Willbros Group, Inc. (WG)

[tedkov]

Willbros Shareholders Upset Over Merger Bid - (via Business Journal)
March 29, 2018
Tags: NewsPoints Willbros Primoris United States Corporate Affairs Mergers &
Acquisitions

A group of Willbros Group Inc. shareholders are attempting
to block the purchase of the company by Primoris Services Corporation.

The shareholders allege that the purchase price of $0.60 per share is insufficient in light of the company's growth prospects, and that deal-protection clauses in the merger agreement preclude other
companies from submitting successful competing offers. In addition, shareholders allege that senior management obtained personal benefits for their own self interests in agreeing to sell the company that are not being shared with common stockholders.

Willbros did not immediately respond to requests for a comment.
To contact the law firm on behalf of shareholders of
Willbros for more information as to how you can participate with other shareholders for a higher price at no cost or expense call toll free 800.511.7037 or [e-mail]

[benchman]

WG is now WGRP. 60 cents baby! Weeeee!

[Kadolor]

Yes!

https://globenewswire.com/news-release/2018/03/28/1454533/0/en/Primoris-Services-Corporation-to-Acquire-Willbros.html

[benchman]

Thanks! I was out of town. Looks like a 60 cent share buyout!

[ammobox]

Willbros Group Shares Halted Down 19.5% At ~$0.1529 26 Mar 2018 13:02:27 -0400

https://www.benzinga.com/trading-ideas/movers/18/03/11418910/willbros-group-shares-halted-down-19-5-at-0-1529

[jindal]

Lol yeah what's the real story behind this. Could be a dead cat bounce. Then more Carnage on the way. Lol

[benchman]

LOL, me too...

[lvhd]

Looking for a double here. Blah, blah, blah.

[make it happen]

Garbage stock insiders selling not filling blah blah blah

[MARINO]

Enuff let her RUN. Oversold $$$

[benchman]

LOL, not happening. Should see .30+ today.

[ottoman]

lol. Is he the Dennis Gartman of IHUB?

I just wish Gartman was on CNBC's fast money saying, WG is toast, then this thing would bounce to $5 tomorrow.

[GreekSeas0ning]

Surprised on how this didn't go to 00s today with the news finally. Sorry for your loses gentlemen, if any.

[MARINO]

Oh man...were doomed now!

[ClayTrader]

* * $WG Video Chart 03-20-18 * *

Link to Video - click here to watch the technical chart video

[MARINO]

Over reaction will bounce $$$$

[$treet $inatra]

nasty drop here

[GioNico]

I got out anyways lol no time for all that

[willlbone]

"Assessing Strategic Options" means all equity about to be cancelled.

[GioNico]

Bankruptcy??

[GioNico]

Does anyone follow this board?

[willlbone]

Chap 11 likely now.

[make it happen]

About that time? Not many eyes atm

[cdrom]

A timeline of the Keystone XL oil pipeline

Notable events in the dispute over the Keystone XL oil pipeline, which is slated to run from Canada to U.S. refineries in the Gulf Coast.

___

March 2008 " The U.S. State Department issues a presidential permit for a $5.2 billion Keystone pipeline to transport crude oil.

September 2008 " TransCanada files paperwork to expand the existing Keystone pipeline with a new Keystone XL route. The pipeline would extend from Canada's tar sands through Montana, South Dakota and Nebraska, where it would connect with the existing Keystone pipeline route to carry more than 800,000 barrels of crude oil a day to specialized refineries along the Texas Gulf Coast.

The original Keystone pipeline route runs through North Dakota, South Dakota, Nebraska, Kansas, Oklahoma and Texas. Because the Keystone XL would cross the U.S. border, the State Department must determine whether the project is in the national interest.

June 2010 " First Keystone pipeline goes into operation.

August 2011 " Then-Nebraska Gov. Dave Heineman sends a letter to President Barack Obama asking that the proposed Keystone XL pipeline avoid the Sandhills, an area consisting of fragile, grass-covered sand dunes in western Nebraska.


Aug. 26, 2011 " The U.S. State Department issues its final environmental impact statement determining "there would be no significant impacts to most resources along the proposed project corridor."

