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Primoris Services Corp (PRIM.OQ)

PRIM.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Primoris Services Corp Announces Chief Financial Officer Planned Transition
Friday, 5 Oct 2018 07:30am EDT 

Oct 5 (Reuters) - Primoris Services Corp ::ORATION ANNOUNCES CHIEF FINANCIAL OFFICER PLANNED TRANSITION.SAYS CFO PETER J. MOERBEEK TO RETIRE.KEN DODGEN WILL BECOME CO'S CHIEF FINANCIAL OFFICER.  Full Article

Primoris Services Corp Announces Field Services Award Valued Over $11 Mln
Wednesday, 26 Sep 2018 07:30am EDT 

Sept 26 (Reuters) - Primoris Services Corp ::PRIMORIS SERVICES CORPORATION ANNOUNCES FIELD SERVICES AWARD VALUED OVER $11 MILLION.PRIMORIS SERVICES CORP SAYS WORK IS SCHEDULED TO COMMENCE IN Q3 2018, COMPLETION IS EXPECTED IN Q1 2019.  Full Article

Primoris Services Corp Announces Utility And Distribution Awards Valued At $69 Mln
Wednesday, 18 Jul 2018 07:30am EDT 

July 18 (Reuters) - Primoris Services Corp ::PRIMORIS SERVICES CORPORATION ANNOUNCES UTILITY AND DISTRIBUTION AWARDS VALUED AT $69 MILLION.PRIMORIS SERVICES - ANNOUNCED TWO MASTER SERVICE AGREEMENTS WITH A MAJOR UTILITY CUSTOMER WITH A COMBINED ANTICIPATED THREE-YEAR VALUE OF $69 MILLION.PRIMORIS SERVICES CORP - ESTIMATES EXPECTED ANNUAL REVENUE FROM THESE CONTRACTS IS A COMBINED $23 MILLION PER YEAR OVER COURSE OF CONTRACTS.  Full Article

Primoris Services Corp Says On July 9, Entered First Amendment And Joinder To Amended And Restated Credit Agreement
Monday, 9 Jul 2018 04:38pm EDT 

July 9 (Reuters) - Primoris Services Corp ::PRIMORIS SERVICES CORP - ON JULY 9, ENTERED FIRST AMENDMENT AND JOINDER TO AMENDED AND RESTATED CREDIT AGREEMENT.PRIMORIS SERVICES - AMENDMENT AMENDS AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF SEPTEMBER 29, 2017.PRIMORIS SERVICES SAYS AMENDMENT MODIFIES CREDIT AGREEMENT TO INCLUDE A $220 MILLION TERM LOAN - SEC FILING.PRIMORIS- AMENDMENT INCREASES ACCORDION ALLOWING CO TO INCREASE TERM LOAN/BORROWING CAPACITY UNDER $200 MILLION REVOLVING CREDIT FACILITY BY $75 MILLION.PRIMORIS - AMENDMENT EXTENDS MATURITY DATE OF CREDIT AGREEMENT FROM SEPT 29, 2022 TO JULY 9, 2023.  Full Article

Primoris Services Announces Heavy Civil Award Valued At $18 Mln
Tuesday, 29 May 2018 07:00am EDT 

May 29 (Reuters) - Primoris Services Corp ::PRIMORIS SERVICES CORPORATION ANNOUNCES HEAVY CIVIL AWARD VALUED AT $18 MILLION.PRIMORIS SERVICES CORP - CONTRACT WAS SECURED BY PRIMORIS HEAVY CIVIL, PART OF CIVIL SEGMENT.PRIMORIS SERVICES CORP - WORK IS SCHEDULED TO COMMENCE IN Q3 OF 2018 AND TO BE COMPLETED IN Q3 OF 2020.  Full Article

Primoris Services Announces Utilities And Distribution Awards Valued At $63 Mln
Thursday, 19 Apr 2018 09:00am EDT 

April 19 (Reuters) - Primoris Services Corp ::PRIMORIS SERVICES CORPORATION ANNOUNCES UTILITIES AND DISTRIBUTION AWARDS VALUED AT $63 MILLION.PRIMORIS SERVICES - 4 NEW MSA WITH MAJOR UTILITY CUSTOMERS WITH A 3-YEAR ANTICIPATED VALUE OF ABOUT $63 MILLION.  Full Article

