Streetbeat News

WYGPF

Worley Limited

https://www.worley.com/

CEO

Andrew Wood

Industry

Engineering Services

Open

10.20

Mkt cap

4.7B

Volume

100

High

10.20

P/E Ratio

24.14

52-wk high

11.48

Low

8.93

Div yield

0.04

52-wk low

8.93

Occidental Petroleum Corp (OXY) has acquired existing technology provider Carbon Engineering Ltd for $1.1 billion to expedite future direct air recapture (DAC) projects. The acquisition is expected to generate incremental revenue from technology licensing and royalties. The deal also reinforces OXY's commitment to DAC technology in its low carbon ventures. OXY has a DAC specific construction partnership with Worley Ltd (WYGPF).

Portfolio Pulse from Shivani Kumaresan

August 16, 2023 | 5:37 pm

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