Primoris Services Corporation (PRIM) - Financial and Strategic SWOT Analysis Review by GlobalData

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Primoris Services Corporation (Primoris) is a holding company of various specialty contractors and engineering companies. Primoris through its subsidiaries mainly serves the power and energy sectors. Primoris under its service portfolio renders services such as construction, fabrication, maintenance and replacement services, as well as the engineering services to major public utilities, petrochemical companies, energy companies, municipalities and other customers. In addition to this, the company is also engaged in the area of water and wastewater treatment, mainly in the Southeastern US. Besides, it is also a specialist in designing and constructing complex commercial and industrial concrete structures in California. The company operates and maintains its business under two segments, Construction services and Engineering. The company has spanned its operation across the US, Latin America and Canada. The company is headquartered in Lake Forest, the US.

The company's strategy includes diversification through controlled expansion, emphasis on retention of existing customers and recurring revenue. The company also considers potential selective expansion to new geographic regions. As part of the company's growth strategy, Primoris intend to acquire companies that expand, complement or diversify its business.

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									           Primoris Services Corporation (PRIM) - Financial and Strategic SWOT
                                    Analysis Review
        Reference Code: GDPE82816FSA                                                                                          Publication Date: MAR 2012

          2100 McKinney Avenue, Suite 1500                   Phone              +1 214 7405600                  Revenue          1,460.2 (million USD)
          DALLAS, TX                                         Fax                +1 302 6365454                  Net Profit       58.56 (million USD)
          75201                                              Website            www.primoriscorp.com            Employees        778
          United States                                      Exchange           PRIM [NASDAQ]                   Industry         Power Energy

       Company Overview
       Primoris Services Corporation (Primoris) is a holding company of various specialty contractors and engineering companies.
       Primoris through its subsidiaries mainly serves the power and energy sectors. Primoris under its service portfolio renders services
       such as construction, fabrication, maintenance and replacement services, as well as the engineering services to major public
       utilities, petrochemical companies, energy companies, municipalities and other customers. In addition to this, the company is also
       engaged in the area of water and wastewater treatment, mainly in the Southeastern US.
       Key Executives                                                                SWOT Analysis
                       Name                                Title                      Primoris Services Corporation, SWOT Analysis
         Brian Pratt                         Chairman                                 Strengths                              Weaknesses
         Peter J. Moerbeek                   Chief Financial Officer
                                                                                      Portfolio of Services                  Customer Concentrations
         John P. Schauerman                  Director
                                                                                      Business Diversity                     Discontinued Operations
         Michael D. Killgore                 Director
         Peter C. Brown                      Director
        Source: Annual Report, Company Website, Primary and Secondary
                                                                                      Opportunities                          Threats
        Research, GlobalData
                                                                                      Project Portfolio                      Materials Prices on Project
       Share Data                                                                                                            Costs
                                                                                      Investments in Water and
         Primoris Services Corporation
                                                                                      Waste Water sector                     Supply of Skilled Professionals
        Share Price (USD) as on 23-Mar-                                16.45
        2012
                                                                                     Source: Annual Report, Company Website, Primary and Secondary Research,
        EPS (USD)                                                        1.14        GlobalData
        Market Cap (million USD)                                         835
        Enterprise Value (million USD)                                   817
        Shares Outstanding (million)                                       51
       Source: Annual Report, Company Website, Primary and Secondary
       Research, GlobalData

       Financial Performance                                                         Recent Developments
                                                                                      Mar 01, 2012         Primoris Services Reports Revenue Of $1.5
                                                                                                           Billion In 2011
                                                                                      Jan 30, 2012         Primoris Renewables Announces $40m In
                                                                                                           New Contracts To Construct Waste-to-Energy
                                                                                                           Facilities
                                                                                      Nov 08, 2011         Primoris Services Reports            Revenue        Of
                                                                                                           $375.5m In Q3 2011
                                                                                      Sep 08, 2011         Primoris Services       Announces      $56.5m       Of
                                                                                                           Pipeline Contracts
       Source: Annual Report, Company Website, Primary and Secondary                 Source: Annual Report, Company Website, Primary and Secondary Research,
       Research, GlobalData                                                          GlobalData




Primoris Services Corporation (PRIM) - Financial and Strategic                                                                 Reference Code: GDPE82816FSA
SWOT Analysis Review
Source : www.globalcompanyintelligence.com                                                                                                                      Page 1
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
       Table of Contents
       Table of Contents ............................................................................................................................................................................... 2
          List of Tables .................................................................................................................................................................................. 3
          List of Figures ................................................................................................................................................................................. 3
       Section 1 - About the Company.......................................................................................................................................................... 4
       Primoris Services Corporation - Key Facts ......................................................................................................................................... 4
       Primoris Services Corporation - Key Employees ................................................................................................................................ 5
       Primoris Services Corporation - Key Employee Biographies .............................................................................................................. 6
       Primoris Services Corporation - Major Products and Services ........................................................................................................... 7
       Primoris Services Corporation - History.............................................................................................................................................. 8
       Primoris Services Corporation - Company Statement ...................................................................................................................... 10
       Primoris Services Corporation - Locations And Subsidiaries............................................................................................................ 12
          Head Office ................................................................................................................................................................................... 12
          Other Locations & Subsidiaries ..................................................................................................................................................... 12
       Section 2 – Company Analysis ......................................................................................................................................................... 13
       Primoris Services Corporation - Business Description ..................................................................................................................... 13
       Primoris Services Corporation - SWOT Analysis.............................................................................................................................. 14
          SWOT Analysis - Overview........................................................................................................................................................... 14
          Primoris Services Corporation - Strengths .................................................................................................................................... 14
             Strength - Portfolio of Services .................................................................................................................................................. 14
             Strength - Business Diversity .................................................................................................................................................... 14
             Strength - Increasing Efficiency ................................................................................................................................................. 14
          Primoris Services Corporation - Weaknesses............................................................................................................................... 15
             Weakness - Customer Concentrations ...................................................................................................................................... 15
             Weakness - Discontinued Operations ....................................................................................................................................... 15
          Primoris Services Corporation - Opportunities .............................................................................................................................. 15
             Opportunity - Project Portfolio ................................................................................................................................................... 15
             Opportunity - Investments in Water and Waste Water sector.................................................................................................... 15
             Opportunity - Green Trends ...................................................................................................................................................... 15
          Primoris Services Corporation - Threats ....................................................................................................................................... 16
             Threat - Materials Prices on Project Costs ................................................................................................................................ 16
             Threat - Supply of Skilled Professionals .................................................................................................................................... 16
             Threat - Competition and Consolidation .................................................................................................................................... 16
       Primoris Services Corporation - Key Competitors ............................................................................................................................ 17
       Section 3 – Company Financial Ratios ............................................................................................................................................. 18
       Financial Ratios - Capital Market Ratios........................................................................................................................................... 18
       Financial Ratios - Annual Ratios ....................................
								
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