Quanta installs, repairs and maintains all parts of overhead and underground distribution systems. Services range from traditional line maintenance to technologically advanced solutions and services around the smart grid.
When it comes to substation construction companies, Quanta leads the way with unmatched capabilities, resources and turnkey engineering, procurement and construction (EPC) services. We combine substation construction processes and advanced technologies with expert technical consulting to create time and cost efficiencies that translate into real value for your company.
Quanta Services specializes in designing, building and maintaining transmission systems of any configuration, length and voltage, in any region and through any terrain. Quanta has experience in systems from 69 kV to 765 kV, with all tower types and configuration.
The electrical engineering companies that make up Quanta are uniquely qualified to offer an unmatched set of design and engineering services related to electric power distribution, transmission, construction and maintenance; technical consulting; and other power infrastructure services.
In addition to proven innovation and leadership in traditional power generation, we offer unmatched capabilities and expertise in renewable energy infrastructure.
We offer a full range of engineering services that complement our construction capabilities, allowing us to be the total solution for our clients. From junior engineers to senior technical experts, our team of professionals have experience in applicable process technologies, program management, conceptual and design engineering, construction management, commissioning and start-up.
Quanta’s construction capabilities span any length or diameter. The company’s reputation as the premier cross-country pipeline contractor was built on its capability to manage and execute multiple spreads in the toughest terrain. Through Quanta’s team of operating companies, all construction can be completed turnkey from mechanized welding to pigging.
As the industry leader in project management and construction, the company’s capabilities extend to metering and mainline valve stations, gas and oil separation facilities, gas compressor stations, pump stations, petrochemical plant facilities, electrical power generation plants, tanks and terminals and gathering facilities.
Quanta is recognized as an industry leading contractor, providing horizontal directional drilling (HDD) solutions for some of the most unique and challenging projects in the world. Whether utilizing the intersect method, guiding the bore with gyroscopic technology or completing water-to-water crossings, the best the industry has to offer is on display for each and every project.
SpreadBoss® is the innovative pipeline tracking system that redefined the industry standard for recording, organizing, storing and retrieving all data and documents associated with your pipe and components. With SpreadBoss®, your team can continually view data 24/7, in real-time, from any location — even as it is being collected.
Quanta has the largest custom trenching and mass rock excavating company in the world. We have devoted all of our efforts since 1974 into building a service to trench and remove rock faster than anyone else without the use of explosives. Our trenching and rock removing capabilities are powered by an extensive fleet and industry leading experience in cross-country pipeline, subdivision construction, wind farm electrical collection, urban distribution, foundations, underwater trenching, slurry wall trenching, and mass rock removal projects.
Quanta Services – Oil & Gas Group is the recognized industry leader that continues to strive and meet the challenges of pipeline industry by providing optimum integrity solutions. We offer turnkey corrosion control and pipeline integrity services. Ensuring safe, reliable energy infrastructure has always been our focus. We work with operators to put Integrity Management Programs (IMP’s) into action. We work with customer’s specific needs to implement the smallest of goal-based or prescriptive programs, as well as the largest of turnkey projects.
The purpose of Quanta Services’ Storm Management Services is to provide utility customers with assistance in managing storm restoration over a wide range of storm conditions. Our teams provide utilities with qualified and well-trained management for large restoration workforces that can be integrated into the utilities’ restoration efforts.
Quanta Services has quick access and mobilization capabilities on more than 4,000 linemen across the country –getting the utility the help that’s neededimmediately.
Quanta’s specialized equipment resources are unsurpassed in the industry, with approximately 45,000 pieces of rolling stock ranging from hybrid pickups to 1600 horsepower trenchers weighing more than 500,000 pounds. We have the largest trenchers, longest directional boring machines, largest pullers and tensioners and all other ancillary equipment needed to support multiple EHV transmission projects simultaneously. We also have the ability to bring in resources from other areas of the country to supplement any local shortages that may occur.
The Quanta storm assessor team plays a critical role in a circuit-based restoration strategy as first responder. Quanta only uses qualified linemen for storm assessment, which allows for accurate information to be gathered the first time, improving restoration estimates and mobilization times.
Once the damage has been assessed and power is being restored, restoration progress reporting becomes a key part of the restoration process. Quanta’s Storm Management Team uses communication support personnel to gather restoration progress from crews and submits those to the Communication Coordinator every 6 hours. The Communication Coordinator prepares a summary report which is given to the utility liaison, thus ensuring that the utility is always aware of the restoration progress in the assigned area, which improves resource allocation decision-making and restoration estimates.
The Storm Management Team is comprised of the following:
Our electric power customers also benefit from our ability to perform services without interrupting power service to their customers, which we refer to as energized services. We hold 24 patents, including those for the exclusive use of the group of LineMasterTMrobotic arms, which enhance our ability to deliver these energized services to our customers. Our energized services workforce is specially trained to deliver these services and operate the robotic arm.
The goal of Quanta’s aviation group is to provide a central organization to manage, coordinate and serve all Quanta aviation operations. Our group provides oversight and standardizes work procedures, controls, operations and scheduling for all internal and external helicopter operations, to maintain the highest level of safety and compliance.
Quanta can maintain, upgrade and rebuild virtually any voltage, line or facility in an energized state without interrupting the flow of power.
Quanta is the exclusive operator of the group of LineMaster Robotic Arms, which allows for the safe capture and manipulation of energized conductors.
HOUSTON, March 22, 2019 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.04 per share. The dividend is payable Apr. 19, 2019, to stockholders of record on Apr. 5, 2019.
About Quanta Services
Quanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the electric power, energy and communications industries, including design, installation, repair and maintenance. With operations throughout the United States, Canada, Latin America, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.
Forward Looking Statements
This press release (and any oral statements regarding the subject matter of this press release) contains forward-looking statements intended to qualify for the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements relating to Quanta's expectations regarding the declaration, amount or timing of any future dividends, as well as statements reflecting expectations, intentions, assumptions or beliefs about future events and other statements that do not relate strictly to historical or current facts. Although Quanta's management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. These statements can be affected by inaccurate assumptions and by a variety of risks and uncertainties that are difficult to predict or beyond our control, including, among others, variations in Quanta's financial condition, results of operations, profitability, cash flows, liquidity, current and expected capital requirements and reinvestment opportunities, requirements under Delaware law or other financial results that could impact future capital allocation initiatives, including decisions to pay, or the timing or amount of, any future dividends; market conditions; the effects of industry, economic or political conditions outside of the control of Quanta; and other risks and uncertainties detailed in Quanta's Annual Report on Form 10-K for the year ended Dec. 31, 2018 and any other documents that Quanta files with the Securities and Exchange Commission (SEC). For a discussion of these risks, uncertainties and assumptions, investors are urged to refer to Quanta's documents filed with the SEC that are available through the company's website at www.quantaservices.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at www.sec.gov. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Quanta does not undertake and expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Quanta further expressly disclaims any written or oral statements made by any third party regarding the subject matter of this press release.
Investors - Kip Rupp, CFA
Media – Lynn Hancock
Quanta Services, Inc.
SOURCE Quanta Services, Inc.