- Third Quarter GAAP EPS of $0.18, Adjusted EPS
of $0.24
- Renewable segment revenues increased 43%
- Completed original $100 Million Share
Repurchase Authorization
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW)
announced today third quarter 2016 revenues of $411.0 million, a
decrease of $9.0 million, or 2.1%, compared to the third quarter of
2015. The GAAP earnings per share for the third quarter of 2016 was
$0.18 compared to earnings per share of $0.11 for the third quarter
of 2015. Our adjusted earnings per share, which excludes
restructuring activities, acquisition and integration costs,
non-cash mark-to-market adjustments for pension and other
post-retirement benefits, and spin-off transaction costs, was $0.24
for the three months ended September 30, 2016 compared to
adjusted earnings per share of $0.25 in the prior year period.
”We remain on track to achieve our forecasted results in 2016
despite some reluctance on the part of our power customers to
invest, and continue to expect strength moving into 2017 as we
remain focused on revenue diversification, margin improvement and
excellence in project execution," said Mr. E. James Ferland,
Chairman and Chief Executive Officer.
Results of Operations
Consolidated revenues for the third quarter of 2016 were $411.0
million, a decrease of $9.0 million, compared to $420.0 million for
the third quarter of 2015, due primarily to decreased volume in our
Power segment partially offset by an increase in revenues from our
Renewable segment and contributions from newly acquired B&W
SPIG within our Industrial segment. The GAAP operating income for
the third quarter of 2016 was $11.1 million as compared to
operating income of $9.6 million in the third quarter of 2015. The
adjusted operating income in the third quarter of 2016 was $15.0
million, a decrease of $6.9 million compared to adjusted operating
income of $21.9 million in the third quarter of 2015, due to lower
volume in our Power segment and accelerated intangible amortization
expense related to the acquisition of B&W SPIG, partially
offset by higher gross profit margin in the Power segment and
reductions in overhead costs.
Third quarter 2016 revenues for the Power segment decreased 29%
to $209.8 million compared to $294.2 million in revenues in the
prior year period. Revenues decreased as a result of lower oil
sands work in Canada and lower power plant retrofit activity. Gross
profit in the Power segment in the third quarter 2016 was $48.9
million, compared to $47.6 million in the prior year period. Gross
profit margin improved year over year as a result of good project
performance and benefits from our restructuring activities in the
third quarter of 2016, while a litigation settlement and a contract
loss impacted the third quarter of 2015.
Revenues in the Renewable segment were $124.3 million for the
third quarter of 2016, versus $86.9 million in the corresponding
period in 2015, an increase of $37.4 million driven by an increased
level of activity on our renewable energy contracts compared to the
prior year. The Renewable segment gross profit of $18.6 million in
the third quarter of 2016 was $1.1 million higher than the $17.5
million gross profit reported in the prior year third quarter due
to the increased volume. "We would normally expect higher gross
margin from our Renewable segment, but in the short term we
continue to recognize revenue from our challenged European
renewable contract at zero gross profit margin," said Ferland.
"During the third quarter, the net estimated costs to complete the
project improved by $1.0 million with site productivity related
cost increases more than offset by a probable project related
insurance recovery. Ramp down of construction activities on the
site is underway, and will continue into early 2017 as we complete
key milestones on this project."
The Industrial segment contributed $76.8 million in revenues for
the third quarter of 2016 compared to $38.9 million in the third
quarter of 2015, an increase of $37.9 million due to the addition
of B&W SPIG, our global cooling system and services business,
which we acquired on July 1, 2016. Gross profit in the Industrial
segment was $14.6 million in the third quarter of 2016, a $1.2
million increase compared to $13.4 million in the prior year
period. B&W SPIG contributed $4.2 million of gross profit in
the segment. The B&W MEGTEC division gross profit was $10.4
million, $3.0 million lower than the prior year due to a change in
revenue mix.
Liquidity
The Company’s cash and cash equivalents balance, net of
restricted cash, decreased $185.9 million for the quarter to $65.1
million at the end of the third quarter of 2016, which was mainly
driven by the purchase of SPIG S.p.A for approximately $172 million
and $25.9 million of share repurchases. We had outstanding balances
totaling $44.7 million on our revolving credit facilities as of
September 30, 2016, which includes foreign revolving debt acquired
with B&W SPIG.
