QUOTE AND NEWS
StreetInsider.com  Aug 19  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Management+Changes/KBR%2C+Inc.+%28KBR%29+Adds+Chevron+%28CVX%29+Exec+Blackwell+as+Director/9765402.html for the full story.
Market Intelligence Center  Aug 12  Comment 
Monday’s trading in KBR (KBR) gives options traders an opportunity for a 15.94% return. By selling the Dec. '14 $21.00 call and buying the Jan. '16 call at the $13.00 level for a net debit of $6.90, traders will book a profit as long as the...
SeekingAlpha  Aug 6  Comment 
By Alpha Gen Capital: KBR (NYSE:KBR) continues to shoot itself in the foot with company-specific missteps that have sidetracked it from a decent long-term story. The company reported weak second quarter results that were well below consensus...
Benzinga  Jul 31  Comment 
On Assignment (NYSE: ASGN) shares touched a new 52-week low of $27.30 after the company reported Q2 earnings of $0.56 per share on revenue of $468.60 million. Baird downgraded the stock from Outperform to Neutral. KBR (NYSE: KBR) shares fell...
Wall Street Journal  Jul 31  Comment 
KBR Inc. swung to a second-quarter loss as the defense contractor reported its 20th-consecutive period of declining revenue.
Market Intelligence Center  Jul 11  Comment 
After Thursday’s trading in KBR (KBR) MarketIntelligenceCenter.com's option trade-picking algorithms uncovered a trade that offers a 7.98% or 17.98% (for comparison purposes only), while providing 7.59% downside protection. The trade is a Dec....
Reuters  Jul 1  Comment 
The U.S. Supreme Court on Tuesday agreed to hear KBR Inc's appeal of a whistleblower case filed by a former employee who accused the contractor of defrauding the U.S. government over work it carried out in Iraq.
Wall Street Journal  Jun 26  Comment 
KBR Inc. said the Armed Services Board of Contract Appeals affirmed the government contractor's use of private security contractors during combat operations in Iraq, clearing the way for KBR to recover $45 million for services rendered in 2003 to...
Market Intelligence Center  Jun 25  Comment 
After Tuesday’s trading in KBR (KBR) MarketIntelligenceCenter.com's option trade-picking algorithms uncovered a trade that offers a 4.74% or 19.87% (for comparison purposes only), while providing 7.19% downside protection. The trade is a Sep....
Benzinga  Jun 20  Comment 
In a report published Friday, D.A. Davidson & Co. analyst John B. Rogers reiterated a Buy rating on KBR (NYSE: KBR), but lowered the price target from $38.00 to $30.00. In the report, D.A. Davidson & Co. noted, “KBR reported a first quarter...




RELATED WIKI ARTICLES
 

KBR, Inc. (KBR) is an international construction, engineering, and services company supporting the energy, government, and civil infrastructure sectors.[1] The Company operates in four segments:Hydrocarbons; Infrastructure, Government & Power ("IGP"); Services; and Other.[1] Revenue from operations in Iraq were 29%, 35%, and 43% of revenue in 2010, 2009, and 2008 respectively, marking decreasing revenues as the war in Iraq winds down.[1] Despite these losses, KBR is partially sheltered from the recession in the United States as a result of extensive operations abroad in countries such as Kazakhstan, Saudi Arabia, and Australia.[2]

Business Growth

Almost 80% of KBR's revenue comes from operations abroad, including operations in Iraq and Afghanistan.[2] As the wars in these two theaters come to an end, revenue will decrease. Revenue from IGP, the segment that deals with contracting in war zones, decreased by 32% between 2009 and 2010.[1] Revenue decreased from $6.3 billion to $4.3 billion in 2009 and 2010 respectively.[1]

Trends and Forces

Infrastructure, Government and Power Revenue Contingent Upon Government Spending

Approximately half of KBR's revenues come from government contracts in war zones such as Afghanistan and Iraq.[1] As operations in Iraq came to an end, KBR incurred a $2 billion loss as a result of decreasing U.S. military need.[1] Furthermore, as international allies end their operations in these theaters, they will have to rely on KBR less for material support.[1]

The Effects of the U.S. Recession are Partially Offset by Operations Abroad

Revenue from international operations has increased to nearly 80% of KBR's total earnings.[1] Though KBR is largely reliant on U.S. and Western government contracts, it has expanded into areas such as Central Asia and the Persian Gulf.[2] These projects namely include building infrastructure for emerging nations; KBR has announced multi-billion dollar contracts to help build mines in Australia and with Rio Tinto and Hancock Prospecting.[2]

Competition

KBR competes directly with a growing industry of government contracts that emerged to take advantage of spending in the aftermath of the terrorist attacks of 9/11, as well as traditional engineering and construction companies. These companies include:

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 KBR 2010 Annual Report
  2. 2.0 2.1 2.2 2.3 KBR ranked No. 10 on the Washington Technology 2011 Top 100
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki