Fluor Corp Stock Price, News & Analysis

Fluor Corporation (NYSE: FLR) and JGC Corporation's Joint Venture has secured a contract to update the Front End Engineering and Design (FEED) for the proposed Phase 2 expansion of LNG Canada's facility in Kitimat, British Columbia. The award follows the successful commissioning of Phase 1, which recently shipped its first LNG export cargo.

The existing facility, Canada's first of its kind, has an annual production capacity of 14 million tonnes of LNG and operates under a 40-year license. The Phase 2 expansion would enhance the facility's processing, storage, and shipping capabilities, though a final investment decision is pending. Fluor reported revenue of $16.3 billion in 2024 and has maintained a strong presence in Canada for over 75 years.

Fluor Corporation (NYSE: FLR) has received final notice to proceed from Barrick Mining Corporation for the Reko Diq Project in Balochistan, Pakistan. Following their selection as Barrick's lead EPCM partner in April 2025, Fluor will oversee this 40+ year copper-gold mining project.

The project will feature multiple open pit mines with a total processing capacity of 90 million tonnes per annum. Construction will commence in late 2025 in two phases, with first production targeted for 2028. The project includes comprehensive infrastructure development, including processing facilities and transportation networks.

Fluor, which reported revenue of $16.3 billion in 2024, brings extensive experience in delivering large copper concentrate projects in challenging locations.

Fluor Corporation (NYSE: FLR) has announced a major milestone with the successful first cargo shipment of liquefied natural gas (LNG) from the newly-constructed LNG Canada facility in Kitimat, British Columbia. The facility, built through a joint venture between Fluor and JGC Corporation since 2018, represents Canada's first LNG export facility with an annual production capacity of 14 million tonnes.

The project showcases significant achievements, including the construction of the world's second-largest LNG storage tank and the successful delivery of over 215 modules between January 2022 and July 2023. The facility operates under a 40-year license and was designed to produce LNG with some of the lowest emissions among large-scale facilities globally.

The project demonstrated strong commitment to local economic development, with CAD 3.3 billion spent on Indigenous businesses and joint ventures, plus $200 million with local area businesses. Fluor reported revenue of $16.3 billion in 2024 and continues to provide commissioning support and operational readiness services for the facility.

Fluor Corporation (NYSE: FLR) has announced it will host its second quarter 2025 earnings conference call on Friday, August 1, 2025, at 8:30 a.m. Eastern. The call will feature CEO Jim Breuer and CFO John Regan, with financial results to be released before market open.

The company, which reported revenue of $16.3 billion in 2024 and ranks 257 on the Fortune 500, employs nearly 27,000 people globally. Fluor provides engineering, procurement, construction and maintenance services, with a century-long track record in the industry.

Investors can access the live webcast and accompanying slides at investor.fluor.com, or join by phone using the provided dial-in numbers. A replay will be available for 30 days following the presentation.

Fluor Corporation (NYSE: FLR) announced that Bayer's Cell Therapy Launch Facility in Berkeley, California, has achieved two significant milestones: becoming the first industrial manufacturing facility in the Western United States to receive LEED v4 Platinum Certification and winning the 2025 ISPE Facility of the Year for Social Impact. The 144,000-square-foot facility, featuring 30,000 square feet of cleanroom space, is Bayer's first fully electric pharmaceutical plant.

The facility demonstrates impressive sustainability metrics, including 52.6% energy cost savings through LED lighting, heat pumps, and rooftop solar installation. Additional environmental benefits include 100% process water reduction, 98% onsite rainfall management, and 65% recycled content installation. This marks Fluor's second facility construction on Bayer's Biotech campus, following the Cell Culture Technology Center completed in 2021.

Fluor Corporation (FLR) reported its Q1 2025 financial results with revenue of $4.0 billion, up 7% year-over-year. The company posted a GAAP net loss of $241 million, largely due to $477 million in mark-to-market losses on NuScale investment. However, adjusted EBITDA increased 76% to $155 million, and adjusted EPS rose 55% to $0.73. New awards totaled $5.8 billion (87% reimbursable), with backlog at $28.7 billion. The Urban Solutions segment showed strong performance with $70 million profit, while Energy Solutions and Mission Solutions reported profits of $47 million and $5 million respectively. The company maintained its 2025 guidance with adjusted EBITDA of $575-675 million and adjusted EPS of $2.25-2.75. Fluor accelerated share repurchases to $142 million in Q1, targeting $600 million for 2025.

Fluor Corporation (NYSE: FLR) has announced its management team's participation in three major investor conferences during Q2 2025. The schedule includes:

• May 8: Truist Securities Industrials & Services Conference featuring CFO John Regan
• May 28: KeyBanc Industrials & Basic Materials Conference with CEO Jim Breuer and CFO John Regan
• June 4: Baird Global Consumer, Technology & Services Conference with Sr. VP Steve Hopkins

Fluor, ranked 265 on Fortune 500, reported revenue of $16.3 billion in 2024. The company employs nearly 27,000 people and specializes in engineering, procurement, and construction services. Based in Irving, Texas, Fluor has been delivering capital-efficient projects globally for over a century.

Fluor (NYSE: FLR) has announced the successful completion and startup of Tengizchevroil's (TCO) Future Growth Project at the Tengiz oil field in Kazakhstan. The project, led by Fluor's joint venture with Worley, Kazakh Institute of Oil and Gas, and KazGiproNefteTrans Engineering Company, marks a significant milestone in oil production capabilities.

The centerpiece of the project is the new Third-Generation Plant (3GP), which will help TCO reach a total annual crude oil production of approximately 40 million tons per annum once all facilities are operating at full capacity. The project has also contributed to Kazakhstan's economic development through educational programs and building local engineering capabilities.

TCO is owned by Chevron (50%), KazMunayGas (20%), ExxonMobil (25%), and Lukoil (5%). Fluor, with $16.3 billion in revenue for 2024 and ranked 265 on the Fortune 500, has been active in Kazakhstan since 1982.

Hewlett Packard Enterprise (NYSE: HPE) has appointed Stacy Dillow as executive vice president and chief people officer (CPO), effective May 1, 2025. Dillow joins HPE from Fluor , where she served as executive vice president and Chief Human Resources Officer for over five years.

With nearly 30 years of experience across North America, Europe, and Asia, Dillow brings expertise in leading transformations. At Fluor, she focused on aligning HR with business success, fostering purpose-driven culture, and modernizing the company's brand. She holds a bachelor's degree in Chemical Engineering from the University of Colorado Boulder and previously worked at Unilever, managing supply chain transformation across Southeast Asia and Australia.

Dan Domenech, who has been serving as HPE's interim Chief People Officer, will continue as Chief Talent Officer, focusing on talent attraction and retention.