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KBR's Operator Training Simulator to Aid OCI's Texas Facility
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KBR, Inc. (KBR - Free Report) has clinched a contract from OCI Global to design and deploy its proprietary operator training simulator for the latter’s clean ammonia synloop unit.
Per the deal, KBR’s advanced digital solutions help clients maximize the ammonia yield and improve energy and production efficiency. Also, it is a customizable scenario-based digital training environment that simulates plant start-ups and shut-downs before they occur to increase operator competency and reduce operational risk.
OCI’s 3,000 metric tonnes per day Texas Blue Clean Ammonia facility is expected to deliver a 70% lower total greenhouse gas emission compared with conventional ammonia production.
Image Source: Zacks Investment Research
Shares of this Zacks Rank #3 (Hold) company have gained 19.9% in the past three months compared with the Zacks Engineering - R and D Services industry’s 16.6% rally. KBR’s earnings estimate for 2024 reflects 10.3% year-over-year growth on a 9.1% increase in revenues.
KBR's Low-Carbon Ammonia Offerings Bode Well
Since 1943, KBR has licensed, engineered and constructed more than 250 grassroot ammonia plants worldwide, capturing approximately 50% of the market share of licensed capacity. The determination to lower emissions, achieve product diversification and energy efficiency, and develop more sustainable technologies and solutions has been driving KBR’s performance.
The company’s operator training simulator is built on proprietary design and knowledge, which provides the most comprehensive and holistic digital training and simulation platform for KBR-designed plants.
The demand for the company’s technologies across ammonia for food production, olefins for non-single-use plastics, refining for product diversification and greener solutions to meet tighter environmental standards has been strong. A strategic shift to IP-enabled maintenance is also gaining traction, and KBR’s advisory portfolio continues to see increasing activity, particularly in the energy transition.
KBR has been gaining from the rising global importance of national security, energy security, energy transition and climate change. It has been benefiting from high-end and differentiated government business work, strong margin performance, technology and consulting services.
KBR's determination to reduce emissions, diversify products, improve energy efficiency and implement more sustainable technologies and solutions has been driving its performance.
Key Picks
Some better-ranked stocks in the Zacks Construction sector are:
M-tron Industries, Inc. (MPTI - Free Report) currently sports a Zacks Rank #1 (Strong Buy). It has topped earnings estimates in three of the trailing four quarters and missed once, with an average surprise of 26.7%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for MPTI’s 2024 sales and EPS indicates a rise of 10.3% and 58.6%, respectively, from the prior-year levels.
Howmet Aerospace Inc. (HWM - Free Report) presently carries a Zacks Rank #2 (Buy). HWM has a trailing four-quarter earnings surprise of 8.5%, on average.
The Zacks Consensus Estimate for HWM’s 2024 sales and EPS indicates a rise of 10.6% and 29.9%, respectively, from the prior-year levels.
Gates Industrial Corporation plc (GTES - Free Report) presently carries a Zacks Rank #2. GTES has a trailing four-quarter earnings surprise of 14.9%, on average.
The Zacks Consensus Estimate for GTES’ 2024 sales indicates a 0.2% decline but EPS growth of 2.9% from the prior-year levels.
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KBR's Operator Training Simulator to Aid OCI's Texas Facility
KBR, Inc. (KBR - Free Report) has clinched a contract from OCI Global to design and deploy its proprietary operator training simulator for the latter’s clean ammonia synloop unit.
Per the deal, KBR’s advanced digital solutions help clients maximize the ammonia yield and improve energy and production efficiency. Also, it is a customizable scenario-based digital training environment that simulates plant start-ups and shut-downs before they occur to increase operator competency and reduce operational risk.
OCI’s 3,000 metric tonnes per day Texas Blue Clean Ammonia facility is expected to deliver a 70% lower total greenhouse gas emission compared with conventional ammonia production.
Image Source: Zacks Investment Research
Shares of this Zacks Rank #3 (Hold) company have gained 19.9% in the past three months compared with the Zacks Engineering - R and D Services industry’s 16.6% rally. KBR’s earnings estimate for 2024 reflects 10.3% year-over-year growth on a 9.1% increase in revenues.
KBR's Low-Carbon Ammonia Offerings Bode Well
Since 1943, KBR has licensed, engineered and constructed more than 250 grassroot ammonia plants worldwide, capturing approximately 50% of the market share of licensed capacity. The determination to lower emissions, achieve product diversification and energy efficiency, and develop more sustainable technologies and solutions has been driving KBR’s performance.
The company’s operator training simulator is built on proprietary design and knowledge, which provides the most comprehensive and holistic digital training and simulation platform for KBR-designed plants.
The demand for the company’s technologies across ammonia for food production, olefins for non-single-use plastics, refining for product diversification and greener solutions to meet tighter environmental standards has been strong. A strategic shift to IP-enabled maintenance is also gaining traction, and KBR’s advisory portfolio continues to see increasing activity, particularly in the energy transition.
KBR has been gaining from the rising global importance of national security, energy security, energy transition and climate change. It has been benefiting from high-end and differentiated government business work, strong margin performance, technology and consulting services.
KBR's determination to reduce emissions, diversify products, improve energy efficiency and implement more sustainable technologies and solutions has been driving its performance.
Key Picks
Some better-ranked stocks in the Zacks Construction sector are:
M-tron Industries, Inc. (MPTI - Free Report) currently sports a Zacks Rank #1 (Strong Buy). It has topped earnings estimates in three of the trailing four quarters and missed once, with an average surprise of 26.7%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for MPTI’s 2024 sales and EPS indicates a rise of 10.3% and 58.6%, respectively, from the prior-year levels.
Howmet Aerospace Inc. (HWM - Free Report) presently carries a Zacks Rank #2 (Buy). HWM has a trailing four-quarter earnings surprise of 8.5%, on average.
The Zacks Consensus Estimate for HWM’s 2024 sales and EPS indicates a rise of 10.6% and 29.9%, respectively, from the prior-year levels.
Gates Industrial Corporation plc (GTES - Free Report) presently carries a Zacks Rank #2. GTES has a trailing four-quarter earnings surprise of 14.9%, on average.
The Zacks Consensus Estimate for GTES’ 2024 sales indicates a 0.2% decline but EPS growth of 2.9% from the prior-year levels.