Your email has been successfully added to our mailing list.

×
-0.0238645418326693 -0.0238645418326693 -0.0238645418326693 -0.0238645418326693 -0.0238645418326693 -0.0238645418326693 -0.0238645418326693 -0.0238645418326693
Stock impact report

UPDATE 2-Petrofac expects 2020 sales fall as bribery probe weighs on orders [Reuters]

PETROFAC LTD UNSP/ADR (POFCY) 
NASDAQ:AMEX Investor Relations: petrofac.com/en-gb/investors
Company Research Source: Reuters
UPDATE 2-Petrofac expects 2020 sales fall as bribery probe weighs on orders - Reuters 3 Min Read * Half-year core profit falls about 9% * Low order intake weighs on 2020 revenue forecast * Sees $13 billion in bid opportunities in H2 * Company not blacklisted in Saudi Arabia or Iraq -CFO (Adds CFO comments, shares, background) By Yadarisa Shabong Aug 28 (Reuters) - Oilfield services provider Petrofac Ltd reported a drop in first half new orders on Wednesday and forecast lower revenue next year, citing uncertainty caused by an ongoing investigation into its contract dealings in Saudi Arabia and Iraq. Petrofac said in June it had lost out on $10 billion worth of contracts globally due to the investigation by Britain’s Serious Fraud Office (SFO), which led to a February conviction of its former head of sales on 11 counts of bribery related to Iraqi and Saudi contracts. The company has stressed that no charges have been brought against Petrofac or any other employees. Shares of the FTSE 25 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
Opt-in for POFCY alerts
Opt-in for
POFCY alerts

from News Quantified
Opt-in for
POFCY alerts

from News Quantified