Babcock & Wilcox gains with additional $10 million contract
ReutersDec 18, 2025 1:50 PM
Shares of energy tech company Babcock & Wilcox Enterprises BW.N up 4.1% at $4.83 premarket after its Canadian unit secures an additional $10 million contract
The contract, awarded by Irving Pulp & Paper, involves installing boiler equipment as part of a $20 million upgrade at a mill in Saint John, New Brunswick
The project, scheduled for installation during the mill's Spring 2026 outage, will enhance the boiler's temperature capabilities to support future turbine installation
As of last close, BW up ~183% YTD
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