KBR will provide FEED services for the Live Oak project, producing e-methane in Nebraska for export to Japan.
Quiver AI Summary
KBR has been chosen by the Live Oak consortium, which includes TotalEnergies and others, to provide front-end engineering design services for the Live Oak project in Norfolk, Nebraska. This initiative aims to advance large-scale electric natural gas (e-NG) production in the U.S. and is expected to begin commercial operations by 2030, contingent on a Final Investment Decision in 2027. The project will utilize renewable hydrogen from water electrolysis alongside captured biogenic carbon dioxide to create synthetic methane, which can be integrated into existing LNG infrastructure. KBR's role reflects its expertise in energy transition technologies.
Potential Positives
- KBR has been selected to provide front-end engineering design (FEED) services for a significant project in partnership with the Live Oak consortium, enhancing its position in the energy transition space.
- The Live Oak project aims to develop large-scale electric natural gas production, supporting growing demand for lower-carbon energy solutions in the U.S.
- KBR's involvement reflects its proven capabilities in delivering large-scale energy transition projects and expertise in hydrogen and electrolysis technologies.
- The project may lead to commercial operations by 2030, offering potential future revenue and market expansion opportunities for KBR through e-NG exports.
Potential Negatives
- The press release heavily emphasizes the potential of the Live Oak project, but it is still subject to a Final Investment Decision in 2027, which introduces uncertainty and could impact KBR's future revenue and operational stability.
- The inclusion of a forward-looking statements disclaimer highlights numerous risks and uncertainties that could materially affect KBR's business and results, potentially shaking investor confidence.
- Being part of a consortium implies that KBR may have less control over project timelines and decisions, which could lead to dependency on the performance and decisions of partner companies.
FAQ
What is the Live Oak project in Nebraska?
The Live Oak project aims to produce electric natural gas (e-NG) using renewable hydrogen and biogenic carbon dioxide.
Who is involved in the Live Oak consortium?
The consortium includes TotalEnergies, Osaka Gas, Toho Gas, ITOCHU Corporation, and Tree Energy Solutions (TES).
When is the expected commercial operation start date for the project?
The project is scheduled to begin commercial operations by 2030, pending a Final Investment Decision in 2027.
What technologies will KBR use for the Live Oak project?
KBR will utilize approximately 250 MW of water electrolysis to generate renewable hydrogen for the production of e-NG.
How does e-NG integrate with existing natural gas infrastructure?
E-NG is chemically identical to conventional natural gas and can be integrated into existing LNG infrastructure without modifications.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KBR Insider Trading Activity
$KBR insiders have traded $KBR stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $KBR stock by insiders over the last 6 months:
- SHAD E. EVANS (EVP & Chief Financial Officer) purchased 8,375 shares for an estimated $256,275
- THAER LEWIS VON purchased 3,000 shares for an estimated $92,310
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$KBR Revenue
$KBR had revenues of $2B in Q2 2026. This is an increase of 1.64% from the same period in the prior year.
You can track KBR financials on Quiver Quantitative's KBR stock page.
You can access data on KBR stock through the Quiver Quantitative API.
$KBR Hedge Fund Activity
We have seen 200 institutional investors add shares of $KBR stock to their portfolio, and 233 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 2,455,644 shares (+517.9%) to their portfolio in Q2 2026, for an estimated $84,793,387
- WELLINGTON MANAGEMENT GROUP LLP removed 1,995,640 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $68,909,449
- INVESCO LTD. added 1,817,530 shares (+27.8%) to their portfolio in Q2 2026, for an estimated $62,759,310
- NEUBERGER BERMAN GROUP LLC added 1,790,200 shares (+63.2%) to their portfolio in Q2 2026, for an estimated $61,815,606
- DEPRINCE RACE & ZOLLO INC added 1,336,414 shares (+inf%) to their portfolio in Q2 2026, for an estimated $46,146,375
- ALLIANCEBERNSTEIN L.P. added 1,194,820 shares (+838.3%) to their portfolio in Q2 2026, for an estimated $41,257,134
- D. E. SHAW & CO., INC. removed 1,191,418 shares (-55.3%) from their portfolio in Q2 2026, for an estimated $41,139,663
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$KBR Price Targets
Multiple analysts have issued price targets for $KBR recently. We have seen 3 analysts offer price targets for $KBR in the last 6 months, with a median target of $40.0.
Here are some recent targets:
- Steven Fisher from UBS set a target price of $36.0 on 05/21/2026
- Andrew Kaplowitz from Citigroup set a target price of $50.0 on 05/06/2026
- Jerry Revich from Wells Fargo set a target price of $40.0 on 04/13/2026
Full Release
HOUSTON, Aug. 31, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been selected by Live Oak consortium to provide front-end engineering design (FEED) services for the proposed Live Oak project in Norfolk, Nebraska. The Live Oak consortium is an international partnership comprising TotalEnergies, Osaka Gas, Toho Gas, ITOCHU Corporation and Tree Energy Solutions (TES). The project represents a significant step forward in the development of large-scale electric natural gas (e-NG), also known as e-methane, production in the United States.
Subject to a Final Investment Decision in 2027, the project is scheduled to begin commercial operations by 2030, with plans to export e-NG to Japan.
KBR will execute the FEED scope for the facility, which is expected to produce e-NG using renewable hydrogen generated through approximately 250 MW of water electrolysis and biogenic carbon dioxide. The hydrogen and captured biogenic CO₂ will be combined to produce synthetic methane, supporting the growing demand for lower-carbon energy solutions. Chemically identical to conventional natural gas, e-NG can be seamlessly integrated into existing LNG infrastructure, including liquefaction, transportation, regasification, and distribution, without any alterations to consumer equipment.
“We are pleased to support the Live Oak consortium and its partners on this strategically important project,” said Jay Ibrahim, President, KBR Sustainable Technology Solutions. “This award reflects KBR’s proven ability to deliver large-scale energy transition projects, our deep expertise in hydrogen and electrolysis technologies, strong U.S. execution capabilities and successful track record supporting TotalEnergies worldwide. We look forward to helping advance one of the largest e-methane projects currently under development in North America.”
KBR continues to play a leading role in the global energy transition, delivering technologies, engineering services and project solutions across hydrogen, sustainable fuels, carbon management and low-carbon energy infrastructure.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people worldwide with customers in more than 85 countries and operations in over 28 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding KBR’s energy transition capabilities, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For further information, please contact:
Investors
Rachael Goldwait
Vice President, Investor Relations
713-753-5082
[email protected]
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
[email protected]
