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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;

Stock News for Fluor (FLR)
10/09/201517:03:59Amended Statement of Ownership (sc 13g/a)
10/05/201517:54:19Statement of Changes in Beneficial Ownership (4)
10/05/201517:52:59Statement of Changes in Beneficial Ownership (4)
10/05/201517:50:43Statement of Changes in Beneficial Ownership (4)
10/05/201517:48:56Statement of Changes in Beneficial Ownership (4)
10/05/201517:47:01Statement of Changes in Beneficial Ownership (4)
10/05/201517:44:39Statement of Changes in Beneficial Ownership (4)
10/05/201517:40:14Statement of Changes in Beneficial Ownership (4)
10/01/201509:00:00Fluor Corporation to Hold Third Quarter Earnings Conference Call
09/28/201519:18:00Fluor es Seleccionado como Socio de Colaboración de Sasol en...
09/28/201518:50:00Fluor viene selezionata come partner di Sasol per progetti collaborativi...
09/28/201518:45:00Fluor é escolhida como parceira de colaboração da Sasol na Áf...
09/28/201518:43:00Fluor von Sasol als Kooperationspartner in Südafrika ausgewählt
09/28/201518:41:00Fluor est choisi comme partenaire de collaboration de Sasol en...
09/28/201509:07:00Fluor Selected as Sasol’s Collaboration Partner in South Africa
09/22/201516:09:00Fluor Makes Dow Jones Sustainability Index
09/16/201516:04:00Fluor Awarded FEMA Contract to Support Disaster-Related Operations...
09/14/201508:30:00Stocks Coverage on the Industrial Goods Sector -- CEMEX, Hovnanian...
09/10/201508:04:00Fluor Project Selected as 2015 Global Best by Engineering News-Record

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