Primoris Services (PRIM) possesses solid growth attributes, which could help it handily outperform the market.
PRIM navigates shifting timelines as rapid renewables execution boosts revenues but tightens backlog, testing momentum.
PRIM rides surging data-center demand as power delivery, communications and EPC network projects fuel strong growth momentum.
| Construction & Engineering Industry | Industrials Sector | Koti Vadlamudi CEO | XBER Exchange | US74164F1030 ISIN |
| US Country | 15,716 Employees | 31 Dec 2025 Last Dividend | - Last Split | 6 Aug 2008 IPO Date |
Primoris Services Corporation, established in 1960 and headquartered in Dallas, Texas, stands as a prominent specialty contractor company offering an extensive array of construction, fabrication, maintenance, replacement, and engineering services across the United States and Canada. With its operations segmented into Utilities and Energy/Renewables, Primoris is dedicated to delivering high-quality services tailored to meet the dynamic needs of the energy, utility, and construction sectors. By employing innovative solutions and advanced technologies, Primoris plays a crucial role in the development and maintenance of critical infrastructure, emphasizing reliability, safety, and sustainability.
Within its Utilities segment, Primoris provides comprehensive installation and maintenance services for both new and existing infrastructure. This includes natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. Through these services, Primoris ensures the effective and efficient delivery of essential utilities to communities, fostering growth and stability.
The Energy/Renewables segment of Primoris offers a broad suite of services catering to the renewable energy and energy storage, renewable fuels, petroleum, and petrochemical industries, as well as to state departments of transportation. Services encompass engineering, procurement, and construction (EPC) projects, retrofits, highway and bridge construction, demolition, site work, soil stabilization, excavation, flood control, as well as upgrades, repairs, outages, and maintenance. Through this segment, Primoris contributes to the advancement of sustainable energy solutions and infrastructure resilience.
Primoris delivers specialized pipeline construction and maintenance services, which include pipeline facility and integrity services. These offerings are crucial for the safe, efficient, and environmentally responsible transportation of oil, gas, and other substances. By focusing on the integrity and safety of pipelines, Primoris plays a key role in ensuring energy security and environmental protection.