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Petrofac


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Factors to watch - July 2

MIDEAST - Factors to watch - July 2 Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Dollar soars near 38-year yen peak as Trump risk lifts US yields MKTS/GLOB * Oil trades near two-month high on summe
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Petrofac Extends Forebearance Agreement With Ad Hoc Group Of Noteholders

BRIEF-Petrofac Extends Forebearance Agreement With Ad Hoc Group Of Noteholders July 1 (Reuters) - Petrofac Ltd PFC.L : PETROFAC EXTENDS FOREBEARANCE AGREEMENT WITH AD HOC GROUP OF NOTEHOLDERS PETROFAC EXTENDS FORBEARANCE AGREEMENT WITH AD HOC GROUP OF NOTEHOLDERS EXTENDED EXISTING FORBEARANCE AGREEMENT FROM 30 JUNE TO 25 JULY 2024 Source text for E
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Petrofac's annual losses swell on challenges in biggest division

Petrofac's annual losses swell on challenges in biggest division May 31 (Reuters) - Petrofac PFC.L reported higher annual losses on Friday, as the British oilfield services provider struggled with significant losses in its biggest division, Engineering & Construction (E&C). The company posted an incremental loss of about $190 million in its E&C division for the year, higher than its expectations of about $130 million.
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Petrofac Says Operating Activity In E&C Business To Be Higher In 2024

BRIEF-Petrofac Says Operating Activity In E&C Business To Be Higher In 2024 May 31 (Reuters) - Petrofac Ltd PFC.L : PETROFAC LIMITED PETROFAC LIMITED: RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023 PETROFAC: IN DISCUSSIONS WITH FINANCIAL CONDUCT AUTHORITY TO SEEK A REINSTATEMENT OF TRADING IN ITS SHARES PETROFAC: STRONG FY ORDER INTAKE OF US$7.1 BILLI
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Adidas, EFG International, Smith & Nephew

EUROPE RESEARCH ROUNDUP-Adidas, EFG International, Smith & Nephew May 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, EFG International, and Smith & Nephew, on Thursday. HIGHLIGHTS * Adidas AG ADSGn.DE : Barclays raises target price to EUR 243 from EUR 231 * EFG International AG EFGN.S : Citigroup raises to buy from neutral * Gsk GSK.L : JP Morgan raises target price to 1660p from 1530p * Kemira Oyj KEMIRA.HE : Berenberg
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FTSE 100 extends record streak on company news

UPDATE 2-FTSE 100 extends record streak on company news For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Anglo American up after report BHP considering better offer Petrofac hits record low after delaying full-year results Sterling at two-week high versus the dollar FTSE 100 up 0.1%, FTSE 250 adds 1.3% Updated at 1604 GMT By Pranav Kashyap, Sruthi Shankar and Khushi Singh April 29 (Reuters) - Britain's FTSE 100 extended its record rally f
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Petrofac sinks to record low on results delay, likely coupon payment miss

BUZZ-Petrofac sinks to record low on results delay, likely coupon payment miss ** Shares of UK's Petrofac PFC.L down 27.9% to record low of 14.71 pence; top loser across London stocks ** Oilfield services provider delays FY results to May 31 and says it expects incremental loss of $130 mln in largest unit - Engineering & Construction for 2023 ** Ad
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Petrofac shares hit record low after warning it will miss coupon payment

UPDATE 2-Petrofac shares hit record low after warning it will miss coupon payment Rewrites throughout with share movement, adds details on bond coupon payment miss in paragraph 5-6 April 29 (Reuters) - Shares in Petrofac PFC.L slid to a record low on Monday after the struggling British oilfield services firm warned it would miss a bond coupon payment due next month and forecast higher losses in its largest unit for 2023. Petrofac's shares were among the top losers across all London stocks, dropp
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UK Stocks-Factors to watch on April 29

UPDATE 1-UK Stocks-Factors to watch on April 29 Adds and updates news item, futures April 29 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0. 51 %. * ANGLO AMERICAN: BHP Group BHP.AX is considering making an improved offer for Anglo American AAL.L after its $39 billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters.
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UK's Petrofac gets $300 mln credit support proposal

UK's Petrofac gets $300 mln credit support proposal April 29 (Reuters) - Petrofac PFC.L said on Monday that a group of senior secured noteholders made a proposal to provide further credit of up to $300 million to the oilfield services provider to help secure performance guarantees on some existing contracts. The credit support would require converting a significant proportion of the group's existing debt to equity, Petrofac said.
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Petrofac Limited Petrofac Limited Reports Delay To Publication Of 2023 Results & Updates On Restructuring

BRIEF-Petrofac Limited Petrofac Limited Reports Delay To Publication Of 2023 Results & Updates On Restructuring April 29 (Reuters) - Petrofac Ltd PFC.L : PETROFAC LIMITED PETROFAC LIMITED: DELAY TO PUBLICATION OF 2023 RESULTS, UPDATE ON RESTRUCTURING AND TRADING UPDATE PETROFAC: EXPECTS A SHORT DELAY IN ISSUING ITS AUDITED FULL YEAR 2023 RESULTS PE
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UK Stocks-Factors to watch on April 23

UK Stocks-Factors to watch on April 23 April 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.56%. * RIO TINTO: Rio Tinto RIO.L , Eramet ERMT.PA and LG Energy 373220.KS are among 30 companies that have submitted proposals to develop lithium extraction technology for a Chilean salt flat in the early stages of exploration, state-run mining body ENAMI said.
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