Investor FAQs
Primoris was founded in 1960, when the Company's predecessor entity ARB, Inc., which operated in the construction industry, was formed.
Primoris was first incorporated in Nevada in November 2003, and most recently in Delaware in August 2008.
Primoris is currently incorporated in Delaware.
We are one of the leading providers of specialty contracting services operating mainly in the United States and Canada. We provide a wide range of specialty construction services, fabrication, maintenance, replacement, and engineering services to a diversified base of customers through our five segments: Power, Industrial, and Engineering (“Power”), Pipeline and Underground (“Pipeline”), Utilities and Distribution (“Utilities”), Transmission and Distribution (“Transmission”), and Civil. The structure of our reportable segments is generally focused on broad end-user markets for our services.
The Power segment operates throughout the United States and in Canada and specializes in a range of services that include engineering, procurement, and construction, retrofits, upgrades, repairs, outages, and maintenance services for entities in the petroleum and petrochemical industries, as well as traditional and renewable power generators.
The Pipeline segment operates throughout the United States and specializes in a range of services, including pipeline construction and maintenance, pipeline facility and integrity services, installation of compressor and pump stations, and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities.
The Utilities segment operates primarily in California, the Midwest, the Atlantic Coast, and the Southeast regions of the United States and specializes in a range of services, including installation and maintenance of new and existing natural gas utility distribution systems and pipeline integrity services for entities in the gas utility market.
The Transmission segment operates primarily in the Southeastern, Midwest, Atlantic Coast, and Gulf Coast regions of the United States and specializes in a range of services, including installation and maintenance of new and existing electric utility transmission, substation, and distribution systems for entities in the electric utility market.
The Civil segment operates primarily in the Southeastern and Gulf Coast regions of the United States and specializes in highway and bridge construction, airport runway construction, demolition, site work, soil stabilization, mass excavation, flood control, and drainage projects for entities in the petroleum and petrochemical industries, state and municipal departments of transportation, and airports.
Primoris's predecessor company, Rhapsody Acquisition Corp., completed its initial public offering in October 2006. Primoris merged with Rhapsody in July 2008.
Primoris's common stock is traded on the Nasdaq Global Select Market under the symbol PRIM.
Yes, Primoris does pay a dividend on its common stock. On November 6, 2017, Primoris announced its Board of Directors authorized a 9% increase in the quarterly cash dividend to $0.06 per share.
Primoris's fiscal year ends on December 31 of each year.
Primoris's independent auditor is Moss Adams LLP, based in Irvine, California.
Primoris’ corporate headquarters are located at 2300 N. Field Street, Suite 1900, Dallas, TX 75201.
You can receive additional information on Primoris by contacting Kate Tholking, Primoris's Director of Investor Relations. Email: ktholking@prim.com
Primoris's stock transfer agent is:
Firm: Continental Stock Transfer & Trust Co
Address: 17 Battery Place- 8th Floor, New York, NY 10004
Phone: 212-509-4000
