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Worley Secures Major Contract for ExxonMobil’s Baytown Reconfiguration

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Worley Secures Major Contract for ExxonMobil’s Baytown Reconfiguration

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An announcement from Worley Limited ( (AU:WOR) ) is now available.

Worley Limited has been awarded a significant construction contract by ExxonMobil for a major reconfiguration project at its Baytown, Texas complex. The project aims to enhance manufacturing capabilities for higher-value products and improve operational efficiency, with completion expected in 2028. This contract underscores Worley’s role in providing innovative solutions that support the energy sector’s evolving needs.

The most recent analyst rating on (AU:WOR) stock is a Buy with a A$16.00 price target. To see the full list of analyst forecasts on Worley Limited stock, see the AU:WOR Stock Forecast page.

More about Worley Limited

Worley is a leading global professional services company specializing in energy, chemicals, and resources. Headquartered in Australia and listed on the Australian Securities Exchange, Worley partners with customers to deliver projects and create value over the life of their assets, focusing on both traditional and sustainable energy sources.

Average Trading Volume: 2,054,517

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$7.03B

For an in-depth examination of WOR stock, go to TipRanks’ Overview page.

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