Centuri Holdings, Inc. reports news on its North American utility and energy infrastructure services business, including work for regulated utilities across the United States and Canada. Company updates commonly cover financial results, backlog, bookings, customer awards, and Master Service Agreements tied to natural gas distribution, electric transmission and distribution, smart utility infrastructure, storm restoration, and related construction and maintenance services.
Centuri news also includes strategic initiatives, renewable-energy infrastructure collaborations through operating platforms such as Riggs Distler and Connect Utility Services, capital actions, acquisitions that expand service capabilities, and board or executive governance changes.
Aemetis (AMTX) has completed construction and started operating two additional dairy biogas digesters through its Aemetis Biogas subsidiary. Its network now includes 14 digesters receiving manure from 17 dairy facilities, expected to produce about 600,000 MMBtu per year of renewable natural gas (RNG). Aemetis has signed agreements with 50 dairies to install digesters.
The company expects to finish its first RNG fueling station in Keyes, California, in the next few weeks, with truck-fleet deliveries scheduled for November 2026. It plans to sell fuel for less than $2 per diesel gallon equivalent. Seven Low Carbon Fuel Standard pathways are approved, with six more nearing approval. Aemetis Biogas generated $22.8 million in Section 45Z tax credits through August 2026, yielding $62 of revenue per MMBtu from tax-credit sales. California low-carbon fuel credit prices rose from $42 in July 2025 to approximately $90 in October 2026.
Centuri Holdings (CTRI) will report third-quarter 2026 results before market open on November 5, 2026, followed by an earnings call. The call begins at 10:00 AM ET / 8:00 AM MST, with President and CEO Christian Brown and CFO Kelly Youngblood discussing financial results and business highlights.
A live webcast will be available on Centuri’s investor relations website. A replay will be available approximately two hours after the call ends and remain accessible for one year.
Centuri (CTRI) appointed Michael Christy executive vice president and group development officer to lead strategy development and its non-union electric businesses.
Christy will assess end-market opportunities, align company capabilities with customer demand, and oversee groupwide sales and business development processes. His role includes work on customer relationships and organic growth, as well as identifying potential tuck-in acquisitions under Centuri's Vision One Centuri strategy. He most recently served as executive vice president of strategy and president of Pike Electric West at Pike Enterprises.
Centuri Holdings (CTRI) will participate in the Morgan Stanley 14th Annual Laguna Conference on September 17, 2026. Chief Executive Officer Christian Brown and Chief Financial Officer Kelly Youngblood are scheduled for a fireside chat during the event. A live audio webcast of the session and an updated investor presentation will be accessible via the Investor Relations section of Centuri’s website. A replay of the webcast will be archived on the site and made available following the conclusion of the event.
Centuri (NYSE: CTRI) announced more than $475 million in new commercial awards, supporting its Vision One Centuri strategy. About 81% of the value comes from new or expanded Master Services Agreements and projects, with 19% from renewals with long‑tenured customers.
The awards span a hyperscale data center project tied to the recent JJ White acquisition, a third phase of complex natural gas infrastructure upgrades, rebuilding 23 miles of electric transmission line for a new customer, and installing about 14 miles of natural gas pipeline. Including these, year‑to‑date 2026 commercial awards total roughly $2.6 billion.
Centuri Holdings (NYSE: CTRI) announced executive leadership changes, appointing Kelly Youngblood as Executive Vice President and Chief Financial Officer and Danielle Hunter as Executive Vice President, Chief Legal & Administrative Officer and Corporate Secretary, effective immediately. Youngblood succeeds Gregory A. Izenstark and brings over 30 years of global energy services and industrial distribution experience, including senior roles at DNOW and MRC. Hunter succeeds Jason S. Wilcock and has more than 15 years of public company executive leadership in the energy industry, most recently serving as President of Berry Corporation. According to Centuri, these appointments support its Vision One Centuri transformation and growth strategy.
Centuri (NYSE: CTRI) reported second quarter 2026 revenue of $962.0 million, up 33% year-over-year, with gross profit of $69.1 million and net income of $6.1 million. Adjusted net income was $24.4 million, up 44%, and adjusted EBITDA reached $75.7 million, up 5%.
Base revenue rose 36% to $959.5 million and base gross profit increased 21% to $75.7 million, though base gross margin declined to 7.9%, pressured by roughly $6 million higher fuel costs and $3 million U.S. Gas ramp-up investments. Centuri wrote down $9.0 million of City of Chicago receivables. Bookings were nearly $850 million in the quarter and $2.2 billion year-to-date, with backlog at $6.4 billion and opportunity pipeline at $16 billion. Net debt to adjusted EBITDA improved to 2.6x. Centuri closed the $62 million cash acquisition of JJ White and raised 2026 guidance, now targeting revenue of $3.59–$3.79 billion, base revenue of $3.5–$3.7 billion, adjusted EBITDA of $285–$310 million, and adjusted net income of $60–$75 million.
Centuri (NYSE: CTRI) released its 2025 Sustainability Report, outlining initiatives tied to its Vision One Centuri Strategy and progress against 15 key performance indicators. The report covers governance, risk management, workforce development, safety, community investment, and support for energy transition and grid resilience.
According to Centuri, highlights include establishing an enterprise-wide project management office, advancing a fleet strategy, maintaining safety performance benchmarked against BLS industry metrics, completing over 103 miles of electric infrastructure rebuild in Texas, launching four renewable natural gas projects, and investing $1 million in local communities. The report also notes a 100% conversion rate from military internships to full-time employment, 78 graduates from the Lineman Apprenticeship Program, onboarding more than 1,000 employees, a new standardized pre-job safety brief, updated Delegation of Authority, a third-party risk assessment, and formation of an AI Steering Committee. It incorporates SASB disclosure and alignment with six UN Sustainable Development Goals.
Centuri Holdings (NYSE: CTRI) announced it will report its second quarter 2026 financial results before the market opens on Tuesday, August 4, 2026. Management will host an earnings conference call at 10:00 AM ET / 7:00 AM PT to review results and business highlights.
The call will feature President & CEO Christian Brown and CFO Greg Izenstark, and will be webcast live via Centuri’s investor relations website. Investors may also join by phone using the provided numbers or attendee URL. A replay will be available on the IR site about two hours after the call and remain accessible for one year.
Centuri (NYSE: CTRI) has completed the acquisition of J.J. White, a mechanical and electrical construction services provider focused on power generation, data centers, and industrial markets. J.J. White will be integrated into Centuri’s Riggs Distler operation, expanding union electric capabilities across the Northeast and Mid-West.
Founded in 1920 and based in Philadelphia, J.J. White has nearly 1,000 employees, including more than 950 union field workers, and delivers in-plant, mechanical, electrical, and HVAC construction services for capital projects, maintenance, and outage/turnaround work. The business has $315 million in contracted backlog and over $2.8 billion in identified pipeline opportunities, including several data center projects. Centuri anticipates the acquisition will contribute more than $20 million in annual gross profit with margins aligned to its existing business and has reiterated its approximately 2x year-end 2026 leverage target.