Primoris Services To Acquire Willbros Group
Wednesday, 28 Mar 2018 07:00am EDT 

March 28 (Reuters) - Primoris Services Corp ::PRIMORIS SERVICES CORPORATION TO ACQUIRE WILLBROS GROUP, INC..PRIMORIS SERVICES - WILL PAY $0.60/SHARE FOR ALL OF STOCK OF WILLBROS GROUP INC AND WILL SETTLE ALL OF EXISTING WILLBROS DEBT OBLIGATIONS.PRIMORIS SERVICES CORP - DEAL FOR ENTERPRISE VALUE OF ABOUT $100 MILLION.PRIMORIS SERVICES CORP - UPON COMPLETION OF DEAL, CO EXPECTS WILLBROS UTD BUSINESS TO BECOME NEW OPERATING SEGMENT, PRIMORIS UTD.PRIMORIS SERVICES CORP - ANTICIPATES THAT WILLBROS' LINEAL OIL & GAS OPERATIONS WILL BE INCORPORATED INTO PRIMORIS' UTILITIES & DISTRIBUTION SEGMENT.PRIMORIS SERVICES - FOR FIRST 12 MONTHS AFTER DEAL CLOSING, CO EXPECTS REVENUES OF ABOUT $660 MILLION, INCLUDING ESTIMATED UTD REVENUES OF $470 MILLION.PRIMORIS SERVICES CORP - INTENDS TO FINANCE TRANSACTION THROUGH CASH ON HAND AND ITS EXISTING CREDIT FACILITIES.PRIMORIS SERVICES - TO PROVIDE WILLBROS UP TO $20 MILLION IN SECURED BRIDGE FINANCING TO SUPPORT WORKING CAPITAL LIQUIDITY NEEDS PRIOR TO DEAL CLOSE.PRIMORIS SERVICES - SOME WILLBROS DIRECTORS, STOCKHOLDERS, WITH ABOUT 17% OF WILLBROS' OUTSTANDING SHARES, ENTERED INTO VOTING AGREEMENTS WITH CO.PRIMORIS SERVICES CORP - TO ACQUIRE WILLBROS GROUP INC IN AN ALL-CASH TRANSACTION.  Full Article

Primoris Services Corp Announces Heavy Civil Award Valued At $25 Mln
Tuesday, 9 Jan 2018 07:30am EST 

Jan 9 (Reuters) - Primoris Services Corp ::PRIMORIS SERVICES CORPORATION ANNOUNCES HEAVY CIVIL AWARD VALUED AT $25 MILLION.PRIMORIS SERVICES CORP - NEW HEAVY CIVIL AWARD VALUED AT $25 MILLION; CONTRACT WAS SECURED BY PRIMORIS HEAVY CIVIL, PART OF CIVIL SEGMENT.  Full Article

Primoris Services Corporation Announces Heavy Civil Award Valued At $19 Million
Thursday, 4 Jan 2018 07:30am EST 

Jan 4 (Reuters) - Primoris Services Corp ::PRIMORIS SERVICES CORPORATION ANNOUNCES HEAVY CIVIL AWARD VALUED AT $19 MILLION.PRIMORIS SERVICES - AWARD WAS SIGNED IN Q4 OF 2017 AND WILL BE INCLUDED IN 2017 YEAR-END BACKLOG CALCULATION.  Full Article

PRIMORIS SERVICES ANNOUNCES NEW INDUSTRIAL AWARD VALUED AT OVER $27 MLN
Monday, 20 Nov 2017 07:30am EST 

Nov 20 (Reuters) - Primoris Services Corp ::PRIMORIS SERVICES CORP - ‍ ANNOUNCED A NEW INDUSTRIAL AWARD VALUED AT OVER $27 MILLION, CONTRACT WAS SECURED BY ARB INDUSTRIAL.PRIMORIS SERVICES CORP - ‍ WORK FOR INDUSTRIAL AWARD IS SCHEDULED TO COMMENCE IN Q4 OF 2017 AND IS EXPECTED TO BE COMPLETED IN Q4 OF 2018​.PRIMORIS SERVICES CORP - ‍ PROJECT WAS AWARDED BY A REFINER AND IS PART OF A PLAN TO REDUCE EMISSIONS AND INCREASE EFFICIENCY AT EXISTING FACILITIES​.  Full Article

BRIEF-Primoris Services Q1 Earnings Per Share $0.01

* Q1 REVENUE $504.1 MILLION VERSUS I/B/E/S VIEW $481.2 MILLION