WOR - Worley Limited
- Thread starter michael_selway
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@rcw1 and from Me, Him (the Bloke in the Mirror) and Her, tut tar for tonight also.
Dona Ferentes
beware the aedes of marsh
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noted that AFI added Worley to their portfolio in the last half.
Also Increased resources exposure
Also Increased resources exposure
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Checked out WOR again following Dona's post showing AFI making it a new addition. Can't see that there's much value on offer beyond the current share price. Maybe there's reason to anticipate higher earnings?
P/E = 17-18
P/B = 1.3
ROE = 6-7% avg 3 years
DIV = only 4% unfranked
Monthly Chart showing heightened volume during the decline over 2024, albeit some reversal type candles showing up (hammers) and small bodies. My guess at this point is that it's just a retracement?
Not buying anything much anyway lately but this wouldn't make my list if I were.
Not Held
MONTHLY
P/E = 17-18
P/B = 1.3
ROE = 6-7% avg 3 years
DIV = only 4% unfranked
Monthly Chart showing heightened volume during the decline over 2024, albeit some reversal type candles showing up (hammers) and small bodies. My guess at this point is that it's just a retracement?
Not buying anything much anyway lately but this wouldn't make my list if I were.
Not Held
MONTHLY
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going to have to agree with @finicky there
i bought in November 2021 @ $9.65( ish ) ( reduced in April 2023 @ $14.95 )
maybe it is a case of some potential upside , but not as stressed as some ASX listed stocks will be in the coming year
i expect divs. to be trimmed ( in the majority of cases ) profits challenged and rising costs
i would need $10 (or under to warm up the calculator and consider buying more
BUT maybe AFI have spotted something ( a predator sniffing , rivals having to reduce new expenditure , something like that ) one would have that the conservative LICs would have already had a toehold if deemed worthy of holding
i bought in November 2021 @ $9.65( ish ) ( reduced in April 2023 @ $14.95 )
maybe it is a case of some potential upside , but not as stressed as some ASX listed stocks will be in the coming year
i expect divs. to be trimmed ( in the majority of cases ) profits challenged and rising costs
i would need $10 (or under to warm up the calculator and consider buying more
BUT maybe AFI have spotted something ( a predator sniffing , rivals having to reduce new expenditure , something like that ) one would have that the conservative LICs would have already had a toehold if deemed worthy of holding
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- 20 July 2021
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Gasgrid awards Worley contract for hydrogen pipeline system
Gasgrid Finland Oy1(Gasgrid) has awarded Worley a four-year framework agreement with an option for extension until 2032, to provide Owners Engineering (OE) services for Gasgrid’s hydrogen pipeline system development in Finland.
This 1,100 km long hydrogen pipeline system is expected to link the major hydrogen production and offtake centres across Finland and in future enable the development of hydrogen export routes to neighbouring markets.
Gasgrid states that when realized, the planned hydrogen pipeline system will support cost-efficient, reliable and secure renewable energy market development for the Nordics and Europe.Under the agreement, Worley will provide the OE services primarily through Worley’s offices in The Netherlands and Finland with support from the Global Integrated Delivery (GID) team in India.
Worley categorizes this agreement as sustainable work.2
“This project demonstrates Worley’s global expertise applied to a sustainable initiative which is contributing to Finland’s national energy strategy, and through its advancement of the hydrogen economy, helps deliver a more sustainable world.” said Chris Ashton, Chief Executive Officer of Worley.
Authorized for release by Nuala O’Leary, Group Company Secretary.
i hold WOR
.. so how much is the contract worth ?
looks like another 'unicorn fart' but let's see if Finland pays the bills when due
Gasgrid Finland Oy1(Gasgrid) has awarded Worley a four-year framework agreement with an option for extension until 2032, to provide Owners Engineering (OE) services for Gasgrid’s hydrogen pipeline system development in Finland.
This 1,100 km long hydrogen pipeline system is expected to link the major hydrogen production and offtake centres across Finland and in future enable the development of hydrogen export routes to neighbouring markets.
Gasgrid states that when realized, the planned hydrogen pipeline system will support cost-efficient, reliable and secure renewable energy market development for the Nordics and Europe.Under the agreement, Worley will provide the OE services primarily through Worley’s offices in The Netherlands and Finland with support from the Global Integrated Delivery (GID) team in India.
Worley categorizes this agreement as sustainable work.2
“This project demonstrates Worley’s global expertise applied to a sustainable initiative which is contributing to Finland’s national energy strategy, and through its advancement of the hydrogen economy, helps deliver a more sustainable world.” said Chris Ashton, Chief Executive Officer of Worley.
Authorized for release by Nuala O’Leary, Group Company Secretary.
i hold WOR
.. so how much is the contract worth ?
looks like another 'unicorn fart' but let's see if Finland pays the bills when due
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Rincon Mining awards Worley Lead Integrated Delivery Partner contract for in Argentina
Worley Limited (ASX: WOR) (“Worley”) has been named by Rincon Mining Pty Limited Sucursal Argentina (Rincon), a subsidiary of Rio Tinto, as the Lead Integration Delivery Partner(LIDP) for the detailed design and execution of the Rincon Full Potential Project.
As the LIDP, Worley is responsible for the delivery of the lithium carbonate plant and will coordinate all subcontractors including technology providers, construction contractors and industrial relations support.
With a total investment of US$2.5 billion by Rio Tinto, the Rincon Full Potential Project will develop a scalable, long-life resource capable of producing 60,000 tonnes/annum of battery grade lithium carbonate from raw brine.
Under the contract, Worley will provide LIDP services through Worley’s offices in Argentina with support from our Chile office and our Bogota workshare office.
The project will benefit from Worley’s significant presence and expertise in the lithium market in Argentina and will boost the production of lithium carbonate for batteries.
Worley categorizes this contract as sustainable work.1
"This outcome builds on our global relationship with Rio Tinto and speaks to our contribution to the project in Argentina to date.
This significant expansion in capacity at Rincon underscores our potential as an integral part of the energy transition, and demonstrates our ongoing commitment to sustainability," said Chris Ashton, Chief Executive Officer of Worley.
Authorized for release by Nuala O’Leary, Group Company Secretary.
i hold WOR
Worley Limited (ASX: WOR) (“Worley”) has been named by Rincon Mining Pty Limited Sucursal Argentina (Rincon), a subsidiary of Rio Tinto, as the Lead Integration Delivery Partner(LIDP) for the detailed design and execution of the Rincon Full Potential Project.
As the LIDP, Worley is responsible for the delivery of the lithium carbonate plant and will coordinate all subcontractors including technology providers, construction contractors and industrial relations support.
With a total investment of US$2.5 billion by Rio Tinto, the Rincon Full Potential Project will develop a scalable, long-life resource capable of producing 60,000 tonnes/annum of battery grade lithium carbonate from raw brine.
Under the contract, Worley will provide LIDP services through Worley’s offices in Argentina with support from our Chile office and our Bogota workshare office.
The project will benefit from Worley’s significant presence and expertise in the lithium market in Argentina and will boost the production of lithium carbonate for batteries.
Worley categorizes this contract as sustainable work.1
"This outcome builds on our global relationship with Rio Tinto and speaks to our contribution to the project in Argentina to date.
This significant expansion in capacity at Rincon underscores our potential as an integral part of the energy transition, and demonstrates our ongoing commitment to sustainability," said Chris Ashton, Chief Executive Officer of Worley.
Authorized for release by Nuala O’Leary, Group Company Secretary.
i hold WOR