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KBR Inc (KBR.N)

KBR.N on New York Stock Exchange

14.05USD
28 Apr 2017
Change (% chg)

$-1.43 (-9.24%)
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Latest Key Developments (Source: Significant Developments)

KBR conducting internal investigation; cooperating with DOJ, SEC, and SFO
Friday, 28 Apr 2017 06:44pm EDT 

April 28 (Reuters) - Kbr Inc :Kbr statement on SFO investigation.Kbr is conducting its own internal investigation as well as cooperating with DOJ, SEC, and SFO in their investigations.  Full Article

Britain's SFO opens investigation into UK units of KBR
Friday, 28 Apr 2017 11:44am EDT 

April 28 (Reuters) - Kbr Inc :Britain's serious fraud office says opens investigation into uk subsidiaries of kbr, in relation to ongoing investigation into unaoil.  Full Article

KBR Inc Q1 earnings per share $0.26
Friday, 28 Apr 2017 06:00am EDT 

April 28 (Reuters) - Kbr Inc :KBR announces first quarter 2017 financial results.Reaffirms FY 2017 adjusted earnings per share view $1.10 to $1.40.Q1 revenue rose 11 percent to $1.1 billion.Q1 earnings per share $0.26.KBR Inc says estimate for operating cash flows will range from $100 - $200 million for 2017.Q1 earnings per share view $0.29, revenue view $1.12 billion -- Thomson Reuters I/B/E/S.KBR Inc - Pemex settlement completed and cash collected in April; to be recorded in Q2 2017.Says Q1 revenue up driven by recent acquisitions in government services segment and organic growth from contracts with U.S. Military.FY2017 earnings per share view $1.27 -- Thomson Reuters I/B/E/S.KBR Inc - KBR backlog decreased from $10.9 billion as of December 31, 2016 to $10.6 billion as of March 31, 2017.  Full Article

KBR awarded contract by PT Chevron Pacific Indonesia
Wednesday, 19 Apr 2017 05:54am EDT 

April 19 (Reuters) - Chevron Corp :KBR - awarded contract by PT Chevron Pacific Indonesia for engineering, construction management services for Chevron's operating fields in Sumatra.KBR Inc - revenue associated with project was undisclosed.KBR Inc - revenue associated with project will be booked into backlog of unfilled orders for co's engineering & construction business segment in Q2.  Full Article

KBR executes global master contract with Chevron
Thursday, 13 Apr 2017 05:56am EDT 

KBR Inc : KBR executes global master contract with Chevron . KBR Inc - Signed a multi-phase ten-year engineering and procurement services master contract with Chevron U.S.A. Inc .KBR Inc - Contract with Chevron U.S.A. Inc. to provide engineering and procurement services for Chevron in multiple global locations.  Full Article

KBR has settled dispute over judgment pertaining to EPC 1 construction project executed for PEMEX Exploracion y Produccion
Monday, 10 Apr 2017 05:58am EDT 

KBR Inc : Has settled dispute over judgment pertaining to EPC 1 construction project executed for PEMEX Exploracion y Produccion (PEP) . KBR Inc- under settlement, KBR has been paid $435 million .KBR Inc- all litigation between parties is or will be dismissed.  Full Article

KBR reports Q4 loss per share $0.61
Friday, 24 Feb 2017 06:00am EST 

KBR Inc - : KBR announces fourth quarter and 2016 financial results and 2017 guidance . Q4 revenue $1.2 billion versus I/B/E/S view $1.2 billion . Sees FY 2017 earnings per share $1.10 to $1.40 . Q4 adjusted loss per share $0.59 excluding items . Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . In 2017, forecast that over 70 pct of revenue will come from work executed under services and reimbursable-type contracts . Company initiates 2017 fully diluted earnings per share guidance with a range of $1.10 to $1.40 per share . Company expects 2017 revenues to be comparable to 2016 . Legal costs associated with legacy U.S. Government contracts are expected to be about $9 million, or $0.07 per fully diluted share in 2017 . Over 70 pct of projected 2017 earnings is expected from contracts already secured in our backlog at year-end 2016 . Qtrly loss per share $0.61 . FY 2017 revenue view $4.61 billion -- Thomson Reuters I/B/E/S .FY 2017 earnings per share view $1.33 -- Thomson Reuters I/B/E/S.  Full Article

Clariant and KBR supply Indonesian plants with catalaysts for ammonia synthesis
Wednesday, 11 Jan 2017 01:14am EST 

Clariant Ag says : Clariant and KBR supply turnkey design for low-cost, high-efficiency ammonia synthesis . Clariant supplies all process catalysts for ammonia synthesis at two major production plants in Indonesia . Turnkey solution provided in collaboration with process and licensing partner KBR Further company coverage: [CLN.S] (Reporting By Zurich newsroom) ((zurich.newsroom@thomsonreuters.com; +41 58 306 7336;)).  Full Article

KBR awarded multiple Australian infrastructure services contracts
Thursday, 22 Dec 2016 06:00am EST 

KBR Inc : Provide engineering and design management services to John Holland for AU$600 million Mernda Rail Extension Project in Melbourne . Revenue associated with two Australian defense infrastructure projects was booked into E&C backlog in Q3 2016 .KBR awarded multiple Australian infrastructure services contracts.  Full Article

KBR to engineer significant expansion of Indonesian gas infrastructure
Thursday, 22 Dec 2016 06:00am EST 

KBR Inc : KBR - Revenue associated with project will be booked into backlog of unfilled orders for KBR's engineering & construction business segment in Q4 2016 . Awarded a contract by PT PLN for engineering and design services to expand gas supply infrastructure across Indonesia .Revenue associated with this project was undisclosed.  Full Article

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BRIEF-KBR conducting internal investigation; cooperating with DOJ, SEC, and SFO

* Kbr is conducting its own internal investigation as well as cooperating with DOJ, SEC, and SFO in their investigations Source text for Eikon: Further company coverage: