HOUSTON, March 28, 2024 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today it has secured a five-year asset condition monitoring program contract from Rabigh Refining & Petrochemical Company (Petro Rabigh) to deploy predictive maintenance services at its plant in Rabigh, Saudi Arabia.  The program will optimize asset lifecycle, enhance machinery performance and improve overall reliability. This collaboration aims to boost energy and equipment efficiency while mitigating operational risks, aligning with P ...

A month has gone by since the last earnings report for KBR Inc. (KBR) . Shares have added about 2.6% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is KBR due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. KBR's Q4 Earnings Beat, Revenues Miss Estimates, Backlog HighKB ...

HOUSTON, March 18, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has won a new subcontract with Bering Straits Information Technologies (BSIT), a subsidiary of Bering Straits Native Corporation (BSNC), in support of the U.S. Air Force Air Combat Command to provide human performance optimization services at various military bases around the world. The Human Performance Optimization (HPO) contract is a multi-award IDIQ anticipated to be executed over a span of ten years, extending until March 2034, ...

KBR, Inc. (KBR) recently won the Lobito Refinery Project’s management contract by Sonangol, thus, solidifying the foundation of this more than 20-year-long partnership.Per the contract, KBR will design and construct a new 200,000bpd refinery in Lobito, Angola. The services offered will include project management of engineering, procurement and construction phase execution.In early 2023, the company already completed the FEED phase of the project, succeeding in providing a cost-competitive design. This desig ...

Project Overview - KBR has been awarded a project management contract by Sonangol for the design and construction of a new 200,000 barrels per day (bpd) refinery in Lobito, Angola [1] - The project is one of the most significant energy infrastructure projects in the region and will contribute to Angola's energy independence [1] - Upon completion, Angola is expected to have a 200% increase in the capacity to produce fuel products within the country [1] Project Impact - The Lobito Refinery Project will contribute to significant job creation and economic development in the region [1] - The project will be executed with an efficient and sustainably improved approach [1] Partnership and Expertise - This award extends the more than twenty-year long partnership between KBR and Sonangol in the development of essential natural resources in Angola [2] - KBR completed the FEED phase of the project earlier in 2023, providing a cost-competitive design that met Sonangol's business objectives and advanced emission standards [2] - KBR's FEED design meets 2030 African and European Product Specifications, with river water consumption and waste-water treatment requirements reduced by 30% due to innovations in the refinery's cooling system design [2] Strategic Commitment - KBR's win reflects its strategic commitment to offer differentiated technical services that support Angola's sustainable development goals [3] - KBR has a long history of providing holistic and value-added solutions across the entire asset life cycle, with leading experts designing and delivering world-class refinery and petrochemical plants globally [3] Company Background - KBR delivers science, technology, and engineering solutions to governments and companies worldwide, employing approximately 34,000 people across more than 80 countries [4] - The company provides technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results [4]

HOUSTON, Feb. 27, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it will hold a webcast of their Sustainable Technology Solutions (STS) Primer on Tuesday, March 12, 2024, beginning at 8:00 a.m. Central Time (9:00 a.m. Eastern Time).  The company plans to publish its STS Primer presentation in conjunction with the webcast and a replay will be available at investors.kbr.com.  About KBR We deliver science, technology and engineering solutions to governments and companies around the world. KBR employ ...

KBR, Inc. (KBR) reported mixed results for fourth-quarter 2023 (ended Dec 29), wherein earnings surpassed the Zacks Consensus Estimate, but revenues missed the same.The top line increased on a year-over-year basis while the bottom line remained stable. Shares of the company gained 3.9% on Feb 20, after the earnings release. The company gained on strong underlying businesses as well as excellent bookings in the reported quarter.Impressively, KBR’s board hiked its quarterly regular dividend by 11% from 13.5 c ...

KBR, Inc. (NYSE:KBR) Q4 2023 Earnings Conference Call February 20, 2024 8:30 AM ET Company Participants Jamie DuBray - Vice President, Investor Relations Stuart Bradie - President and Chief Executive Officer Mark Sopp - Chief Financial Officer Conference Call Participants Tobey Sommer - Truist Securities Michael Dudas - Vertical Research Partners Bert Subin - Stifel Mariana Mora - Bank of America Merrill Lynch Jerry Revich - Goldman Sachs Steven Fisher - UBS Sangita Jain - Capital Market Gautam Khanna - TD ...

February 20, 2024 Stuart Bradie, President and CEO Mark Sopp, Executive VP and CFO Jamie DuBray, VP of Investor Relations FORWARD-LOOKING STATEMENT The statements in this presentation that are not historical statements, including statements regarding our expectations for our future financial performance, effective tax rate, operating cash flows, contract revenues, award activity, program activity, our business strategy, interest expense, and our plans for raising and deploying capital, and paying dividends, ...

HOUSTON, Feb. 19, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its Board of Directors has declared a regular quarterly dividend of $0.15 per share on the company's common stock, par value $0.001 per share, to be paid on April 15, 2024, to stockholders of record on March 15, 2024. About KBR We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 34,000 people performing diverse, complex and mission-critical roles in 33 cou ...