Fluor Corporation

Fluor Corporation is selling its Zhuhai fabrication yard in China to COOEC for approximately $122 million. This move allows Fluor to optimize its asset portfolio, focus on core EPC services, and retain access to fabrication capacity through a deal with COOEC. The transaction aligns with Fluor’s strategy of enhancing operational efficiency and financial flexibility.

Fluor Corporation reported its Q2 2025 financial results, marked by the first LNG shipment from the LNG Canada project but impacted by challenges in infrastructure projects and client spending shifts, leading to adjusted 2025 guidance. While Urban and Energy Solutions profits declined due to cost overruns and an arbitration ruling, respectively, Mission Solutions remained steady. The company is revising its adjusted EBITDA and EPS forecasts for 2025. A conference call was held August 1st to discuss the results.