Analysts expect over 2019 decreasing revenue Petrofac, quite high dividend

Tomorrow Petrofac will publish its past quarters results. Over the current book year the total revenue will be 5,67 billion GBp (consensus estimates). This is slightly lower than 2018's revenue of 5,83 billion GBp.

Historical revenues and results Petrofac plus estimates 2019

The analysts expect for 2019 a net profit of 289 million GBp. The majority of the analysts expects for this year a profit per share of 85 GBp. Based on this the price/earnings-ratio is 4,69.

Huge dividend Petrofac

Per share the analysts expect a dividend of 39 GBp per share. The dividend yield is then 9,78 percent. The average dividend yield of the offshore companies is an attractive 3 percent.

Newest target prices around 618 GBp

Credit Suisse, Morgan Stanley and Barclays recently provided recommendations for the stock.

Based on the current number of outstanding shares Petrofac's market capitalization 135,43 billion GBp. The Petrofac stock was the past 12 months quite volatile. Since last August the stock is 36 percent lower. This year the stock price moved between 374 and 678 GBp.

At 12.04 the stock trades 0,88 percent higher at 398,7 GBp.

Historical stock prices Petrofac

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