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Stock impact report

Primoris Services Corporation Announces Pipeline Awards Valued Over $20 Million

Primoris Services Corporation (PRIM) 
Last primoris services corporation earnings: 2/25 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.primoriscorp.com
Company Research Source: GlobeNewswire
DALLAS, Feb. 08, 2018 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ:PRIM) (“Primoris” or “Company”) today announced three new pipeline construction awards valued over $20 million.  The contracts were secured by Primoris’ Rockford Corporation, part of the Pipeline and Underground segment.  One of these awards was signed in the fourth quarter of 2017 and will therefore be included in the 2017 year-end backlog calculation. All three projects are for natural gas pipelines, and they range in diameter from 6” to 20”.  The work is spread across the United States in Florida, Pennsylvania, and Washington.Two of the awards are from major energy infrastructure companies, and the third is from a local Public Utility District.Work is scheduled to commence in the first quarter of 2018, and completion is expected in the second quarter of 2018. ABOUT PRIMORIS Founded in 1960, Primoris, through various subsidiaries, has grown to become one of the largest publicly traded specialty cons Show less Read more
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