Wood Group (john) Share Discussion Threads

[slim9] 05/9/2007 23:12

wHATS A 64% HIKE.

[juju43] 03/9/2007 12:29

a nice re-rating under way here. long term banker as this business is in massive demand - a sellers market

[slim9] 01/9/2007 14:05

JP Morgan has lifted its price target on oil services group John Wood to 365p from 330p and retained its 'neutral' rating following first half results that beat expectations by 10%.

The broker continues to recommend Wood Group as a low-risk way to play the European oil services.

It has increased its earnings per share estimates by around 6-10% in 2007 and 2008 to reflect higher company guidance for 2007 and with knock-on effects into 2008.

On Tuesday, Wood reported continuing strong progress in 2007 and said it reckons full year results will top expectations.

The firm posted a 64% hike in pre-tax profit for the six months to 30 June to $124m on revenue 35% higher at $2.12bn. Earnings before interest, tax, depreciation and amortization climbed 61%.

[slim9] 01/9/2007 13:44

SDX in talks - be interesting to see if it is Amec who have been linked with the wood group.

[slim9] 30/8/2007 10:57

UBS target 420p

[slim9] 30/8/2007 10:22

LONDON (Thomson Financial) - John Wood Group PLC said its Wood Group Gas
Turbine Services division has won a contract from Williams Field Services for
the fast track supply of two Solar Saturn C16 centrifugal compressor packages.
The division will supply within 20 weeks two fully refurbished gas
compression packages to help boost Williams' US Gulf
Coast transmission capacity, the international energy services company said.
Financial details were not disclosed.
[e-mail]
pmi/ajb


More Good News.

[pip] 29/8/2007 08:03

Enia....for once my cynicism was proved to be wrong! Nice to be smiling for once when one is wrong. There was not much other blue on my screen yesterday and I doubt there will be today!

[juju43] 28/8/2007 10:00

this will be a huge growth area for the foreseeable future . these have a long way to go

[slim9] 28/8/2007 09:55

;-) Excellent results.........

[enia] 28/8/2007 08:58

juju you should be holding sbm offshore in this sector as well!

[juju43] 28/8/2007 08:39

strange how little attention this gets on here. superb results with a bright future. this is the oil sector to be in.
should lift pfc as well - i hold both

[enia] 28/8/2007 08:14

pip plus 6.3% ?

[enia] 28/8/2007 08:11

Wood (John Wood Group H1 profit surges; see FY ahead of expectations UPDATE


(Updating to add revenue and margin growth, outlook)
LONDON (Thomson Financial) - John Wood Group PLC reported surging first half
profit and said it expects results for the full year to be ahead of
expectations.
Riding the wave of a strong oil and gas market, the company reported first
half pretax profit up 64 pct to 124 mln usd on sales up 35 pct to 2.177 bln usd.
The company said this reflects revenue growth in all divisions, with
particular strength within Engineering & Production Facilities (E&PF), and from
Gas Turbine Services (GTS).
EBITA margins increased in all areas, most notably at E&PF where margins
rose to 8.1 pct from 6.4 pct and GTS where they increased to 6.1 pct from 5.3
pct.
The oil services company said it expects the strong growth to continue and
now sees full year figures ahead of expectations.
Wood Group explained that outlook for growth is underpinned by continuing
growth in energy demand, driven by expanding economies, most notably in the Asia
Pacific region.
The company proposed an interim dividend of 2.0 cents per share, a rise of
33 pct on last time.


[e-mail]

[pip] 28/8/2007 07:10

.....and they look really excellent; share price bound to go down as a result!

[bjdaver] 24/8/2007 13:50

Interims will be announced next Tuesday 28th August at 07.00.

[omalaha] 16/8/2007 19:43

and out again! - didn't like the vibes this pm - will buy next week.

[omalaha] 16/8/2007 09:19

back in this am with results 11 trading days away.

[juju43] 10/8/2007 12:20

spoke too soon .we didnt get the break but its close

[juju43] 09/8/2007 16:36

think we have an inverse h&s breakout - on a day like this... WOW

watch this space

[eggbird] 07/8/2007 16:12

Wood (John John Wood unit installs turbines at SWEPCO's Harry D. Mattison plant


LONDON (Thomson Financial) - John Wood Group PLC said its unit Wood Group
Power Solutions (WGPS) has installed two natural gas combustion turbines at
Southwestern Electric Power Co's (SWEPCO) Harry D. Mattison power plant in
Arkansas, USA.
The unit, which specializes in the procurement of gas turbines, balance of
plant equipment, engineering, construction management, start-up and
commissioning, said the Mattison units have an initial combined capacity of 150
megawatts (MW) and after the installation of additional equipment later this
year, the capacity will increase to a combined capacity of 170 MW.
"Our ability to achieve a record performance of 169 days from starting
dismantlement to commercial operation of the Mattison facility further
demonstrates our capability to deploy significant gas turbine generating
capacity in very compressed time scales," WGPS chief executive Mark Dobler said.

[juju43] 02/8/2007 14:17

in citywire summary .was in mail and some other .rumour aboutr Amec.its not going away

[patboy] 02/8/2007 14:09

ju.what press.?. T I A

[juju43] 02/8/2007 09:16

press speculation of an approach again

[eggbird] 31/7/2007 12:48

Nice rise this morning.....

Wood (John Wood Group wins 1.2 mln stg contract with Mexico's Vitro


LONDON (Thomson Financial) - John Wood Group PLC, the UK oil services
provider, said it secured 1.2 mln stg worth of contracts with Mexican glass
manufacturer Vitro.
Under the deal, the group will supply, install and commission control
systems and other equipment at Vitro's gas turbines in Monterrey, it said.

[juju43] 17/7/2007 16:25

these guys should stop giving out good news