Fluor shares should be bought at current levels, says Sterne Agee Sterne Agee believes that Fluor reported strong Q4 results and the firm thinks the company can perform well going forward. It maintains a Buy rating.
Fluor starts construction activities on coker unit for ExxonMobil Fluor has started construction activities on a new delayed coker unit for ExxonMobil Petroleum & Chemical BVBA at its Antwerp, Belgian refinery. Construction on the project, which will expand the refinery’s production capabilities, formally kicked off at a groundbreaking ceremony in October. Engineering and design work for the project began in June and is being led by Fluor’s office in the Netherlands. Fluor booked the project into backlog for an undisclosed value earlier in 2014.