Engineering and Construction
Search documents
Fluor Achieves Mechanical Completion on BASF's New Verbund Site Project in South China
Businesswire· 2026-01-09 01:04
Group 1 - Fluor has achieved mechanical completion on BASF's new Verbund site project in South China, marking a significant milestone in the project timeline [1] - The completion of this project is expected to enhance BASF's production capabilities and operational efficiency in the region [1] - This development aligns with the growing demand for chemical products in Asia, particularly in China, which is a key market for BASF [1]
*ST正平:股价异常波动,提示多方面风险及业绩亏损情况
Xin Lang Cai Jing· 2026-01-08 12:45
*ST正平公告称,公司股票于2026年1月6 - 8日连续三个交易日收盘价格涨幅偏离值累计超12%,属异常 波动,当前基本面未变,但股价已严重脱离基本面。公司预重整债权申报为部分申报,部分子公司未纳 入,或难消除非标意见所涉事项。截至2025年三季末,归母净资产2.80亿元,不排除因资产减值等致 2025年度经审计归母净资产为负而终止上市。2024年营收13.62亿元,归母净利润 -4.84亿元;2025年前 三季度营收6.52亿元,归母净利润 -0.99亿元。 ...
Jacobs Appointed Engineering, Procurement and Construction Management Lead for Hut 8 AI Data Center
Prnewswire· 2026-01-08 12:45
Hut 8 CEO Asher Genoot said: "Execution discipline is critical at the scale and complexity of River Bend. We believe Jacobs brings the experience and rigor required to deliver complex infrastructure on schedule and to the highest standards of quality and safety. Their role as EPCM partner reinforces a partnership-driven execution model designed to de-risk delivery and establish a repeatable framework as we scale across our broader development pipeline." The initial data hall at River Bend is scheduled for c ...
Could Buying Fluor Today Set You Up for Life?
The Motley Fool· 2026-01-04 21:37
Core Viewpoint - Fluor is making strides to stabilize its cash flow and has a significant investment in NuScale Power, a nuclear power start-up, but the overall investment appeal remains cautious due to inherent business volatility [1][10]. Company Overview - Fluor is an engineering and construction company that builds large structures for businesses and governments, excelling in its field [2]. Business Model Changes - Fluor is shifting its business model from fixed-price contracts to reimbursable contracts, with 82% of its $28.2 billion backlog now consisting of the latter, aiming for more consistent financial results [5][4]. Market Volatility - The construction industry is cyclical, leading to potential project cancellations during economic downturns, which contributes to Fluor's income volatility despite recent improvements [6]. Investment in NuScale Power - Fluor's investment in NuScale Power, focused on small modular nuclear reactors, is seen as a strategic move to secure future contracts, with ongoing efforts to approve a power plant in Romania [8][9]. Financial Aspects of NuScale Investment - Fluor raised $605 million from selling part of its NuScale stake in October 2025, with plans to sell the remainder by mid-2026, although the value of this stake is uncertain due to NuScale's stock volatility [10][12]. Risk Profile - Fluor is considered suitable for risk-tolerant investors due to the unpredictable nature of the construction industry and the speculative nature of its investment in NuScale Power [14][15].
Market recap of the week: Seven of top 10 firms add Rs 1.23 lakh crore in mcap; Reliance leads gains
The Times Of India· 2026-01-04 10:13
Market Performance - The Indian equity markets ended positively, with the BSE Sensex rising by 720.56 points, or 0.84%, over the week [2][4] - The combined market value of seven of the country's ten most-valued companies increased by Rs 1,23,724.19 crore [4] Top Gainers - Reliance Industries led the gains, with its market capitalisation increasing by Rs 45,266.12 crore to Rs 21,54,978.60 crore [2][4] - State Bank of India saw a rise of Rs 30,414.89 crore, reaching a valuation of Rs 9,22,461.77 crore [2][4] - Larsen & Toubro's market value increased by Rs 16,204.34 crore to Rs 5,72,640.56 crore [2][4] - Hindustan Unilever's valuation climbed by Rs 14,626.21 crore to Rs 5,51,637.04 crore [2][4] - HDFC Bank recorded an increase of Rs 13,538.43 crore, bringing its market capitalisation to Rs 15,40,303.87 crore [3][4] - ICICI Bank's valuation rose by Rs 3,103.99 crore to Rs 9,68,773.14 crore [3][4] - Bharti Airtel added Rs 570.21 crore, reaching Rs 12,01,262.53 crore [3][4] Decliners - Tata Consultancy Services (TCS) experienced a decline of Rs 10,745.72 crore, ending with a market value of Rs 11,75,914.62 crore [3][4] - Infosys lost Rs 6,183.25 crore, concluding the week at Rs 6,81,635.59 crore [3][4] - Bajaj Finance saw a drop of Rs 5,693.58 crore, with its valuation falling to Rs 6,16,430.43 crore [3][4] Company Rankings - At the end of the week, Reliance Industries remained the most valuable company in India, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro, and Hindustan Unilever [3][4]
This Underloved Industrial Turnaround Could Be a $1 Million Upside Story for Patient Investors Who Buy the Dip Now
The Motley Fool· 2026-01-02 10:55
A growing backlog in Fluor's largest business segment includes a new rare earth magnet manufacturing plant in Texas.Investors are always seeking opportunities to capitalize on stocks that will benefit from macroeconomic tailwinds. Currently, favorable trends in energy and electricity, as well as artificial intelligence (AI) data centers and general infrastructure, should help boost businesses in these sectors.One company that can benefit from all this investment is American engineering and construction firm ...
