Fluor Corp is a global engineering and construction firm that provides a wide range of services to various industries, including oil and gas, infrastructure, government, and power. The company specializes in project management, engineering design, procurement, construction, and maintenance services, often overseeing large-scale projects that require a high level of technical expertise and coordination. Fluor aims to deliver innovative solutions that enhance safety, sustainability, and efficiency for its clients while navigating complex regulatory environments and leveraging advanced technologies. Through its extensive experience and comprehensive offerings, Fluor plays a crucial role in helping organizations realize their infrastructure and development goals. Read More
Starboard Value initiated a sizable position in Fluor, an engineering and construction firm tied to large industrial and energy projects. As investment in infrastructure, manufacturing, and energy facilities drives new project pipelines, investors are watching whether Fluor can convert that activity into steadier earnings.
Fluor Corporation (NYSE: FLR) today announced it has completed another significant milestone involving the sale of 71 million shares of NuScale Power Corporation (NYSE: SMR), generating gross sales proceeds of $1.35 billion. Fluor has begun efforts to monetize its remaining 40 million shares, which it expects to complete in the second quarter of 2026. Including the sales in 2025, the company has captured nearly $2 billion in total proceeds to date.
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