April 16, 2014
(Stock Blog Hub, 2/25/13)
Saudi Aramco Lubricating Oil Refining Co. (Luberef), recently awarded Jacobs Engineering Group Inc. (JEC), a construction services provider, a deal to supply project...(read more)
(Stock Blog Hub, 8/27/12)
Contract wins continue for U.S. firm Jacobs Engineering Group Inc. (JEC) with the latest one being a consulting engineering services and project management contract from...(read more)
(Penny Stock DD, 1/1/12)
Stock Performance: Jacobs Engineering Group Inc. (NYSE:JEC) stock picks reported the fall of 0.69% and closed at $40.58 whereas total traded...(read more)
Jacobs Engineering Group (JEC) Company Overview
Jacobs Engineering Group (NYSE: JEC) designs and builds refineries, pharmaceutical manufacturing and chemical plants and other types of technically sophisticated facilities for its clients. For instance, the company is responsible for designing all aspects (power/steam generation, underground infrastructure, and tank farm) of a bitumen-collection facility in the oil sands of Fort Hill, Canada. In addition to facility design, the company provides both engineering and consulting services. In its role as NASA's primary services support contractor, the company helps design, test, and analyze space-and aircraft components.
Rising demand for oil has benefited the company in over the last few years. Although the company serves a number of different industries, its biggest source of revenue are refiners and oil exploration and production companies, which the company helps with expanding existing refineries and extracting more oil from existing wells. As oil prices rises, demand for JEC's services also increases.(Read more at Wikinvest )
What's in this JEC analysis on Wikinvest...