Petrofac (#PFC) – H1 loss, H2 looking to close out delayed commercial settlements
- 2022-08-11 07:42:30
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...