Petrofac Limited (LON: PFC)

London flag London · Delayed Price · Currency is GBP · Price in GBX
8.45
-1.75 (-17.16%)
Dec 23, 2024, 1:44 PM BST
-62.21%
Market Cap 53.25M
Revenue (ttm) 1.98B
Net Income (ttm) -452.61M
Shares Out 522.08M
EPS (ttm) -0.87
PE Ratio n/a
Forward PE 6.41
Dividend n/a
Ex-Dividend Date n/a
Volume 12,277,673
Open 10.00
Previous Close 10.20
Day's Range 7.00 - 10.00
52-Week Range 0.11 - 45.00
Beta 0.97
Analysts n/a
Price Target n/a
Earnings Date Apr 25, 2025

About Petrofac

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES). The Engineering & Construction segment provides onshore and offshore engineering, procurement, cons... [Read more]

Sector Energy
Founded 1981
Employees 8,600
Stock Exchange London Stock Exchange
Ticker Symbol PFC
Full Company Profile

Financial Performance

In 2023, Petrofac's revenue was $2.50 billion, a decrease of -2.77% compared to the previous year's $2.57 billion. Losses were -$505.00 million, 57.8% more than in 2022.

Financial numbers in USD Financial Statements

News

UK's Petrofac in binding agreement with creditors on financial restructuring

Oilfield services provider Petrofac said on Sunday that it has entered into a binding agreement with key financial creditors on the terms of a comprehensive restructuring.

15 hours ago - Reuters

Petrofac secures key Bapco Upstream project contract

Petrofac will support Bapco Upstreams production plans, to meet gas demands for the Kingdom

7 weeks ago - Zawya

UK-listed Petrofac awarded upstream contract in Bahrain

Petrofac will support Bapco Upstreams plans to meet Bahrain's growing gas demand

7 weeks ago - Zawya

Petrofac Ltd (POFCF) (Q2 2024) Earnings Call Transcript Highlights: Financial Restructuring and ...

Petrofac Ltd (POFCF) (Q2 2024) Earnings Call Transcript Highlights: Financial Restructuring and Robust Pipeline

2 months ago - GuruFocus

Half Year 2024 Petrofac Ltd Earnings Call Transcript

Half Year 2024 Petrofac Ltd Earnings Call Transcript

2 months ago - GuruFocus

UK's Petrofac plummets as half-yearly losses surge

After a boom in orders due to high oil prices in 2022, the firm has been struggling with a string of profit warnings related to legacy contracts and payment delays

3 months ago - Zawya

UK's Petrofac plummets as half-yearly losses surge

Shares of British oilfield services provider Petrofac dropped 33% on Monday after the company reported a bigger half-yearly losses, amid difficulties in closing legacy contracts in its biggest divisio...

3 months ago - Reuters

Petrofac takes major step toward financial revamp with new agreement

Company re-negotiates performance guarantees, releases retentions, safeguards key contracts

3 months ago - Zawya

Petrofac Creditors Agree to Convert Majority of Debt Into Equity

Petrofac Ltd has reached a preliminary agreement with some of its key stakeholders that will see creditors convert a majority of the firm’s debt into equity, significantly diluting existing shareholde...

3 months ago - BNN Bloomberg

Petrofac share price short squeeze explained: why did PFC pop?

The Petrofac (LON: PFC) share price went parabolic on Wednesday, leading to one of the biggest short squeezes in London this week. The stock surged to a high of 37.25p, its highest point since Novembe...

1 year ago - Invezz

Oilfield services firm Petrofac mulls asset sale; warns on cash flow

Petrofac said on Monday it was in discussions to sell some non-core assets and warned it would no longer be able to meet its annual forecast of "broadly neutral free cash flow", dragging the oilfield ...

1 year ago - Reuters

UK's Petrofac gets over $600 mln carbon capture contract from ADNOC Gas

British oil services firm Petrofac said on Tuesday it was awarded a contract valued at over $600 million by ADNOC Gas for its Habshan carbon capture and storage project.

1 year ago - Reuters

Petrofac Limited (POFCF) Q2 2023 Earnings Call Transcript

Petrofac Limited (OTCPK:POFCF) Q2 2023 Earnings Conference Call August 10, 2023 3:30 AM ET Company Participants Tareq Kawash - Group Chief Executive Officer Afonso Reis e Sousa - Chief Financial Offic...

1 year ago - Seeking Alpha

UK's Petrofac posts half-year loss on weak performance of largest unit

UK oilfield services provider Petrofac posted a half-year loss on Thursday, hurt by subdued activity at its largest unit - engineering & construction.

1 year ago - Reuters

Petrofac offshore workers vote to strike, Unite says

British union Unite on Monday said that offshore workers employed by Petrofac voted for strike action in disputes over jobs, pay and conditions.

1 year ago - Reuters