Oct. 15, 2010 " As the permit is reviewed, then-Secretary of State Hillary Rodham Clinton says the department is "inclined" to approve project. The project begins to galvanize the environmental movement to pressure the Obama administration to act on climate change. Republicans and other project supporters argue the project will create jobs and help the economy.

November 2011 " Amid growing public resistance to the Keystone XL, Heineman calls lawmakers into a special session to address environmental concerns in Nebraska. Lawmakers approve a pipeline siting law that requires companies to apply through an independent state commission. Obama announces a delay, pushing off the decision until after his re-election campaign. His administration says other potential routes through Nebraska need to be studied.

Dec. 23, 2011 " Congress tries to force Obama's hand by passing legislation requiring approval of the Keystone XL pipeline within 60 days unless the president determines the project does not serve the national interest. Weeks later, Obama rejected the application but allowed TransCanada to re-apply.

April 2012 " Nebraska lawmakers rewrite the pipeline law to give the governor the power to approve the Keystone XL route through the state.

May 4, 2012 " TransCanada reapplies and restarts the federal review process.

March 1, 2013 " The State Department issues an environmental review that raises no major objections to the Keystone XL oil pipeline and says other options to get oil from Canada to Gulf Coast refineries are worse for climate change.

June 25, 2013 " Obama declares he will only approve the project if it doesn't worsen carbon pollution. "Our national interest would be served only if this project does not significantly exacerbate the problem of carbon pollution," Obama says in a speech declaring that fighting climate change will be a major priority his second term.

Jan. 31, 2014 " The State Department releases another final environmental impact statement, again voicing no major environmental objections to the project.

Feb. 19, 2014 " A Nebraska judge overturns the state law that allowed the pipeline, throwing the project into legal limbo.

April 18, 2014 " The State Department announces it is again delaying its review, citing the legal dispute over the Nebraska route.

January 2015 " TransCanada files legal papers in nine Nebraska counties to invoke eminent domain for the land that's needed to construct, operate and maintain the pipeline.

Feb. 11, 2015 " Congress again tries to push the Obama administration to decide on the permit by passing legislation forcing the decision and sending it to the White House. Obama vetoes the bill days later.

Sept. 22, 2015 " Clinton, now seeking the Democratic nomination for president, says she opposes construction of the Keystone pipeline.

Nov. 2, 2015 " As it appears increasingly likely that Obama will reject the pipeline, TransCanada asks the administration to suspend the company's application. The State Department reviews the request for a day, and then rejects it.

Nov. 6, 2015 " Obama announces he is rejecting the permit to build the Keystone pipeline. The project is not in the national interest, he says. "America is now a global leader when it comes to taking serious action to fight climate change. And frankly, approving this project would have undercut that global leadership," he says.

June 2016 " TransCanada seeks $15 billion in damages from the federal government in response to the Obama administration rejecting the Keystone XL pipeline.

Jan. 24, 2017 " President Donald Trump signs executive actions to advance the construction of the Keystone XL pipeline, along with the four-state Dakota Access oil pipeline.

[cdrom]

Trump takes steps to advance Keystone and Dakota pipelines

http://www.worldoil.com/news/2017/1/24/trump-takes-steps-to-advance-keystone-and-dakota-pipelines

WASHINGTON (Bloomberg) -- President Donald Trump took steps to advance construction of the Keystone XL and Dakota Access pipelines, marking the start of an era with fewer constraints on the oil industry to the chagrin of environmentalists who have bitterly fought the projects.

The moves, among Trump’s first actions since taking office, are a major departure from the Obama administration, which rejected TransCanada Corp.’s Keystone proposal in 2015 and has kept Dakota Access blocked since September. Environmentalists, concerned about climate change and damage to waters, land and Native-American cultural sites, now face an executive branch that’s less sympathetic to their efforts. For the oil industry, it heralds more freedom to expand infrastructure and ease transportation bottlenecks.

"We are going to renegotiate some of the terms," Trump told reporters today in the Oval Office as he signed the two measures. "We will build our own pipelines we will build our own pipes."

Foreshadowing Trump’s plans, the president told U.S. auto executives at a White House meeting Tuesday morning: "We’re going to make the process much more simple for the oil companies and everybody else that wants to do business in the United States."

