Construction M&A » By The Online Investor Staff, updated Sun., Jul. 3, 5:44 PM
Recent mergers and acquisitions in the Construction M&A category.
| This Slide: #74 of 100 |
Slide #74. MasTec, Inc. — Big Country Energy Services Inc.
Acquirer:
MasTec, Inc. (NYSE:MTZ)
Acquiree:
Big Country Energy Services Inc.
Details:
MasTec, Inc. (NYSE: MTZ) today announced that it has acquired Big Country Energy Services Inc., and its affiliated operating companies (collectively, "Big Country"), a North American oil and gas pipeline and facility construction services company headquartered in Calgary, Canada. The Company also has construction offices in Alberta, British Columbia and Saskatchewan, as well as in Wyoming and North Dakota. Big Country's services include: oil, natural gas and natural gas liquids gathering systems and pipeline construction; pipeline modification and replacement services; compressor and pumping station construction; and other related services supporting the oil and gas production, processing and transportation industries.
MasTec is an infrastructure construction company operating mainly throughout North America across a range of industries. Co. manages its operations under five operating segment: Communications, which performs engineering, construction, maintenance and customer fulfillment activities related to communications infrastructure; Clean Energy and Infrastructure, which primarily serves energy, utility and other end-markets; Oil and Gas, which performs engineering, construction and maintenance services for pipelines and processing facilities for the energy and utilities industries; Electrical Transmission, which primarily serves the energy and utility industries; and Other.
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Avg. Broker Rec.
 
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Strong Buy (3.60 out of 4) 52nd percentile
(ranked higher than approx. 52% of all stocks covered)
Analysts' Target Price: MTZ Stock Forecast Based on Zacks ABR data; powered by Xignite |
