Petrofac Share Discussion Threads

[topvest] 27/1/2017 18:17

I'm out of Petrofac. Clearing out my non-core and lower quality investments. Made a loss on this one before dividends received. I'm very bearish on oil and gas and so this isn't for me, particularly given its oil and gas combined with the deadly art of construction. Shouldn't have purchased in the first place.

[togglebrush] 21/1/2017 09:31

22 February 2017 ... 2016 full year results announcement

[uncle john] 09/1/2017 09:37

According to VectorVest system, On NYSE the strongest Industry Group is Petroleum (Drilling) of 19 companies listed, 17 are rated ‘Buy’.
On LSE the best Industry Group is Petroleum (machinery/equipment) with 7 of 8 rated a ‘Buy’.
PFC Is not top of the list on their rating, but I bought because I think it shows more chance of growth.
The List is GMS, POS, PRES, WEIR, LAM, PFC, TPG, and NTQ is rated ‘hold’

[salpara111] 15/12/2016 08:52

Yeah, current results are fine I guess the big issue is the pretty dramatic drop in the size of the order book.
I would still take PFC any day over the inexplicably priced Wood group but equally I am not sure that I would want to be in any of them at the moment.

[cumnor] 15/12/2016 08:49

Surprisingly solid results here for what was conceivably the worst year for the oil services industry for decades.

[warranty] 12/12/2016 12:17

Thanks LINTON5. Onwards and upwards from here then guys.

[linton5] 11/12/2016 06:51

Golden cross on the weekly chart chaps

[value viper] 05/12/2016 09:18

any idea guys on the balance sheet metrics ? gearing levels ?

[linton5] 01/12/2016 10:43

Compared to Htg this is very poor STRANGE

[linton5] 23/11/2016 08:21

Compared to wood group and hunting pfc is performing poorly well behind the curve

[bigboots] 09/11/2016 09:48

Dirt cheap down here.... 850 +

[larva] 02/11/2016 12:13

money running dry in the middle east

they cant afford to pay

[larva] 01/11/2016 06:17

CNBC

Oil prices could go south of $40 a barrel if OPEC deal fails, expert says
Christine Wang | @christiiineeee
9 Hours Ago



If so, PFC will be sub 400p

[salpara111] 31/10/2016 13:01

Just seen that my limit order of 800 got filled this morning.
Sentiment is still pretty dire and deservedly so but PFC is in a pretty decent place with a covered 5.5% divi.

[bookbroker] 31/10/2016 11:56

Jumbo - what the hell does hd refer too, please explain!

[jumbo66] 31/10/2016 11:41

hi hi [hd]

[bookbroker] 27/10/2016 19:48

Entirely different co. to AMFW, far stronger balance sheet, larger order book, and different field of expertise than AMEC!

[bookbroker] 27/10/2016 19:29

Not so sure, these have good visability, think it is simply closing a gap just below these levels!

[dlku] 27/10/2016 16:26

Amec Foster Wheeler's share price plummets 19 per cent as group warns oil and gas sector to decline next year and postpones capital markets day




This is going to go to 400p

[larva] 26/10/2016 10:54

Not so hot now


heading for 750?

[arnu gutierrez] 22/10/2016 22:17

Potential reaction on Petrofac (PFC) to analysts' perspective in its shares

Check this out: