The amount that's profitable is a modest amount, given we are in those projects. We maintain our conviction that Fluor is best-in-class company and are remaining diligent in our pursuit to restore our reputation and credibility. Our review included a strategic session in June with our entire Board in which we discussed our initial findings and outlined the initiatives that we are pursuing. Fluor Corp (NYSE: FLR) Q2 2019 Earnings Call Aug 1, 2019, 5:30 p.m. So at this point, we're comfortable with that project. Let me start by saying that I am extremely disappointed in the company's results for this quarter, and I'm also very aware that we owe you a complete explanation of the issues and our path forward. I just curious about your commitment to the integrated delivery model, how it could change? If you would please turn to slide three. Also, later this year, we expect to hear about both the Tank Closure Contract and the Central Plateau Contract at the Hanford site for the DOE. Good morning and welcome to Fluor Corporation's 2019 10-K Earnings Conference Call. Today's call is being recorded. Please go ahead. But for the fact that, that they all add up -- total adds up to about $55 million, and some of those projects that we've taken small charges are not even in a loss position. I appreciate that -- those thoughts. Fluor Corp () Q1 2019 Earnings Call May. Now turning to our equipment rental company, AMECO. Fluor Corporation (NYSE:FLR) Q3 2019 Earnings Conference Call - Final Transcript Good afternoon, and welcome to the Fluor Corporation's Third Quarter 2019 Earnings Call. Unfortunately, one of these projects, South Louisiana Methanol, was indefinitely delayed by the client this quarter. Okay. For example, where almost all the work is reimbursable. Fluor (FLR) delivered earnings and revenue surprises of -36.54% and -10.22%, respectively, for the quarter ended June 2019. Just with regard to your analysis LNG Canada meeting kind of like your requirements, is that predicated on owning -- or the equity ownership in your fab yard? LNG Canada, as I mentioned, we're -- it's early in the project still. Our earnings announcement was released this afternoon. Let me just comment on the several events that took place this quarter that resulted in the charge. And for the last three months, we have been relentless in looking into every aspect of what I've just outlined. Act 0.36 Est 0.609 Q4 2018 Fluor Corp Earnings Call 02/21/2019 05:30 PM (EST) FLR. The web replay will be available for 30 days. One of our first actions was to bring back Mike Steuert as CFO. So the fact that we've gone through two recent gate reviews with NRC and we have passed them, and we're expecting NRC approval, I believe it's late 2020. Some matters have been resolved or are near resolution. So this is a change that's quickly being -- that's resonating throughout the company. Got it. The NRC remains on track to complete its review by September 2020, and our first potential customer is planning a 12-module SMR plant in Idaho. 02, 2019, 5:30 p.m. Cash flow from operations in the quarter totaled $109 million. I think we need to go through a strategic review and go through our fall assessment of 2020 and get more comfortable as we complete this year to be given -- giving guidance as a starting point for looking at next year. Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its 2019 10-K for the period ended December 31, 2019. And everybody's on board with that. Last week, NuScale announced that its SMR design had cleared the NRC second and third phases of review 6 weeks ahead of schedule. During the second quarter, the company met with a number of our clients, subcontractors and suppliers, in an attempt to resolve a number of matters. Just looking at the contract assets and the contract liabilities that you reported here, your assets are down sequentially and your liabilities are up significantly from the charges that you took. So we're very comfortable without. 18 pages (10463 words) — Published Aug 03, 2017. Please go ahead. And finally, in E&C, you have heard us talk about two large methanol projects that we expected to win in 2019. And then, are you actually in retrenchment mode? We're doing a number of things to enhance our cash position. You talked about NuScale. The offshore project is a little bit higher than that in terms of completion. Good evening. Fluor Corp () Q4 2019 Earnings Call Sep 25, 2020, 8:30 a.m. So we don't mean to avoid that question at all. amounts, to the comparable GAAP measures, are reflected in our earnings release and are posted in the investor relations section of our website at investor.fluor.com. For this commercial client, Fluor is providing EPC services for several new structures on an existing site. In the Mining, Industrial, Infrastructure & Power segment, results for the quarter include project adjustments of $109 million on three gas-fired power projects and $55 million on several infrastructure projects, including the Purple Line in Maryland. Questions and Answers. Our restructuring will be substantially complete by the end of the year. This really started -- and actually, I saw it from the other side, when I was the Board of oil and gas company. And how does Fluor as the size of the company and where you're focused on today, can be most effective for that to generate returns that's going to be required to improve your share price? We 're going to walk away from different offerings to materialize, and reach. To leverage experience we have a high level of confidence and comfort, Jerry, also. 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