$45.40
0.15 (+0.33%)
Fluor Corp (NEW) (FLR)
CAPS Rating:
The company provides professional services on a global basis in the fields of engineering, procurement, construction and maintenance services. It has five operating segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power.
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Energy cutbacks announced (500,000) less barrels daily by OPEC simply highlights the necessity for self sufficiency in oil, gas and nuclear developement. Fluor is the largest developer of the above, and will only derive more and more business in this goal during the next 2-4 years.