{
  "docId": "019dd923-622b-71dc-a6da-8838cac54105",
  "docSlug": "385560c2d7f5",
  "documentTitle": "Fluor Corporation (FLR)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 15,
  "pageCount": 35,
  "prevPage": 14,
  "nextPage": 16,
  "slideType": "competitive_analysis",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses a visual contrast between 'Prior EPCM Players' (greyed out/categorized by distress/exit) and 'Current EPCM Players' (highlighted in green).",
  "elementsJson": [
    "headline_text",
    "subtitle_text",
    "logo_grid",
    "callout_box",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6da-8838cac54105/15",
  "deckHref": "/decks/019dd923-622b-71dc-a6da-8838cac54105",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6da-8838cac54105.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6da-8838cac54105#slide-15",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "We believe Fluor is well-positioned, with far fewer competitors for full-service, integrated EPCM contracts",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-fb90-708a-8675-6429e310e88c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.94,
        "x": 0.03,
        "y": 0.28
      },
      "kind": "image",
      "text": "Logos of various construction and engineering firms",
      "attrs": null,
      "subkind": "logo-grid",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dcdc62e3-1550-44e8-99eb-fb0eb06fe0be",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.94,
        "x": 0.03,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "Source: Public company filings, company websites. Starboard has identified the “Prior EPCM Players” listed above as the relevant peer group...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8b8600fa-a41c-402b-bd27-c85dc5669321",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.94,
        "x": 0.03,
        "y": 0.13
      },
      "kind": "subtitle",
      "text": "As competitors have left the construction market, Fluor remains one of the few capable of delivering full end-to-end EPC.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a1526677-0048-4e68-b663-8b7d17fe47d8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.94,
        "x": 0.03,
        "y": 0.86
      },
      "kind": "title",
      "text": "We believe Fluor is well-positioned, with far fewer competitors for full-service, integrated EPCM contracts",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4b3ac82d-8b43-4ce7-b3ed-e95f2526c019",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.94,
        "x": 0.03,
        "y": 0.06
      },
      "kind": "title",
      "text": "Today, Fluor Is One of the Few Remaining Full-Service EPCM Providers",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4421277c-832d-4254-9669-b7db776b50d3",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "2x2 matrix",
      "slug": "matrix-2x2",
      "agent": null,
      "layer": "slide",
      "matchId": "1d7df806-406b-471e-a748-c2b0d46c73ba",
      "evidence": "image/logo-grid: Logos of various construction and engineering firms",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "competitive-landscape",
      "slug": null,
      "matchId": "e05d3be2-9bab-44db-a2ec-5ef80874adea",
      "evidence": "Categorization of market players into current and prior/exited groups.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}