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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Petrofac Limited    PFC   GB00B0H2K534

PETROFAC LIMITED

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Former Unaoil managers convicted in Britain of Iraq bribery

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07/13/2020 | 07:42am EDT

LONDON, July 13 (Reuters) - Two former managers of Monaco-based energy consultancy Unaoil have been convicted of bribing Iraqi officials to clinch lucrative oil projects as the war-ravaged country tried to boost exports after the fall of Saddam Hussein in 2003.

A London jury found British-Lebanese Ziad Akle, Unaoil's former Iraq territory manager, and Stephen Whiteley, a British former manager for Iraq, Kazakhstan and Angola, guilty after a marathon 19 days of deliberations. (Reporting by Kirstin Ridley; Editing by Jon Boyle)

Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 0.27% 45.36 Delayed Quote.-31.89%
PETROFAC LIMITED -0.52% 180.15 Delayed Quote.-52.95%
SBM OFFSHORE N.V 0.71% 14.92 Delayed Quote.-10.07%
WTI 0.28% 42.615 Delayed Quote.-31.52%
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Financials (USD)
Sales 2020 4 336 M - -
Net income 2020 97,0 M - -
Net cash 2020 4,34 M - -
P/E ratio 2020 8,23x
Yield 2020 1,73%
Capitalization 789 M 789 M -
EV / Sales 2020 0,18x
EV / Sales 2021 0,19x
Nbr of Employees 11 500
Free-Float 78,0%
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 3,20 $
Last Close Price 2,35 $
Spread / Highest target 166%
Spread / Average Target 36,3%
Spread / Lowest Target -27,9%
EPS Revisions
Managers
NameTitle
Ayman Asfari Group Chief Executive Officer & Executive Director
René Médori Non-Executive Chairman
Alastair Edward Cochran Chief Financial Officer & Executive Director
Matthias F. Bichsel Senior Independent Non-Executive Director
George J. Pierson Independent Non-Executive Director
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