Fluor Secures Major Contract with Centrus Energy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 11 2026
0mins
Should l Buy FLR?
Source: Benzinga
Fluor Corp's stock rose by 3.01% as it reached a 20-day high, reflecting positive investor sentiment following a significant contract announcement.
The company has secured a multi-year contract with Centrus Energy's subsidiary, American Centrifuge Operating, to expand its uranium enrichment facility in Ohio. This project, involving billions in investments, is expected to create over 1,300 jobs and strengthen Fluor's position in the U.S. uranium market, aligning with national energy security strategies. The contract highlights Fluor's capability in managing complex nuclear projects, ensuring it meets future energy demands.
This contract not only enhances Fluor's market position but also signals a robust demand for uranium enrichment services, which could lead to further growth opportunities in the energy sector.
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Analyst Views on FLR
Wall Street analysts forecast FLR stock price to rise
6 Analyst Rating
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 48.570
Low
40.00
Averages
49.25
High
57.00
Current: 48.570
Low
40.00
Averages
49.25
High
57.00
About FLR
Fluor Corporation is a holding company that provides engineering, procurement, construction (EPC), fabrication and modularization, and project management services. The Company's segments include Energy Solutions, Urban Solutions and Mission Solutions. The Energy Solutions segment provides EPC services for traditional oil and gas markets, including the production and fuels, chemicals, LNG and power markets. The segment serves these industries with comprehensive project life-cycle services. The Urban Solutions segment provides EPC and project management services to the advanced technologies and manufacturing, life sciences, mining and metals, infrastructure industries and professional staffing services. The Mission Solutions segment provides high-end technical solutions to the United States and other governments. These include, among others, the DOE, the Department of Defense, FEMA and intelligence agencies. The segment also provides services to commercial nuclear clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Decrease in New Awards: Fluor secured new awards totaling $1.127 billion in the quarter, significantly down from $2.308 billion in the prior-year period, suggesting challenges in market competitiveness that could impact future revenue growth.
- Cautious Future Outlook: The company established adjusted EBITDA guidance for 2026 in the range of $525 million to $585 million, and while planning to repurchase $1.4 billion in shares in 2026, it must remain vigilant regarding risks associated with tariffs, trade policies, and GAAP earnings volatility linked to NuScale fair value measurements.
See More
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- Financial Performance Overview: Fluor reported consolidated new awards totaling $12 billion for 2025, with a year-end backlog of $25.5 billion, of which 81% is reimbursable, indicating strong market demand and future growth potential for the company.
- Outlook for 2026: CFO John Regan set initial adjusted EBITDA guidance for 2026 in the range of $525 million to $585 million, with expectations for new awards to significantly exceed those of 2025, showcasing the company's optimistic outlook, particularly in LNG and nuclear projects.
- Risks and Challenges: Management noted the $643 million Santos charge's impact on revenue and cash flow volatility risks; however, they remain confident in project delivery and capital returns, emphasizing a continued focus on growth opportunities.
See More
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Reduction in Shareholding: The company has reduced its shareholding in FLRAP (FLRAP.US) and Fluor (FLR.US) by 71 million shares since February 13, 2026, with a total value of around $1.35 billion.
See More
