KBR Backlog Grows, but Quarterly Earnings Down
SUGAR LAND--July 31, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering, procurement and construction (EPC) firm KBR Incorporated (NYSE:KBR) (Houston, Texas) reported a drop in net earnings from $77 million in second-quarter 2017 to $42 million in second-quarter 2018. However, the company's gross profit rose to $130 million from $108 million in the year-prior quarter. From the first quarter to the second quarter this year, the company's backlog of projects increased from $13.2 billion to $13.5 billion. Industrial Info is tracking more than $130 billion in projects involving KBR, including more than $52 billion in North America.
Within this article: Details of major KBR projects, including those owned by Chevron Corporation (NYSE:CVX), BP plc (NYSE:BP), Exxon Mobil Corporation (NYSE:XOM) and Eni SpA (NYSE:E)
