Oil hits 12 month low despite OPEC, page-10

There has been some increase in mining exploration. But even if new resources are discovered its ages before construction begins... sometimes years. WOR does design wk and oversees construction so it will gain income but in the here and now wk is thin and margins similar. Mining not a big part of WOR's business. Their main focus is hydrocarbons, chemicals, and some civil wk. Maintenance is starting to expand. I haven't done my calcs re yr end but expect WOR to be barely profitable and no div paid. more detail later. Still a 'sell' for me as Wor's macro is so influenced by weak energy prices.