Topic: How To Invest

Q: I’m interested in your opinion on Fluor Corp., trading on New York. Thank you.

Article Excerpt

A: Fluor Corp., $40.53, symbol FLR on New York (Shares outstanding: 170.2 million; Market cap: $7.0 billion; www.fluor.com), is a global provider of engineering, procurement and construction (EPC) services, an off-site fabricator of building components, and a project manager. The company operates through three principal business segments: Energy Solutions, Urban Solutions, and Mission Solutions. The Energy Solutions segment provides EPC services for the oil and gas, fuels, chemicals, liquefied natural gas and power markets. The Urban Solutions segment provides a variety of services, such as consulting, program management and EPC services, to several markets–advanced technologies and manufacturing, healthcare, mining and metals, infrastructure, and project staffing. The Mission Solutions segment provides high-end technical services to the U.S. and other governments. These include nuclear security and operations, as well as operations, maintenance, and other services in the areas of defence and intelligence. Fluor is part of a joint venture that was recently selected by the U.S. Department of Energy to execute the Hanford Integrated Tank Disposition contract. The joint venture,…