Petrofac Ltd. (PFC)

Sector:

Fossil Fuels Production & Distribution

Index:

FTSE Small Cap

12.50p
   
  • Change Today:
      0.12p
  • 52 Week High: 51.80p
  • 52 Week Low: 10.50p
  • Currency: UK Pounds
  • Shares Issued: 522.05m
  • Volume: 1,135,592
  • Market Cap: £65.26m
  • RiskGrade: 428

Petrofac gets extension on senior note forbearance agreement

By Josh White

Date: Friday 23 Aug 2024

LONDON (ShareCast) - (Sharecast News) - Energy services company Petrofac announced an extension of its existing forbearance agreement for the non-payment of interest on its senior secured notes on Friday.
The London-listed firm said the extension pushed the deadline from 23 August to 20 September.

It said the forbearance agreement, backed by an ad-hoc group of noteholders representing about 47% of the outstanding senior secured notes, along with other participating noteholders, ensured that no legal action would be taken regarding the missed payment until the new deadline.

The extension provided Petrofac with additional time to advance its financial restructuring efforts.

Petrofac said it would provide further updates as the situation developed.

At 1131 BST, shares in Petrofac were up 1.06% at 15.94p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Petrofac Market Data

Currency UK Pounds
Share Price 12.50p
Change Today 0.12p
% Change 0.97 %
52 Week High 51.80p
52 Week Low 10.50p
Volume 1,135,592
Shares Issued 522.05m
Market Cap £65.26m
RiskGrade 428

Petrofac Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.43% above the market average5.43% above the market average5.43% above the market average5.43% above the market average5.43% above the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Price Trend
48.11% below the market average48.11% below the market average48.11% below the market average48.11% below the market average48.11% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Income
1.74% below the market average1.74% below the market average1.74% below the market average1.74% below the market average1.74% below the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
72.01% below the market average72.01% below the market average72.01% below the market average72.01% below the market average72.01% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 5
Sell 0
Strong Sell 1
Total 7
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Petrofac Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Sep-19 25-Apr-19
Paid 18-Oct-19 24-May-19
Amount 12.70¢ 25.30¢

Trades for 31-Oct-2024

Time Volume / Share Price
16:35 30,248 @ 12.50p
16:35 4,594 @ 12.50p
16:35 1,264 @ 12.50p
16:35 11,160 @ 12.50p
16:35 371 @ 12.50p

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