Annuncio • May 14
Worley Limited to Report Q3, 2026 Results on May 14, 2026 Worley Limited announced that they will report Q3, 2026 results on May 14, 2026 Annuncio • Dec 17
SPIE Oil & Gas Services SAS entered into agreement to acquire Worley Power Services from Worley Limited (ASX:WOR). SPIE Oil & Gas Services SAS entered into agreement to acquire Worley Power Services from Worley Limited (ASX:WOR) on December 16, 2025. On completion of the acquisition, Worley Power Services will be renamed SPIE Power Services. With this acquisition, SPIE Global Services Energy expands its core expertise in technical maintenance to include power generation assets. Annuncio • Oct 22
Worley Limited, Annual General Meeting, Nov 20, 2025 Worley Limited, Annual General Meeting, Nov 20, 2025. Location: paradox hotel, 27 oconnell st, nsw 2000, sydney Australia Annuncio • Sep 01
Worley Limited Announces Board and Committee Changes Worley Limited announced Non-Executive Director Sharon Warburton has decided to retire from the Worley Board effective 31 August 2025. Sharon joined the Board in February 2019, bringing extensive business experience and expertise in strategy, finance and risk management. Sharon served as Chair of the Audit and Risk Committee from February 2023 to August 2024, providing strong leadership and oversight throughout her tenure. Worley announced the appointment of Jeanne Johns as an independent Non-Executive Director of the Worley Board effective 1 September 2025. Jeanne will be a member of the Nominations Committee and the Audit and Risk Committee. Jeanne's appointment to the Worley Board follows her career as an international executive in refining, petrochemicals, oil and gas, civil explosives and agricultural fertilizers. Jeanne served as Chief Executive Officer and Managing Director of Incitec Pivot Ltd. from November 2017 until June 2023. Prior to joining Incitec, Jeanne held several executive leadership roles in the US, UK/Europe and Asia/China during her 30 years with BP plc. Jeanne brings a global perspective and insights from working in diverse business environments along with technical expertise in HSE, operations, projects and engineering. Jeanne is a non-executive director of HF Sinclair. Annuncio • Mar 26
Worley Limited Announces CFO Changes Worley Limited announced that Tiernan O'Rourke will step down as Chief Financial Officer effective 30 June 2025. Tiernan is retiring from full-time work in ASX listed companies after a long and successful career culminating in nearly four years of dedicated service to Worley. Tiernan intends to take on advisory and consulting activities in the private sector. Justine Travers has been appointed to the position of Chief Financial Officer (CFO) effective 1 July 2025. Based in Australia, Justine is currently the Deputy CFO. Justine's experience includes senior finance and operational leadership roles, with the finance leadership roles focussed on capital and financial management, strategy and policy. Prior to joining Worley, Justine worked at Newcrest Mining. Justine brings an in-depth understanding of public company reporting requirements and capital structure and has a strong understanding of the Worley business. Tiernan will remain with Worley until 26 September 2025 to support Justine as she transitions into her new role. Annuncio • Feb 26
Worley Limited (ASX:WOR) announces an Equity Buyback for AUD 500 million worth of its shares. Worley Limited (ASX:WOR) announces a share repurchase program. Under the program, the company will repurchase up to AUD 500 million worth of its shares. The purpose of program is to enhance shareholder's value. The program will be valid till March 12, 2026. As of February 26, 2025, the company had 529,105,527 shares issued and outstanding. Annuncio • Oct 21
Worley Limited, Annual General Meeting, Nov 21, 2024 Worley Limited, Annual General Meeting, Nov 21, 2024. Location: at radisson blu plaza hotel, 27 oconnell st, sydney nsw 2000 Australia Declared Dividend • Aug 29
Final dividend of AU$0.25 announced Shareholders will receive a dividend of AU$0.25. Ex-date: 2nd September 2024 Payment date: 1st October 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 27
Full year 2024 earnings released: EPS: AU$0.57 (vs AU$0.07 in FY 2023) Full year 2024 results: EPS: AU$0.57 (up from AU$0.07 in FY 2023). Revenue: AU$11.8b (up 4.2% from FY 2023). Net income: AU$303.0m (up AU$266.0m from FY 2023). Profit margin: 2.6% (up from 0.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Mar 06
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.4% to €9.95. The fair value is estimated to be €12.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Declared Dividend • Mar 01
First half dividend of AU$0.25 announced Shareholders will receive a dividend of AU$0.25. Ex-date: 5th March 2024 Payment date: 3rd April 2024 Dividend yield will be 4.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio). However, it is covered by cash flows (57% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 67% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 29
First half 2024 earnings released: EPS: AU$0.20 (vs AU$0.19 loss in 1H 2023) First half 2024 results: EPS: AU$0.20 (up from AU$0.19 loss in 1H 2023). Revenue: AU$6.08b (up 13% from 1H 2023). Net income: AU$106.0m (up AU$205.0m from 1H 2023). Profit margin: 1.7% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year. Buying Opportunity • Jan 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.3%. The fair value is estimated to be €11.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 27% per annum over the same time period. Board Change • Jan 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Joe Geagea was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Aug 30
Airswift Global AS completed the acquisition of Energy Resourcing Australia Pty Limited from Worley Limited (ASX:WOR). Airswift Global AS entered into an agreement to acquire Energy Resourcing Australia Pty Limited from Worley Limited (ASX:WOR) on August 8, 2023. Upon completion, Airswift will fully integrate Energy Resourcing into its existing brand, systems and processes. The acquisition is conditional on regulatory approvals and the completion or waiver of certain other customary closing conditions and is expected to close by the end of August 2023.
