FLR

Orion Group Holdings, Inc. ORN entered 2026 with improving momentum after securing approximately $219 million of new awards and change orders during the first quarter of 2026. The new business lifted the total backlog to $668 million and reinforced management's confidence in achieving its full-year guidance. The key question for investors is whether these contract wins can translate into stronger revenue and profitability through the remainder of 2026.Orion booked roughly $219 million in new awards during the first quarter, spanning both its Marine and Concrete businesses. Marine wins included maintenance dredging, a road bridge project for the U.S. Army in Hawaii and a petroleum terminal expansion project. The Concrete segment secured multiple data center projects, and expanded site work and other commercial construction awards. The company's opportunity pipeline extends well beyond the current backlog. Orion estimates a record $24 billion pipeline supported by several structural demand drivers across both business segments.Another factor that could help convert new awards into stronger results is the acquisition of J.E. McAmis, completed in February 2026. The acquisition expands Orion's geographic presence across the Pacific Northwest, Alaska, Hawaii and Western Canada while adding specialized heavy civil, jetty, breakwater and environmental construction capabilities. It also strengthens Orion's fleet with additional Jones Act-qualified marine assets and broadens its exposure to large federal infrastructure projects. Management expects the acquisition to be accretive to adjusted EBITDA and margins as integration progresses.While Orion's outlook has improved, execution risks remain. The integration of J.E. McAmis adds operational complexity and contributed to higher first-quarter acquisition and integration costs. The company also increased borrowings to finance the acquisition, with total debt rising to approximately $72 million at the end of the first quarter. As with most construction companies, project timing, government funding, fixed-price contract execution and customer award schedules could influence how quickly backlog converts into revenue and profitability.Orion appears better positioned entering the remainder of 2026 than it was a year ago. Approximately $219 million of first-quarter awards, a growing $668 million backlog, expanding exposure to...

IRVING, Texas, July 01, 2026--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its second quarter ended June 30, 2026. The public is invited to listen to the conference call on Friday, August 7, 2026, at 8:30 a.m. Eastern with Chief Executive Officer Jim Breuer and Chief Financial Officer John Regan. Financial results will be released prior to the market open that day. The live webcast and a reply will be available with accompanying slides online at investor.fluor.com. The call will also be accessible by telephone at +1 833-461-5787 (U.S./Canada) or +1 585-542-9983. The conference ID is 315702289. A replay of the webcast will be available for 30 days. About Fluor CorporationFluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 23,500 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2025 and is ranked 292 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement, construction and maintenance services for more than a century. For more information, please visit www.fluor.com or follow Fluor on Facebook, Instagram, LinkedIn, X and YouTube. #corp View source version on businesswire.com: https://www.businesswire.com/news/home/20260701636369/en/ Contacts Brett TurnerMedia Relations864.281.6976 tel Jason LandkamerInvestor Relations469.398.7222 tel

NovaGold Resources Inc. NG used its second-quarter fiscal 2026 earnings call to emphasize the steady advancement of the Donlin Gold project, with management centering investor attention on feasibility study execution and long-term development visibility. The company reported results broadly in line with expectations while continuing to prioritize project advancement over near-term earnings performance. Executives underscored improving technical momentum at Donlin Gold and reaffirmed confidence in funding capacity to support near-term milestones. At the same time, rising project spending and equity dilution effects continue to shape the financial profile as the asset moves deeper into development. President and CEO Greg Lang highlighted continued progress on the Donlin Gold bankable feasibility study, noting coordinated work across Fluor, WSP, Worley and Hatch. Management described advancing integration of major engineering packages across power, pipeline and processing infrastructure. Lang emphasized that the study remains on track for completion in the first half of 2027, reinforcing the multi-year development timeline. The focus remains on disciplined engineering execution rather than near-term production decisions. The company also pointed to ongoing geotechnical drilling and materials analysis supporting infrastructure planning. These activities are aimed at de-risking design elements ahead of final study completion. Chief financial officer Peter Adamek stated that NovaGold ended the quarter with approximately $370.2 million in cash and term deposits. Management reiterated that liquidity is sufficient to complete the feasibility study and support general corporate needs for at least the next 12 months. The company also expects to retain flexibility to prepay its Barrick promissory note later in 2026. That obligation remains a key balance sheet consideration, though management highlighted optionality under amended terms. Capital deployment continues to be directed primarily toward Donlin funding requirements, which totaled $16.3 million in the quarter. The increase reflects both expanded ownership exposure and intensified study activity. NovaGold reported a second-quarter 2026 net loss of $25.5 million, or $0.06 per share, in line with the Zacks Consensus Estimate. Results reflected higher operating costs tied to project advancement rather than operationa...