Share Repurchase Program
The Company repurchased 1.6 million shares of our common stock
for $25.9 million during the third quarter of 2016 under a $100
million share repurchase program that was authorized in 2015 by the
Board of Directors. We completed the program on September 30, 2016
having purchased 5.4 million shares since July 1, 2015. On August
4, 2016, a new $100 million share repurchase authorization was
established and it remains available.
2016 Outlook
Revenue guidance for 2016 is reduced from $1.8 billion to $1.7
billion due to challenging Industrial and Power markets. The
Company reaffirms adjusted EPS guidance of $0.63 to $0.83. Adjusted
EPS excludes restructuring activities, acquisition and integration
costs, non-cash mark-to-market adjustments for pension and other
post-retirement benefits, and spin-off transaction costs. As more
fully described in Exhibit 1, Management is unable to reconcile
without unreasonable effort the Company's forecasted range of
adjusted EPS for the full year to a comparable GAAP range.
Conference Call to Discuss Third Quarter 2016 Results
Date: Thursday, November 3, 2016, at 8:30 a.m. ESTLive
Webcast: Investor Relations section of website at
www.babcock.com
Forward-Looking Statements
B&W cautions that this release contains forward-looking
statements, including, without limitation, statements relating to
our strategic objectives; management’s expectations regarding the
industries in which we operate; our guidance and forecasts for
2016; our projected operating margin improvements, savings and
restructuring costs; project execution; and growth through
acquisitions. These forward-looking statements are based on
management’s current expectations and involve a number of risks and
uncertainties, including, among other things, our ability to
realize anticipated savings and operational benefits from our
restructuring plan; our ability to successfully integrate SPIG and
realize the expected synergies from the acquisition; our ability to
realize the benefits of expected cross-selling opportunities from
the SPIG acquisition; changes in the jurisdictional mix of our
income and losses; disruptions experienced with customers and
suppliers; the inability to retain key personnel; adverse changes
in the industries in which we operate; delays, changes or
termination of contracts in backlog; the timing and amount of
repurchases of our common stock, if any; and the inability to grow
and diversify through acquisitions. If one or more of these risks
or other risks materialize, actual results may vary materially from
those expressed. For a more complete discussion of these and other
risk factors, see B&W’s filings with the Securities and
Exchange Commission, including our most recent annual report on
Form 10-K and subsequent quarterly reports on Form 10-Q. B&W
cautions not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release, and
undertakes no obligation to update or revise any forward-looking
statement, except to the extent required by applicable law.
About B&W
Headquartered in Charlotte, N.C., Babcock & Wilcox is a
global leader in energy and environmental technologies and services
for the power and industrial markets. B&W companies employ
approximately 5,700 people around the world. Follow us on Twitter
@BabcockWilcox and learn more at www.babcock.com.
Exhibit 1
Babcock & Wilcox Enterprises,
Inc.
Reconciliation of Non-GAAP Operating
Income and Earnings Per Share(1)(2)
(In millions, except per share
amounts)
Three Months Ended September 30, 2016 GAAP
Restructuring
AcquisitionandIntegrationCosts
Pension &OPEB MTM
(Gain) /Loss
SpinCosts
Non-GAAP Operating income (loss) $11.1 $2.0
$0.8 $0.6 $0.4 $15.0 Other income
(expense) (0.5) — — — — (0.5) Income tax (expense) benefit (1.6)
(0.7) 0.2 (0.2) — (2.4) Net
income (loss) $9.0 $1.3 $1.0 $0.5 $0.4 $12.1 Net loss attributable
