Foster Wheeler AG, formerly Foster Wheeler Limited, along with its subsidiaries provide construction and engineering services to the oil and gas, oil refining, chemical/petrochemical, pharmaceutical, environmental, and power plant operation and maintenance sectors worldwide. It operates through two business groups, the Global Engineering & Construction Group (E&C) and the Global Power Group. The former Group designs, engineers, and constructs onshore and offshore upstream oil and gas processing facilities; natural gas liquefaction facilities and receiving terminals; gas-to-liquids facilities; oil refining; and chemical, petrochemical, pharmaceutical, biotechnology, healthcare, and related infrastructure facilities. The Global Power Group designs, manufactures, and erects steam generating and auxiliary equipment for electric power generating stations and industrial facilities. The company focuses on safely delivering cost-effective, technically-advanced services, facilities and Foster Wheeler Ag. has a market cap of $4.25 billion; its shares were traded at around $33.6 with a P/E ratio of 10.2 and P/S ratio of 0.6.
FWLT is in the portfolios of John Keeley of Keeley Fund Management, David Einhorn of Greenlight Capital Inc, George Soros of Soros Fund Management LLC, David Dreman of Dreman Value Management.
Insiders' Positions with FWLT
- Sell:: President and COO Sala Umberto Della sold 10,000 shares of FWLT stock on 09/08/2009 at the average price of 30, the price of the stock has increased by 12% since
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