|Bid||0.00 x 800|
|Ask||22.25 x 2200|
|Day's Range||19.65 - 20.10|
|52 Week Range||14.40 - 22.22|
|Beta (3Y Monthly)||1.68|
|PE Ratio (TTM)||5.62|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||0.32 (1.49%)|
|1y Target Est||23.25|
Moody's Investors Service ("Moody's") upgraded the first lien bank facility rating of KBR, Inc. ("KBR" or the "company") to Ba3 from B1 and concurrently affirmed all ratings including the B1 CFR. The issuance raised debt by about $150 million with pro forma leverage on a Moody's adjusted basis of 4.25x at 9/30/18, up from 4x. The project will require about $100 million more cash than was anticipated when Moody's initially assigned KBR's CFR in March 2018, with the remaining contribution estimated at $250 million.
"I believe firmly that at the ages of somewhere between 45 and 55, you have the experience and you still have the energy and passion to be most able to take on new challenges and risk than at any other time in your life."
HOUSTON, Nov. 13, 2018 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today the pricing of its offering of $350 million aggregate principal amount of its 2.50% convertible senior notes due 2023 (the "notes") in a private offering (the "offering") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). KBR has granted the initial purchasers an option to purchase up to an additional $52.5 million principal amount of notes, solely to cover over-allotments, if any. KBR intends to use a portion of the net proceeds of the offering primarily to reduce senior secured debt by repaying a portion of the outstanding indebtedness under its senior secured credit facilities, to maximize committed capital to fund ongoing investments.
The energy business of Houston-based engineering, procurement and construction firm KBR Inc. (NYSE: KBR) has become a smaller piece of the company in recent years, but it’s also likely to be a source of headcount growth for the city in the near future. The company’s engineering and construction segment, which handles most of its work in the oil and gas industry, went from $3.45 billion in revenue in 2015 to $1.61 billion in 2017, according to the company’s annual financial report. “It’s been tough times for the energy business,” said KBR's president and CEO Stuart Bradie.
HOUSTON, Nov. 12, 2018 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that it intends to offer $350 million aggregate principal amount of convertible senior notes due 2023 (the "notes") in a private offering (the "offering") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). KBR expects to grant the initial purchasers an option to purchase up to an additional $52.5 million principal amount of notes, solely to cover over-allotments, if any. KBR intends to use a portion of the net proceeds of the offering primarily to reduce senior secured debt by repaying a portion of the outstanding indebtedness under its senior secured credit facilities, to maximize committed capital to fund ongoing investments.
Under the terms of the contract, KBR will provide a range of expertise including procurement, engineering, construction management, commercial management, project controls, QHSE and public relations. The new phase of the contract will see a transition in the way the Doha Expressway Programme is delivered.
HOUSTON , Nov. 5, 2018 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that Stuart Bradie , KBR President & CEO; Mark Sopp , Executive VP & CFO; and Alison Vasquez , Vice President, Investor Relations, ...
NEW YORK, Nov. 05, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
HOUSTON, Nov. 5, 2018 /PRNewswire/ -- KBR, Inc. (KBR) announced today that its global government services business, KBRwyle, has been awarded a $500 million contract to provide personal services in human performance and behavioral health to the U.S. Special Operations Command (USSOCOM) to support its Preservation of the Force and Family (POTFF) mission. The POTFF mission is to increase the physical, mental, social, and spiritual capacity of the Special Operations Forces (SOF), thereby enhancing the resilience and well-being of soldiers and their families throughout the USSOCOM enterprise. KBRwyle will provide state-of-the-art, professional services including integrated, performance-based strength and conditioning programs and rehabilitation techniques to accelerate the warfighter's return to duty.
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as KBR Inc (NYSE:KBR), with a market cap of US$2.6b, often get neglected Read More...
KBR (KBR) delivered earnings and revenue surprises of 17.95% and -2.29%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Houston-based company said it had net income of 41 cents. Earnings, adjusted for non-recurring costs, came to 46 cents per share. The results surpassed Wall Street expectations. ...
- KBR Revenue growth of 24% to $1.3 billion and Net Income Attributable to KBR of $58 million - 59% Government Services revenue growth, 12% organic; 35% for Technology, all organic - EPS of $0.41 and Adjusted ...
HOUSTON, Oct. 18, 2018 /PRNewswire/ -- KBR, Inc. (KBR) announced today that it will host a conference call to discuss its third quarter 2018 financial results on Tuesday, October 30, 2018 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). The company plans to issue its third quarter 2018 earnings release and earnings presentation in advance of the call. Both the earnings release and presentation will be available on KBR's website. The call will be webcast and can be accessed through the KBR website at www.KBR.com under the Investor Relations section. KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Services and Hydrocarbons sectors.
HOUSTON, Oct. 18, 2018 /PRNewswire/ -- KBR, Inc. (KBR) announced today that it has been awarded a contract by Linggu Chemical Co. Ltd (Linggu) for an ammonia plant in Yixing City, Jiangsu Province in China. Under the terms of the contract, KBR will provide the technology licensing and basic engineering design (LBED) package for building a new 1,500 metric tons per day ammonia synthesis unit as a replacement for one of their existing units in Yixing, China. The plant will utilize KBR's proprietary ammonia synloop technology.
HOUSTON, Oct. 15, 2018 /PRNewswire/ -- KBR, Inc. (KBR) announced today that its global government services business, KBRwyle, has been awarded a $48 million indefinite-delivery/indefinite-quantity (IDIQ) contract by NASA Goddard Space Flight Center (GSFC) to construct, deploy and commission the next generation Space Geodesy (SG) Satellite Laser Ranging (SLR) ground systems. KBRwyle will deliver up to six SLR systems on this contract. KBRwyle's efforts will help maintain and enhance the geodetic infrastructure that enables modern geodesy and supports NASA's earth science missions.
KBRwyle, which has an office in Beavercreek, was recently named to a $28 billion research and development contract with the U.S. Department of Defense.
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HOUSTON, Oct. 12, 2018 /PRNewswire/ -- KBR, Inc. (KBR) announced today that its UK operating subsidiary has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue field Hub/Terminal development located on the maritime border between Senegal and Mauritania. The agreement contains a mechanism to allow transition of the contract to an Engineering, Procurement and Construction Management (EPCM) contract at a later date. Under the terms of the contract, KBR will provide management of the Quarters and Utilities (QU) including Telecoms Systems FEED and provision of supplemental services (system engineering, interface oversight, technology planning, support and verification) of the Hub/Terminal for the Tortue project in Senegal and Mauritania. The FEED work is to be performed up to the end of 2018 to support the FID. Local content was carefully considered as part of the regular contract evaluation process, and will continue to be closely reviewed to identify potential opportunities during KBR FEED engineering work.
Woodside has launched the engineering services contract to define all elements of the hull and topsides of two FPSOs for remote environment operations utilizing cutting edge technology. The engineering work is expected to be performed up to the end of H1 2019.