to non-controlling interest (0.1) — — —
— (0.1) Net income (loss) attributable to shareholders $8.9
$1.3 $1.0 $0.5 $0.4 $12.0
Diluted EPS - continuing operations $0.18 $0.03 $0.02 $0.01 $0.01
$0.24 Income tax rate 15.2% 16.3%
Three Months Ended September 30, 2015 GAAP
LitigationSettlement
Spin Costs
Restructuring Non-GAAP Operating income
(loss) $9.6 $9.6 $1.6 $1.1 $21.9 Other
income (expense) (1.6) — — — (1.6) Income tax (expense) benefit
(1.8) (3.7) (0.6) (0.4) (6.5) Net
income (loss) $6.3 $5.8 $1.0 $0.7 $13.8 Net loss attributable to
non-controlling interest (0.1) — — —
(0.1) Net income (loss) attributable to shareholders $6.2
$5.8 $1.0 $0.7 $13.7 Diluted EPS -
continuing operations $0.11 $0.11 $0.02 $0.01 $0.25 Income
tax rate 22.0% 32.1%
Nine Months Ended September
30, 2016 GAAP Restructuring
Pension &OPEB MTM
(Gain) / Loss
Spin Costs
AcquisitionandIntegrationCosts
Non-GAAP Operating income (loss) $(44.2) $34.6
$30.5 $3.4 $2.8 $27.1 Other income
(expense) (0.4) — — — — (0.4) Income tax (expense) benefit 0.8
0.4 (11.1) 0.3 (0.6) (10.3) Net
income (loss) $(43.8) $35.0 $19.4 $3.7 $2.2 $16.5 Net loss
attributable to non-controlling interest (0.3) — —
— — (0.3) Net income (loss) attributable to
shareholders $(44.1) $35.0 $19.4 $3.7
$2.2 $16.2 Diluted EPS - continuing operations
$(0.87) $0.69 $0.38 $0.07 $0.04 $0.32 Income tax rate 1.8%
38.4%
Nine Months Ended September 30, 2015
GAAP
LitigationSettlement
Impairments Restructuring
NE SgmtAllocation
Spincosts
Non-GAAP Operating income (loss) $31.8 $9.6
$9.0 $8.7 $2.7 $2.5 $64.3 Other
income (expense) (1.7) — — — — — (1.7) Income tax (expense) benefit
(8.4) (3.7) (3.4) (3.1) (0.7)
(1.0) (20.3) Net income (loss) $21.8 $5.8 $5.6 $5.6 $2.0
$1.6 $42.3 Net loss attributable to non-controlling interest (0.2)
— — — — — (0.2) Net
income (loss) attributable to shareholders $21.5 $5.8
$5.6 $5.6 $2.0 $1.6 $42.1
Diluted EPS - continuing operations $0.40 $0.11 $0.10 $0.10 $0.04
$0.03 $0.78 Income tax rate 27.8% 32.5%
(1) Figures may not be clerically accurate due to rounding.
(2) B&W is providing non-GAAP information regarding certain
of its historical results and guidance on future earnings per share
to supplement the results provided in accordance with GAAP, and it
should not be considered superior to, or as a substitute for, the
comparable GAAP measures. B&W believes the non-GAAP measures
provide meaningful insight into the Company’s operational
performance and provides these measures to investors to help
facilitate comparisons of operating results with prior periods and
to assist them in understanding B&W’s ongoing operations.
2016 Outlook
Management has provided full year adjusted earnings per diluted
share ("adjusted EPS") guidance of $0.63 to $0.83. It is not
possible for management to identify the amount or significance of
future adjustments associated with potential mark to market
adjustments to our pension and other postretirement benefit plan
liabilities or other non-routine costs that we adjust in our
presentation of adjusted EPS guidance. These items are dependent on
future events and/or market inputs that are not reasonably
estimable at this time. Accordingly, management is unable to
reconcile without unreasonable effort the Company's forecasted
range of adjusted EPS for the full year included in the 2016
Outlook section of this earnings release to a comparable GAAP
range. However, items excluded from our adjusted EPS guidance
include the historical adjustments noted in the tables above, and
our adjusted EPS guidance also excludes future estimable adjusting
items, including charges relating to previously announced
restructuring initiatives of $0.08-$0.16 per share, additional spin
costs of approximately $0.01 per share and additional acquisition
and integration costs of approximately $0.01 per share.
Exhibit 2
Babcock & Wilcox Enterprises,
Inc.
