Trade Quanta Services Inc - PWR CFD

Quanta Services Company profile

About Quanta Services Inc

Quanta Services, Inc. is a provider of specialty contracting services, delivering infrastructure solutions for the electric and gas utility, communications, pipeline and energy industries in the United States, Canada, Australia and select other international markets. The Company's segments include Electric Power Infrastructure Solutions and Underground Utility and Infrastructure Solution. The Electric Power Infrastructure Solutions segment provides network solutions to customers in the electric power and other industries. Its services include design, new construction, upgrade and maintenance of electric power transmission and distribution infrastructure and substation facilities. The Underground Utility and Infrastructure Solutions segment provides infrastructure solutions, including design, engineering, new construction, upgrade, repair, and maintenance services, to customers involved in the transportation, distribution, storage and processing of natural gas, oil and other products.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Quanta Services Inc revenues increased 16% to $12.98B. Net income increased 9% to $486M. Revenues reflect Electric Power Infrastructure Services segment increase of 18% to $7.62B, Renewable Energy Infrastructure Solutions segment increase of 40% to $1.83B, Underground Utility and Infrastructure Solutions segment increase of 3% to $3.53B, United States segment increase of 15% to $11.07B.

Equity composition

Common Stock $.00001 Par, 03/11, 300M auth., 214,850,437 issd., less 3,114,806 shs. in Treas. @ $46.4M. Insiders own 1.12%. IPO: 2/98, 5M shares @ $9 by BT Alex. Brown. PO 2/99, 4M shares @ $23.25 by BT Alex. Brown. Limited Vote Common $.00001 Par, 12/10, 3,345,333 auth., 432,485 issd. 4/00, 3-for-2 stock split.