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KBR: Earnings Up, Share Price Down In Value Opportunity
Seeking Alpha· 2025-07-27 16:42
Group 1 - KBR, Inc. (NYSE: KBR) is identified as being at high risk of poor future performance according to Seeking Alpha's system [1] - The characteristics associated with KBR's potential underperformance are highlighted, indicating a need for caution among investors [1] Group 2 - No specific financial data or performance metrics are provided in the documents regarding KBR or the broader industry [2][3][4] - The articles do not include any investment recommendations or advice related to KBR or other companies mentioned [3][4]
KBR Investor News: If You Have Suffered Losses in KBR, Inc. (NYSE: KBR), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2025-07-25 21:19
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of KBR, Inc. due to allegations of materially misleading business information issued by KBR [1] Group 1: Investigation Details - The investigation is prompted by KBR's announcement regarding the termination of HomeSafe Alliance's role in the Global Household Goods Contract, which led to a significant drop in KBR's stock price [3] - Following the announcement on June 20, 2025, KBR's stock fell by $3.85 per share, or 7.2%, closing at $48.93 [3] Group 2: Class Action Information - Shareholders who purchased KBR securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2] - Interested parties can join the class action by submitting a form or contacting the Rosen Law Firm directly [2] Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]
KBR, Inc. (KBR) Faces Investor Scrutiny After TRANSCOM Terminated Contract, Stock Price Decline – KBR Investors with Substantial Losses Encouraged to Contact Hagens Berman
GlobeNewswire News Room· 2025-07-23 21:56
Core Viewpoint - KBR, Inc. experienced a significant decline in share price following the cancellation of a $20 billion contract with the U.S. Department of Defense's TRANSCOM, raising concerns about the company's previous positive statements regarding the contract's status [1][3][4]. Group 1: Contract Details - KBR's HomeSafe Alliance joint venture was awarded a contract in November 2021 to manage household goods for U.S. Armed Services and DoD civilians, valued at up to $20 billion over nine years [4]. - The contract aimed to centralize and improve the relocation process for military families, representing a major partnership with TRANSCOM [4]. Group 2: Company Communications - KBR's leadership expressed confidence in the contract's status, describing the partnership as "strong" and "excellent" during a May 2025 investor call, asserting a commitment to the program's success [5]. - Despite these assurances, operational issues were reportedly mounting behind the scenes, contradicting the company's public optimism [5][8]. Group 3: Contract Termination - On June 19, 2025, TRANSCOM terminated the HomeSafe contract due to failures in fulfilling obligations, including chronic delays and complaints about damaged goods [6]. - The termination shocked investors, especially given KBR's recent positive communications about the contract [7]. Group 4: Investigation and Legal Implications - Following the contract cancellation, Hagens Berman initiated an investigation into whether KBR misled investors regarding the contract's status [2][9]. - The firm is encouraging affected investors to report their losses and is seeking information from individuals with knowledge of the situation [2][9].
Rosen Law Firm Encourages KBR, Inc. Investors to Inquire About Securities Class Action Investigation - KBR
Prnewswire· 2025-07-22 20:52
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of KBR, Inc. due to allegations of materially misleading business information issued by KBR [1] Group 1: Investigation and Allegations - The investigation is prompted by KBR's announcement regarding the termination of HomeSafe Alliance's role in a significant contract with U.S. Transportation Command, which led to a notable decline in KBR's stock price [3] - KBR's stock fell by $3.85 per share, or 7.2%, closing at $48.93 on June 20, 2025, following the announcement [3] Group 2: Class Action Details - Shareholders who purchased KBR securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees, facilitated by a contingency fee arrangement [2] - Interested investors can join the class action by submitting a form or contacting the Rosen Law Firm directly [2] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4] - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]
KBR INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation on Behalf of KBR, Inc. Investors
GlobeNewswire News Room· 2025-07-17 23:50
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against KBR, Inc. regarding possible violations of federal securities laws and unlawful business practices following a significant stock price drop due to the termination of a key contract [2][3]. Group 1: Company Overview - KBR, Inc. is a publicly traded company listed on the NYSE under the ticker symbol KBR [2]. - The company was involved in a joint venture, HomeSafe Alliance, which had its role in the Global Household Goods Contract terminated by U.S. Transportation Command [3]. Group 2: Stock Performance - Following the announcement of the contract termination, KBR's stock price decreased by $3.85 per share, representing a decline of 7.29%, closing at $48.93 per share on June 20, 2025 [3]. Group 3: Legal Investigation - Bragar Eagel & Squire, P.C. is encouraging KBR stockholders who suffered losses to contact them to discuss their legal rights and potential claims [1][4]. - The law firm is specifically looking into whether KBR has engaged in unlawful business practices that may have affected stockholder interests [2].
KBR Secures Two-Year Renewal of EPCM Contract with Basra Oil Company for the Majnoon Oil Field in Iraq
Globenewswire· 2025-07-17 20:15
HOUSTON, July 17, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it has secured the renewal of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon Oil Field for an additional two years. Under the contract, KBR will continue to provide comprehensive EPCM services to help BOC sustain forecasted production capacity, enhance operational efficiency, maximize local content, and drive continued safety improvements. “This contract ext ...
KBR Awarded FEED Contract for KEPPT's Fertilizer Facility in Iraq
Globenewswire· 2025-07-16 10:00
Core Insights - KBR has been awarded a front-end engineering design (FEED) contract for an ammonia and urea production plant in Basra, Iraq [1][2] - The facility will produce 2,300 metric tons per day (MTPD) of ammonia and 3,850 MTPD of urea, utilizing KBR's proprietary ammonia technology [2] - The project aims to enhance Iraq's agricultural industry, create jobs, and reduce fertilizer imports, positioning Iraq as a global ammonia producer [3] Company Overview - KBR provides science, technology, and engineering solutions globally, employing approximately 38,000 people and serving customers in over 80 countries [4] - The company has extensive experience, having been involved in the licensing, design, engineering, and construction of more than 260 ammonia plants worldwide [3][4]
KBR Investors Have Opportunity to Join KBR, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-07-16 08:11
LOS ANGELES, July 16, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of KBR, Inc. ("KBR" or "the Company") (NYSE: KBR) for violations of the securities laws. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: The Schall Law Firm Brian Schall, Esq. 310-301-3335 [email protected] www.schallfirm.com The investigation focus ...
KBR Joint Venture Selected by BP for Two Energy Security Projects in Azerbaijan
Globenewswire· 2025-07-15 10:00
Core Points - KBR's joint venture with SOCAR, SOCAR-KBR LLC, has secured two contracts from BP in Azerbaijan for the Sangachal Terminal Electrification project and the Shah Deniz compression gas field project [1][2] - The contracts involve detailed engineering design solutions and procurement services, building on previous work completed by SOCAR-KBR [2] - KBR has a long-standing presence in the region, contributing to Azerbaijan's clean energy security objectives through these projects [3] Company Overview - KBR provides science, technology, and engineering solutions globally, employing approximately 38,000 people across more than 80 countries [4] - The company emphasizes technology, value-added services, and long-term operations to ensure consistent delivery and predictable results [4]
KBR Announces Leadership Change
Globenewswire· 2025-07-09 20:15
HOUSTON, July 09, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) today announced that Byron Bright has resigned from his position as Chief Operating Officer (COO) and will leave the company on July 11, 2025. KBR would like to thank Mr. Bright for his 15 years of dedicated service. He has been an integral part of KBR’s transformation and success, and we wish him well in his next chapter. In January 2025, KBR announced a realignment of its portfolio into two business segments, Mission Technology Solutions (MTS) and ...