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Everus Stock Up 31% This Past Year -- but One Major Holder Cut Exposure by $1.5 Million
Yahoo Finance· 2025-12-30 23:45
Everus Construction Group operates at scale in the U.S. engineering and construction sector. The company leverages its diversified service portfolio and specialty manufacturing capabilities to serve utility and industrial customers with complex infrastructure needs. Strategic focus on both project execution and recurring maintenance services supports its competitive position in the market.It serves utilities, industrial clients, and commercial customers, with a geographic focus on regions such as Las Vegas, ...
Can Primoris Capitalize as Grid Resiliency Spending Explodes?
ZACKS· 2025-10-01 14:16
Core Insights - Primoris Services Corporation (PRIM) is benefiting from increased infrastructure investment, particularly in grid resiliency projects due to government funding for modernization and renewable integration [1][4] - The company is positioned as a key partner in power delivery and utility services, aligning its capabilities with market demand for undergrounding, grid hardening, and renewable energy integration [2][5] - Primoris is evaluating approximately $1.7 billion in data center-related work, with expected contracts by the end of 2025, which will enhance revenue visibility and market exposure [3][8] - The utility segment backlog has increased to $6.03 billion from $5.52 billion, indicating strong demand for grid and renewable projects [3][8] Competitive Position - Primoris is capitalizing on robust infrastructure demand in the U.S. power and energy markets, expanding its capabilities in renewable generation and utility-scale projects [5][7] - Compared to EMCOR Group, Primoris has a steadier growth profile tied to utility and energy infrastructure rather than cyclical commercial construction [7] - While Primoris may not match Quanta Services' scale, it competes effectively in mid-sized contracts where responsiveness and cost efficiency are prioritized [7]
Robbins LLP Reminds ECG Stockholders With Large Losses to Contact the Firm for Information About the Class Action Lawsuit Against Everus Construction Group, Inc.
GlobeNewswire News Room· 2025-04-16 20:05
SAN DIEGO, April 16, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Everus Construction Group, Inc. ("Everus") (NYSE: ECG) common stock between October 31, 2024 and February 11, 2025, including investors who held MDU Resources Group, Inc. (“MDU Resources”) common stock as of October 21, 2024 and acquired Everus common stock issued in connection with the spinoff of Everus Construction on or about O ...