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KBR Wins Contract to Boost Sustainable Energy in Saudi Arabia
ZACKS· 2025-01-23 18:05
KBR, Inc. (KBR) has been awarded a significant contract to support the sustainable production of energy resources in Saudi Arabia. This partnership with Saudi Aramco is part of the Master Expansion Program and aims to increase gas handling capacity at key regional locations, ensuring the Kingdom's energy requirements are met.Under the contract, which runs through 2028, KBR will be involved in increasing and maintaining the maximum sustainable capacity across the Shaybah field's four Gas-Oil Separation Plant ...
KBR Expands Support for Saudi's Energy Future
Prnewswire· 2025-01-22 11:00
HOUSTON, Jan. 22, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a contract to support sustainable production of energy resources in Saudi Arabia by contributing to the delivery of Saudi Aramco's Master Expansion Program and increasing gas handling capacity at key regional locations.Under the contract, running through to 2028, KBR will support work to increase and maintain maximum sustainable capacity across the Shaybah field's four Gas-Oil Separation Plants (GOSPs), as well as pow ...
KBR: Uncertainty Over Activist Investor And Government Spending Cuts
Seeking Alpha· 2025-01-16 09:12
Research and consulting services company KBR, Inc. (NYSE: KBR ) appears headed for robust earnings growth this year and beyond. Meanwhile, its share price is devalued because of fears of spending cuts by the U.S. federalRobert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A r ...
KBR Wins Global EPCM Contract With BP, Strengthens Ties, Stock Up
ZACKS· 2025-01-14 16:21
KBR, Inc. (KBR) has secured a significant global agreement with BP International Limited to provide engineering, procurement, and construction management (EPCM) services. This three-year agreement, with an option for a two-year extension, covers conventional and new energy projects worldwide, enhancing KBR’s position as a versatile and trusted partner in the energy sector.Shares of KBR gained 1.6% during the trading session yesterday.The contract involves KBR supporting both onshore and offshore projects, s ...
BP Expands 70-Year Partnership With KBR in Global Energy Deal
ZACKS· 2025-01-14 12:42
BP plc (BP) has solidified its 70-year collaboration with United States-based KBR, Inc. (KBR) through a new global agreement that spans BP’s onshore, offshore, greenfield and brownfield conventional energy projects as well as its new energy initiatives. This partnership highlights the company’s commitment to leveraging KBR’s proven expertise to deliver cutting-edge energy solutions.Under the three-year deal, KBR will provide engineering, procurement and construction management (EPCM) services across BP’s gl ...
KBR Awarded Global Agreement by BP for Engineering, Procurement and Construction Management Services
Prnewswire· 2025-01-13 11:30
HOUSTON, Jan. 13, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a global agreement by BP International Limited (bp) for engineering, procurement and construction management (EPCM) services. Under the terms of the contract, KBR will provide EPCM for onshore, offshore, greenfield and brownfield conventional energy projects and new energy sector projects worldwide for three years, with an option to extend for two additional years. Additionally, KBR provides bp with market-leading lic ...
KBR, Inc. to Hold Fourth Quarter and FY 2024 Earnings Conference Call
Prnewswire· 2025-01-13 11:00
HOUSTON, Jan. 13, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it will host a conference call to discuss its fourth quarter and fiscal 2024 financial results on Monday, February 24, 2025, at 3:00 p.m. Central Time (4:00 p.m. Eastern Time). The company plans to issue its fourth quarter 2024 earnings release and earnings presentation in advance of the call. Both will be available on KBR's website.The conference call will be webcast simultaneously through the Investor Relations section of KBR's we ...
KBR Announces Segment Realignment and Executive Appointments in Support of Advancing Strategy
Prnewswire· 2025-01-07 21:10
Realigned segments to support continued growth and profitability; Government Solutions segment renamed Mission Technology Solutions Stuart Bradie, President and Chief Executive Officer, appointed Chair Elect and Byron Bright, President, Government Solutions U.S., named Chief Operating Officer, effective May 2025 Reiterating 2027 financial targets Hosting a webcast to discuss these updates on January 8, 2025, at 8:30 a.m. EST HOUSTON, Jan. 7, 2025 /PRNewswire/ -- KBR (NYSE: KBR) today announced segment rep ...
3 GARP Stocks That Investors Can Scoop Up for Maximum Returns
ZACKS· 2025-01-03 14:35
Growth at a reasonable price, or GARP, is an excellent strategy to earn quick investment profits. The GARP approach helps identify stocks priced below the market or any suitable target determined by a fundamental analysis.The strategy helps investors gain exposure to stocks with impressive prospects and trading at a discount. GARP stocks have solid prospects in terms of cash flow, revenues earnings per share (EPS) and other metrics.A portfolio based on the GARP strategy comprises stocks that offer the best ...
KBR's New Contract Win in Kazakhstan Boosts Its Backlog Growth
ZACKS· 2024-12-19 19:21
KBR, Inc.’s (KBR) innovation initiatives in its ammonia technology are attracting demand from across the globe. The trend is substantiated by the company’s recent win in Kazakhstan.The company’s ammonia technology has been selected by KazAzot for its 2,000 metric tons per day ammonia plant, which is to be built in Aktau, Kazakhstan. By implementing this project, KazAzot will be addressing the food security requirements of Kazakhstan and other neighboring countries.For the development of Kazakhstan’s first g ...