Condensed Consolidated and Combined
Statements of Operations(1)
(In millions, except per share
amounts)
Three Months Ended Nine Months Ended
September 30, September 30, 2016
2015 2016 2015 Revenues
$ 411.0 $ 420.0 $
1,198.3 $ 1,254.6 Costs and expenses:
Cost of operations 337.2 342.1 1,018.3 1,011.4 Research and
development costs 2.4 4.0 8.3 12.5 Losses on asset disposals and
impairments, net — — — 9.0 Selling, general and administrative
expenses 60.7 62.6 182.8 178.5 Restructuring activities and
spin-off transaction costs 2.4 2.7 38.0
11.3 Total costs and expenses 402.6 411.4
1,247.4 1,222.7 Equity in income (loss) of investees 2.8
1.0 4.9 (0.1 )
Operating
income (loss) 11.1 9.6 (44.2 )
31.8 Other income (expense): Interest income 0.1 0.1 0.7 0.4
Interest expense (0.4 ) (0.4 ) (1.2 ) (0.7 ) Other – net (0.2 )
(1.3 ) 0.1 (1.4 ) Total other income
(expense) (0.5 ) (1.6 ) (0.4 ) (1.7 ) Income
(loss) before income tax expense 10.6 8.1 (44.6 ) 30.1 Income tax
expense (benefit) 1.6 1.8 (0.8 )
8.4 Income (loss) from continuing operations 9.0 6.3 (43.8 )
21.8 Income from discontinued operations, net of tax —
— — 2.8 Net income (loss)
9.0 6.3 (43.8 ) 24.6 Net income attributable to noncontrolling
interest (0.1 ) (0.1 ) (0.3 ) (0.2 )
Net
income (loss) attributable to shareholders $ 8.9
$ 6.2 $
(44.1 ) $ 24.3
Amounts attributable to shareholders: Income (loss) from continuing
operations $ 8.9 $ 6.2 $ (44.1 ) $ 21.5 Income from discontinued
operations, net of tax — — —
2.8 Net income (loss) attributable to shareholders $
8.9 $ 6.2 $ (44.1 ) $ 24.3
Basic earnings (loss) per share - continuing
operations $ 0.18 $ 0.11 $ (0.87 ) $ 0.40 Basic earnings per share
- discontinued operations — — —
0.05 Basic earnings (loss) per share $ 0.18
$ 0.11 $ (0.87 ) $ 0.45
Diluted earnings (loss) per share - continuing operations $ 0.18 $
0.11 $ (0.87 ) $ 0.40 Diluted earnings per share - discontinued
operations — — — 0.05
Diluted earnings (loss) per share $ 0.18 $
0.11 $ (0.87 ) $ 0.45 Shares
used in the computation of earnings per share: Basic 49.6 53.8 50.6
53.6 Diluted 49.9 53.8 50.6 53.7
(1) Figures may not be clerically accurate due to rounding.
Exhibit 3
Babcock & Wilcox Enterprises,
Inc.
Condensed Consolidated and Combined
Balance Sheets(1)
(In millions, except per share amount)
September 30, 2016 December 31, 2015 Cash and
cash equivalents $ 65.1 $ 365.2 Restricted cash and cash
equivalents 28.9 37.1 Accounts receivable – trade, net 304.4 291.2
Accounts receivable – other 66.8 44.8 Contracts in progress 168.6
128.2 Inventories 99.5 90.1 Other current assets 39.4 21.5
Total current assets 772.6 978.2 Property, plant and
equipment - gross 336.9 330.0 Accumulated depreciation (197.9 )
(184.3 ) Net property, plant and equipment 139.0 145.7 Goodwill
271.3 201.1 Deferred income taxes 185.5 190.7 Investments in
unconsolidated affiliates 113.4 92.2 Intangible assets 82.0 37.8
Other assets 15.3 17.4
Total assets $
1,579.2 $ 1,663.0
Revolving debt $ 44.7 $ 2.0 Accounts payable 190.2 175.2 Accrued
employee benefits 46.9 51.5 Advance billings on contracts 169.2
229.4 Accrued warranty expense 45.0 39.8 Other accrued liabilities
65.6 63.5 Total current liabilities 561.6 561.4
Accumulated postretirement benefit obligations 28.3 27.8 Pension
liabilities 293.6 282.1 Other liabilities 53.3 43.4
Total liabilities 936.8 914.6 Commitments and
contingencies Stockholders' equity: Common stock, par value $0.01
per share, authorized 200.0 shares; issued 48.7 and 52.5 shares at
September 30, 2016 and December 31, 2015, respectively 0.5 0.5
Capital in excess of par value 804.4 790.5 Treasury stock at cost,
5.6 and 1.4 shares at September 30, 2016 andDecember 31, 2015,
respectively (103.8 ) (25.4 ) Retained earnings (deficit) (43.1 )
1.0 Accumulated other comprehensive loss (24.2 ) (18.9 )
Stockholders' equity attributable to shareholders 633.8 747.7
Noncontrolling interest 8.6 0.7
Total
stockholders' equity 642.4 748.4
Total liabilities and stockholders' equity $
1,579.2 $ 1,663.0
(1) Figures may not be clerically accurate due to rounding.
