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JEC

Jacobs Engineering

$58.36

-0.02 (-0.03%)

07:50
10/11/17
10/11
07:50
10/11/17
07:50

Jacobs, Paqell sign THIOPAQ O&G sulfur recovery technology licensor agreement

Jacobs Engineering Group signed a sulfur recovery technology licensor agreement with Paqell, a joint venture between Shell Global Solutions and Paques, for use of its THIOPAQ O&G technology in refineries and gas treating facilities across the globe. This agreement positions Jacobs as the only gas treating and sulfur recovery licensing company to license THIOPAQ O&G to low capacity sulfur facility owners, providing a reduced capital expenditure operational expenditure option, which eliminates the chemical waste produced by alternative technologies. THIOPAQ O&G is a biological process which integrates gas purification with sulfur recovery in a single unit, resulting in high sulfur recovery levels at reduced installation and operating costs. This process involves sulfur components, such as mercaptans and hydrogen sulfides, being removed from a gas stream and converting them into biologically formed sulfur. Expanding Jacobs' Comprimo Sulfur Solutions technology portfolio, this biological process is becoming increasingly important to the industry as it looks for ways to reduce chemical waste which pose both environmental and safety hazards.

JEC Jacobs Engineering
$58.36

-0.02 (-0.03%)

02/22/17
ARGS
02/22/17
NO CHANGE
ARGS
Jacobs Engineering recent weakness creates buying opportunity, says Argus
Argus analyst John Eade says that Jacobs' stock has underperformed for the past two months, falling 2%. He says that the company's turnaround is continuing to progress, while it should benefit from the increased focus on infrastructure. The analyst keeps a Buy rating on the shares.
06/02/17
ARGS
06/02/17
NO CHANGE
ARGS
Jacobs Engineering weakness creates buying opportunity, says Argus
Argus analyst John Eade says that Jacobs is "showing signs of a turnaround" after the stock declined 3% over the last three months. He notes that the company reported better than expected Q2 results, and he thinks that it can benefit from infrastructure enhancement plans in the U.S., Canada, and Australia. The analyst recommends buying the shares.
08/03/17
SBSH
08/03/17
DOWNGRADE
Target $62
SBSH
Neutral
Jacobs Engineering downgraded to Neutral from Buy at Citi
Citi analyst Andrew Kaplowitz downgraded Jacobs Engineering to Neutral saying the price paid for CH2M is expensive and that the company's balance sheet is no longer a catalyst. The analyst lowered his price target for the shares to $62 from $66.
08/17/17
ARGS
08/17/17
NO CHANGE
ARGS
Jacobs Engineering weakness creates buying opportunity, says Argus
Argus analyst John Eade says that the underperformance by Jacobs over the past three months has created a buying opportunity. The analyst says that the company's performance is progressing, and he is upbeat about its turnaround strategy. Eade cut his price target on the shares to $62 from $72 and keeps a Buy rating on the stock.

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TSE

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TSE

Trinseo

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TSE

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$81.05

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16:46
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