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 support@zacks.com or call 800-767-3771 ext.  9339.

KBR, Inc. (KBR) has recently formed a new technology alliance with Yokogawa Electric Corporation for a fertilizer automation package (FAP).The strategic tie-up will combine KBR’s ammonia process technology expertise with Yokogawa's high value-added process control solutions to streamline the work process, develop standard configurations and simplify interfaces between various customers and suppliers.

The solution package will supplement KBR’s current portfolio of ammonia processing and will also support the basic engineering design package, proprietary equipment and catalyst supply.

Yokogawa is engaged in conducting research and innovation in the areas of industrial automation and control, test and measurement, and other business segments. Yokogawa’s CENTUM integrated production control system, the ProSafe-RS safety instrumented system and selected solution-based software will be used for this purpose.

This new package is likely to benefit companies with improved plant reliability, reduced energy consumption, reduced life-cycle costs for plant control, increased capacity and improved operator effectiveness in fertilizer plants.

Of late, KBR has been on a contract winning spree. Recently, the company received a contract from Subsea 7 SA(SUBCY) to provide topsides design for the Chevron Lianzi development project.

KBR was also chosen by Shell Canada Energy to conduct off-site modularization and pipe fabrication at the latter’s Edmonton Module Facility. KBR will be assisting Shell to derive the maximum benefits from the off-site modularization by providing pipe spool fabrication and module assembly for pipe, process, equipment and building modules.

With continuous inflow of contract deals, KBR is well poised to maintain a growth momentum. KBR currently carries a Zacks Rank #3 (Hold). Other stocks worth a look in the services sector are Global Partners LP(GLP - Snapshot Report), and Chicago Bridge & Iron. (CBI - Analyst Report), each carrying a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

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 Zacks.com. 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 GROUP DXYN 15.84 +7.90%
BOFL HOLDING 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%