TPC Stock Recent News

Recently, Zacks.com users have been paying close attention to Tutor Perini (TPC). This makes it worthwhile to examine what the stock has in store.

In 2024, there have been plenty of winners in the stock market. While tech stocks have gotten much of the attention from investors, other sectors have also performed well.

Tutor Perini has faced significant disputes impacting earnings but aims for profitability in 2025 through higher-margin contracts and dispute resolution. The company reported a Q3-2024 net loss due to adverse arbitration decisions but achieved record operating cash flow. With a $14 billion backlog and improved contract terms, Tutor Perini is positioned for strong revenue and earnings growth.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Tutor Perini (TPC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Zacks.com users have recently been watching Tutor Perini (TPC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION IN THE UNITED STATES CALGARY, AB / ACCESSWIRE / November 26, 2024 / Tenth Avenue Petroleum Corp. ("TPC" or the "Company") (TSXV:TPC) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024. The associated management's discussion and analysis ("MD&A") and unaudited interim financial statements for the three and nine months ended September 30, 2024, can be found at www.sedarplus.ca and www.tenthavenuepetroleum.com The Company's key achievements in the third quarter of 2024 included the following: Executed Purchase and Sales Agreement to acquire 82 boe/d (492 mcf/d).

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Company has pre-paid an additional $100 million of its Term Loan B debt. Building on the paydown of $50 million of the Term Loan B debt that was disclosed in the Company's November 6, 2024 earnings release, Tutor Perini has now successfully deleveraged its balance sheet by $150 million in the last month, representing the upper.

TPC's joint venture with O&G Industries wins the Guideway and Stations Project worth $1.18 billion.

NEW YORK--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Company, in a joint venture with O&G Industries, Inc. (“O&G”), has been awarded a contract valued at $1.18 billion by the Port Authority of New York and New Jersey for the AirTrain Newark Replacement Program - Guideway and Stations Project at Newark Liberty International Airport in New Jersey. The scope of work includes d.