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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 Reports Second Quarter 2023 Results

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Fluor Q2 2023 net earnings of $61 million, diluted EPS of $0.35; Q2 revenue of $3.9 billion, a 20% increase YoY. New awards of $3.7 billion. Raises 2023 adjusted EPS guidance from $1.50-$1.90 to $2.00-$2.30 per share. Tightens adjusted EBITDA guidance from $450-$600 million to $500-$600 million.
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Fluor Awarded Front-End Engineering and Design Contract for LanzaTech Sustainable Aviation Fuel Facility

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Fluor-led Joint Venture Selected for I-35 NEX South Project in San Antonio

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Fluor Awarded More Than $1 Billion in Life Sciences Contracts

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Fluor Corporation has been awarded a $487 million biotech expansion project in Denmark and is mobilizing resources for a $574 million life sciences production facility in the central U.S. These projects will be recognized in the second quarter backlog. Richard Meserole, president of Fluor's Advanced Technologies & Life Sciences business, expressed excitement about the investments being made globally in cutting-edge technologies and pharmaceuticals.
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Fluor Awarded Engineering, Procurement and Construction Contract for Mitsubishi Chemical Group Project in UK

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Fluor Corporation (NYSE: FLR) awarded EPC contract by Mitsubishi Chemical Group for SoarnoL™ EVOH facility in the UK, increasing production capacity by 21,000 tons per year. The project aims to reduce global food waste by producing packaging materials that extend the shelf life of foods and are highly recyclable.
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Fluor Reaches Significant Milestone on LNG Canada Project

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Fluor Corporation (NYSE: FLR) completes module fabrication program for LNG Canada project, marking a significant milestone in the construction of a large LNG export facility in Kitimat, British Columbia. The project, a joint venture between Shell, Petronas, PetroChina, Mitsubishi Corporation, and Korea Gas Corporation, will have an initial capacity to produce 14 million tons of LNG per year. The completion of the module fabrication program underscores Fluor's commitment to delivering complex energy and chemicals projects globally.
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Fluor Team Awarded DOE Portsmouth Gaseous Diffusion Plant Decontamination and Decommissioning Contract

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Fluor Corporation (NYSE: FLR) has been awarded a $5.87 billion contract by the U.S. Department of Energy for the decontamination and decommissioning of the Portsmouth Gaseous Diffusion Plant in Piketon, Ohio. The 10-year contract includes demolition, disposal, remediation of contaminated soils and groundwater, and disposition of uranium material. Fluor will book its initial annual portion of the contract in the third quarter of 2023.
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Fluor Corporation to Hold Second Quarter Earnings Conference Call

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Fluor and Carbfix Collaborate to Address Carbon Capture and Storage Solutions for Hard-To-Abate Sectors

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Stork Awarded Five-Year Asset Integrity Contract on the United Kingdom Continental Shelf

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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
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United States of America
IRVING