Fluor Corporation Valuation - August 2016 $FLR Fluor Corporation (NEW) is suitable for the Enterprising Investor but not the more conservative Defensive Investor. The Defensive Investor is concerned with the low current ratio, insufficient earnings growth over the last ten years.
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Qatar Petroleum and Shell are looking at early 2018 for the completion of the $6.5bn world-scale petrochemical project at Ras Laffan, whose front-end engineering and design contract was awarded to Fluor Corporation yesterday.
Fluor Corporation announced earlier today that the company has executed a contract with Qatar`s Public Works Authority (Ashghal) to provide program management and construction supervision services for the approximately $5 billion Sharq Crossing program - previously referred to as the Doha Bay Crossing program. A formal notice of award was received in January and the contract was recently signed by both parties