Welcome to our dedicated page for Quanta Services news (Ticker: PWR), a resource for investors and traders seeking the latest updates and insights on Quanta Services stock.
Quanta Services, Inc. (NYSE: PWR) generates a steady flow of news related to energy, technology and communications infrastructure. Company press releases highlight its role in providing specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline and energy industries, as well as its participation in major industry partnerships and capital projects.
On this page, readers can follow PWR news covering topics such as quarterly earnings announcements, segment performance for Electric Infrastructure Solutions and Underground Utility and Infrastructure Solutions, and updates on remaining performance obligations and backlog as described in Quanta’s results releases. The company also issues news about capital allocation, including quarterly cash dividends, share repurchases and senior notes offerings used to refinance existing indebtedness.
Quanta’s news flow often features project and partnership announcements, such as its collaboration with American Electric Power on 765 kV and other high-voltage transmission facilities, and its engagement by NiSource to provide power generation and grid infrastructure solutions for a large load customer. Additional releases describe the expansion of its total solutions power generation platform and its joint venture with Zachry Group for combined cycle gas generation solutions.
Investors and followers of PWR can also find updates on acquisitions and strategic growth, including the purchase of Dynamic Systems, as well as information about conference appearances, like participation in the UBS Global Industrials and Transportation Conference. Community and sponsorship news, such as Quanta’s role as an Official Supporter of Houston World Cup 26 Host City, further rounds out the company’s public disclosures. Bookmark this page to monitor the full range of Quanta Services news and corporate developments.
Quanta Services, Inc. (NYSE:PWR) announced its participation in two major investor conferences: the Baird Global Industrial Conference on Nov. 9, 2022 and the Credit Suisse Global Industrials Conference on Dec. 1, 2022. At both events, CEO Duke Austin and CFO Jayshree Desai will engage with institutional investors and participate in fireside chats. The Credit Suisse event will include a live webcast at 11:45 a.m. Eastern time. For further details, visit their Investor Relations page.
Quanta Services, Inc. (NYSE: PWR) will release its third quarter 2022 financial results on November 3, 2022, before the market opens. A conference call is scheduled for 9:00 a.m. Eastern time the same day, featuring a slide presentation accessible via the company's Investor Relations website. For those unable to attend live, a replay of the webcast will be available following the event.
J.W. Didado Electric has entered into a teaming agreement with Newpoint Gas for the redevelopment of the former U.S. Department of Energy’s Portsmouth Gaseous Diffusion Plant into a hydrogen generation facility. The $1.5 billion h2TEAM project aims to create approximately 2,900 jobs during construction and produce clean silicon, ammonia, and power. This initiative aligns with Quanta Services' commitment to clean energy, enhancing local employment and economic growth in Pike County, Ohio, while pursuing part of an $8 billion Department of Energy Hydrogen Hub grant.
Quanta Services, Inc. (NYSE: PWR) has announced a quarterly cash dividend of $0.07 per share, set to be paid on October 14, 2022. Stockholders must be on record by October 3, 2022 to qualify for this dividend. This decision reflects the company's ongoing commitment to return value to its shareholders while maintaining liquidity for further investments. Quanta offers specialized contracting services across various sectors including utility, renewable energy, and communications.
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Quanta Services, Inc. reported record second-quarter revenues of $4.23 billion, a significant increase from $3.00 billion in Q2 2021. Despite a decrease in net income to $88.0 million and diluted EPS of $0.59, adjusted diluted EPS rose to $1.54. The company holds a $19.9 billion total backlog and affirms full-year 2022 financial expectations. Highlights include winning a contract for a national EV fast charging network, and a $368.4 million share repurchase authorization. Investors should note potential risks from economic uncertainties and supply chain issues.
Quanta Services, Inc. (NYSE: PWR) will release its second quarter 2022 financial results on August 4, 2022, before market opening. A conference call is scheduled for 9:00 a.m. Eastern time on the same day, which can be accessed via phone or webcast. The company provides comprehensive infrastructure solutions across various sectors, including utility and renewable energy. More details regarding the earnings call and a presentation will be available on its Investor Relations website.
Quanta Services, Inc. (NYSE:PWR) has appointed Scott Rowe to its Board of Directors, enhancing its leadership team with his extensive operations and financial experience in the energy sector. Rowe has been the President and CEO of Flowserve Corporation since April 2017 and has previous roles at Schlumberger and Cameron International. His appointment aims to bring new perspectives to Quanta's board. David McClanahan, the independent Chairman, expressed enthusiasm for Rowe's contributions to the company's growth.
Quanta Services, Inc. (NYSE: PWR) has declared a quarterly cash dividend of $0.07 per share, payable on July 15, 2022, to stockholders recorded as of July 1, 2022. This announcement reflects Quanta's ongoing commitment to return value to its shareholders while maintaining its position as a leader in specialized contracting services across utility, renewable energy, communications, and pipeline sectors. The company operates in various regions including the United States, Canada, and Australia, providing comprehensive infrastructure solutions.
Quanta Services, Inc. (NYSE: PWR) will engage with institutional investors at four major conferences in June 2022: the KeyBanc Capital Markets Industrials & Basic Materials Conference on June 1, the Bernstein Strategic Decisions Conference on June 2, the Baird Global Consumer, Technology & Services Conference on June 7, and the Stifel Cross Sector Insight Conference on June 8. CEO Duke Austin and others will lead discussions, including a fireside chat at the Bernstein Conference at 11:00 a.m. ET, with live broadcasts available on Quanta's Investor Relations website.
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