Fluor shares should be bought at current levels, says Sterne Agee Sterne Agee expects Fluor to benefit from significant petrochemical activity in the U.S. The firm maintains a $75 target and Buy rating on the stock.
News For FLR From The Last 14 Days
Check below for free stories on FLR the last two weeks.
Fluor awarded $185M contract for Sharq Crossing program in Qatar Fluor announced that the company executed a contract with Qatar's Public Works Authority to provide program management and construction supervision services for the approximately $5B Sharq Crossing program - previously referred to as the Doha Bay Crossing program. A formal notice of award was received in January and the contract was recently signed by both parties. The approximately $185M contract will be booked in Fluor's Q2.
Fluor reaches settlement covering all outstanding issues on Greater Gabbard Fluor announced today that the company and Greater Gabbard Offshore Winds have reached a settlement on all outstanding claims related to the construction of the Greater Gabbard offshore wind farm project located off the coast of Suffolk, England. Financial terms of the settlement will not be disclosed and there is no material financial impact to Fluor. The agreement fully resolves all disputes and concludes Fluor's involvement in the project.