KBR & Tecnicas Reunidas Win FEED Contract for Texas LNG Project

KBR, Inc. KBR, together with Tecnicas Reunidas (TRE), has been selected by Coastal Bend LNG to undertake the front-end engineering and design (FEED) for a planned natural gas liquefaction and export facility on the Texas Gulf Coast.Following the news, shares of KBR are up 0.4% in pre-market trading today.Overview of the New ContractThe companies will initially execute the FEED phase of the project. Subject to a positive final investment decision, KBR and Tecnicas Reunidas will subsequently proceed with the engineering, procurement and construction (EPC) phase. The partners will collaborate on the design of multiple large-scale LNG production trains using ConocoPhillips’ Optimized Cascade Process, targeting cost-competitive LNG production while reducing greenhouse gas emissions. Both firms bring deep expertise in LNG engineering, EPC execution and industrial decarbonization.Leveraging more than five decades of LNG expertise, KBR brings leadership in designing energy infrastructure that is efficient, scalable and capable of meeting global energy demand. This partnership supports Coastal Bend LNG's objective of establishing a new benchmark for low-carbon LNG production by combining extensive industry experience to optimize the facility's economic performance and efficiency while lowering carbon intensity.LNG-Led Backlog Growth MomentumKBR’s backlog continues to trend higher, supported by favorable market conditions in the United States and internationally, along with the robust global demand for LNG and energy infrastructure projects. Increasing investment in LNG, ammonia and energy affordability, along with a growing emphasis on lower-carbon and secure energy supply, is driving sustained opportunities across the company’s engineering and technology portfolio.As of the end of the third quarter of fiscal 2025, KBR’s backlog and options totaled $23.35 billion, representing a 5.6% year-over-year increase and a 13.5% rise from fiscal year-end 2024, supported by a trailing 12-month book-to-bill ratio of 1.4x. Growth was underpinned by a series of notable awards, including LNG-related FEED work such as Indonesia’s Abadi LNG project, alongside additional energy security and upstream support contracts in Iraq, Kuwait and the UAE. These wins highlight KBR’s strengthening position in LNG-led energy infrastructure and its ability to capture long-cycle, high-value projects globally.KBR’s Stock Price PerformanceKBR stock has gained 3.3% in the past month compared with the Zacks Engineering - R and D Services industry’s 0.8% growth. The gain reflects resilience in mission-critical U.S. programs, strong international momentum and solid execution supported by wins in space, defense, LNG and energy security. However, near-term prospects are tempered by delays in new contract awards and slower U.K. defense funding.Image Source: Zacks Investment ResearchKBR’s Zacks Rank & Key PicksKBR currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks from the Construction sector are:Dycom Industries, Inc. DY presently sports a Zacks Rank #1 (Strong Buy). The company delivered a trailing four-quarter earnings surprise of 22.7%, on average. DY stock has jumped 33.6% in the past six months. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Dycom’s 2026 sales and EPS indicates growth of 14.5% and 5.7%, respectively, from the year-ago period’s levels. Gibraltar Industries, Inc. ROCK has a Zacks Rank of 2 (Buy) at present. The company delivered a trailing four-quarter earnings surprise of 2.2%, on average. ROCK stock has declined 16.5% in the past six months.The Zacks Consensus Estimate for Gibraltar’s 2026 sales and EPS indicates growth of 6.8% and 11%, respectively, from the prior-year levels.MasTec, Inc. MTZ carries a Zacks Rank of 2 at present. The company delivered a trailing four-quarter earnings surprise of 18.9%, on average. MTZ stock has gained 27% in the past six months.The Zacks Consensus Estimate for MasTec’s 2026 sales indicates growth of 8.4% and 28.3%, respectively, from the year-ago period’s levels.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KBR, Inc. (KBR): Free Stock Analysis Report Gibraltar Industries, Inc. (ROCK): Free Stock Analysis Report Dycom Industries, Inc. (DY): Free Stock Analysis Report MasTec, Inc. (MTZ): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks