Babcock & Wilcox Stock Surges Friday: What's Happening?

Shares of Babcock & Wilcox Enterprises Inc . (NYSE: BW ) are trading higher Friday afternoon as investors digest a $130 million utility contract alongside the company’s expanding footprint in AI data center power infrastructure .

Babcock & Wilcox stock is among today’s top performers.

Why is BW stock surging?

$130 Million Air Quality Award Supports Utility Baseload Demand Buying interest follows B&W’s announcement on Thursday, September 10, 2026, that it received a limited notice to proceed on an approximately $130 million air quality control project for a U.S. coal-fired power plant. Under the agreement, B&W will begin engineering, development, and long-lead procurement for environmental upgrades intended to help the facility meet stringent emissions reduction targets while supporting growing baseload grid re...