|Bid||0.00 x 1000|
|Ask||0.00 x 1400|
|Day's Range||16.38 - 16.98|
|52 Week Range||16.00 - 41.91|
|Beta (3Y Monthly)||2.23|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.73 (4.47%)|
|1y Target Est||N/A|
Fluor Corporation (NYSE: FLR) announced today that Stork, part of Fluor’s Diversified Services segment, was awarded a construction contract by HES Hartel Tank Terminal, a project of HES International, in the Netherlands. Stork will be the lead piping, mechanical and structural contractor for the 1.3 million cubic meter greenfield liquid bulk storage terminal at the Maasvlakte in the Port of Rotterdam in the Netherlands. Fluor will book the contract value in the fourth quarter of 2019.
Fluor Corporation (FLR) announced today that it was awarded a services agreement by PKN ORLEN to provide project management contractor (PMC+) services for the expansion of its olefins complex in Plock, Poland. “We are honored to be selected by PKN ORLEN to work with them on their largest petrochemical investment program to date,” said Mark Fields, group president of Fluor’s global energy and chemicals business.
Fluor Corporation – Carlos Hernandez, Chief Executive Officer, will present at the Credit Suisse 7th Annual Industrials Conference in Palm Beach, Florida on Wednesday, December 4 at 2:00 p.m.
Fluor Corporation announced today that its patented Deep Dewpointing Process won Best Gas Processing/LNG Technology at the Hydrocarbon Processing 2019 Awards gala event held in Houston earlier this month.
Fluor Corporation (FLR) announced today that Bridging North America has won gold for Project Financing in this year’s National Awards for Innovation and Excellence in Public-Private Partnerships (P3s). Bridging North America is a partnership with Fluor, ACS Infrastructure Canada and Aecon Group Inc., which is constructing the Gordie Howe International Bridge Project for Windsor-Detroit Bridge Authority (WDBA).
Fluor Corporation (FLR) announced today that construction planning is now set to proceed for the Fawley Strategy (FAST) Project. ExxonMobil’s UK affiliate, Esso Petroleum Company Limited, has received planning permission from the New Forest District Council for the new plant that will be located at the Fawley refinery and petrochemical site near Southampton, England. Following the successful completion of the front-end engineering design, Fluor is providing engineering, procurement, fabrication and construction on a reimbursable basis for the FAST project.
Fluor Corporation today announced financial results for its third quarter ended September 30, 2019. Third quarter results were a net loss from continuing operations attributable to Fluor of $782 million, or $5.57 per diluted share, compared to net earnings of $69 million, or $0.49 per diluted share a year ago.
Fluor Corporation (FLR) announced today that its consortium with the Branch of KMG Engineering LLP KazNIPImunaigas was awarded a three-year engineering services agreement, plus two potential one-year extensions, by Karachaganak Petroleum Operating B.V. (KPO) for projects at its Karachaganak Field in Kazakhstan. Fluor booked the undisclosed contract value in the third quarter of 2019. “This important award will allow Fluor to build a long-term relationship with KPO and to expand our capabilities and presence in Kazakhstan,” said Mark Fields, group president of Fluor’s Energy & Chemicals business.
Fluor Corporation’s board of directors has declared a quarterly cash dividend of $0.10 per share on the company’s common stock, payable January 3, 2020, to shareholders of record on December 4, 2019.
Fluor Corporation (FLR) announced today that Stork, part of Fluor’s Diversified Services segment, was awarded a five-year contract by EnQuest PLC to provide multi-skilled deck crew services for its offshore oil and gas assets located in the northern and central North Sea. Fluor booked the undisclosed contract value in the third quarter of 2019. “Stork is pleased to once again work with EnQuest by providing operational support services and continuing to help improve the efficiency of the company’s North Sea assets,” said Taco de Haan, Stork’s president.
Fluor Corporation (FLR) announced today that the Dow Poly 6 project has been named a finalist for Construction Project of the Year for the S&P Global Platts Global Energy Awards. The grassroots Poly 6 project is the latest addition to Dow's Freeport, Texas site, which is the largest integrated chemical manufacturing complex in the Western hemisphere. Fluor provided mechanical construction for the complex’s new manufacturing unit designed to produce high melt index polymers such as AFFINITY™ GA polyolefin elastomers for hot melt adhesives, as well as ENGAGE™ polyolefin elastomers and AFFINITY™ polyolefin plastomers.
Fluor Corporation (FLR) announced today that it has been named as a finalist in three categories including oil and gas, research project, and diversity and inclusion for the Institution of Chemical Engineers (IChemE) Global 2019 Awards. Winners will be announced at an awards event being held in the UK on November 7, 2019. “Fluor is delighted to have been selected as a finalist for these prestigious industry awards as they celebrate the 25th year of achievement by engineers and their innovative approach to finding solutions for the challenges facing the global energy and chemicals industry,” said Simon Nottingham, president of Fluor’s Energy & Chemicals business in Europe, Africa and Middle East.
Fluor Corporation (FLR) announced today that its joint venture COOEC-Fluor Heavy Industries, Co., Ltd. (COOEC-Fluor) fabrication yard in Zhuhai, China, has safely completed the pipe spool fabrication portion of its scope of work in support of the Kuwait Integrated Petroleum Industries Company (KIPIC) Al-Zour project in Kuwait. To achieve this milestone, COOEC-Fluor delivered more than 95,000 pipe spools by fabricating 337,000 linear meters of carbon, alloy and stainless steel pipe. The completed pipe spools were loaded out and arrived at the project site in Kuwait at the end of September.
Fluor Corporation (FLR) announced today that a consortium of Fluor, JGC Corporation of Japan and TechnipFMC of France was awarded an engineering, procurement and construction contract by Mozambique Rovuma Venture S.p.A. (MRV) for its Mozambique Rovuma Liquefied Natural Gas (LNG) Phase 1 Project in Cabo Delgado, Mozambique with an immediate release of a limited notice-to-proceed. Fluor will book its portion of this work in the fourth quarter of 2019. “Fluor is pleased to have been selected for this strategic development and to partner with a team that combines considerable LNG expertise and design build capabilities on the African continent,” said Mark Fields, group president of Fluor’s Energy & Chemicals business.
Bragar Eagel & Squire is investigating certain officers and directors of Conagra Brands, Inc. (CAG), Fluor Corporation (FLR), GTT Communications, Inc. (GTT), and Health Insurance Innovations, Inc. (HIIQ) on behalf of long-term stockholders. Bragar Eagel & Squire is investigating certain officers and directors of Conagra Brands, Inc. following a class action complaint that was filed against Conagra on February 22, 2019.
Fluor Corporation (FLR) and its joint venture partner Walsh Construction Company broke ground today on the Chicago Transit Authority’s (CTA) Red and Purple Line Modernization Phase One Project, the largest capital project in CTA’s history. The Walsh-Fluor team will rebuild almost two miles of tracks while trains continue to operate. Four of CTA’s busiest rail stations will be replaced and the signal system will be upgraded.
Fluor Corporation will hold a conference call to review results for its third quarter ended September 30, 2019. The public is invited to listen to the conference call on Thursday, October 31, 2019, at 8:30 a.m.