Mr. Brown Brings Deep Experience in the Energy and Infrastructure Sectors Experienced CEO with Proven Track Record of Financial Performance through Organic Growth, M&A and Diligent Capital Allocation Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, pure-play North American utility infrastructure services company, today announced its Board of Directors has appointed Christian ("Chris") Brown as President and Chief Executive Officer of Centuri, effective December 3, 2024. Mr. Brown will be appointed to the Centuri Board at that time. Mr. Brown succeeds Paul Caudill, who was appointed Interim President and CEO effective July 31, 2024. Brown brings expertise in lea

Bill Fehrman Will Be Stepping Down to Take CEO Role at American Electric Power Board Appoints Former Centuri Advisory Board Member Paul Caudill as Interim CEO Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri"), today announced Bill Fehrman will be stepping down as President and CEO to take the CEO role at American Electric Power (NASDAQ:AEP), one of the nation's largest publicly traded utility companies. He will continue in his role as President and CEO of Centuri until July 31, 2024. The Centuri Board has appointed Paul Caudill, former CEO of NV Energy, a Berkshire Hathaway Energy portfolio company, and Senior Advisor to the CEO and prior Centuri advisory board member, to succeed him as In

JP Morgan downgraded Centuri Holdings from Neutral to Underweight and set a new price target of $16.00 from $19.00 previously

UBS downgraded Centuri Holdings from Buy to Neutral and set a new price target of $17.00 from $30.00 previously

BofA Securities downgraded Centuri Holdings from Neutral to Underperform and set a new price target of $21.00 from $26.00 previously

Project-focused work spans US, Canada and leverages full complement of gas, electric, industrial capabilities Multiple project scopes in support of data center development in the Northeast Significant new Master Service Agreement (MSA) focused on grid resiliency in the Southwest Industrial, generation & mechanical work supporting utility & energy clients New awards emphasizing core utility distribution system upgrades Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced more than $360 million in new awards, primarily reflecting new project scopes for utility, energy, and data center cust

Early Agreements in 2025 Underpin Commitment to Delivering on Long-Term, Profitable Growth Wins include renewal of two significant multi-year customer agreements and two new customer awards Awards expand Centuri's geographic reach into new markets Bookings represent work in the Northeast, Midwest, and expansion into Pacific Northwest Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced several significant customer awards to begin 2025. The bookings plus options exceed $490 million and represent both existing customer contract renewals and new customer awards in new geographies, spanning bo

Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company") today announced financial and operating results for the fourth quarter, ended December 29, 2024, and introduced full year 2025 outlook. Fourth Quarter 2024 Financial Results Fourth quarter 2024 revenue of $717.1 million Net income attributable to common stock of $10.3 million (diluted earnings per share of $0.12) Adjusted Net Income of $18.4 million (adjusted diluted earnings per share of $0.21) Adjusted EBITDA of $70.7 million and Adjusted EBITDA Margin of 9.9% On a trailing twelve-month basis, reduced net debt to Adjusted EBITDA ratio to 3.6x as of December 2024 from 4.0x as of December 2023, consistent with

Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, North American utility infrastructure services company, today announced that it will report 2024 fourth quarter and full year financial results on Wednesday, February 26, 2025. The Company will host an earnings conference call that morning at 10:00 AM ET / 8:00 AM MT to discuss the financial results and business highlights. Speakers on the call will include Christian Brown, President & Chief Executive Officer, and Greg Izenstark, Chief Financial Officer. The conference call will be webcast live on the Company's investor relations (IR) website at https://investor.centuri.com. Date:     Wednesday, February

Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, pure-play North American utility infrastructure services company, today announced that its 2025 Annual Meeting of Stockholders ("2025 Annual Meeting") will take place on April 16, 2025, at a place and time to be announced at a later date. Pursuant to the Company's bylaws, in order for a stockholder proposal to be properly submitted for presentation at the 2025 Annual Meeting, notice must be given to the Company no earlier than the close of business on December 17, 2024 and prior to the close of business on January 16, 2025. Stockholder proposals must otherwise comply with the additional requirements set forth in t

Mr. Brown Brings Deep Experience in the Energy and Infrastructure Sectors Experienced CEO with Proven Track Record of Financial Performance through Organic Growth, M&A and Diligent Capital Allocation Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, pure-play North American utility infrastructure services company, today announced its Board of Directors has appointed Christian ("Chris") Brown as President and Chief Executive Officer of Centuri, effective December 3, 2024. Mr. Brown will be appointed to the Centuri Board at that time. Mr. Brown succeeds Paul Caudill, who was appointed Interim President and CEO effective July 31, 2024. Brown brings expertise in lea

Report highlights progress across the company's four ESG pillars, establishes KPIs, alignment to UN SDGs Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, pure-play North American utility infrastructure services company, released today its 2024 Sustainability Report, its first as a public company, that details progress in advancing environmental, social, and governance (ESG) commitments during 2023. The report, themed "Energy. Impact. Innovation.," outlines the Company's corporate governance structure and ESG framework, and provides an overview of how Centuri is contributing to the development of innovative, reliable, clean energy infrastructure solutions required

Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, pure-play North American utility infrastructure services company, today announced that it will report third quarter 2024 results on Wednesday, November 6, 2024. The Company will host an earnings conference call that morning at 10:00 AM ET / 7:00 AM PT to discuss the results and other business highlights. The conference call will be webcast live on the Company's investor relations (IR) website at https://investor.centuri.com. Date: Wednesday, November 6, 2024 Time: 10:00 AM ET / 7:00 AM PT Telephone number: (800) 225-9448 International telephone number: Conference ID: (203) 518-9708

Wind generation project to power nearly 600,000 homes in New York with 100% renewable energy Sunrise Wind Project Partners Gather for Commemorative Event at Port of Coeymans Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or "the Company"), a premier utility infrastructure services provider, announced today at a media event alongside Ørsted and New York state leaders that it has completed the construction of more than half of the specialized wind turbine foundation componentry for Ørsted's Sunrise Wind project at the Port of Coeymans in New York's Capital District. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912368223/en/(P

Two leadership appointments support commercial strategy and growth objectives Jim Connell Appointed EVP, Chief Commercial & Strategy Officer and Dylan Hradek Appointed President, US Gas Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri" or the "Company"), a leading, pure-play North American utility infrastructure services company, today highlights recent appointments for two long-time Centuri employees to newly-formed strategic roles. Dylan Hradek now serves as President, US Gas and Jim Connell assumed the role of Executive Vice President, Chief Commercial & Strategy Officer. The appointments and newly-formed leadership positions, which took effect at the end of the second quarter, further o

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