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Fluor Corp (FLR.N)

FLR.N on New York Stock Exchange

20.47USD
17 Jan 2020
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Latest Key Developments (Source: Significant Developments)

Fluor Partnership Awarded Engineering, Procurement And Construction Services Contract For Canada Kuwait Petrochemical Corporation Propane Dehydrogenation Unit
Thursday, 9 Jan 2020 

Jan 9 (Reuters) - Fluor Corp ::FLUOR PARTNERSHIP AWARDED ENGINEERING, PROCUREMENT AND CONSTRUCTION SERVICES CONTRACT FOR CANADA KUWAIT PETROCHEMICAL CORPORATION PROPANE DEHYDROGENATION UNIT.FLUOR CORP - FLUOR EXPECTS TO BOOK ITS PORTION OF CONTRACT VALUE IN Q1 OF 2020.FLUOR CORP - ENGINEERING ON PROJECT HAS BEGUN, AND CONSTRUCTION IS ANTICIPATED TO BEGIN IN LATE 2020.FLUOR CORP - MECHANICAL COMPLETION OF NEW PDH UNIT IS PLANNED FOR SECOND HALF OF 2023.FLUOR CORP - HEARTLAND CANADA PARTNERS, FLUOR'S 50/50 PARTNERSHIP WITH KIEWIT CONSTRUCTION SERVICES ULC, WAS AWARDED A CONTRACT.  Full Article

U.S. Department Of Energy Awards AECOM-Led Joint Venture Central Plateau Cleanup Contract At Hanford Site
Monday, 16 Dec 2019 

Dec 16 (Reuters) - AECOM ::U.S. DEPARTMENT OF ENERGY AWARDS AECOM-LED JOINT VENTURE CENTRAL PLATEAU CLEANUP CONTRACT AT HANFORD SITE.AECOM - CONTRACT IS VALUED AT $10 BILLION FOR A PERIOD OF 10 YEARS, INCLUDING A 60-DAY TRANSITION PERIOD.  Full Article

Archer Daniels Midland - Alan Boeckmann Notified Board Of His Intention To Resign As A Director Of Co
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Archer Daniels Midland Co ::ARCHER DANIELS MIDLAND CO - ALAN BOECKMANN NOTIFIED BOARD OF HIS INTENTION TO RESIGN AS A DIRECTOR OF CO, EFFECTIVE AS OF NOV 7, 2019.ARCHER DANIELS MIDLAND - BOECKMANN'S RESIGNATION DUE TO INCREASED DEMANDS RELATED TO HIS NEW RESPONSIBILITIES AS EXECUTIVE CHAIRMAN OF FLUOR CORP.ARCHER DANIELS MIDLAND CO - BOECKMANN'S RESIGNATION WAS NOT AS RESULT OF ANY DISPUTE OR DISAGREEMENT WITH COMPANY.  Full Article

Fluor Posts Q3 Earnings Per Share $0.28
Thursday, 31 Oct 2019 

Oct 31 (Reuters) - Fluor Corp ::FLUOR REPORTS THIRD QUARTER 2019 RESULTS.Q3 REVENUE $3.9 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.74 BILLION.Q3 LOSS PER SHARE $5.57 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $0.28.Q3 EARNINGS PER SHARE ESTIMATE $0.36 -- REFINITIV IBES DATA.ANTICIPATE MARGINS FOR Q4 TO BE 4 TO 5 PERCENT FOR ENERGY & CHEMICALS.FLUOR - QTRLY EARNINGS INCLUDE A NON-CASH CHARGE OF $546 MILLION RELATED TO ESTABLISHING A VALUATION ALLOWANCE AGAINST NET DEFERRED-TAX ASSETS.COMPANY HAS SUSPENDED GUIDANCE FOR 2019.FLUOR - QTRLY EARNINGS INCLUDE NON-CASH IMPAIRMENT CHARGE OF $290 MILLION RELATED TO COOEC-FLUOR JV FABRICATION YARD, STORK, AND SACYR-FLUOR JV IN SPAIN.QTRLY EARNINGS INCLUDE A NON-CASH IMPAIRMENT CHARGE OF $44 MILLION FOR RESTRUCTURING ACTIVITIES.  Full Article

Fluor Declares Qtrly Cash Dividend Of $0.10/Share Payable Jan. 3, 2020
Thursday, 31 Oct 2019 

