Quanta Services(PWR)
Search documents
Quanta Services(PWR) - 2023 Q2 - Earnings Call Transcript
2023-08-03 19:15
Quanta Services, Inc. (NYSE:PWR) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Kip Rupp - Vice President of Investor Relations Earl Austin - President and Chief Executive Officer Jayshree Desai - Chief Financial Officer Conference Call Participants Brent Thielman - D.A. Davidson Michael Dudas - Vertical Research Partners Steven Fisher - UBS Andrew Kaplowitz - Citigroup Justin Hauke - Baird Neil Mehta - Goldman Sachs Martin Malloy - Johnson Rice Chad Dillard - Bernstein Rese ...
Quanta Services(PWR) - 2023 Q2 - Quarterly Report
2023-08-03 14:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-13831 Quanta Services, Inc. (Exact name of registrant as specified in its charter) Delaware 74-2851603 (State or other jurisd ...
Quanta Services(PWR) - 2023 Q1 - Earnings Call Transcript
2023-05-04 18:50
Quanta Services, Inc. (NYSE:PWR) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Kip Rupp - Vice President of Investor Relations Duke Austin - President and CEO Jayshree Desai - CFO Conference Call Participants Andy Kaplowitz - Citigroup Adam Thalhimer - Thomson, Davis Alex Rygiel - B. Riley Justin Hauke - Robert W. Baird Steven Fisher - UBS Chad Dillard - Bernstein Jamie Cook - Credit Suisse Marc Bianchi - TD Cowen Neil Mehta - Goldman Sachs Sean Eastman - KeyBanc Capital Marke ...
Quanta Services(PWR) - 2023 Q1 - Quarterly Report
2023-05-04 14:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-13831 Quanta Services, Inc. (Exact name of registrant as specified in its charter) Delaware 74-2851603 (State or other juris ...
Quanta Services(PWR) - 2022 Q4 - Earnings Call Transcript
2023-02-23 18:11
Quanta Services, Inc. (NYSE:PWR) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET Company Participants Kip Rupp - Vice President of Investor Relations Duke Austin - President and CEO Jayshree Desai - CFO Conference Call Participants Alex Rygiel - B. Riley Securities Neil Mehta - Goldman Sachs Justin Hauke - Robert W. Baird Jamie Cook - Credit Suisse Noelle Dilts - Stifel Steven Fisher - UBS Adam Thalhimer - Thompson, Davis Chad Dillard - Bernstein Research Michael Dudas - Vertical Research ...
Quanta Services(PWR) - 2022 Q4 - Annual Report
2023-02-23 15:03
Fleet and Employee Overview - As of December 31, 2022, the total fleet size was approximately 68,000 units, which includes owned and leased trucks and specialty construction equipment[47]. - The company had approximately 47,300 employees as of December 31, 2022, including 9,000 salaried and 38,300 hourly employees[56]. - Approximately 34% of employees were covered by collective bargaining agreements as of December 31, 2022, which require adherence to specified wages and workplace rules[56]. Revenue Patterns and Project Challenges - Seasonal revenue patterns indicate that the first quarter typically has the lowest revenues due to adverse weather conditions, while the third quarter usually sees the highest revenues[51]. - Regulatory challenges, including delays in permitting, have negatively impacted certain projects and customer spending, particularly in the renewable energy sector[54]. - The U.S. Department of Commerce's investigation into solar panel imports caused disruptions in the supply chain, impacting project timelines in the renewable energy market[54]. Safety and Labor Initiatives - The company has invested significantly in safety programs and training facilities, including the Quanta Advanced Training Center, to enhance employee safety and operational efficiency[58]. - The company is proactively addressing labor shortages by developing strategic relationships with universities and expanding training facilities[60]. Financial Overview - As of December 31, 2022, the company's fixed-rate debt was $2.57 billion, with a fair value of $2.00 billion for its senior notes[302]. - 69% of the company's debt portfolio incurred interest at a fixed rate, while 31% incurred interest at a variable rate[301]. - The weighted average interest rate on borrowings under the senior credit facility was 3.0%, and 4.5% for the commercial paper program[303]. - A 50 basis point change in interest rates would impact interest expense by approximately $5.8 million[303]. - The company recognized net foreign currency gains of $0.7 million and $5.1 million for the years ended December 31, 2022 and 2021, respectively[308]. - The company maintains a balanced position in foreign currencies to minimize exchange gains and losses[307]. Climate Change and Regulatory Impact - The company is exposed to climate-related risks that could impact operational results due to severe weather events and changing climate conditions[68]. - The transition to a reduced-carbon economy is expected to increase demand for renewable energy infrastructure services[71]. - The company has strategically focused on expanding natural gas utility services in response to climate change concerns[72]. - New regulations related to climate change could significantly increase operational costs, particularly regarding greenhouse gas emissions[73]. - The company believes that regulatory changes and new legislation, such as the IRA and IIJA, will support long-term demand for its services in the renewable energy sector[54].
Quanta Services(PWR) - 2022 Q3 - Quarterly Report
2022-11-03 22:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-13831 Quanta Services, Inc. (Exact name of registrant as specified in its charter) Delaware 74-2851603 (State or other j ...
Quanta Services(PWR) - 2022 Q3 - Earnings Call Transcript
2022-11-03 19:04
Quanta Services, Inc. (NYSE:PWR) Q3 2022 Results Conference Call November 3, 2022 9:00 AM ET Company Participants Kip Rupp - Vice President of Investor Relations Duke Austin - President and CEO Jayshree Desai - CFO Conference Call Participants Andy Kaplowitz - Citigroup Adam Thalhimer - Thompson, Davis Justin Hauke - Robert W. Baird Alex Rygiel - B. Riley Noelle Dilts - Stifel Sean Eastman - KeyBanc Jamie Cook - Credit Suisse Steven Fisher - UBS Michael Dudas - Vertical Research Partners Gus Richard - North ...
Quanta Services(PWR) - 2022 Q2 - Earnings Call Presentation
2022-09-23 14:20
Second Quarter 2022 Earnings Call Presentation August 4, 2022 QUANTA Notice to Investors This presentation (and oral statements regarding the subject matter of this presentation) includes forward-looking statements intended to qualify under the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include any statements reflecting Quanta's expectations, intentions, strategies, assumptions, plans or beliefs about future events or pe ...
Quanta Services(PWR) - 2022 Q2 - Earnings Call Transcript
2022-08-04 18:48
Quanta Services, Inc. (NYSE:PWR) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Kip Rupp - VP, IR Earl Austin - President, CEO & Director Derrick Jensen - EVP, Business Operations Conference Call Participants Jamie Cook - Crédit Suisse Steven Fisher - UBS Chad Dillard - Sanford C. Bernstein & Co. Sean Eastman - KeyBanc Capital Markets Justin Hauke - Robert W. Baird & Co. Michael Dudas - Vertical Research Partners Alexander Rygiel - B. Riley Securities Andrew Kaplowitz - Citi ...