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Fluor: Brian Mershon / Brett Turner

The following excerpt is from the company's SEC filing.

6700 Las Colinas Blvd

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Geoff Telfer / Jason Landkamer

Investor Relations

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News Release


IRVING, TEXAS April 14, 2016 Fluor Corporation (NYSE: FLR) today announced that it will change the reporting of its financial results to better reflect the diverse end markets Fluor serves. Starting with first quarter results that will be released on May 5, 2016, the company will report its financia l results based on the following business segments:

Energy, Chemicals & Mining:

This commodity-related segment will focus on opportunities in the upstream, downstream, chemical, petrochemical, offshore, LNG, pipeline and mining markets.

Industrial, Infrastructure & Power:

This segment includes the markets of infrastructure, power and life sciences & advanced manufacturing, which predominately contract on a fixed-price basis.

Maintenance, Modification & Asset Integrity:

This services-related segment, which is heavily focused on operating expense (OpEx) related spending, includes the activities associated with the recent acquisition of Stork combined with Fluors existing operations and maintenance activities, its equipment rental-related company (AMECO), its temporary staffing organization (TRS), and Power Services.

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The Government segment remains unchanged.

The following table shows the new reporting segments compared to the prior reporting structure:


Oil & Gas

Energy, Chemicals & Mining


Upstream, downstream, refining, chemical, petrochemical, offshore, LNG and pipeline

Upstream, downstream, refining, chemical, petrochemical, offshore, LNG, pipeline and mining

Industrial & Infrastructure

Industrial, Infrastructure & Power

Infrastructure, Mining, Industrial Services - Life Sciences & Advanced Manufacturing, Operations & Maintenance (Fluor legacy)

Infrastructure, Power EPC, NuScale, Life Sciences & Advanced Manufacturing

Power EPC and NuScale included in

Power EPC, Power Services (Fluor legacy), NuScale

Power Services (Fluor legacy) included in

Global Services

Maintenance, Modification & Asset Integrity (MMAI)


Stork (incl. Fluor legacy O&M), AMECO, TRS, Power Services (Fluor legacy),



Financial Information

Unaudited segment information by quarter and year for 2014 and 2015 under the new reporting structure will be available in an 8-K filed today and on the companys web site at

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About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served clients by delivering innovative and integrated solutions for our clients across the globe. With headquarters in Irving, Texas, Fluor ranks 136 on the


list with revenue of $18.1 billion in 2015 and has 59,000 employees worldwide. For more information, please visit or follow us on Twitter @FluorCorp.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Fluor Corporation's Sr Vice President & Controller just declared owning 5,342 shares of Fluor Corporation - April 8, 2016
Fluor Corporation director was just granted 31 restricted shares - April 5, 2016
Fluor Corporation director was just granted 67 restricted shares - April 5, 2016
Fluor Corporation director was just granted 40 restricted shares - April 5, 2016