Petrofac: Creating Opportunities To Secure Future Growth [Seeking Alpha]
PETROFAC LTD UNSP/ADR (POFCY)
NASDAQ:AMEX Investor Relations:
petrofac.com/en-gb/investors
Company Research
Source: Seeking Alpha
Petrofac: Creating Opportunities To Secure Future Growth Summary Petrofac’s backlog has decreased significantly since 2015; however, increased tendering activities can lead to higher revenue growth potential in 2020. The U.K. authority’s investigation into an alleged unfair trade practice can affect its participation in the tendering process in Saudi Arabia and Iraq. Petrofac’s cash flow from operations improved in 1H 2019, while its net debt turned negative, which reflects the balance sheet strength. Despite Short-Term Headwinds, Petrofac's Growth Can Resume Petrofac Limited ( OTCPK:POFCF The company has been divesting non-core assets to clean up its leveraged balance sheet and has turned net debt negative. Alongside this, the free cash flow has turned positive, too, in 1H 2019. However, its order intake declined as the brownfield projects market remained challenging. Also, negative sentiment following the U.K. authority's investigation can restrict the company's opportunities to par
Show less
Read more
Impact Snapshot
Event Time:
POFCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
POFCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
POFCY alerts
High impacting PETROFAC LTD UNSP/ADR news events
Weekly update
A roundup of the hottest topics
POFCY
News
- Petrofac Extends Contract for DDW Offshore's AHTS Vessel Till July '25 [Yahoo! Finance]Yahoo! Finance
- Akastor ASA: DDW Offshore awarded contract extension [Yahoo! Finance]Yahoo! Finance
- Top UK Growth Companies With High Insider Ownership In October 2024 [Yahoo! Finance]Yahoo! Finance
- Top UK Growth Companies With Insider Ownership In October 2024 [Yahoo! Finance]Yahoo! Finance
- 3 UK Growth Companies With Significant Insider Ownership [Yahoo! Finance]Yahoo! Finance