Welcome to our dedicated page for Northwest Pipe Co news (Ticker: NWPX), a resource for investors and traders seeking the latest updates and insights on Northwest Pipe Co stock.
Northwest Pipe Company (NASDAQ: NWPX) is a prominent manufacturer specializing in water-related infrastructure products. Founded in 1966, the company is headquartered in Vancouver, Washington, and boasts 13 manufacturing facilities across North America, strategically positioned to meet the growing demands for water and wastewater infrastructure.
The company operates through two main segments:
- Engineered Steel Pressure Pipe (SPP) Segment: This division is the largest manufacturer of engineered steel pipeline systems in North America. It produces large-diameter, high-pressure steel pipelines primarily used for water transmission, serving applications such as drinking water systems, hydroelectric power systems, wastewater systems, and seismic resiliency. Key products include steel casing pipes with the proprietary Permalok® joint, which are used for crossings and tunnels.
- Precast Infrastructure and Engineered Systems Segment: This segment manufactures stormwater and wastewater technology products, high-quality precast and reinforced concrete products like manholes, box culverts, vaults, and catch basins. Additionally, it produces pump lift stations, oil-water separators, biofiltration systems, and other specialized environmental and engineered solutions.
Northwest Pipe Company is dedicated to quality and innovation, with a diverse team committed to the company's core values of accountability, commitment, and teamwork. Recent achievements include the launch of a new customer-centric website for its ParkUSA line, emphasizing product-based solutions and ease of navigation.
Financially, the company has shown resilience despite challenging market conditions. For instance, in 2023, it maintained strong revenue figures and backlog despite reduced bidding activity and market fluctuations. Northwest Pipe continues to focus on improving its liquidity by paying down debt and generating strong cash flow from operations. It has also authorized a share repurchase program to enhance shareholder value.
For more information, please visit www.nwpipe.com.
News
Rhea-AI Summary
Northwest Pipe Company (NWPX) to release financial results for Q4 and full year 2023 on March 4, 2024, with a conference call scheduled for March 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
-
Rhea-AI Summary
Northwest Pipe Company (NWPX) appoints Jesus Tanguis as the new Vice President/General Manager of Geneva Pipe and Precast, with a focus on optimizing multicultural teams and organizational processes for sustainable business growth. Tanguis aims to increase performance and revenue in underperforming market segments and implement sales strategies to enhance product diversification and market share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
Tags
-
Rhea-AI Summary
Northwest Pipe Company (NWPX) has appointed Chris Pharr as the new Vice President / General Manager of ParkUSA, responsible for managing the three ParkUSA facilities in Texas. With over 24 years of experience, Pharr has a background in sales, technical services, and operational management. His promotion aligns with the company's growth strategy, aiming to expand ParkUSA products beyond Texas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
Rhea-AI Summary
ParkUSA, a Northwest Pipe Company (Nasdaq: NWPX), has recently launched a new website (www.parkusa.com) designed to enhance the customer experience. The site features easy navigation, detailed product information, and additional resources for wastewater, stormwater quality, water distribution, precast utilities, and automatic controls.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
Tags
-
Rhea-AI Summary
Northwest Pipe Company (NASDAQ: NWPX) reported a decrease in net sales and gross profit for the third quarter of 2023. Net sales decreased 3.5% year-over-year to $118.7 million, while gross profit decreased 23.2% year-over-year to $19.3 million. However, the company announced a share repurchase program for up to $30 million of its outstanding common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
-
Rhea-AI Summary
Northwest Pipe Company to release financial results for Q3 2023 on November 2, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
Rhea-AI Summary
Northwest Pipe Company to participate in investor conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
-
Rhea-AI Summary
Northwest Pipe Company (NASDAQ: NWPX)
Northwest Pipe Company reported a decrease in net sales of 1.8% year-over-year, totaling $116.4 million. The gross profit also decreased by 6.6% year-over-year, amounting to $22.5 million. The net income was $0.74 per diluted share. The backlog including confirmed orders for the Engineered Steel Pressure Pipe segment was $343 million, and the order book for the Precast Infrastructure and Engineered Systems segment was $58 million. The Company's management highlighted the performance of the Precast and SPP businesses, attributing the SPP's rebound to a slow first quarter and projecting a good year by historical standards despite the impact of elevated interest rates on the segment. The SPP's net sales increased by 0.2% to $77.3 million, while the Precast's net sales decreased by 5.6% to $39.1 million. The Company also provided details on its balance sheet, cash flow, and upcoming earnings conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
-
Rhea-AI Summary
Northwest Pipe Company (NASDAQ: NWPX) announced the release of its financial results for the second quarter of 2023 on August 2, 2023. A conference call to discuss the results will be held on August 3, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.65%
Tags
FAQ
What is the current stock price of Northwest Pipe Co (NWPX)?
The current stock price of Northwest Pipe Co (NWPX) is $44.07 as of February 28, 2025.
What is the market cap of Northwest Pipe Co (NWPX)?
The market cap of Northwest Pipe Co (NWPX) is approximately 425.3M.
What does Northwest Pipe Company specialize in?
Northwest Pipe Company specializes in manufacturing water-related infrastructure products, including engineered steel pipeline systems and precast concrete products.
Where is Northwest Pipe Company headquartered?
Northwest Pipe Company is headquartered in Vancouver, Washington.
What are the main segments of Northwest Pipe Company's business?
The main segments are the Engineered Steel Pressure Pipe (SPP) segment and the Precast Infrastructure and Engineered Systems segment.
What is the Permalok® joint?
The Permalok® joint is a proprietary steel casing pipe joint used for crossings and tunnels, known for its high-quality and durability.
How many manufacturing facilities does Northwest Pipe Company have?
Northwest Pipe Company has 13 manufacturing facilities across North America.
What recent achievements has Northwest Pipe Company made?
Recent achievements include the launch of a new customer-focused website for its ParkUSA line and maintaining strong financial performance despite market challenges.
What types of products are included in the Precast Infrastructure segment?
This segment includes products like manholes, box culverts, vaults, catch basins, pump lift stations, and biofiltration systems.
What are the core values of Northwest Pipe Company?
The core values include accountability, commitment, and teamwork.
What are some uses for Northwest Pipe's engineered steel pipeline systems?
They are used for water transmission, drinking water systems, hydroelectric power systems, wastewater systems, and seismic resiliency applications.
Where can I find more information about Northwest Pipe Company?
For more information, you can visit their official website at www.nwpipe.com.
Northwest Pipe Co