Tutor Perini Corporation Common Stock (TPC)
Frequently Asked Questions About Tutor Perini Corporation Common Stock (TPC)
Does Tutor Perini have any foreign operations?
Yes, Tutor Perini engages in international construction projects alongside its domestic operations in the US. The company has been involved in construction efforts in several countries, leveraging its expertise in large infrastructure projects to serve global clientele and broaden its business portfolio.
How can investors find more information about Tutor Perini Corporation?
Investors can find more information about Tutor Perini Corporation by visiting the company's official website, where they can access financial statements, press releases, investor presentations, and SEC filings. Additionally, financial news platforms, stock market analysts, and investor relations representatives can provide insights into the company's performance and prospects.
How does Tutor Perini ensure quality in its projects?
Tutor Perini emphasizes quality assurance throughout the construction process by adhering to stringent industry standards and regulations. The company employs quality control teams that conduct regular inspections, audits, and assessments to ensure that all work meets or exceeds client specifications and industry benchmarks.
How does Tutor Perini handle sustainability?
Tutor Perini is committed to sustainable construction practices and incorporates environmentally friendly approaches in its projects. The company focuses on reducing waste, conserving resources, and utilizing sustainable materials when possible, aiming to minimize the environmental impact of its operations while meeting client specifications.
Is Tutor Perini publicly traded?
Yes, Tutor Perini Corporation is publicly traded on the New York Stock Exchange under the ticker symbol TPC. The company has been listed on the NYSE since its initial public offering and provides investors with a chance to participate in the company's growth and profitability.
What are the growth prospects for Tutor Perini Corporation?
The growth prospects for Tutor Perini Corporation are promising due to increasing investments in infrastructure and construction across the United States. The company is well-positioned to capitalize on large-scale public works projects and continues to pursue new opportunities in emerging markets and sectors such as renewable energy and transportation.
What are the risks associated with investing in Tutor Perini Corporation?
Investing in Tutor Perini Corporation entails certain risks, including market volatility, project delays, cost overruns, and potential regulatory changes affecting the construction industry. Investors should assess these risks in conjunction with the company's overall business strategy and performance before making investment decisions.
What are Tutor Perini's recent financial performance trends?
In recent years, Tutor Perini has experienced fluctuations in revenue and profitability, influenced by market conditions, project delays, and changes in demand. Despite facing challenges, the company continues to focus on securing new contracts and enhancing operational efficiency to improve overall financial performance.
What community engagement initiatives does Tutor Perini have?
Tutor Perini is dedicated to community engagement and corporate social responsibility, participating in initiatives that support local economies and enhance community welfare. The company frequently collaborates with local organizations, sponsors educational programs, and encourages employees to volunteer, reflecting a commitment to positive community impact.
What does Tutor Perini Corporation do?
Tutor Perini Corporation is a leading civil and building construction company that provides various construction services for infrastructure, commercial, and residential projects. The company specializes in large and complex construction projects, including highways, bridges, tunnels, and large-scale buildings. With a diverse portfolio, Tutor Perini engages in general contracting, construction management, and design-build services across the United States and internationally.
What is the leadership structure of Tutor Perini?
Tutor Perini's leadership structure comprises a team of experienced professionals, including a CEO, COO, and various vice presidents overseeing specific business units. This executive team is responsible for strategic decisions, corporate governance, and ensuring the company's operational efficiency and growth.
What is the significance of the merger between Tutor and Perini?
The merger between Tutor and Perini in 2008 created one of the largest publicly traded construction firms in North America, enhancing operational capabilities and market presence. This strategic move allowed Tutor Perini to combine resources, improve competitiveness, and expand its presence in the construction industry effectively.
What is Tutor Perini's approach to safety?
Safety is a top priority for Tutor Perini Corporation, and the company implements strict safety regulations and training programs to minimize workplace accidents. Continuous safety education, regular audits, and a proactive culture of safety contribute to maintaining a safe working environment for employees on all project sites.
What markets does Tutor Perini serve?
Tutor Perini serves various markets including transportation (such as highways and railways), water and wastewater, power (including renewable energy and traditional power generation), and building infrastructure. Its versatility allows the company to adapt to different sectors, addressing the diverse needs of public and private clients.
What methodologies does Tutor Perini use in project management?
Tutor Perini employs various project management methodologies tailored to client requirements, including traditional construction management and modern techniques such as agile project management. This flexibility allows the company to adapt to unique project challenges and deliver high-quality results within budget and schedule.
What recent projects has Tutor Perini completed?
Tutor Perini has recently completed a variety of notable projects, such as the LaGuardia Airport Central Terminal in New York and the rehabilitation of the Gerald Desmond Bridge in California. These projects underscore the company's capabilities in undertaking complex and large-scale construction efforts with significant public impact.
What role does technology play in Tutor Perini's operations?
Technology plays a critical role in Tutor Perini's operations by enhancing efficiency, accuracy, and collaboration in project management. The company utilizes advanced construction technologies such as Building Information Modeling (BIM), automation, and data analytics to improve planning, execution, and project monitoring.
When was Tutor Perini Corporation founded?
Tutor Perini Corporation was founded in 1894 by the Tutor family in Los Angeles, California. Over its long history, the company has grown significantly through mergers and acquisitions, the most notable being the merger with Perini Corporation in 2008, which allowed it to expand its operational capabilities and market reach.
Who are the major competitors of Tutor Perini?
Tutor Perini faces competition from several major construction firms, including AECOM, Kiewit Corporation, and Jacobs Engineering. These companies also have strong capabilities in civil and building construction and bid on similar projects, making it a competitive landscape in the construction industry.
What is the current price of Tutor Perini Corporation Common Stock?
The current price of Tutor Perini Corporation Common Stock is 23.49
When was Tutor Perini Corporation Common Stock last traded?
The last trade of Tutor Perini Corporation Common Stock was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Tutor Perini Corporation Common Stock?
The market capitalization of Tutor Perini Corporation Common Stock is 1.20B
How many shares of Tutor Perini Corporation Common Stock are outstanding?
Tutor Perini Corporation Common Stock has 51.07M shares outstanding.