Wood Group (John)

Wood Group is an international energy services company with more than $7 billion in sales and operating in more than 50 countries.

The Group is built on our Core Values and comprises of three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support, and maintenance management services to the oil and gas, and power generation industries worldwide. 

We are committed to providing our clients with the utmost in safe, reliable project delivery. Our goal is to always go above and beyond, exceeding expectations and delivering tangible value to our clients' operations at every touch point.
Company Growth (employees)
Type
Public
HQ
Aberdeen, GB
Founded
1971
Size (employees)
28,175 (est)
Wood Group (John) was founded in 1971 and is headquartered in Aberdeen, GB

Wood Group (John) Office Locations

Wood Group (John) has offices in Aberdeen, Houston and Perth
Aberdeen, GB (HQ)
15 Justice Mill Lane
Perth, AU
Wood Group House 432 Murray Street Perth
Houston, US
17325 Park Row Dr

Wood Group (John) Data and Metrics

Wood Group (John) Financial Metrics

Wood Group (John)'s revenue was reported to be £4.1 b in FY, 2016 which is a 18% decrease from the previous period.
GBP

Revenue (FY, 2016)

4.1 b

Revenue growth (FY, 2015 - FY, 2016), %

(18%)

Gross profit (FY, 2016)

622.4 m

Gross profit margin (FY, 2016), %

15%

Net income (FY, 2016)

34.4 m

Market capitalization (24-Jul-2017)

2.2 b

Closing share price (24-Jul-2017)

6.1

Cash (31-Dec-2016)

579.5 m
Wood Group (John)'s current market capitalization is £2.2 b.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.8 b6.6 b5 b4.1 b

Revenue growth, %

74%(24%)(18%)

Cost of goods sold

3.2 b5.6 b4.2 b3.5 b

Gross profit

624.6 m1 b817.2 m622.4 m

Gross profit Margin, %

17%15%16%15%

Operating expense total

384.9 m512 m657.8 m533 m

Pre tax profit

228.1 m475.1 m138.6 m66 m

Net Income

197.6 m362.2 m76.6 m34.4 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

95.4 m156.6 m851.3 m579.5 m

Accounts Receivable

708.2 m1.2 b941.5 m765 m

Current Assets

1.3 b1.6 b2.1 b1.6 b

PP&E

277 m796.1 m652.3 m555.5 m

Goodwill

1.2 b1.9 b2 b1.9 b

Total Assets

2.8 b4.4 b4.7 b4 b

Accounts Payable

190.7 m297.2 m224.2 m187.3 m

Current Liabilities

833.4 m1.1 b1.5 b1.1 b

Total Liabilities

1.3 b1.8 b2.3 b1.8 b

Retained Earnings

153.3 m260.7 m(39.4 m)(88.2 m)

Total Equity

1.6 b2.5 b2.4 b2.2 b

Financial Leverage

1.8 x1.7 x2 x1.8 x
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

253.1 m460 m466.3 m189.5 m

Cash From Financing Activities

25.2 m(57.7 m)(38.7 m)(380.2 m)

Income Taxes Paid

(30.4 m)(112.9 m)(62 m)(31.6 m)
Y, 2016

Financial Leverage

1.8 x

Wood Group (John) Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Amec Foster WheelerMarch 13, 2017$2.7 b

Wood Group (John) Market Value History

Wood Group (John) Revenue Breakdown

Traffic Overview of Wood Group (John)

Wood Group (John) Online and Social Media Presence

Wood Group (John) News and Updates

Oil services firms increase merger cost-savings estimates

Oil services group John Wood Group today increased its cost-saving estimates for its merger with Amec Foster Wheeler, sending its shares up four per cent. Wood Group, which agreed the terms of a £5bn merger with Amec last month, initially said synergies would total £110m a year. Read more: UK …

Article 50, schmarticle 50: UK M&A activity is booming

The imminent triggering of Article 50 appears to be having no negative effect on UK mergers and acquisitions (M&A), with several major deals announced in recent weeks. New figures show British deal activity has been booming since the Brexit vote, and this year especially. This week’s Bovis…

UK oil and gas companies in £5bn merger deal

Two UK oil and gas firms have agreed to a £5bn merger. John Wood Group announced this morning it had agreed a takeover deal for FTSE 250-listed Amec Foster Wheeler. Amec’s share price jumped 18 per cent to £5.76 at the time of writing, while John Wood’s was up eight per cent to £8.10. The …

Wood Group posts slide in revenue but sees "indications of modest recovery"

Weak oil prices have hit Wood Group's first half earnings - but that hasn't stopped its chief exec from making positive noises. The figures Wood Group posted a 63.2 per cent drop in profits to $44.6m (£34.5m) in the first half of the year. The company reported revenue that dropped by 16.6 p…

Fresh wave of North Sea strikes suspended as talks restart

A third round of strikes on Shell's North Sea platforms have been suspended to restart talks between Wood Group and trade unions. A series of strikes had been planned by workers of oil services firm Wood Group on Shell's Curlew, Brent Alpha, Brent Bravo, Nelson, Gannet, Shearwater, Brent Charlie …
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Wood Group (John) Company Life and Culture

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