Jacobs Engr Group Inc Stock Price, News & Analysis

Jacobs (NYSE: J) is set to announce its fiscal second quarter 2022 earnings results on May 3, 2022, before market opening. A conference call will follow at 10:00 a.m. ET, providing insights into the company's performance and operational trends. Jacobs, with a revenue of $14 billion and around 55,000 employees, offers a wide range of services in consulting, technical, scientific, and project delivery for governmental and private sectors. Interested investors can access the call via a webcast on the Jacobs website.

Jacobs (NYSE:J) has been chosen by PUB, Singapore's National Water Agency, to design and oversee the Changi NEWater Factory 3 (CNF3), a state-of-the-art water reclamation plant set to enhance Singapore's water security. CNF3 will feature innovative Membrane Bioreactor (MBR) technology and ROTEC's reverse osmosis flow reversal (FR-RO) technology, boosting NEWater recovery rates from 75% to 90%. The plant's construction is slated for 2022 completion, further solidifying Jacobs' commitment to sustainable water solutions. This aligns with Jacobs' previous projects, including the Changi WRP Phase 1.

Jacobs (NYSE:J) has been selected, along with General Electric and Westinghouse, for the preliminary phase of life extension work at the Sizewell B nuclear power station in the U.K. This initiative is part of a Long-Term Operation program aimed at extending the plant's lifespan by 20 years to 2055.

The first phase, estimated at $14 million, focuses on scoping and cost-benefit analysis to support a final investment decision by 2024. Sizewell B is a key asset in the U.K.'s energy infrastructure, contributing to significant zero carbon electricity generation.

Jacobs (NYSE:J) has been appointed by Singapore's PUB, the National Water Agency, to develop new greasy waste and food waste treatment facilities at the Changi Water Reclamation Plant. These facilities aim to enhance Singapore's waste treatment capabilities by co-digesting various waste types, thus maximizing biogas yield for electricity generation and reducing carbon emissions. The project is expected to double the greasy waste treatment capacity by 2025, with the GWTF treating 12,000 cubic meters of waste monthly. This initiative is part of Jacobs' commitment to sustainable engineering solutions.

Electreon, a leader in wireless EV charging, reported a significant breakthrough year in 2021, expanding its commercial projects in the US, Europe, and Israel. The company achieved a cash balance of 124 million ILS ($39 million) and increased its staff by 130%. Electreon secured its largest wireless EV charging contract with the Dan Bus Company in Israel, introducing its Charging-as-a-Service model. The company focused heavily on R&D, investing 14 million ILS ($4.4 million) to prepare for upcoming projects, amidst a growing demand for Electric Road Systems (ERS).

Jacobs (NYSE:J) has entered a three-year agreement with Intelinair to enhance agricultural technology. This partnership, effective from 2022 to 2024, aims to integrate Jacobs' advanced aerial imagery and multispectral sensor systems with Intelinair's AI-driven AGMRI platform. The collaboration will provide comprehensive crop insights, supporting sustainability efforts and market expansion. Jacobs has doubled its service capacity since 2021, further emphasizing its commitment to digital solutions in agriculture. Financial specifics of the agreement remain undisclosed.

Jacobs (NYSE:J) has been awarded a contract by Empire Offshore Wind for the detailed design of the South Brooklyn Marine Terminal (SBMT). This terminal will serve as a key operations and maintenance hub for offshore wind farms off Long Island. The redevelopment of over 70 acres will boost clean energy production and reduce carbon emissions, providing energy to over two million homes. Construction is expected to start in the second half of 2023, supporting local job creation in the renewable energy sector.