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United Kingdom

John Wood Group PLC (WG.L)

WG.L on London Stock Exchange

523.20GBp
15 Feb 2019
Change (% chg)

11.20 (+2.19%)
Prev Close
512.00
Open
509.80
Day's High
527.60
Day's Low
509.80
Volume
2,092,980
Avg. Vol
2,572,441
52-wk High
801.20
52-wk Low
481.00

Latest Key Developments (Source: Significant Developments)

Wood Group & KBR Win Crux Feed Project Offshore Western Australia
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - John Wood Group PLC ::WOOD AND KBR WIN CRUX FEED PROJECT OFFSHORE WESTERN AUSTRALIA.CO, KBR SECURED NEW MULTIMILLION DOLLAR CONTRACT TO DELIVER INTEGRATED FRONT-END ENGINEERING DESIGN FOR SHELL AUSTRALIA'S CRUX PROJECT.  Full Article

Wood Group Wins $66 Mln Sellafield Control System Framework Contract
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - John Wood Group PLC ::WOOD GROUP (JOHN)PLC - WOOD WINS $66M SELLAFIELD CONTROL SYSTEM FRAMEWORK.JOHN WOOD GROUP PLC - WON A CONTRACT TO SUPPLY PROGRAMMABLE DIGITAL CONTROL TECHNOLOGIES TO SELLAFIELD NUCLEAR SITE IN CUMBRIA, UK.JOHN WOOD GROUP PLC - CONTRACT HAS 10-YEAR FRAMEWORK.  Full Article

Wood Plc Says Customers Not Cancelling Contracts Despite Volatile Oil Prices
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - John Wood Group PLC ::WOOD PLC, ON RECENT VOLATILITY IN OIL PRICES, SAYS CO IS NOT SEEING CUSTOMERS WALKING AWAY FROM COMMITMENTS OR CANCELLING CONTRACTS.WOOD PLC, ON RECENT VOLATILITY IN OIL PRICES, SAYS IT IS UNCLEAR WHAT IMPACT THAT WILL HAVE ON CUSTOMER SPENDING.  Full Article

Wood Group Expects FY EBITA To Be In Range Of C$620 Mln-C$630 Mln
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - John Wood Group PLC ::TRADING UPDATE.PERFORMANCE IS IN LINE WITH GUIDANCE AND EXPECTATIONS FOR YEAR ENDED TO 31 DECEMBER 2018.SECURED REVENUE SYNERGIES OF OVER $500M AND INCREASED OUR COST SYNERGY TARGETS TO OVER $210M FOR YEAR.FULL YEAR RESULTS WILL DEMONSTRATE GOOD ORGANIC REVENUE GROWTH.EXPECT FULL YEAR REVENUE TO BE UP OVER 10% ON PROFORMA 2017, IN REGION OF C$10.9BN - C$11.1BN.FULL YEAR EBITA IS EXPECTED TO BE IN RANGE OF C$620M-C$630M.NET DEBT TO EBITDA IS ANTICIPATED TO REDUCE TO AROUND 2.2X AT 31 DECEMBER 2018 (2.4X AT 30 JUNE 2018).LOOKING TO 2019, OUTLOOK REMAINS GENERALLY FAVOURABLE ACROSS OUR INDUSTRIAL END MARKETS.IN OIL & GAS RECENT VOLATILITY IN COMMODITY PRICES MAY IMPACT CONFIDENCE AND PACE OF CONTRACT AWARDS.MEDIUM TERM OUTLOOK REMAINS POSITIVE.ANTICIPATE FURTHER EARNINGS GROWTH IN 2019 UNDERPINNED BY ADDITIONAL COST SYNERGY DELIVERY WITH AN IMPACT OF AROUND $60M IN FY 2019.DELIVERED INCREASED COST SYNERGIES WITH AN IN YEAR BENEFIT OF C$55M IN FY 2018 EQUATING TO AN EXIT RUN RATE OF C$85M.  Full Article

Wood Group (John)PLC Wins $43 Mln Contract
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - John Wood Group PLC ::MAJOR PIPELINE WIN FOR WOOD.AWARDED A $43 MILLION CONTRACT BY A LARGE-CAP MIDSTREAM COMPANY TO CONSTRUCT 80 MILES OF STEEL PIPELINE IN WEST TEXAS..  Full Article

Wood Plc Awarded Contract Extension For Upper Zakum Oil Field Project
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - John Wood Group PLC ::WOOD PLC- WOOD AWARDED MULTIMILLION DOLLAR CONTRACT EXTENSION FOR UPPER ZAKUM OIL FIELD PROJECT.WOOD PLC- HAS SECURED A MULTIMILLION DOLLAR CONTRACT EXTENSION FROM ADNOC OFFSHORE FOR SERVICES TO THE THE UZ750 MEGA PROJECT OFFSHORE ABU DHABI..  Full Article

Wood Group Secures $53 Mln Of Contracts With Adnoc Onshore
Monday, 12 Nov 2018 

Nov 12 (Reuters) - John Wood Group PLC ::SAYS WOOD SECURES $53M OF CONTRACTS WITH ADNOC ONSHORE.SAYS AWARDED THREE NEW, CALL-OFF CONTRACTS TOTALING $53 MILLION BY ADNOC ONSHORE, A SUBSIDIARY OF ABU DHABI NATIONAL OIL COMPANY.  Full Article

John Wood Wins Support Service Contract From Britain's Nuclear Regulator
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - John Wood Group PLC ::JOHN WOOD GROUP PLC - HAS WON A CONTRACT TO PROVIDE UK'S OFFICE FOR NUCLEAR REGULATION WITH TECHNICAL SAFETY ADVICE AND SUPPORT.JOHN WOOD GROUP PLC - FOUR-YEAR FRAMEWORK COVERS ONR'S ACTIVITIES IN NEW BUILD, POWER GENERATION, DECOMMISSIONING AND DEFENCE.  Full Article

John Wood Group, Nobel Oil Enter Into JV Agreement In Azerbaijan
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - John Wood Group PLC ::JOHN WOOD GROUP PLC - WOOD AND NOBEL OIL ENTER INTO JOINT VENTURE AGREEMENT IN AZERBAIJAN.JOHN WOOD GROUP PLC - WOOD AND NOBEL OIL ENTER INTO JOINT VENTURE AGREEMENT IN AZERBAIJAN.JOHN WOOD- JV WILL PRIMARILY SUPPORT IN DELIVERY OF BROWNFIELD ENGINEERING, PROCUREMENT, CONSTRUCTION MANAGEMENT CONTRACTS ACROSS OFFSHORE AZERBAIJAN.  Full Article

John Wood Awarded Contract For Minera Centinela’s Operations In Chile
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - John Wood Group PLC ::WOOD AWARDED CONTRACT TO SUPPORT THE CENTRALIZATION OF MINERA CENTINELA’S OPERATIONS IN CHILE.AWARDED NEW CONTRACT BY MINERA CENTINELA S.A. TO SUPPORT STUDIES OF CENTRALIZATION OF MONITORING & CONTROL FOR ITS MINING OPERATIONS.  Full Article

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European shares claw back losses after Wall Street bounce

LONDON European shares clawed back losses on Friday, buoyed by a bounce on Wall Street as a turbulent week drew to a close and investors licked their wounds after the region's benchmark STOXX 600 sank to its lowest level since U.S. President Donald Trump's election.