Oct 30 (Reuters) - Fluor Corp ::BOARD OF DIRECTORS HAS DECLARED A QUARTERLY CASH DIVIDEND OF $0.10 PER SHARE ON COMPANY'S COMMON STOCK, PAYABLE JANUARY 3, 2020.  Full Article

Stork Awarded Offshore Services Contract For Enquest’S Uk Assets
Wednesday, 30 Oct 2019 

Oct 29 (Reuters) - Fluor Corp ::PRESS RELEASE STORK AWARDED OFFSHORE SERVICES CONTRACT FOR ENQUEST’S UK ASSETS.BOOKED UNDISCLOSED CONTRACT VALUE IN Q3 OF 2019..FIVE-YEAR CONTRACT BEGAN IN SEPTEMBER AND INCLUDES TWO ONE-YEAR EXTENSION OPTIONS..  Full Article

Fluor Posts Q2 Loss Per Share Of $3.96
Friday, 2 Aug 2019 

Aug 1 (Reuters) - Fluor Corp ::FLUOR REPORTS SECOND QUARTER 2019 RESULTS.Q2 REVENUE $4.1 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.7 BILLION.Q2 LOSS PER SHARE $3.96.Q2 EARNINGS PER SHARE ESTIMATE $0.52 -- REFINITIV IBES DATA.WITHDRAWING ALL PREVIOUSLY ISSUED EARNINGS PER SHARE GUIDANCE FOR 2019..DURING QUARTER, CO COMMENCED A COMPREHENSIVE OPERATIONAL AND STRATEGIC REVIEW OF FLUOR'S BUSINESSES.  Full Article

Stork Consortium Awarded 4-Year Turnaround Framework Agreement By Ecopetrol In Colombia
Tuesday, 25 Jun 2019 

June 24 (Reuters) - Fluor Corp ::STORK CONSORTIUM AWARDED 4-YEAR TURNAROUND FRAMEWORK AGREEMENT BY ECOPETROL IN COLOMBIA.FLUOR CORP - FLUOR BOOKED UNDISCLOSED CONTRACT VALUE IN Q2 OF 2019.FLUOR CORP - AGREEMENT ALSO INCLUDES TWO EXTENSION OPTIONS FOR AN ADDITIONAL TWO YEARS EACH.  Full Article

Fluor Joint Venture Selected For $1.7 Billion I-635 LBJ East Infrastructure Project In Dallas
Friday, 31 May 2019 

May 30 (Reuters) - Fluor Corp ::FLUOR JOINT VENTURE SELECTED FOR $1.7 BILLION I-635 LBJ EAST INFRASTRUCTURE PROJECT IN DALLAS.FLUOR CORP - ANTICIPATES COMPANY WILL BOOK CONTRACT VALUE IN Q3 OF 2019.FLUOR CORP - SUBSTANTIAL COMPLETION OF I-635 LBJ EAST INFRASTRUCTURE PROJECT IS ANTICIPATED IN SECOND HALF OF 2024.FLUOR - FLUOR TEAM'S SCOPE OF WORK INCLUDES WIDENING AND FULL RECONSTRUCTION OF ABOUT 11 MILES OF I-635.  Full Article

Fluor Q1 Loss Per Share $0.42
Thursday, 2 May 2019 

May 2 (Reuters) - Fluor Corp ::FLUOR REPORTS FIRST QUARTER 2019 RESULTS.Q1 REVENUE $4.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.78 BILLION.Q1 LOSS PER SHARE $0.42.Q1 EARNINGS PER SHARE ESTIMATE $0.52 -- REFINITIV IBES DATA.Q1 REVENUE WAS $4.2 BILLION COMPARED TO $4.8 BILLION LAST YEAR.NEW AWARDS FOR QUARTER WERE $3.4 BILLION.ISSUING FY ADJUSTED EPS GUIDANCE OF $1.50 TO $2.00 PER DILUTED SHARE .REVISION OF BUSINESS FORECAST IN ENERGY & CHEMICALS AND MINING, INDUSTRIAL, INFRASTRUCTURE AND POWER.  Full Article

Fluor to sell government and equipment units after strategic review

Fluor Corp on Tuesday said it will sell its government and equipment businesses following a strategic review that began in the second quarter.