Willbros Group Climbs 9.5% (WG)

Shares of Willbros Group, Inc. WG are currently up 9.5% at $9.48 per share during Thursday afternoon trading. Willbros Group, Inc announced early on Thursday morning that a unit of the company's Utility Transmission & Distribution segment, Hawkeye LLC, was awarded a contract by Bangor Hydro Electric Company to rebuild its existing 115 kV Line 64 transmission line, which runs 44 miles from Bangor, Maine and to north of Chester, Maine. Today's trading range for shares of Willbros Group, Inc. (WG) has been between $8.72 and $9.64 per share. The consensus price target of analysts covering the company's stock is $9.75 per share. Volume of 852,000 shares is already well above the daily average volume of 528,000 shares. Willbros Group, Inc is an independent contractor serving the oil, gas, power, refining and petrochemical industries, providing engineering, construction, turnaround, maintenance, life cycle extension services and facilities development and operations services to industry and government entities worldwide. Read more from Benzinga's Company news.