Bankable Feasibility Study (BFS) engineering integration advances: Fluor Corporation (“Fluor”), as lead engineering firm, continues to integrate major work packages and coordinate technical workstreams with specialist contractors WSP USA, Inc. (“WSP”), Worley Alaska, Inc. (“Worley”), and Hatch Ltd. (“Hatch”) supporting the Donlin Gold project’s ongoing BFS update. Robust treasury: Ended quarter with approximately $370.2 million in cash and term deposits — a strong financial position to advance the Donlin Gold project. VANCOUVER, British Columbia, June 24, 2026 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) today filed its 2026 second quarter report and provided an update on its Tier One1 gold development project, Donlin Gold, which is owned 60% by NOVAGOLD and 40% by Donlin Gold Holdings (DGH), 100% wholly-owned by Paulson Advisers LLC (“Paulson”) and its affiliates. Details of the financial results for the quarter ended May 31, 2026 are presented in the consolidated financial statements and quarterly report on Form 10-Q filed on June 24, 2026, that is available on the Company’s website at www.novagold.com, on SEDAR+ at www.sedarplus.ca, and on EDGAR at www.sec.gov. All amounts are in thousands of U.S. dollars unless otherwise stated. As detailed in the above-mentioned filings, NOVAGOLD held approximately $370.2 million in cash and term deposits as of May 31, 2026, and reported net second quarter operational cash expenditures of $22.7 million — corresponding to $16.3 million to fund NOVAGOLD’s share of the Donlin Gold project and $6.4 million in corporate general and administrative costs. As NOVAGOLD is a development-stage company with no production, the Company reported earnings of ($25.5) million and earnings per share of ($0.06) for the second fiscal quarter of 2026. NOVAGOLD’s results for this quarter reflect higher expenditures at Donlin Gold due to ongoing 2026 activities by Fluor, WSP, Worley and Hatch to advance Donlin Gold’s BFS update, as well as the Company’s share of Donlin Gold expenditures increasing by 10% to 60% starting in the third quarter of 2025. General and administrative expenses increased in the second quarter of 2026 primarily due to higher professional fees, share-based compensation and employee compensation. President’s Message Integrated Engineering and Strategic Recruitment Advan...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Fluor (FLR) has seen mixed share performance recently, with the stock down about 14% over the past month and roughly 6% over the past 3 months, prompting fresh investor attention. See our latest analysis for Fluor. Despite the recent 1-month share price return declining 13.66% and the 3-month share price return falling 6.23%, Fluor’s year to date share price return of 9.74% and 5-year total shareholder return of 126.98% point to longer term momentum that remains intact. If this kind of construction and infrastructure exposure has your attention, it can be useful to widen your watchlist with companies tied to grid upgrades and electrification using our 33 power grid technology and infrastructure stocks With Fluor shares down in the short term but still showing positive multi year returns and trading about 11% below the average analyst price target, you have to ask: is there value left here, or is the market already pricing in future growth? Fluor’s most followed narrative pegs fair value at $53.50 per share, above the last close at $45.76, which puts the current discount into focus. Read the complete narrative. Want to see what sits behind that valuation gap? The narrative leans heavily on booked work, margin rebuild, and a punchy earnings profile a few years out. Result: Fair Value of $53.50 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, you still need to weigh up issues like project delays that can push out revenue timing and foreign exchange swings that can erode project margins. Find out about the key risks to this Fluor narrative. The analyst narrative leans on earnings and a fair value of $53.50 per share, but the SWS DCF model tells a sharper story, with a future cash flow value of $17.81 compared with the current $45.76 share price. On that basis, Fluor screens as expensive rather than undervalued. Which signal do you trust more, the earnings path or the cash flows? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Fluor for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our...

