Fluor Corp Stock Price, News & Analysis

Fluor (NYSE: FLR) announced on October 9, 2025 it completed the sale of 15 million converted Class A shares of NuScale, generating $605 million net proceeds. The company said it expects to use existing tax attributes to limit cash taxes and intends to use a majority of proceeds to enhance its ongoing share repurchase program. Fluor continues to hold 111 million NuScale LLC Class B units and associated Class B shares, representing about 39% equity in NuScale. Fluor forecasts cash and equivalents ≈ $2.7 billion at quarter end, including $364 million from NuScale sales prior to quarter end. Full Q3 operational results and share repurchase details will be provided on November 7, 2025.

Fluor Corporation (NYSE: FLR) has scheduled its third quarter 2025 earnings conference call for November 7, 2025, at 8:30 a.m. Eastern. CEO Jim Breuer and CFO John Regan will host the call, with financial results to be released before market open.

The conference call will be accessible via webcast at investor.fluor.com and by telephone. Fluor, a global engineering and construction company with nearly 27,000 employees, reported revenue of $16.3 billion in 2024 and ranks 257 on the Fortune 500.

Fluor Corporation (NYSE: FLR) has secured a position on the Defense Threat Reduction Agency's (DTRA) Cooperative Threat Reduction Integrating Contract (CTRIC) IV. As one of six selected companies, Fluor can compete for task orders within a $3.5 billion contract ceiling over 10 years.

The contract focuses on providing chemical, biological, radiological, and nuclear threat reduction capabilities in partnership with other nations. Fluor, with $16.3 billion in 2024 revenue and nearly 27,000 employees, will leverage its century-long experience in managing complex projects globally to support DTRA's mission of countering weapons of mass destruction (WMD) threats.

Fluor Corporation (NYSE: FLR) has secured a three-year Logistics Support Services (LSS) contract from the U.S. Army's Regional Contracting Office in Bavaria. The contract extends Fluor's role in providing training and operations logistical support to U.S. and coalition forces of the 7th Army Training Command.

Fluor has been executing LSS predecessor contracts since 2016, building on its 65-year presence in Europe. The company supports Mission Rehearsal Exercises, Live Fire Exercises, and Field Training Exercises in the European Command's area of operations. In 2024, Fluor reported revenue of $16.3 billion and ranks 257 on the Fortune 500 list.

Fluor Corporation (NYSE: FLR) has acknowledged a Supreme Court of Queensland decision favoring Santos in a legal dispute over the Gladstone LNG project in Australia. The court's decision, issued on August 8, 2025, largely accepted the recommendations of court-appointed referees despite Fluor's objections.

The dispute, ongoing since 2016, concerns Santos' attempts to recover costs from a reimbursable project Fluor completed in 2015. While the final judgment is expected later in 2025, Fluor is reviewing the decision and considering an appeal. The company is also engaging with insurance carriers regarding potential obligations from the final judgment.

Fluor, which reported revenue of $16.3 billion in 2024, maintains that the contracting principles addressed in the court decision could have significant implications for the engineering and construction industry.

Fluor Corporation (NYSE: FLR) reported Q2 2025 results with significant challenges, leading to revised guidance. Revenue declined 6% year-over-year to $4.0 billion. While GAAP net earnings were $2.5 billion, this included $3.2 billion in pre-tax gains from NuScale investment. The company's operational performance faced headwinds with adjusted EBITDA falling 42% to $96 million, impacted by $54 million in cost growth from three infrastructure projects.

Q2 new awards totaled $1.8 billion, down 43% year-over-year, with backlog decreasing 13% to $28.2 billion. Due to client hesitation and economic uncertainty, Fluor revised its 2025 guidance downward, with adjusted EBITDA now expected at $475-525 million, down from previous $575-675 million.

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.