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Fluor Gets $3.5 Billion Contract For Work On Liquefied Gas Project

DOW JONES NEWSWIRES Fluor Corp. (FLR) said Australia's Santos Ltd. (STO.AU, SSLTY) awarded it a $3.5 billion engineering, procurement and construction contract on a liquefied natural gas project in the country's Queensland state. The deal is a promising sign for the engineering and construction company, which was mostly resilient during the downturn but had suffered in recent quarters with sagging results at its oil-and-gas business. In November, it reported it swung to a third-quarter loss on charges, though revenue rose unexpectedly. Fluor said Tuesday it booked $3.5 billion in the fourth quarter for the contract related to Santos' Gladstone project, which will extract and liquefy gas from coal deposits for export to Asia and other global markets. Fluor shares closed Friday at $71.19 and were inactive in recent premarket trading. Through the latest close, the stock was up 45% over the past year. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com

Stock News for Fluor (FLR)
DateTimeHeadline
02/04/201615:04:00Fluor Corporation Announces Quarterly Dividend
01/26/201614:12:06Amended Statement of Ownership (sc 13g/a)
01/15/201610:20:58Amended Statement of Ownership (sc 13g/a)
01/13/201616:17:00Fluor Named Best Company for Leaders by Chief Executive Magazine
01/12/201609:00:00Fluor Corporation to Hold Fourth Quarter Earnings Conference...
01/11/201619:58:00ICA Fluor Construirá una Refinería de 1000 Millones de USD en...
01/11/201607:38:00ICA Fluor to Build $1 Billion Refining Facility in Mexico
01/11/201607:00:00ICA Fluor to Build a US$1 Billion Dollar Refining Facility in...
01/07/201618:08:22Statement of Changes in Beneficial Ownership (4)
01/07/201618:05:52Statement of Changes in Beneficial Ownership (4)
01/07/201618:03:34Statement of Changes in Beneficial Ownership (4)
01/07/201618:01:50Statement of Changes in Beneficial Ownership (4)
01/07/201618:00:27Statement of Changes in Beneficial Ownership (4)
01/07/201617:57:31Statement of Changes in Beneficial Ownership (4)
01/07/201617:47:33Statement of Changes in Beneficial Ownership (4)
01/05/201608:32:00Fluor-Led Joint Venture Selected as Preferred Developer for Loop...
01/04/201609:00:00CORRECTING & REPLACING Fluor Corp. Awarded Contract by Westinghouse...
01/04/201608:10:00Fluor Corporation Awarded Contract by Westinghouse Electric Company...
12/09/201510:40:12Current Report Filing (8-k)
12/08/201500:01:00Fluor stimmt der Erwerbung der Stork Holding B.V. zu - eines...

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