WorleyParsons winning streak

The initial blunt reaction to the mining investment slowdown is becoming more sophisticated as investors look for mining services winners.

Perceived as a barren wasteland just a few months ago, a couple of rich oases are emerging on the mining services landscape as the dust begins to settle on the end of the mining boom.

Worley Parsons (WOR) is the latest to have clawed its way back into investor favour with its share price now within reach of its levels in May before it warned of a modest downturn in earnings that sparked an exodus from the company.


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