Chicago Bridge & Iron

  • Should You Follow David Tepper and Buy These E&C Companies

    By Ash Sharma - August 16, 2013 | Tickers: CBI, FLR, KBR

    I often use 13F filings by reputed money managers as a starting point to screen potential investment opportunities. Although not foolproof, this approach gives a good starting point to find out the companies which deserves a deeper look from investment perspective. David Tepper is one of my favorite money mangers and I track his positions closely. His recent filing indicate that he is becoming very bullish on Engineering and Construction more »

  • How to Prepare for the Next Natural Gas Boom

    By Piyush Arora - August 15, 2013 | Tickers: BHP, CBI, RDS-B

    When we talk about Liquified Natural Gas (LNG) exports, most investors tend to think that the U.S and East Africa are the prime beneficiaries of its impending boom. However, Australia is another budding natural gas hotspot, which aims to have 66 mtpa (million tonnes per annum) of natural gas liquefaction capacity by 2025. As a matter of fact, nearly $200 billion worth of LNG projects are currently being developed more »

  • 5 Reasons Why the Bears Are Wrong About Berkshire Hathaway

    By Jessica McCann - July 28, 2013 | Tickers: BRK-B, BRK-A, CBI, DVA

    Berkshire Hathaway's (NYSE: BRK-A) (NYSE: BRK-B) growth over the last year would be impressive, at least, if you ignored the upward drift of the Dow Jones Industrial Average. However, taken together with the massive run up in the rest of the market, Berkshire's prospects look less rosy. In fact, Berkshire-favored stocks like DaVita HealthCare Partners (NYSE: DVA) and Chicago Bridge & Iron (NYSE: CBI) have given back most of more »

  • When Buffett Speaks - We Listen

    By Shmulik Karpf - July 11, 2013 | Tickers: BRK-B, BRK-A, CBI

    Mr. Buffett, the CEO of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) is famous for his unique investment theses. He just loves to invest in branded consumer products, such as See's Candy, Coca-Cola, and lately Heinz ketchup and sauces. The reason he prefers branded consumer products is that they require low capital expenditure, and can therefore replicate their success exponentially. After all, there's no need to buy jets or more »

  • How to Profit From Surging LNG Project CapEx

    By Mark Holder - July 1, 2013 | Tickers: CBI, FLR, KBR

    According to a Chicago Bridge & Iron (NYSE: CBI) presentation, the LNG project capital expenditures over the next two years will reach over $70 billion. The spending will reach a plateau in 2015 at over $45 billion and max out around $50 billion in 2017. Not bad for a market that topped out around $30 billion in 2012 and plunged this year.

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    Probably not surprising, but a main beneficiary will be more »

  • This Stock Is Set To Skyrocket

    By Piyush Arora - June 25, 2013 | Tickers: CBI, FLR, KBR

    Editor's Note: The initial article stated Shaw was based in Canada. That was incorrect, this version has been corrected.

    In a bid to arrest its widening trade deficit and support natural gas pricing, the United States Department of Energy (DOE) recently relaxed its norms for LNG exports. It has authorized Freeport's LNG terminal to export up to 1.4 bcf of natural gas/day for the next 20 more »

  • 3 Stocks to Buy in the Shale Boom

    By Zain Abbas - June 25, 2013 | Tickers: CBI, FLR, KBR

     The shale-gas revolution has brought a new life in many sectors that were otherwise neglected by investors. Energy infrastructure (more commonly known as engineering and construction, or E&C) companies represent one such group. Given the abundant supply of natural gas, economists have suggested the government export some of it, which will not only bring foreign remittances but also help to maintain a balance between supply and demand of natural more »

  • A Quick Look at Berkshire Hathaway’s Big Buys in 1Q13

    By Aubrey Tabuga - June 25, 2013 | Tickers: CBI, LMCA, SIRI, VRSN, WFC

    Trade decisions of huge fund managers such as Berkshire Hathaway always make heads turn. I am turning mine today to the recent moves of this giant firm based on its first quarter 13F filing. The biggest buys include Liberty Capital (NASDAQ: LMCA), Wells Fargo (NYSE: WFC), Chicago Bridge & Iron (NYSE: CBI), and VeriSign (NASDAQ: VRSN). In spite of the significant lag between the filing date and the period concerned, such more »

  • Which Is a Better Investment: E&C or Machinery?

    By Zain Abbas - June 16, 2013 | Tickers: CBI, MTW, TEX

    Engineering and construction, also known as E&C, has lately been receiving great attention from investor circles given the cyclical upside, improving valuations and growth in sales in the industry. Similarly, the machinery industry has also been keenly followed lately given its cheap valuations and massive cost restructuring.

    However, what baffles investors is the question: Which one is a better investment, E&C or the machinery industry?

    E&C vs more »

  • Will We Finally Rebuild America's Aging Infrastructure?

    By Reuben Brewer - June 3, 2013 | Tickers: ACM, CBI, FLR

    A bridge in Washington collapsed recently, once again exposing the state of this nation's aging infrastructure. Replacing dangerous spans such as this one is complex and difficult. But AECOM Technology (NYSE: ACM), Chicago Bridge & Iron (NYSE: CBI), and Fluor Corporation (NYSE: FLR) are three companies that can handle big infrastructure jobs.

