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Fluor Corp - FLR STOCK NEWS

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.

Company Overview

Fluor Corp (FLR) is a globally recognized Fortune 500 firm that delivers comprehensive engineering, procurement, construction, fabrication, operations, and maintenance services. With a heritage spanning over a century, the company has built a reputation for executing some of the world’s most complex projects across diverse industries such as energy, chemicals, government, industrial, infrastructure, mining, and power. By combining technical expertise with robust project management, Fluor has established itself as a reliable partner in delivering large-scale, high-impact solutions.

Core Business Segments

Fluor organizes its operations into three primary segments that allow the firm to serve a wide array of markets:

  • Urban Solutions: Focused on complex infrastructure and construction projects within metropolitan areas, addressing challenges in urban development and civil engineering.
  • Mission Solutions: Dedicated to projects for governmental and industrial clients, encompassing specialized services that require intricate project management and engineering expertise.
  • Energy Solutions: Specializing in projects related to energy, chemicals, and mining, delivering innovative engineering and construction services tailored to dynamic market requirements.

Operational Excellence and Expertise

At its core, Fluor utilizes a multi-disciplinary approach that integrates design, engineering, procurement, fabrication, and construction services to meet client needs. The company leverages advanced technological methodologies and industry-specific knowledge to overcome challenges inherent in complex projects. By embracing a culture of safety, quality, and operational efficiency, Fluor demonstrates its commitment to excellence in every phase of the project lifecycle.

Market Position and Industry Dynamics

Operating in a competitive global landscape, Fluor is known for its technical prowess and ability to manage high-risk and high-reward projects. The firm's diverse portfolio and robust operational framework allow it to effectively navigate the fluctuating dynamics of multiple sectors. Fluor’s emphasis on specialized project management and tailored engineering solutions not only sets it apart from peers but also underscores its extensive experience and industry knowledge.

Competitive Edge and Strategic Value

Fluor's capability to manage end-to-end project lifecycles positions it uniquely among its competitors. The firm’s integrated approach combines expertise in various disciplines, thereby reducing project complexities and streamlining delivery timelines. This strategic integration with clear performance metrics solidifies the company’s role as a trusted partner for clients seeking reliable and high-quality engineering solutions.

Commitment to Quality and Trustworthiness

Emphasizing operational efficiency, rigorous project management, and a client-centric approach, Fluor continually aligns its business practices with industry needs. Its long-established track record is a testament to the company's commitment to providing solutions that are not only technically proficient but also reliable and ethically managed. This dedication to quality underlines the firm’s standing as a trusted provider in the engineering, procurement, and construction arena.

Conclusion

In summary, Fluor Corp epitomizes a deep-rooted expertise in executing complex projects on a global scale. Its blend of industry knowledge, operational excellence, and a comprehensive service model across multiple sectors makes it a focal point for understanding the intersection of engineering, project management, and global market dynamics. Investors and industry analysts recognize Fluor for its ability to manage diverse and challenging projects while upholding the highest standards of quality and trustworthiness.

