MarketPulse

reimbursable contracts

2 articles
The Motley FoolThe Motley Fool··Reuben Gregg Brewer

Fluor Stock Surge Raises Valuation Concerns Despite Strategic Pivot

Fluor shifts to stable reimbursable contracts (81% backlog), raises $1.35B via NuScale sale. Strong financial position tempered by stock's 100% five-year gain.
SMRFLRshare buybackscapital raising
The Motley FoolThe Motley Fool··Reuben Gregg Brewer

Fluor Corporation Restructures Portfolio Amid Strategic Capital Deployment

Fluor restructures toward reimbursable contracts and monetizes NuScale stake for $2B, strengthening balance sheet while remaining exposed to cyclical market conditions.
SMRFLRengineering and constructionreimbursable contracts