|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.7500 - 0.7500|
|52-week range||0.6200 - 1.2300|
|Beta (5Y monthly)||1.03|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||23 Apr 2020|
|1y target est||N/A|
(Reuters) -Oilfield services provider Petrofac Ltd said on Tuesday it was seeing a strong intake of orders at its Asset Solutions unit and that it expects group net debt to fall in the second half after doubling to $345 million in the first six months of this year. The company is seeing rising orders as it benefits from high oil prices but said it expects modest free cash outflow during 2022 due to delays in collecting payments from clients. Petrofac said its net debt had doubled to $345 million as of June 23, following a $104 million fine paid to Britain's Serious Fraud Office (SFO) and slower payments from clients.
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