Gary Newman last tipped Petrofac (PFC) on this website on 6 September HERE at 112p. He can write what he wish, but I fear he is wrong – this is a stock for shorting - and note comments from the great Waseem Shakoor today.
Petrofac (PFC) definitely had its fair share of problems and scandals in recent years, but that all now seems to be behind it, and the sector that it operates in should perform strongly in the coming years.
Petrofac (PFC) shares have been good for trading over the past few years, assuming you managed to get your entries right, but the company has had too many potential issues to really have been considered an investment, unless you had a very high appetite for risk.
Sudden large drops in share price on larger companies tend to spook investors, but they can also offer great opportunities, either to invest at a cheap price or even just to trade any bounce back towards previous levels.
Petrofac (PFC) is a British giant I don't think I’ve touched on before. But maybe now is the time to bring this engineer and constructor which serves the oil and gas world, to your notice. For one thing, it has had new orders worth $5 billion this year. The order pipeline is bulging with $10 billion in total...
Hello Share Skimmers. I'm a bit tired of mentioning that producing oil companies are under-valued given the comparatively high price of the black and sticky. So let me vary things by bringing in companies which supply the oil industry instead.
Hello, Share Twinklers. Oil is the hot sector at the moment. The price of Brent Crude is recovering fast. Still a long way to go to those heady days of the $120 barrel, but it’s moving up strongly again.
Petrofac (PFC) has seen its share price get absolutely hammered in recent weeks, and although some will probably think I am mad, I can see a buying opportunity here at these levels.
An “Update on Serious Fraud Office Investigation and Board Change” announcement from Petrofac (PFC) sees the shares currently crashing further in response...








