Fluor Corporation Stock Fair Value Calculator – Fluor Corporation Awarded $3 Billion in Contracts for Dow’s Net-Zero Facility in Canada
December 8, 2023
☀️Trending News
Fluor Corporation ($NYSE:FLR) has recently been awarded $3 billion in contracts from Dow Chemical Company for its forthcoming net-zero facility in Canada. This is the largest single award of its kind, demonstrating the company’s commitment to sustainable energy development. Throughout its history, the company has successfully delivered projects across all industries, from oil and gas to power and infrastructure. Fluor Corporation has a long track record of success in helping their clients achieve their sustainability goals.
For this project, the company will be responsible for engineering, procurement, construction, and commissioning of the net-zero facility. This includes designing systems for energy efficiency, water conservation, waste minimization, and renewable energy production. With this latest project, Fluor Corporation continues to demonstrate its commitment to sustainability and innovation in engineering.
Share Price
On Monday, Fluor Corporation, one of the world’s leading engineering and construction companies, announced that it had been awarded $3 billion in contracts by Dow Inc. to build its world-class net-zero facility in Canada. This facility is expected to be one of the most advanced petrochemical complexes globally and will be built to reduce GHG emissions and increase energy efficiency. The news of the contracts saw FLUOR CORPORATION stock open at $38.9 and close at $39.1, up by 0.2% from the previous closing price of 39.0. This marks a significant milestone for Fluor and its shareholders, with the company providing expertise and resources for a major investment in a zero-emissions project.
The facility is expected to be completed by 2023 and will be the first of its kind in the world, taking advantage of Dow’s advanced technology to reduce GHG emissions and increase energy efficiency. This project highlights Fluor’s commitment to helping its clients meet their sustainability goals, while providing the engineering and construction services necessary to make these ambitious projects a reality. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fluor Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 15.36k | 104 | 1.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fluor Corporation. More…
| Operations | Investing | Financing |
| -50 | -60 | 68 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fluor Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.16k | 5.14k | 11.05 |
Key Ratios Snapshot
Some of the financial key ratios for Fluor Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.5% | -28.0% | 2.6% |
| FCF Margin | ROE | ROA |
| -1.0% | 13.7% | 3.5% |
Analysis – Fluor Corporation Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of FLUOR CORPORATION‘s financials. Our proprietary Valuation Line indicates that the intrinsic value of a FLUOR CORPORATION share is around $24.8, yet the stock is currently trading at $39.1, overvalued by 57.8%. This suggests that the stock may be a good opportunity for short-term traders looking to capitalize on the mispricing in the market. More…
Peers
It is one of the largest engineering and construction companies in the world and competes with other major companies such as KBR Inc, Resource Development Group Ltd, and Jacobs Solutions Inc. These companies all provide similar services to Fluor Corp and often compete for the same projects.
– KBR Inc ($NYSE:KBR)
KBR Inc is a publicly traded engineering, construction, and services company based in Houston, Texas. It has been expanding its global presence and providing innovative solutions to clients around the world since the early 1900s. As of 2022, KBR Inc has a market cap of 7.01B and a Return on Equity of 14.53%. The company’s market cap is indicative of its financial strength and ability to generate returns for its shareholders. Its Return on Equity is an indication of the company’s ability to generate profits for shareholders relative to the amount of money invested by them. KBR Inc has a long history of providing high quality services to its customers and creating value for its shareholders.
– Resource Development Group Ltd ($ASX:RDG)
Resource Development Group Ltd is a diversified resources company with interests in the exploration and development of minerals, oil and gas, and other natural resources. The company has a market capitalisation of 155.8M as of 2022, making it a mid-sized player in the resources sector. Resource Development Group Ltd also has an impressive Return on Equity (ROE) of 3.69%, which is higher than the industry average and indicative of the company’s strong financial performance over the past few years.
– Jacobs Solutions Inc ($NYSE:J)
Jacobs Solutions Inc is a leading global provider of technology, engineering, and management solutions. The company has a market cap of 15.01 billion as of 2022, which is an indicator of its strong financial standing in the industry. Jacobs Solutions Inc is also performing well financially, as demonstrated by its Return on Equity of 10.18%. This suggests that the company is achieving a good return on its investments and is able to generate positive returns for its shareholders. Jacobs Solutions Inc has established itself as a leader in the industry due to its commitment to providing customers with quality solutions and services.
Summary
Fluor Corporation (FLR) is a leading global engineering, procurement, construction and maintenance company offering a wide range of services and products. Recently, the company won $3 billion of contracts for Dow Chemicals’ planned net-zero facility in Canada. In terms of investing, this contract win increases the visibility of Fluor’s backlog of projects, providing potential upside to the stock.
Additionally, analysts anticipate Fluor’s earnings to benefit from higher services volumes as well as an improvement in margins. Furthermore, the company’s strong balance sheet boosts its financial flexibility and gives it the ability to acquire new businesses or invest in attractive growth opportunities. Risk factors investors need to watch out for include potential environmental liabilities and client credit issues. Overall, Fluor is well-positioned to benefit from increased demand in the infrastructure and development sector.
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