Image source: The Motley Fool. May 8, 2026 at 8:30 a.m. ET Chief Executive Officer — James Breuer Chief Financial Officer — John Regan James Breuer: Thank you, Jason. Good morning, everyone. Thank you for joining us on our first quarter 2026 earnings call. Before I discuss the quarter, I want to highlight the strong trajectory we are seeing in our prospect pipeline and our capacity to grow the business. Turning to Slide 3. At Fluor, we're driven by the pursuit and capture of large and complex EPC projects. We apply our core competencies to project management and EPC execution to deliver world-class facilities globally. What differentiates us is not simply the scale of the projects we pursue, but the discipline with which we pursue them and the depth of our technical expertise and project delivery track record. We're focused on building a quality backlog where rigor in planning and execution translate into successful outcomes. Our preferred model for project execution is to get in early in the planning phase and stay until the end of the execution phase. This is how we add the most value. And therefore, it is very encouraging to see the many front-end awards that we have announced in recent months. These early wins are a key stepping stone to accelerate growth in the latter part of this year and into 2027. During the front-end phase, we work with our clients to plan the project and establish a solid foundation for the scope, cost and schedule of the execution phase, which kicks off after the final investment decision by the customer. The early engagement is where we shape the commercial model and ensure projects are set up for success before significant capital is deployed. Some of these early awards that we announced recently include the Centrus Nuclear Fuels Enrichment project, the small modular reactor project for Dow with X-energy, the America First Refinery, the Donlin Gold project, the Terra Wolf Data Center and our announcement yesterday for Anglo American's Woodsmith fertilizer project. With these recent awards and the study work that we already have in-house, we're executing front-end work representing over $60 billion of revenue on potential backlog if clients choose to move forward on these projects with Fluor. Furthermore, we're tracking additional prospects, representing another $40 billion in potential over the next 3 years. Our prospect pipelin...

The market wasn't impressed with the soft earnings from Fluor Corporation (NYSE:FLR) recently. We did some analysis, and found that there are some reasons to be cautious about the headline numbers. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. One key financial ratio used to measure how well a company converts its profit to free cash flow (FCF) is the accrual ratio. The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. The ratio shows us how much a company's profit exceeds its FCF. Therefore, it's actually considered a good thing when a company has a negative accrual ratio, but a bad thing if its accrual ratio is positive. While it's not a problem to have a positive accrual ratio, indicating a certain level of non-cash profits, a high accrual ratio is arguably a bad thing, because it indicates paper profits are not matched by cash flow. That's because some academic studies have suggested that high accruals ratios tend to lead to lower profit or less profit growth. Over the twelve months to March 2026, Fluor recorded an accrual ratio of 0.30. Unfortunately, that means its free cash flow was a lot less than its statutory profit, which makes us doubt the utility of profit as a guide. Even though it reported a profit of US$350.0m, a look at free cash flow indicates it actually burnt through US$41m in the last year. We saw that FCF was US$512m a year ago though, so Fluor has at least been able to generate positive FCF in the past. However, that's not all there is to consider. The accrual ratio is reflecting the impact of unusual items on statutory profit, at least in part. Check out our latest analysis for Fluor That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. The fact that the company had unusual items boosting profit by US$75m, in the last year, probably goes some way to explain why its accrual ratio was so weak. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. When...