TransCanada climbed as much as 2.9% to C$64.36 at 11:24 a.m. in New York. Energy Transfer Equity LP and Energy Transfer Partners LP, the developers of the Dakota project, climbed as much as 4% and 2.4%, respectively.

TransCanada had no immediate comment on the president’s actions before they were announced, and Energy Transfer didn’t immediately respond to requests for comment. A spokeswoman for the Standing Rock tribe that opposes the Dakota project says she would comment "if it happens."

White House press secretary Sean Spicer on Monday said both Dakota Access and Keystone are examples of projects that would "increase jobs, increase economic growth, and tap into America’s energy supply more." He said Trump wanted to balance environmental protection with activity that can grow jobs and the economy.

It wasn’t immediately clear what mechanism the documents Trump signed today would take. But his advisers have urged the new president to direct the U.S. Army Corps of Engineers to grant an easement that would allow construction of the final portion of Dakota Access, reversing the Obama administration’s conclusion that more environmental scrutiny was needed.

The advisers had also urged the president to pave the way for Keystone XL by rescinding a 49-year-old directive from former President Lyndon B. Johnson that assigned the State Department responsibility for determining whether proposed cross-border energy projects serve the "national interest."

TransCanada may need to submit another formal application to build the pipeline. The company’s plans for Keystone XL already have been vetted, with years of environmental scrutiny culminating in Obama’s 2015 decision that the pipeline was not in the U.S. interest.

TransCanada has not said it would reapply for permission to build the pipeline, but the day after Trump’s election, the Calgary-based company said it was looking for ways to convince the new administration of the project’s benefits to the U.S. economy. The company has previously said it remains "committed to Keystone XL."

Environmentalists fiercely battled the project, making it a flashpoint in broader debates about U.S. energy policy and climate change. Landowners in the pipeline’s path warned that a spill of dense crude could contaminate the Ogallala aquifer, a source of drinking water that stretches from Texas to South Dakota. And activists said it would promote further development of oil sands in Alberta, Canada that generally require more energy to extract.

Dakota Access opponents say the pipeline would damage sites culturally significant to Native Americans and pose an environmental hazard where it crosses the Missouri River. Earlier this month, the Department of the Army withheld the final easement necessary for construction beneath the lake.

Energy Transfer has argued it went through the full permitting process and has the necessary approvals. The company has said the line will be in service in the first quarter of this year, a delay from its original expectations that Dakota Access would be operational by the end of 2016.

Swift approval of Dakota Access could reinvigorate the sometimes violent protests at the site of the proposed construction. Environmental activists vowed to continue battling both projects.

“A powerful alliance of indigenous communities, ranchers, farmers, and climate activists stopped the Keystone pipeline the first time, and the same alliance will come together to stop Keystone again if Trump tries to raise it from the dead," said Travis Nichols, a spokesman with Greenpeace.

Josh Nelson, the deputy political director of the CREDO activist group said the action would show Trump is "in the pocket of big corporations and foreign oil interests."

"Fierce grassroots activism has stopped these pipelines over and over again,” he said. "CREDO will do everything in its power to stop the Dakota Access and Keystone XL pipelines, and keep dirty fossil fuels in the ground where they belong.”

Pipeline supporters said a final easement for the project would illustrate Trump’s commitment to building out energy infrastructure needed to ferry oil and gas around the U.S. Although Keystone XL would transport oil sands crude from Canada, some space on the line is slated to be filled by supplies from North Dakota’s Bakken shale play.

Dakota Access, likewise, is aimed at giving Bakken producers a new route to energy markets, allowing them to forgo more costly rail shipments that have been a backstop when existing pipes fill up. With a capacity of about 470,000 bpd, Dakota Access would ship about half of current Bakken crude production and enable producers to access Midwest and Gulf Coast markets.

Craig Stevens, spokesman for the Midwest Alliance for Infrastructure Now said moves to advance Keystone XL and Dakota Access would be a "positive development" for "our nation’s resource development energy infrastructure as a whole.

Energy Transfer owns the Dakota Access project with Phillips 66 and Sunoco Logistics Partners LP. Marathon Petroleum Corp. and Enbridge Energy Partners LP announced a venture in August that would also take a minority stake in the pipeline

[stocktrademan]

WG bullish 2.85






normal chart




log chart

[Guitarmanlife]

a little volatile this one is eh?

