About the Company
Fluor Corporation is an American multinational engineering and construction firm, headquartered in Irving, Texas. It is a holding company that provides services through its subsidiaries in three main areas: oil and gas, industrial and infrastructure, government and power. It is the largest publicly traded engineering and construction company in the Fortune 500 rankings and is listed as 259th overall.Fluor was founded in 1912 by John Simon Fluor as Fluor Construction Company. It grew quickly, predominantly by building oil refineries, pipelines, and other facilities for the oil and gas industry, at first in California, and then in the Middle East and globally. In the late 1960s, it began diversifying into oil drilling, coal mining and other raw materials like lead. A global recession in the oil and gas industry and losses from its mining operation led to restructuring and layoffs in the 1980s. Fluor sold its oil operations and diversified its construction work into a broader range of services and industries. In the 1990s, Fluor introduced new services like equipment rentals and staffing. Nuclear waste cleanup projects and other environmental work became a significant portion of Fluor's revenues. The company also did projects related to the Manhattan Project, rebuilding after the Iraq War, recovering from Hurricane Katrina and building the Trans-Alaska Pipeline System.
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Latest $FLR News
Fluor: Reiterating 'Buy' Rating Due To Growing Reimbursable Backlog And Robust Pipeline
Fluor's bullish forward-looking fundamentals suggest continued growth potential. Find out why we are reiterating our 'Buy' ...
Fluor (FLR) Receives $409M Task Order Under the US AFCAP V
Fluor (FLR) boosts backlog with a new task order contract under the U.S. Air Force Contract Augmentation Program V for Tinian ...
The Atomic Bombs Dropped on Japan Took Off from Tinian. Now Irving-Based Fluor Is Getting $409M To Help Make It a Stronghold Again
Nearly 80 years after two B-29s took off from Tinian and hastened the end of World War II, geopolitical tensions have put the ...
Fluor Awarded U.S. Air Force Contract Augmentation Program V Task Order for Tinian
Fluor Corporation (NYSE: FLR) announced today that the U.S. Air Force Installation Contracting Agency awarded the company a ...
Local company to build carbon capture plant at U.S. Steel facility
A local startup is preparing to build a carbon capture plant at one of the largest integrated steel mills in North America.
Noble Corp. will leave Sugar Land for west Houston
Noble Corporation PLC (NYSE: NE) is leaving Sugar Land after 20 years and moving its headquarters to west Houston. The ...
Fluor Stock (NYSE:FLR), Analyst Ratings, Price Targets, Predictions
There is no last downgrade for Fluor.
Robust Backlog Growth Aids Fluor (FLR), Project Delays Hurt
Fluor Corporation FLR is benefiting from robust demand for its engineering and construction solutions, which is reflected in its new award wins and backlog growth. Also, its diversified business ...
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