Edition:
United Kingdom

Chicago Bridge & Iron Company NV (CBI.N)

CBI.N on New York Stock Exchange

18.97USD
19 Jan 2018
Change (% chg)

$0.10 (+0.53%)
Prev Close
$18.87
Open
$18.79
Day's High
$19.11
Day's Low
$18.58
Volume
644,347
Avg. Vol
735,221
52-wk High
$36.15
52-wk Low
$9.55

Latest Key Developments (Source: Significant Developments)

CB&I Announces Joint Development Agreement With Saudi Aramco
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Chicago Bridge & Iron Company Nv ::CB&I ANNOUNCES JOINT DEVELOPMENT AGREEMENT WITH SAUDI ARAMCO.CB&I - ‍HAS ENTERED INTO JOINT DEVELOPMENT AGREEMENT WITH SAUDI ARAMCO THAT INCLUDES CHEVRON LUMMUS GLOBAL ​.CB&I - ‍SAUDI ARAMCO, CO, CLG TO DEVELOP UNIQUE INTEGRATION OF ADVANCED TECHNOLOGY PROCESSES FOR PRODUCTION OF HIGH-VALUE PETROCHEMICALS FROM CRUDE OIL​.CB&I - JOINT DEVELOPMENT AGREEMENT WITH SAUDI ARAMCO FOR DEVELOPMENT, COMMERCIALIZATION AND MARKETING OF CRUDE-TO-CHEMICAL TECHNOLOGIES.  Full Article

Mcdermott International Says In Case Of Termination Of Deal With Cb&I Under Certain Specified Circumstances, Co To Pay Cb&I Termination Fee Of $60 Mln
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Chicago Bridge & Iron Company Nv ::MCDERMOTT INTERNATIONAL- IN CASE OF TERMINATION OF DEAL WITH CB&I UNDER CERTAIN SPECIFIED CIRCUMSTANCES, CO TO PAY CB&I TERMINATION FEE OF $60 MILLION.  Full Article

Mcdermott And CB&I To Combine In Transaction Valued At $6 BLN
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Mcdermott International Inc ::MCDERMOTT AND CB&I TO COMBINE IN TRANSACTION VALUED AT $6 BILLION.MCDERMOTT INTERNATIONAL INC - MCDERMOTT SHAREHOLDERS TO OWN 53% AND CB&I SHAREHOLDERS TO OWN 47% OF COMBINED COMPANY.MCDERMOTT INTERNATIONAL - COMBINED CO TO HAVE COMBINED REVENUES OF APPROXIMATELY $10 BILLION AND BACKLOG OF APPROXIMATELY $14.5 BILLION.MCDERMOTT INTERNATIONAL - CB&I SHAREHOLDERS TO BE ENTITLED TO RECEIVE 2.47221 SHARES OF CO STOCK FOR EACH SHARE OF CB&I COMMON STOCK OWNED.MCDERMOTT INTERNATIONAL - DEAL IS EXPECTED TO BE CASH ACCRETIVE, EXCLUDING ONE-TIME COSTS, WITHIN FIRST YEAR AFTER CLOSING.MCDERMOTT INTERNATIONAL INC - DEAL ALSO EXPECTED TO GENERATE ANNUALIZED COST SYNERGIES OF $250 MILLION IN 2019.MCDERMOTT INTERNATIONAL INC - ANNUALIZED COST SYNERGIES OF $250 MILLION EXPECTED IN 2019 FROM DEAL.MCDERMOTT INTERNATIONAL - DAVID DICKSON, CURRENT PRESIDENT AND CEO OF MCDERMOTT, WILL BE PRESIDENT AND CEO OF COMBINED CO.MCDERMOTT INTERNATIONAL - STUART SPENCE, CURRENT CFO OF MCDERMOTT, WILL BE CHIEF FINANCIAL OFFICER OF COMBINED COMPANY.MCDERMOTT INTERNATIONAL INC - BOARD OF DIRECTORS OF COMBINED CO WILL BE COMPRISED OF 11 MEMBERS, INCLUDING 10 INDEPENDENT DIRECTORS AND DAVID DICKSON.MCDERMOTT INTERNATIONAL INC - COMBINED CO HAS SECURED ABOUT $6 BILLION OF FULLY-COMMITTED FINANCING, LED BY BARCLAYS, CREDIT AGRICOLE CIB & GOLDMAN SACHS.MCDERMOTT INTERNATIONAL INC - TRANSACTION HAS BEEN APPROVED BY BOARDS OF BOTH COMPANIES.  Full Article

