Last $18.78 USD
Change Today -1.28 / -6.38%
Volume 277.4K
PRIM On Other Exchanges
As of 8:10 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

primoris services corp (PRIM) Snapshot

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52 Week High
03/10/14 - $33.00
52 Week Low
01/20/15 - $17.61
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Average Volume 10 Days
Shares Outstanding
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primoris services corp (PRIM) Details

Primoris Services Corporation, a specialty contractor and infrastructure company, provides a range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services in the United States and internationally. It operates in three segments: the East Construction Services, the West Construction Services, and the Engineering. The company offers construction services, including installation of underground pipeline, cable, and conduits, as well as installation and maintenance of industrial facilities for petroleum, petrochemical, and water industries; installation and repair of gas distribution lines; installation of complex commercial and industrial cast-in-place structures; and construction of highways, as well as industrial and environmental constructions. It is also engaged in designing, supplying, and installing high-performance furnaces, heaters, burner management systems, and related combustion and process technologies for clients in the oil refining, petrochemical, and power generation industries, as well as furnishes turnkey project management services and delivers custom engineering solutions. The company serves public utilities, petrochemical companies, energy companies, municipalities, state departments of transportation, and other customers. Primoris Services Corporation is headquartered in Dallas, Texas.

7,079 Employees
Last Reported Date: 03/3/14

primoris services corp (PRIM) Top Compensated Officers

Chairman of The Board, Chief Executive Office...
Total Annual Compensation: $850.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $608.6K
Co-President of Industrial for ARB Inc
Total Annual Compensation: $609.9K
Co-President of Underground for ARB Inc
Total Annual Compensation: $572.1K
Executive Vice President, General Counsel and...
Total Annual Compensation: $500.6K
Compensation as of Fiscal Year 2013.

primoris services corp (PRIM) Key Developments

Primoris Services Corporation Wins $11 Million New Heavy Civil Award

Primoris Services Corporation announced a new heavy civil award valued at approximately $11 million. The contract was secured by the Primoris James Construction Group, part of the East Construction Services segment. Work is scheduled to commence on the project in the first quarter of 2015 and to be completed in 2016. The project was awarded by the Arkansas Highway Commission and is located in Pulaski County, Arkansas. The project is for the replacement of an overpass bridge that spans the Union Pacific Railroad and the construction of the roadway approaches. The scope of work includes 2,600 cubic yards of bridge concrete, 6,700 linear feet of steel h-piles, 40,000 cubic yards of embankment, and 10,000 tons of asphalt.

Primoris Services Corporation Presents at 15th Annual CJS Securities "New Ideas for the New Year" Investor Conference, Jan-14-2015

Primoris Services Corporation Presents at 15th Annual CJS Securities "New Ideas for the New Year" Investor Conference, Jan-14-2015 . Venue: Four Seasons Hotel, New York, New York, United States.

Primoris Services Corporation Announces Third Amendment to Revolving Credit Facility

On December 12, 2014, Primoris Services Corporation entered into a Third Amendment to revolving credit facility, dated December 28, 2014, by and among the Company, The PrivateBank and Trust Company, as administrative agent and co-lead arranger, The Bank of the West, as co-lead arranger and IBERIABANK Corporation. The Third Amendment provides for an increase of $50 million in the Credit Agreement for a total aggregate amount of $125 million. The Third Amendment also provided for two additional Lenders, which are (1) Branch Banking and Trust Company and (2) UMB Bank, N.A. The Lenders agree to make loans on a revolving basis from time to time and to issue letters of credit for up to the $125 million committed amounts. The termination date of the Credit Agreement, as amended, remains at December 28, 2017 and all other terms and conditions of the agreement remain unchanged.


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