KBR, Inc. (KBR) has landed a significant contract to provide engineering and procurement services for the onshore portion of Shell's Manatee gas field project. This marks another milestone in KBR’s extensive track record in the liquefied natural gas (LNG) sector and strengthens its position in the global energy transition.Expanding LNG ExpertiseThe Manatee project, located in the East Coast Marine Area of Trinidad and Tobago, is an important asset for supporting global energy security. The natural gas extra ...

Have you been paying attention to shares of KBR Inc. (KBR) ? Shares have been on the move with the stock up 12.4% over the past month. The stock hit a new 52-week high of $69.59 in the previous session. KBR Inc. has gained 25.4% since the start of the year compared to the 23.1% move for the Zacks Construction sector and the 31.1% return for the Zacks Engineering - R and D Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ...

HOUSTON, Oct. 14, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.Under the terms of the contract, KBR will provide engineering and procurement services for Shell's Manatee project located in the East Coast Marine Area of Trinidad and Tobago. The Manatee gas field supports global energy security and natural gas production, providing gas for the co ...

KBR Inc. (KBR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The ...

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HOUSTON, Sept. 30, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it will host a conference call to discuss its third quarter 2024 financial results on Wednesday, October 23, 2024, at 6:30 a.m. Central Time (7:30 a.m. Eastern Time). The company plans to issue its third 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 website at i ...

KBR, Inc. (KBR) has secured an estimated $113 million contract to assist the U.S. Air Force's Life Cycle Management Center in developing the Future Tankers Program. This contract, which spans five years, will involve research, development, and testing for aeronautical systems. The project is a significant win for KBR and aligns with its long-standing focus on digital engineering and defense modernization.Expanding the Future Tankers ProgramThe U.S. Air Force awarded the contract through the Department of De ...

KBR, Inc.’s (KBR) joint venture (JV), KTJV, has recently won a contract from a subsidiary of Energy Transfer LP — Lake Charles LNG Export Company — to support the development of its world-class LNG facility.KTJV is a JV between KBR and Technip Energies. It will provide high-end engineering, procurement, construction management, construction, commissioning, startup and other related services to transform the Lake Charles LNG import facility into an export facility.This project, which aims to meet growing glo ...

HOUSTON, Sept. 24, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $113 million task order to perform aeronautical systems research, development, test and evaluation for the Air Force Life Cycle Management Center Mobility Directorate (AFLCMC/WL) at Wright-Patterson Air Force Base, Ohio over a period of five years. KBR was awarded this contract under the Department of Defense Information Analysis Center's (DoDIAC) multiple-award contract (MAC) vehicle. These IAC MAC task order ...

HOUSTON, Sept. 19, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.Under the terms of the agreement, KTJV will provide high-end engineering, procurement, construction management, construction, commissioning, startup and other related services, subject to Lake Charles LNG's decision to issue a notice to proceed for ...