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Fluor Corporation - FLR STOCK NEWS

Welcome to our dedicated page for Fluor Corporation news (Ticker: FLR), a resource for investors and traders seeking the latest updates and insights on Fluor Corporation stock.

Fluor Corporation (NYSE: FLR) is a global leader in engineering, procurement, fabrication, construction, maintenance, and project management services. With a legacy spanning over a century, Fluor is renowned for delivering solutions to some of the world's most complex and challenging projects.

Headquartered in Irving, Texas, this Fortune 500 company operates worldwide with a workforce of around 40,000 employees. Fluor's diverse portfolio spans various sectors including energy, chemicals, government, industrial, infrastructure, mining, and power. The firm's business is organized into three primary segments: urban solutions, mission solutions, and energy solutions.

Fluor's commitment to excellence is reflected in its consistent ranking on Fortune magazine’s Most Admired Companies list and Ethisphere Institute’s World’s Most Ethical Companies list. In 2014, the company was also recognized as one of North America Aon Hewitt Top Companies for Leaders.

In 2023, Fluor reported revenues of $15.5 billion, underscoring its significant market presence and operational efficacy. The company is currently engaged in numerous high-profile projects around the globe, leveraging its extensive expertise to deliver innovative and sustainable solutions.

Fluor's strategic partnerships and robust financial health position it as a key player in its industry, continually driving forward with new initiatives and expanding its impact on a global scale.

News

Fluor Corporation to Hold Third Quarter Earnings Conference Call

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Fluor Corporation to hold conference call to review Q3 2023 results
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Fluor Announces Full Mandatory Conversion of Series A 6.50% Cumulative Perpetual Convertible Preferred Stock

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Fluor Corporation exercises mandatory conversion rights on its outstanding Series A 6.50% Cumulative Perpetual Convertible Preferred Stock. Holders will receive 44.9585 shares of Common Stock and a cash payment of $45.23 per share. Dividends on Preferred Stock will cease to accumulate. CFO states this move supports future growth and enables a path towards returning capital to common stockholders.
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Fluor Sells Stork European Business

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Fluor Corporation to sell its Stork business and turbo blading manufacturing operation to Bilfinger SE.
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Fluor Corporation Statement on SEC Settlement

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Fluor Corporation settles SEC investigation, agrees to pay $14.5 million civil penalty
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Fluor Corporation Announces Expiration of Cash Tender Offer for Its 3.500% Senior Notes Due 2024

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Fluor Corporation (NYSE: FLR) announces the expiration of its cash tender offer to purchase any and all of the outstanding 3.500% Senior Notes due 2024. The tender offer expired on August 11, 2023, with the settlement date yet to be determined.
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Fluor Corporation Announces Pricing of Cash Tender Offer for Its 3.500% Senior Notes Due 2024

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Fluor Corporation has announced a cash tender offer to purchase any and all of its outstanding 3.500% Senior Notes due 2024. The offer includes a fixed spread of 20 bps and a consideration of $975.03 per $1,000 principal amount of notes. The offer is valid until the Expiration Date.
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Fluor Corporation Announces Pricing of Private Offering of $500 Million of 1.125% Convertible Senior Notes Due 2029

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Fluor Corporation (NYSE: FLR) announced the pricing of $500 million aggregate principal amount of 1.125% Convertible Senior Notes due 2029 in a private offering. The Notes will bear interest at 1.125% per year, with interest payable semiannually. The Notes will be convertible at the option of the holders and will mature on August 15, 2029. Fluor expects to use the net proceeds from the Offering to pay the cost of the capped call transactions and to repurchase all or a portion of the Company’s outstanding 2024 Notes.
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CORRECTING and REPLACING Fluor Eyes CCS, Critical Mineral Markets as Backlog Grows, an Industrial Info News Alert

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FLR: Fluor Corporation Eyes CCS and Critical Mineral Markets for Growth as Backlog Grows. The company is involved in a $25.5 billion worth of active and proposed projects in the U.S. alone, including carbon capture and storage (CCS) and critical minerals projects. Fluor's CEO credited last year's Inflation Reduction Act (IRA) with much of the growth in CCS projects. The company is also involved in copper and lithium development projects.
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Fluor Corporation Announces Cash Tender Offer

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Fluor Corporation (FLR) Commences Cash Tender Offer to Purchase Outstanding 3.500% Senior Notes due 2024. The Offer involves the purchase of any and all of the 3.500% Senior Notes due 2024. The Consideration payable per $1,000 principal amount of 2024 Notes validly tendered and accepted for purchase will be based on the fixed spread specified in the table above, plus the yield to maturity of the U.S. Treasury Reference Security based on the bid-side price of the U.S. Treasury Reference Security specified above at 11:00 a.m., New York City time, on August 11, 2023. The tender offer will expire at 5:00 p.m., New York City time, on August 11, 2023, unless extended or terminated by the Company.
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Fluor Corporation Announces Proposed Private Offering of $500 Million of Convertible Senior Notes

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Fluor Corporation (NYSE: FLR) announces the intention to offer $500 million aggregate principal amount of Convertible Senior Notes due 2029 in a private offering. The company expects to grant the initial purchasers an option to purchase an additional $75 million aggregate principal amount of the Notes. The net proceeds will be used to pay for capped call transactions and repurchase outstanding Senior Notes due 2024.
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FAQ

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

The current stock price of Fluor Corporation (FLR) is $54.72 as of November 21, 2024.

What is the market cap of Fluor Corporation (FLR)?

The market cap of Fluor Corporation (FLR) is approximately 9.0B.

What does Fluor Corporation do?

Fluor Corporation provides engineering, procurement, fabrication, construction, maintenance, and project management services worldwide.

Where is Fluor Corporation headquartered?

Fluor Corporation is headquartered in Irving, Texas.

How many employees does Fluor Corporation have?

Fluor Corporation has approximately 40,000 employees worldwide.

What are the primary business segments of Fluor Corporation?

Fluor's business is organized into three core segments: urban solutions, mission solutions, and energy solutions.

In which industries does Fluor Corporation operate?

Fluor operates in various sectors including energy, chemicals, government, industrial, infrastructure, mining, and power.

What was Fluor Corporation's revenue in 2023?

Fluor Corporation generated $15.5 billion in revenue in 2023.

Has Fluor Corporation received any notable recognitions?

Yes, Fluor consistently ranks on Fortune magazine’s Most Admired Companies list and Ethisphere Institute’s World’s Most Ethical Companies list.

What types of projects does Fluor Corporation undertake?

Fluor undertakes complex projects in engineering, procurement, construction, and project management across multiple industries.

Is Fluor Corporation involved in sustainable initiatives?

Yes, Fluor is committed to delivering innovative and sustainable solutions in its projects worldwide.

What is Fluor Corporation's significance in its industry?

Fluor is one of the largest global providers in its field, known for handling some of the most complex and challenging projects around the world.

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Fluor Corporation

NYSE:FLR

FLR Rankings

#926 Ranked by Market Cap
N/A Ranked by Dividends

FLR Stock Data

9.01B
168.86M
1.38%
92.63%
3.64%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
Link
United States of America
IRVING