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Babcock & Wilcox Enterprises, Inc. Common Stock (BW)

0.4013
-0.0861 (-17.67%)
NYSE · Last Trade: Apr 3rd, 11:04 PM EDT
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Competitors to Babcock & Wilcox Enterprises, Inc. Common Stock (BW)

Fluor Corporation FLR -8.73%

In the engineering and construction segment, Babcock & Wilcox and Fluor compete for contracts in energy and industrial infrastructure projects. Fluor’s extensive experience in large-scale projects and its global footprint allow it to undertake more substantial contracts than Babcock & Wilcox. While Babcock focuses heavily on specific segments such as energy production, Fluor’s broader capabilities in project management and execution give it a competitive advantage in the marketplace.

General Electric Company GE -6.08%

Babcock & Wilcox and General Electric compete primarily in the energy sector, particularly in providing boiler and energy systems solutions. GE has a broader portfolio that includes renewable energy technologies and a more extensive global reach, which allows it to attract a diverse client base. While Babcock & Wilcox focuses more on specialized solutions for traditional energy production and industrial applications, GE's larger scale and innovation in renewable energy give it a competitive advantage in the evolving energy market.

McDermott International, Inc.

Both Babcock & Wilcox and McDermott are involved in the construction and engineering of energy facilities, particularly in oil, gas, and power generation sectors. McDermott holds a strong position in offshore construction, while Babcock & Wilcox is more centered on boiler technologies and energy systems. Despite Babcock's strengths in specialized engineering, McDermott's comprehensive services and capabilities in offshore and complex projects present a competitive advantage.

Siemens AG SIEGY -7.38%

Babcock & Wilcox competes with Siemens in the areas of power generation and industrial services. Siemens benefits from a strong emphasis on digitalization and automation solutions within energy systems, positioning itself as a leader in smart grid technology. While Babcock & Wilcox offers reliable and specialized boiler technologies, Siemens’ leverage of advanced technology and its diversified services across multiple industrial sectors provides it a significant competitive edge.