Quanta Services Enters Material Agreement, Reports Financials

Ticker: PWR · Form: 8-K · Filed: 2024-08-01T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-condition, financial-obligation

Related Tickers: PWR

TL;DR

Quanta Services signed a big deal and dropped its financials - check the 8-K for details.

AI Summary

On July 31, 2024, Quanta Services, Inc. entered into a material definitive agreement related to its financial obligations. The company also reported its results of operations and financial condition, with specific details to be found within the filing.

Why It Matters

This filing indicates a significant new agreement for Quanta Services, potentially impacting its financial obligations and operational performance.

Risk Assessment

Risk Level: medium — The filing details material definitive agreements and financial condition, which can introduce both opportunities and risks for investors.

Key Players & Entities

Quanta Services, Inc. (company) — Registrant
July 31, 2024 (date) — Date of earliest event reported

FAQ

What is the nature of the material definitive agreement entered into by Quanta Services?

The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not fully elaborated in the provided text, requiring further review of the full document.

What are the key highlights of Quanta Services' results of operations and financial condition as reported?

The filing states that Quanta Services reported its results of operations and financial condition, but the specific financial figures and operational outcomes are not detailed in the provided excerpt.

Does the filing create any new direct financial obligations for Quanta Services?

Yes, the filing explicitly mentions 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,' indicating new financial obligations.

What is the filing date and the period of report for this 8-K?

The filing date is August 1, 2024, and the conformed period of report is July 31, 2024.

What is Quanta Services' principal executive office address and phone number?

Quanta Services, Inc.'s principal executive offices are located at 2727 North Loop West, Houston, Texas 77008, and their business phone number is 713-629-7600.

Filing Stats: 1,142 words · 5 min read · ~4 pages · Grade level 10.7 · Accepted 2024-08-01 06:58:30

Key Financial Figures

$0.00001 — nge on which registered Common Stock, $0.00001 par value PWR New York Stock Exchan
$2.640 billion — volving commitments of the lenders from $2.640 billion to $2.800 billion and extended the matu
$2.800 billion — s of the lenders from $2.640 billion to $2.800 billion and extended the maturity date for the
$300.0 million — nts and for certain other purposes from $300.0 million to $400.0 million. The Amended Credit
$400.0 million — n other purposes from $300.0 million to $400.0 million. The Amended Credit Agreement provide

Filing Documents

d850925d8k.htm (8-K) — 31KB
d850925dex101.htm (EX-10.1) — 1184KB
d850925dex991.htm (EX-99.1) — 307KB
g850925g0801050857876.jpg (GRAPHIC) — 4KB
g850925g0801050858011.jpg (GRAPHIC) — 2KB
0001193125-24-190572.txt ( ) — 1938KB
pwr-20240731.xsd (EX-101.SCH) — 3KB
pwr-20240731_lab.xml (EX-101.LAB) — 17KB
pwr-20240731_pre.xml (EX-101.PRE) — 11KB
d850925d8k_htm.xml (XML) — 3KB

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Exhibit 10.1 Thirteenth Amendment to Fourth Amended and Restated Credit Agreement, dated as of July 31, 2024, among Quanta Services, Inc., as a borrower and the guarantor, certain subsidiaries of Quanta Services, Inc., as borrowers, the lenders party thereto and Bank of America, N.A., as Administrative Agent 99.1 Press Release of Quanta Services, Inc. dated August 1, 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 1, 2024 Quanta Services, Inc. By: /s/ Paul M. Nobel Name: Paul M. Nobel Title: Senior Vice President and Chief Accounting Officer