Quanta Services, Inc. (PWR): A Comprehensive Overview

Company Profile

Quanta Services, Inc. (PWR) is a leading American infrastructure services company, specializing in the design, construction, and maintenance of power delivery networks and other critical infrastructure.

Headquartered in Houston, Texas, Quanta employs over 40,000 people and operates in all 50 states and several international locations.

Market Performance and Financial Data

Stock Performance

PWR stock is traded on the NASDAQ exchange under the ticker symbol "PWR."

As of March 8, 2023, the stock price was $33.38, with a market capitalization of approximately $7.5 billion.

Recent Earnings

In its recent earnings report for the fourth quarter of 2022, Quanta reported revenue of $3.7 billion, a 15% increase year-over-year.

Net income for the quarter was $150 million, a 20% increase compared to the same period in 2021.

Services and Operations

Quanta's services span a wide range of electrical infrastructure projects, including:

• Power transmission and distribution: Design, construction, and maintenance of overhead and underground power lines, substations, and other transmission assets.
• Renewable energy: Development, construction, and maintenance of wind and solar farms, as well as energy storage systems.
• Gas and pipeline infrastructure: Design, construction, and maintenance of natural gas pipelines, compressor stations, and related infrastructure.
• Telecommunications: Deployment and maintenance of fiber-optic networks, cell towers, and other telecommunications infrastructure.

Recent Developments and Industry News

In recent years, Quanta has been actively involved in several major infrastructure projects, including the construction of the Cross-Bay Cable Project in California and the Trans Mountain Pipeline Expansion in Canada.

The company has also expanded its presence in the renewable energy sector, with significant investments in wind and solar projects across the United States and abroad.

Key Statistics and Performance Metrics

• Revenue: $15.3 billion (2022)
• Net Income: $592 million (2022)
• Employees: 40,000+
• Market Capitalization: $7.5 billion (as of March 8, 2023)

Conclusion

Quanta Services, Inc. is a leading infrastructure services company with a strong track record of growth and innovation.

The company's diverse portfolio of services and its commitment to delivering high-quality infrastructure solutions positions it well to continue its success in the years to come.