DEC 22·TipRanks▲
Worley Wins EPC Contract for ConocoPhillips’ Ekofisk Redevelopment
Worley Limited secured an Engineering, Procurement and Construction (EPC) contract from ConocoPhillips Skandinavia AS for brownfield modifications at the Ekofisk Complex on the Norwegian Continental Shelf. This project, scheduled from 2026 to 2028, reinforces Worley's relationship with ConocoPhillips and strengthens its position in the North Sea offshore EPC market. The most recent analyst rating on Worley (AU:WOR) stock is a Hold with a A$14.00 price target.
DEC 16·Yahoo Finance Singapore▲
Worthington Enterprises Reports Second Quarter Fiscal 2026 Results
Worthington Enterprises Inc. announced solid financial results for its fiscal 2026 second quarter, with net sales increasing 19% to $327.5 million and adjusted net earnings rising 7% to $32.5 million. The company repurchased 250,000 common shares and declared a quarterly dividend of $0.19 per share. Additionally, Worthington Enterprises signed an agreement to acquire LSI Group for approximately $205 million, expected to close in January 2026.