Babcock & Wilcox (BWC) is an industrials company, which provides specialized components to the nuclear power industry. The company has been in existence for over 140 years and provides its products primarily to the government and utilities companies. Babcock & Wilcox was spun-off of McDermott International (NYSE:MDR) in June 2010, and the company has existed as an independent entity ever since.
The company operates in four segments. In the Power Generation segment, the company provides boilers fired by fossil fuels and related environmental equipment and peripheral equipment to power plants and other industrial clients. The company also engineers, erects and services the equipment. The profitability of this segment is dependent on commodity prices across the various...
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