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Primoris Services (NYSE:PRIM) said Wednesday its energy segment received several awards with a combined value of more than $650M.
The company said the awards are spread across six states and “include a diverse number of projects from state-of-the-art natural gas power generation plants that provide critical generation capacity in peak usage conditions to the highways and bridges that connect our communities.”
Primoris (PRIM) said it expects all the projects will begin work in Q2 and Q3, but it did not disclose any further specifics.
The stock ended regular trading +3.2%, and its intraday high of $30.31 was its best level in nearly two years.
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Image and article originally from seekingalpha.com. Read the original article here.