Chicago Bridge & Iron Co ‍Receives Full Notice To Proceed For Petrochemical Plant In Kazakhstan​
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Chicago Bridge & Iron Company Nv ::CHICAGO BRIDGE & IRON COMPANY NV - ‍RECEIVES FULL NOTICE TO PROCEED FOR PETROCHEMICAL PLANT IN KAZAKHSTAN​.  Full Article

Indian Oil selects Chicago Bridge & Iron for residue upgrading unit in Mathura, India​
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Chicago Bridge & Iron Company Nv :Chicago Bridge & Iron Co- selected by Indian Oil Corp for license, engineering design & catalyst supply for a residue upgrading unit in Mathura, India​.  Full Article

Chicago Bridge & Iron says ‍awarded a contract by Lukoil Nizhegorodnefteorgsyntez, a subsidiary of JSC Lukoil​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Chicago Bridge & Iron Company NV ::Chicago Bridge & Iron Company NV - ‍awarded a contract by Lukoil Nizhegorodnefteorgsyntez, a subsidiary of JSC Lukoil​.  Full Article

CB&I posts Q3 earnings per share $0.10
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Chicago Bridge & Iron Company Nv :CB&I announces third quarter 2017 results.Q3 earnings per share $0.10.Q3 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.Sees Q4 2017 earnings per share $0.50 to $0.60.Sees Q4 2017 revenue $1.8 billion to $2.0 billion.Q3 revenue $1.7 billion versus I/B/E/S view $1.8 billion.Chicago Bridge & Iron Company NV - ‍backlog at September 30, 2017, was $10.7 billion, compared to backlog of $13.2 billion at September 30, 2016​.Says ‍new awards in Q3 of 2017 totaled $437 million, compared to $1.7 billion in Q3 of last year​.Q4 earnings per share view $0.53, revenue view $1.84 billion -- Thomson Reuters I/B/E/S.Chicago Bridge & Iron Company NV qtrly results were impacted by unusual items totaling $49 million, or $0.31 per share​.Chicago Bridge & Iron Company NV - ‍ "anticipate a strong Q4 and first half of 2018 for new awards"​.Chicago Bridge & Iron Company NV - ‍ "experienced continued cost pressure during quarter, primarily on IPL and Calpine power projects".  Full Article

CB&I announces five-year contract renewal for maintenance services
Wednesday, 12 Oct 2016 

Chicago Bridge & Iron Company NV :Chicago Bridge & Iron Company Nv - has been awarded five-year contract renewal valued at about $350 million for work at refinery in Midwest.  Full Article

Chicago Bridge & Iron reports Q2 2016 financial results
Wednesday, 27 Jul 2016 

Chicago Bridge & Iron Company Nv : Sees fy revenue between $10.6 billion - $11.0 billion . Company's backlog at end of q2 of 2016 was $19.6 billion. . Says company is lowering its 2016 guidance . Quarter 2016 financial results . Q2 earnings per share $1.17 . Q2 revenue $2.7 billion versus i/b/e/s view $2.82 billion .Q2 earnings per share view $1.20 -- Thomson Reuters I/B/E/S.  Full Article

CB&I awarded license, engineering design of a grassroots alkylation unit
Monday, 25 Jul 2016 

Chicago Bridge & Iron Company NV:Chicago Bridge & Iron Company NV says awarded license and engineering design of a grassroots alkylation unit by PT Pertamina.  Full Article