$FLR

Avantis U.S. Small Cap Value ETF (AVUV) increased positions in 467 stocks and decreased 71, with $143.8M in gross trades. Top buys included Sprouts Farmers Market (SFM) and Lyft (LYFT). AVUV manages $31.13B in assets with an expense ratio of 0.25%.

Truist highlighted top infrastructure services stocks, with Quanta Services (PWR) leading, followed by MasTec (MTZ), AECOM (ACM), and Fluor (FLR). The firm sees growth potential in power, communications, and energy projects, despite industry bottlenecks. All four stocks have Buy ratings from Truist, with PWR expected to outperform due to diversified exposure and growth prospects.

JGC and Fluor received a Notice to Proceed for Phase 2 expansion of LNG Canada. JGC's $7.5B share will be recognized in fiscal 2026. LNG Canada, a JV including Shell, made the final investment decision. Phase 1 was completed in 2025, with Phase 2 expanding Canada's LNG export capacity.

Fluor (NYSE: FLR) and JGC Corporation's joint venture won a $7.5B contract for LNG Canada's Phase 2 expansion, following a final investment decision. The project will double the facility's production capacity to 28M tonnes per year. Fluor expects to recognize its share in Q3 2026.

Fluor (FLR) reported a Q2 earnings beat, driven by strong project awards and a larger backlog focused on nuclear energy and data centers. Analysts note this shift could support long-term cash generation and profitability, with some raising price targets. However, risks include project timing, cost control, and legacy contract issues. Analysts project revenues of $19.7B and earnings of $497.9M by 2029, with a potential 13% upside.

Fluor (FLR) shares rose 6.1% to $57.52 in pre-market trading, nearing a 52-week high, driven by analyst upgrades and strong Q2 earnings. Truist raised its target to $71, UBS initiated coverage with a $66 target. Q2 EPS was $0.91 vs. $0.71 expected, on $4.33B revenue. The move contrasts with broader market declines.

Fluor Corporation (FLR) rose 3.7% following its Q2 2026 earnings report, which showed 9% revenue growth to $4.3B and $0.91 adjusted EPS. New awards reached $6.1B, increasing backlog to $26.9B. Analysts raised price targets post-earnings, despite trimmed full-year EBITDA guidance.

The U.S. Army's Project Janus selected five companies, including BWX Technologies (BWXT) and Westinghouse (partly owned by Cameco Corp. (CCJ)), to deploy microreactors at military bases. The Nuclear Energy Launch Pad added 13 new projects, including Lightbridge (LTBR) and Oklo (OKLO). The U.S. Army will invest up to $2.2 billion through 2031, with reactors operational by 2028. These initiatives highlight the expansion of advanced nuclear energy programs.

Nepal's flood reconstruction may cost $5 billion, benefiting engineering firms like AECOM (ACM) and Fluor (FLR). Nepal seeks international funding, with contracts likely through multilateral channels. AECOM and Fluor have significant backlogs, but contracts are contingent on procurement timelines. Ongoing flood risks may delay reconstruction. No contracts have been issued yet, and investors should monitor procurement portals for updates.

The U.S. Department of Energy (DOE) allocated up to $1 billion to support X-Energy's advanced nuclear reactor project in Texas. Funds will primarily support domestic supply chain partners like Curtiss-Wright, Mirion Technologies, and Fluor. The Range Nuclear Renaissance Index ETF (NUKZ) offers investors exposure to these companies.