[Mr-Meeseeks]

Great entry under 2 today. Hold on to your seats everyone we are about to pop to $3

[$Pistol Pete$]

$WG Daily & Weekly Chart

[$Pistol Pete$]

$WG Willbros Amends Credit Facility Covenants

HOUSTON, March 1, 2016 /PRNewswire/ -- Willbros Group, Inc. (WG) and its lender have entered into an amendment of the financial covenants associated with Willbros' Term Loan. These amendments put in place less stringent financial covenants for all of 2016 and the first two quarters of 2017. Willbros elected to seek and has obtained this additional flexibility in its financial covenants given the uncertain general market conditions and the potential impact of sustained low oil and natural gas prices on customer spending. Details of these new covenant levels are provided in a Form 8-K filed by the Company with the SEC. The Company has significantly reduced its debt and operating cost structure over the past 18 months and expects to report that its term loan debt at December 31, 2015 is approximately $95 million, compared to $270 million at year-end 2014.

Michael J. Fournier, President and CEO, commented, "We are pleased to have reached agreement with our lender to get this additional flexibility in our financial covenants. Our assessment of the end markets for our services in 2016 is that we will continue to see intense competition in Canada, and a tempered market for pipeline construction in the United States, as the pace of planned projects slows. We do believe the electric distribution business, including overhead to underground conversion, will provide growth opportunities for our Utility T&D segment in 2016. There remains risk in the volatility of work acquisition due to the headwinds of the current market conditions. With our credit facilities more aligned with this new market reality, and the steps we have already taken to right-size our operations, we intend to focus our energy on business development and project execution."

Willbros is a specialty energy infrastructure contractor serving the oil, gas, and power industries. Our offerings include construction (either individually or as an integrated EPC service offering), maintenance, facilities development and operations services. For more information on Willbros, please visit our web site at www.willbros.com.

This announcement contains forward-looking statements. All statements, other than statements of historical facts, which address activities, events or developments the Company expects or anticipates will or may occur in the future, are forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from these statements, including unanticipated accounting or other issues regarding any material weaknesses in internal control over financial reporting; inability of the Company or its independent auditor to confirm relevant information or data; unanticipated issues that prevent or delay the Company's independent auditor from completing its review of financial statements or that require additional efforts, procedures or review; the untimely filing of financial statements; pending and potential investigations and lawsuits; the identification of one or more issues that require restatement of one or more other prior period financial statements; ability to remain in compliance with, or obtain additional waivers or amendments under, the Company's existing loan agreements; ability to dispose of businesses and assets in a timely manner at reasonable valuations; the existence of other material weaknesses in internal control over financial reporting; contract and billing disputes; availability of quality management; availability and terms of capital; changes in, or the failure to comply with, government regulations; the promulgation, application, and interpretation of environmental laws and regulations; future E&P capital expenditures; oil, gas, gas liquids, and power prices and demand; the amount and location of planned pipelines; development trends of the oil, gas, and power industries; as well as other risk factors described from time to time in the Company's documents and reports filed with the SEC. The Company assumes no obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

CONTACT:
Stephen W. Breitigam
VP Investor Relations
Willbros
713-403-8172



To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/willbros-amends-credit-facility-covenants-300228919.html

[$hrimp2Whale$]

Thanks bud $WG Looking Good

HAPPY TRADING

[$Pistol Pete$]

$WG 6 Months Chart

[$Pistol Pete$]

$WG Daily and Weekly Charts

[$Pistol Pete$]

$WG Daily Chart

[$Pistol Pete$]

$WG 15' Chart

[ospreyeye]

$WG Chart from Fri. – big bounce & currently forming Bullish Engulfing reversal pattern – the Bollinger Bands are getting tight – the upper Bb @ 2.48 and the red descending resistance line are the key levels to break – the middle Bollinger Band @ 2.17 is the key level to turn into support – MACD is pinched & starting a bullish crossover – RSI is in the 50 to 70 bull zone – Fast STO bull cross & in the overbought/power zone – keep an eye out for a volume spike –

[stocktrademan]

