Dusseldorf - Delayed Quote • EUR John Wood Group Plc (JWG1.DU) Follow Compare 0.7395 -0.0160 (-2.12%) At close: January 10 at 7:31:55 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations EnergyPathways partners with Wood for gas and hydrogen storage venture Wood will contribute expertise to EnergyPathways' technical team, focusing on developing both offshore and onshore facilities. Shares in North Sea giant fall 60pc after Deloitte called in for investigation One of the North Sea’s largest energy companies was plunged into crisis on Thursday after a shock accounting investigation by audit giant Deloitte triggered a 60pc fall in its share price. Wood Group Shares Plunge to Multidecade Low After Weak Quarterly Performance Shares sank to their lowest point in more than 20 years after the Scottish energy-services provider reported disappointing performance in its projects business. Stocks to watch this week: Berkshire Hathaway, Super Micro, Novo Nordisk, Vistry and M&S Earnings preview of key companies reporting this week and what to look out for. UK Stocks That May Be Trading Below Estimated Value The United Kingdom's stock market has recently faced challenges, with the FTSE 100 and FTSE 250 indices experiencing declines amid weak trade data from China, highlighting global economic uncertainties. In such a climate, identifying stocks that may be trading below their estimated value can offer potential opportunities for investors seeking to navigate these turbulent times effectively. Wood Group shares hold steady despite large write-off Shares of John Wood Group (LON:WG) held steady on Tuesday following the company’s release of its first-half results. Despite reporting a significant net loss and undertaking substantial write-offs, Wood Group reaffirmed its guidance for the year and provided a clear outlook for 2025. For the first half of 2024, Wood Group reported a net loss of $983 million, driven by charges totaling $966 million. Stocks to watch this week: Palo Alto, Antofagasta, Analog Devices and Urban Outfitters Earnings preview of key companies reporting this week and what to look out for. Form 8.3 - John Wood Group plc LONDON, August 09, 2024-- FORM 8.3 Form 8.3 - Wood Group (John) plc LONDON, August 05, 2024-- FORM 8.3 Market chaos derails $2bn UK takeover A $2bn (£1.6bn) deal to buy North Sea oil engineer Wood Group has collapsed amid global market turmoil. Every household should be forced to have a smart meter, says British Gas boss The chief executive of British Gas’ owner Centrica has said every household should be forced to have a smart energy meter to help hit net zero targets, despite widespread resistance to the devices. UPDATE 1-Sparta Capital urges Wood Group to seek sale, rethink UK listing Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday. A representative for the hedge fund declined to comment on the letter and also declined to confirm how much stock Sparta Capital held in Wood Group. Wood Group also declined to comment. Sparta Capital urges Wood Group to seek sale, rethink UK listing Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday. A representative for the hedge fund declined to comment on the letter and also declined to confirm how much stock Sparta Capital held in Wood Group. Wood Group also declined to comment. Trouble in the North Sea? Wood Group Announces Job Cuts UK oil major Wood Group is cutting 200 jobs, likely due to a combination of decreased profits and a windfall tax on the oil and gas sector. Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is FTSE 100 Return JWG1.DU FTSE 100 YTD -3.96% +1.57% 1-Year -58.64% +7.35% 3-Year -70.18% +10.20%