PWR Stock Recent News

Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ("Captiva Verde") a public company listed on the Canadian Securities Exchange under the trading symbol PWR and further listed on the US OTC Market under the symbol CPIVF announces the following updates: The company has arranged with a European based finder, Cormel Capital LLC, a private placement of 150 million units at $0.02 per unit subject to CSE approval. Each unit comprises one full common share and one full common share purchase warrant entitling each full warrant to convert to a full common share for a price of $0.05 per warrant for 3 years.

Quanta Services (PWR) possesses solid growth attributes, which could help it handily outperform the market.

Quanta Services, Inc. reported Q2 earnings with revenue growth and margin improvements not supporting share price. Q2 results showed a 10.8% y/y revenue increase, with a 15% y/y backlog growth, and an updated 2024 forecast after an acquisition. I expect a slowdown in revenue growth, and the company's margins have remained stable, leading to a fair value of $194 per share, with a hold rating maintained.

Here is how Quanta Services (PWR) and Sterling Infrastructure (STRL) have performed compared to their sector so far this year.

HOUSTON , Aug. 7, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) ("Quanta") announced today the pricing of its offering (the "Offering") of (i) $600,000,000 aggregate principal amount of 4.75% senior notes due 2027 (the "2027 Notes") at a price to the public 99.818% of their face value, and (ii) $650,000,000 aggregate principal amount of 5.25% senior notes due 2034 (the "2034 Notes" and, together with the 2027 Notes, the "Notes") at a price to the public 99.409% of their face value. The Offering is expected to close on August 9, 2024, subject to the satisfaction of customary closing conditions.

Quanta Services (PWR) possesses solid growth attributes, which could help it handily outperform the market.

Quanta's (PWR) second-quarter results reflect continued demand for services given the focus on renewable energy and power grid infrastructure revamp.

Quanta's (PWR) second-quarter results benefit from strength in the Electric Power and Renewable Energy segments.

Quanta Services, Inc. (NYSE:PWR ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Kip Rupp - VP, IR Duke Austin - President and CEO Jayshree Desai - CFO Conference Call Participants Justin Hauke - Baird Sangita Jain - KeyBanc Capital Markets Brian Brophy - Stifel Jamie Cook - Truist Michael Dudas - Vertical Research Partners Alex Rygiel - B. Riley Securities Steven Fisher - UBS Neil Mehta - Goldman Sachs Chad Dillard - Bernstein Andy Kaplowitz - Citi Operator Greetings, and welcome to the Quanta Services Second Quarter 2024 Earnings Conference Call.

Although the revenue and EPS for Quanta Services (PWR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.