Petrofac has performed poorly but looks well positioned to take advantage of an increase in energy projects - buy
By Gary Newman | Tuesday 6 September 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
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.
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