Fluor Corporation FLR delivered a weak first quarter of 2026, with adjusted earnings and revenues missing the Zacks Consensus Estimate and declining on a year-over-year basis. Fluor's first-quarter results were pressured by an adverse legal ruling tied to legacy Afghanistan-related work, which resulted in a meaningful charge during the quarter. The Urban Solutions segment faced a setback as declining field productivity on a mining project in the Americas led to higher expected completion costs and a related charge. Results were further weighed down by higher corporate general and administrative expenses, mainly due to stock-based compensation linked to share price appreciation. Geopolitical uncertainty also slowed development on a major project in Pakistan and remains a risk to supply chains and client capital spending. However, performance was supported by proceeds from the China fabrication yard sale and the monetization of its remaining stake in NuScale Power. Higher profits in Energy Solutions, driven by favorable project closeouts and improved project selectivity, with stronger margins on new awards, also supported results. Following the results, shares of FLR declined 15.2% during trading hours on Friday. The company reported adjusted earnings per share (EPS) of 14 cents, missing the Zacks Consensus Estimate of 66 cents by 78.8%. In the year-ago quarter, it reported an adjusted EPS of 73 cents. Fluor Corporation price-consensus-eps-surprise-chart | Fluor Corporation Quote Revenues were $3.66 billion, down 8% year over year and 3.6% shy of the consensus mark of $3.8 billion. Operationally, results were weighed by a sizeable litigation-related charge and cost growth on a mining project. Still, Fluor ended the quarter with a backlog of $25.7 billion, 82% of which was reimbursable, underscoring its continued bias toward risk-mitigated contracting. Urban Solutions generated revenues of $2.44 billion, up 13% year over year, but segment profit slid to $6 million after a $37 million impact tied to a fixed-price mining project in the Americas. Urban Solutions posted $2.1 billion of new awards in the quarter, including a metals project in the Middle East, incremental work on a pharmaceutical facility and an infrastructure expansion for a mining facility in Chile. The ending backlog for the segment was $19 billion, representing 74% of the total company backlog. E...

Interested in Fluor Corporation? Here are five stocks we like better. Fluor’s pipeline is expanding, with management saying it is executing front-end work tied to more than $60 billion of potential backlog and tracking another $40 billion in prospects over the next three years. The company said its prospect pipeline is up 50% over the past 12 months. Quarterly results were weighed down by one-time issues, including a $37 million mining project charge and a $96 million legal impact tied to a long-running Afghanistan lawsuit. Despite that, backlog edged up to $25.7 billion and new awards totaled $2.7 billion. Fluor narrowed full-year guidance for adjusted EBITDA to $525 million-$560 million, citing the mining charge, while warning that Middle East conflict could disrupt supply chains, inflation, and client spending if tensions persist. The company also said it expects about $1.4 billion in share buybacks in 2026. Insider Trades: Nike Sees More CEO Buys, Aehr Sold on 300% Gain Fluor (NYSE:FLR) reported first-quarter 2026 results that management said reflected a growing pipeline of potential work but also included several discrete items, including a legal charge tied to past government services work and a cost increase on a mining project in the Americas. Chief Executive Officer Jim Breuer said the company is seeing “a strong trajectory” in its prospect pipeline and remains focused on pursuing large and complex engineering, procurement and construction projects where it can engage early in the planning phase and remain involved through execution. → Wells Fargo’s Comeback Is Real—But Not Risk-Free Is NuScale's Plunge the Ultimate AI Contrarian Play? Breuer said Fluor is currently executing front-end work that represents more than $60 billion of potential backlog if clients decide to move forward with the company. He also said Fluor is tracking an additional $40 billion in prospects over the next three years, with the overall prospect pipeline up 50% over the past 12 months. “Growth alone is not the objective,” Breuer said. “We are prioritizing backlog quality that aligns with our strategic priorities and with our strengths.” → Rocket Lab Posts Record Q1 Revenue, Raises Q2 Guidance 3 Industrial Names That Will Benefit from Rising CapEx in 2026 Fluor reported consolidated new awards of $2.7 billion in the quarter, 98% of which were reimbursable. Breuer said larger...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. With no single headline event driving Fluor (FLR) into focus, investors may be looking at the stock’s recent returns and fundamentals to reassess how this engineering and construction company fits into a diversified portfolio. Fluor has a market capitalization of about US$7.8b and provides engineering, procurement, construction, fabrication, modularization, and project management services across three segments: Urban Solutions, Energy Solutions, and Mission Solutions. Over the past month, the stock shows a return of about 7%, with roughly 9% over the past 3 months and around 22% year to date. The 1 year total return stands near 43%, while the 3 year and 5 year total returns are described as very large on this data. The company reports annual revenue of about US$15.5b and a net income loss of US$51 million. On a segment basis, Urban Solutions contributes roughly US$9.2b of revenue, Energy Solutions about US$3.6b, and Mission Solutions around US$2.7b, with a small amount from other activities. Fluor’s operations are largely tied to North America, which accounts for about US$11.3b of revenue, followed by Europe at roughly US$2.9b, and smaller contributions from Central and South America, Asia Pacific, and the Middle East and Africa. Recent annual figures show revenue growth of about 6% and net income growth of roughly 27%. The stock closed at US$51.08 and, on this data, is assigned a value score of 3, which some investors may use as one input when comparing it with other capital goods stocks. See our latest analysis for Fluor. Fluor’s recent 1 day share price return of about a 6% decline and 7 day share price return of roughly a 4% decline sit against a stronger backdrop, with a 30 day share price return of about 7% and a 1 year total shareholder return of around 43%. This suggests longer term momentum remains positive even after short term volatility. If Fluor’s mix of engineering, construction, and energy transition projects has your attention, it can be useful to see what else is moving across infrastructure linked opportunities using 36 power grid technology and infrastructure stocks So with the stock trading near US$51 against analyst targets around US$53.50, improving revenue and net income figures, and a mid range value score, is there still...

