KBR Stock Price, News & Analysis

KBR (NYSE: KBR) has secured a significant front-end engineering design (FEED) contract for the Abadi LNG project in Indonesia. The project, designated as nationally strategic by the Indonesian government, targets peak production capacity of 9.5 million tons per annum of LNG and 150 million standard cubic feet per day of pipeline gas.

KBR will partner with Samsung E&A and PT Adhi Karya to deliver comprehensive FEED services for the onshore LNG facilities. The project aims to enhance Indonesia's energy security objectives and support INPEX in reaching its final investment decision.

KBR (NYSE: KBR) has appointed former Shell executive Huibert H. Vigeveno to its Board of Directors, effective August 5, 2025. Vigeveno, 55, brings 30 years of experience from Shell, where he most recently served as director of Downstream, Renewables and Energy Solutions and as a member of Shell's executive committee from 2020 to 2025.

Throughout his career at Shell, Vigeveno held several key leadership positions, including executive vice president of Global Commercial, transition CEO of BG Group following its Shell acquisition, executive chairman of Shell China, and vice president of Shell Supply and Distribution in Europe and Africa. He will officially leave Shell in September 2025 and holds an MBA from Erasmus University Rotterdam.

One Equity Partners (OEP) has announced an investment agreement with Brown & Root Industrial Services, while KBR (NYSE:KBR) will maintain a significant ownership stake. Based in Baton Rouge, the Company provides non-discretionary industrial services with over 10,000 employees across 22 U.S. locations.

Brown & Root specializes in industrial maintenance, turnaround services, construction, and engineering, serving chemicals, energy, manufacturing, and government sectors. The company has a strong presence in Texas and the Gulf Coast region. The transaction is expected to close in late Q3 or early Q4 2025, with financial terms undisclosed.

BCP has announced the sale of its stake in Brown & Root Industrial Services to existing investor KBR (NYSE:KBR). The transaction, expected to close in late Q3 or early Q4 2025, marks the end of BCP's involvement since the company's establishment in 2015.

Under BCP's partnership, Brown & Root Industrial Services has experienced significant growth, expanding to 22 locations across the U.S., Mexico, and Canada with a workforce of over 10,000 employees. The company serves clients in chemicals, synthetics, energy, manufacturing, and government sectors.

KBR (NYSE:KBR) reported strong Q2 2025 financial results with revenues of $2.0 billion, up 6% year-over-year. The company achieved net income of $73 million and Adjusted EBITDA of $242 million, up 12% with a 12.4% margin.

Key performance metrics include diluted EPS of $0.56 and adjusted EPS of $0.91, up 10%. The company secured bookings and options of $3.5 billion with a 0.9x book-to-bill ratio. KBR is revising its FY2025 guidance due to HomeSafe Alliance JV contract termination and other factors, now projecting revenues of $7.9B-$8.1B and Adjusted EBITDA of $960M-$980M.

The company's backlog remains strong at $21.6 billion, with Mission Technology Solutions contributing $17.8 billion and Sustainable Technology Solutions adding $3.7 billion.

KBR (NYSE: KBR) has secured a contract from Kuwait Oil Company (KOC) to provide front-end engineering design (FEED) services for Phase 1 of the Heavy Oil Program at the South Ratqa field. The project is strategically aligned with KOC's long-term vision for energy affordability and national prosperity.

The scope includes FEED and associated services, leveraging KBR's century-long expertise in designing and delivering oil and gas plants globally. Jay Ibrahim, President of KBR Sustainable Technology Solutions, emphasized the company's commitment to supporting Kuwait's energy security through innovative solutions and technical expertise.

KBR (NYSE: KBR) has secured a Program Management Consultancy (PMC) services contract from TAQA Transmission for Phase 1 of its Nexus Scheme in Abu Dhabi. The project encompasses management of EPC packages across power and water transmission networks in multiple Abu Dhabi locations.

Under the contract, KBR will oversee supply management and infrastructure development. The initiative is part of TAQA's strategy to address UAE's growing energy demands while maintaining sustainable operations. Jay Ibrahim, KBR President of Sustainable Technology Solutions, emphasized the project's strategic importance in digital transformation and sustainable energy management.

KBR (NYSE: KBR) has secured a two-year renewal of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon Oil Field in Iraq. The contract extension will enable KBR to continue providing comprehensive EPCM services to maintain production capacity and enhance operational efficiency.

The renewed partnership focuses on maximizing local content, improving safety measures, and supporting Iraq's national energy strategy. KBR's team in Iraq includes a significant number of local professionals working at the Majnoon site and regional hubs, contributing to the Growth II Program implementation.

KBR (NYSE: KBR) has secured a front-end engineering design (FEED) contract from KEPPT for a major fertilizer facility in Basra, Iraq. The project includes a 2,300 metric tons per day ammonia production facility and a 3,850 metric tons per day urea production unit.

The facility will utilize KBR's proprietary ammonia technology, focusing on high efficiency, low emissions, and operational reliability. The project aims to monetize gas feedstock, boost Iraq's agricultural industry, create employment opportunities, and reduce fertilizer import dependency while establishing Iraq as a global ammonia producer.