LNG liquefied natural gas limited

KBR Earnings Report, page-2

  1. 8,419 Posts.
    lightbulb Created with Sketch. 454
    Another piece further along in the report.

    Stuart J. B. Bradie - KBR, Inc.
    Yeah, I mean, we don't really look at the, I guess, the balance of reimbursable cost-plus to fixed price in the Hydrocarbons sector. We look at it very much what is the right risk tolerance and what sort of deal can you negotiate or can you win. So, we are bidding some fixed price contracts, I mean, it's well known in the marketplace, some of those, and we've obviously got the LNGs that we talked about previously.
    So, I mean, just from the – if something like Magnolia went ahead, and there's a quite a lot of bullishness from them at the moment and off-takes, as I said earlier. If something like that went ahead, you can see the mix changing almost overnight and just because of the scale. And so, I think, the – so, it's difficult to set a target in that sense. I think what is more important for the market to understand is that we'll maintain our commercial discipline through this to try and ensure that we don't have the historical volatility or even the recent volatility in some of our peer groups. Our drive here is to make sure we sign up to work where we can make money.

    Champee
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.