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Petrofac Limited Ord USD0.02 (PFC)

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15-Jan-2021 07:17 AM

Petrofac reacts to UK Serious Fraud Office announcement

Oilfield services provider Petrofac said that no charges have been brought against any group company or any other officers or employees after the Serious Fraud Office announced that a former employee of a Petrofac subsidiary has admitted additional charg
16-Dec-2020 07:30 AM

Petrofac lifts cost cutting target as pandemic hits oil market

Oil services company Petrofac lifted its cost cutting target while reiterating guidance for 'materially lower' profits in 2020 after the Covid-19 pandemic smashed crude markets. Revenue for the year through December was expected to be around $4
21-Aug-2020 11:00 AM

Broker Forecast - Bernstein issues a broker note on Petrofac Ltd

Bernstein today downgrades its investment rating on Petrofac Ltd (LON:PFC) to market perform (from outperform). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-Aug-2020 12:00 PM

Broker Forecast - Morgan Stanley issues a broker note on Petrofac Ltd

Morgan Stanley today reaffirms its equal weight investment rating on Petrofac Ltd (LON:PFC) and raised its price target to 172p (from 165p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-Aug-2020 08:10 AM

Broker Forecast - Credit Suisse issues a broker note on Petrofac Ltd

Credit Suisse today reaffirms its neutral investment rating on Petrofac Ltd (LON:PFC) and raised its price target to 210p (from 180p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
13-Aug-2020 12:40 PM

Broker Forecast - Jefferies International issues a broker note on Petrofac Ltd

Jefferies International today reaffirms its hold investment rating on Petrofac Ltd (LON:PFC) and raised its price target to 200p (from 190p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
12-Aug-2020 09:50 AM

Broker Forecast - UBS issues a broker note on Petrofac Ltd

UBS today reaffirms its neutral investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 190p (from 200p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
11-Aug-2020 07:14 AM

Petrofac swings to loss as Covid-19 crisis hits oil sector

Oil services group Petrofac swung to a first-half loss after the Covid-19 crisis prompted a sharp fall in crude prices and dried up development activity in the energy sector. Net losses for the six months through June amounted to $78m, compared to a prof
03-Jul-2020 02:40 PM

Broker Forecast - Societe Generale issues a broker note on Petrofac Ltd

Societe Generale today reaffirms its sell investment rating on Petrofac Ltd (LON:PFC) and raised its price target to 136p (from 124p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
25-Jun-2020 02:00 PM

Broker Forecast - Berenberg issues a broker note on Petrofac Ltd

Berenberg today reaffirms its hold investment rating on Petrofac Ltd (LON:PFC) and raised its price target to 250p (from 230p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
25-Jun-2020 09:40 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Petrofac Ltd

JP Morgan Cazenove today reaffirms its neutral investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 270p (from 300p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
24-Jun-2020 07:16 AM

Petrofac warns of first-half revenue, margin pressure from Covid-19 crisis

Oil services group Petrofac warned that its trading performance had been materially impacted by the Covid-19 crisis and an associated plunge in oil prices. In a trading update for the six months through June, the company said revenue at its engineering a
26-May-2020 09:40 AM

Broker Forecast - UBS issues a broker note on Petrofac Ltd

UBS today reaffirms its neutral investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 200p (from 210p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-May-2020 12:30 PM

Broker Forecast - Credit Suisse issues a broker note on Petrofac Ltd

Credit Suisse today reaffirms its neutral investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 170p (from 200p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-May-2020 12:20 PM

Broker Forecast - RBC Capital Markets issues a broker note on Petrofac Ltd

RBC Capital Markets today reaffirms its sector performer investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 330p (from 600p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-May-2020 10:00 AM

Broker Forecast - Morgan Stanley issues a broker note on Petrofac Ltd

Morgan Stanley today reaffirms its equal weight investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 165p (from 180p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-May-2020 09:00 AM

Broker Forecast - Barclays Capital issues a broker note on Petrofac Ltd

Barclays Capital today reaffirms its overweight investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 330p (from 350p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
15-May-2020 07:39 AM

Petrofac makes deeper cost cuts as Covid-19 rattles oil markets

Oil services company Petrofac said it had made further cost cuts on top of suspending its dividend as the Covid-19 crisis crimps construction activity and delays tenders. Petrofac said it was targeting additional savings to those announced on 6 April, an
20-Apr-2020 10:00 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Petrofac Ltd

JP Morgan Cazenove today reaffirms its neutral investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 300p (from 410p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
09-Apr-2020 03:00 PM

Broker Forecast - UBS issues a broker note on Petrofac Ltd

UBS today reaffirms its neutral investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 210p (from 400p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
06-Apr-2020 07:19 AM

Petrofac scraps 2019 final dividend; reduces headcount by 20%

Oil services company Petrofac said it had scrapped its 2019 final dividend as part of cost saving measures designed to help it weather the Covid-19 crisis. Petrofac had planned to pay a dividend of 25.3c per share. The company said it had also cut plann
26-Mar-2020 08:30 AM

Broker Forecast - Credit Suisse issues a broker note on Petrofac Ltd

Credit Suisse today reaffirms its neutral investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 200p (from 390p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Mar-2020 10:00 AM

Broker Forecast - Barclays Capital issues a broker note on Petrofac Ltd

Barclays Capital today reaffirms its overweight investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 370p (from 570p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
17-Mar-2020 10:30 AM

Broker Forecast - Goldman Sachs issues a broker note on Petrofac Ltd

Goldman Sachs today upgrades its investment rating on Petrofac Ltd (LON:PFC) to buy (from neutral) and cut its price target to 316p (from 433p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Feb-2020 01:40 PM

Broker Forecast - Goldman Sachs issues a broker note on Petrofac Ltd

Goldman Sachs today reaffirms its neutral investment rating on Petrofac Ltd (LON:PFC) and cut its price target to 433p (from 483p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
 
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