Fluor (FLR) reported weaker-than-expected first-quarter results on Friday while the engineering and

Fluor Corporation (NYSE:FLR) shares dropped 5.05% in premarket trading on Friday after the engineering and construction company reported weaker-than-expected first-quarter results and tightened its full-year outlook. The company posted adjusted earnings per share of $0.14 for the quarter, significantly below analyst forecasts of $0.61 per share. Quarterly revenue came in at $3.6 billion, missing Wall Street estimates of $3.9 billion and declining 8% from $4.0 billion recorded in the same period last year. Fluor said results were impacted by rising project costs and delays tied to geopolitical conditions. Fluor revised its full-year adjusted EBITDA guidance to a range between $525 million and $560 million. The updated outlook compares with the company’s previous forecast range of $525 million to $585 million. The midpoint of the revised guidance, $542.5 million, is below the prior midpoint of $555 million. Management said the adjustment reflected higher costs associated with a mining project in the Americas as well as a temporary slowdown affecting another project linked to geopolitical tensions in the Middle East. Despite the weaker adjusted earnings performance, Fluor reported GAAP net earnings attributable to the company of $160 million, or $1.08 per share. That compares with a loss of $241 million reported during the prior-year period. Operating cash flow reached $110 million during the quarter, representing the company’s strongest first-quarter cash generation performance in nine years. In the same period last year, operating cash flow was negative $286 million. “I am encouraged by the significant number of new awards we secured in recent months across diverse markets, including gas-fueled and nuclear power, refining, data centers, mining, and uranium enrichment,” said Jim Breuer, Chief Executive Officer. New contract awards totalled $2.7 billion during the quarter, down 54% from a year earlier. However, Fluor noted that 98% of the new awards were structured as reimbursable contracts. The company ended the quarter with backlog valued at $25.7 billion, of which 82% consisted of reimbursable work. During the quarter, Fluor completed $516 million in share repurchases and said it remains on track to target $1.4 billion in buybacks during 2026. The company also confirmed it completed the sale of its investment in NuScale in April 2026. According to Fluor, the...