Civeo impacted by customers’ plans to trim capital spending
Civeo said the demand for its services depends on its customers’ capital spending programs. As a result, it’s one of the first to suffer losses when oil drillers pare back exploration.
Chicago Bridge & Iron Stock: How It’s Performing
As of November 24, 2017, CBI stock has fallen 51% YTD due to earnings misses and a fall in profits.
Coal is losing its market share in China’s electricity generation
Coal is the cheapest fossil fuel, but it’s also the most polluting. With its massive electricity generation capacity—mainly coal-fired—China emits the most carbon dioxide in the world.
Declining US unemployment rate a boost to the economy
The US unemployment rate is now two times lower than it is in the Eurozone, where the jobless rate currently sits at 11.2%.
Mattel: S&P 500’s Top Gainer on May 15
Mattel, which is an American multinational toy manufacturing company, was the S&P 500’s top gainer on May 15.
Mattel and Hanesbrands Moved Higher on April 23
Mattel (MAT), which is an American multinational toy manufacturing company, was the S&P 500’s second-best performer on April 23.
KBR Stock: Performance and Outlook
KBR has an assorted mix of business portfolios, which helps it combat cyclicality associated with any single market.
How Well Is KBR Handling Its Short-Term Obligations?
As of September 30, 2017, KBR (KBR) had a total debt of $2.7 billion against $3.4 billion at the end of fiscal 2016. Nearly $1.2 billion of that is currently payable.
An Introduction to KBR
KBR (KBR), headquartered in Houston, Texas, is a comprehensive professional service and technology provider.
More about KBR’s Recent Strategic Acquisitions
Consulting and technical services On January 12, 2016, KBR (KBR) acquired three of Chematur Technologies’ engineering subsidiaries—Weatherly, Plinke, and Chematur Ecoplanning Oy—for $24.5 million. Chematur is a Swedish chemical engineering company specializing in bioethylene technologies. It is owned by China-based aniline trader and producer Connell Chemical Industry. Through subsidiary Brown & Root Industrial Services, KBR acquired MEI […]
Understanding KBR’s Inorganic Growth
KBR’s acquisitions In 2016, four significant acquisitions were made by KBR (KBR) to reorganize its technology business, industrial maintenance welding, and government services under suitable market segments. In this part, we’ll look at KBR’s government service business expansion. Wyle acquisition On July 5, 2016, KBR acquired Wyle for $579 million, using nearly $200 million in […]
Chicago Bridge & Iron’s Relative Valuation Compared to Its Peers
Chicago Bridge & Iron Company (CBI) has a PB ratio of 1.41x based on its 2017 consensus estimates.
Chicago Bridge & Iron: Highly Leveraged Compared to Peers
As of September 30, 2017, Chicago Bridge & Iron (CBI) had a total debt of $2.1 billion against $2.2 billion at the end of fiscal 2016.
SO Reached a Settlement for the Completion of Its Vogtle Plant
SO’s subsidiary Georgia Power said in December that it had reached a settlement with contractors regarding the construction of its Vogtle nuclear plant.
Jobless Claims Remain Low in October
Employment figures are crucial for any economy. According to the U.S. Department of Labor, initial jobless claims were 260,000 for the week ended October 24, an increase of 1,000 from the prior week.
Nuclear power plants are cheaper to operate
Nuclear power plants have the lowest variable costs among the three fuel types, at $11.8 per MWh (for plants coming online in 2019).
Natural gas–fired power plants are cheaper to build
Natural gas–fired power plants are clearly the cheapest to build due to lower land requirements and faster, cheaper construction.
A closer look at the key fuels in global power plants
In nuclear power plants, the heat to generate steam comes from nuclear fission. The steam drives turbines to generate electricity.