    Too Many Failures

    When it comes to a bridge, a single collapse is one too many. Luckily, the more »

  • This New Hedge Fund Is Buying ‘Old’ & ‘New World’ Stocks

    By Meena Krishnamsetty - June 3, 2013 | Tickers: CBI, GOOG, POST, PCLN, VLO

    Signpost Capital Advisors was launched in 2012 by Siddharth Thacker and Brandon Weber, previously of Citadel Investment Group. The fund tends to carry fairly low net exposure and recently filed its Q1 13F with the SEC, describing some of its main investments for the first three months of 2013. A quick look at the top 5 equity positions of this hedge fund might be a good starting point for your more »

  • Elite Hedge Fund BAM’s Best First-Quarter Picks

    By Meena Krishnamsetty - May 31, 2013 | Tickers: CBI, CTXS, GE, PENN, WPZ

    Dmitry Balyasny's Balyasny Asset Management (BAM) is one of the 500 elite hedge funds we track at Insider Monkey, and for good reason. Its 13F equity portfolio returned at least 14 percentage points in just one quarter alone last year, and this year, many of its stock positions are intriguing, to say the least. Now, in case you aren’t aware, there are material advantages that can be gained more »

  • Stocks Set to Benefit From LNG Exports

    By Jacob Wolinsky - May 28, 2013 | Tickers: CBI, FLR, TGP

    The Energy Department has issued a second permit to export liquefied natural gas (LNG) from the United States. The license, awarded to Freeport LNG Expansion and FLNG Liquefaction, will result in overseas shipping of 1.4 billion cubic feet of gas every day from a terminal on the Texas Gulf Coast. This is only the second such permit to export U.S. LNG. While exports by Freeport are not likely more »

  • 3 Reasons Why Warren Buffett Hates Bonds

    By Robert Baillieul - May 28, 2013 | Tickers: BRK-B, BRK-A, CBI, IEF

    "We're not buying corporate bonds of any kind. Not at these yields." Warren Buffett

    "Bonds are terrible investments now." Warren Buffett

    "Bonds really should come with a warning label." Warren Buffett

    It's no secret that Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett doesn't like bonds. The herald Oracle of Omaha has been warning investors to avoid the entire asset class in favor of better alternatives more »

  • Following Warren Buffett Into Chicago Bridge & Iron

    By Anh HOANG - May 22, 2013 | Tickers: CBI, HAL, MTRX

    In the first quarter of 2013, Warren Buffett accumulated more than 6.5 million shares in the Netherlands energy infrastructure company, Chicago Bridge & Iron (NYSE: CBI). At the current trading price of around $58 per share, Chicago Bridge’s holding is worth $375 million. Since the bottom of 2009, Chicago Bridge has advanced significantly, climbing from nearly $5 per share to nearly $58 per share. Let’s take a closer more »

  • What Warren Buffett Likes About Chicago Bridge & Iron

    By Diane Alter - May 20, 2013 | Tickers: BRK-B, BRK-A, CAT, CBI

    Scores of investors scour Berkshire Hathaway’s (NYSE: BRK-A) (NYSE: BRK-B)holdings in attempts to mimic legendary CEO Warren Buffett’s picks. After all, Buffett is deemed the greatest investor of all time, and rightly so.

    Berkshire Hathaway has averaged an annual growth in book value of 19.7% over the last 48 years. That compares to 9.4% for the S& P 500 Index, including dividends, over the same more »

  • 2 Engineering & Construction Stocks To Buy, 1 To Hold

    By Zain Abbas - May 20, 2013 | Tickers: CBI, FWLT, KBR

    The recently held Offshore Technology Conference in Houston has brought along some important takeaways for investors in engineering and construction (E&C) companies. In my earlier posts, I have been emphasizing how the E&C sector has been a main beneficiary of the shale gas boom, which promises to bring a multi-billion dollar investment cycle in this industry.

    Offshore opportunities

    This post is more focused on offshore-related opportunities that lie more »

  • 3 Ways to Ride the LNG Fired Rocket

    By Piyush Arora - April 29, 2013 | Tickers: APC, LNG, CBI

    Thanks to the shale gas boom in North America, natural gas has hovered around $3.50 per MMBtu over the last year. But Asian and European nations haven't been that lucky with the production bonanza, which is why natural gas costs 3-4 times more in these regions than in North America. This pricing differential presents an bullish case for at least three different industries, and here are a few more »

  • Where's the Floor for Fluor?

    By Marshall Hargrave - April 24, 2013 | Tickers: CBI, FLR, URS

    Fluor (NYSE: FLR) has tumbled nearly 12% over the past week. Even over the past year, Flour is down 9.14% while the S&P 500 is up 10.85%.

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    With Flour grossly underperforming the broader market, what's the near-term catalyst to push the stock higher? One of the big tailwinds should be bolstering global growth. The IMF expects global GDP to grow 3.3% for 2013 against 3 more »

  • Construction Stocks for Building a Profitable Portfolio

    By Ken McGaha - April 15, 2013 | Tickers: CBI, FWLT, PWR

    Industrial and infrastructure construction is a complex and very difficult business. The projects are large, varied, and can take years to complete. Moreover, the demand for these services can shift wildly due to fluctuations in economic growth rates and government spending levels dedicated to infrastructure improvements. Those businesses that have learned to manage these difficulties are uniquely positioned to prosper for years into the future.

    Infrastructure maintenance is critical to more »

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