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Petrofac ( (GB:PFC) ) has issued an update.
Petrofac Limited has announced the publication of a Prospectus related to the admission of new shares and warrants to the Financial Conduct Authority’s Official List and trading on the London Stock Exchange. This move is part of the company’s Balance Sheet Restructuring, which is expected to enhance its financial stability and market operations.
More about Petrofac
Petrofac is a leading international service provider to the energy industry, specializing in designing, building, managing, and maintaining oil, gas, refining, petrochemicals, and renewable energy infrastructure. The company operates primarily in the Middle East, North Africa, and the UK North Sea, with additional significant markets in India, South East Asia, and the United States. Petrofac is listed on the London Stock Exchange and employs 8,000 people across 31 offices globally.
YTD Price Performance: -29.41%
Average Trading Volume: 1,863,808
Technical Sentiment Signal: Strong Buy
Current Market Cap: £31.08M
Learn more about PFC stock on TipRanks’ Stock Analysis page.