|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||3.3450 - 3.3450|
|52-week range||2.6600 - 6.1100|
|Beta (5Y monthly)||1.53|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||16 Apr 2020|
|1y target est||N/A|
John Wood Group, the London-listed engineering and consulting firm, is witnessing a strong phase of expansion, leveraging growing investments in energy security and the shift towards cleaner fuels. The company's CEO, Ken Gilmartin, indicated on Friday that the firm is continuing to increase its global workforce with a focus on markets like the Middle East and North America.
"Signing of this contract is an important step forward in establishing our suite of long-term strategic partnerships across our North Sea assets," said Audrey Stewart, vice-president of supply chain at Harbour. Shares of Wood Group were trading up more than 1% at 0720 GMT, while Britain's largest North Sea oil and gas producer Harbour was up less than 1%.
(Reuters) -Britain's John Wood Group on Tuesday raised its core profit forecast on contract wins and improved pricing expectations, sending shares in the engineering and consultancy firm up 5%. Wood has scored major contract wins worth millions of dollars from Shell, Brunei Shell Petroleum (BSP) and GSK.L this year. "We would expect to see improved margins starting to show some fruit as we get into 2024," CEO Ken Gilmartin said in an interview with Reuters.