Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at or call 800-767-3771 ext.  9339.

Leading engineering and construction services provider KBR, Inc. (KBR) recently announced that it has received a contract from Midwest Fertilizer Corporation for its upcoming facility in Mt. Vernon, Indiana. The deal will be booked in the company’s fourth quarter backlogs, but financial terms remained undisclosed.

The scope of the deal requires KBR to provide its globally renowned Purifier technology for the new fertilizer manufacturing plant. This innovative technology had been designed to optimize operational efficiency while significantly reducing capital costs. Also, this technology has been established as the lowest energy-consuming solution in the industry. Apart from this, the company will also have to provide engineering and design package, proprietary equipment, and technology license for the facility.

This facility has a per day ammonia production capacity of 2,200 metric ton, critical for the overall development of Indiana. The facility is likely to improve agriculture production and provide employment opportunities in the region.

KBR is an industrial construction and engineering facility provider, offering services to hydrocarbon, chemical and petrochemical industries. KBR has a 60-year old legacy of providing construction and maintenance services.

In Nov 2013, KBR had received a contract from Algeria-based petrochemical firm Fertial SpA to conduct a study for upgrading a couple of regional ammonia plants. Going forward, with continued growth in demand for construction and maintenance services, we expect the company to secure more such contracts in the imminent future.

KBR currently has a Zacks Rank #5 (Strong Sell). Better-ranked stocks in the engineering and construction sector worth considering at the moment include VSE Corp. (VSEC - Snapshot Report), which carries a Zacks Rank #1 (Strong Buy), and Jiangsu Expressway Co. Ltd. and Rexnord Corp. (RXN - Analyst Report), both carrying a Zacks Rank #2 (Buy).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%