 3651p down 3.82% or 145p while Imperial Tobacco shed 54p or 1.69% to 3148p. The UK government's decision to introduce plain cigarette packaging is said to be denting sentiment, even though a legal challenge from the industry is thought to be on the cards.Leading Sectors:Oil Equipment, Services & Distribution 18488.07 +429.26 +2.38%Real Estate Investment Trusts 3404.05 +46.19 +138%Household Goods & Home Construction 14,503.56 +186.13 +1.30%Oil & Gas Producers 7047.18 +86.36 1.24%Mining 13839.04 +147.87 1.08%
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29 Apr 2024 09:47

IN BRIEF: John Wood promotes Houston-based exec to lead strategy

John Wood Group PLC - Aberdeen, Scotland-based consulting and engineering for energy and materials sectors - Promotes Jennifer Richmond to chief strategy officer, a newly created role, from executive president of strategy & development. Richmond will be based in Houston, Texas and report to Chief Executive Officer Ken Gilmartin. She joined Wood in 2022 from New York-listed engineering peer Jacobs Solution Inc. Wood says Richmond will focus on "accelerating sustainable growth in energy and materials" and "realising further value for our stakeholders". The appointment comes after Wood earlier this month came under pressure from a large shareholder to explore a sale or a US listing to maximise value.

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16 Apr 2024 12:47

Sparta Capital urges Wood Group to seek sale, rethink UK listing

LONDON, April 16 (Reuters) - Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday.

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16 Apr 2024 10:33

Sparta Capital urges Wood Group to seek sale, rethink UK listing

LONDON, April 16 (Reuters) - Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday.

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16 Apr 2024 07:01

PRESS: John Wood faces call to set itself up for sale from shareholder

(Alliance News) - John Wood Group PLC is facing a call from a large shareholder to explore a sale, Sky News reported on Monday evening.

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8 Apr 2024 09:25

Berenberg cuts Wood Group target on weak cash generation

(Sharecast News) - Wood Group is "on the right track" with its turnaround, according to Berenberg, but the broker still cut its target price for shares of the energy and materials engineering and consulting business following the group's recent results.

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8 Apr 2024 09:13

LONDON BROKER RATINGS: Wizz Air raised; HSBC cuts Rentokil to 'hold'

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

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26 Mar 2024 17:06

London close: Stocks rise as US consumer confidence remains stable

(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.

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26 Mar 2024 16:59

LONDON MARKET CLOSE: FTSE 100 closes higher on busy corporate day

(Alliance News) - Stock prices in London closed higher on Tuesday, as investors are waiting to see a key inflation reading from the US on Friday.

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26 Mar 2024 09:34

Wood Group eyes cost cuts as hails "significant progress" on strategy

(Alliance News) - John Wood Group PLC on Tuesday announced improved annual earnings, lifted its outlook and announced a "simplification programme" to trim costs.

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26 Mar 2024 09:19

Wood Group misses estimates for 2023 but upgrades guidance

(Sharecast News) - Shares in Wood Group slumped on Tuesday despite an upgrade to its current-year outlook, as the engineering company reported wider-than-expected losses and increased debt levels for 2023.

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19 Mar 2024 15:54

UK earnings, trading statements calendar - next 7 days

Wednesday 20 March 
Computacenter PLCFull Year Results
EKF Diagnostics Holdings PLCFull Year Results
Eurocell PLCFull Year Results
FDM Group PLCFull Year Results
Investec PLCTrading Statement
IQGeo Group PLCFull Year Results
Kenmare Resources PLCFull Year Results
Prudential PLCFull Year Results
VietNam Holding LtdHalf Year Results
Thursday 21 March 
Aptitude Software Group PLCFull Year Results
Aquis Exchange PLCFull Year Results
Centamin PLCFull Year Results
Direct Line Insurance Group PLCFull Year Results
Dowlais Group PLCFull Year Results
Energean PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Hostelworld Group PLCFull Year Results
Ithaca Energy PLCFull Year Results
M&G PLCFull Year Results
National World PLCFull Year Results
Next PLCFull Year Results
Science Group PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Tribal Group PLCFull Year Results
Friday 22 March 
Dunedin Enterprise Investment Trust PLCFull Year Results
JD Wetherspoon PLCHalf Year Results
Phoenix Group Holdings PLCFull Year Results
SkinBioTherapeutics PLCHalf Year Results
Monday 25 March 
Amaroq Minerals LtdFull Year Results
Baillie Gifford Shin Nippon PLCFull Year Results
Central Asia Metals PLCFull Year Results
Gamma Communications PLCFull Year Results
Henry Boot PLCFull Year Results
Impact Healthcare REIT PLCFull Year Results
Kingfisher PLCFull Year Results
Pennon Group PLCTrading Statement
Princess Private Equity Holding LtdTrading Statement
RTC Group PLCFull Year Results
Tandem Group PLCFull Year Results
Ocean Harvest Technology Group PLCFull Year Results
Octopus Renewables Infrastructure Trust PLCFull Year Results
Virgin Wines UK PLCHalf Year Results
US Solar Fund PLCFull Year Results
Tuesday 26 March 
888 Holdings PLCFull Year Results
AG Barr PLCFull Year Results
Airea PLCFull Year Results
Bellway PLCHalf Year Results
CAB Payments Holdings PLCFull Year Results
CPPGroup PLCFull Year Results
Fevertree Drinks PLCFull Year Results
Flutter Entertainment PLCFull Year Results
Forterra PLCFull Year Results
Genel Energy PLCFull Year Results
GetBusy PLCFull Year Results
Good Energy Group PLCFull Year Results
Inspired PLCFull Year Results
John Wood Group PLCFull Year Results
Life Science REIT PLCFull Year Results
Luceco PLCFull Year Results
Michelmersh Brick Holdings PLCFull Year Results
NIOX Group PLCFull Year Results
Ocado Group PLCTrading Statement
Petershill Partners PLCFull Year Results
Regional REIT LtdFull Year Results
Smiths Group PLCHalf Year Results
Softcat PLCHalf Year Results
Time Finance PLCTrading Statement
TruFin PLCFull Year Results
WAG Payment Solutions PLCFull Year Results
Xaar PLCFull Year Results
YouGov PLCHalf Year Results
  
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15 Feb 2024 09:20

IN BRIEF: John Wood Group adds Babcock CEO David Lockwood to board

John Wood Group PLC - Aberdeen, Scotland-based energy and materials engineering and consulting - Hires David Lockwood as non-executive director, joining the board on March 12. Lockwood is the chief executive officer of London-based aerospace and defence contractor Babcock International Group PLC. Prior to Babcock, Lockwood was CEO of Babcock peer Cobham PLC and of electronics firm Laird PLC. Wood Chair Roy Franklin says Lockwood "is an innovative leader who has led large-scale company transformations and consistently delivered value for shareholders, making him a strong addition to Wood's board." Babcock welcomes the appointment, believing it will be "beneficial to both organisations".

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29 Jan 2024 09:12

LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders

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

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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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