Exhibit 4
Babcock & Wilcox Enterprises,
Inc.
Condensed Consolidated and Combined
Statements of Cash Flows(1)
(In millions)
Nine Months Ended September 30, 2016
2015 Cash flows from operating activities: Net income
(loss) $ (43.8 ) $ 24.6 Non-cash items included in net income
(loss): Depreciation and amortization 27.4 28.9 (Income) loss of
equity method investees, net of dividends (4.9 ) 0.1 Losses on
asset disposals and impairments 14.9 11.3 Write off of accrued
claims receivable, net — 7.8 Provision for (benefit from) deferred
taxes (7.6 ) (1.5 ) Recognition of (gains) losses for pension and
postretirement plans 30.6 0.3 Stock-based compensation charges and
excess tax benefits 13.9 2.5 Changes in assets and liabilities:
Accounts receivable 49.1 (23.2 ) Accrued insurance receivable (15.0
) — Contracts in progress and advance billings on contracts (54.0 )
48.5 Inventories (8.0 ) 0.5 Income taxes 6.3 (12.2 ) Accounts
payable (32.4 ) (7.8 ) Accrued and other current liabilities (3.7 )
26.9 Pension liabilities, accrued postretirement and employee
benefits (21.2 ) (7.1 ) Other, net 8.6 (6.5 ) Net cash from
operating activities (39.8 ) 93.0 Cash flows from investing
activities: Decrease in restricted cash and cash equivalents 8.3
1.6 Investment in equity method investees (26.2 ) — Purchases of
property, plant and equipment (20.4 ) (21.9 ) Acquisition of
business, net of $26 million cash acquired (143.0 ) — Purchases of
available-for-sale securities (30.7 ) (9.9 ) Sales and maturities
of available-for-sale securities 21.0 6.0 Other (0.6 ) (0.8 ) Net
cash from investing activities (191.6 ) (25.0 ) Cash flows from
financing activities Borrowings under our revolving credit
facilities 75.5 — Repayments of our revolving credit facilities
(42.2 ) — Repayments of SPIG revolving credit facilities after
acquisition (18.3 ) — Net transfers from former Parent — 80.6
Repurchase of shares of common stock (78.4 ) (1.3 ) Other (1.2 )
(0.3 ) Net cash from financing activities (64.6 ) 79.1
Effects of exchange rate changes on cash (4.1 ) (6.4 ) Cash flows
from continuing operations (300.1 ) 140.7 Operating cash flows from
discontinued operations — (25.2 ) Net increase (decrease) in
cash and equivalents (300.1 ) 115.5 Cash and equivalents, beginning
of period 365.2 218.7 Cash and equivalents, end of
period $ 65.1 $ 334.2
(1) Figures may not be clerically accurate due to rounding.
Exhibit 5
Babcock & Wilcox Enterprises,
Inc.
Segment Information(1)
(In millions)
Three Months Ended Nine Months Ended
SEGMENT RESULTS: September 30, September 30,
2016 2015 2016
2015 REVENUES: Power $ 209.8 $ 294.2 $ 757.4 $
907.9 Renewable 124.3 86.9 293.6 223.4 Industrial 76.8 38.9
147.3 123.4 410.9 420.0 1,198.3
1,254.6 GROSS PROFIT: Power 48.9 47.6 170.9
176.3 Renewable 18.6 17.5 14.5 36.6 Industrial 14.6 13.4 33.5 37.5
Intangible asset amortization (7.8 ) (0.5 ) (8.8 ) (7.2 ) Mark to
market adjustment included in cost of operations (0.6 ) — (30.1 ) —
Three Months Ended Nine Months Ended
September 30, September 30, 2016
2015 2016 2015 AMORTIZATION
EXPENSE Power 0.3 0.3 0.8 0.9 Renewable 0.4 0.2 0.9 1.0 Industrial
8.1 0.9 10.2 8.0 8.8 1.4
11.9 9.9 DEPRECIATION EXPENSE Power 2.4 (0.2 ) 7.6
15.0 Renewable 0.3 0.4 1.0 1.0 Industrial 0.8 0.1 1.1 1.0 Corporate
2.7 5.7 5.8 1.9 6.2 6.0
15.5 19.0
Three Months Ended Nine
Months Ended BOOKINGS: September 30, September
30, 2016 2015 2016
2015 Power $ 198 $ 182 $ 623 $ 663 Renewable (2 ) 201 124
643 Industrial 70 35 133
143 $ 266 $ 418 $ 880
$ 1,449
BACKLOG: As of September
30, 2016 2015 Power $ 668 $ 791 Renewable
1,289 1,559 Industrial 233 92 $ 2,190
$ 2,442 (1) Figures may not be clerically
accurate due to rounding.
