Tutor Perini: Consolidating For Now, But Outlook Is Even Brighter (Rating Upgrade)
We've always liked the prospects of construction company Tutor Perini, but following a decent retracement in the price we are now revising our rating from a hold to a buy. TPC's backlog surged by a whopping 84% YoY, in Q4, providing strong visibility for the next few years. Improved cash generation (FCF yield of 36%) and debt reduction efforts (52% reduction YoY) have positioned TPC for potential shareholder distributions, enhancing investor appeal.
Tutor Perini Corporation (TPC) Q4 2024 Earnings Call Transcript
Tutor Perini Corporation (NYSE:TPC ) Q4 2024 Earnings Conference Call February 27, 2024 5:00 PM ET Company Participants Jorge Casado - VP, IR Ronald Tutor - Executive Chairman Gary Smalley - CEO President Ryan Soroka - EVP and CFO Conference Call Participants Adam Thalhimer - Thompson, Davis & Company Michael Dudas - Vertical Research Partners Operator Good day, ladies and gentlemen, and welcome to the Tutor Perini Corporation Fourth Quarter 2024 Earnings Conference Call. My name is Stacy and I will be your coordinator for today.
Tutor Perini (TPC) Surpasses Market Returns: Some Facts Worth Knowing
Tutor Perini (TPC) closed at $24.61 in the latest trading session, marking a +1.32% move from the prior day.
Is Tutor Perini (TPC) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Tutor Perini (TPC) Stock Dips While Market Gains: Key Facts
In the most recent trading session, Tutor Perini (TPC) closed at $24.10, indicating a -0.82% shift from the previous trading day.
Tutor Perini (TPC) Stock Declines While Market Improves: Some Information for Investors
Tutor Perini (TPC) reachead $27.16 at the closing of the latest trading day, reflecting a -0.91% change compared to its last close.
Tutor Perini (TPC) Exceeds Market Returns: Some Facts to Consider
In the closing of the recent trading day, Tutor Perini (TPC) stood at $24.31, denoting a +1.76% change from the preceding trading day.
Brokers Suggest Investing in Tutor Perini (TPC): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Here's Why Tutor Perini (TPC) Gained But Lagged the Market Today
Tutor Perini (TPC) closed at $24.50 in the latest trading session, marking a +0.04% move from the prior day.
Tutor Perini Corporation (TPC) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Tutor Perini (TPC). This makes it worthwhile to examine what the stock has in store.
Tutor Perini Stock Rises as New CEO Takes Helm at Construction Firm
Shares of Tutor Perini (TPC) advanced Thursday as the construction firm's new CEO took over.
Tenth Avenue Petroleum Announces Closing of Patricia Acquisition and Closing of Financing
NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION IN THE UNITED STATES CALGARY, AB / ACCESSWIRE / December 31, 2024 / Tenth Avenue Petroleum Corp. ("TPC" or the "Company") (TSXV:TPC) is pleased to announce that further to its press release dated October 29, 2024, the Company has closed the acquisition (the "Acquisition") of approximately 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located northeast of Brooks, Alberta. The Acquisition provides multi-zone and low-cost optimization upside while capitalizes on an opportunity to consolidate high-quality, gas weighted assets with existing infrastructure over a contiguous 32 section (16 net) of land position within our core area in Southern Alberta.
