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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
05/20/201512:15:10What Is the S&P 500 Index?
05/11/201517:01:58Statement of Changes in Beneficial Ownership (4)
05/11/201517:01:31Statement of Changes in Beneficial Ownership (4)
05/11/201516:59:23Statement of Changes in Beneficial Ownership (4)
05/11/201516:58:04Statement of Changes in Beneficial Ownership (4)
05/11/201514:13:06Statement of Changes in Beneficial Ownership (4)
05/08/201506:22:00Consórcio Fluor obtém contrato de engenharia, aquisição e con...
05/07/201517:00:00Fluor Consortium Awarded Engineering, Procurement and Construction...
05/05/201518:24:34Statement of Changes in Beneficial Ownership (4)
05/05/201517:53:40Statement of Changes in Beneficial Ownership (4)
05/05/201517:50:12Statement of Changes in Beneficial Ownership (4)
05/05/201517:44:48Statement of Changes in Beneficial Ownership (4)
05/05/201517:42:13Statement of Changes in Beneficial Ownership (4)
05/05/201517:38:11Statement of Changes in Beneficial Ownership (4)
05/05/201517:35:28Statement of Changes in Beneficial Ownership (4)
05/05/201517:32:52Statement of Changes in Beneficial Ownership (4)
05/05/201517:32:52Statement of Changes in Beneficial Ownership (4)
05/05/201517:31:56Statement of Changes in Beneficial Ownership (4)
05/05/201517:22:19Statement of Changes in Beneficial Ownership (4)
05/01/201516:00:25Statement of Changes in Beneficial Ownership (4)

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