Petrofac Limited, an oilfield service company, provides facilities solutions to the oil and gas production and processing industry worldwide. It operates through three segments: Engineering & Construction, Engineering & Production Services, and Integrated Energy Services. The Engineering & Construction segment provides engineering, procurement, and construction project execution services to the onshore oil and gas industry. The Engineering & Production Services segment offers concept, feasibility, and front-end engineering and design studies, as well as a range of operations, maintenance, and engineering services for onshore and offshore projects. The Integrated Energy Services segment provides an integrated service for clients under flexible commercial models that are aligned with their requirements in projects, including upstream developments, related energy infrastructure projects, and investments. Petrofac Limited was founded in 1981 and is headquartered in London, the United Kingdom. Read More Right now, a select group of investors is tracking some of the most timely stocks available. We’ve identified a handful of underdog stocks ready to rebound. Every Sunday we reveal the most compelling stocks that should be on your radar TODAY!
Alastair Cochran sold 7,957 shares on 7 October at an average price of £3.83 ($5.00), for a total value of £30,475.31. Petrofac shares closed on Tuesday at £3.88, have a 52-week low of £3.73, a 52-week high of £6.48 and a 50-day moving average is £4.09. The firm's recently announced $0.13 per share dividend will be paid on Friday, October 18th, (ex-dividend date was Thursday, September 19th). This represents a dividend yield of 2.56%.