Exhibit 6Babcock & Wilcox Enterprises,
Inc.Recast Historical Financial Information(1)(In
millions)
During the third quarter of 2016, B&W changed its operating
segments. The amounts in the schedule below have been restated to
reflect the historical financial information in the new operating
segments.
Three months ended:
September 30, June 30, March
31, December 31, September 30,
June 30, March 31, 2016
2016 2016 2015
2015 2015 2015 REVENUES:
Power $ 209.8 $ 259.7 $ 287.9 $ 327.1 $ 294.2 $ 317.7 $ 296.0
Renewable 124.3 85.5 83.8 115.2 86.9 76.4 60.0 Industrial 76.8
38.0 32.5 60.3
38.9 43.4 41.1 410.9
383.2 404.2 502.6
420.0 437.5 397.1
GROSS PROFIT: Power $ 48.9 $ 62.5 $ 59.5 $ 71.4 $ 47.6 $
64.3 $ 64.3 Renewable 18.6 (17.5 ) 13.4 21.1 17.5 9.0 10.1
Industrial 14.6 11.1 7.8 17.3 13.4 11.8 12.4 Intangible asset
amortization (7.8 ) (0.6 ) (0.5 ) (0.5 ) (0.5 ) (3.2 ) (3.5 ) Mark
to market adjustments (0.6 ) (29.5 ) — (44.3 ) — — —
AMORTIZATION EXPENSE: Cost of operations $ 7.8 $ 0.6 $ 0.5 $
0.5 $ 0.5 $ 3.2 $ 3.5 SG&A 1.0 1.0
1.0 1.0 0.9 0.7
1.1 8.8 1.6 1.5
1.5 1.4 3.9 4.6
DEPRECIATION EXPENSE: Cost of operations $ 3.0
$ 2.5 $ 2.8 $ 2.3 $ 4.0 $ 5.2 $ 6.3 SG&A 3.2 2.0
2.0 2.2 2.0
0.8 0.7 6.2 4.5
4.8 4.5 6.0 6.0
7.0
BOOKINGS: Power $ 198.4 $ 160.6 $
263.6 $ 339.3 $ 181.6 $ 182.4 $ 298.6 Renewable (1.7 ) 21.1 104.4
14.9 201.1 64.8 376.7 Industrial 69.6 31.1
32.5 35.1 35.0
52.2 55.8 266.3 212.8
400.5 389.3 417.7
299.4 731.1
BACKLOG: Power $
668.1 $ 679.5 $ 778.6 $ 803.0 $ 790.8 $ 903.4 $ 1,038.8 Renewable
1,288.6 1,414.7 1,479.0 1,458.4 1,558.6 1,444.4 1,456.0 Industrial
232.9 59.6 66.5 66.5
91.8 95.7 86.9
2,189.6 2,153.8 2,324.1
2,327.9 2,441.2 2,443.5
2,581.7
(1) Figures may not be clerically accurate due to rounding.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161102006548/en/
Investor Contact:Babcock & WilcoxJude Broussard,
704-625-4944Vice President, Investor
Relationsinvestors@babcock.comorMedia Contact:Babcock &
WilcoxRyan Cornell, 330-860-1345Public
Relationsrscornell@babcock.com
Babcock and Wilcox Enter... (NYSE:BW)
Historical Stock Chart
From Mar 2024 to Apr 2024
Babcock and Wilcox Enter... (NYSE:BW)
Historical Stock Chart
From Apr 2023 to Apr 2024