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Petrofac (PFC) Share News

UK AGM, EGM Calendar - Week Ahead

14th May 2014 15:15

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UK BROKER RATINGS: JPMorgan Raises BSkyB Price Target

12th May 2014 09:05

LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES WPP PRICE TARGET TO 1555 (1540) PENCE - 'BUY'<br />----------<br />BERNSTEIN RAISES RSA INSURANCE PRICE TARGET TO Read More

MARKET COMMENT: FTSE 100 Snaps Three Week Winning Streak

9th May 2014 16:06

LONDON (Alliance News) - The FTSE 100 closed firmly down Friday, ensuring that it ended the week lower than in started it for the first time in four weeks, as investors looked to shed typically risky assets, including equities, ahead of a controversial referendum in eastern Ukraine this weeken Read More

UK MIDDAY BRIEFING: IAG On Steady Path, Petrofac Dives

9th May 2014 11:50

LONDON (Alliance News) - Oil and gas services company<strong> Petrofac</strong> Friday issued a profit warning after it said the planned development of the Greater Stella Area oil field in the North Sea would be delayed until next spring, it was hit by low output at a Romanian oil field, and w Read More

UK WINNERS & LOSERS: Petrofac And Tullett Prebon Lead Indices Lower

9th May 2014 10:42

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>WPP</strong>, up 0.5%. Shares in the media buying giant have risen after France-based P Read More

TOP NEWS: IGas Acquisition To Make It Biggest Gas Fracker In UK

9th May 2014 10:27

LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>IGas Energy</strong> PLC said it had an agreed deal to buy Dart Energy Ltd for GBP117.1 million in shares, a deal that will create a comp Read More

MARKET COMMENT: Stocks Pull Back As Putin Parades His Troops

9th May 2014 09:54

LONDON (Alliance News) - UK stocks trade lower Friday, with investors consolidating positions ahead of a weekend likely to bring further tension in Ukraine as pro-Russian militants in the east of the country push ahead with a referendum on seceding from the country. By mid-morning Friday th Read More

Ithaca Energy Announces Delays At Greater Stella Area Development

9th May 2014 09:32

LONDON (Alliance News) - Ithaca Energy Inc Friday said it has been hit by delays at the Greater Stella Area development in the North Sea, moving back production until mid 2015. The oil and gas exploration and development company said the topsides construction programme has advanced more slo Read More

UK MORNING BRIEFING: Petrofac Drops 15% On Profit Warning

9th May 2014 07:29

LONDON (Alliance News) - Two profit warnings and continued worries about Ukraine and Russia have depressed UK share prices at the open Friday.<br /><br />Both<strong> Petrofac</strong> and <strong>Drax Group </strong>issued profit warnings prior to the open. Petrofac is down 15% at the open, w Read More

Petrofac Issues Profit Warning On Greater Stella Development Delay

9th May 2014 07:02

LONDON (Alliance News) - Petrofac Ltd Friday said it has achieved good Engineering, Construction, Operations & Maintenance progress in its first quarter, but it warned that net profit will fall in 2014 due to lower-than-expected earnings from its Integrated Energy Services operations, due partly Read More

UK BROKER RATINGS: Berenberg Raises St James's Place Price Target

17th Apr 2014 09:04

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS WILLIAM HILL TO 'HOLD' ('BUY') <br />----------<br />GOLDMAN CUTS IMPERIAL TOBACCO TO 'BUY' ('CONVICTION BUY LI Read More

DIRECTOR DEALINGS: Petrofac CFO Acquires Shares

16th Apr 2014 10:21

LONDON (Alliance News) - Petrofac Limited PLC Wednesday said Chief Financial Officer Tim Weller acquired nine shares at a price of GBP14.10 per share under the company share incentive plan Tuesday. Shares in the oil and gas company were trading at 1,403.00 pence up 1.6% Wednesday morning.</ Read More

UK MIDDAY BRIEFING: Imperial Tobacco To Close Two European Factories

15th Apr 2014 11:59

LONDON (Alliance News) -<strong> Imperial Tobacco Group</strong> Tuesday said it will close factories in Nottingham and in Nantes in France with the loss of up to 900 jobs, in response to the continuing downturn in European cigarette markets.<br /><br />Companies including GKN, Aggreko and rec Read More

Petrofac Wins New North Sea Wind Farm Connection Deal With Siemens

15th Apr 2014 09:09

LONDON (Alliance News) - Petrofac Ltd Tuesday said it had won a contract to connect a North Sea wind farm to the German-Dutch transmission grid in consortium with Germany's Siemens AG. It didn't provide any financial details. In a statement, the company said it had won the contract fr Read More

UK BROKER RATINGS: HSBC Cuts G4S To Underweight

10th Apr 2014 09:18

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES BT GROUP TO 'NEUTRAL' ('SELL') - TARGET 360 (350) PENCE <br />----------<br />HSBC CUTS G4S TO 'UNDERWEIGHT' <br /> Read More

UK MIDDAY BRIEFING: Centamin Soars As Production Beats Expectations

24th Mar 2014 13:15

LONDON (Alliance News) - Metals and minerals producer <strong>Centamin</strong> is leading the FTSE 250 index Monday despite reporting a hit to pretax profit in 2013, due to a large exceptional cost, but a significant increase in revenue and production.<br /><br />Centamin said pretax profit f Read More

Petrofac Gets Engineering and Procurement Contract In Oman

24th Mar 2014 08:33

LONDON (Alliance News) - Oil and gas services provider Petrofac Ltd Monday said it has won an engineering and procurement contract from Petroleum Development Oman to provide services for its Rabab Harweel Integrated Project in the Harweel Cluster of fields in the south of the Sultanate of Oman.</ Read More

UK MORNING BRIEFING: Shares Open Mixed; Kentz Expects Strong 2014

24th Mar 2014 08:27

LONDON (Alliance News) - Shares have opened mixed Monday despite a strong lead from Asian markets, as tensions in Ukraine continue to concern investors.<br /><br /><strong>Kentz</strong> Corp said its pretax profit increased in 2013 driven by revenue growth at its Technical Support Services di Read More

DIRECTOR DEALINGS: Petrofac CFO Buys Partnership Shares

18th Mar 2014 11:06

LONDON (Alliance News) - Petrofac Limited PLC Tuesday said Chief Financial Officer Tim Weller bought nine partnership shares under the company's share incentive plan at a price of GBP13.76 per share Monday. Shares in the oil and gas company were down 0.5% at 1,359.84 pence Tuesday morning.< Read More

UK BROKER RATINGS: Numis Cuts RSA To Reduce; Shore Cuts RBS To Hold

27th Feb 2014 10:13

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MORGAN STANLEY RAISES WEIR PRICE TARGET TO 2250 (2040) PENCE - 'EQUAL-WEIGHT' <br />----------<br />UBS RAISES WEIR GROUP PRIC Read More

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