Welcome to our dedicated page for Tutor Perini Corporation news (Ticker: TPC), a resource for investors and traders seeking the latest updates and insights on Tutor Perini Corporation stock.
Tutor Perini Corporation (TPC) is a leading construction company that provides a diverse range of general contracting, construction management, and design-build services to both private clients and public agencies worldwide. The company operates through three primary segments: Civil, Building, and Specialty Contractors.
The Civil segment focuses on public works, including the construction, replacement, and reconstruction of critical infrastructure such as highways, bridges, tunnels, mass-transit systems, and water management and wastewater treatment facilities. This segment also offers specialized services like drilling, foundation work, and excavation support for a variety of projects.
The Building segment caters to specialized construction markets, including hospitality and gaming, transportation, healthcare, commercial offices, government facilities, sports and entertainment venues, educational institutions, correctional facilities, biotechnology, pharmaceuticals, and high-tech industries. This segment provides comprehensive services covering every aspect of the building process.
The Specialty Contractors segment delivers expert services in electrical, mechanical, and plumbing systems, as well as heating, ventilation, and air conditioning (HVAC). This segment is crucial for ensuring that all essential systems within a building are installed and maintained to the highest standards.
Recently, Tutor Perini has been involved in several major projects and has established strong partnerships within the industry. Financially, the company generates the majority of its revenue from the Civil segment, with a significant portion of its total income derived from projects in the United States. The company's ability to self-perform a wide range of construction services, including site work, concrete forming, steel erection, and mechanical installations, sets it apart from many competitors.
As an industry leader, Tutor Perini continues to take on complex and large-scale projects, contributing to the development and enhancement of infrastructure and facilities that are vital to communities around the globe.
FAQ
What is the current stock price of Tutor Perini Corporation (TPC)?
The current stock price of Tutor Perini Corporation (TPC) is $27.16 as of January 22, 2025.
What is the market cap of Tutor Perini Corporation (TPC)?
The market cap of Tutor Perini Corporation (TPC) is approximately 1.4B.
What services does Tutor Perini Corporation provide?
Tutor Perini offers general contracting, construction management, and design-build services across various sectors, including civil, building, and specialty contracting.
What are the main segments of Tutor Perini Corporation?
The company's main segments include Civil, Building, and Specialty Contractors.
What industries does Tutor Perini's Building segment serve?
The Building segment serves industries such as hospitality and gaming, transportation, healthcare, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, and high-tech.
Where does Tutor Perini Corporation generate most of its revenue?
The majority of its revenue is generated from the Civil segment, with a substantial portion coming from U.S.-based projects.
What are some of the recent achievements of Tutor Perini Corporation?
The company has been involved in several major projects, strengthening its partnerships and contributing to significant infrastructure developments.
What type of projects does the Civil segment of Tutor Perini work on?
The Civil segment works on public works projects such as highways, bridges, tunnels, mass-transit systems, and water management and wastewater treatment facilities.
What makes Tutor Perini's Specialty Contractors segment unique?
The Specialty Contractors segment specializes in electrical, mechanical, and plumbing systems, as well as HVAC, ensuring that essential building systems are installed and maintained to high standards.
How does Tutor Perini manage its construction projects?
The company plans and schedules the manpower, equipment, materials, and subcontractors required for each project, ensuring efficient project management and execution.
Can Tutor Perini self-perform construction services?
Yes, Tutor Perini can self-perform a wide range of construction services, including site work, concrete forming, steel erection, electrical, mechanical, and HVAC.
Where can I find the latest news about Tutor Perini Corporation?
You can stay updated with the latest news and developments about Tutor Perini on StockTitan.