Welcome to our dedicated page for Fluor news (Ticker: FLR), a resource for investors and traders seeking the latest updates and insights on Fluor stock.
Fluor Corporation (NYSE: FLR) generates frequent news as an engineering services company delivering large, complex projects across energy, infrastructure, mining, chemicals and government-related markets. Company updates often highlight major contract awards, project milestones, financial results and strategic portfolio actions, giving investors and industry observers insight into how Fluor’s three segments—Urban Solutions, Energy Solutions and Mission Solutions—are performing.
News about Fluor includes announcements on project execution, such as achieving mechanical completion on BASF’s Zhanjiang Verbund project in China, completing Train 2 of the LNG Canada project in Kitimat, British Columbia, and breaking ground on the State Highway 6 expansion in Bryan/College Station, Texas. Releases also cover new work, including engineering, procurement and integrated construction management services for Teck Resources’ Highland Valley Copper Mine Life Extension project and front-end engineering and design for Project Speedbird, a sustainable aviation fuel hub in North Yorkshire, England.
Investors following FLR news will also find regular earnings releases, conference call announcements, and updates on capital allocation and investment monetization, such as Fluor’s agreement to convert and monetize its stake in NuScale Power. Management’s participation in investor conferences and commentary on backlog, new awards and segment performance are common themes in the company’s news flow.
This news page aggregates these announcements so readers can track how Fluor’s project portfolio evolves, how its segments contribute to results, and how strategic decisions—such as divesting its interest in the Zhuhai fabrication yard in China—affect the overall business. For ongoing context on FLR, this feed provides a centralized view of project developments, financial disclosures and corporate actions over time.
Fluor (NYSE: FLR) has received a letter of intent for a multi-billion-dollar EPCM contract to build a second pharmaceutical facility in Lebanon, Indiana. The project, to be recognized as a new award in Q1 2025, follows a previous multi-billion-dollar project awarded in 2023.
The facility will manufacture peptide-based drugs for Type 2 diabetes and weight control, representing the largest investment in an active pharmaceutical ingredient facility in U.S. history. The project is described as one of the largest life science endeavors ever undertaken in a single initiative.
Fluor, with $16.3 billion in revenue in 2024 and ranked 265 on Fortune 500, will provide engineering, procurement and construction management services for this mega-project.
Fluor (NYSE: FLR) has secured a $671 million construction contract from the Texas Department of Transportation (TxDOT) for the State Highway 6 (SH 6) project in College Station, Texas. The contract will be recognized in Q1 2025.
The project involves reconstructing and widening a 12-mile stretch of highway from two lanes to three lanes in each direction. Construction is set to begin in Summer 2025 with completion expected in Spring 2030.
SH 6 serves as a important north-south highway for Bryan, College Station, Texas A&M University, and Brazos County, functioning as part of the Texas Highway Freight Network, Texas Highway Trunk System, and Hurricane Evacuation Route. Fluor, which reported revenue of $16.3 billion in 2024, continues its 25-year history of infrastructure development in Texas.
Fluor (NYSE: FLR) has announced the appointment of Tracey Cook as Chief Human Resources Officer (CHRO), effective April 7, 2025. Cook, currently Senior Vice President of Human Resources, will succeed Stacy Dillow, who is departing to pursue other opportunities.
Cook brings 35 years of experience with Fluor, having served in various senior leadership roles including Finance and as President of AMECO, Fluor's former equipment subsidiary. The appointment aligns with Fluor's succession planning process overseen by the Board.
Fluor, headquartered in Irving, Texas, employs nearly 27,000 people and reported revenue of $16.3 billion in 2024. The company ranks 265 on the Fortune 500 list and provides engineering, procurement, and construction services globally.
Fluor (NYSE: FLR) has announced a live strategy update webcast scheduled for Wednesday, April 2, 2025 at 8:00 a.m. Eastern. The event will feature key leadership presentations from CEO David Constable, COO Jim Breuer, CFO John Regan, and segment leaders discussing the company's strategic plan, followed by a Q&A session.
The webcast will be accessible through Fluor's Investor Relations website at investor.fluor.com, where supporting materials will be available and a replay will be posted after the event.
Fluor, ranked 265 on the Fortune 500, reported revenue of $16.3 billion in 2024. The company employs nearly 27,000 professionals worldwide, providing engineering, procurement, and construction services. Based in Irving, Texas, Fluor delivers capital-efficient projects through professional and technical solutions.
