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Fluor Corporation (FLR) reported first-quarter 2013 earnings per share of $1.02, 6.3% higher than the Zacks Consensus Estimate of 96 cents. Quarterly earnings were up 12.1% year over year from 91 cents a share. Profits during the first quarter were driven by growth in the Oil & Gas and Industrial & Infrastructure segments. Total Revenue Total revenue [...]

Fluor Corporation (FLR) announced that it has received a contract from Williams Companies Inc. (WMB) to provide groundwork engineering services for a propane dehydrogenation project set to come up in Alberta, Canada. With the help of this new propane dehydrogenation, Williams intends to utilize the propane recovered from its extraction facility at Alberta and convert it [...]

The shale gas boom in the U.S. will revive more than the oil and gas industry, Fluor Corp.'s (NYSE: FLR) CEO says...

Chemical companies are favorite plays among macro strategists. These strategists conceive of an extreme future and identify a company that would benefit most from such a future.

Jim CramerJim Cramer, the colorful and at times controversial host of CNBC’s Mad Money, recommended these six stocks on the Monday, December 5 episode.

Fluor Corporation (FLR) is all set to provide its engineering, procurement and construction management (EPCM) services for Woodside Energy Limited’s operating gas assets in Australia. In the final agreement, the initial contract term for Fluor is three years and has an option to be extended three times by one year. The value of the contact [...]

Fluor Corporation (FLR) received a basic engineering and design services contract from The Dow Chemical Company. The services are for Dow’s propane dehydrogenation (PDH) expansion project in Freeport, Texas. The value of the contract has not been disclosed but included in the second quarter of 2011 bookings. In Fluor’s office in Houston, Texas basic engineering for [...]

Fluor Corporation (FLR) has won a contract from The Dow Chemical Company (DOW) for providing basic engineering and design services on its propane dehydrogenation (‘PDH’) expansion project in Freeport, Texas. The contract value is yet to be disclosed and is expected to be made in the second quarter of 2011. Dow Chemicals is engaged in specialty [...]

Some hot stocks to watch this morning, led by Alcatel-Lucent and Fluor. Telecom equipment maker Alcatel-Lucent ($6.03, -$0.23, -3.67%) Friday said earnings improved in the first quarter, but concern over its dependency on the U.S. as its main growth dr...

Among the companies whose shares are expected to actively trade in Friday’s session are Fluor and EOG Resources. Fluor Corp.’s first-quarter profit rose 2.3% as strength in its industrial and infrastructure business offset continued weaknes...

Fluor Corporation (NEW) (NYSE:FLR) moved up by 3.95% to close at $72.05 with overall traded volume of 2.28 million shares in the last trading day. The company stands in profit with the profit margin of 2.12%. The company is in highly profitability with ROE of 10.51%. salesforce.com, inc. (NYSE:CRM) went up by 3.67% and closed [...]

Fluor Corporation (NYSE: FLR) is scheduled to release its fourth-quarter earnings before the opening bell on Wednesday, Ferbruary 23, 2011. Analysts, on average, expect the company to report earnings of 75 cents per share on revenue of $5.66 billion. In the year ago quarter, the company reported earnings of 82 cents per share on revenue of $5.48 billion. Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management...

Leading international design, engineering, and contracting firm Fluor Corp. (FLR), first discussed here on February 17, 2009, at a price of $39.21, has ascended to the stratosphere, taking out $70 resistance, and now may be a good time to consider taking some profits. However, those investors who can tolerate the risk can maintain their [...]

This market has been very rotational as buyers move from one sector to another.  After a long period of underperformance, one area of strength the past 6 weeks has been the infrastructure stocks which were an area of emphasis back in 2007 and early 2008.  This is a group that does well mid to late cycle as they require a stable financial environment for long term projects.... hence per the 'playbook' (the same playbook that said to buy early cyclical names a year ago) [Mar 7, 2010:...

FLR had a nice breakout on earnings, but is a horribly weak chart. Price relative is weak, CMF is low, and the recent drop, even though is pretty much held the 50dma, was on high volume. The weakness might eplain the close, which was well below the high of the day. It did close above the brekaout point, a positive, and is not that extended here, but I don;t think I will mess with this one.

Fluor Corporation (NYSE: FLR) is skyrocketing today, gaining more than 9% on the back of strong earnings. Fluor Corp. reported earnings per share of 92 cents in the third quarter of 2010, excluding items. Revenues rose to $5.5 billion. Both of these beat Wall Street estimates. At last check, shares of FLR were up $4.69 to $54.49, a gain of 9.4%. Fluor is a best-in-class engineering and construction companies with a favorable contract mix, diverse service offerings and strong...