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Fluor Corporation (NYSE: FLR) reported full-year new awards of $19.5 billion, increased backlog to $29.4 billion, and revamped its capital structure. Revenue for 2023 was $15.5 billion with a net income of $139 million. The company aims for improved cash flow conversion in 2024.
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Fluor Corporation (FLR) announces that Jason Landkamer will host one-on-one investor meetings at Barclay's Industrial Select Conference and Citi's Global Industrial Tech and Mobility Conference in Miami Beach, FL.
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Fluor Corporation (NYSE: FLR) has been selected by FEMA to provide recovery services under the Public Assistance Technical Assistance Contracts V (PA TAC V) for their East Zone region. The contract has a one-year base period with four one-year option periods and is valued at up to $525.6 million. This is part of FEMA's approach to align contractors with one of four geographical zones to provide more effective resource support. Fluor has worked closely with FEMA for more than 25 years and is currently on the ground in Florida and Georgia supporting hurricane recovery efforts.
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Fluor Corporation (NYSE: FLR) has signed a license agreement with Chevron New Energies to use its proprietary Econamine FG PlusSM carbon capture technology to reduce carbon dioxide (CO2) emissions at Chevron’s Eastridge Cogeneration facility in Kern County, California. The technology is expected to reduce emissions by approximately 95%. This agreement was recognized in the fourth quarter. Fluor will develop a process design package, supply proprietary equipment, and provide technical support services as part of the licensing agreement.
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Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its fourth quarter and year ended December 31, 2023. The public is invited to listen to the conference call on Tuesday, February 20, at 9:30 a.m. Eastern with Chairman and Chief Executive Officer David Constable and Chief Financial Officer Joe Brennan. Financial results will be released prior to market open that day. The live webcast and a replay will be available with accompanying slides online at investor.fluor.com. The call will also be accessible by telephone at +1 888-800-3960 (U.S./Canada) or +1 646-307-1852. The conference ID is 4438700. A replay of the webcast will be available for 30 days.
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Fluor Corporation (NYSE: FLR) has elected Lisa Glatch, a former Sempra Energy executive, to its Board of Directors. Glatch will serve on the Audit Committee and the Commercial Strategies and Operational Risk Committee, bringing the total number of Fluor Board members to ten, nine of whom are independent. David E. Constable, Chairman and CEO of Fluor Corporation, expressed confidence in Glatch's leadership credentials and global experience in multibillion-dollar capital projects. Glatch's 35 years of experience in infrastructure, energy, and liquified natural gas, along with her service in Fortune 500 companies, is expected to support growth across Fluor's portfolio as the company's clients transition to sustainable infrastructure and energy solutions. She has held various senior executive positions in business development, operations, and project management at CH2M (formerly CH2M Hill), Jacobs, and Fluor. Glatch also serves as a non-executive director on the boards of Xylem, a global water technology provider, and Hess, a global independent energy company. Glatch graduated from the University of Colorado, Boulder, with a bachelor’s degree in chemical engineering and completed advanced management programs at the University of Pennsylvania and Stanford University.
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Fluor Corporation (FLR) has been awarded two contracts from Dow for the construction of the world’s first net-zero scope 1 and 2 emissions integrated ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada. The contracts represent a total value of over $3 billion and aim to lower greenhouse gas emissions while growing capacity and delivering low-emissions products to customers. The project is projected to decarbonize approximately 20% of Dow's global ethylene capacity and grow its polyethylene capacity by approximately two million metric tonnes per annum.
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Tutor Perini Corporation (TPC) appoints Gary Smalley as President, succeeding Ronald Tutor as CEO, and Ryan Soroka as Senior Vice President and CFO. Smalley, currently the Executive VP and CFO, will take over as CEO on January 1, 2025. Soroka, the current Chief Accounting Officer, will assume the role of Senior VP and CFO. The company is also in search of a replacement for the Chief Accounting Officer position.
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Fluor Corporation (NYSE: FLR) will be participating in several investor conferences. Joe Brennan, CFO, and Jason Landkamer, Executive Director of Investor Relations, will host one-on-one meetings at the Baird Global Industrial Conference on November 9 in Chicago, IL. Jason Landkamer will also host virtual one-on-one meetings at the NYSE Virtual Industrials conference on November 14. Additionally, Landkamer will meet with investors at the UBS Industrials Summit on November 29 in Palm Beach, FL. Dave Watrous, VP of Advanced Technologies & Life Sciences, and Jason Landkamer will participate in a virtual fireside chat at the Vertical Research Virtual Infrastructure and Reshoring Summit on December 13.
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Fluor Corporation has been chosen by BHP Canada to develop Stage 2 of the Jansen potash project in Saskatchewan, Canada. The project is expected to be completed in the fourth quarter of 2023. Fluor's Mining & Metals business will recognize its undisclosed reimbursable contract value. The Jansen site will have a production capacity of approximately 8.5 million tonnes of potash per year.
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FAQ

What is the current stock price of Fluor (FLR)?

The current stock price of Fluor (FLR) is $33.55 as of April 16, 2025.

What is the market cap of Fluor (FLR)?

The market cap of Fluor (FLR) is approximately 5.7B.

What are the primary services offered by Fluor Corp?

Fluor Corp provides engineering, procurement, construction, fabrication, operations, and maintenance services. The firm manages complex projects across various industries through a comprehensive, integrated service model.

Which market sectors does Fluor Corp serve?

Fluor serves a diverse array of sectors including energy, chemicals, government, industrial, infrastructure, mining, and power markets. This diversification enables the company to cater to varied client needs globally.

How is Fluor Corp organized to manage its operations?

The company is organized into three core segments: Urban Solutions, Mission Solutions, and Energy Solutions. Each segment focuses on specialized project types, allowing for targeted expertise and effective project management.

What distinguishes Fluor Corp in a competitive industry?

Fluor is distinguished by its integrated approach to project delivery, combining advanced engineering techniques with robust project management. Its long history and global footprint underscore its technical proficiency and reliability.

How does Fluor Corp ensure quality in its projects?

The company emphasizes operational efficiency, rigorous safety standards, and high-quality project management practices. These elements underpin its ability to deliver complex projects while maintaining trust and consistency.

What is the significance of Fluor Corp being a Fortune 500 firm?

Being a Fortune 500 company signifies Fluor Corp's substantial global presence and long-standing track record in managing large-scale projects. It reflects the firm's established reputation and deep industry expertise.

How does Fluor Corp address the challenges of complex projects?

Fluor leverages a multi-disciplinary approach that integrates design, procurement, construction, and maintenance services. This streamlined methodology helps overcome technical and logistical challenges inherent in complex projects.

How does Fluor Corp compare to its competitors?

While many competitors focus on specific segments, Fluor’s comprehensive service model and global operational scale set it apart. The firm's ability to deliver integrated solutions across multiple sectors underscores its competitive advantage.
Fluor Corp

NYSE:FLR

FLR Rankings

FLR Stock Data

5.70B
164.90M
1.75%
95.7%
4.4%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
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United States
IRVING