John Wood Group PLC (WG) is an Aberdeen, Scotland-based energy servicesâ group. The company is focused on engineering, drilling services, and oilfield logistics & supplies. The group provides comprehensive services to support its customers throughout the asset life cycle, from concept to decommissioning, through specialist consultancy services, project-based delivery or long-term contracts. The company targets a broad range of industrial markets, including a range of energy, process and utility markets, and combines its global experience, innovative ideas and solutions, and a flexible approach to serve its customers efficiently. The group's operations are differentiated in five operating segments: Asset Solutions EAAA (Europe, Africa, Asia, Australia), Assets Solutions Americas, Investment Services, E&IS (Environment and Infrastructure Solutions) and STS (Specialist Technical Solutions).
Ian D. Marchant is the Chairman of the Board; he was appointed to the position in 2014. He has previously held various management positions as Chief Executive and Chairman in other companies. Robin Watson was appointed as the Group Chief Executive in January 2016. David Kemp is the Chief financial officer.
The companyâs reported revenue (excluding JV) surged from $5,394m in 2017 to $10,014m in 2018, supported by favourable conditions in the full range of energy and industrial end markets. Adjusted diluted EPS rose by 7.7% to 57.4c. The board proposed a final dividend of 23.7c, representing an increase of 2% from the last year data.
For the period from 2019 to 2021, the FTSE 250 listed company (John Wood) had awarded 496,466 shares to senior management in April. From this, the CEO will get 329,513 shares, worth around £1.5 million which was triple from his annual base salary. The CFO will get 166,953 shares, worth around £776 thousand value which was two times from his annual base salary.
The company said that it would stand by the principles to ensure the company motivate and incentivise senior management in the long-term to deliver the strategic business plan.
 Daily Chart as at May-08-19, before the market closed (Source: Thomson Reuters)
On May 08, 2019, at the time of writing (before the market closed, at 9:00 am GMT), WG shares were trading at GBX 450.70, up by 2.9 per cent against its previous day closing price. Stock's 52 weeks High and Low is GBX 801.20/GBX 437.50. At the time of writing, the share was trading 43.75 per cent lower than the 52w High and 3.02 per cent higher than the 52w low. Stock's average traded volume for 5 days was 2,430,896.40; 30 days â 2,477,054.27 and 90 days â 2,688,563.14. The average traded volume for 5 days was down by 1.86 per cent as compared to 30 days average traded volume. The company's stock beta was 0.74, reflecting less volatility as compared to the benchmark index. The outstanding market capitalisation was around £2.99 billion with a dividend yield of 6.17 per cent.
During 2018, the company reported good trading momentum and cost synergy delivery. The company is making good progress on non-core asset disposal programme, helping it to focus on core business activities and improve efficiency.