Fluor Corporation (NYSE: FLR) announced financial results for its third quarter ended September 30, 2010. Revenue rose 2 percent to $5.5 billion, compared with $5.4 billion in the third quarter of 2009. The company reported a net loss attributable to Fluor of $54 million, compared with net earnings attributable to Fluor of $162 million a year ago. This resulted in a loss per diluted share of $0.30, which compares with earnings per diluted share of $0.89 for the same period last year....

Fluor Corporation (FLR) reports Q3 earnings loss of $0.30 versus consensus of $0.22 loss. Fluor Corporation reports revenues of $5.5 billion versus consensus of $5.21 billion. Revenues increased 2% year over year. The outlook for 2010 earnings has been maintained at the previously indicated range of $1.90 to $2.20 per share, including the impact of charges relating to the Greater Gabbard and SR-125 projects. The company's initial 2011 earnings guidance is a range of $3.00 to $3.40 per...

Shares of Fluor Corporation (NYSE: FLR) are getting hit hard today, as the company announced it would take a charge in Q3. This morning Fluor announced it would take a 90 cent per share charge due to increased costs of Greater Gabbard Offshore Wind Project. It subsequently lowered its fiscal 2010 EPS guidance to $2.20-2.50. Analysts had been expecting earnings per share for the full year of $3.05. Fluor provides engineering, procurement, construction, maintenance, and project...

Fluor Corporation (NYSE: FLR) announced today that it was awarded the Project Hijau Gasoil Phase-1 by Shell Refining Company FOM Malaysia. The project comprises a new 6,000 tonnes-per-day diesel processing unit located in Port Dickson, Malaysia. Fluor will perform engineering, procurement and construction management (EPCM) services as a follow-on scope of work to its previous front-end engineering and design (FEED) work. Fluor will recognize the undisclosed award value in the third quarter...

Pritchard Capital is out with its Morning Intelligence report. In the report, Pritchard talks about Fluor Corporation (NYSE: FLR), Comverge, Inc. (NASDAQ: COMV) and Ormat Technologies, Inc. (NYSE: ORA). Pritchard rates Fluor a Buy and a $66 price target, as the company announced a sale of $900 million subordinated notes offering strengthens BS for final investment decision for Gladstone LNG. Pritchard rates COMV a buy with a $13 target, as the company has had strong performance on a...

by Tony Daltorio, Investment U Research Thursday, July 15, 2010 This world is in desperate need of infrastructure. The Cohen & Steers 2009 Global Infrastructure Report shows that clearly enough. Over the next 25 years, the world should spend $40 trillion on such projects. That includes power, sewage, roads and telecommunications… exactly what [...]

Fluor Corp. (FLR) has bagged a $1.3 billion mining contract awarded by Minera Lumina Copper in Chile. Minera Lumina Copper Chile is owned by Pan Pacific Copper Co., Ltd. and Mitsui Co., Ltd. The work involves engineering design, manufacturing and commissioning of a copper mine at 13,000 feet above the mean sea level. The mine will [...]

Goldman Sachs adjusted its ratings on a pair of construction names this morning. Citing valuation and the possibility of a 2011 earnings beat, Goldman upgraded Fluor (FLR) from to Buy from Neutral, while keeping Chicago Bridge & Iron (CBI) on its Conviction Buy list. Meanwhile, the firm downgraded Foster Wheeler (FWLT) from to Neutral [...]

Monday was not kind to PCLN, FLR or DF...

Fluor Corporation (FLR) announced that its joint venture with Sinclair Knight Merz was awarded a contract by BHP Billiton to execute the next phase of its Rapid Growth Program. The focus of the project will be the continued expansion of BHP Billiton's iron ore operations in the Pilbara Region of Western Australia. Fluor booked approximately $500 [...]

Net earnings attributable to Fluor Corporation (FLR) for the fourth quarter of 2009 were $149 million, or 82 cents per share, compared with $190 million, or $1.03 in 2008. This was lower than the Zacks Consensus Estimate of 88 cents. The effective tax rate in the fourth quarter of 2009 was higher than expected at 39%, [...]

Fluor Corporation (FLR) announced that its UK division, Fluor Limited, and SSE (Scottish and Southern Energy plc), have been awarded exclusive rights by The Crown Estate to develop the Round 3 offshore wind farm zone in the Firth of Forth, off the coast of Scotland. The proposed wind farm zone is located approximately 22 kilometers from [...]

