WorleyParsons

WorleyParsons (WOR)

Sun, 30/11/2008 - 07:48

Stock Code

WOR

Stock Exchange

Australian Securities Exchange

WorleyParsons (WOR) is a specialist provider of engineering design and project related services as well as maintenance and reliability support services to diversified industrial segments, with a focus on hydrocarbons, power, minerals and metals, and infrastructure and environment sectors. The Company holds equity investment in most its principal infrastructure projects. WorleyParsons listed on the Australian Stock Exchange on 28th November, 2002. To date the Company employs around 32,200 people with 118 offices around the globe.

Losing Stocks of the 2nd Week


WorleyParsons (WOR), an Australia based company that concentrates on engineering design and project related services along with maintenance and reliability support services to diversified industrial segments with a market capitalisation of $6042.6 million was the worst performer in the ASX100 list that lost 16.7 percent or $5.11 to its stock price closing the week at $25.35.

First Time Profit Fall for WorleyParsons after Listing


WorleyParsons (WOR), the engineering group had recorded its first full-year profit drop since it was listed in 2002 as the company continues to experience downfall in its minerals and metals business amid global recession. The company yesterday stated that the net profit climbed to 390.5 million which was lower than the expectation of the market analysts who expected the figures to be somewhere around $410 million.

The Worst Performing Stocks of the Week 28


WorleyParsons (WOR), a company that is engaged in the business of providing engineering project and design related services along with maintenance and reliability support services for diversified industrial segments was the worst performer in the ASX100 index losing 8.9 percent or $2.05 in its stock price and was closed for the week at $20.80.

WorleyParsons (WOR) Review


There has been no changes to the WorleyParsons (WOR) earnings forecasts, valuation, DCF-based share price target or rating from stockmarket analyst Macquarie Research Equities.

WorleyParsons (WOR) Wins Russian Project

Sakhalin 1 Offshore Contract Win:

Worley’s 49% owned Russian associate Sakhneftegaz Engineering (SNE) has won the engineering, procurement and support services contract for the Exxon operated Sakhalin 1 Arkutan-Dagi offshore platform.

Modest Revenue Stream:

China's Industrialisation Update


Here is an update on China’s Industrialisation from market analyst Macquarie Research Equities.

China’s Industrialisation: Resources Strong - Go Long!

26 May 2008
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Strategy Updates


Here is a strategy update on the Budget Impact on Equities provided by Australian market analyst UBS.

Strategy – Budget Impact on Equities

Worleyparsons Limited (WOR)


Worleyparsons Limited (WOR) has signed a letter of intent (LOI) with Chemaweyaat with initial revenues US$3m by Australian stockmarket analyst Macquarie Research Equities.

Worleyparsons Limited (WOR) Signs Letter of Intent for CIC

Small Initial Contract for CIC Abu Dhabi:

WOR has announced that it has signed a letter of intent (LOI) with Chemaweyaat for the Complex 1 Project in Chemicals Industrial City, Abu Dhabi. Initial revenues under the LOI are US$3m, and as such can be considered immaterial.

Project Could Become Major:

Worley Parsons (WOR) Update


WorleyParsons (WOR) has a maintained share price target of $43.55 from Australian shares analyst Macquarie Research.

WorleyParsons (WOR): 'Wor' on Water

Dyno Nobel (DXL) Winner


Dyno Nobel (DXL) was the overall best performing stock taking in a 31.57 percent increase. It was a mixture of explosives (mining), energy and mining & exploration companies who were among the best performing stocks for the week 35 of 2007 of the Australian sharemarket: Dyno Nobel (DXL), WorleyParsons (WOR), Aristocrat (ALL), Transfield Services (TSE), Beach Petroleum (BPT). These best performing stocks managed gains between 12.17 and 31.57 percent by the end of the trading week. The majority of the best performing companies were mining & exploration companies.

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