PRIM - Primoris captures energy projects valued at $650M-plus

2023-06-07 18:16:08 ET

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.

More on Primoris Services:

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