Primoris Services Corporation Receives Projects Valued at Approximately $1.1 Billion
Primoris Services Corporation (PRIM)
Last primoris services corporation earnings: 2/25 06:30 am
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Source: Business Wire
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced several awards with a combined value of approximately $1.1 billion secured by the Company’s Energy Segment. The awards included more than $700 million for engineering, procurement and construction of utility-scale solar projects secured in the fourth quarter of 2023 and a natural gas repowering project with battery energy storage valued at more than $350 million awarded in the first quarter of 2024.“Our strong client relationships and execution expertise continue to drive growth in our backlog of projects in the Energy segment,” said Tom McCormick, President and Chief Executive Officer of Primoris. “These awards span across three states and will help to meet the energy needs of thousands of homes in the communities we serve. I am pleased with the hard work and dedication of our teams to close out 2023 with a deep backlog of projects and for starting 2024 on the right track.”
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News
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- Is Primoris Services Corporation's (NYSE:PRIM) Recent Stock Performance Influenced By Its Fundamentals In Any Way? [Yahoo! Finance]Yahoo! Finance
- Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call and Webcast [Yahoo! Finance]Yahoo! Finance
- Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call and WebcastBusiness Wire
- Primoris Services Co. (NASDAQ: PRIM) had its price target raised by analysts at UBS Group AG from $44.00 to $63.00. They now have a "buy" rating on the stock.MarketBeat
PRIM
Earnings
- 2/26/24 - Beat
PRIM
Sec Filings
- 5/3/24 - Form 8-K
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- PRIM's page on the SEC website