Where Will Fluor Corporation (FLR) Stock Be in 1 Year?
The Motley Fool· 2026-01-01 04:24
Core Viewpoint - Fluor is facing significant near-term challenges, including a stock decline of 20% in 2025, while the S&P 500 rose by 17% during the same period [1] Financial Performance - Fluor's second-quarter earnings report on August 1 missed analysts' expectations, leading to a reduction in its full-year outlook and the disclosure of cost overruns, scheduling delays, and design problems in major projects [2] - Revenue for Fluor increased by 5% in 2024, but adjusted EBITDA fell by 14% due to lower profits from its energy solutions segment and fewer contracts [7] - On a GAAP basis, Fluor's earnings per share surged from $0.54 in 2023 to $12.30 in 2024, primarily due to the sale of shares in NuScale Power [8] Legal and Operational Issues - The unexpected guidance reduction and execution issues led to a class action lawsuit from investors alleging misleading statements regarding growth prospects [4] - Fluor agreed to pay $653 million to Santos to resolve a legal dispute, which was recorded as a revenue reduction, further impacting its financial performance [5] Backlog and Contracting - Fluor's backlog shrank year over year for four consecutive quarters, as it completed existing projects faster than it could secure new contracts [9] - The company shifted towards smaller, lower-risk contracts to diversify its business and reduce dependence on large infrastructure projects [10] Future Outlook - Analysts expect Fluor's revenue and EBITDA to decline by 4% and 19% respectively for the full year, but anticipate a recovery in 2026 with expected increases of 7% and 10% [11] - The company's low valuation, with an enterprise value of $4.5 billion, suggests limited downside potential, and activist investor Starboard Value is pushing for monetization of its stake in NuScale [12] - If Fluor resolves its execution issues and grows its backlog, there is potential for gradual stock price recovery over the next 12 months [13]
DME Capital Loads Up on Fluor Stock. Should You Buy the Dip Too?
Yahoo Finance· 2025-12-30 18:56
2025 was a rollercoaster ride for Fluor . Shares hit 52-week highs of $57.50 per share on July 31 but plunged the very next day after the company reported sharply lower revenue and earnings. High costs because of some subcontractor errors and an unexpected arbitration ruling for a Mexican project completed in 2021 were to blame. Fluor's backlog also fell 13% year over year to $28 billion, reflecting a slowdown in key end markets.Fluor is a leading global engineering and construction firm, operating at scale ...
浙江联合投资公布中期业绩 公司拥有人应占亏损约226万港元 同比扩大约48倍
Zhi Tong Cai Jing· 2025-12-30 12:07
浙江联合投资(08366)公布截至2025年10月31日止6个月中期业绩,收益约7540万港元,同比减少约 53.30%。公司拥有人应占亏损约226万港元,同比扩大约48倍;每股基本亏损约为0.143港仙。 公告称,收益减少主要是由于承建斜坡工程所产生的收益减少。 ...
Is Fluor Stock a Millionaire Maker?
The Motley Fool· 2025-12-29 19:23
Fluor's business is gaining strength, and it is monetizing a major investment; however, the market may already be factoring all of this into the stock price.Shares of Fluor (FLR 0.91%) have been on a roller-coaster ride in 2025. At one point, the stock had declined by 37%. This was followed by a rally, resulting in a year-to-date gain of 15%, which put the stock at a 52-week high. And then the stock fell again, with the recent price amounting to a year-to-date loss of around 17%.Is this the kind of stock th ...