Fluor Corporation (FLR) reported third quarter earnings per share of 89 cents, matching the Zacks Consensus Estimate. Revenue declined by 4% to $5.4 billion, which compares with $5.7 billion in the third quarter of 2008. This change was driven primarily by decreases in the Oil & Gas and Power segments. Revenue in both Industrial & [...]

Engineering / infrastructure firm Fluor (FLR) is one of those few stocks that one could purchase before heading to a remote island for a decade, arrive back in 2019.... and the company would be executing and thriving.  However, it's business - dependent on large projects - is quite lumpy from quarter to quarter, and it has been struggling of late.  You can see while the market has had an upward bias, the stock has been in a downturn for a good 2 months, signaling "those in the know" *knew*...

ICA Fluor, the industrial construction joint venture of Empresas ICA , S.A.B. de C.V. (ICA ) and Fluor Corporation (FLR), announced that Mexico’s state oil company PEMEX Refining awarded the company engineering, procurement and construction contracts for two low sulfur gasoline projects in Mexico. The $638 million contracts are part of PEMEX’s clean fuels program and [...]

Fluor Corporation (FLR) announced yesterday that it received a $150 million engineering, procurement and construction [EPC] contract from ISAB Energy to rebuild a gas turbine power train. The contract is to rebuild one of the two 266-megawatt combined cycle gas turbine power trains in Sicily, Italy. The power train, which is a part of a 532-megawatt [...]

Yesterday, Fluor Corporation (FLR) announced that it has been awarded an engineering services contract to design a concentrating solar power plant for eSolar, Inc. Fluor will provide design optimization to rapidly scale eSolar’s 46 megawatt power plants. The company did not disclose the contract value, but said that the amount was booked in the third [...]

I have not had a chance to do a write up on Flowserve's (FLS) earnings yet, but Fluor (FLR) in engineering / construction and Flowserve in water services are 2 dominant machines. [Feb 26, 2009: Fluor and Flowserve Continue Best of Breed Ways] Fluor is trading at 14x this year's estimate but at this point 2010 is looking to be less profitable than 2009; we shall see how it plays out. Fluor reported last night - a slight beat on the bottom line and inline on the top line. Inline on...

Wednesday March 11, 2009 Navivest From The Options Capitalist THE TRADE: Buy the Fluor Corp March 2009 $35 calls. Option Symbol: FEM CG Current Options Price: $3.40 - $3.60. TRADE RATIONAL: The stock market is looking to extend yesterday’s gains and on that, we like FLR. The stock is looking very bullish, as it has broken out of a consolidation base, which could [...]

We remain in a market where fundamentals seem to matter very little, and student body trading ("everyone in!" everyone out!") is dominant, but Fluor (FLR) and Flowserve (FLS) continue to be impressive in their respective niches. First, Fluor (FLR) the largest "global infrastructure/engineering" firm out there - unlike a lot of peers who have been decimated on earnings of late (Foster Wheeler, Chicago Bridge & Iron) Fluor seems to be outperforming - although their business is not immune;...

Tuesday January 13, 2009 Navivest The infrastructure related stocks that we recommended on the Navivest blog yesterday and today, are on the move to the upside today. With the new administration coming in next Tuesday the 20th, we are looking for an Obama bounce, as he plans to spend billions to boost the economy and create over 4 [...]

I am closing the last of Fluor (FLR), one of my favorite companies period, today. This stock has dropped 50% in just over a quarter on the "global slowdown" trade. Since I don't see the global economy recovering anytime soon, and it does not seem to matter how many times these global engineering companies reiterate business is fine and announce contract after contract, they get sold off. [Aug 12: Fluor to Hedge Fund Computers: The World Does not End at $110 Oil. Or $80. Or $50] It goes...

Fluor Corporation (FLR) saw analysts raise full-year 2008 earnings estimates from the two months-ago level of $3.29 per share to $3.58. The company reported a record second quarter earlier this month.Company DescriptionFluor Corporation provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, [...]

Untitled Document From Staff Reports Site preparation has begun for a Xinyu City, China, polysilicon production plant that will be located adjacent to LDK Solar Co. Ltd.'s (LDK) existing solar wafer manufacturing facilities. Fluor Corp (FLR), the U.S.-based engineering-and-construction company, said it landed a contract worth more than $1 billion to provide engineering, design [...]