News: Petrofac Ltd (PFC.L)

PFC.L on London Stock Exchange

1,130.00GBp
2 Sep 2014
Price Change (% chg)

4.00p (+0.35%)
Prev Close
1,126.00p
Open
1,129.00p
Day's High
1,143.00p
Day's Low
1,126.00p
Volume
763,127
Avg. Vol
1,062,672
52-wk High
1,525.00p
52-wk Low
1,057.00p

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Wed, Aug 27 2014

UK's FTSE perked up by Petrofac

LONDON, Aug 27 - Britain's top equity index climbed to its highest closing level in nearly two months on Wednesday, with oil and gas services company Petrofac buoyed by positive broker comments.

UPDATE 3-Petrofac backs profit forecast despite weaker-than-expected first-half

Aug 26 - British oil and gas services company Petrofac Ltd reported a steeper-than-expected fall in first-half profit, raising concerns about its full-year earnings forecast, which was maintained.

Petrofac forecast in doubt after first-half profit nearly halves

- British oil and gas services company Petrofac Ltd reported a steeper-than-expected fall in first-half profit, raising concerns that it might not meet its full-year earnings forecast.

Energy services firm Petrofac H1 profit falls 44 pct

Aug 26 - British oil and gas services company Petrofac Ltd reported a 44 percent fall in first-half profit, hurt by slow progress at some of its projects.

Airlines and Petrofac lead UK's FTSE lower

LONDON, Aug 22 - Britain's top equity index slipped back from three-week highs on Friday, with shares in airline companies hit by worries about disruption caused by possible volcanic activity in Iceland.

Deals of the day- Mergers and acquisitions

(Adds Martin Marietta Materials, Philips, TreeHouse Foods, Natixis, Banca Popolare di Vicenza; updates Gazprom, Petrofac, Auxilium, AMS, London Stock Exchange)

Petrofac forms $1.25 billion venture as it refocuses business

LONDON - Petrofac and private equity firm First Reserve on Thursday formed a $1.25 billion investment joint venture in a deal including the sale of some assets of the British oil services company.

UPDATE 2-Petrofac forms $1.25 bln venture as it refocuses business

* Oil services firm teams up with investment firm First Energy

Petrofac, First Reserve to create energy investment venture

June 26 - Petrofac Ltd, Britain's largest oil services company, has teamed up with First Reserve, a private equity infrastructure investment firm, to create a $1.25 billion investment venture.

BRIEF-Petrofac, First Reserve signs $1.25 bln energy infrastructure deal

* Under first transaction first reserve intends to buy 80 pct of Petrofac's deployed and contracted floating production facilities for a total initial consideration of approximately $450 million

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