Worley Parsons Stock Today

WYGPY Stock  USD 11.03  0.34  3.18%   

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Worley Parsons is trading at 11.03 as of the 28th of March 2024; that is 3.18 percent increase since the beginning of the trading day. The stock's open price was 10.69. Worley Parsons has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Worley Parsons are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. Worley Limited was incorporated in 2001 and is headquartered in North Sydney, Australia. Worley Parsons operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. The company has 525.99 M outstanding shares. More on Worley Parsons

Moving together with Worley Pink Sheet

  0.81BKR Baker Hughes Fiscal Quarter End 31st of March 2024 PairCorr
Follow Valuation Odds of Bankruptcy
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Worley Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Worley Parsons' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Worley Parsons or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOAndrew Beng
Business ConcentrationOil & Gas Equipment & Services, Energy (View all Sectors)
Worley Parsons [WYGPY] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.55 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Worley Parsons's market, we take the total number of its shares issued and multiply it by Worley Parsons's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Worley Parsons classifies itself under Energy sector and is part of Oil & Gas Equipment & Services industry. The entity has 525.99 M outstanding shares. Worley Parsons has accumulated about 507 M in cash with 316 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97.
Check Worley Parsons Probability Of Bankruptcy

Worley Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Worley Parsons jumping above the current price in 90 days from now is about 23.56%. The Worley Parsons probability density function shows the probability of Worley Parsons pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Worley Parsons has a beta of 0.5794. This entails as returns on the market go up, Worley Parsons average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Worley Parsons will be expected to be much smaller as well. Additionally, worley Parsons has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 11.03HorizonTargetOdds Above 11.03
76.28%90 days
 11.03 
23.56%
Based on a normal probability distribution, the odds of Worley Parsons to move above the current price in 90 days from now is about 23.56 (This Worley Parsons probability density function shows the probability of Worley Pink Sheet to fall within a particular range of prices over 90 days) .

Worley Parsons Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Worley Parsons market risk premium is the additional return an investor will receive from holding Worley Parsons long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Worley Parsons. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Worley Parsons' alpha and beta are two of the key measurements used to evaluate Worley Parsons' performance over the market, the standard measures of volatility play an important role as well.

Worley Stock Against Markets

Picking the right benchmark for Worley Parsons pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Worley Parsons pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Worley Parsons is critical whether you are bullish or bearish towards Worley Parsons at a given time. Please also check how Worley Parsons' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Worley Parsons without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Worley Parsons Corporate Directors

Worley Parsons corporate directors refer to members of a Worley Parsons board of directors. The board of directors generally takes responsibility for the Worley Parsons' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Worley Parsons' board members must vote for the resolution. The Worley Parsons board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Andrew LiverisNon-Executive DirectorProfile
Thomas GormanDirectorProfile
Jagjeet BindraNon-Executive DirectorProfile
Tom HonanCFO and Managing Director of Fin.Profile

How to buy Worley Pink Sheet?

Before investing in Worley Parsons, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Worley Parsons. To buy Worley Parsons stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Worley Parsons. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Worley Parsons stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Worley Parsons stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Worley Parsons stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Worley Parsons, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Worley Parsons?

The danger of trading Worley Parsons is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Worley Parsons is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Worley Parsons. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Worley Parsons is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worley Parsons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
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When running Worley Parsons' price analysis, check to measure Worley Parsons' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worley Parsons is operating at the current time. Most of Worley Parsons' value examination focuses on studying past and present price action to predict the probability of Worley Parsons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worley Parsons' price. Additionally, you may evaluate how the addition of Worley Parsons to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Worley Parsons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Worley Parsons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worley Parsons' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.