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Prices & Quotes - UK Markets - Wood Group (John) (WG.)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
309.40p
Change Today:
0.000p
Market Cap:
2,129.72m
Sector:
Oil Equipment, Services & Distribution

Wood Group secures $120m contract for ethylene expansion in China

By Michele Maatouk

Date: Tuesday 12 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Wood Group has secured a contract valued at more than $120m with Sinopec to provide engineering, procurement and construction (EPC) services to expand its refinery development in the Hainan Free Trade Zone (FTZ) in South China.
Under the new contract, EPC services for the sitewide pipe rack and associated pipework, cables for power, telecommunications and lighting will be delivered by Wood's engineering and project management teams based in Shanghai and on site.

Mike Collins, Wood's executive president of Projects, said: "We are delighted to win this new contract with Sinopec which demonstrates the strength of our long-standing relationship with the client and their confidence in our extensive EPC expertise in the petrochemical sector.

"We look forward to continuing our partnership to deliver this project safely, sustainably and on-time, making a positive contribution to this significant development."

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WG. Market Data

Currency UK Pounds
Price 309.40p
Change Today 0.000p
52 Week High 398.60p
52 Week Low 135.45p
Volume 0
Shares Issued 688.34m
Market Cap 2,129.72m
Beta 0.08

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What The Brokers Say

Strong Buy 5
Buy 0
Neutral 6
Sell 0
Strong Sell 1
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

WG. Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Aug-19 25-Apr-19
Paid 26-Sep-19 16-May-19
Amount 11.40¢ 23.70¢

Trades

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WG. Key Personnel

CEO Robin Watson
CFO David Kemp
Chair Roy Franklin