$WG recent news/filings

bullish 2.47
inverted head and shoulders bottom

## source: finance.yahoo.com

Tue, 10 Nov 2015 21:21:46 GMT ~ WILLBROS GROUP, INC.\NEW\ Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or P


read full: http://biz.yahoo.com/e/151110/wg8-k.html
*********************************************************

Sat, 07 Nov 2015 22:52:31 GMT ~ Edited Transcript of WG earnings conference call or presentation 6-Nov-15 3:00pm GMT


read full: http://finance.yahoo.com/news/edited-transcript-wg-earnings-conference-225231975.html
*********************************************************

Fri, 06 Nov 2015 13:03:36 GMT ~ WILLBROS GROUP, INC.\NEW\ Files SEC form 10-Q, Quarterly Report


read full: http://biz.yahoo.com/e/151106/wg10-q.html
*********************************************************

Fri, 06 Nov 2015 12:04:05 GMT ~ Willbros Wins Additional Projects in Atlantic Seaboard Area

[at noodls] - HOUSTON, Nov. 6, 2015 /PRNewswire/ -- Willbros Group, Inc. (NYSE: WG) today announced that its Utility T&D segment has won two projects with aggregate contract value of approximately $29 million. One project ...

read full: http://www.noodls.com/view/3F5BDDB8653E18440BBBC3D36A30A477A1899ACB
*********************************************************

Fri, 06 Nov 2015 11:45:00 GMT ~ Willbros Wins Additional Projects in Atlantic Seaboard Area

[PR Newswire] - HOUSTON, Nov. 6, 2015 /PRNewswire/ -- Willbros Group, Inc. (NYSE: WG) today announced that its Utility T&D segment has won two projects with aggregate contract value of approximately $29 million. One ...

read full: http://finance.yahoo.com/news/willbros-wins-additional-projects-atlantic-114500831.html
*********************************************************

$WG charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$WG company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/WG/company-info
Ticker: $WG
OTC Market Place: Not Available
CIK code: not found
Company name: Willbros Group, Inc.
Incorporated In: DE, USA

$WG share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value

$WG extra dd links

Company name: Willbros Group, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/WG/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/WG/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=WG+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=WG+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=WG+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/WG/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/WG/news - http://finance.yahoo.com/q/h?s=WG+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/WG/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/WG/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/WG/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/WG/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/WG/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/WG/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/WG/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/WG/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=WG+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/WG
DTCC (dtcc.com): http://search2.dtcc.com/?q=Willbros+Group%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Willbros+Group%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Willbros+Group%2C+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/WG/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/WG
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/WG/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/WG/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/WG/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/WG/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/WG/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/WG/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/WG/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=WG&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=WG
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/WG/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=WG+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=WG+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=WG
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=WG
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=WG+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/WG/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=WG+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/WG.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=WG
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/WG/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/WG/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/WG/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/WG/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/WG
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/WG
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/WG:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=WG
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=WG



$WG DD Notes ~ http://www.ddnotesmaker.com/WG

[Tdash]

hmmmmmmmm

[Hey Ray]

Wg is on the move

[$Pistol Pete$]

$WG Daily & Weekly Chart

[Lawndale1]

Better sales price for Prof Services than expected

Lower expected price by analysts was primarily the result of poor visibility/transparency on cash flows and assets of previously sold units of this division. Most analysts had been expecting less than $100MM

[Roy London]

WG best oil chart I can see...prove me wrong

[Timothy Smith]

Willbros (NYSE:WG) +12.7% premarket after agreeing to sell its professional services business segment to TRC Companies (NYSE:TRR) for $130M.

The unit provides engineering, EPC/EPCM, field solutions and integrity services to the oil and gas transmission and midstream market, with $209M in 2014 gross revenues; TRC expects the acquisition to be accretive during FY 2017.

WG says the sale will improve its balance sheet and that the sale will reduce its term debt loan to less than $100M from $270M at the end of 2014.

[freshy]

Great Close! We'll take it!

[freshy]

Nice muvs today~ $2 holla!

[SidewaysTrader]

Nice call here, got me a few at 1.21

[stock1ace1]

~~~~~** News Out ** ~~~~~

[stock1ace1]

#3 On NYSE Top % Gainers !

[stock1ace1]

~ Slow & Steady ~ Wins the race ^

[stock1ace1]

WG ~~ $1.21 After Hrs Gap Tuesday?