Fluor (NYSE: FLR) has announced the successful completion and startup of Tengizchevroil's (TCO) Future Growth Project at the Tengiz oil field in Kazakhstan. The project, led by a Fluor joint venture including Worley, Kazakh Institute of Oil and Gas, and KazGiproNefteTrans Engineering Company, has provided engineering, procurement, construction, and maintenance services since 2011.
The project milestone includes the construction of a new Third-Generation Plant (3GP) at the Tengiz field, which was discovered in 1979. Once all facilities are operating at full capacity, TCO's total annual crude oil production is expected to reach 40 million tons per annum. The project has also contributed to Kazakhstan's economic development through educational programs and building local capabilities.
Tengizchevroil LLP is owned by Chevron (50%), KazMunayGas (20%), ExxonMobil (25%), and Lukoil (5%). Fluor, with revenue of $16.3 billion in 2024, continues its century-long legacy in engineering, procurement, and construction services.
Fluor (FLR) reported strong financial results for 2024, with revenue of $16.3 billion and net income of $2.1 billion ($12.30 per diluted share). The company secured $15.1 billion in new awards, with 85% being reimbursable, and maintained a backlog of $28.5 billion, of which 79% is reimbursable.
Key highlights include record operating cash flow of $828 million, the highest since 2015, and a $1.6 billion gain from the deconsolidation of NuScale investment. The company executed $125 million in share repurchases during Q4 and plans $300 million for 2025.
Looking ahead, Fluor provided 2025 guidance with adjusted EBITDA of $575-675 million and adjusted EPS of $2.25-2.75 per share.
Fluor (NYSE: FLR) has announced a significant leadership transition, with current COO Jim Breuer appointed as CEO effective May 1, 2025. Current Chairman and CEO David E. Constable will transition to Executive Chairman on the same date.
Breuer, who has served as COO since 2024, brings 31 years of experience at Fluor, including extensive international experience across four continents in energy, chemicals, mining and metals, and power sectors. Prior to his COO role, he served as Group President of Energy Solutions.
The transition marks Fluor's shift from a 'fix and build' phase to a new strategic chapter focused on 'grow and execute'. The company reported revenue of $16.3 billion in 2024 and employs nearly 27,000 people globally.
Fluor (NYSE: FLR) has announced its participation in two major investor conferences in the first quarter of 2025. John Regan, Executive Vice President and incoming CFO, along with Jason Landkamer, VP of Investor Relations, will conduct one-on-one meetings at the Barclays 42nd Annual Industrial Select Conference on February 19 and Citi's 2025 Global Industrial Tech and Mobility Conference on February 20. Chief Operating Officer Jim Breuer will also attend the Barclays conference.
Fluor , a global engineering and construction company, employs nearly 34,000 people and provides professional and technical solutions for capital-efficient projects worldwide. The company reported revenue of $15.5 billion in 2023 and ranks 265 on the Fortune 500 list. Based in Irving, Texas, Fluor has over a century of experience in engineering, procurement, and construction services.
Fluor (NYSE: FLR) has announced the election of Charles (Chip) P. Blankenship Jr. to its Board of Directors, effective March 1, 2025. Blankenship, currently Chairman and CEO of Woodward Inc., will serve on the Board's Audit Committee and Commercial Strategies and Operational Risk Committee.
The appointment brings Fluor's total board membership to 11, with 10 independent directors. Blankenship brings significant experience from his previous roles, including CEO of Arconic and a 24-year career at GE, where he held leadership positions in aviation, energy, and appliances. He currently serves on the Board of Directors of the National Association of Manufacturers and the Board of Governors of the Aerospace Industries Association.
Fluor , with revenue of $15.5 billion in 2023, employs nearly 34,000 people and ranks 265 among Fortune 500 companies.
Fluor (NYSE: FLR) has announced a joint venture contract with Hatch for BHP's Olympic Dam Smelter & Refinery Expansion Project in South Australia. The contract covers engineering, procurement and construction management (EPCM) services, with Fluor's portion to be recognized in Q4 2024.
The project aims to support BHP's goals of increasing production to more than 500,000 tonnes of refined copper cathode by the early 2030s, with potential growth to 650,000 tonnes from the mid-2030s. The contract execution will be staged, pending BHP's final investment decision expected in the first half of 2027.
The expansion project aligns with strategic objectives to secure local supply of mined materials, reduce overseas dependence, and implement sustainable production technologies. Fluor, with its 34,000 employees and $15.5 billion revenue in 2023, will leverage its expertise in engineering and construction services for this significant mining infrastructure project.
FAQ
What is the current stock price of Fluor (FLR)?
What is the market cap of Fluor (FLR)?
