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Fluor posts drop in Q1 awards, revenue
Construction Dive96d agobearish
Fluor posts drop in Q1 awards, revenue

The drop in bookings reflects timing rather than demand, CEO Jim Breuer said, with  stronger performance expected in the second half.

Fluor’s Exit Reshapes NuScale’s Funding Outlook And Project Execution Path
Simply Wall St.97d agoneutral
Fluor’s Exit Reshapes NuScale’s Funding Outlook And Project Execution Path

Fluor has fully exited its equity position in NuScale Power (NYSE:SMR), moving from majority owner to preferred EPC partner. The exit marks a shift from long-term anchor shareholder to commercial contractor, with Fluor reporting a significant profit on its investment. This change reshapes NuScale's governance setup and shareholder mix while preserving an important project delivery relationship. NuScale Power focuses on small modular reactor technology, a segment that sits at the...

Fluor Reshapes Risk With Reimbursable Model And NuScale-Funded Buyback
Simply Wall St.107d agobullish
Fluor Reshapes Risk With Reimbursable Model And NuScale-Funded Buyback

Fluor (NYSE:FLR) is shifting its core business toward a capital efficient reimbursable services model. The company is backing this move with a substantial share repurchase program. Fluor plans to fund a significant part of the buyback through the sale of its stake in NuScale. Fluor sits at the intersection of engineering, procurement and construction services, a space where contract structure can have a major impact on earnings stability. Moving away from large fixed price projects toward...

Is Fluor Corporation (FLR) A Good Stock To Buy Now?
Insider Monkey111d agobullish
Is Fluor Corporation (FLR) A Good Stock To Buy Now?

Is FLR a good stock to buy? We came across a bullish thesis on Fluor Corporation on ARMR Report Be The Smart Money’s Substack by Bret Rosenthal. In this article, we will summarize the bulls’ thesis on FLR. Fluor Corporation’s share was trading at $47.14 as of April 21st. FLR’s trailing and forward P/E were 2.71 and […]

Centrus Energy Advances Piketon Expansion As HALEU Execution Risk Sharpens
Simply Wall St.113d agoneutral
Centrus Energy Advances Piketon Expansion As HALEU Execution Risk Sharpens

Centrus Energy (NYSE:LEU) has engaged Geiger Brothers as construction contractor for an expansion of its uranium enrichment plant in Ohio. The project is focused on increasing capacity for High Assay Low Enriched Uranium (HALEU) and Low Enriched Uranium (LEU) production. Fluor Corporation will continue to provide engineering oversight for the facility expansion. Centrus Energy, a nuclear fuel supplier trading under ticker NYSE:LEU, is moving its Ohio enrichment project into a more...