Airswift Global AS completed the acquisition of Energy Resourcing Australia Pty Limited from Worley Limited (ASX:WOR) on August 29, 2023. Annuncio • Aug 23
Worley Limited Announces Final Dividend, Payable on 27 September 2023 Worley Limited announced that the directors have resolved to pay a final dividend of 25.0 cents per fully paid ordinary share, including exchangeable shares, unfranked (2022: 25.0 cents per share). The Company will make total dividend payments of 50.0 cents per share for the financial year ended 30 June 2023 (2022: 50.0 cents per share). The final dividend will be paid on 27 September 2023 for shareholders on the register at the record date, being 30 August 2023. Reported Earnings • Aug 23
Full year 2023 earnings released Full year 2023 results: Revenue: AU$11.3b (up 17% from FY 2022). Net income: AU$37.0m (down 79% from FY 2022). Profit margin: 0.3% (down from 1.8% in FY 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Buying Opportunity • Jul 26
Now 20% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be €12.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Meanwhile, the company became loss making. Annuncio • Jul 24
Worley Limited to Report Fiscal Year 2023 Results on Aug 23, 2023 Worley Limited announced that they will report fiscal year 2023 results on Aug 23, 2023 Annuncio • Jun 30
Worley Limited Announces Board Changes Worley Limited announced that Dr. Christopher (Chris) Haynes OBE has decided to retire after eleven years on the Worley Board effective 30 June 2023. The company announced the appointment of Joseph (Joe) Geagea as an Independent Non-Executive Director to the Board of Directors effective 1 July 2023. Joe will become a member of the Nominations Committee and the People and Remuneration Committee. Joe's appointment to the Worley Board follows his extensive career at Chevron Corporation, where he most recently held the role of Executive Vice President and senior adviser to the Chairman and CEO. Prior to that appointment, Joe served as Executive Vice President of Technology, Projects and Services. Joe holds a Bachelor and a Master of Civil Engineering from the University of Illinois and is a member of the American Society of Civil Engineers. Annuncio • May 28
CAM Industrial Solutions LLC completed the acquisition of Maintenance and Turnaround Business in North America from Worley Limited (ASX:WOR). CAM Industrial Solutions LLC entered into an agreement to acquire Maintenance and Turnaround Business in North America from Worley Limited (ASX:WOR) for approximately AUD 180 million on February 21, 2023. The sale also includes Worley's power operations and maintenance business. The consideration will be paid in cash. Worley's construction and fabrication business in North America is not included in the sale. The existing management team will join and manage CAM Industrial and will be led by Mick Kaefer as its President. Donovan Boyd, Executive Partner with Cross Rapids Capital, will be appointed Chief Executive Officer of CAM Industrial. The transaction is subject to regulatory approval and customary closure conditions and is expected to close in the second half of FY2023. UBS Securities LLC is acting as exclusive financial advisor to Worley, and Reed Smith LLP is acting as Worley's legal advisor. Greenberg Traurig, LLP is acting as Cross Rapids Capital's legal advisor.
