PYX Resources: Achieving volume and diversification milestones. 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: 186.20
Bid: 185.90
Ask: 186.50
Change: -1.20 (-0.64%)
Spread: 0.60 (0.323%)
Open: 192.00
High: 192.00
Low: 182.50
Prev. Close: 187.40
WG. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wood Group expects annual earnings to be in line with expectations

Wed, 13th May 2015 09:03

Oil and gas service company John Wood Group reported an expected decline in overall performances in 2015.However, the company said the decline was anticipated and reflected the "relative resilience" of its business and it expected its full-year earnings to be in line with expectations.In a statement on Wednesday, the FTSE 250 group said it aimed to reduce its costs by $30m (£19.1m) in the remained of 2015, adding it expected to deliver "strong cash flow" and that it had a strong balance sheet which provides security and flexibility.Wood Group's said its upstream division remain subdued, while its downstream division was performing well.A decline in the rig count in the US combined with a reduction in contractor rates in the North Sea weighed on the group's PSN division, which services brownfield operations, although Wood Group said there were longer-term opportunities in the sector.Meanwhile, the company has secured a five-year deal worth $250m with oil giant BP, which will see the company deliver engineering, procurement and construction services to BP's 13 upstream offshore facilities in Trinidad.Wood Group shares were up 2.21% to 715.50p at 09:33 on Wednesday.
More News
3 Jul 2023 08:40

TOP NEWS: John Wood wins USD250 million Brunei contract extension

(Alliance News) - John Wood Group PLC on Monday said it was awarded a two-year contract extension by Brunei Shell Petroleum Co.

Read more
3 Jul 2023 07:46

LONDON BRIEFING: Tesco names Burberry's Gerry Murphy as new chair

(Alliance News) - Stocks in London are expected to edge higher at the open on Monday, after the second half of 2023 got off to a strong start in Asia.

Read more
3 Jul 2023 07:33

Wood Group secures $250m contract extension in Brunei

(Sharecast News) - Wood Group said on Monday that it has secured a $250m contract extension from Brunei Shell Petroleum, Brunei's largest energy producer.

Read more
14 Jun 2023 14:58

Petrofac Ithaca, Wood Group workers to resume North Sea strike

June 14 (Reuters) - British union Unite said on Wednesday that North Sea offshore oil and gas workers employed by Petrofac on the FPF1 platform, and by the Wood Group UK Limited on TAQA platforms will resume strike action over pay next week.

Read more
14 Jun 2023 14:21

Petrofac Ithaca, Wood Group workers to resume strike action, Unite says

June 14 (Reuters) - British union Unite said on Wednesday that offshore workers employed by Petrofac on the FPF1 platform, and the Wood Group UK Limited on TAQA platforms will resume strike action next week.

Read more
2 Jun 2023 11:43

UK "seen as less accommodating" for big business, despite Dechra deal

(Alliance News) - Analysts were divided over what the latest takeover deal for a London mid-cap means for the wider financial market in the UK.

Read more
26 May 2023 09:41

LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre

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

Read more
19 May 2023 14:54

John Wood investor Sparta Capital calls for buyback again

(Alliance News) - John Wood Group PLC should announce a share buyback programme to reverse its "material undervaluation", a shareholder said on Friday.

Read more
15 May 2023 17:22

London stocks start week strong as banks, miners rise

Currys up after lifting annual earnings forecast

*

Read more
15 May 2023 17:11

European stocks rise as investors assess politics, economic data

Spanish lender BBVA hit by Turkey troubles

*

Read more
15 May 2023 16:55

LONDON MARKET CLOSE: Miners lift FTSE 100 in lukewarm start to week

(Alliance News) - Mining shares helped the FTSE 100 outperform on Monday, though peers in Europe only achieved minor gains in a tepid start to the week.

Read more
15 May 2023 13:24

Okay, Boomer: The most popular stocks by generation

STOXX 600 up 0.3%

*

Read more
15 May 2023 12:22

LONDON MARKET MIDDAY: Stocks mostly up, but US budget impasse worries

(Alliance News) - Stock prices in London were largely higher at midday on Monday and the pound held firm against the dollar, with the FTSE 100 boosted by a strong performance by mining stocks.

Read more
15 May 2023 12:11

Wood Group shares sink after Apollo abandons 1.7 bln pound bid

May 15 (Reuters) - Shares in John Wood Group were on track for their biggest one-day drop on record on Monday after U.S.-based Apollo Global Management said it would not proceed with a takeover of the British engineering services firm on its fifth attempt.

Read more
15 May 2023 11:21

Investors query how much steam luxury rally has left

STOXX 600 up 0.3%

*

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.