some coverage of todays WOR report released today.....
The outlook for its oil and gas business, WorleyParsons' biggest earner, remains positive for the current financial year.
"Major existing Hydrocarbons projects within WorleyParsons have not been impacted by the economic crisis," chief executive John Grill said.
"The upstream offshore market, in particular, remains robust."
SO ANYONE OUT THERE THINKING NMS IS SOMEHOW LINKED TO THE FALLING OIL PRICE, THINK AGAIN. ANY SERVICES COMPANY WITH AN OFFSHORE DIVISION IS LOOKING AHEAD TO A BRIGHT FUTURE.
NMS Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