CAM Industrial Solutions LLC completed the acquisition of Maintenance and Turnaround Business in North America from Worley Limited (ASX:WOR) on May 26. 2023. Annuncio • May 11
Worley on Lookout for Smaller Deals that Add to its Value At the Macquarie Australia Conference in Sydney last week, Worley Limited (ASX:WOR) signaled that it was examining the market for smaller deals that would add value. Worley boss Chris Ashton told DataRoom that such opportunities could be funded through its net debt, which was $1.8 billion at February, and the potential opportunities no doubt were a line of questioning at Worley's investor day on 9 May 2023. The company said at the Macquarie Australia Conference that opportunities were too expensive in the past but were starting to come down. The acquisitions considered would be those that added skill sets that the company did not already have and would be accretive. Sources say Worley's focus is on buying businesses that improve its technological capabilities. Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Emma Stein was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 23
First half 2023 earnings released: AU$0.19 loss per share (vs AU$0.15 profit in 1H 2022) First half 2023 results: AU$0.19 loss per share (down from AU$0.15 profit in 1H 2022). Revenue: AU$5.39b (up 16% from 1H 2022). Net loss: AU$99.0m (down 225% from profit in 1H 2022). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Jan 11
Worley Limited to Report First Half, 2023 Results on Feb 22, 2023 Worley Limited announced that they will report first half, 2023 results on Feb 22, 2023 Reported Earnings • Aug 24
Full year 2022 earnings released: EPS: AU$0.33 (vs AU$0.17 in FY 2021) Full year 2022 results: EPS: AU$0.33 (up from AU$0.17 in FY 2021). Revenue: AU$9.71b (up 1.9% from FY 2021). Net income: AU$172.0m (up 100% from FY 2021). Profit margin: 1.8% (up from 0.9% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.5%, compared to a 14% growth forecast for the Energy Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Board Change • Mar 29
High number of new directors Independent Non-Executive Director Emma Stein was the last director to join the board, commencing their role in 2020. Buying Opportunity • Feb 25
Now 21% undervalued Over the last 90 days, the stock is up 28%. The fair value is estimated to be AU$9.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% per annum over the last 3 years. Earnings per share has declined by 30% per annum over the last 3 years. Reported Earnings • Feb 24
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: AU$0.15 (up from AU$0.042 in 1H 2021). Revenue: AU$4.66b (down 4.4% from 1H 2021). Net income: AU$79.0m (up 259% from 1H 2021). Profit margin: 1.7% (up from 0.5% in 1H 2021). Revenue missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.8%, compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Director Overboarding • Sep 01
Director Sharon Warburton has joined 5th company board Sharon Warburton has been appointed to the board of Northern Star Resources Limited (ASX:NST). Warburton now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Sep 01
Director Sharon Warburton has joined 5th company board Sharon Warburton has been appointed to the board of Northern Star Resources Limited (ASX:NST). Warburton now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Sep 01
Director Sharon Warburton has joined 5th company board Sharon Warburton has been appointed to the board of Northern Star Resources Limited (ASX:NST). Warburton now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Sep 01
Director Sharon Warburton has joined 5th company board Sharon Warburton has been appointed to the board of Northern Star Resources Limited (ASX:NST). Warburton now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Sep 01
Director Sharon Warburton has joined 5th company board Sharon Warburton has been appointed to the board of Northern Star Resources Limited (ASX:NST). Warburton now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Reported Earnings • Aug 25
Full year 2021 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$9.53b (down 27% from FY 2020). Net income: AU$86.0m (down 50% from FY 2020). Profit margin: 0.9% (down from 1.3% in FY 2020). The decrease in margin was driven by lower revenue. Reported Earnings • Feb 25
First half 2021 earnings released: EPS AU$0.043 (vs AU$0.22 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: AU$4.87b (down 29% from 1H 2020). Net income: AU$22.3m (down 81% from 1H 2020). Profit margin: 0.5% (down from 1.7% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorated over the past week After last week's 17% share price decline to AU$6.35, the stock is trading at a trailing P/E ratio of 31x, down from the previous P/E ratio of 37.4x. This compares to an average P/E of 12x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 18%. Valuation Update With 7 Day Price Move • Nov 26
Market bids up stock over the past week After last week's 20% share price gain to AU$8.50, the stock is trading at a trailing P/E ratio of 42.5x, up from the previous P/E ratio of 35.5x. This compares to an average P/E of 15x in the Energy Services industry in Europe. Total returns to shareholders over the past three years were flat. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 17% share price gain to AU$6.75, the stock is trading at a trailing P/E ratio of 33.8x, up from the previous P/E ratio of 28.8x. This compares to an average P/E of 13x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 15%. Is New 90 Day High Low • Nov 11
New 90-day high: €6.55 The company is up 20% from its price of €5.45 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.62 per share. Is New 90 Day High Low • Oct 13
New 90-day high: €6.40 The company is up 17% from its price of €5.45 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.79 per share. Is New 90 Day High Low • Sep 24
New 90-day high: €6.05 The company is up 13% from its price of €5.35 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.48 per share.