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MYR Group Inc. Company Profile

NASDAQ: MYRGIndustrialsWater Sewer Pipeline Comm & Power Line ConstructionUSD

311.63+0.82 (+0.26%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

MYR Group at a glance

MYR Group Inc. (NASDAQ: MYRG) is a Water Sewer Pipeline Comm & Power Line Construction company in the Industrials sector headquartered in Thornton, CO. MYR Group is led by Mr. Richard S. Swartz Jr. and employs about 9,000 people. The company's shares have traded publicly since 2008.

At a market capitalization of $4.84 billion, it is considered a mid-cap company. Its SEC Central Index Key (CIK) is 0000700923, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does MYR Group do?

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company operates through two segments: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice storm, or other related damages. This segment serves as prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Thornton, Colorado.

Business description based on the company's public filings.

Company information

Legal name
MYR Group Inc.
Ticker
NASDAQ: MYRG
Industry
Water Sewer Pipeline Comm & Power Line Construction
CEO
Mr. Richard S. Swartz Jr.
Employees
9,000
Headquarters
12121 Grant Street, Thornton, CO, United States
Phone
303 286 8000
IPO year
2008
SEC CIK
0000700923

Companies similar to MYR Group

MYRG peer companies
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PRIMPrimoris Services Corporation83.60+1.14%$4.54Bvs MYRG
PLPCPreformed Line Products Company397.25-0.01%$1.94Bvs MYRG
DYDycom Industries Inc.269.23-2.88%$8.12Bvs MYRG
SKKSKK Holdings Limited Class A5.45+7.28%$21.59Mvs MYRG
MTZMasTec Inc.212.65-1.85%$17.08Bvs MYRG

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